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Motor Control Centers Market Report by Type, Voltage, Component, End-Use Sector, and Region 2024-2032

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    Report

  • 140 Pages
  • March 2024
  • Region: Global
  • IMARC Group
  • ID: 5946685
Description Jump to:
The global motor control centers market size reached US$ 6.2 Billion in 2023. Looking forward, the publisher expects the market to reach US$ 10.0 Billion by 2032, exhibiting a growth rate (CAGR) of 5.5% during 2023-2032.

Motor control centers (MCCs) are enclosed assemblies of centralized systems that control the functioning and regulate the distribution of power to industrial motors. Consisting of several components such as frequency drives, programmable controllers, metering apparatus, busbars and wire-ways inside an integrated panel, they significantly aid in increasing productivity and reducing operating expenses. Furthermore, they can simplify wiring, rearrange units, minimize downtime, reduce repair time and facilitate monitoring of the equipment. Owing to these benefits, MCCs find extensive application across various industry sectors such as oil & gas, metals & mining, utility, chemicals and petrochemicals, etc.

The rising trend of industrial automation, along with increasing power generation capacities is the key factor driving the growth of the market. Initiatives to upgrade the existing power infrastructure to meet the global energy requirement has significantly enhanced the adoption of MCCs across the globe. Furthermore, energy providers are increasingly emphasizing on developing reliable electricity supply and maximize safety in the distribution and transmission networks. The introduction of intelligent MCCs is also contributing to the market growth as they offer real-time monitoring facility, enable predictive maintenance and assist in conducting advanced diagnostics of the electronic systems. Moreover, the adoption of the Internet of Things (IoT)-enabled MCCs have encouraged the vendors to develop advanced control modules and integrate smart devices with medium voltage variants. Other factors, including various technological advancements, implementation of loss detection feature and rapid urbanization, are also projected to drive the market further.

Key Market Segmentation:

The publisher provides an analysis of the key trends in each sub-segment of the global motor control centers market report, along with forecasts at the global, regional and country level from 2024-2032. The report has categorized the market based on type, voltage, component and end-use sector.

Breakup by Type:

  • Conventional
  • Intelligent

Breakup by Voltage:

  • Low Voltage
  • Medium Voltage

Breakup by Component:

  • Overload Relays
  • Circuit Breakers & Fuses
  • Soft Starter
  • Busbars
  • Variable Speed Drives
  • Others

Breakup by End-Use Sector:

  • Industrial Sector
  • Commercial Sector

Breakup by Region:

  • North America
  • United States
  • Canada
  • Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Australia
  • Indonesia
  • Others
  • Europe
  • Germany
  • France
  • United Kingdom
  • Italy
  • Spain
  • Russia
  • Others
  • Latin America
  • Brazil
  • Mexico
  • Argentina
  • Colombia
  • Chile
  • Peru
  • Others
  • Middle East and Africa
  • Turkey
  • Saudi Arabia
  • Iran
  • United Arab Emirates
  • Others

Competitive Landscape:

  • The competitive landscape of the industry has also been examined with some of the key players being ABB, Atmel Corporation, Eaton Corporation, Fuji Electric Co., General Electric, Larsen & Toubro, Mitsubishi Electric, Rockwell Automation, Schneider Electric, Siemens AG, TESCO Controls Inc., WEG Industries, etc.

Key Questions Answered in This Report

1. What was the global motor control centers market size in 2023?
2. What will be the global motor control centers market outlook during the forecast period 2024-2032?
3. What are the major global motor control centers market drivers?
4. What are the major trends in the global motor control centers market?
5. What is the impact of COVID-19 on the global motor control centers market?
6. What is the global motor control centers market breakup by type?
7. What is the global motor control centers market breakup by voltage?
8. What is the global motor control centers market breakup by component?
9. What is the global motor control centers market breakup by end-use sector?
10. What are the major regional markets in the global motor control centers industry?
11. Who are the leading motor control centers industry players?

