Global Intelligent Motor Controller Market Size study & Forecast, by Motor Type, by Voltage, by Application, by End User and Regional Analysis, 2023-2030

Description

List of Tables

Global Intelligent Motor Controller Market is valued at approximately USD 665.03 Million in 2022 and is anticipated to grow with a healthy growth rate of more than 5.5% during the forecast period 2023-2030. An Intelligent Motor Controller (IMC) is a sophisticated electronic device designed to manage and control the operation of electric motors in various industrial and commercial applications. Unlike traditional motor controllers, which typically provide basic functions such as starting, stopping, and speed regulation, an IMC integrates advanced technologies and features to enhance efficiency, performance, and reliability. Intelligent Motor Controllers often incorporate microprocessors, sensors, and communication interfaces, allowing them to gather real-time data about motor conditions, power consumption, and environmental factors. This data is then analyzed to optimize motor performance, reduce energy consumption, and predict potential issues before they lead to failures. The Intelligent Motor Controller Market is expanding because of factors such as high demand and adoption of industrial automation, rising demand for smart and multifunctional devices and rising adoption of industrial IoT.

The rising adoption of the Industrial Internet of Things (IIoT) is a significant driver for the growth of the Intelligent Motor Controller (IMC) Market. As industries increasingly embrace the concept of Industry 4.0 and deploy IIoT solutions, the demand for intelligent motor control systems has surged. Intelligent Motor Controllers play a pivotal role in this scenario by seamlessly integrating into IIoT ecosystems, allowing for enhanced connectivity, data exchange, and real-time monitoring of motorized systems. The Statista report also states that the global Industrial Internet of Things (IIoT) Market size in the year 2021 stood at USD 263.52 billion which increased to USD 323.62 billion in the year 2022 and it is projected to reach USD 1110 billion by the year 2028. This rising market share is resulting in market growth. In addition, the growing adoption of electric vehicles and technological advancements are some factors creating new opportunities for market growth. However, the high cost of components of intelligent motor controllers stifles market growth throughout the forecast period of 2023-2030.

The key regions considered for the Global Intelligent Motor Controller Market study includes Asia Pacific, North America, Europe, Latin America, and Middle East & Africa. North America dominated the market in 2022. The widespread increase in smart device demand and installation in this region is driven by the growing technological advancements among end-users. North America, known for its rapid adoption of the latest technologies, is experiencing a significant surge in the use of Intelligent Motor Controllers (IMCs) across various end-user industries. Consequently, this heightened adoption is poised to fuel significant growth in the North American region throughout the forecast period. Asia Pacific is expected to grow at the fastest rate over the forecast period, The Asia Pacific region is witnessing substantial growth in its power generation and wastewater management sectors, coupled with a swift integration of automation in various industrial segments. The escalating demand for smart devices, driven by their cost-cutting benefits and enhanced operational efficiency, is a prominent trend. Moreover, there is rise in the installation of smart motors, contributing to the increased utilization of Intelligent Motor Controllers (IMCs). Consequently, these factors collectively propel the growth of the Intelligent Motor Controller Market in the Asia Pacific region throughout the forecast period.

Major market player included in this report are:

General Electric
Mitsubishi Electric Corporation
Siemens AG
ABB
Larsen & Toubro Ltd
Schneider Electric
Lsis Co. Ltd.
Rockwell Automation
NXP Semiconductors
Fairford Electronics

Recent Developments in the Market:

In November 2022, Rockwell Automation revealed its acquisition of CUBIC, a firm specializing in the development of modular systems for constructing electrical panels. This strategic acquisition is anticipated to bolster Rockwell's already dominant portfolio of intelligent motor control technologies, reinforcing its position in the market.
In July 2022, Collins Aerospace successfully concluded the preliminary design review for Pratt and Whitney Canada's regional hybrid-electric flight demonstrator, featuring a 1-megawatt electric motor and motor controller. The next phase involves scheduled flight testing in Montreal, set to commence in 2024.

