Global Motor Control Centers Market 2018-2022

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Global motor control centers industry overview

iMCCs offer benefits like optimized cabling approach, the presence of a network-ready device in every MCC unit, and pre-testing and configuration of iMCCs before shipment. These benefits are driving their popularity and adoption by end-user industries. iMCCs are anticipated to replace traditional MCCs during the next five years. Furthermore, additional benefits like real-time monitoring from any place in the facility, predictive maintenance, process supervising, and advanced diagnostics have made iMCCs important for industrial functions. Increased adoption of motor protection systems to protect the installed motors and connected equipment will substantially raise the demand for iMCCs, thus driving the motor control centers market growth.

The improvement in safety for MCCs is one of the critical motor control centers market trends that will further stimulate market growth. Safeguarding the operators and maintenance personnel from hazards like arc flash, thermal burns, and explosive blasts are the main concern while developing MCCs. To minimize these hazards, vendors are developing a new generation of low voltage motor relays (LMVR). These LMVRs offer safety, reliability, and low costs to low voltage MCCs. Vendors are also improving safety by implementing a smart solution, which integrates LMVR with advanced protection and integrated arc-flash detection in MCC. The motor control centers market forecast report predicts that fueled by these factors, the market will grow at a CAGR of almost 6% during the forecast period.

Top motor control centers companies covered in this market research report

The motor control centers market is moderately fragmented with multiple players occupying the market share. By offering a complete analysis of the market’s competitive landscape and with information on the products offered by the companies, this motor control centers industry analysis report is designed to aid clients identify and build new growth strategies.

The report offers a complete analysis of various companies including:

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

Motor control centers market segmentation based on geographic regions

• Americas
• APAC
• EMEA

According to the global motor control centers market analysis, the APAC region will lead the motor control centers market share during the projected period. APAC will also account for the highest motor control centers market growth during the same period.

Motor control centers market segmentation based on application

• Low voltage MCC
• Medium voltage MCC

The low voltage MCC segment will dominate the motor control centers market share during the forecast period. Whereas, the medium voltage MCC segment will account for the highest motor control centers market growth. Additionally, the report will also provide an accurate prediction of the contribution of the various application segments to the growth of the motor control centers market size.

Key highlights of the global motor control centers market for the forecast years 2018-2022:

• CAGR of the market during the forecast period 2018-2022
• Detailed information on factors that will accelerate the growth of the motor control centers market during the next five years
• Precise estimation of the global motor control centers market size and its contribution to the parent market
• Accurate predictions on upcoming trends and changes in consumer behavior
• The growth of the motor control centers industry across the Americas, APAC, and EMEA
• A thorough analysis of the market’s competitive landscape and detailed information on several vendors
• Comprehensive details on the factors that will challenge the growth of the motor control centers companies

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