Table of Contents

1 Preface
2 Scope and Methodology
2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
2.3.1 Primary Sources
2.3.2 Secondary Sources
2.4 Market Estimation
2.4.1 Bottom-Up Approach
2.4.2 Top-Down Approach
2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
4.1 Overview
4.2 Key Industry Trends
5 Global Motor Control Centers Market
5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Forecast
6 Market Breakup by Type
6.1 Conventional
6.1.1 Market Trends
6.1.2 Market Forecast
6.2 Intelligent
6.2.1 Market Trends
6.2.2 Market Forecast
7 Market Breakup by Voltage
7.1 Low Voltage
7.1.1 Market Trends
7.1.2 Market Forecast
7.2 Medium Voltage
7.2.1 Market Trends
7.2.2 Market Forecast
8 Market Breakup by Component
8.1 Overload Relays
8.1.1 Market Trends
8.1.2 Market Forecast
8.2 Circuit Breakers & Fuses
8.2.1 Market Trends
8.2.2 Market Forecast
8.3 Soft Starters
8.3.1 Market Trends
8.3.2 Market Forecast
8.4 Busbars
8.4.1 Market Trends
8.4.2 Market Forecast
8.5 Variable Speed Drives
8.5.1 Market Trends
8.5.2 Market Forecast
8.6 Others
8.6.1 Market Trends
8.6.2 Market Forecast
9 Market Breakup by End-Use Sector
9.1 Industrial Sector
9.1.1 Market Trends
9.1.2 Market Forecast
9.2 Commercial Sector
9.2.1 Market Trends
9.2.2 Market Forecast
10 Market Breakup by Region
10.1 North America
10.1.1 United States
10.1.1.1 Market Trends
10.1.1.2 Market Forecast
10.1.2 Canada
10.1.2.1 Market Trends
10.1.2.2 Market Forecast
10.2 Asia Pacific
10.2.1 China
10.2.1.1 Market Trends
10.2.1.2 Market Forecast
10.2.2 Japan
10.2.2.1 Market Trends
10.2.2.2 Market Forecast
10.2.3 India
10.2.3.1 Market Trends
10.2.3.2 Market Forecast
10.2.4 South Korea
10.2.4.1 Market Trends
10.2.4.2 Market Forecast
10.2.5 Australia
10.2.5.1 Market Trends
10.2.5.2 Market Forecast
10.2.6 Indonesia
10.2.6.1 Market Trends
10.2.6.2 Market Forecast
10.2.7 Others
10.2.7.1 Market Trends
10.2.7.2 Market Forecast
10.3 Europe
10.3.1 Germany
10.3.1.1 Market Trends
10.3.1.2 Market Forecast
10.3.2 France
10.3.2.1 Market Trends
10.3.2.2 Market Forecast
10.3.3 United Kingdom
10.3.3.1 Market Trends
10.3.3.2 Market Forecast
10.3.4 Italy
10.3.4.1 Market Trends
10.3.4.2 Market Forecast
10.3.5 Spain
10.3.5.1 Market Trends
10.3.5.2 Market Forecast
10.3.6 Russia
10.3.6.1 Market Trends
10.3.6.2 Market Forecast
10.3.7 Others
10.3.7.1 Market Trends
10.3.7.2 Market Forecast
10.4 Latin America
10.4.1 Brazil
10.4.1.1 Market Trends
10.4.1.2 Market Forecast
10.4.2 Mexico
10.4.2.1 Market Trends
10.4.2.2 Market Forecast
10.4.3 Argentina
10.4.3.1 Market Trends
10.4.3.2 Market Forecast
10.4.4 Colombia
10.4.4.1 Market Trends
10.4.4.2 Market Forecast
10.4.5 Chile
10.4.5.1 Market Trends
10.4.5.2 Market Forecast
10.4.6 Peru
10.4.6.1 Market Trends
10.4.6.2 Market Forecast
10.4.7 Others
10.4.7.1 Market Trends
10.4.7.2 Market Forecast
10.5 Middle East and Africa
10.5.1 Turkey
10.5.1.1 Market Trends
10.5.1.2 Market Forecast
10.5.2 Saudi Arabia
10.5.2.1 Market Trends
10.5.2.2 Market Forecast
10.5.3 Iran
10.5.3.1 Market Trends
10.5.3.2 Market Forecast
10.5.4 United Arab Emirates
10.5.4.1 Market Trends
10.5.4.2 Market Forecast
10.5.5 Others
10.5.5.1 Market Trends
10.5.5.2 Market Forecast
11 SWOT Analysis
11.1 Overview
11.2 Strengths
11.3 Weaknesses
11.4 Opportunities
11.5 Threats
12 Value Chain Analysis
13 Porters Five Forces Analysis
13.1 Overview
13.2 Bargaining Power of Buyers
13.3 Bargaining Power of Suppliers
13.4 Degree of Competition
13.5 Threat of New Entrants
13.6 Threat of Substitutes
14 Competitive Landscape
14.1 Market Structure
14.2 Key Players
14.3 Profiles of Key Players
14.3.1 ABB
14.3.1.1 Company Overview
14.3.1.2 Product Portfolio
14.3.2 Atmel Corporation
14.3.2.1 Company Overview
14.3.2.2 Product Portfolio
14.3.3 Eaton Corporation
14.3.3.1 Company Overview
14.3.3.2 Product Portfolio
14.3.3.3 Financials
14.3.3.4 SWOT Analysis
14.3.4 Fuji Electric Co.
14.3.4.1 Company Overview
14.3.4.2 Product Portfolio
14.3.4.3 Financials
14.3.4.4 SWOT Analysis
14.3.5 General Electric
14.3.5.1 Company Overview
14.3.5.2 Product Portfolio
14.3.5.3 Financials
14.3.5.4 SWOT Analysis
14.3.6 Larsen & Toubro
14.3.6.1 Company Overview
14.3.6.2 Product Portfolio
14.3.6.3 Financials
14.3.6.4 SWOT Analysis
14.3.7 Mitsubishi Electric
14.3.7.1 Company Overview
14.3.7.2 Product Portfolio
14.3.7.3 Financials
14.3.7.4 SWOT Analysis
14.3.8 Rockwell Automation
14.3.8.1 Company Overview
14.3.8.2 Product Portfolio
14.3.8.3 Financials
14.3.8.4 SWOT Analysis
14.3.9 Schneider Electric
14.3.9.1 Company Overview
14.3.9.2 Product Portfolio
14.3.10 Siemens AG
14.3.10.1 Company Overview
14.3.10.2 Product Portfolio
14.3.10.3 Financials
14.3.10.4 SWOT Analysis
14.3.11 TESCO Controls Inc.
14.3.11.1 Company Overview
14.3.11.2 Product Portfolio
