Market Overview:
The global industrial intelligent motor control center (iMCC) software market is expected to grow at a CAGR of 6.5% during the forecast period from 2018 to 2030. The growth of the market can be attributed to the increasing demand for energy-efficient and smart motors across various industries. Additionally, the growing trend of Industry 4.0 is also expected to fuel the growth of this market in the coming years. The global industrial intelligent motor control center (iMCC) software market can be segmented on the basis of type, application, and region. On the basis of type, it can be divided into low voltage and medium voltage segments. Low voltage motors are used in applications that require up to 600 volts or less power supply, while medium voltage motors are used in applications that require more than 600 volts power supply. On account of their high efficiency and reliability, low-voltage motors are witnessing a higher adoption rate as compared to medium-voltage ones across various industries such as oil & gas industry, metal & mining industry, utility industry etc.
Product Definition:
Industrial Intelligent Motor Control Center (iMCC) Software is used to manage and control motors in an industrial setting. It can provide a variety of benefits, such as improved motor efficiency, reduced energy consumption, and increased production output.
Low Voltage:
Low voltage is the current which does not exceed the given value. The voltage is a measure of electrical energy and can be represented as positive or negative by its polarity. Low voltage systems are widely used in industrial applications such as PLC, DCS, SCADA and other automation systems for controlling various processes in manufacturing facilities, oil & gas refineries and power plants among others.
Medium Voltage:
Industrial medium voltage is the range between 0-350kV. It is used in power transmission and distribution systems, substation automation, and industrial control systems. The iMCC software provides a solution for controlling various types of electric motors including induction motor, reluctance motor, synchronous generator (synchronous condenser), series/parallel hybrid (with phase shift) and variable frequency drive using an embedded Medium Voltage Control System (MVCS).
Application Insights:
The oil and gas industry accounted for the largest revenue share in 2016. The growth can be attributed to the rising demand for energy as a result of rapid industrialization, population growth, and increasing income levels across developing countries. Moreover, technological advancements in smart meters coupled with iMCC software will further propel market demand over the forecast period.
The metal and mining industry is anticipated to witness significant growth over the forecast period owing to growing investments from developed countries such as U.S., Canada, U.K., Germany etcetera in order to expand their production capacities thereby driving product demand globally intelligent motor control center software market by type-low voltage medium voltage).
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The region is home to several emerging economies, including China, India, and South Korea. Rapid industrialization in these countries has resulted in increased demand for motor control centers from various industries across numerous applications. Moreover, increasing investments by governments of developing nations are also contributing toward market growth across APAC region. For instance, according to a white paper published by PwC “The Rise of Asia Pacific Economy†estimated that Asian countries have witnessed significant economic growth since 1990s with an average annual GDP growth rate of 6% - 7%.
Europe accounted for more than 20% share of global revenue in 2017 owing to high penetration rates observed within major European economies such as Germany and U.K.
Growth Factors:
- Increasing demand for energy-efficient systems in industrial sector
- Rising need for automation and control in industrial sector
- Growing popularity of Industrial Internet of Things (IIoT)
- Proliferation of Industry 4.0 concept among industrialists
- Emergence of cloud-based iMCC software solutions
Scope Of The Report
Report Attributes
Report Details
Report Title
Industrial Intelligent Motor Control Center (iMCC) Software Market Research Report
By Type
Low Voltage, Medium Voltage
By Application
Oil and Gas Industry, Metal and Mining Industry, Utility Industry, Chemicals and Petrochemicals Industry, Food and Beverage Industry, Others
By Companies
Rockwell Automation, ABB, Schneider Electric, Siemens, Mitsubishi Electric, Eaton Corporation, Allis Electric, Larsen & Toubro, Pima Controls, Togami Electric
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
238
Number of Tables & Figures
167
Customization Available
Yes, the report can be customized as per your need.
Global Industrial Intelligent Motor Control Center (iMCC) Software Market Report Segments:
The global Industrial Intelligent Motor Control Center (iMCC) Software market is segmented on the basis of:
Types
Low Voltage, Medium Voltage
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Oil and Gas Industry, Metal and Mining Industry, Utility Industry, Chemicals and Petrochemicals Industry, Food and Beverage Industry, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Rockwell Automation
- ABB
- Schneider Electric
- Siemens
- Mitsubishi Electric
- Eaton Corporation
- Allis Electric
- Larsen & Toubro
- Pima Controls
- Togami Electric
Highlights of The Industrial Intelligent Motor Control Center (iMCC) Software Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Low Voltage
- Medium Voltage
- By Application:
- Oil and Gas Industry
- Metal and Mining Industry
- Utility Industry
- Chemicals and Petrochemicals Industry
- Food and Beverage Industry
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Industrial Intelligent Motor Control Center (iMCC) Software Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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- Correctly Positioning New Products
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Industrial Intelligent Motor Control Center (iMCC) software is a control system that helps industrial automation systems operate more efficiently. It manages the flow of information between controllers and motors, and can optimize performance by detecting problems and issuing alerts.
Some of the major players in the industrial intelligent motor control center (imcc) software market are Rockwell Automation, ABB, Schneider Electric, Siemens, Mitsubishi Electric, Eaton Corporation, Allis Electric, Larsen & Toubro, Pima Controls, Togami Electric.
