Global Motor Control Centers Market 2018-2022
About Motor Control Centers
A motor control center (MCC) is a centralized system where all the combination starters are assembled together and are connected by a common source power bus. MCCs are primarily used to control the distribution of power to electrical motors.
Technavio’s analysts forecast the global motor control centers market to grow at a CAGR of 5.78 % during the period 2018-2022.
Covered in this report
The report covers the present scenario and the growth prospects of the global motor control centers market for 2018-2022. To calculate the market size, the report considers the revenue generated from the sales of motor control centers.
The market is divided into the following segments based on geography:
Technavio Announces the Publication of its Research Report – Global Motor Control Centers Market 2018-2022
Technavio recognizes the following companies as the key players in the global motor control centers market: ABB, Eaton, General Electric, Rockwell Automation, Schneider Electric, and Siemens
Commenting on the report, an analyst from Technavio’s team said: “The latest trend gaining momentum in the market is Rising technological developments in MCCs. With the growing adoption of industrial automation in various end-user industries, MCCs are witnessing a series of technological developments to cater to the changing needs of end-user industries. Top vendors of MCCs are continuously focusing on bringing functional transformation in their products and delivering commercial excellence. In the coming years, iMCCs are likely to replace conventional MCCs because of the numerous advantages they provide over conventional MCCs.”
According to the report, one of the major drivers for this market is Increasing adoption of iMCCs. The end-user industries worldwide are increasingly opting for iMCCs. The iMCCs are anticipated to replace traditional MCCs during the forecast period, owing to the following benefits: Optimized cabling approach is used, wherein the outdated inter-wiring is swapped with a single open device-level network cable.
Further, the report states that one of the major factors hindering the growth of this market is High complexity involved in the maintenance of MCCs. Various components, such as breakers, contractors, and control for power transmission, are used by MCCs to start and stop the motors. In addition, MCCs control the forward and reverse rotations; regulation and limitation of torque; regulation of speed; and safeguarding against overloading or unbalanced voltages. A single MCC controls about 25-40 motors, and plays a vital role in the performance of several functions of those motors, due to which an MCC undergoes a lot of stress and is prone to wear and tear. T
ABB, Eaton, General Electric, Rockwell Automation, Schneider Electric, and Siemens