Date: 2016-08-12

Cost and Efficiency Benefits to Make Electric Drives Indispensable in European Discrete Industries

LONDON, Dec. 16, 2014 /PRNewswire/ -- The ability to provide higher energy efficiency and precise motion control are fuelling the uptake of electric drives in European discrete industries. Energy efficiency regulations and rising electricity prices too are encouraging end users to deploy electric drives in drive systems. Further, manufacturers stand to benefit from modular electric drives, which can be modified to include servo mechanisms based on requirements. As a result, electric drives will be an inevitable part of all manufacturing equipment by the end of 2018.

New analysis from Frost & Sullivan, Opportunities in the European Electric Drives Market for Discrete Industries, finds that the market earned revenues of $1.18 billion in 2013 and estimates this to reach $1.41 billion in 2018. Western Europe and Scandinavia will generate a higher proportion of the retrofit demand for electric drives, while a major share of adoption in Central and Eastern Europe (CEE) will stem from new installations.

For complimentary access to more information on this research, please visit: ) Growth Partnership Service program. Frost & Sullivan's related studies include: Global Welding Robotics Fact Book, Global Industrial Bearings and Couplings Market, Global Motor Control Centres Market, and Global Gearboxes and Gear Motors Market. All studies included in subscriptions provide detailed market opportunities and industry trends evaluated following extensive interviews with market participants.

About Frost & Sullivan

Frost & Sullivan, the Growth Partnership Company, works in collaboration with clients to leverage visionary innovation that addresses the global challenges and related growth opportunities that will make or break today's market participants.

Our "Growth Partnership" supports clients by addressing these opportunities and incorporating two key elements driving visionary innovation: The Integrated Value Proposition and The Partnership Infrastructure.

The Integrated Value Proposition provides support to our clients throughout all phases of their journey to visionary innovation including: research, analysis, strategy, vision, innovation and implementation.

The Partnership Infrastructure is entirely unique as it constructs the foundation upon which visionary innovation becomes possible. This includes our 360 degree research, comprehensive industry coverage, career best practices as well as our global footprint of more than 40 offices.

For more than 50 years, we have been developing growth strategies for the global 1000, emerging businesses, the public sector and the investment community. Is your organisation prepared for the next profound wave of industry convergence, disruptive technologies, increasing competitive intensity, Mega Trends, breakthrough best practices, changing customer dynamics and emerging economies?

Previous: Thordon Bearings and MSR Gryfia join forces
Next: The Toughest Solutions for the World's Most Extreme Processes

Hot Products:

Product Model	Inside Diameter	Outside Diameter	Thickness
23180BK NTN	400	650	200
23180B NTN	400	650	200

【TradeBearings News Statement】

1.The news above mentioned with detailed source are from internet.We are trying our best to assure they are accurate ,timely and safe so as to let bearing users and sellers read more related info.However, it doesn't mean we agree with any point of view referred in above contents and we are not responsible for the authenticity. If you want to publish the news,please note the source and you will be legally responsible for the news published.
2.All news edited and translated by us are specially noted the source"TradeBearings".
3.For investors,please be cautious for all news.We don't bear any damage brought by late and inaccurate news.
4.If the news we published involves copyright of yours,just let us know.