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PUBLISHER: IMARC | PRODUCT CODE: 1451225
PUBLISHER: IMARC | PRODUCT CODE: 1451225
Motor Control Centers Market Report by Type, Voltage, Component, End-Use Sector, and Region 2024-2032
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PAGES: 140 Pages
DELIVERY TIME: 2-3 business days
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The global motor control centers market size reached US$ 6.2 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 10.0 Billion by 2032, exhibiting a growth rate (CAGR) of 5.3% during 2024-2032.
Motor control centers (MCCs) are enclosed assemblies of centralized systems that control the functioning and regulate the distribution of power to industrial motors. Consisting of several components such as frequency drives, programmable controllers, metering apparatus, busbars and wire-ways inside an integrated panel, they significantly aid in increasing productivity and reducing operating expenses. Furthermore, they can simplify wiring, rearrange units, minimize downtime, reduce repair time and facilitate monitoring of the equipment. Owing to these benefits, MCCs find extensive application across various industry sectors such as oil & gas, metals & mining, utility, chemicals and petrochemicals, etc.
The rising trend of industrial automation, along with increasing power generation capacities is the key factor driving the growth of the market. Initiatives to upgrade the existing power infrastructure to meet the global energy requirement has significantly enhanced the adoption of MCCs across the globe. Furthermore, energy providers are increasingly emphasizing on developing reliable electricity supply and maximize safety in the distribution and transmission networks. The introduction of intelligent MCCs is also contributing to the market growth as they offer real-time monitoring facility, enable predictive maintenance and assist in conducting advanced diagnostics of the electronic systems. Moreover, the adoption of the Internet of Things (IoT)-enabled MCCs have encouraged the vendors to develop advanced control modules and integrate smart devices with medium voltage variants. Other factors, including various technological advancements, implementation of loss detection feature and rapid urbanization, are also projected to drive the market further.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global motor control centers market report, along with forecasts at the global, regional and country level from 2024-2032. Our report has categorized the market based on type, voltage, component and end-use sector.
Breakup by Type:
Conventional
Intelligent
Breakup by Voltage:
Low Voltage
Medium Voltage
Breakup by Component:
Overload Relays
Circuit Breakers & Fuses
Soft Starter
Busbars
Variable Speed Drives
Others
Breakup by End-Use Sector:
Industrial Sector
Commercial Sector
Breakup by Region:
North America
United States
Canada
Asia Pacific
China
Japan
India
South Korea
Australia
Indonesia
Others
Europe
Germany
France
United Kingdom
Italy
Spain
Russia
Others
Latin America
Brazil
Mexico
Argentina
Colombia
Chile
Peru
Others
Middle East and Africa
Turkey
Saudi Arabia
Iran
United Arab Emirates
Others
Competitive Landscape:
The competitive landscape of the industry has also been examined with some of the key players being ABB, Atmel Corporation, Eaton Corporation, Fuji Electric Co., General Electric, Larsen & Toubro, Mitsubishi Electric, Rockwell Automation, Schneider Electric, Siemens AG, TESCO Controls Inc., WEG Industries, etc.
Key Questions Answered in This Report
- 1. What was the global motor control centers market size in 2023?
- 2. What will be the global motor control centers market outlook during the forecast period 2024-2032?
- 3. What are the major global motor control centers market drivers?
- 4. What are the major trends in the global motor control centers market?
- 5. What is the impact of COVID-19 on the global motor control centers market?
- 6. What is the global motor control centers market breakup by type?
- 7. What is the global motor control centers market breakup by voltage?
- 8. What is the global motor control centers market breakup by component?
- 9. What is the global motor control centers market breakup by end-use sector?
- 10. What are the major regional markets in the global motor control centers industry?
- 11. Who are the leading motor control centers industry players?
