Integrated Motors and Drives Market Estimated to Experience a Hike in Growth by, 2018 – 2026

Integrated Motors and Drives Market – Overview

Integrated motors and drives combine motor with its controlling electronics into a single package. Motor and their control electronics were not constructed equally. Both had different structural environment. Both were usually situated and operated in a very different site (location) and were usually connected by cables for power, control and communication, until integrated motors and drives was introduced in the market. The integrated motors and drives technology helps in combining motors and their control electronics as one package. The integrated approach helps in reducing costs by approximately 20%-40%. Also, ownership cost of integrated motors and drives is quite low. The integrated solution improves system efficiencies and reliability when compared to non-integrated configurations.

Integrated motors and drives significantly improves the overall efficiency, reliability, and electromagnetic compatibility. Due to the integration capability, there are fewer interface that need to be completed by the end-user. Also, the specifics of a motor can easily be embedded with the controller. This largely includes characteristics/type of motor, feedback type and resolution. The efficiency of the drive and the motor is improved since the drive matches appropriately with the motor and it eliminates the need for additional wiring between the motor and the drive. Up until now (due to non-integration of motor and drive), the long wiring had resulted in wastage of power, both directly and indirectly.

Integrated Motors and Drives Market – Trends and Opportunities

Browse more detail information about this report visit at at https://www.transparencymarketresearch.com/integrated-motors-and-drives-market.html

The integrated motors and drives market is driven by the growing need to reduce total cost of ownership and the need to increase efficiency. The integrated motors and drives market is also driven by the strong acceptance and awareness about advance solutions among various industry verticals. Integrated motor and drives is not a very new concept; it has existed in the market for a while and is being used by industries since a long time. The concept of integrated solutions came into the picture in mid 1990s and its demand continues till today. Over time, integrated motor-drive technology has improved, with vendors introducing more improved versions of the solution in the marketplace. For instance, few manufacturers of integrated motor and drive solutions have refined adapter-plate design to simplify motor or drive replacement in response to customer concerns. Manufacturers have continuously tried to improve the solution based on the application that they are catering to. This has further driven the integrated motors and drives market growth over time.  Adoption of integrated motor and drives solution is expected to offer significant opportunity in the coming years due to strong focus on automation among industrial companies.

Integrated Motors and Drives Market – Segmentation

The integrated motor and drive market can be segmented on the basis of type, application, distribution channel, services, and region. Based on type, the integrated motors and drives market can be categorized into general motion control (GMC) and computer numerical control (CNC) motors. On the basis of application, the integrated motors and drives market can be bifurcated into transportation/mobility, conveyor systems, fluid dispensing and pumping system, industrial robots and others. The transportation and mobility application can be further bifurcated into door control, aircraft seating, cabin, and others. In terms of distribution channel, the integrated motors and drives market can be bifurcated into company owned distribution channel, and third-party distribution channel. On the basis of services, the market can be categorized into support services and installation and maintenance services. On the basis of region, the integrated motors and drives market can be divided into Europe, Asia Pacific, North America, Middle East & Africa, and South America.

Integrated Motors and Drives Market – Key Players

Manufacturers operating in the market are focusing on customization of integrated solutions so that they are able to efficiently cater to the requirements in each application area. Key players operating in the integrated motors and drives market include Elmo Motion Control Ltd., ElectroCraft, Inc., Schneider Electric, Tolomatic, ABB Group, Rockwell Automation, Delta Electronics, Inc., B&R Industrial Automation Company, and Kollmorgen Servotronix Ltd.

Request For Custom Research At https://www.transparencymarketresearch.com/sample/sample.php?flag=CR&rep_id=61407&source=atm

The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.

The study is a source of reliable data on: Market segments and sub-segments Market trends and dynamics Supply and demand Market size Current trends/opportunities/challenges Competitive landscape Technological breakthroughs Value chain and stakeholder analysis

The regional analysis covers: North America (U.S. and Canada) Latin America (Mexico, Brazil, Peru, Chile, and others) Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg) Eastern Europe (Poland and Russia) Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand) Middle East and Africa (GCC, Southern Africa, and North Africa)

The report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases). The report also features a complete qualitative and quantitative assessment by analyzing data gathered from industry analysts and market participants across key points in the industry’s value chain.

A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the report projects the attractiveness of each major segment over the forecast period.

Highlights of the report: A complete backdrop analysis, which includes an assessment of the parent market Important changes in market dynamics Market segmentation up to the second or third level Historical, current, and projected size of the market from the standpoint of both value and volume Reporting and evaluation of recent industry developments Market shares and strategies of key players Emerging niche segments and regional markets An objective assessment of the trajectory of the market Recommendations to companies for strengthening their foothold in the market   

Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.

Request for TOC of This Report visit at https://www.transparencymarketresearch.com/sample/sample.php?flag=T&rep_id=61407&source=atm