Market Overview:
The global motor control centers market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for energy-efficient and reliable motor control systems 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 motor control centers market can be segmented on the basis of type, application, and region. On the basis of type, it can be divided into low voltage motor control centers (LV MCCs) and medium voltage motor control centers (MV MCCs). The LV MCC segment is projected to grow at a higher CAGR during the forecast period as compared to MV MCC due to its widespread adoption across various industrial applications such as water & wastewater treatment, oil & gas production facilities, food & beverage processing plants, and others. On the basis of application, it can be classified into industrial sector (manufacturing plants), commercial sector (office buildings), and other sectors such as healthcare facilities and educational institutions among others). Among these applications segments, industrial sector is estimated hold a larger share in terms revenue contribution by 2030 end owing high adoption rate across developed countries including UAS., Germany., France.
Product Definition:
Motor control centers (MCC) are panels or boxes that contain the switches, relays and circuit breakers used to control electric motors. MCCs are important because they allow operators to safely and easily start, stop and adjust the speed of electric motors.
Low Voltage Motor Control Centers:
Low voltage motor control centers are used to regulate the speed of electric motors. They are also used for controlling the position of a variable-speed drive system. The low voltage motor control center is integrated with a microcontroller that allows it to monitor and adjust various parameters such as current, torque, power, frequency and so on.
Medium Voltage Motor Control Centers:
The medium voltage motor control centers are used in the market to control and monitor the speed of electric motors. The demand for these products is increasing owing to its features such as compact size, low power consumption, and ability to integrate with other automation systems.
These products have gained popularity due to their ability of controlling multiple devices from a single remote location using IP-based communication technology.
Application Insights:
The industrial segment dominated the global motor control centers market in 2017 and is expected to witness significant growth over the forecast period. The industrial application of MCCs controls a variety of heavy machinery such as electric drives, hydraulic drives, pneumatic drives and other advanced technology motors used for various applications such as material handling, assembly line automation, mining equipment etc. These types of motors are widely used across multiple industries due to their high power density which requires less space than normal electric motors or even medium voltage DC Motors.
The commercial segment is expected to exhibit a higher CAGR during the forecast period owing to increasing demand from end-use industries including healthcare & medical laboratories; data processing centers; educational institutions; government offices; hospitality facilities etc. Commercial buildings require energy efficient HVAC systems along with other technological advancements that can reduce operational costs while improving efficiency and performance.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The region has been witnessing rapid industrialization, which has resulted in an increasing demand for medium and large scale automation projects. Furthermore, rising investments by governments of various countries such as China, India, South Korea are anticipated to boost the growth of industries such as manufacturing and automotive over the next eight years. This is likely to drive regional product demand during the forecast period.
The European market accounted for a significant share owing to early adoption of motor control technologies in several applications across different end-use segments including HVAC & refrigeration equipment; industrial machinery; transportation equipment; water treatment plants etc., Besides this early adoption also led towards higher penetration rates across other regions like North America that contributed significantly towards overall industry revenue share due to high replacement rate along with growing infrastructure activities especially within U.S.
Growth Factors:
- Increasing demand for electric vehicles
- Growing investments in smart grid infrastructure
- Rising need for energy efficiency and conservation
- Proliferation of renewable energy sources
- Development of next-generation motor control technologies
Scope Of The Report
Report Attributes
Report Details
Report Title
Motor Control Centers Market Research Report
By Type
Low Voltage Motor Control Centers, Medium Voltage Motor Control Centers
By Application
Industrial, Commercial, Other
By Companies
Rockwell Automation, Siemens AG, Fuji Electric, ABB Ltd., Eaton Corporation, General Electric, Mitsubishi Electric Corporation, WEG SA, Schneider Electric Sa, Gemco Controls Ltd., Sun-Tech Engineers, Rolla Ltd., Technical Control System 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
242
Number of Tables & Figures
170
Customization Available
Yes, the report can be customized as per your need.
Global Motor Control Centers Market Report Segments:
The global Motor Control Centers market is segmented on the basis of:
Types
Low Voltage Motor Control Centers, Medium Voltage Motor Control Centers
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
Industrial, Commercial, 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:
- Rockwell Automation
- Siemens AG
- Fuji Electric
- ABB Ltd.
