Motor Control Centers Market 2019 Growth Opportunities, Global Size, Share, Prominent Players, Regional Trends, Emerging Technologies and Forecast to 2023

Motor Control Centers Market 2019 Growth Opportunities, Global Size, Share, Prominent Players, Regional Trends, Emerging Technologies and Forecast to 2023

“Motor Control Centers Market”
Motor Control Centers Market Research Report Segmented by Type (Conventional Motor Control Centers and Intelligent Motor Control Centers), by Voltage (Low voltage and Medium voltage), by Component (Busbars, Circuit Breakers & Fuses, Overload Relays, Variable Speed Drives, Soft Starters and Others), by End User (Industrial, Commercial and Utilities) and by Region – Global Forecast To 2023

The Motor Control Centers Market is expected to grow over the CAGR of around 5.95% during the period 2017 to 2023. The need for continuous uninterrupted electric supply is growing because of the worldwide rise in population and rapid industrialization. The increasing need of reliable electric supply and subsequent investment in transmission & distribution network, grid expansion, and developing safe electrical infrastructure is expected to drive the growth of the global motor control centers market.

The motor control centers market in the Asia-Pacific region is expected to grow the fastest during the forecast period. The rapid industrialization, urbanization, and fast economic growth with growing electrical infrastructure in the countries such as India and China, will drive the market for motor control centers.

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The surging demand for reliable electric supply is encouraging the growth of the market. A motor control center (MMC) can be defined as a centralized system in which all the combination starters are assembled and are connected through a common source power bus. They are mainly used to control the distribution of power to the electrical motors. The MMC panels comprise program controllers, variable frequency drives, and meeting devices.  It is made of a steel structure and contains the combination wire-ways, motor control units bus bars, and internal wiring.

Leading Players:

  • General Electric (U.S.),
  • Siemens AG (Germany),
  • ABB, Ltd. (Switzerland),
  • Schneider Electric SE (France),
  • Rockwell Automation (U.S.),
  • Mitsubishi Electric Corporation (Japan),
  • Hyosung Corporation (South Korea),
  • Larsen & Toubro Limited (India),
  • Technical Control Systems Ltd. (U.K), and
  • WEG S.A. (Brazil).

Segmental Analysis

The global motor control centers market has been segmented on the basis of type, voltage, component, and end-user.

By mode of type, the global motor control centers market has been segmented into intelligent motor control centers and conventional motor control centers.

The voltage segment comprises medium voltage and low voltage. Among these, the low voltage segment is anticipated to command the largest market share owing to the high adoption of low voltage motors across industries.

Based on component, the motor control centers market comprises circuit breakers & fuses, busbars, variable speed drives, overload relays, soft starters, and others.

The end-users segment constitutes of commercial, industrial, and utilities. Among these, the industrial usage commands a larger share of the total volume of the market.

Regional Insights

Geographically, the motor control centers market span across regions namely, Europe, North America, Asia Pacific, and the Rest-of-the-World (RoW).

Considering the global scenario, Asia Pacific is considered to lead the market across the globe. The growth has been ascribed to the steady industrialization, rapid economic growth in economies like China and India, and booming urbanization. The high demand for electricity in this region is contributing to the growth of the market. The Chinese market is anticipated to dominate the market in this region. The surging power generation capacity additions coupled with the industrialization projects in India, Japan, and China are likely to spur the growth of the regional market.

Industrial Updates

May 01, 2019: The recently released insulated bus option for Allen-Bradley CENTERLINE 2100 motor control centers from Rockwell Automation has ensured that the industrial workers feel safe and also experience ease of maintenance. The insulated bus is a ready-to-install wrap which is attached to the horizontal bus on an MCC and prevents arc propagation.

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Table Of Contents

1 Executive Summary

2 Research Methodology

3 Market Dynamics

4 Global Motor Control Centers Market, By Type

4.1 Introduction

4.2 Conventional Motor Control Centers

4.3 Intelligent Motor Control Centers

5 Global Motor Control Centers Market, By Voltage

5.1 Introduction

5.2 Low Voltage

5.3 Medium Voltage

6 Global Motor Control Centers Market, By Component

6.1. Introduction

6.2 Busbars

6.3 Circuit Breakers & Fuses

6.4 Overload Relays

6.5 Variable Speed Drives

6.6 Soft Starters

6.7 Others

7 Global Motor Control Centers Market, By End User

7.1 Introduction

7.2 Utilities

7.3 Industrial

7.4 Commercial

Continued……

List Of Tables

Table 1 Global Motor Control Centers Market, By Type

Table 2 Global Motor Control Centers Market, By Voltage

Table 3 Global Motor Control Centers Market, By Component

Table 4 Global Motor Control Centers Market, By End User

Table 5 Global Motor Control Centers Market, By Regions

Continued……

List Of Figures

Figure 1 Research Application

Figure 2 Global Motor Control Centers Market: By Type (%)

Figure 3 Global Motor Control Centers Market: By Voltage (%)

Figure 4 Global Motor Control Centers Market: By Component (%)

Figure 5 Global Motor Control Centers Market: By End User (%)

Continued…….

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