Global Intelligent Motor Controller Market Report Scope:

Historical Data - 2020 - 2021
Base Year for Estimation - 2022
Forecast period - 2023-2030
Report Coverage - Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
Segments Covered - Motor Type, Voltage, Application, End User, Region
Regional Scope - North America; Europe; Asia Pacific; Latin America; Middle East & Africa
Customization Scope - Free report customization (equivalent up to 8 analyst's working hours) with purchase. Addition or alteration to country, regional & segment scope*

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.

The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Motor Type:

AC
DC
Others

By Voltage:

Low
Medium

By Application:

Pumps
Fans
Compressors
Others

By End-user:

Oil & Gas
Power Generation
Water & Wastewater
Others

By Region:

North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Middle East & Africa
Saudi Arabia
South Africa
Rest of Middle East & Africa

Chapter 1.Executive Summary

1.1.Market Snapshot
1.2.Global & Segmental Market Estimates & Forecasts, 2020-2030 (USD Million)
- 1.2.1.Intelligent Motor Controller Market, by Region, 2020-2030 (USD Million)
- 1.2.2.Intelligent Motor Controller Market, by Motor Type, 2020-2030 (USD Million)
- 1.2.3.Intelligent Motor Controller Market, by Voltage, 2020-2030 (USD Million)
- 1.2.4.Intelligent Motor Controller Market, by Application, 2020-2030 (USD Million)
- 1.2.5.Intelligent Motor Controller Market, by End User, 2020-2030 (USD Million)
1.3.Key Trends
1.4.Estimation Methodology
1.5.Research Assumption

Chapter 2.Global Intelligent Motor Controller Market Definition and Scope

2.1.Objective of the Study
2.2.Market Definition & Scope
- 2.2.1.Industry Evolution
- 2.2.2.Scope of the Study
2.3.Years Considered for the Study
2.4.Currency Conversion Rates

Chapter 3.Global Intelligent Motor Controller Market Dynamics

3.1.Intelligent Motor Controller Market Impact Analysis (2020-2030)
- 3.1.1.Market Drivers
  - 3.1.1.1.High demand and adoption of industrial automation
  - 3.1.1.2.Rising demand for smart and multifunctional device
  - 3.1.1.3.Rising adoption of industrial IoT
- 3.1.2.Market Challenges
  - 3.1.2.1.High cost of components of intelligent motor controller
- 3.1.3.Market Opportunities
  - 3.1.3.1.Growing adoption of electric vehicles
  - 3.1.3.2.Technological advancements
  - 3.1.3.3.

Chapter 4.Global Intelligent Motor Controller Market Industry Analysis

4.1.Porter's 5 Force Model
- 4.1.1.Bargaining Power of Suppliers
- 4.1.2.Bargaining Power of Buyers
- 4.1.3.Threat of New Entrants
- 4.1.4.Threat of Substitutes
- 4.1.5.Competitive Rivalry
4.2.Porter's 5 Force Impact Analysis
4.3.PEST Analysis
- 4.3.1.Political
- 4.3.2.Economical
- 4.3.3.Social
- 4.3.4.Technological
- 4.3.5.Environmental
- 4.3.6.Legal
4.4.Top investment opportunity
4.5.Top winning strategies
4.6.COVID-19 Impact Analysis
4.7.Disruptive Trends
4.8.Industry Expert Perspective
4.9.Analyst Recommendation & Conclusion

Chapter 5.Global Intelligent Motor Controller Market, by Motor Type

5.1.Market Snapshot
5.2.Global Intelligent Motor Controller Market by Motor Type, Performance - Potential Analysis
5.3.Global Intelligent Motor Controller Market Estimates & Forecasts by Motor Type 2020-2030 (USD Million)
5.4.Intelligent Motor Controller Market, Sub Segment Analysis
- 5.4.1. AC
- 5.4.2. DC
- 5.4.3. Others

Chapter 6.Global Intelligent Motor Controller Market, by Voltage

6.1.Market Snapshot
6.2.Global Intelligent Motor Controller Market by Voltage, Performance - Potential Analysis
6.3.Global Intelligent Motor Controller Market Estimates & Forecasts by Voltage 2020-2030 (USD Million)
6.4.Intelligent Motor Controller Market, Sub Segment Analysis
- 6.4.1. Low
- 6.4.2.Medium

