Motor Control Centers (MCC) Market is
expected to display higher growth rate in the upcoming period. Rapid surge in
the market is credited to the increasing adoption of low voltage motors in
various end-use industries. Motor control centers (MCC) are currently employed
in different industries such as chemicals & petrochemicals, paper &
pulp, cement, and food and beverage. Globally, market is predicted to generate
massive revenue over the forecast period, providing numerous opportunities for
industry participants to invest in research and development of motor control
centers (MCC).
Increasing number of application of motor control centers
(MCC) in automobile industry, oil & gas industry, cement manufacturing
sector and textile industry, is expected to drive the growth of motor control
centers (MCC) market over the forecast period. Growing importance towards
predictive maintenance of motor is expected to drive the growth of wireless
motor monitoring system market over the forecast period. Maintenance &
monitoring of industrial low-voltage motor is considered as a high priority
task owing to its widespread applications.
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Increasing adoption of high-performing low-voltage motors in
variable industrial application is expected to favor the market growth over the
forecast period. A motor control center (MCC) helps to monitor several motors
from remote or a central locations. A motor control center (MCC) contains several
enclosed sections that has a common power bus. Each section has its own
combination starter combined with motor starter, fuses or circuit breaker and
power disconnect. The motor control centers uses push buttons, indicator
lights, variable-frequency drives, programmable logic controllers and metering
equipment for easy operations.
The motor control centers market is broadly categorized into
two major segments based on the product type such as intelligent motor control
centers and conventional motor control centers. Intelligent motor control
centers segment is growing rapidly in the market with substantial revenue
generation in the last few years.
The market is divided by region as North America, Europe,
Asia-Pacific, Latin America and Africa. North America has shown major growth in
recent years owing to the rise in implementation of latest technologies in
industrial automation sector, surge in number of research & development
activities and existence of well-established manufacturing infrastructure in
the region. In European region, Germany, France, and United Kingdom are
projected to witness steady growth.
Asia-Pacific region is estimated to hold a major share in
the motor control centers industry with massive growth in forecast period.
Countries such as India, China and Singapore are leading the Asia-Pacific
market with strong economic growth, rising awareness level among small and
medium-sized businesses, growing number of manufacturing activities, and
significant investment by leading industry players considering potential growth
opportunities in the region.
The key players in the motor control centers (MCC) market
are ABB, Ltd., Schneider Electric SE, Siemens AG, Eaton Corp., Rockwell
Automation, Inc., and General Electric Company.
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Market Segment:
Geographically, this
report is segmented into several key Regions, with production, consumption,
revenue (M USD), market share and growth rate of Motor Control Centers (MCC) in
these regions, from 2012 to 2023 (forecast), covering
•
North America (United States, Canada and Mexico)
•
Europe (Germany, France, UK, Russia and Italy)
•
Asia-Pacific (China, Japan, Korea, India and
Southeast Asia)
•
South America (Brazil, Argentina, Columbia)
•
Middle East and Africa (Saudi Arabia, UAE,
Egypt, Nigeria and South Africa)
Global Motor Control
Centers (MCC) market competition by top manufacturers, with production, price,
revenue (value) and market share for each manufacturer; the top players
including
•
ABB
•
Eaton Corporation
•
Schneider Electric
•
Siemens
•
General Electric
•
Rockwel Automation
•
Tesco Controls
•
Atmel Corporation
•
WEG SA
•
Vidhyut Control India
•
Mitsubishi Electric
•
Fuji Electric
•
Gemco Controls
•
SUN-Tech Engineers
•
Rolla
On the basis of
product, this report displays the production, revenue, price, market share and
growth rate of each type, primarily split into
•
Low Voltage Motor Control Centers
•
Medium Voltage Motor Control Centers
On the basis on the
end users/applications, this report focuses on the status and outlook for major
applications/end users, consumption (sales), market share and growth rate of
Motor Control Centers (MCC) for each application, including
•
Industrial
•
Commercial
•
Other
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