Global Low Voltage Motor Control Center Market 2018-2022
About Low Voltage Motor Control Center
An MCC is a centralized system. It accommodates motor starters and contactors that are assembled together and are connected through common source power busbars. MCCs are primarily used to control, distribute power, and protect electrical motors. An MCC with a voltage of up to 1,000 V is considered as a low voltage MCC.
Technavio’s analysts forecast the global low voltage motor control center market to grow at a CAGR of 5.83% during the period 2018-2022.
Covered in this report
The report covers the present scenario and the growth prospects of the global low voltage motor control center market for 2018-2022. To calculate the market size, the report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.
The market is divided into the following segments based on geography:
Technavio Announces the Publication of its Research Report – Global Low Voltage Motor Control Center Market 2018-2022
Technavio recognizes the following companies as the key players in the global low voltage motor control center market: ABB, Eaton, General electric, Rockwell Automation, Schneider Electric, and Siemens.
Commenting on the report, an analyst from Technavio’s team said: “One trend in the market is IoT enabled MCC. With the growing adoption of industrial automation in various end-user industries, low voltage MCC are witnessing a series of technological developments to cater to the changing needs of end-user industries.”
According to the report, one driver in the market is adaptability of low voltage MCCs in confined spaces. Low voltage MCC panels contain program controllers, variable frequency drives, and metering devices, and are primarily used to control the distribution of power to electrical motors. Organizations, such as the National Electrical Manufacturers Association (NEMA), the International Electrotechnical Commission (ICE), Underwriters Laboratories (UL), and the National Fire Protection Association (NFPA), have set standards for the construction, design, and application of low voltage MCCs.
Further, the report states that one challenge in the market is complicated retrofit and redesigning process of low voltage MCCs. Various components, such as breakers, contactors, and control for power transmission, are used by low voltage MCCs to start and stop the motor. In addition, the low voltage MCC controls the forward and reverse rotations, regulation and limitation of torque, regulation of speed, and safeguarding against overloading or unbalanced voltages.