The global intelligent motor control centers (IMCC) market is expected to grow at a CAGR of 6.5% during the forecast period, from 2021 to 2030. The growth of this market can be attributed to the increasing demand for energy-efficient motors in various industries such as oil and gas, power generation, mining and metal, automotive, pulp and paper. The IMCCs are used in these industries for controlling the speed of motors based on their load requirements. This helps in reducing energy consumption by up to 30%.
The low voltage IMCC segment accounted for the largest share of this market in 2018 due to its wide application across various industries such as oil & gas, power generation, mining & metal and automotive sectors. However, high voltage IMCC segment is expected to grow at a higher CAGR during the forecast period due to its increasing adoption by major players such as Siemens AG (Germany), ABB Ltd (Switzerland), Schneider Electric SE (France) among others.
- Increasing demand for energy efficient motors and increasing demand for automation in the manufacturing industry are the major drivers of the IMCC market.
- Increasing use of renewable energy sources such as solar and wind power is also driving the growth of this market.
- The high cost associated with installation and maintenance is a major restraint in this market.
- North America dominates this market due to its high adoption rate.
Industry Growth Insights published a new data on “Intelligent Motor Control Centers (IMCC) Market”. The research report is titled “Intelligent Motor Control Centers (IMCC) Market research by Types (Low Voltage IMCC, Medium Voltage IMCC, High Voltage IMCC), By Applications (Oil & Gas, Power Generation, Mining & Metal, Automotive, Pulp and Paper, Others), By Players/Companies ABB, Eaton, Siemens, General Electric, Schneider Electric, Rockwell Automation, Fuji Electric, Vidhyut Control India, Mitsubishi Electric, Gemco Controls, Technical Control Systems, Hyosung, WEG, Lsis, Larsen & Toubro Limited”.
Scope Of The Report
Report Attributes
Report Details
Report Title
Intelligent Motor Control Centers (IMCC) Market Research Report
By Type
Low Voltage IMCC, Medium Voltage IMCC, High Voltage IMCC
By Application
Oil & Gas, Power Generation, Mining & Metal, Automotive, Pulp and Paper, Others
By Companies
ABB, Eaton, Siemens, General Electric, Schneider Electric, Rockwell Automation, Fuji Electric, Vidhyut Control India, Mitsubishi Electric, Gemco Controls, Technical Control Systems, Hyosung, WEG, Lsis, Larsen & Toubro Limited
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
232
Number of Tables & Figures
163
Customization Available
Yes, the report can be customized as per your need.
 Industry Outlook.svg)
Global Intelligent Motor Control Centers (IMCC) Market Report Segments:
The global Intelligent Motor Control Centers (IMCC) market is segmented on the basis of:
Types
Low Voltage IMCC, Medium Voltage IMCC, High Voltage IMCC
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 & Gas, Power Generation, Mining & Metal, Automotive, Pulp and Paper, 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:
- ABB
- Eaton
- Siemens
- General Electric
- Schneider Electric
- Rockwell Automation
- Fuji Electric
- Vidhyut Control India
- Mitsubishi Electric
- Gemco Controls
- Technical Control Systems
- Hyosung
- WEG
- Lsis
- Larsen & Toubro Limited
 Market Overview.svg)
Highlights of The Intelligent Motor Control Centers (IMCC) 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 IMCC
- Medium Voltage IMCC
- High Voltage IMCC
- By Application:
- Oil & Gas
- Power Generation
- Mining & Metal
- Automotive
- Pulp and Paper
- 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 Intelligent Motor Control Centers (IMCC) 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
- Market Entry Strategies
- Business Expansion Strategies
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 Market Statistics.svg)
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?
An Intelligent Motor Control Centers (IMCC) is a type of control center that uses artificial intelligence to manage vehicle operations. IMCCs can improve the efficiency and safety of traffic by automating certain tasks, such as controlling traffic signals or managing lane changes.
Some of the key players operating in the intelligent motor control centers (imcc) market are ABB, Eaton, Siemens, General Electric, Schneider Electric, Rockwell Automation, Fuji Electric, Vidhyut Control India, Mitsubishi Electric, Gemco Controls, Technical Control Systems, Hyosung, WEG, Lsis, Larsen & Toubro Limited.
