Integrated Drive Systems

Global Integrated Drive Systems Market to Reach US$70.6 Billion by 2030

The global market for Integrated Drive Systems estimated at US$51.7 Billion in the year 2024, is expected to reach US$70.6 Billion by 2030, growing at a CAGR of 5.3% over the analysis period 2024-2030. Software, one of the segments analyzed in the report, is expected to record a 5.9% CAGR and reach US$25.8 Billion by the end of the analysis period. Growth in the Services segment is estimated at 5.4% CAGR over the analysis period.

The U.S. Market is Estimated at US$14.2 Billion While China is Forecast to Grow at 5.0% CAGR

The Integrated Drive Systems market in the U.S. is estimated at US$14.2 Billion in the year 2024. China, the world`s second largest economy, is forecast to reach a projected market size of US$11.0 Billion by the year 2030 trailing a CAGR of 5.0% over the analysis period 2024-2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at a CAGR of 5.0% and 4.2% respectively over the analysis period. Within Europe, Germany is forecast to grow at approximately 4.3% CAGR.

Global Integrated Drive Systems Market - Key Trends & Drivers Summarized

What Are Integrated Drive Systems and Why Are They Revolutionizing Industrial Automation?

Integrated drive systems (IDS) are advanced solutions that combine multiple components such as motors, drives, gears, and automation controllers into a unified system designed to optimize performance, efficiency, and reliability in industrial applications. These systems are critical in industries like manufacturing, automotive, energy, and material handling, where precision and efficiency are paramount. By integrating various components into a single system, IDS enable seamless communication and coordination between different parts of the machinery, reducing the complexity of system design and installation. This integration also allows for more precise control over processes, resulting in improved operational efficiency, reduced downtime, and lower maintenance costs. As industries increasingly adopt automation and digitalization, the role of integrated drive systems in driving these transformations is becoming more pronounced, making them indispensable in modern industrial environments.

How Are Technological Advancements Shaping the Integrated Drive Systems Market?

Technological advancements are playing a significant role in shaping the integrated drive systems market, particularly through the development of smart technologies and the increasing adoption of the Industrial Internet of Things (IIoT). Innovations in sensor technology, data analytics, and machine learning are enabling the creation of more intelligent drive systems that can monitor performance in real-time, predict maintenance needs, and optimize energy consumption. The integration of these smart technologies into IDS is allowing for greater automation and more efficient control of industrial processes, leading to enhanced productivity and reduced operational costs. Additionally, the rise of digital twins—a virtual model of a physical system—enables companies to simulate and optimize their integrated drive systems before deployment, reducing the risk of errors and improving system performance. The increasing demand for customization in industrial applications is also driving the development of modular integrated drive systems, which can be tailored to specific needs, offering greater flexibility and scalability for different industries.

Why Is There an Increasing Demand for Integrated Drive Systems Across Various Industries?

The demand for integrated drive systems is growing across various industries due to the increasing need for enhanced efficiency, reliability, and precision in industrial operations. In the manufacturing sector, for instance, the push towards Industry 4.0 and smart manufacturing is driving the adoption of IDS, as these systems enable more efficient and flexible production processes. The automotive industry, facing the dual pressures of increasing production demands and stringent environmental regulations, is also turning to IDS to optimize energy use and reduce emissions. In the energy sector, particularly in renewable energy projects like wind and solar power, integrated drive systems are essential for maximizing the efficiency of power generation and distribution systems. The material handling industry, which relies heavily on conveyor systems, robotics, and automated storage solutions, is increasingly adopting IDS to ensure seamless and efficient operations. Additionally, the growing complexity of industrial systems and the need for more sophisticated control and monitoring solutions are further driving the demand for integrated drive systems across various sectors.

What Factors Are Driving the Growth in the Integrated Drive Systems Market?

