Global Low Voltage Motor Control Center Market 2018-2022

Below are some of the key findings from the low voltage motor control center market research report

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Global low voltage motor control center industry overview

Adaptability of low voltage MCCs in confined spaces is one of the key factors driving the growth of the market. The low voltage MCC panels contain program controllers, variable frequency drives, and metering devices. They are usually used to control the distribution of power to electrical motors. Low voltage MCC units also provide a highly efficient fault containment system and electric component isolators. The low voltage MCC has a long useable lifespan and needs less line-side power wiring and separate controls, making the installation easy within the available space. Several industries are confined to limited space and a majority of the available space is occupied by motors and other process equipment. Using individual protection devices near motors requires more space and requires more wiring. Using MCCs offers centralized control for all motors, and they require only a small cabinet, assisting in maximum space utilization in industrial premises.

The optimized physical construction of low voltage MCC is a key trend that will gain traction in the coming years. To improve the safety levels of low voltage, MCCs has always been the priority of all the major vendors operating in the global low voltage MCC market. As operator and maintenance personnel work closely with low voltage MCCs, safeguarding them from hazards such as arc flash, thermal burns, and explosive blasts is the key focus while developing low voltage MCCs. Thus, the major vendors in the market are producing a new generation of low voltage motor relays (LVMR) to minimize the probability of occurrence of such hazards. These newly developed motor relays provide safety, reliability, and reduces the overall cost of low voltage MCCs. This market trend is expected to register a CAGR of nearly 6% during the forecast period.

Top low voltage motor control center companies covered in this market research report

The low voltage motor control center market is moderately fragmented. This industry research report offers information about the competitive environment among the players in the motor control centers market and offers an analysis of the key companies and their products. Additionally, our analysts also offer information about key areas the players currently focus on and strategies they follow to sustain the competition.

The report offers a complete analysis of various companies including:

• ABB      
• Eaton  
• General Electric
• Rockwell Automation   
• Schneider Electric            
• Siemens  

Low voltage motor control center market segmentation based on geographic regions

• Americas
• APAC
• EMEA

With a complete study of the growth opportunities for the companies, the EMEA region will account for the highest growth of this market throughout the forecast period. However, APAC will account for the largest low voltage motor control center market share in 2017.

Low voltage motor control center market segmentation based on product

• Conventional low voltage MCC
• Intelligent low voltage MCC

The conventional low voltage MCC accounted for the major share of low voltage MCC market during 2017. This is mainly due to the high demand for industrial automation, mostly from emerging countries such as India, Brazil, China, and France in the motor control centers market. Additionally, the report also provides an accurate prediction of the contribution of the various products segments to the growth of the low voltage motor control center market size.

Key highlights of the global low voltage motor control center market for the forecast years 2018-2022:

• CAGR of the market during the forecast period 2018-2022
• Detailed information on factors that will accelerate the growth of the low voltage motor control center market during the next five years
• Precise estimation of the global low voltage motor control center market size and its contribution to the parent market
• Accurate predictions on upcoming trends and changes in consumer behavior
• The growth of the low voltage motor control center industry across the Americas, APAC, and EMEA
• A thorough analysis of the market’s competitive landscape and detailed information on several vendors
• Comprehensive details on the factors that will challenge the growth of low voltage motor control center companies