The intelligent motor control centers (imcc) market is expected to grow at a compound annual growth rate of 6.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Intelligent Motor Control Centers (IMCC) Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Intelligent Motor Control Centers (IMCC) Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Intelligent Motor Control Centers (IMCC) Market - Supply Chain
4.5. Global Intelligent Motor Control Centers (IMCC) Market Forecast
4.5.1. Intelligent Motor Control Centers (IMCC) Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Intelligent Motor Control Centers (IMCC) Market Size (000 Units) and Y-o-Y Growth
4.5.3. Intelligent Motor Control Centers (IMCC) Market Absolute $ Opportunity
5. Global Intelligent Motor Control Centers (IMCC) Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Intelligent Motor Control Centers (IMCC) Market Size and Volume Forecast by Type
5.3.1. Low Voltage IMCC
5.3.2. Medium Voltage IMCC
5.3.3. High Voltage IMCC
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Intelligent Motor Control Centers (IMCC) Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Intelligent Motor Control Centers (IMCC) Market Size and Volume Forecast by Application
6.3.1. Oil & Gas
6.3.2. Power Generation
6.3.3. Mining & Metal
6.3.4. Automotive
6.3.5. Pulp and Paper
6.3.6. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Intelligent Motor Control Centers (IMCC) Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Intelligent Motor Control Centers (IMCC) Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Intelligent Motor Control Centers (IMCC) Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Intelligent Motor Control Centers (IMCC) Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Intelligent Motor Control Centers (IMCC) Demand Share Forecast, 2019-2026
9. North America Intelligent Motor Control Centers (IMCC) Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Intelligent Motor Control Centers (IMCC) Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Intelligent Motor Control Centers (IMCC) Market Size and Volume Forecast by Application
9.4.1. Oil & Gas
9.4.2. Power Generation
9.4.3. Mining & Metal
9.4.4. Automotive
9.4.5. Pulp and Paper
9.4.6. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Intelligent Motor Control Centers (IMCC) Market Size and Volume Forecast by Type
9.7.1. Low Voltage IMCC
9.7.2. Medium Voltage IMCC
9.7.3. High Voltage IMCC
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Intelligent Motor Control Centers (IMCC) Demand Share Forecast, 2019-2026
10. Latin America Intelligent Motor Control Centers (IMCC) Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Intelligent Motor Control Centers (IMCC) Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Intelligent Motor Control Centers (IMCC) Market Size and Volume Forecast by Application
10.4.1. Oil & Gas
10.4.2. Power Generation
10.4.3. Mining & Metal
10.4.4. Automotive
10.4.5. Pulp and Paper
10.4.6. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Intelligent Motor Control Centers (IMCC) Market Size and Volume Forecast by Type
10.7.1. Low Voltage IMCC
10.7.2. Medium Voltage IMCC
10.7.3. High Voltage IMCC
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Intelligent Motor Control Centers (IMCC) Demand Share Forecast, 2019-2026
11. Europe Intelligent Motor Control Centers (IMCC) Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Intelligent Motor Control Centers (IMCC) Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Intelligent Motor Control Centers (IMCC) Market Size and Volume Forecast by Application
11.4.1. Oil & Gas
11.4.2. Power Generation
11.4.3. Mining & Metal
11.4.4. Automotive
11.4.5. Pulp and Paper
11.4.6. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Intelligent Motor Cotrol Centers (IMCC) Market Size and Volume Forecast by Type
11.7.1. Low Voltage IMCC
11.7.2. Medium Voltage IMCC
11.7.3. High Voltage IMCC
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Intelligent Motor Control Centers (IMCC) Demand Share, 2019-2026
12. Asia Pacific Intelligent Motor Control Centers (IMCC) Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Intelligent Motor Control Centers (IMCC) Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Intelligent Motor Control Centers (IMCC) Market Size and Volume Forecast by Application
12.4.1. Oil & Gas
12.4.2. Power Generation
12.4.3. Mining & Metal
12.4.4. Automotive
12.4.5. Pulp and Paper
12.4.6. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Intelligent Motor Control Centers (IMCC) Market Size and Volume Forecast by Type
12.7.1. Low Voltage IMCC
12.7.2. Medium Voltage IMCC
12.7.3. High Voltage IMCC
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Intelligent Motor Control Centers (IMCC) Demand Share, 2019-2026
13. Middle East & Africa Intelligent Motor Control Centers (IMCC) Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Intelligent Motor Control Centers (IMCC) Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Intelligent Motor Control Centers (IMCC) Market Size and Volume Forecast by Application
13.4.1. Oil & Gas
13.4.2. Power Generation
13.4.3. Mining & Metal
13.4.4. Automotive
13.4.5. Pulp and Paper
13.4.6. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Intelligent Motor Control Centers (IMCC) Market Size and Volume Forecast by Type
13.7.1. Low Voltage IMCC
13.7.2. Medium Voltage IMCC
13.7.3. High Voltage IMCC
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Intelligent Motor Control Centers (IMCC) Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Intelligent Motor Control Centers (IMCC) Market: Market Share Analysis
14.2. Intelligent Motor Control Centers (IMCC) Distributors and Customers
14.3. Intelligent Motor Control Centers (IMCC) Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. ABB
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Eaton
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Siemens
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. General Electric
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Schneider Electric
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Rockwell Automation
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Fuji Electric
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Vidhyut Control India
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Mitsubishi Electric
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Gemco Controls
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Technical Control Systems
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Hyosung
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. WEG
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Lsis
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. Larsen & Toubro Limited
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