Product Code: SR112024A1844
Table of Contents
1 Preface
2 Scope and Methodology
- 2.1 Objectives of the Study
- 2.2 Stakeholders
- 2.3 Data Sources
- 2.3.1 Primary Sources
- 2.3.2 Secondary Sources
- 2.4 Market Estimation
- 2.4.1 Bottom-Up Approach
- 2.4.2 Top-Down Approach
- 2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
- 4.1 Overview
- 4.2 Key Industry Trends
5 Global Motor Control Centers Market
- 5.1 Market Overview
- 5.2 Market Performance
- 5.3 Impact of COVID-19
- 5.4 Market Forecast
6 Market Breakup by Type
- 6.1 Conventional
- 6.1.1 Market Trends
- 6.1.2 Market Forecast
- 6.2 Intelligent
- 6.2.1 Market Trends
- 6.2.2 Market Forecast
7 Market Breakup by Voltage
- 7.1 Low Voltage
- 7.1.1 Market Trends
- 7.1.2 Market Forecast
- 7.2 Medium Voltage
- 7.2.1 Market Trends
- 7.2.2 Market Forecast
8 Market Breakup by Component
- 8.1 Overload Relays
- 8.1.1 Market Trends
- 8.1.2 Market Forecast
- 8.2 Circuit Breakers & Fuses
- 8.2.1 Market Trends
- 8.2.2 Market Forecast
- 8.3 Soft Starters
- 8.3.1 Market Trends
- 8.3.2 Market Forecast
- 8.4 Busbars
- 8.4.1 Market Trends
- 8.4.2 Market Forecast
- 8.5 Variable Speed Drives
- 8.5.1 Market Trends
- 8.5.2 Market Forecast
- 8.6 Others
- 8.6.1 Market Trends
- 8.6.2 Market Forecast
9 Market Breakup by End-Use Sector
- 9.1 Industrial Sector
- 9.1.1 Market Trends
- 9.1.2 Market Forecast
- 9.2 Commercial Sector
- 9.2.1 Market Trends
- 9.2.2 Market Forecast
10 Market Breakup by Region
- 10.1 North America
- 10.1.1 United States
- 10.1.1.1 Market Trends
- 10.1.1.2 Market Forecast
- 10.1.2 Canada
- 10.1.2.1 Market Trends
- 10.1.2.2 Market Forecast
- 10.1.1 United States
- 10.2 Asia Pacific
- 10.2.1 China
- 10.2.1.1 Market Trends
- 10.2.1.2 Market Forecast
- 10.2.2 Japan
- 10.2.2.1 Market Trends
- 10.2.2.2 Market Forecast
- 10.2.3 India
- 10.2.3.1 Market Trends
- 10.2.3.2 Market Forecast
- 10.2.4 South Korea
- 10.2.4.1 Market Trends
- 10.2.4.2 Market Forecast
- 10.2.5 Australia
- 10.2.5.1 Market Trends
- 10.2.5.2 Market Forecast
- 10.2.6 Indonesia
- 10.2.6.1 Market Trends
- 10.2.6.2 Market Forecast
- 10.2.7 Others
- 10.2.7.1 Market Trends
- 10.2.7.2 Market Forecast
- 10.2.1 China
- 10.3 Europe
- 10.3.1 Germany
- 10.3.1.1 Market Trends
- 10.3.1.2 Market Forecast
- 10.3.2 France
- 10.3.2.1 Market Trends
- 10.3.2.2 Market Forecast
- 10.3.3 United Kingdom
- 10.3.3.1 Market Trends
- 10.3.3.2 Market Forecast
- 10.3.4 Italy
- 10.3.4.1 Market Trends
- 10.3.4.2 Market Forecast
- 10.3.5 Spain
- 10.3.5.1 Market Trends
- 10.3.5.2 Market Forecast
- 10.3.6 Russia
- 10.3.6.1 Market Trends
- 10.3.6.2 Market Forecast
- 10.3.7 Others
