Market & market position
Germany, with its advanced market-leading mechanical engineering and automation industries, remains Industrial Drive Systems’ major market. The business unit is the worldwide market leader in permanent magnet brakes.
Additional attention has been devoted to the enhancement of spring-applied brake operations, whereby Kendrion intends to play the role of problem-solver for specific customer needs and questions and, in so doing, distinguish the company from the market for standard products.
Industrial Drive Systems is still a small niche player in the USA and China. Nevertheless, the business unit has succeeded in achieving remarkable growth figures in Asia during the last years.
The increasing use of technology for the generation of sustainable energy, a global trend, has opened an attractive new segment of the market to the business unit. Industrial Drive Systems possesses the technology required for this segment.