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(Transportation-News.com, June 14, 2018 ) Motor Control Centers Market is accounted for $4.96 billion in 2016 and expected to grow at a CAGR of 7.0% to reach $7.98 billion by 2023. The market is driven by growing demand for industrial automation in developed regions, increased use of electric motors in key industries, increased industrial plant uptime and booming power sector & augmented power generation capacities globally. Further, rising demand for smart and integrated motor control & protection devices and up gradation of industrial infrastructure in developed countries would provide greater opportunities. However, decrease in mining activities in Asia-Pacific, Latin America, & Africa and stagnant growth in the oil & gas industry will impede market growth.
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The low voltage segment is anticipated to attribute the largest share due to the adoption of low voltage motors in various industries. This market is heavily concentrated in the oil & gas and mining sectors. Among type, Intelligent Motor Control Systems is integrated with advanced communication capabilities of integrated architecture with motor control devices. iMCCs, provide remote diagnostic capabilities as well as features such as loss detection and predictive maintenance. Manufacturers use the National Electrical Manufactures Association (NEMA) and International Electro-Technical Commission (IEC) standards to produce motor control centers equipments.
The industrial segment is expected to be the fastest growing sector due to increasing surge for adoption of automation across various industries. U.S. based Rockwell Automation sells MCC under the brand name, NEMA CENTERLINE 2100, which is highly durable and used for integrating process control and power.
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Table of Content:
1 Executive Summary
2 Preface
2.1 Abstract
2.2 Stake Holders
2.3 Research Scope
2.4 Research Methodology
2.4.1 Data Mining
2.4.2 Data Analysis
2.4.3 Data Validation
2.4.4 Research Approach
2.5 Research Sources
2.5.1 Primary Research Sources
2.5.2 Secondary Research Sources
2.5.3 Assumptions
3 Market Trend Analysis
3.1 Introduction
3.2 Drivers
3.3 Restraints
3.4 Opportunities
3.5 Threats
3.6 End User Analysis
3.7 Emerging Markets
3.8 Futuristic Market Scenario
4 Porters Five Force Analysis
4.1 Bargaining power of suppliers
4.2 Bargaining power of buyers
4.3 Threat of substitutes
4.4 Threat of new entrants
4.5 Competitive rivalry
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 Circuit breakers & fuses
6.3 Soft starters
6.4 Busbars
6.5 Overload relays
6.6 Variable Speed Drives
7 Global Motor Control Centers Market, By Type
7.1 Introduction
7.2 Intelligent Motor Control Centers (iMCC)
7.3 Conventional Motor Control Centers
8 Global Motor Control Centers Market, By End User
8.1 Introduction
8.2 Commercial
8.3 Industrial
8.3.1 Cement & Manufacturing
8.3.2 Chemicals & Petrochemicals
8.3.3 Food & Beverage
8.3.4 Mining & Metals
8.3.5 Oil & Gas
8.3.6 Water and Wastewater
8.3.7 Automotive
8.3.8 Pharmaceutical
8.3.9 Utilities
8.3.10 Other Industries
9 Global Motor Control Centers Market, By Geography
9.1 Introduction
9.2 North America
9.2.1 US
9.2.2 Canada
9.2.3 Mexico
9.3 Europe
9.3.1 Germany
9.3.2 UK
9.3.3 Italy
9.3.4 France
9.3.5 Spain
9.3.6 Rest of Europe
9.4 Asia Pacific
9.4.1 Japan
9.4.2 China
9.4.3 India
9.4.4 Australia
9.4.5 New Zealand
9.4.6 South Korea
9.4.7 Rest of Asia Pacific
9.5 South America
9.5.1 Argentina
9.5.2 Brazil
9.5.3 Chile
9.5.4 Rest of South America
9.6 Middle East & Africa
9.6.1 Saudi Arabia
9.6.2 UAE
9.6.3 Qatar
9.6.4 South Africa
9.6.5 Rest of Middle East & Africa
10 Key Developments
10.1 Agreements, Partnerships, Collaborations and Joint Ventures
10.2 Acquisitions & Mergers
10.3 New Product Launch
10.4 Expansions
10.5 Other Key Strategies
11 Company Profiling
11.1 ABB
11.2 Siemens
11.3 GE
11.4 Rockwell Automation
11.5 Sun-Tech Engineers
11.6 Mitsubishi
11.7 Gemco Controls
11.9 Vidyut Control India Private
11.10 WEG
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