Chapter 7.Global Intelligent Motor Controller Market, by Application

7.1.Market Snapshot
7.2.Global Intelligent Motor Controller Market by Application, Performance - Potential Analysis
7.3.Global Intelligent Motor Controller Market Estimates & Forecasts by Application 2020-2030 (USD Million)
7.4.Intelligent Motor Controller Market, Sub Segment Analysis
- 7.4.1. Pumps
- 7.4.2. Fans
- 7.4.3. Compressors
- 7.4.4. Others

Chapter 8.Global Intelligent Motor Controller Market, by End User

8.1.Market Snapshot
8.2.Global Intelligent Motor Controller Market by End User, Performance - Potential Analysis
8.3.Global Intelligent Motor Controller Market Estimates & Forecasts by End User 2020-2030 (USD Million)
8.4.Intelligent Motor Controller Market, Sub Segment Analysis
- 8.4.1. Oil & Gas
- 8.4.2.Power Generation
- 8.4.3.Water & Wastewater
- 8.4.4.Others

Chapter 9.Global Intelligent Motor Controller Market, Regional Analysis

9.1.Top Leading Countries
9.2.Top Emerging Countries
9.3.Intelligent Motor Controller Market, Regional Market Snapshot
9.4.North America Intelligent Motor Controller Market
- 9.4.1.U.S. Intelligent Motor Controller Market
  - 9.4.1.1.Motor Type breakdown estimates & forecasts, 2020-2030
  - 9.4.1.2.Voltage breakdown estimates & forecasts, 2020-2030
  - 9.4.1.3.Application breakdown estimates & forecasts, 2020-2030
  - 9.4.1.4.End User breakdown estimates & forecasts, 2020-2030
- 9.4.2.Canada Intelligent Motor Controller Market
9.5.Europe Intelligent Motor Controller Market Snapshot
- 9.5.1.U.K. Intelligent Motor Controller Market
- 9.5.2.Germany Intelligent Motor Controller Market
- 9.5.3.France Intelligent Motor Controller Market
- 9.5.4.Spain Intelligent Motor Controller Market
- 9.5.5.Italy Intelligent Motor Controller Market
- 9.5.6.Rest of Europe Intelligent Motor Controller Market
9.6.Asia-Pacific Intelligent Motor Controller Market Snapshot
- 9.6.1.China Intelligent Motor Controller Market
- 9.6.2.India Intelligent Motor Controller Market
- 9.6.3.Japan Intelligent Motor Controller Market
- 9.6.4.Australia Intelligent Motor Controller Market
- 9.6.5.South Korea Intelligent Motor Controller Market
- 9.6.6.Rest of Asia Pacific Intelligent Motor Controller Market
9.7.Latin America Intelligent Motor Controller Market Snapshot
- 9.7.1.Brazil Intelligent Motor Controller Market
- 9.7.2.Mexico Intelligent Motor Controller Market
9.8.Middle East & Africa Intelligent Motor Controller Market
- 9.8.1.Saudi Arabia Intelligent Motor Controller Market
- 9.8.2.South Africa Intelligent Motor Controller Market
- 9.8.3.Rest of Middle East & Africa Intelligent Motor Controller Market

Chapter 10.Competitive Intelligence

10.1.Key Company SWOT Analysis
10.2.Top Market Strategies
10.3.Company Profiles
- 10.3.1. General Electric
  - 10.3.1.1.Key Information
  - 10.3.1.2.Overview
  - 10.3.1.3.Financial (Subject to Data Availability)
  - 10.3.1.4.Product Summary
  - 10.3.1.5.Recent Developments
- 10.3.2.Mitsubishi Electric Corporation
- 10.3.3.Siemens AG
- 10.3.4.ABB
- 10.3.5.Larsen & Toubro Ltd
- 10.3.6.Schneider Electric
- 10.3.7.Lsis Co. Ltd.
- 10.3.8.Rockwell Automation
- 10.3.9.NXP Semiconductors
- 10.3.10.Fairford Electronics

