Motor Control Centers Market

Motor Control Centers Market by Type (Intelligent and Conventional), Voltage (Low and Medium), End-User (Industrial and Commercial), Standard (IEC and NEMA), Component, and Region - Global Forecast to 2024

Report Code: EP 3593 Sep, 2019, by marketsandmarkets.com

[208 Pages Report] The global motor control centers market is projected to reach USD 6.8 billion by 2024 from an estimated market size of USD 5.3 billion in 2019, at a CAGR of 5.0% during the forecast period. The growth is attributed to the growing demand for industrial automation in developed regions, increased use of electric motors in key industries, booming power sector, and augmented power generation capacities globally.

Motor Control Centers Market

The conventional motor control centers segment is expected to be the largest contributor to the motor control centers market, by type, during the forecast period

The motor control centers market, by type, is segmented into conventional motor control centers and intelligent motor control centers. The conventional motor control centers segment is projected to hold the largest market share by 2024. Growing demand for industrial automation in developed regions and advantages offered by conventional motor control centers such as high level of safety, easy expansion and modification, quick and smooth maintenance, and enhanced reliability and operability are the key factors driving the demand for the conventional motor control centers during the forecast period.

The low voltage segment is expected to be the fastest growing market during the forecast period

The motor control centers market, by voltage, is segmented into low voltage and medium voltage. Low voltage motor control centers are highly preferred because of their widespread adoption in various industries across the globe, which is likely to boost demand for the low voltage motor control centers during the forecast period.

The circuit breakers & fuses segment is expected to be the fastest growing motor control centers market, by component, during the forecast period

The motor control centers market has been categorized, on the basis of component, into busbars, circuit breakers & fuses, overload relays, variable speed drives, soft starters, and others (push buttons, indicator lights, metal cabinet sections, disconnecting switches, feeders, meters, pilot lamps, and terminal blocks). The growing power distribution & transmission industry and growth in the related and complementary markets, such as switchgears and transformers, are likely to boost the market.

Adoption of increased efficiency and low power consuming electrical equipment around the globe are driving the IEC standard motor control center market, by standard, during the forecast period

The motor control centers market is typically segmented into IEC, NEMA and others (UL, IEEE, and NFPA) on the basis of standard. IEC is a widely used standard for motor control centers. The increasing acceptance of IEC standard across the globe is likely to drive the market growth for motor control centers.

The industrial segment is expected to lead in the motor control centers market during the forecast period

The motor control centers market, by end-user, is segmented into industrial and commercial. The global trend of motorized automation across industrial segments is expected to boost the market growth for motor control centers.

Motor Control Centers Market

Asia Pacific is expected to be the largest motor control centers market during the forecast period

In this report, the motor control centers market has been analyzed with respect to 5 regions, namely, Asia Pacific, North America, Europe, South America, and the Middle East & Africa. Asia Pacific is estimated to be the largest market from 2019 to 2024. It is expected to see high demand for motor control centers owing to the growing urbanization and industrialization in the region. Also, the increasing power generation capacity addition and electricity demand are further expected to boost the market in the region.

Key Market Players

The major players in the motor control centers market are Rockwell Automation (US), ABB (Switzerland), Siemens (Germany), Eaton (Ireland), Schneider Electric (France), Fuji Electric (Japan), WEG (Brazil), and Mitsubishi Electric (Japan).

Rockwell Automation (US) is a key player in this segment. The company actively focuses on inorganic strategies to increase its global market share. For instance, in June 2019, Rockwell Automation was awarded a contract by Boral for its Charlton quarry to improve uptime by installing the latest motor control technology. Under this contract, Rockwell Automation is mandated to supply motor control centers for the modernization of the electric equipment at the quarry.

Another major player in the market is ABB (Switzerland). The company opts for new product launches as its organic business strategy for increasing its clientele base globally. For instance, in March 2019, it launched UMC100.3 motor controllers work closely to communicate with intelligent motor control centers, ultimately increasing their working efficiency.

Scope of the Report

Report Metric

Details

Market size available for years

2017–2024

Base year considered

2018

Forecast period

2019–2024

Forecast units

Value (USD)

Segments covered

Type, voltage, component, standard, end-user, and region

Geographies covered

Asia Pacific, North America, Europe, South America, and the Middle East & Africa

Companies covered

Rockwell Automation (US), ABB (Switzerland), Siemens (Germany), Schneider Electric (France), Eaton (Ireland), Fuji Electric (Japan), WEG (Brazil), Mitsubishi Electric (Japan), Larsen & Toubro (India), Vidhyut Electric (India), TES (UK), Rittal (Germany), Technical Controls (UK), Tesco Control (US), LSIS (South Korea), WEG (Brazil)

This research report categorizes the motor control centers marker by type, voltage, component, standard, end-user, and region.

