Global Motor Control Centers Market to grow at a CAGR of 5.78 % during the period 2018 - 2022; Finds New Report

Report forecast the global motor control centers market to grow at a CAGR of 5.78 % during the period 2018-2022.

A motor control center (MCC) is a centralized system where all the combination starters are assembled together and are connected by a common source power bus. MCCs are primarily used to control the distribution of power to electrical motors.

The report covers the present scenario and the growth prospects of the global motor control centers market for 2018-2022. To calculate the market size, the report considers the revenue generated from the sales of motor control centers.

The market is divided into the following segments based on geography:

• Americas
• APAC
• EMEA

According to the report, one of the major drivers for this market is Increasing adoption of iMCCs. The end-user industries worldwide are increasingly opting for iMCCs. The iMCCs are anticipated to replace traditional MCCs during the forecast period, owing to the following benefits: Optimized cabling approach is used, wherein the outdated inter-wiring is swapped with a single open device-level network cable.

Further, the report states that one of the major factors hindering the growth of this market is High complexity involved in the maintenance of MCCs. Various components, such as breakers, contractors, and control for power transmission, are used by MCCs to start and stop the motors. In addition, MCCs control the forward and reverse rotations; regulation and limitation of torque; regulation of speed; and safeguarding against overloading or unbalanced voltages. A single MCC controls about 25-40 motors, and plays a vital role in the performance of several functions of those motors, due to which an MCC undergoes a lot of stress and is prone to wear and tear.

Global Motor Control Centers Market 2018-2022, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

key players in the global motor control centers market: ABB, Eaton, General Electric, Rockwell Automation, Schneider Electric, and Siemens

Market driver

• Increasing adoption of iMCCs
• For a full, detailed list, view our report

Market challenge

• High complexity involved in the maintenance of MCCs
• For a full, detailed list, view our report

Market trend

• Rising technological developments in MCCs
• For a full, detailed list, view our report

Key questions answered in this report

• What will the market size be in 2022 and what will the growth rate be?
• What are the key market trends?
• What is driving this market?
• What are the challenges to market growth?
• Who are the key vendors in this market space?

Spanning over 131 pages “Global Motor Control Centers Market 2018 - 2022” report covers Executive summary, Introduction, Scope of the report, Research Methodology, Market landscape, Market Sizing, Five Forces Analysis, Market Segmentation By Application, Market Segmentation By Product, Customer Landscape, Market Segmentation By End-User, Regional Landscape, Decision Framework, Drivers And Challenges, Market Trends, Vendor Landscape, Vendor Analysis, Appendix.

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For related reports please visit: Motor Control Center Market Research Reports

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