- 10.3.7.1 Market Trends
- 10.3.7.2 Market Forecast
- 10.3.1 Germany
- 10.4 Latin America
- 10.4.1 Brazil
- 10.4.1.1 Market Trends
- 10.4.1.2 Market Forecast
- 10.4.2 Mexico
- 10.4.2.1 Market Trends
- 10.4.2.2 Market Forecast
- 10.4.3 Argentina
- 10.4.3.1 Market Trends
- 10.4.3.2 Market Forecast
- 10.4.4 Colombia
- 10.4.4.1 Market Trends
- 10.4.4.2 Market Forecast
- 10.4.5 Chile
- 10.4.5.1 Market Trends
- 10.4.5.2 Market Forecast
- 10.4.6 Peru
- 10.4.6.1 Market Trends
- 10.4.6.2 Market Forecast
- 10.4.7 Others
- 10.4.7.1 Market Trends
- 10.4.7.2 Market Forecast
- 10.4.1 Brazil
- 10.5 Middle East and Africa
- 10.5.1 Turkey
- 10.5.1.1 Market Trends
- 10.5.1.2 Market Forecast
- 10.5.2 Saudi Arabia
- 10.5.2.1 Market Trends
- 10.5.2.2 Market Forecast
- 10.5.3 Iran
- 10.5.3.1 Market Trends
- 10.5.3.2 Market Forecast
- 10.5.4 United Arab Emirates
- 10.5.4.1 Market Trends
- 10.5.4.2 Market Forecast
- 10.5.5 Others
- 10.5.5.1 Market Trends
- 10.5.5.2 Market Forecast
- 10.5.1 Turkey
11 SWOT Analysis
- 11.1 Overview
- 11.2 Strengths
- 11.3 Weaknesses
- 11.4 Opportunities
- 11.5 Threats
12 Value Chain Analysis
13 Porters Five Forces Analysis
- 13.1 Overview
- 13.2 Bargaining Power of Buyers
- 13.3 Bargaining Power of Suppliers
- 13.4 Degree of Competition
- 13.5 Threat of New Entrants
- 13.6 Threat of Substitutes
14 Competitive Landscape
- 14.1 Market Structure
- 14.2 Key Players
- 14.3 Profiles of Key Players
- 14.3.1 ABB
- 14.3.1.1 Company Overview
- 14.3.1.2 Product Portfolio
- 14.3.2 Atmel Corporation
- 14.3.2.1 Company Overview
- 14.3.2.2 Product Portfolio
- 14.3.3 Eaton Corporation
- 14.3.3.1 Company Overview
- 14.3.3.2 Product Portfolio
- 14.3.3.3 Financials
- 14.3.3.4 SWOT Analysis
- 14.3.4 Fuji Electric Co.
- 14.3.4.1 Company Overview
- 14.3.4.2 Product Portfolio
- 14.3.4.3 Financials
- 14.3.4.4 SWOT Analysis
- 14.3.5 General Electric
- 14.3.5.1 Company Overview
- 14.3.5.2 Product Portfolio
- 14.3.5.3 Financials
- 14.3.5.4 SWOT Analysis
- 14.3.6 Larsen & Toubro
- 14.3.6.1 Company Overview
- 14.3.6.2 Product Portfolio
- 14.3.6.3 Financials
- 14.3.6.4 SWOT Analysis
- 14.3.7 Mitsubishi Electric
- 14.3.7.1 Company Overview
- 14.3.7.2 Product Portfolio
- 14.3.7.3 Financials
- 14.3.7.4 SWOT Analysis
- 14.3.8 Rockwell Automation
- 14.3.8.1 Company Overview
- 14.3.8.2 Product Portfolio
- 14.3.8.3 Financials
- 14.3.8.4 SWOT Analysis
- 14.3.9 Schneider Electric
- 14.3.9.1 Company Overview
- 14.3.9.2 Product Portfolio
- 14.3.10 Siemens AG
- 14.3.10.1 Company Overview
- 14.3.10.2 Product Portfolio
- 14.3.10.3 Financials
- 14.3.10.4 SWOT Analysis
- 14.3.11 TESCO Controls Inc.
