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Global Intelligent Motor Control Center Market Expected to Grow with a CAGR of 7.4% During the Forecast Period, 2018-2026 - ResearchAndMarkets.com


The "Global Intelligent Motor Control Center Market Analysis 2019" report has been added to ResearchAndMarkets.com's offering.

The Global Intelligent Motor Control market is expected to reach $1341.3 million by 2026 growing at a CAGR of 7.4% during 2018 to 2026.

Intelligent Motor Control Systems (MCC's) are a combination of new communication capabilities of structural design with intelligent motor control devices which help to design single solution that in turn helps them to control, protect assets and communicate. This helps in reducing costs, information technologies, and visualization and helps enterprises to reuse the engineering designs and respond more quickly to market demands.

Factors such as rise in focus on developing an efficient manufacturing/production processes and increasing level of industrial automation are driving the market growth. Though, rising labor costs and a highly competitive market lead to a low-profit margin for companies and increase in the use of switchgears in medium-voltage segment is projected to inhibit the growth of the market.

By end user, water & wastewater segment acquired significant growth in the market due to growing urbanization and pressure on efficient use of existing water resources and reuse have led to growing investments in the water & wastewater industry across the globe.

Key Questions Answered in this Report:

  • How this market evolved since the year 2016
  • Market size estimations, forecasts and CAGR for all the segments presented in the scope
  • Key Market Developments and financials of the key players
  • Opportunity Analysis for the new entrants
  • SWOT Analysis of the key players
  • Fastest growing markets analysed during the forecast period

Key Topics Covered:

1 Market Synopsis

2 Research Outline

2.1 Research Snapshot

2.2 Research Methodology

2.3 Research Sources

2.3.1 Primary Research Sources

2.3.2 Secondary Research Sources

3 Market Dynamics

3.1 Drivers

3.2 Restraints

4 Market Environment

4.1 Bargaining power of suppliers

4.2 Bargaining power of buyers

4.3 Threat of substitutes

4.4 Threat of new entrants

4.5 Competitive rivalry

5 Global Intelligent Motor Control Center Market, By Standard

5.1 Introduction

5.2 Electro-Technical Commission (IEC)

5.3 National Electrical Manufactures Association (NEMA)

5.4 Other Standards

6 Global Intelligent Motor Control Center Market, By Operating Voltage

6.1 Introduction

6.2 High-voltage Intelligent MCCs

6.3 Medium-voltage Intelligent MCCs

6.4 Low-voltage Intelligent MCCs

7 Global Intelligent Motor Control Center Market, By Sales Channel

7.1 Introduction

7.2 Direct Channel

7.3 Distribution Channel

8 Global Intelligent Motor Control Center Market, By Key Components

8.1 Introduction

8.2 Starters & Over Load Relays

8.3 Soft Starters

8.4 Contactor Relays

8.5 Network Components

8.6 Software

8.7 Variable frequency drives

8.8 Solid state components

8.9 Visualization Systems

8.10 Other Key Components

9 Global Intelligent Motor Control Center Market, By Application

9.1 Introduction

9.2 Low Voltage Motor Control Centers

9.3 Integrated Process & Electrical Control

10 Global Intelligent Motor Control Center Market, By End User

10.1 Introduction

10.2 Semiconductor/Electronic Manufacturing

10.3 Water & Waste water

10.4 Power Generation

10.5 Pulp and Paper

10.6 Food & Beverage

10.7 Petrochemicals

10.8 Cement Manufacturing Industry

10.9 Automotive, Ship Building & Transport

10.10 Pharmaceutical

10.11 Chemicals

10.12 Oil & Gas

10.13 Mining & Metals

10.14 Other End-Users

11 Global Intelligent Motor Control Center Market, By Geography

11.1 Introduction

11.2 North America

11.3 Europe

11.4 Asia Pacific

11.5 South America

11.6 Middle East & Africa

12 Strategic Benchmarking

13 Vendors Landscape

13.1 Siemens AG

13.2 Gemco Controls

13.3 Larsen & Toubro Limited

13.4 Pima Controls

13.5 Rockwell Automation Inc.

13.6 Schneider Electric SE

13.7 Hyosung Corporation

13.8 Vidhyut Control India

13.9 General Electric Co.

13.10 ABB Limited

13.11 Fuji Electric

13.12 Togami Electric

13.13 Mitsubishi Electric

13.14 WEG S.A.

13.15 Allis Electric

13.16 Eaton Corporation

13.17 Technical Control Systems Limited

13.18 Emersion Electric Company

For more information about this report visit https://www.researchandmarkets.com/r/r4w4y

View source version on businesswire.com: https://www.businesswire.com/news/home/20190816005227/en/