Intelligent Motor Control Centers Market Will Generate Record Revenue by 2029

The global intelligent motor control centers (IMCC) market is growing at a steady rate and is estimated to witness a significant CAGR during the forecast period. Intelligent motor control centers or MCCs are a group of advanced communication technologies that are integrated with intelligent motor control devices. An MCC is a factory assembly of several motor starters that include motor control units to perform their principal operations.

The rising demand for IMCC in the automotive manufacturing sector and growing trends for industrial automation are anticipated to drive the market growth during the forecast period. The increasing adoption of intelligent MCC over an existing MCC further supplements the growth of the market. Additionally, the significant increase in technological advancements and surging investments by manufacturers to propel network communication and automation solutions in vehicles is expected to leverage the global intelligent motor control centers market during the forecast period.

Some key vendors present in the global IMCC market include General Electric Co., Eaton Corp., and Schneider Electric SE, among others adopted enormous strategies to stay competitive in the market. Product launches, mergers & acquisitions, and others are some key strategies adopted by the market players. For instance, in June 2019, Schneider Electric declared to launch an innovative motor control center integrated with arc flash isolation design.

To Request a Sample of our Report on Intelligent Motor Control Centers Market: https://www.omrglobal.com/request-sample/intelligent-motor-control-centers-market

Market Coverage

· The market number available for - 2022-2030

· Base year- 2022

· Forecast period- 2023-2030

· Segment Covered-

· By Operating Voltage

· By End-User

· Competitive Landscape- General Electric Co., Eaton Corp., and Schneider Electric SE, among others.

Intelligent Motor Control Centers Market Report Segmentation

By Operating Voltage

· Low-Voltage Intelligent MCCs

· Medium-Voltage Intelligent MCCs

By End-User

· Automotive

· Chemicals/Petrochemicals

· Food and Beverages

· Mining and Metals

· Pulp and Paper

· Power Generation

· Oil and Gas

· Others

A full Report of Intelligent Motor Control Centers Market is Available at: https://www.omrglobal.com/industry-reports/intelligent-motor-control-centers-market

Intelligent Motor Control Centers Market by Region

North America

· United States

· Canada

Europe

· UK

· Germany

· Spain

· France

· Italy

· Rest of Europe

Asia-Pacific

· India

· China

· Japan

· South Korea

· Rest of APAC

Rest of the World

Reasons to buy from us -

1. We cover more than 15 major industries, further segmented into more than 90 sectors.

2. More than 120 countries are for analysis.

3. Over 100+ paid data sources mined for investigation.

4. Our expert research analysts answer all your questions before and after purchasing your report.

For More Customized Data, Request for Report Customization @ https://www.omrglobal.com/report-customization/intelligent-motor-control-centers-market

Media Contact:

Company Name: Orion Market Research

Contact Person: Mr. Anurag Tiwari

Email: info@omrglobal.com

Contact no: +91 7803040404

About Orion Market Research
Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services. The company also offer Digital Marketing services through its subsidiary OMR Digital and Software development and Consulting Services through another subsidiary Encanto Technologies.

This release was published on openPR.