The global low voltage motor control centers market is expected to grow at a CAGR of 5.5% during the forecast period, from 2021 to 2030. The market is driven by factors such as increasing demand for energy efficiency and renewable energy sources, growing need for automation in industries, and rising demand for electric vehicles. Traditional Motor Control Centers: The traditional motor control centers segment accounted for the largest share of the global low voltage motor control centers market in 2018. This segment is expected to continue its dominance throughout the forecast period due to its high adoption rate among end-users and lower cost compared with intelligent motor control centers. Intelligent Motor Control Centers: The intelligent motor control center segment accounted for a small share of the global low voltage motor control center market in 2018 but is expected to grow at a higher CAGR than traditional motors during the forecast period due to their advanced features such as remote monitoring, predictive maintenance, and data analytics capabilities that are not available with traditional motors.
Some Of The Growth Factors Of This Market:
- The increasing demand for energy efficient motors is a major factor driving the growth of the low voltage motor control centers market.
- The need to reduce carbon emissions and improve air quality is also driving the growth of this market.
- Increasing awareness about green buildings and sustainable construction practices is also a major factor driving the growth of this market.
- Increasing demand for electric vehicles, which require low voltage motors, is another factor that will drive the growth of this market in future years.
- The increasing use of renewable energy sources such as solar power will also drive the growth of this market in future years.
Industry Growth Insights published a new data on “Low Voltage Motor Control Centers Market”. The research report is titled “Low Voltage Motor Control Centers Market research by Types (Traditional Motor Control Center, Intelligent Motor Control Center), By Applications (Oil And Gas, Mining, Public Utilities, Petroleum Chemicals, Cement, Food And Drink, Other), By Players/Companies ABB, Eaton, Siemens, General Electric, Schneider Electric, Rockwell Automation, Mitsubishi Electric, Technical Control Systems, Tesco Controls, Larsen & Toubro, Fuji Electric”.
Scope Of The Report
Report Attributes
Report Details
Report Title
Low Voltage Motor Control Centers Market Research Report
By Type
Traditional Motor Control Center, Intelligent Motor Control Center
By Application
Oil And Gas, Mining, Public Utilities, Petroleum Chemicals, Cement, Food And Drink, Other
By Companies
ABB, Eaton, Siemens, General Electric, Schneider Electric, Rockwell Automation, Mitsubishi Electric, Technical Control Systems, Tesco Controls, Larsen & Toubro, Fuji 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
247
Number of Tables & Figures
173
Customization Available
Yes, the report can be customized as per your need.
Global Low Voltage Motor Control Centers Market Report Segments:
The global Low Voltage Motor Control Centers market is segmented on the basis of:
Types
Traditional Motor Control Center, Intelligent Motor Control Center
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, Mining, Public Utilities, Petroleum Chemicals, Cement, Food And Drink, Other
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
- Mitsubishi Electric
- Technical Control Systems
- Tesco Controls
- Larsen & Toubro
- Fuji Electric
Highlights of The Low Voltage Motor Control Centers 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:
- Traditional Motor Control Center
- Intelligent Motor Control Center
- By Application:
- Oil And Gas
- Mining
- Public Utilities
- Petroleum Chemicals
- Cement
- Food And Drink
- Other
- 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 Low Voltage Motor Control Centers 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
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
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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?
Low voltage motor control centers are used to control the speed, direction, and power of electric motors.
Some of the major players in the low voltage motor control centers market are ABB, Eaton, Siemens, General Electric, Schneider Electric, Rockwell Automation, Mitsubishi Electric, Technical Control Systems, Tesco Controls, Larsen & Toubro, Fuji Electric.
