Press release
Motor Control Centre Market To Reach 12.14 bn by 2032, to grow at 7.2 % CAGR from 2025 to 2032
Motor Control Centre Market
Drivers of the Motor Control Centre Market
Rising Demand for Modular and Customizable MCCs
The demand for modular and customizable Motor Control Centres (MCCs) is rising due to the need for flexibility in industries like pharmaceuticals, food processing, and electronics manufacturing. These MCCs support quick expansion, reduced downtime, and easy reconfiguration, making them ideal for dynamic production environments. Their compatibility with automation and smart systems enhances operational efficiency and scalability.
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Growth in Electrification Projects in Developing Economies
The growing electrification and industrialization in developing economies like India, Indonesia, Nigeria, and Vietnam drive the demand for Motor Control Centres (MCCs). Government-backed initiatives such as "Make in India," Africa's industrial corridors, and Southeast Asia's infrastructure projects feature MCC installations in new plants and substations, supporting efficient motor control in expanding power and industrial networks.
Motor Control Centre Market Segmentation
By Standard: The Motor Control Centres (MCC) market is segmented by standards into NEMA and IEC. IEC MCCs dominate globally with a 65-70% share, favored in Europe and Asia for compact, modular designs. NEMA MCCs, holding a 30-35% share, are preferred in North America for ruggedness and standardization in heavy industries like oil & gas.
By Component: The Motor Control Centers (MCC) market is driven by components like busbars, circuit breakers, overload relays, variable speed drives (VSDs), and soft starters. In 2024, VSDs accounted for over 35% of the market due to rising energy efficiency demand. Busbars followed with 25% share. Overload relays and soft starters contributed 15% and 10%, respectively, driven by motor protection needs and smooth start applications.
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Motor Control Centre Market Regional Analysis
Asia-Pacific: Asia-Pacific dominates the Motor Control Centers market with over 40% share, driven by rapid industrialization, manufacturing expansion, and infrastructure growth in China, India, and Southeast Asia. Rising demand from power, oil & gas, and automation sectors, supported by government policies and cost-effective local production, fuels regional market leadership.
North America: North America holds the second-largest share in the Motor Control Centers market, driven by advanced industrial automation, modernization of aging infrastructure, and strong energy and utility sectors. High adoption of smart MCCs, strict safety regulations, and the presence of key players like Rockwell and Eaton support growth. Investments in renewables and industrial upgrades further fuel regional demand.
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Motor Control Centre Market Competitive Landscape
ABB Ltd. In 2024, ABB announced its acquisition of Aurora Motors, a global supplier of vertical pump motors with distribution across 30 countries. In 2022, ABB acquired Siemens' low-voltage NEMA motor division, which reported around $63 million in revenue in 2021 and had a workforce of approximately 600 employees.
Schneider Electric SE: In January 2023, Schneider Electric finalized the acquisition of AVEVA, an industrial software company based in the United Kingdom.
Recent Developments:
In May 2023, Schneider Electric launched a new series of intelligent motor control centres (MCCs) for smart manufacturing environments.
In March 2023, Siemens AG expanded its operations by inaugurating a new manufacturing facility in Brazil to meet growing regional demand. In October 2024, Siemens introduced the SIMOCODE M-CP, a compact and advanced motor management system specifically designed for industrial switchboard applications.
Conclusion
The Motor Control Center market is advancing rapidly with smart technologies, driven by industrial automation, energy efficiency needs, and strategic expansions by key players like ABB, Schneider Electric, and Siemens.
Asia-Pacific leads market growth due to industrialization, while North America follows with strong automation and energy investments; major players are focusing on intelligent MCCs and regional manufacturing expansion.
Related Reports:
Motor Control IC's Market: https://www.stellarmr.com/report/Motor-Control-ICs-Market/2002
Inverter Duty Motor Market: https://www.stellarmr.com/report/inverter-duty-motor-market/2607
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