
Low Voltage Motor Control Centre Market Report and Forecast 2025-2034
Description
The global low voltage motor control centre market reached a value of about USD 4.08 Billion in 2024 . The industry is further expected to grow at a CAGR of about 3.40% in the forecast period of 2025-2034 to reach a value of around USD 5.70 Billion by 2034 .
Asia Pacific to be a Significant Regional Market for Low Voltage Motor Control Centre
The market in the Asia Pacific region is expected to lead the global low voltage motor control centre market and is projected to grow at the highest CAGR during the forecast period of 2025-2034. Increased industrialisation, urbanisation, and rising electricity demand are the factors driving the market expansion in this region. China, India, Japan, and Australia are the most important markets for low voltage motor control centres in the Asia Pacific region. The low voltage motor control centres market in the Asia Pacific is predicted to be driven by rising investments in the water and wastewater industry and expanding infrastructural developments in the region. Also, the increasing power generation capacity addition, strong governmental initiatives, and ongoing projects will propel the market in the Asia Pacific region. Asian countries are experiencing a factory automation shift to make manufacturing processes more efficient and reduce defect rates. The Korean government, for instance, is focusing on smart manufacturing, with the goal of having 30,000 fully automated manufacturing enterprises by 2025. The government intends to accomplish this by using cutting-edge automation, data exchange, and Internet of Things (IoT) technology.
Market Segmentations
A motor control centre is a piece of equipment that allows you to operate several motors from a single place. A motor control centre is a collection of one or more enclosed sections connected by a common power bus and containing primarily motor control modules. This sort of motor control centre is perfect for combining electrical motor control, power distribution, and automation into a small and cost-effective container.
Market Breakup by Type
The factors contributing to the growth of the global low voltage motor control centres market include the penetration of industrial automation in emerging economies, improved industrial plant uptime, and growing power generation capacities. During the times of continuous technological developments, rising industrialisation, urbanisation, and enhancement in existing industrial infrastructure are expected to offer significant opportunities to the manufacturers of low voltage motor control centres for their greater application and will further aid the low voltage motor control centres market growth.
In oil and gas refineries, low voltage motor control centres are used to centrally regulate the electric motors that drive various industrial processes such as pumping, production and processing, air compressors, and drilling, among others. As a result, several global companies are adding new features to their low voltage motor solutions to cater to a wide range of applications. For example, ABB introduced new low voltage IEC (LV) flameproof motors in frame sizes 80-132 in June 2019, which offer the same safety and efficiency advantages as the company's larger products. These motors were created by the business for use in hazardous and explosive oil and gas situations, such as offshore oil rigs.
Key Players in the Global Market for Low Voltage Motor Control Centre
The report gives a detailed analysis of the following key players in the global low voltage motor control centre market, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:
Asia Pacific to be a Significant Regional Market for Low Voltage Motor Control Centre
The market in the Asia Pacific region is expected to lead the global low voltage motor control centre market and is projected to grow at the highest CAGR during the forecast period of 2025-2034. Increased industrialisation, urbanisation, and rising electricity demand are the factors driving the market expansion in this region. China, India, Japan, and Australia are the most important markets for low voltage motor control centres in the Asia Pacific region. The low voltage motor control centres market in the Asia Pacific is predicted to be driven by rising investments in the water and wastewater industry and expanding infrastructural developments in the region. Also, the increasing power generation capacity addition, strong governmental initiatives, and ongoing projects will propel the market in the Asia Pacific region. Asian countries are experiencing a factory automation shift to make manufacturing processes more efficient and reduce defect rates. The Korean government, for instance, is focusing on smart manufacturing, with the goal of having 30,000 fully automated manufacturing enterprises by 2025. The government intends to accomplish this by using cutting-edge automation, data exchange, and Internet of Things (IoT) technology.
Market Segmentations
A motor control centre is a piece of equipment that allows you to operate several motors from a single place. A motor control centre is a collection of one or more enclosed sections connected by a common power bus and containing primarily motor control modules. This sort of motor control centre is perfect for combining electrical motor control, power distribution, and automation into a small and cost-effective container.
Market Breakup by Type
- Traditional MCC
- Intelligent MCC
- Oil and Gas
- Metal and Mining
- Power Generation
- Automotive and Transportation
- Chemicals and Petrochemicals
- Water and Wastewater
- Food and Beverages
- Others
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East and Africa
The factors contributing to the growth of the global low voltage motor control centres market include the penetration of industrial automation in emerging economies, improved industrial plant uptime, and growing power generation capacities. During the times of continuous technological developments, rising industrialisation, urbanisation, and enhancement in existing industrial infrastructure are expected to offer significant opportunities to the manufacturers of low voltage motor control centres for their greater application and will further aid the low voltage motor control centres market growth.