The growth in the integrated drive systems market is driven by several factors that are closely tied to technological advancements, evolving industry needs, and the broader push towards automation and efficiency. One of the primary drivers is the increasing adoption of Industry 4.0 practices, which require highly integrated and automated systems to optimize production processes and reduce operational costs. The rise of smart factories, where machines and systems are interconnected and can communicate with each other in real-time, is also fueling the demand for IDS that can support these advanced manufacturing environments. Another significant factor is the growing emphasis on energy efficiency and sustainability, as industries seek to reduce their carbon footprint and comply with environmental regulations. Integrated drive systems, with their ability to optimize energy use and improve system performance, are seen as key enablers of these goals. The increasing complexity of industrial operations, driven by the need for greater precision and control, is also pushing companies to invest in IDS that can offer reliable and efficient solutions. Furthermore, the expansion of industries such as automotive, energy, and material handling, particularly in emerging markets, is creating new opportunities for the growth of the integrated drive systems market. As these trends continue to evolve, the demand for advanced, integrated solutions is expected to drive further growth in the IDS market.

SCOPE OF STUDY:

The report analyzes the Integrated Drive Systems market in terms of units by the following Segments, and Geographic Regions/Countries:

Segments:
Offering (Hardware, Software, Services); End-Use (Automotive & Transportation, Food & Beverage, Chemical, Oil & Gas, Pulp & Paper, Pharmaceuticals, Machine Buildings, Water & Wastewater Management, Other End-Uses)

Geographic Regions/Countries:
World; United States; Canada; Japan; China; Europe (France; Germany; Italy; United Kingdom; and Rest of Europe); Asia-Pacific; Rest of World.

Select Competitors (Total 12 Featured) -

• ABB Ltd.
• Bosch Rexroth AG
• Emerson Electric Company
• Mitsubishi Electric Corporation
• Rockwell Automation, Inc.
• Schneider Electric SA
• Siemens AG
• Tq Group GmbH
• Yaskawa Electric Corporation

TARIFF IMPACT FACTOR

Our new release incorporates impact of tariffs on geographical markets as we predict a shift in competitiveness of companies based on HQ country, manufacturing base, exports and imports (finished goods and OEM). This intricate and multifaceted market reality will impact competitors by artificially increasing the COGS, reducing profitability, reconfiguring supply chains, amongst other micro and macro market dynamics.

We are diligently following expert opinions of leading Chief Economists (14,949), Think Tanks (62), Trade & Industry bodies (171) worldwide, as they assess impact and address new market realities for their ecosystems. Experts and economists from every major country are tracked for their opinions on tariffs and how they will impact their countries.

We expect this chaos to play out over the next 2-3 months and a new world order is established with more clarity. We are tracking these developments on a real time basis.

As we release this report, U.S. Trade Representatives are pushing their counterparts in 183 countries for an early closure to bilateral tariff negotiations. Most of the major trading partners also have initiated trade agreements with other key trading nations, outside of those in the works with the United States. We are tracking such secondary fallouts as supply chains shift.

To our valued clients, we say, we have your back. We will present a simplified market reassessment by incorporating these changes!

APRIL 2025: NEGOTIATION PHASE

Our April release addresses the impact of tariffs on the overall global market and presents market adjustments by geography. Our trajectories are based on historic data and evolving market impacting factors.

JULY 2025 FINAL TARIFF RESET

Complimentary Update: Our clients will also receive a complimentary update in July after a final reset is announced between nations. The final updated version incorporates clearly defined Tariff Impact Analyses.

Reciprocal and Bilateral Trade & Tariff Impact Analyses:

USA
CHINA
MEXICO
CANADA
EU
JAPAN
INDIA
176 OTHER COUNTRIES.

Leading Economists - Our knowledge base tracks 14,949 economists including a select group of most influential Chief Economists of nations, think tanks, trade and industry bodies, big enterprises, and domain experts who are sharing views on the fallout of this unprecedented paradigm shift in the global econometric landscape. Most of our 16,491+ reports have incorporated this two-stage release schedule based on milestones.

Please note: Reports are sold as single-site single-user licenses. Electronic versions require 24-48 hours as each copy is customized to the client with digital controls and custom watermarks. The Publisher uses digital controls protecting against copying and printing is restricted to one full copy to be used at the same location.

The latest version of Adobe Acrobat Reader is required to view the report. Upon ordering an electronic version, the Publisher will provide a link to download the purchased report.

Prior to fulfillment of an order, the client will be required to sign a document detailing the purchase terms for a publication from this publisher.