The motor control centers market, by type, has been segmented as follows:

  • Conventional (by voltage (low and medium))
  • Intelligent (by voltage (low and medium))

The motor control centers market, by voltage, has been segmented as follows:

  • Low Voltage
  • Medium Voltage

The motor control centers market, by standard, has been segmented as follows:

  • NEMA (by voltage (low and medium))
  • IEC (by voltage (low and medium))
  • Others (UL, IEEE, and NFPA) (by voltage (low and medium))

The motor control centers market, by component, has been segmented as follows:

  • Busbars (by voltage (low and medium))
  • Circuit Breakers and Fuses (by voltage (low and medium))
  • Overload Relays (by voltage (low and medium))
  • Variable Speed Drives (by voltage (low and medium))
  • Soft Starters (by voltage (low and medium))
  • Others (pushbuttons, indicator lights, metal cabinet sections, disconnecting switches, feeders, meters, and pilot lamps) (by voltage (low and medium))

The motor control centers market, by end-user, has been segmented as follows:

  • Industrial (by voltage (low and medium))
    • Oil & Gas
    • Metals & Mining
    • Utilities
    • Chemical & Petrochemical
    • Cement & Manufacturing
    • Food & Beverage
    • Others (pulp& paper, water & wastewater, automobile, and pharmaceutical)
  • Commercial (by voltage (low and medium))

The motor control centers market, by region, has been segmented as follows:

  • Asia Pacific
  • North America
  • Europe
  • South America
  • Middle East & Africa

Recent Developments

  • In June 2019, Schneider Electric launched motor control centers with arc flash isolation design, which helps to prevent arc flash caused by extinguishing, originating, and containing the arc energy.
  • In June 2019, Fuji Electric acquired the entire share of Consul Neowatt Power Solutions, which is a major power electronics manufacturer in the country. Consul Neowatt Power Solutions is among the leading manufacturers of uninterruptible power supply system in India.
  • In April 2019, TES signed a contract with Irish Water for the provision of monitoring and control equipment associated with water & wastewater assets, including related civil engineering works.
  • In January 2019, Rittal signed a contract to provide power distribution and motor control center systems for a replacement drives panel at a steel mill in the North of England.

Key Questions Addressed by the Report

  • Which revolutionary technology trends are expected over the next 5 years?
  • Which elements of the motor control centers market are expected to lead by 2024?
  • Which type of motor control centers is likely to get the maximum opportunity to grow during the forecast period?
  • Which region is expected to lead with the highest market share by 2024?
  • How are companies implementing organic and inorganic strategies to gain an increase in the market share?

To speak to our analyst for a discussion on the above findings, click Speak to Analyst

Table of Contents

1 Introduction (Page No. - 24)
    1.1 Objectives of the Study
    1.2 Definition
    1.3 Market Scope
           1.3.1 Markets Covered
           1.3.2 Regional Scope
           1.3.3 Years Considered for the Study
    1.4 Currency
    1.5 Limitations
    1.6 Stakeholders

2 Research Methodology (Page No. - 28)
    2.1 Scope
    2.2 Market Size Estimation
           2.2.1 Demand-Side Analysis
                    2.2.1.1 Calculation
                    2.2.1.2 Assumptions
           2.2.2 Supply-Side Analysis
                    2.2.2.1 Assumptions
                    2.2.2.2 Calculation
           2.2.3 Forecast
    2.3 Some of the Insights of Industry Experts

3 Executive Summary (Page No. - 32)

4 Premium Insights (Page No. - 36)
    4.1 Attractive Opportunities in the Motor Control Centers Market
    4.2 Motor Control Centers Market, By Type
    4.3 Motor Control Centers Market, By Voltage
    4.4 Motor Control Centers Market, By End-User
    4.5 Motor Control Centers Market, By Standard
    4.6 Motor Control Centers Market, By Component
    4.7 Motor Control Centers Market, By Region

5 Market Overview (Page No. - 40)
    5.1 Introduction
    5.2 Market Dynamics
           5.2.1 Drivers
                    5.2.1.1 Growing Demand for Automation in Developed Nations
                    5.2.1.2 Increased Demand for Motor Control Centers in Large Manufacturing Plants and Other Industries
                    5.2.1.3 Supportive Government Regulations Promoting Energy Savings Across Industries
                    5.2.1.4 Industries Aiming at High Reliability and Reducing Plant Downtime
           5.2.2 Restraints
                    5.2.2.1 Decreasing Crude Oil Prices Leading to Reduced Investments in the Oil & Gas Industry
           5.2.3 Opportunities
                    5.2.3.1 Replacement of Old & Aging Infrastructure
                    5.2.3.2 Rising Demand for Smart and Integrated Motor Control and Protection Devices
           5.2.4 Challenges
                    5.2.4.1 Heavy Initial Investments and Higher Cost Compared to Its Counterparts
                    5.2.4.2 Motor Control Centers' Maintenance Complexities

6 Motor Control Centers Market, By Type (Page No. - 46)
    6.1 Introduction
           6.1.1 By Low Voltage
           6.1.2 By Medium Voltage
    6.2 Intelligent
           6.2.1 Increase in Automation in Developed Regions is Expected to Increase the Demand for Intelligent Motor Control Centers
    6.3 Conventional
           6.3.1 Conventional Motor Control Centers Held A Higher Market Share in 2018

7 Motor Control Centers Market, By Voltage (Page No. - 51)
    7.1 Introduction
    7.2 Low Voltage
           7.2.1 Increasing Low Voltage Motors for Industrial Usage are Enhancing the Need for Low Voltage Motor Control Centers
    7.3 Medium Voltage
           7.3.1 Inception of Large Water Treatment Plants and Utilities Globally is Likely to Increase Demand for Medium Voltage Motor Control Centers