Chapter 11.Research Process

11.1.Research Process
- 11.1.1.Data Mining
- 11.1.2.Analysis
- 11.1.3.Market Estimation
- 11.1.4.Validation
- 11.1.5.Publishing
11.2.Research Attributes
11.3.Research Assumption

LIST OF TABLES

TABLE 1.Global Intelligent Motor Controller Market, report scope
TABLE 2.Global Intelligent Motor Controller Market estimates & forecasts by Region 2020-2030 (USD Million)
TABLE 3.Global Intelligent Motor Controller Market estimates & forecasts by Motor Type 2020-2030 (USD Million)
TABLE 4.Global Intelligent Motor Controller Market estimates & forecasts by Voltage 2020-2030 (USD Million)
TABLE 5.Global Intelligent Motor Controller Market estimates & forecasts by Application 2020-2030 (USD Million)
TABLE 6.Global Intelligent Motor Controller Market estimates & forecasts by End User 2020-2030 (USD Million)
TABLE 7.Global Intelligent Motor Controller Market by segment, estimates & forecasts, 2020-2030 (USD Million)
TABLE 8.Global Intelligent Motor Controller Market by region, estimates & forecasts, 2020-2030 (USD Million)
TABLE 9.Global Intelligent Motor Controller Market by segment, estimates & forecasts, 2020-2030 (USD Million)
TABLE 10.Global Intelligent Motor Controller Market by region, estimates & forecasts, 2020-2030 (USD Million)
TABLE 11.Global Intelligent Motor Controller Market by segment, estimates & forecasts, 2020-2030 (USD Million)
TABLE 12.Global Intelligent Motor Controller Market by region, estimates & forecasts, 2020-2030 (USD Million)
TABLE 13.Global Intelligent Motor Controller Market by segment, estimates & forecasts, 2020-2030 (USD Million)
TABLE 14.Global Intelligent Motor Controller Market by region, estimates & forecasts, 2020-2030 (USD Million)
TABLE 15.Global Intelligent Motor Controller Market by segment, estimates & forecasts, 2020-2030 (USD Million)
TABLE 16.Global Intelligent Motor Controller Market by region, estimates & forecasts, 2020-2030 (USD Million)
TABLE 17.U.S. Intelligent Motor Controller Market estimates & forecasts, 2020-2030 (USD Million)
TABLE 18.U.S. Intelligent Motor Controller Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 19.U.S. Intelligent Motor Controller Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 20.Canada Intelligent Motor Controller Market estimates & forecasts, 2020-2030 (USD Million)
TABLE 21.Canada Intelligent Motor Controller Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 22.Canada Intelligent Motor Controller Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 23.UK Intelligent Motor Controller Market estimates & forecasts, 2020-2030 (USD Million)
TABLE 24.UK Intelligent Motor Controller Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 25.UK Intelligent Motor Controller Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 26.Germany Intelligent Motor Controller Market estimates & forecasts, 2020-2030 (USD Million)
TABLE 27.Germany Intelligent Motor Controller Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 28.Germany Intelligent Motor Controller Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 29.France Intelligent Motor Controller Market estimates & forecasts, 2020-2030 (USD Million)
TABLE 30.France Intelligent Motor Controller Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 31.France Intelligent Motor Controller Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 32.Italy Intelligent Motor Controller Market estimates & forecasts, 2020-2030 (USD Million)
TABLE 33.Italy Intelligent Motor Controller Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 34.Italy Intelligent Motor Controller Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 35.Spain Intelligent Motor Controller Market estimates & forecasts, 2020-2030 (USD Million)
TABLE 36.Spain Intelligent Motor Controller Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 37.Spain Intelligent Motor Controller Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 38.RoE Intelligent Motor Controller Market estimates & forecasts, 2020-2030 (USD Million)
TABLE 39.RoE Intelligent Motor Controller Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 40.RoE Intelligent Motor Controller Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 41.China Intelligent Motor Controller Market estimates & forecasts, 2020-2030 (USD Million)
TABLE 42.China Intelligent Motor Controller Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 43.China Intelligent Motor Controller Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 44.India Intelligent Motor Controller Market estimates & forecasts, 2020-2030 (USD Million)
TABLE 45.India Intelligent Motor Controller Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 46.India Intelligent Motor Controller Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 47.Japan Intelligent Motor Controller Market estimates & forecasts, 2020-2030 (USD Million)
TABLE 48.Japan Intelligent Motor Controller Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 49.Japan Intelligent Motor Controller Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 50.South Korea Intelligent Motor Controller Market estimates & forecasts, 2020-2030 (USD Million)
TABLE 51.South Korea Intelligent Motor Controller Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 52.South Korea Intelligent Motor Controller Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 53.Australia Intelligent Motor Controller Market estimates & forecasts, 2020-2030 (USD Million)
TABLE 54.Australia Intelligent Motor Controller Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 55.Australia Intelligent Motor Controller Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 56.RoAPAC Intelligent Motor Controller Market estimates & forecasts, 2020-2030 (USD Million)
TABLE 57.RoAPAC Intelligent Motor Controller Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 58.RoAPAC Intelligent Motor Controller Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 59.Brazil Intelligent Motor Controller Market estimates & forecasts, 2020-2030 (USD Million)
TABLE 60.Brazil Intelligent Motor Controller Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 61.Brazil Intelligent Motor Controller Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 62.Mexico Intelligent Motor Controller Market estimates & forecasts, 2020-2030 (USD Million)
TABLE 63.Mexico Intelligent Motor Controller Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 64.Mexico Intelligent Motor Controller Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 65.RoLA Intelligent Motor Controller Market estimates & forecasts, 2020-2030 (USD Million)
TABLE 66.RoLA Intelligent Motor Controller Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 67.RoLA Intelligent Motor Controller Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 68.Saudi Arabia Intelligent Motor Controller Market estimates & forecasts, 2020-2030 (USD Million)
TABLE 69.South Africa Intelligent Motor Controller Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 70.RoMEA Intelligent Motor Controller Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 71.List of secondary sources, used in the study of global Intelligent Motor Controller Market
TABLE 72.List of primary sources, used in the study of global Intelligent Motor Controller Market
TABLE 73.Years considered for the study
TABLE 74.Exchange rates considered

