Global Industrial Intelligent Motor Control Center (iMCC) Software Market 2018-2022

The infographic below contains key findings from our analysis of the industrial intelligent motor control center (iMCC) software market

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Overview of the global industrial intelligent motor control center (iMCC) software market

According to Technavio’s market research report, the rising requirement to lower downtime through data analytics will be one of the major industrial intelligent motor control center (iMCC) software market drivers during the forecast period. The increasing use of intelligent motor control center software enables a plug-and-play solution within the operator interface software that can be handled by computer learners with ease. A combination of both polled and diagnostic real-time information is used in the iMCC software to attain efficiency in process control and management. In addition, iMCCs also offer features, such as preemptive and predictive maintenance modeling and proactive condition monitoring with real-time information. These features assist iMCC in detecting flaws in early stages and lower waste and downtime in industries. This will lead to the market growth till 2022. Our market research analysts predict that this market will grow at a CAGR of more than 6% by 2022.

The increased use of analytics is one of the key industrial intelligent motor control center (iMCC) software market trends that will contribute to the market’s growth in the forthcoming years. The rising popularity of analytics is mainly due to its advantages such as cost benefit analysis, better optimization of operations, and improved servicing and maintenance schedules in industries. Moreover, analytics also helps in identifying the need for maintenance and servicing that in turn, assists in improving the overall efficiency of plant operations.

Companies covered

Characterized by the presence of several players, the industrial iMCC software market appears to be fragmented. This industry research report offers information about the competitive environment among the players in the motor control center market and offers an analysis of the key companies and their products. Additionally, our analysts also offer information about key areas the players currently focus on and the strategies they follow to sustain the competition.

This research report provides an analysis of the various companies in this market including

• ABB       
• Eaton   
• General Electric
• Rockwell Automation    
• Schneider Electric            
• Siemens

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Segmentation by end-user and analysis of the industrial iMCC software market

• Oil and gas industry
• Metal and mining industry
• Utility industry
• Chemicals and petrochemicals industry
• Food and beverage industry

The oil and gas industry segment accounted for the major share of industrial iMCC software market during 2017. The increasing adoption of iMCCs to improve the important aspects of the industrial process, such as process visualization, security,and scalability will drive the motor control center market growth in this segment.

Geographical segmentation and analysis of the tanker shipping market

• Americas
• APAC
• EMEA

This industrial intelligent motor control center (iMCC) software market analysis estimates that in terms of geographic regions, APAC will be the major revenue contributor to the market throughout the forecast period.

Key questions answered in the report include

• What will the market size and the growth rate be in 2022?
• What are the key factors driving the global industrial intelligent motor control center (iMCC) software market?
• What are the key market trends impacting the global industrial intelligent motor control center (iMCC) software market?
• What are the challenges to market growth?
• Who are the key vendors in the global industrial intelligent motor control center (iMCC) software market?
• What are the market opportunities and threats faced by the vendors in the global industrial intelligent motor control center (iMCC) software market?
• Trending factors influencing the market shares of the Americas, APAC, and EMEA.
• What are the key outcomes of the five forces analysis of the global industrial intelligent motor control center (iMCC) software market?

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