8 Motor Control Centers Market, By End-User (Page No. - 55)
    8.1 Introduction
           8.1.1 By Low Voltage
           8.1.2 By Medium Voltage
    8.2 Industrial
           8.2.1 Increasing Need for Efficient Electrical Equipment is Likely to Drive the Motor Control Centers Market in Developing Regions
           8.2.1 Oil & Gas
                    8.2.1.1 Oil & Gas Industry in North America is Growing Due to Increased Investments in the Exploration & Production Operations Corresponding to Shale Oil & Gas
           8.2.2 Chemical & Petrochemical
                    8.2.2.1 Chemical Industries in Asia Pacific Region are Increasing Owing to Availability of Cheap Labor
           8.2.3 Metals & Mining
                    8.2.3.1 Growth in the Metals & Mining Industry Would Positively Impact the Motor Control Centers Market
           8.2.4 Cement & Manufacturing
                    8.2.4.1 Growth of Cement Industry is Driven By the Increased Infrastructural Projects Worldwide
           8.2.5 Utilities
                    8.2.5.1 Revamping Aging Infrastructure and Increasing Need for Energy Efficiency Would Drive the Utilities Segment of the Motor Control Centers Market
           8.2.6 Food & Beverage
                    8.2.6.1 Food & Beverage Industry is Majorly Expected to Grow in Developed Regions
           8.2.7 By Water & Wastewater
                    8.2.7.1 Increasing Need for Treating Wastewater for Protecting Water Bodies is Driving Wastewater Treatment Plants Around the Globe
           8.2.8 Public Construction
                    8.2.8.1 Increasing Number of Public Constructions Majorly in Developing Regions are Expected to Drive Motor Control Centers Market
    8.3 Commercial
           8.3.1 Increasing Number of Commercial Buildings Globally are Expected to Drive the Motor Control Centers Market

9 Motor Control Centers Market, By Standard (Page No. - 67)
    9.1 Introduction
    9.2 IEC
           9.2.1 Demand for Increased Overall Efficiency is Expected to Drive the IEC Standard Motor Control Centers Market
    9.3 NEMA
           9.3.1 Increasing Industrialization in Developing Nations is Expected to Benefit NEMA Standards’ Share in Motor Control Centers
    9.4 Others
           9.4.1 Rising Regional Regulations in Developed Regions Would Help Other Standards to Grow During the Forecast Period

10 Motor Control Centers Market, By Component (Page No. - 71)
     10.1 Introduction
             10.1.1 By Low Voltage
             10.1.2 By Medium Voltage
     10.2 Busbars
             10.2.1 Need for Simpler Design Layout of Motor Control Centers is Expected to Drive the Segment During the Forecast Period
     10.3 Circuit Breakers & Fuses
             10.3.1 Circuit Breaker De-Energizes Equipment for Safety and Protection of Motor Control Centers and Connected Apparatus
     10.4 Overload Relays
             10.4.1 Relays are Sensing Devices That Operate the Circuit Breaker for Safety and Protection of the Connected Motors
     10.5 Variable Speed Drives
             10.5.1 Need for Variable Speed Output is Expected to Increase the Requirement for Variable Speed Drives in Motor Control Centers
     10.6 Soft Starters
             10.6.1 Soft Starters Limit Current for Safely Starting A Motor
     10.7 Others
             10.7.1 Supporting Components are an Integral Part of Motor Control Centers