- 14.3.11.1 Company Overview
- 14.3.11.2 Product Portfolio
- 14.3.12 WEG Industries
- 14.3.12.1 Company Overview
- 14.3.12.2 Product Portfolio
- 14.3.1 ABB
Product Code: SR112024A1844
List of Figures
- Figure 1: Global: Motor Control Centers Market: Major Drivers and Challenges
- Figure 2: Global: Motor Control Centers Market: Sales Value (in Billion US$), 2018-2023
- Figure 3: Global: Motor Control Centers Market: Breakup by Type (in %), 2023
- Figure 4: Global: Motor Control Centers Market: Breakup by Voltage (in %), 2023
- Figure 5: Global: Motor Control Centers Market: Breakup by Component (in %), 2023
- Figure 6: Global: Motor Control Centers Market: Breakup by End-Use Sector (in %), 2023
- Figure 7: Global: Motor Control Centers Market: Breakup by Region (in %), 2023
- Figure 8: Global: Motor Control Centers Market Forecast: Sales Value (in Billion US$), 2024-2032
- Figure 9: Global: Motor Control Centers (Conventional) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 10: Global: Motor Control Centers (Conventional) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 11: Global: Motor Control Centers (Intelligent) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 12: Global: Motor Control Centers (Intelligent) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 13: Global: Motor Control Centers (Low Voltage) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 14: Global: Motor Control Centers (Low Voltage) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 15: Global: Motor Control Centers (Medium Voltage) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 16: Global: Motor Control Centers (Medium Voltage) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 17: Global: Motor Control Centers (Overload Relays) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 18: Global: Motor Control Centers (Overload Relays) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 19: Global: Motor Control Centers (Circuit Breakers & Fuses) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 20: Global: Motor Control Centers (Circuit Breakers & Fuses) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 21: Global: Motor Control Centers (Soft Starters) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 22: Global: Motor Control Centers (Soft Starters) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 23: Global: Motor Control Centers (Busbars) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 24: Global: Motor Control Centers (Busbars) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 25: Global: Motor Control Centers (Variable Speed Drives) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 26: Global: Motor Control Centers (Variable Speed Drives) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 27: Global: Motor Control Centers (Other Components) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 28: Global: Motor Control Centers (Other Components) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 29: Global: Motor Control Centers (Industrial Sector) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 30: Global: Motor Control Centers (Industrial Sector) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 31: Global: Motor Control Centers (Commercial Sector) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 32: Global: Motor Control Centers (Commercial Sector) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 33: North America: Motor Control Centers Market: Sales Value (in Million US$), 2018 & 2023
- Figure 34: North America: Motor Control Centers Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 35: United States: Motor Control Centers Market: Sales Value (in Million US$), 2018 & 2023
- Figure 36: United States: Motor Control Centers Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 37: Canada: Motor Control Centers Market: Sales Value (in Million US$), 2018 & 2023
- Figure 38: Canada: Motor Control Centers Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 39: Asia Pacific: Motor Control Centers Market: Sales Value (in Million US$), 2018 & 2023
- Figure 40: Asia Pacific: Motor Control Centers Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 41: China: Motor Control Centers Market: Sales Value (in Million US$), 2018 & 2023
- Figure 42: China: Motor Control Centers Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 43: Japan: Motor Control Centers Market: Sales Value (in Million US$), 2018 & 2023
- Figure 44: Japan: Motor Control Centers Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 45: India: Motor Control Centers Market: Sales Value (in Million US$), 2018 & 2023
- Figure 46: India: Motor Control Centers Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 47: South Korea: Motor Control Centers Market: Sales Value (in Million US$), 2018 & 2023
- Figure 48: South Korea: Motor Control Centers Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 49: Australia: Motor Control Centers Market: Sales Value (in Million US$), 2018 & 2023
- Figure 50: Australia: Motor Control Centers Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 51: Indonesia: Motor Control Centers Market: Sales Value (in Million US$), 2018 & 2023
- Figure 52: Indonesia: Motor Control Centers Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 53: Others: Motor Control Centers Market: Sales Value (in Million US$), 2018 & 2023
