Monday 8 April 2019

Motor Control Centers (MCC) Market Growth Driving Factors and Global Demands 2023


[4/8/2019]:   The global 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.


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.


Market Segment:

Leading players of motor control centers (MCC) market including:
• ABB
• Eaton Corporation
• Schneider Electric
• Siemens
• General Electric
• Rockwel Automation
• Tesco Controls
• Atmel Corporation
• WEG SA
• Vidhyut Control India

Key Regions Including
• North America
• Europe
• Asia-Pacific
• South America
• Middle East and Africa

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

Table of Contents

1 Report Overview
2 Product Type Market
3 Product Application Market
4 Manufacturers Profiles/Analysis
5 Market Performance for Manufacturers
6 Regions Market Performance for Manufacturers
7 World Market Performance Point
8 Development Trend for Regions and Countries (Sales Point)
9 Upstream Source, Technology and Cost
10 Channel Analysis
11 Consumer Analysis
12 Market Forecast

For More Details Visit @ million insights




No comments:

Aluminum Alloy Wheel Market Key Players, Trends and Segmentation by 2022

Global aluminum alloy wheel market is expected to witness a massive growth in the forecast period. In the automotive industry, alloy whe...