11 Motor Control Centers Market, By Region (Page No. - 79)
     11.1 Introduction
     11.2 Asia Pacific
             11.2.1 By End-User
                        11.2.1.1 By Low Voltage
                        11.2.1.2 By Medium Voltage
             11.2.2 By Voltage
             11.2.3 By Type
                        11.2.3.1 By Low Voltage
                        11.2.3.2 By Medium Voltage
             11.2.4 By Component
                        11.2.4.1 By Low Voltage
                        11.2.4.2 By Medium Voltage
             11.2.5 By Country
                        11.2.5.1 China
                                     11.2.5.1.1 Strong Economic Growth and Supportive Government Policies for the Growing Industrialization are Expected to Drive the Chinese Motor Control Centers Market
                        11.2.5.2 India
                                     11.2.5.2.1 Increased Manufacturing and Industrialization Along With Need for Enhanced Efficiency of the Manufacturing Plants are Driving the Motor Control Centers Market During the Forecast Period
                        11.2.5.3 Australia
                                     11.2.5.3.1 Australian Mining Activities are Expected to Drive the Australian Motor Control Centers Market During the Forecast Period
                        11.2.5.4 Japan
                                     11.2.5.4.1 Growing Industrial Production Toward Enhanced Manufacturing Practices are Expected to Drive the Japanese Motor Control Centers Market
                        11.2.5.5 Taiwan
                                     11.2.5.5.1 Growing Manufacturing and Commercial Activities are Driving the Need for Motor Control Centers in the Country
                        11.2.5.6 South Korea
                                     11.2.5.6.1 Improved Shipbuilding and Manufacturing Industries Would Require A Sizable Quantity of Motor Control Centers
                        11.2.5.7 Rest of Asia Pacific
                                     11.2.5.7.1 Government Plans to Reduce Carbon Emissions are Likely to Help the Motor Control Centers to Grow in the Region
     11.3 North America
             11.3.1 By End-User
                        11.3.1.1 By Low Voltage
                        11.3.1.2 By Medium Voltage
             11.3.2 By Voltage
             11.3.3 By Type
                        11.3.3.1 By Low Voltage
                        11.3.3.2 By Medium Voltage
             11.3.4 By Component
                        11.3.4.1 By Low Voltage
                        11.3.4.2 By Medium Voltage
             11.3.5 By Country
                        11.3.5.1 US
                                     11.3.5.1.1 Increasing Automation in Manufacturing Plants and Oil & Gas Exploration are Expected to Drive the US Motor Control Centers Market
                        11.3.5.2 Canada
                                     11.3.5.2.1 High Growth in the Construction and Oil & Gas Industries is Expected to Drive the Canadian Motor Control Centers Market
                        11.3.5.3 Mexico
                                     11.3.5.3.1 Rising Investments in the Petroleum Industry Along With Increased Industrialization are Driving the Motor Control Centers Market During the Forecast Period
                        11.3.5.4 Cuba
                                     11.3.5.4.1 Investments in the Mining Operations Would Help in the Growth of the Cuban Motor Control Centers Market
     11.4 Europe
             11.4.1 By End-User
                        11.4.1.1 By Low Voltage
                        11.4.1.2 By Medium Voltage
             11.4.2 By Voltage
             11.4.3 By Type
                        11.4.3.1 By Low Voltage
                        11.4.3.2 By Medium Voltage
             11.4.4 By Component
                        11.4.4.1 By Low Voltage
                        11.4.4.2 By Medium Voltage
             11.4.5 By Country
                        11.4.5.1 Germany
                                     11.4.5.1.1 Increasing Automation and Construction in the Region Would Lead to an Increased Demand for Motor Control Centers
                        11.4.5.2 UK
                                     11.4.5.2.1 Need for Processing Wastewater for Sustainability is Expected to Help the Motor Control Centers Market Grow
                        11.4.5.3 France
                                     11.4.5.3.1 Refurbishment and Addition of Electricity T&D are Expected to Help in the Growth of the Motor Control Centers Market
                        11.4.5.4 Italy
                                     11.4.5.4.1 Ongoing Investments in the Chemical Industry Would Lead to A Higher Demand for Motor Control Centers in the Country
                        11.4.5.5 Spain
                                     11.4.5.5.1 Increased Automation in the Chemical and Pharmaceutical Industries Indicate Growing Need for Motor Control Centers
                        11.4.5.6 Rest of Europe
                                     11.4.5.6.1 Aimed Reduction in Carbon Emissions is Expected to Drive the Motor Control Centers Market
     11.5 South America
             11.5.1 By End-User
                        11.5.1.1 By Low Voltage
                        11.5.1.2 By Medium Voltage
             11.5.2 By Voltage
             11.5.3 By Type
                        11.5.3.1 By Low Voltage
                        11.5.3.2 By Medium Voltage
             11.5.4 By Component
                        11.5.4.1 By Low Voltage
                        11.5.4.2 By Medium Voltage
             11.5.5 By Country
                        11.5.5.1 Brazil
                                     11.5.5.1.1 Augmented Investments in the Utilities and Oil & Gas Sector are Expected to Drive the Motor Control Centers Market in the Country
                        11.5.5.2 Argentina
                                     11.5.5.2.1 Enhancement of Power Generation Sector of the Country is Expected to Increase Its Need for Motor Control Centers
                        11.5.5.3 Chile
                                     11.5.5.3.1 Upcoming Investments in Mining Sector Would Increase the Demand for Motor Control Centers in the Country
                        11.5.5.4 Rest of South America
                                     11.5.5.4.1 Developing Utilities and Investments are Expected to Drive the Motor Control Centers Market in the Region
     11.6 Middle East & Africa
             11.6.1 By End-User
                        11.6.1.1 By Low Voltage
                        11.6.1.2 By Medium Voltage
             11.6.2 By Voltage
             11.6.3 By Type
                        11.6.3.1 By Low Voltage
                        11.6.3.2 By Medium Voltage
             11.6.4 By Component
                        11.6.4.1 By Low Voltage
                        11.6.4.2 By Medium Voltage
             11.6.5 By Country
                        11.6.5.1 Saudi Arabia
                                     11.6.5.1.1 Oil & Gas Exploration and Production Along With A Growing Number of Wastewater Plants are Likely to Drive the Motor Control Centers Market in the Country
                        11.6.5.2 UAE
                                     11.6.5.2.1 Augmented Operations in the Petroleum Industry Along With the Construction Industry are Helping the Motor Control Centers to Grow During the Forecast Period
                        11.6.5.3 Turkey
                                     11.6.5.3.1 Increased Mining and Export Industries are Likely to Help the Motor Control Centers Market to Grow in the Country
                        11.6.5.4 Algeria
                                     11.6.5.4.1 Growth of Algeria’s Petroleum Industry is Expected to Increase the Demand for Motor Control Centers in Future
                        11.6.5.5 Kuwait
                                     11.6.5.5.1 Planned Growth of Oil Exploration and Export Industries are Driving the Motor Control Centers Market During the Forecast Period
                        11.6.5.6 Qatar
                                     11.6.5.6.1 Major Construction Projects are Expected to Drive the Motor Control Centers Market
                        11.6.5.7 South Africa
                                     11.6.5.7.1 Growing Mining and Manufacturing Industries Would Drive the South African Motor Control Centers Market
                        11.6.5.8 Rest of Middle East & Africa
                                     11.6.5.8.1 Huge Investments in Oil & Gas Sector are Expected to Drive the Motor Control Centers Market in the Region

12 Competitive Landscape (Page No. - 155)
     12.1 Overview
     12.2 Competitive Leadership Mapping, 2018
             12.2.1 Visionary Leaders
             12.2.2 Innovators
             12.2.3 Dynamic Differentiators
             12.2.4 Emerging
     12.3 Market Share, 2018
     12.4 Competitive Scenario
             12.4.1 Contracts & Agreements
             12.4.2 New Product Launches
             12.4.3 Mergers & Acquisitions
             12.4.4 Investments & Expansions
             12.4.5 Others

13 Company Profile (Page No. - 163)
(Business Overview, Products Offered, Recent Developments, MnM View)*
     13.1 ABB
     13.2 Rittal
     13.3 TES
     13.4 Technical Control Systems
     13.5 LSIS
     13.6 WEG
     13.7 Tesco Controls
     13.8 Rockwell Automation
     13.9 Eaton
     13.10 Mitsubishi Electric
     13.11 Siemens
     13.12 Schneider Electric
     13.13 Larsen & Toubro
     13.14 Fuji Electric
     13.15 Vidhyut Control

*Business Overview, Products Offered, Recent Developments, MnM View Might Not Be Captured in Case of Unlisted Companies.