- Eaton Corporation
- General Electric
- Mitsubishi Electric Corporation
- WEG SA
- Schneider Electric Sa
- Gemco Controls Ltd.
- Sun-Tech Engineers
- Rolla Ltd.
- Technical Control System Limited
Highlights of The 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:
- Low Voltage Motor Control Centers
- Medium Voltage Motor Control Centers
- By Application:
- Industrial
- Commercial
- 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 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.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
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- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
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?
Motor control centers are located in the brain and spinal cord. They help control movement by sending signals to the muscles.
Some of the major companies in the motor control centers market are Rockwell Automation, Siemens AG, Fuji Electric, ABB Ltd., Eaton Corporation, General Electric, Mitsubishi Electric Corporation, WEG SA, Schneider Electric Sa, Gemco Controls Ltd., Sun-Tech Engineers, Rolla Ltd., Technical Control System Limited.
The 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. 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. 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. Motor Control Centers Market - Supply Chain
4.5. Global Motor Control Centers Market Forecast
4.5.1. Motor Control Centers Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Motor Control Centers Market Size (000 Units) and Y-o-Y Growth
4.5.3. Motor Control Centers Market Absolute $ Opportunity
5. Global 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. Motor Control Centers Market Size and Volume Forecast by Type
5.3.1. Low Voltage Motor Control Centers
5.3.2. Medium Voltage Motor Control Centers
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global 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. Motor Control Centers Market Size and Volume Forecast by Application
6.3.1. Industrial
6.3.2. Commercial
6.3.3. Other
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global 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. 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 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. 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 Motor Control Centers Demand Share Forecast, 2019-2026
9. North America 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 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 Motor Control Centers Market Size and Volume Forecast by Application
9.4.1. Industrial
9.4.2. Commercial
9.4.3. Other
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Motor Control Centers Market Size and Volume Forecast by Type
9.7.1. Low Voltage Motor Control Centers
9.7.2. Medium Voltage Motor Control Centers
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 Motor Control Centers Demand Share Forecast, 2019-2026
10. Latin America 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 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 Motor Control Centers Market Size and Volume Forecast by Application
10.4.1. Industrial
10.4.2. Commercial
10.4.3. Other
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Motor Control Centers Market Size and Volume Forecast by Type
10.7.1. Low Voltage Motor Control Centers
10.7.2. Medium Voltage Motor Control Centers
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 Motor Control Centers Demand Share Forecast, 2019-2026
11. Europe 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 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 Motor Control Centers Market Size and Volume Forecast by Application
11.4.1. Industrial
11.4.2. Commercial
11.4.3. Other
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Motor Control Centers Market Size and Volume Forecast by Type
11.7.1. Low Voltage Motor Control Centers
11.7.2. Medium Voltage Motor Control Centers
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 Motor Control Centers Demand Share, 2019-2026
12. Asia Pacific 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 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 Motor Control Centers Market Size and Volume Forecast by Application
12.4.1. Industrial
12.4.2. Commercial
12.4.3. Other
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Motor Control Centers Market Size and Volume Forecast by Type
12.7.1. Low Voltage Motor Control Centers
12.7.2. Medium Voltage Motor Control Centers
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 Motor Control Centers Demand Share, 2019-2026
13. Middle East & Africa 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 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 Motor Control Centers Market Size and Volume Forecast by Application
13.4.1. Industrial
13.4.2. Commercial
13.4.3. Other
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Motor Control Centers Market Size and Volume Forecast by Type
13.7.1. Low Voltage Motor Control Centers
13.7.2. Medium Voltage Motor Control Centers
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 Motor Control Centers Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Motor Control Centers Market: Market Share Analysis
14.2. Motor Control Centers Distributors and Customers
14.3. Motor Control Centers Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Rockwell Automation
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Siemens AG
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Fuji Electric
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. ABB Ltd.
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Eaton Corporation
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. General Electric
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 Corporation
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. WEG SA
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Schneider Electric Sa
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 Ltd.
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Sun-Tech Engineers
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Rolla Ltd.
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Technical Control System Limited
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