The low voltage motor control centers market is expected to register a CAGR of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Low Voltage Motor Control Centers 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. Low Voltage Motor Control Centers Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Low Voltage Motor Control Centers Market - Supply Chain
4.5. Global Low Voltage Motor Control Centers Market Forecast
4.5.1. Low Voltage Motor Control Centers Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Low Voltage Motor Control Centers Market Size (000 Units) and Y-o-Y Growth
4.5.3. Low Voltage Motor Control Centers Market Absolute $ Opportunity
5. Global Low Voltage Motor Control Centers 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. Low Voltage Motor Control Centers Market Size and Volume Forecast by Type
5.3.1. Traditional Motor Control Center
5.3.2. Intelligent Motor Control Center
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Low Voltage Motor Control Centers 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. Low Voltage Motor Control Centers Market Size and Volume Forecast by Application
6.3.1. Oil And Gas
6.3.2. Mining
6.3.3. Public Utilities
6.3.4. Petroleum Chemicals
6.3.5. Cement
6.3.6. Food And Drink
6.3.7. Other
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Low Voltage Motor Control Centers 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. Low Voltage Motor Control Centers 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 Low Voltage Motor Control Centers 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. Low Voltage Motor Control Centers 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 Low Voltage Motor Control Centers Demand Share Forecast, 2019-2026
9. North America Low Voltage Motor Control Centers 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 Low Voltage Motor Control Centers 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 Low Voltage Motor Control Centers Market Size and Volume Forecast by Application
9.4.1. Oil And Gas
9.4.2. Mining
9.4.3. Public Utilities
9.4.4. Petroleum Chemicals
9.4.5. Cement
9.4.6. Food And Drink
9.4.7. Other
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Low Voltage Motor Control Centers Market Size and Volume Forecast by Type
9.7.1. Traditional Motor Control Center
9.7.2. Intelligent Motor Control Center
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 Low Voltage Motor Control Centers Demand Share Forecast, 2019-2026
10. Latin America Low Voltage Motor Control Centers 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 Low Voltage Motor Control Centers 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 Low Voltage Motor Control Centers Market Size and Volume Forecast by Application
10.4.1. Oil And Gas
10.4.2. Mining
10.4.3. Public Utilities
10.4.4. Petroleum Chemicals
10.4.5. Cement
10.4.6. Food And Drink
10.4.7. Other
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Low Voltage Motor Control Centers Market Size and Volume Forecast by Type
10.7.1. Traditional Motor Control Center
10.7.2. Intelligent Motor Control Center
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 Low Voltage Motor Control Centers Demand Share Forecast, 2019-2026
11. Europe Low Voltage Motor Control Centers 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 Low Voltage Motor Control Centers 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 Low Voltage Motor Control Centers Market Size and Volume Forecast by Application
11.4.1. Oil And Gas
11.4.2. Mining
11.4.3. Public Utilities
11.4.4. Petroleum Chemicals
11.4.5. Cement
11.4.6. Food And Drink
11.4.7. Other
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Low Voltage Motor Control Centers Market Size and Volume Forecast by Type
11.7.1. Traditional Motor Control Center
11.7.2. Intelligent Motor Control Center
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 Low Voltage Motor Control Centers Demand Share, 2019-2026
12. Asia Pacific Low Voltage Motor Control Centers 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 Low Voltage Motor Control Centers 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 Low Voltage Motor Control Centers Market Size and Volume Forecast by Application
12.4.1. Oil And Gas
12.4.2. Mining
12.4.3. Public Utilities
12.4.4. Petroleum Chemicals
12.4.5. Cement
12.4.6. Food And Drink
12.4.7. Other
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Low Voltage Motor Control Centers Market Size and Volume Forecast by Type
12.7.1. Traditional Motor Control Center
12.7.2. Intelligent Motor Control Center
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 Low Voltage Motor Control Centers Demand Share, 2019-2026
13. Middle East & Africa Low Voltage Motor Control Centers 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 Low Voltage Motor Control Centers 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 Low Voltage Motor Control Centers Market Size and Volume Forecast by Application
13.4.1. Oil And Gas
13.4.2. Mining
13.4.3. Public Utilities
13.4.4. Petroleum Chemicals
13.4.5. Cement
13.4.6. Food And Drink
13.4.7. Other
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Low Voltage Motor Control Centers Market Size and Volume Forecast by Type
13.7.1. Traditional Motor Control Center
13.7.2. Intelligent Motor Control Center
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 Low Voltage Motor Control Centers Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Low Voltage Motor Control Centers Market: Market Share Analysis
14.2. Low Voltage Motor Control Centers Distributors and Customers
14.3. Low Voltage Motor Control Centers 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. Mitsubishi 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. Technical Control Systems
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Tesco Controls
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Larsen & Toubro
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Fuji Electric
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
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