14 Appendix (Page No. - 200)
     14.1 Insights of Industry Experts
     14.2 Discussion Guide
     14.3 Knowledge Store: Marketsandmarkets’ Subscription Portal
     14.4 Available Customizations
     14.5 Related Reports
     14.6 Author Details


List of Tables (167 Tables)

Table 1 Motor Control Centers Market Snapshot
Table 2 Motor Control Centers Market Size, By Type, 2017–2024 (USD Million)
Table 3 Low Voltage Market Size, By Type, 2017–2024 (USD Million)
Table 4 Medium Voltage Market Size, By Type, 2017–2024 (USD Million)
Table 5 Intelligent Market Size, By Region, 2017–2024 (USD Million)
Table 6 Conventional Market Size, By Region, 2017–2024 (USD Million)
Table 7 Motor Control Centers Market Size, By Voltage, 2017–2024 (USD Million)
Table 8 Low Voltage: Market Size, By Region, 2017–2024 (USD Million)
Table 9 Medium Voltage: Market Size, By Region, 2017–2024 (USD Million)
Table 10 Motor Control Centers Market Size, By End-User, 2017–2024 (USD Million)
Table 11 Motor Control Centers Market Size, By Industrial, 2017–2024 (USD Million)
Table 12 Low Voltage Market Size, By End-User, 2017–2024 (USD Million)
Table 13 Low Voltage Market Size, By Industrial, 2017–2024 (USD Million)
Table 14 Medium Voltage Market Size, By End-User, 2017–2024 (USD Million)
Table 15 Medium Voltage Market Size, By Industrial, 2017–2024 (USD Million)
Table 16 Industrial: Market Size, By Region, 2017–2024 (USD Million)
Table 17 Oil & Gas: Market Size, By Region, 2017–2024 (USD Million)
Table 18 Chemical & Petrochemical: Market Size, By Region, 2017–2024 (USD Million)
Table 19 Metals & Mining: Market Size, By Region, 2017–2024 (USD Million)
Table 20 Cement & Manufacturing: Market Size, By Region, 2017–2024 (USD Million)
Table 21 Utilities: Market Size, By Region, 2017–2024 (USD Million)
Table 22 Food & Beverage: Market Size, By Region, 2017–2024 (USD Million)
Table 23 Water & Wastewater: Market Size, By Region, 2017–2024 (USD Million)
Table 24 Public Construction: Market Size, By Region, 2017–2024 (USD Million)
Table 25 Commercial: Market Size, By Region, 2017–2024 (USD Million)
Table 26 Motor Control Centers Market Size, By Standard, 2017–2024 (USD Million)
Table 27 IEC: Market Size, By Voltage, 2017–2024 (USD Million)
Table 28 NEMA: Market Size, By Voltage, 2017–2024 (USD Million)
Table 29 Others: Market Size, By Voltage, 2017–2024 (USD Million)
Table 30 Motor Control Centers Market Size, By Component, 2017–2024 (USD Million)
Table 31 Low Voltage Market Size, By Component, 2017–2024 (USD Million)
Table 32 Medium Voltage Market Size, By Component, 2017–2024 (USD Million)
Table 33 Busbars: Market Size, By Region, 2017–2024 (USD Million)
Table 34 Circuit Breakers & Fuses: Market Size, By Region, 2017–2024 (USD Million)
Table 35 Overload Relays: Market Size, By Region, 2017–2024 (USD Million)
Table 36 Variable Speed Drives: Market Size, By Region, 2017–2024 (USD Million)
Table 37 Soft Starters: Market Size, By Region, 2017–2024 (USD Million)
Table 38 Others: Market Size, By Region, 2017–2024 (USD Million)
Table 39 Motor Control Centers Market Size, By Region, 2017–2024 (USD Million)
Table 40 Asia Pacific: Market Size, By End-User, 2017–2024 (USD Million)
Table 41 Asia Pacific: Market Size, By Industrial, 2017–2024 (USD Million)
Table 42 Asia Pacific: Low Voltage Market Size, By End-User, 2017–2024 (USD Million)
Table 43 Asia Pacific: Low Voltage Market Size, By Industrial, 2017–2024 (USD Million)
Table 44 Asia Pacific: Medium Voltage Market Size, By End-User, 2017–2024 (USD Million)
Table 45 Asia Pacific: Medium Voltage Market Size, By Industrial, 2017–2024 (USD Million)
Table 46 Asia Pacific: Market Size, By Voltage, 2017–2024 (USD Million)
Table 47 Asia Pacific: Market Size, By Type, 2017–2024 (USD Million)
Table 48 Asia Pacific: Low Voltage Market Size, By Type, 2017–2024 (USD Million)
Table 49 Asia Pacific: Medium Voltage Market Size, By Type, 2017–2024 (USD Million)
Table 50 Asia Pacific: Market Size, By Component, 2017–2024 (USD Million)
Table 51 Asia Pacific: Low Voltage Market Size, By Component, 2017–2024 (USD Million)
Table 52 Asia Pacific: Medium Voltage Market Size, By Component, 2017–2024 (USD Million)
Table 53 Asia Pacific: Market Size, By Country, 2017–2024 (USD Million)
Table 54 China: Market Size, By End-User, 2017–2024 (USD Million)