In oil and gas refineries, low voltage motor control centres are used to centrally regulate the electric motors that drive various industrial processes such as pumping, production and processing, air compressors, and drilling, among others. As a result, several global companies are adding new features to their low voltage motor solutions to cater to a wide range of applications. For example, ABB introduced new low voltage IEC (LV) flameproof motors in frame sizes 80-132 in June 2019, which offer the same safety and efficiency advantages as the company's larger products. These motors were created by the business for use in hazardous and explosive oil and gas situations, such as offshore oil rigs.
Key Players in the Global Market for Low Voltage Motor Control Centre
The report gives a detailed analysis of the following key players in the global low voltage motor control centre market, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:
- Tesco Controls Inc.
- Mitsubishi Electric Corporation
- Allis Electric Co Ltd
- Eaton Corporation PLC
- Rockwell Automation Inc.
- Siemens AG
- ABB’s Electrification
- Others
Table of Contents
179 Pages
- 1 Executive Summary
- 1.1 Market Size 2024-2025
- 1.2 Market Growth 2025(F)-2034(F)
- 1.3 Key Demand Drivers
- 1.4 Key Players and Competitive Structure
- 1.5 Industry Best Practices
- 1.6 Recent Trends and Developments
- 1.7 Industry Outlook
- 2 Market Overview and Stakeholder Insights
- 2.1 Market Trends
- 2.2 Key Verticals
- 2.3 Key Regions
- 2.4 Supplier Power
- 2.5 Buyer Power
- 2.6 Key Market Opportunities and Risks
- 2.7 Key Initiatives by Stakeholders
- 3 Economic Summary
- 3.1 GDP Outlook
- 3.2 GDP Per Capita Growth
- 3.3 Inflation Trends
- 3.4 Democracy Index
- 3.5 Gross Public Debt Ratios
- 3.6 Balance of Payment (BoP) Position
- 3.7 Population Outlook
- 3.8 Urbanisation Trends
- 4 Country Risk Profiles
- 4.1 Country Risk
- 4.2 Business Climate
- 5 Global Low Voltage Motor Control Center Market Analysis
- 5.1 Key Industry Highlights
- 5.2 Global Low Voltage Motor Control Center Historical Market (2018-2024)
- 5.3 Global Low Voltage Motor Control Center Market Forecast (2025-2034)
- 5.4 Global Low Voltage Motor Control Center Market by Type
- 5.4.1 Traditional MCC
- 5.4.1.1 Historical Trend (2018-2024)
- 5.4.1.2 Forecast Trend (2025-2034)
- 5.4.2 Intelligent MCC
- 5.4.2.1 Historical Trend (2018-2024)
- 5.4.2.2 Forecast Trend (2025-2034)
- 5.5 Global Low Voltage Motor Control Center Market by End-User Industry
- 5.5.1 Oil and Gas
- 5.5.1.1 Historical Trend (2018-2024)
- 5.5.1.2 Forecast Trend (2025-2034)
- 5.5.2 Metal and Mining
- 5.5.2.1 Historical Trend (2018-2024)
- 5.5.2.2 Forecast Trend (2025-2034)
- 5.5.3 Power Generation
- 5.5.3.1 Historical Trend (2018-2024)
- 5.5.3.2 Forecast Trend (2025-2034)
- 5.5.4 Automotive and Transportation
- 5.5.4.1 Historical Trend (2018-2024)
- 5.5.4.2 Forecast Trend (2025-2034)
- 5.5.5 Chemicals and Petrochemicals
- 5.5.5.1 Historical Trend (2018-2024)
- 5.5.5.2 Forecast Trend (2025-2034)
- 5.5.6 Water and Wastewater
- 5.5.6.1 Historical Trend (2018-2024)
- 5.5.6.2 Forecast Trend (2025-2034)
- 5.5.7 Food and Beverages
- 5.5.7.1 Historical Trend (2018-2024)
- 5.5.7.2 Forecast Trend (2025-2034)
- 5.5.8 Others
- 5.6 Global Low Voltage Motor Control Center Market by Region
- 5.6.1 North America
- 5.6.1.1 Historical Trend (2018-2024)
- 5.6.1.2 Forecast Trend (2025-2034)
- 5.6.2 Europe
- 5.6.2.1 Historical Trend (2018-2024)
- 5.6.2.2 Forecast Trend (2025-2034)
- 5.6.3 Asia Pacific
- 5.6.3.1 Historical Trend (2018-2024)
- 5.6.3.2 Forecast Trend (2025-2034)
- 5.6.4 Latin America
- 5.6.4.1 Historical Trend (2018-2024)
- 5.6.4.2 Forecast Trend (2025-2034)
- 5.6.5 Middle East and Africa
- 5.6.5.1 Historical Trend (2018-2024)
