DUBLIN, September 30, 2016 /PRNewswire/ --
Research and Markets has announced the addition of the
"Global Motors and Drives Services Market 2016-2020" report to
their offering.
The global motors and drives services market is forecast to grow
at a CAGR of 5.82% during the period 2016-2020.
Commenting on the report, an analyst from the research team said:
One trend spurring growth is the adoption of analytics for
predictive maintenance. Service providers are using analytics and
statistical models in their maintenance tool to obtain real-time
data, facilitate prompt identification of errors, and enhance the
decision-making process.
Major vendors such as Siemens in partnership with SAP are
creating a new open cloud platform for industry users. The platform
will use SAP HANA Cloud Platform technology to record large volumes
of data from plant equipment and systems.
According to the report, one driver that will lead to the growth of
this market is the increased outsourcing of service and maintenance
operations. Globally, both process and discrete industries are now
adopting third-party services to satisfy service maintenance
requirements for key components such as drives and motors.
Over 400 motors and drives from different OEMs are routinely
deployed in a typical manufacturing plant. The third-party service
provider offers a single comprehensive solution, which addresses
all the needs of maintenance and service portfolios of drives and
motors, irrespective of the services from respective OEMs.
Questions Answered:
- What will the market size be in 2020 and what will the growth
rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key
vendors?
- What are the strengths and weaknesses of the key vendors?
Companies Mentioned:
- ABB
- Danfoss
- Emerson Electric
- Rockwell Automation
- Siemens
- Allied Motion Technologies
- ARC Systems
- Asmo
- Bilfinger
- Brammer
- Franklin Electric
- Fuji Electric
- General Electric
- Huali
- KEB
- Mitsubishi Electric
- Nidec
- Omron
- Rexel
- Schneider Electric
Report Structure:
PART 01: Executive summary
PART 02: Scope of the report
PART 03: Market research methodology
PART 04: Introduction
PART 05: Market landscape
PART 06: Market segmentation by product
PART 07: Market segmentation by end-user
PART 08: Geographical segmentation
PART 09: Market drivers
PART 10: Impact of drivers
PART 11: Market challenges
PART 12: Impact of drivers and challenges
PART 13: Market trends
PART 14: Vendor landscape
PART 15: Key takeaways
PART 16: Appendix
PART 17: About the Author
For more information about this report visit
http://www.researchandmarkets.com/research/blhg8m/global_motors_and
Media Contact:
Research and Markets
Laura Wood, Senior Manager
press@researchandmarkets.com
For E.S.T Office Hours Call +1-917-300-0470
For U.S./CAN Toll Free Call +1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716