Table 55 China: Market Size, By Industrial, 2017–2024 (USD Million)
Table 56 India: Market Size, By End-User, 2017–2024 (USD Million)
Table 57 India: Market Size, By Industrial, 2017–2024 (USD Million)
Table 58 Australia: Market Size, By End-User, 2017–2024 (USD Million)
Table 59 Australia: Market Size, By Industrial, 2017–2024 (USD Million)
Table 60 Japan: Market Size, By End-User, 2017–2024 (USD Million)
Table 61 Japan: Market Size, By Industrial, 2017–2024 (USD Million)
Table 62 Taiwan: Market Size, By End-User, 2017–2024 (USD Million)
Table 63 Taiwan: Market Size, By Industrial, 2017–2024 (USD Million)
Table 64 South Korea: Market Size, By End-User, 2017–2024 (USD Million)
Table 65 South Korea: Market Size, By Industrial, 2017–2024 (USD Million)
Table 66 Rest of Asia Pacific: Market Size, By End-User, 2017–2024 (USD Million)
Table 67 Rest of Asia Pacific: Market Size, By Industrial, 2017–2024 (USD Million)
Table 68 North America: Market Size, By End-User, 2017–2024 (USD Million)
Table 69 North America: Market Size, By Industrial, 2017–2024 (USD Million)
Table 70 North America: Low Voltage Market Size, By End-User, 2017–2024 (USD Million)
Table 71 North America: Low Voltage Market Size, By Industrial, 2017–2024 (USD Million)
Table 72 North America: Medium Voltage Market Size, By End-User, 2017–2024 (USD Million)
Table 73 North America: Medium Voltage Market Size, By Industrial, 2017–2024 (USD Million)
Table 74 North America: Market Size, By Voltage, 2017–2024 (USD Million)
Table 75 North America: Market Size, By Type, 2017–2024 (USD Million)
Table 76 North America: Low Voltage Market Size, By Type, 2017–2024 (USD Million)
Table 77 North America: Medium Voltage Market Size, By Type, 2017–2024 (USD Million)
Table 78 North America: Market Size, By Component, 2017–2024 (USD Million)
Table 79 North America: Low Voltage Market Size, By Component, 2017–2024 (USD Million)
Table 80 North America: Medium Voltage Market Size, By Component, 2017–2024 (USD Million)
Table 81 North America: Market Size, By Country, 2017–2024 (USD Million)
Table 82 US: Market Size, By End-User, 2017–2024 (USD Million)
Table 83 US: Market Size, By Industrial, 2017–2024 (USD Million)
Table 84 Canada: Market Size, By End-User, 2017–2024 (USD Million)
Table 85 Canada: Market Size, By Industrial, 2017–2024 (USD Million)
Table 86 Mexico: Market Size, By End-User, 2017–2024 (USD Million)
Table 87 Mexico: Market Size, By Industrial, 2017–2024 (USD Million)
Table 88 Cuba: Market Size, By End-User, 2017–2024 (USD Million)
Table 89 Cuba: Market Size, By Industrial, 2017–2024 (USD Thousand)
Table 90 Europe: Market Size, By End-User, 2017–2024 (USD Million)
Table 91 Europe: Market Size, By Industrial, 2017–2024 (USD Million)
Table 92 Europe: Low Voltage Market Size, By End-User, 2017–2024 (USD Million)
Table 93 Europe: Low Voltage Market Size, By Industrial, 2017–2024 (USD Million)
Table 94 Europe: Medium Voltage Market Size, By End-User, 2017–2024 (USD Million)
Table 95 Europe: Medium Voltage Market Size, By Industrial, 2017–2024 (USD Million)
Table 96 Europe: Market Size, By Voltage, 2017–2024 (USD Million)
Table 97 Europe: Market Size, By Type, 2017–2024 (USD Million)
Table 98 Europe: Low Voltage Market Size, By Type, 2017–2024 (USD Million)
Table 99 Europe: Medium Voltage Market Size, By Type, 2017–2024 (USD Million)
Table 100 Europe: Market Size, By Component, 2017–2024 (USD Million)
Table 101 Europe: Low Voltage Market Size, By Component, 2017–2024 (USD Million)
Table 102 Europe: Medium Voltage Market Size, By Component, 2017–2024 (USD Million)
Table 103 Europe: Market Size, By Country, 2017–2024 (USD Million)
Table 104 Germany: Market Size, By End-User, 2017–2024 (USD Million)
Table 105 Germany: Market Size, By Industrial, 2017–2024 (USD Million)
Table 106 UK: Market Size, By End-User, 2017–2024 (USD Million)
Table 107 UK: Market Size, By Industrial, 2017–2024 (USD Million)
Table 108 France: Market Size, By End-User, 2017–2024 (USD Million)
Table 109 France: Market Size, By Industrial, 2017–2024 (USD Million)
Table 110 Italy: Market Size, By End-User, 2017–2024 (USD Million)
Table 111 Italy: Market Size, By Industrial, 2017–2024 (USD Million)
Table 112 Spain: Market Size, By End-User, 2017–2024 (USD Million)
Table 113 Spain: Market Size, By Industrial, 2017–2024 (USD Million)
