Market Share of Integrated Drive System Industry
The integrated drive systems market is dominated by a few key players with significant market share. The high growth potential of this market has been attracting new entrants. The key vendors of the market hence are acquiring competitive advantage through technological advancements and product developments. Some of the recent developments in the market are as follows:-
- November 2019 - Rockwell Automation. Inc and Accenture announced plans to collaborate to develop a digital offering to enable industrial clients to move beyond existing manufacturing solutions to transform existing connected enterprises.
Integrated Drive System Market Leaders
ABB Ltd.
Schneider Electric SE
Siemens AG
Rockwell Automation, Inc.
Mitsubishi Electric Corporation
*Disclaimer: Major Players sorted in no particular order