The industrial intelligent motor control center (imcc) software market is expected to register a CAGR of 6.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Industrial Intelligent Motor Control Center (iMCC) Software Market Overview 4.1 Introduction 4.1.1 Market Taxonomy 4.1.2 Market Definition 4.1.3 Macro-Economic Factors Impacting the Market Growth 4.2 Industrial Intelligent Motor Control Center (iMCC) Software Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Industrial Intelligent Motor Control Center (iMCC) Software Market - Supply Chain Analysis 4.3.1 List of Key Suppliers 4.3.2 List of Key Distributors 4.3.3 List of Key Consumers 4.4 Key Forces Shaping the Industrial Intelligent Motor Control Center (iMCC) Software Market 4.4.1 Bargaining Power of Suppliers 4.4.2 Bargaining Power of Buyers 4.4.3 Threat of Substitution 4.4.4 Threat of New Entrants 4.4.5 Competitive Rivalry 4.5 Global Industrial Intelligent Motor Control Center (iMCC) Software Market Size & Forecast, 2018-2028 4.5.1 Industrial Intelligent Motor Control Center (iMCC) Software Market Size and Y-o-Y Growth 4.5.2 Industrial Intelligent Motor Control Center (iMCC) Software Market Absolute $ Opportunity
Chapter 5 Global Industrial Intelligent Motor Control Center (iMCC) Software Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Industrial Intelligent Motor Control Center (iMCC) Software Market Size Forecast by Type
5.2.1 Low Voltage
5.2.2 Medium Voltage
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Industrial Intelligent Motor Control Center (iMCC) Software Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Industrial Intelligent Motor Control Center (iMCC) Software Market Size Forecast by Applications
6.2.1 Oil and Gas Industry
6.2.2 Metal and Mining Industry
6.2.3 Utility Industry
6.2.4 Chemicals and Petrochemicals Industry
6.2.5 Food and Beverage Industry
6.2.6 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Industrial Intelligent Motor Control Center (iMCC) Software Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Industrial Intelligent Motor Control Center (iMCC) Software Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Industrial Intelligent Motor Control Center (iMCC) Software Analysis and Forecast
9.1 Introduction
9.2 North America Industrial Intelligent Motor Control Center (iMCC) Software Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Industrial Intelligent Motor Control Center (iMCC) Software Market Size Forecast by Type
9.6.1 Low Voltage
9.6.2 Medium Voltage
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Industrial Intelligent Motor Control Center (iMCC) Software Market Size Forecast by Applications
9.10.1 Oil and Gas Industry
9.10.2 Metal and Mining Industry
9.10.3 Utility Industry
9.10.4 Chemicals and Petrochemicals Industry
9.10.5 Food and Beverage Industry
9.10.6 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Industrial Intelligent Motor Control Center (iMCC) Software Analysis and Forecast
10.1 Introduction
10.2 Europe Industrial Intelligent Motor Control Center (iMCC) Software Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Industrial Intelligent Motor Control Center (iMCC) Software Market Size Forecast by Type
10.6.1 Low Voltage
10.6.2 Medium Voltage
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Industrial Intelligent Motor Control Center (iMCC) Software Market Size Forecast by Applications
10.10.1 Oil and Gas Industry
10.10.2 Metal and Mining Industry
10.10.3 Utility Industry
10.10.4 Chemicals and Petrochemicals Industry
10.10.5 Food and Beverage Industry
10.10.6 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Industrial Intelligent Motor Control Center (iMCC) Software Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Industrial Intelligent Motor Control Center (iMCC) Software Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Industrial Intelligent Motor Control Center (iMCC) Software Market Size Forecast by Type
11.6.1 Low Voltage
11.6.2 Medium Voltage
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Industrial Intelligent Motor Control Center (iMCC) Software Market Size Forecast by Applications
11.10.1 Oil and Gas Industry
11.10.2 Metal and Mining Industry
11.10.3 Utility Industry
11.10.4 Chemicals and Petrochemicals Industry
11.10.5 Food and Beverage Industry
11.10.6 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Industrial Intelligent Motor Control Center (iMCC) Software Analysis and Forecast
12.1 Introduction
12.2 Latin America Industrial Intelligent Motor Control Center (iMCC) Software Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Industrial Intelligent Motor Control Center (iMCC) Software Market Size Forecast by Type
12.6.1 Low Voltage
12.6.2 Medium Voltage
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Industrial Intelligent Motor Control Center (iMCC) Software Market Size Forecast by Applications
12.10.1 Oil and Gas Industry
12.10.2 Metal and Mining Industry
12.10.3 Utility Industry
12.10.4 Chemicals and Petrochemicals Industry
12.10.5 Food and Beverage Industry
12.10.6 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Industrial Intelligent Motor Control Center (iMCC) Software Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Industrial Intelligent Motor Control Center (iMCC) Software Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Industrial Intelligent Motor Control Center (iMCC) Software Market Size Forecast by Type
13.6.1 Low Voltage
13.6.2 Medium Voltage
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Industrial Intelligent Motor Control Center (iMCC) Software Market Size Forecast by Applications
13.10.1 Oil and Gas Industry
13.10.2 Metal and Mining Industry
13.10.3 Utility Industry
13.10.4 Chemicals and Petrochemicals Industry
13.10.5 Food and Beverage Industry
13.10.6 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Industrial Intelligent Motor Control Center (iMCC) Software Market: Competitive Dashboard
14.2 Global Industrial Intelligent Motor Control Center (iMCC) Software Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Rockwell Automation
14.3.2 ABB
14.3.3 Schneider Electric
14.3.4 Siemens
14.3.5 Mitsubishi Electric
14.3.6 Eaton Corporation
14.3.7 Allis Electric
14.3.8 Larsen & Toubro
14.3.9 Pima Controls
14.3.10 Togami Electric