List of tables and figures and dummy in nature, final lists may vary in the final deliverable

LIST OF FIGURES

FIG 1.Global Intelligent Motor Controller Market, research methodology
FIG 2.Global Intelligent Motor Controller Market, Market estimation techniques
FIG 3.Global Market size estimates & forecast methods
FIG 4.Global Intelligent Motor Controller Market, key trends 2022
FIG 5.Global Intelligent Motor Controller Market, growth prospects 2023-2030
FIG 6.Global Intelligent Motor Controller Market, porters 5 force model
FIG 7.Global Intelligent Motor Controller Market, pest analysis
FIG 8.Global Intelligent Motor Controller Market, value chain analysis
FIG 9.Global Intelligent Motor Controller Market by segment, 2020 & 2030 (USD Million)
FIG 10.Global Intelligent Motor Controller Market by segment, 2020 & 2030 (USD Million)
FIG 11.Global Intelligent Motor Controller Market by segment, 2020 & 2030 (USD Million)
FIG 12.Global Intelligent Motor Controller Market by segment, 2020 & 2030 (USD Million)
FIG 13.Global Intelligent Motor Controller Market by segment, 2020 & 2030 (USD Million)
FIG 14.Global Intelligent Motor Controller Market, regional snapshot 2020 & 2030
FIG 15.North America Intelligent Motor Controller Market 2020 & 2030 (USD Million)
FIG 16.Europe Intelligent Motor Controller Market 2020 & 2030 (USD Million)
FIG 17.Asia pacific Intelligent Motor Controller Market 2020 & 2030 (USD Million)
FIG 18.Latin America Intelligent Motor Controller Market 2020 & 2030 (USD Million)
FIG 19.Middle East & Africa Intelligent Motor Controller Market 2020 & 2030 (USD Million)