- Figure 54: Others: Motor Control Centers Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 55: Europe: Motor Control Centers Market: Sales Value (in Million US$), 2018 & 2023
- Figure 56: Europe: Motor Control Centers Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 57: Germany: Motor Control Centers Market: Sales Value (in Million US$), 2018 & 2023
- Figure 58: Germany: Motor Control Centers Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 59: France: Motor Control Centers Market: Sales Value (in Million US$), 2018 & 2023
- Figure 60: France: Motor Control Centers Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 61: United Kingdom: Motor Control Centers Market: Sales Value (in Million US$), 2018 & 2023
- Figure 62: United Kingdom: Motor Control Centers Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 63: Italy: Motor Control Centers Market: Sales Value (in Million US$), 2018 & 2023
- Figure 64: Italy: Motor Control Centers Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 65: Spain: Motor Control Centers Market: Sales Value (in Million US$), 2018 & 2023
- Figure 66: Spain: Motor Control Centers Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 67: Russia: Motor Control Centers Market: Sales Value (in Million US$), 2018 & 2023
- Figure 68: Russia: Motor Control Centers Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 69: Others: Motor Control Centers Market: Sales Value (in Million US$), 2018 & 2023
- Figure 70: Others: Motor Control Centers Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 71: Latin America: Motor Control Centers Market: Sales Value (in Million US$), 2018 & 2023
- Figure 72: Latin America: Motor Control Centers Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 73: Brazil: Motor Control Centers Market: Sales Value (in Million US$), 2018 & 2023
- Figure 74: Brazil: Motor Control Centers Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 75: Mexico: Motor Control Centers Market: Sales Value (in Million US$), 2018 & 2023
- Figure 76: Mexico: Motor Control Centers Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 77: Argentina: Motor Control Centers Market: Sales Value (in Million US$), 2018 & 2023
- Figure 78: Argentina: Motor Control Centers Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 79: Colombia: Motor Control Centers Market: Sales Value (in Million US$), 2018 & 2023
- Figure 80: Colombia: Motor Control Centers Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 81: Chile: Motor Control Centers Market: Sales Value (in Million US$), 2018 & 2023
- Figure 82: Chile: Motor Control Centers Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 83: Peru: Motor Control Centers Market: Sales Value (in Million US$), 2018 & 2023
- Figure 84: Peru: Motor Control Centers Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 85: Others: Motor Control Centers Market: Sales Value (in Million US$), 2018 & 2023
- Figure 86: Others: Motor Control Centers Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 87: Middle East and Africa: Motor Control Centers Market: Sales Value (in Million US$), 2018 & 2023
- Figure 88: Middle East and Africa: Motor Control Centers Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 89: Turkey: Motor Control Centers Market: Sales Value (in Million US$), 2018 & 2023
- Figure 90: Turkey: Motor Control Centers Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 91: Saudi Arabia: Motor Control Centers Market: Sales Value (in Million US$), 2018 & 2023
- Figure 92: Saudi Arabia: Motor Control Centers Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 93: Iran: Motor Control Centers Market: Sales Value (in Million US$), 2018 & 2023
- Figure 94: Iran: Motor Control Centers Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 95: United Arab Emirates: Motor Control Centers Market: Sales Value (in Million US$), 2018 & 2023
- Figure 96: United Arab Emirates: Motor Control Centers Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 97: Others: Motor Control Centers Market: Sales Value (in Million US$), 2018 & 2023
- Figure 98: Others: Motor Control Centers Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 99: Global: Motor Control Centers Industry: SWOT Analysis
- Figure 100: Global: Motor Control Centers Industry: Value Chain Analysis
- Figure 101: Global: Motor Control Centers Industry: Porter's Five Forces Analysis
List of Tables
- Table 1: Global: Motor Control Centers Market: Key Industry Highlights, 2023 and 2032
- Table 2: Global: Motor Control Centers Market Forecast: Breakup by Type (in Million US$), 2024-2032
- Table 3: Global: Motor Control Centers Market Forecast: Breakup by Voltage (in Million US$), 2024-2032
- Table 4: Global: Motor Control Centers Market Forecast: Breakup by Component (in Million US$), 2024-2032
- Table 5: Global: Motor Control Centers Market Forecast: Breakup by End-Use Sector (in Million US$), 2024-2032
- Table 6: Global: Motor Control Centers Market Forecast: Breakup by Region (in Million US$), 2024-2032
- Table 7: Global: Motor Control Centers Market: Competitive Structure
- Table 8: Global: Motor Control Centers Market: Key Players
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