Table 114 Rest of Europe: Market Size, By End-User, 2017–2024 (USD Million)
Table 115 Rest of Europe: Market Size, By Industrial, 2017–2024 (USD Million)
Table 116 South America: Market Size, By End-User, 2017–2024 (USD Million)
Table 117 South America: Market Size, By Industrial, 2017–2024 (USD Million)
Table 118 South America: Low Voltage Market Size, By End-User, 2017–2024 (USD Million)
Table 119 South America: Low Voltage Market Size, By Industrial, 2017–2024 (USD Million)
Table 120 South America: Medium Voltage Market Size, By End-User, 2017–2024 (USD Million)
Table 121 South America: Medium Voltage Market Size, By Industrial, 2017–2024 (USD Million)
Table 122 South America: Market Size, By Voltage, 2017–2024 (USD Million)
Table 123 South America: Market Size, By Type, 2017–2024 (USD Million)
Table 124 South America: Low Voltage Market Size, By Type, 2017–2024 (USD Million)
Table 125 South America: Medium Voltage Market Size, By Type, 2017–2024 (USD Million)
Table 126 South America: Market Size, By Component, 2017–2024 (USD Million)
Table 127 South America: Low Voltage Market Size, By Component, 2017–2024 (USD Million)
Table 128 South America: Medium Voltage Market Size, By Component, 2017–2024 (USD Million)
Table 129 South America: Market Size, By Country, 2017–2024 (USD Million)
Table 130 Brazil: Market Size, By End-User, 2017–2024 (USD Million)
Table 131 Brazil: Market Size, By Industrial, 2017–2024 (USD Million)
Table 132 Argentina: Market Size, By End-User, 2017–2024 (USD Million)
Table 133 Argentina: Market Size, By Industrial, 2017–2024 (USD Million)
Table 134 Chile: Market Size, By End-User, 2017–2024 (USD Million)
Table 135 Chile: Market Size, By Industrial, 2017–2024 (USD Million)
Table 136 Rest of South America: Market Size, By End-User, 2017–2024 (USD Million)
Table 137 Rest of South America: Market Size, By Industrial, 2017–2024 (USD Million)
Table 138 Middle East & Africa: Market Size, By End-User, 2017–2024 (USD Million)
Table 139 Middle East & Africa: Market Size, By Industrial, 2017–2024 (USD Million)
Table 140 Middle East & Africa: Low Voltage Market Size, By End-User, 2017–2024 (USD Million)
Table 141 Middle East & Africa: Low Voltage Market Size, By Industrial, 2017–2024 (USD Million)
Table 142 Middle East & Africa: Medium Voltage Market Size, By End-User, 2017–2024 (USD Million)
Table 143 Middle East & Africa: Medium Voltage Market Size, By Industrial, 2017–2024 (USD Million)
Table 144 Middle East & Africa: Market Size, By Voltage, 2017–2024 (USD Million)
Table 145 Middle East & Africa: Market Size, By Type, 2017–2024 (USD Million)
Table 146 Middle East & Africa: Low Voltage Market Size, By Type, 2017–2024 (USD Million)
Table 147 Middle East & Africa: Medium Voltage Market Size, By Type, 2017–2024 (USD Million)
Table 148 Middle East & Africa: Market Size, By Component, 2017–2024 (USD Million)
Table 149 Middle East & Africa: Low Voltage Market Size, By Component, 2017–2024 (USD Million)
Table 150 Middle East & Africa: Medium Voltage Market Size, By Component, 2017–2024 (USD Million)
Table 151 Middle East & Africa: Market Size, By Country, 2017–2024 (USD Million)
Table 152 Saudi Arabia: Market Size, By End-User, 2017–2024 (USD Million)
Table 153 Saudi Arabia: Market Size, By Industrial, 2017–2024 (USD Million)
Table 154 UAE: Market Size, By End-User, 2017–2024 (USD Million)
Table 155 UAE: Market Size, By Industrial, 2017–2024 (USD Million)
Table 156 Turkey: Market Size, By End-User, 2017–2024 (USD Million)
Table 157 Turkey: Market Size, By Industrial, 2017–2024 (USD Million)
Table 158 Algeria: Market Size, By End-User, 2017–2024 (USD Million)
Table 159 Algeria: Market Size, By Industrial, 2017–2024 (USD Million)
Table 160 Kuwait: Market Size, By End-User, 2017–2024 (USD Million)
Table 161 Kuwait: Market Size, By Industrial, 2017–2024 (USD Million)
Table 162 Qatar: Market Size, By End-User, 2017–2024 (USD Million)
Table 163 Qatar: Market Size, By Industrial, 2017–2024 (USD Million)
Table 164 South Africa: Market Size, By End-User, 2017–2024 (USD Million)
Table 165 South Africa: Market Size, By Industrial, 2017–2024 (USD Million)
Table 166 Rest of the Middle East & Africa: Market Size, By End-User, 2017–2024 (USD Million)
Table 167 Rest of Middle East & Africa: Market Size, By Industrial, 2017–2024 (USD Million)


