Global Medium Voltage Motor Control Centre Market 2018-2022

 The infographic below contains key findings from our analysis of the medium voltage motor control center market

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Overview of the medium voltage motor control center market

The need for using intelligent medium voltage motor control center has increased owing to the rising attempts to create a safe operational environment in the motor starter market. The increased use of these MCCs offers protection from the front, rear, and the sides of the MCC enclosure to the workers. Intelligent MCCs also offers real-time monitoring from any place in the facility, permits predictive maintenance, and helps in processing supervision as well as advanced diagnostics. Technavio’s market research analysis identifies the advanced features of intelligent medium voltage MCCs ensuring safety in harsh environmental conditions as one of the primary medium voltage motor control center market drivers. According to market research analysts, the market will post a CAGR of more than 6% by 2022.

The growing need for IoT-enabled MCC is garnering attention among various motor control center manufacturers and other end-user segments. There has been a significant adoption of automated technologies encouraging the usage of IoT in different operations. Vendors are developing control modules and offering services through smart devices for medium voltage MCCs, which will further accelerate the growth the of the market throughout the forecast period.

Companies covered

The medium voltage motor control center market is characterized by the presence of both international and regional players. With the growing need for IoT-enabled MCC, the players of the motor starter market are increasingly focused on expanding their product portfolio across the globe by offering motor control panel, motor starter panel, and other components such as motor control cabinet. To help clients improve their revenue shares in this competitive market, Technavio’s market research report on the medium voltage motor control center market offers information about the key initiatives and strategies followed by the market players and provides an in-depth analysis of the market’s competitive landscape.

This research report provides an analysis of various companies in the medium voltage motor control center market including

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

Segmentation by end-user and analysis of the medium voltage motor control center market

• Oil and gas industry
• Metal and mining industry
• Utilities industry
• Chemicals and petrochemicals industry

The oil and gas industry accounted for the largest share of the medium voltage motor control center market during 2017. According to Technavio’s market research analysts, this regional segment is likely to continue its dominance in the motor starter market throughout the forecast period.

Segmentation by geography and analysis of the medium voltage motor control center market

• Americas
• APAC
• EMEA

The Americas accounted for the largest share of the medium voltage motor control center market during 2017. According to Technavio’s market research analysts, this regional segment is likely to continue its dominance in the motor starter market throughout the forecast period.

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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 medium voltage motor control center market?
• What are the key market trends impacting the growth of the global medium voltage motor control center market?
• What are the challenges to market growth?
• Who are the key vendors in the global medium voltage motor control center market?
• What are the market opportunities and threats faced by the vendors in the global medium voltage motor control center market?
• What are the 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 medium voltage motor control center market?

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