- 5.6.5.2 Forecast Trend (2025-2034)
- 6 North America Low Voltage Motor Control Center Market Analysis
- 6.1 United States of America
- 6.1.1 Historical Trend (2018-2024)
- 6.1.2 Forecast Trend (2025-2034)
- 6.2 Canada
- 6.2.1 Historical Trend (2018-2024)
- 6.2.2 Forecast Trend (2025-2034)
- 7 Europe Low Voltage Motor Control Center Market Analysis
- 7.1 United Kingdom
- 7.1.1 Historical Trend (2018-2024)
- 7.1.2 Forecast Trend (2025-2034)
- 7.2 Germany
- 7.2.1 Historical Trend (2018-2024)
- 7.2.2 Forecast Trend (2025-2034)
- 7.3 France
- 7.3.1 Historical Trend (2018-2024)
- 7.3.2 Forecast Trend (2025-2034)
- 7.4 Italy
- 7.4.1 Historical Trend (2018-2024)
- 7.4.2 Forecast Trend (2025-2034)
- 7.5 Others
- 8 Asia Pacific Low Voltage Motor Control Center Market Analysis
- 8.1 China
- 8.1.1 Historical Trend (2018-2024)
- 8.1.2 Forecast Trend (2025-2034)
- 8.2 Japan
- 8.2.1 Historical Trend (2018-2024)
- 8.2.2 Forecast Trend (2025-2034)
- 8.3 India
- 8.3.1 Historical Trend (2018-2024)
- 8.3.2 Forecast Trend (2025-2034)
- 8.4 ASEAN
- 8.4.1 Historical Trend (2018-2024)
- 8.4.2 Forecast Trend (2025-2034)
- 8.5 Australia
- 8.5.1 Historical Trend (2018-2024)
- 8.5.2 Forecast Trend (2025-2034)
- 8.6 Others
- 9 Latin America Low Voltage Motor Control Center Market Analysis
- 9.1 Brazil
- 9.1.1 Historical Trend (2018-2024)
- 9.1.2 Forecast Trend (2025-2034)
- 9.2 Argentina
- 9.2.1 Historical Trend (2018-2024)
- 9.2.2 Forecast Trend (2025-2034)
- 9.3 Mexico
- 9.3.1 Historical Trend (2018-2024)
- 9.3.2 Forecast Trend (2025-2034)
- 9.4 Others
- 10 Middle East and Africa Low Voltage Motor Control Center Market Analysis
- 10.1 Saudi Arabia
- 10.1.1 Historical Trend (2018-2024)
- 10.1.2 Forecast Trend (2025-2034)
- 10.2 United Arab Emirates
- 10.2.1 Historical Trend (2018-2024)
- 10.2.2 Forecast Trend (2025-2034)
- 10.3 Nigeria
- 10.3.1 Historical Trend (2018-2024)
- 10.3.2 Forecast Trend (2025-2034)
- 10.4 South Africa
- 10.4.1 Historical Trend (2018-2024)
- 10.4.2 Forecast Trend (2025-2034)
- 10.5 Others
- 11 Market Dynamics
- 11.1 SWOT Analysis
- 11.1.1 Strengths
- 11.1.2 Weaknesses
- 11.1.3 Opportunities
- 11.1.4 Threats
- 11.2 Porter’s Five Forces Analysis
- 11.2.1 Supplier’s Power
- 11.2.2 Buyer’s Power
- 11.2.3 Threat of New Entrants
- 11.2.4 Degree of Rivalry
- 11.2.5 Threat of Substitutes
- 11.3 Key Indicators for Demand
- 11.4 Key Indicators for Price
- 12 Value Chain Analysis
- 13 Competitive Landscape
- 13.1 Supplier Selection
- 13.2 Key Global Players
- 13.3 Key Regional Players
- 13.4 Key Player Strategies
- 13.5 Company Profiles
- 13.5.1 Tesco Controls Inc.
- 13.5.1.1 Company Overview
- 13.5.1.2 Product Portfolio
- 13.5.1.3 Demographic Reach and Achievements
- 13.5.1.4 Certifications
- 13.5.2 Mitsubishi Electric Corporation
- 13.5.2.1 Company Overview
- 13.5.2.2 Product Portfolio
- 13.5.2.3 Demographic Reach and Achievements
- 13.5.2.4 Certifications
- 13.5.3 Allis Electric Co Ltd
- 13.5.3.1 Company Overview
- 13.5.3.2 Product Portfolio
- 13.5.3.3 Demographic Reach and Achievements
- 13.5.3.4 Certifications
- 13.5.4 Eaton Corporation PLC
- 13.5.4.1 Company Overview
- 13.5.4.2 Product Portfolio
- 13.5.4.3 Demographic Reach and Achievements
- 13.5.4.4 Certifications
- 13.5.5 Rockwell Automation Inc.
- 13.5.5.1 Company Overview
- 13.5.5.2 Product Portfolio
- 13.5.5.3 Demographic Reach and Achievements
- 13.5.5.4 Certifications
- 13.5.6 Siemens AG
- 13.5.6.1 Company Overview
- 13.5.6.2 Product Portfolio
- 13.5.6.3 Demographic Reach and Achievements
- 13.5.6.4 Certifications
- 13.5.7 ABB’s Electrification
- 13.5.7.1 Company Overview
- 13.5.7.2 Product Portfolio
- 13.5.7.3 Demographic Reach and Achievements
- 13.5.7.4 Certifications
- 13.5.8 Others
Pricing
Currency Rates
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