List of Figures (38 Figures)

Figure 1 Main Metrics Considered While Constructing and Assessing the Demand for the Motor Control Centers Market
Figure 2 Installation of Electric Motors is the Determining Factor for the Global Motor Control Centers Market
Figure 3 Low Voltage Segment is Expected to Hold the Largest Share of the Motor Control Centers Market, By Voltage, During the Forecast Period
Figure 4 IEC Standard Segment is Expected to Lead the Market, By Standard, During the Forecast Period
Figure 5 Conventional Segment is Expected to Lead the Market, By Type, During the Forecast Period
Figure 6 Asia Pacific Dominated the Market in 2018
Figure 7 Government Initiatives to Save Energy Across Every Industry and Rise in Demand for Automation in Developed Nations are Driving Market, 2019–2024
Figure 8 Conventional Segment Dominated the Market, By Type, in 2018
Figure 9 Low Voltage Segment Dominated the Market, By Voltage, in 2018
Figure 10 Industrial Segment Dominated the Market, By End-User, in 2018
Figure 11 IEC Standard Segment Dominated the Market, By Standard, in 2018
Figure 12 Busbars Segment Dominated the Market, By Component, in 2018
Figure 13 Asia Pacific Market is Expected to Grow at the Highest CAGR During the Forecast Period
Figure 14 Motor Control Centers Market: Drivers, Restraints, Opportunities, and Challenges
Figure 15 Growing Revenue Trends of the Automation Products (Motor Control Centers, Vfds, Contactors, and Starters) of Major Companies
Figure 16 Falling Average Crude Oil Prices Around the Globe Since 2014
Figure 17 Motor Control Centers Market (Value), By Type, 2018
Figure 18 Motor Control Centers Market (Value), By Voltage, 2018
Figure 19 Motor Control Centers Market (Value), By End-User, 2018
Figure 20 Motor Control Centers Market (Value), By Standard, 2018
Figure 21 Motor Control Centers Market (Value), By Component, 2018
Figure 22 Regional Snapshot: Asia Pacific Market is Expected to Grow at the Highest CAGR During the Forecast Period
Figure 23 Motor Control Centers Market Share (Value), By Region, 2018
Figure 24 Asia Pacific: Regional Snapshot
Figure 25 North America: Regional Snapshot
Figure 26 Key Developments in the Market, 2016–2019
Figure 27 Motor Control Centers Market (Global) Competitive Leadership Mapping, 2018
Figure 28 ABB Led the Market in 2018
Figure 29 ABB: Company Snapshot
Figure 30 LSIS Company Ltd.: Company Snapshot
Figure 31 WEG: Company Snapshot
Figure 32 Rockwell Automation: Company Snapshot
Figure 33 Eaton: Company Snapshot
Figure 34 Mitsubishi Electric: Company Snapshot
Figure 35 Siemens: Company Snapshot
Figure 36 Schneider Electric: Company Snapshot
Figure 37 Larsen & Toubro: Company Snapshot
Figure 38 Fuji Electric: Company Snapshot

This study involved 4 major activities in estimating the current size of the motor control centers market. Exhaustive secondary research was done to collect information on the market, the peer market, and the parent market. The next step was to validate these findings, assumptions, and market sizing with industry experts across the value chain through rigorous primary research. Both top-down and bottom-up approaches were used to estimate the total market size. The market breakdown and data triangulation techniques were employed to estimate the market size of the segments and the corresponding subsegments.

Secondary Research

This research study involved the use of extensive secondary sources, directories, and databases such as UNCTAD data, industry publications, several newspaper articles, Statista Industry Journal, Factiva, and motor control centers’ journals to identify and collect information useful for a technical, market-oriented, and commercial study of the motor control centers market. The other secondary sources included annual reports, press releases & investor presentations of companies, white papers, certified publications, articles by recognized authors, manufacturer associations, trade directories, and databases. 

Primary Research

The motor control centers market comprises several stakeholders such as companies related to the oil & gas and metals & mining industries, consulting companies in the energy & power sector, power generation companies, government & research organizations, organizations, forums, alliances & associations, motor control centers’ providers, state & national utility authorities, motor control centers’ manufacturers, dealers & suppliers, and vendors. The demand side of the market is characterized by utilities and industrial companies, investments by key end-users such as oil & gas, metals & mining, food & beverage, cement & manufacturing, and others. Moreover, demand is also driven by rising investments in industrial projects across the globe. The supply side is characterized by the increasing demand for contracts & agreements and mergers & acquisitions among big players. Various primary sources from both the supply and demand sides of the market were interviewed to obtain qualitative and quantitative information. The breakdown of primary respondents is given below:

Motor Control Centers Market

To know about the assumptions considered for the study, download the pdf brochure

Market Size Estimation

Both top-down and bottom-up approaches have been used to estimate and validate the size of the global motor control centers market and its dependent submarkets. These methods were also used extensively to estimate the size of various subsegments in the market. The research methodology used to estimate the market size includes the following:

  • The key players in the industry and market have been identified through extensive secondary research, and their market shares in the respective regions have been determined through both primary and secondary research.
  • The industry’s supply chain and market size, in terms of value, have been determined through primary and secondary research processes.
  • All percentage shares, splits, and breakdowns have been determined using secondary sources and verified through primary sources.

Data Triangulation

After arriving at the overall market size-using the market size estimation processes as explained above-the market was split into several segments and subsegments. To complete the entire market engineering process and arrive at the exact statistics of each market segment and subsegment, the data triangulation and market breakdown procedures were employed, wherever applicable. The data was triangulated by studying various factors and trends from both the demand and supply sides in the motor control centers sector.

Report Objectives

  • To define, describe, and forecast the global motor control centers market on the basis of type, voltage, component, standard, end-user, and region
  • To provide detailed information regarding the major factors influencing the growth of the motor control centers market (drivers, restraints, opportunities, and industry-specific challenges)
  • To strategically analyze the motor control centers market with respect to individual growth trends, future prospects, and contributions of each segment to the market
  • To analyze market opportunities for stakeholders and provide details of the competitive landscape for market leaders
  • To benchmark players within the market using the proprietary Vendor DIVE framework, which analyzes the market players on various parameters within the broad categories of business and product strategies
  • To track and analyze competitive developments such as contracts & agreements, expansions, new product developments, and mergers & acquisitions in the motor control centers market

Available Customizations:

With the given market data, MarketsandMarkets offers customizations as per the client’s specific needs. The following customization options are available for this report:

Regional Analysis

  • Further breakdown of region or country-specific analysis

Company Information

  • Detailed analysis and profiling of additional market players (up to 5)

Report Code
EP 3593
Published ON
Sep, 2019
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