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Motor Control Centers Market 2017 by Type – Hyosung, WEG SA, Lsis Co. Ltd, Siemens AG

07-05-2017 11:35 AM CET | Energy & Environment

Press release from: ReportsnReports

Motor Control Centers Market

Motor Control Centers Market

Motor Control Centers Market by type 2017-2022 by Service spreads across 182 pages profiling 15+ companies and supported with 82 tables and 73 figures available at ReportsnReports.com

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The motor control centers market is projected to grow at a CAGR of 5.47%,from 2017 to 2022

The motor control centers market is projected to reach USD 6.22 billion by 2022, at a CAGR of 5.47%, from 2017 to 2022.The growing demand for industrial automation in developed regions, increased use of electric motors in key industries, and increased industrial plant uptime has boosted the demand for motor control centers. In addition, the booming power sector and augmented power generation capacities globally would further aid the growth of this market. The stagnancy in the oil & gas industry and the decrease in mining activities in Asia-Pacific, Latin America, and Africa would act as a restraint for the motor control centers market.

The low voltage segment is expected to dominate the motor control centers market from 2017 to 2022
The low voltage motor control centers market is the largest market of the voltage segment due to the widespread installation of low voltage motors across the globe. Motor control centers are extensively used by industries to control the speed, frequency, voltage, and torque, of motors, among other functions. Moreover, this segment is expected to grow at the highest CAGR from 2017 to 2022. Low voltage motor control centers are mainly used in industries such as chemicals and petrochemicals, paper and pulp, cement, and food and beverage. The low voltage motor control centers segment is expected to grow significantly during the forecast period.

Motor Control Centers Market, By Voltage

Introduction
Low Voltage
Medium Voltage

Motor Control Centers Market, By Type

Introduction
Conventional Motor Control Centers
Intelligent Motor Control Centers

Motor Control Centers Market, By Component

Introduction
Busbars
Circuit Breakers & Fuses
Overload Relays
Variable Speed Drives
Soft Starters
Others

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Fundamentals of Table of Content:

Motor Control Centers Market, By Standard

Introduction
Motor Control Centers Standards

Motor Control Centers Market, By End-User

Introduction
Industrial
Oil & Gas
Mining & Metals
Utilities
Chemicals & Petrochemicals
Cement & Manufacutring
Food & Beverage
Others
Commercial

13 Company Profiles

(Overview, Products & Services, Strategies & Insights, Developments and MnM View)*
13.1 ABB, Ltd.
13.2 Eaton Corporation, PLC
13.3 Siemens AG
13.4 General Electric Company
13.5 Schneider Electric Se
13.6 Rockwell Automation, Inc.
13.7 Vidhyut Control India Pvt., Ltd.
13.8 Mitsubishi Electric Corporation
13.9 Gemco Controls, Ltd.
13.10 Technical Control Systems, Ltd.
13.11 Hyosung
13.12 WEG SA
13.13 Lsis Co., Ltd.
13.14 Larsen & Toubro Limited
13.15 Fuji Electric Co., Ltd.

*Details on Overview, Products & Services, Strategies & Insights, Developments and MnM View Might Not Be Captured in Case of Unlisted Companies.

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