14.3.12 WEG Industries
14.3.12.1 Company Overview
14.3.12.2 Product Portfolio
List of Figures
Figure 1: Global: Motor Control Centers Market: Major Drivers and Challenges
Figure 2: Global: Motor Control Centers Market: Sales Value (in Billion US$), 2018-2023
Figure 3: Global: Motor Control Centers Market: Breakup by Type (in %), 2023
Figure 4: Global: Motor Control Centers Market: Breakup by Voltage (in %), 2023
Figure 5: Global: Motor Control Centers Market: Breakup by Component (in %), 2023
Figure 6: Global: Motor Control Centers Market: Breakup by End-Use Sector (in %), 2023
Figure 7: Global: Motor Control Centers Market: Breakup by Region (in %), 2023
Figure 8: Global: Motor Control Centers Market Forecast: Sales Value (in Billion US$), 2024-2032
Figure 9: Global: Motor Control Centers (Conventional) Market: Sales Value (in Million US$), 2018 & 2023
Figure 10: Global: Motor Control Centers (Conventional) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 11: Global: Motor Control Centers (Intelligent) Market: Sales Value (in Million US$), 2018 & 2023
Figure 12: Global: Motor Control Centers (Intelligent) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 13: Global: Motor Control Centers (Low Voltage) Market: Sales Value (in Million US$), 2018 & 2023
Figure 14: Global: Motor Control Centers (Low Voltage) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 15: Global: Motor Control Centers (Medium Voltage) Market: Sales Value (in Million US$), 2018 & 2023
Figure 16: Global: Motor Control Centers (Medium Voltage) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 17: Global: Motor Control Centers (Overload Relays) Market: Sales Value (in Million US$), 2018 & 2023
Figure 18: Global: Motor Control Centers (Overload Relays) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 19: Global: Motor Control Centers (Circuit Breakers & Fuses) Market: Sales Value (in Million US$), 2018 & 2023
Figure 20: Global: Motor Control Centers (Circuit Breakers & Fuses) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 21: Global: Motor Control Centers (Soft Starters) Market: Sales Value (in Million US$), 2018 & 2023
Figure 22: Global: Motor Control Centers (Soft Starters) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 23: Global: Motor Control Centers (Busbars) Market: Sales Value (in Million US$), 2018 & 2023
Figure 24: Global: Motor Control Centers (Busbars) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 25: Global: Motor Control Centers (Variable Speed Drives) Market: Sales Value (in Million US$), 2018 & 2023
Figure 26: Global: Motor Control Centers (Variable Speed Drives) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 27: Global: Motor Control Centers (Other Components) Market: Sales Value (in Million US$), 2018 & 2023
Figure 28: Global: Motor Control Centers (Other Components) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 29: Global: Motor Control Centers (Industrial Sector) Market: Sales Value (in Million US$), 2018 & 2023
Figure 30: Global: Motor Control Centers (Industrial Sector) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 31: Global: Motor Control Centers (Commercial Sector) Market: Sales Value (in Million US$), 2018 & 2023
Figure 32: Global: Motor Control Centers (Commercial Sector) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 33: North America: Motor Control Centers Market: Sales Value (in Million US$), 2018 & 2023
Figure 34: North America: Motor Control Centers Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 35: United States: Motor Control Centers Market: Sales Value (in Million US$), 2018 & 2023
Figure 36: United States: Motor Control Centers Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 37: Canada: Motor Control Centers Market: Sales Value (in Million US$), 2018 & 2023
Figure 38: Canada: Motor Control Centers Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 39: Asia Pacific: Motor Control Centers Market: Sales Value (in Million US$), 2018 & 2023
Figure 40: Asia Pacific: Motor Control Centers Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 41: China: Motor Control Centers Market: Sales Value (in Million US$), 2018 & 2023
Figure 42: China: Motor Control Centers Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 43: Japan: Motor Control Centers Market: Sales Value (in Million US$), 2018 & 2023
Figure 44: Japan: Motor Control Centers Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 45: India: Motor Control Centers Market: Sales Value (in Million US$), 2018 & 2023
Figure 46: India: Motor Control Centers Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 47: South Korea: Motor Control Centers Market: Sales Value (in Million US$), 2018 & 2023
Figure 48: South Korea: Motor Control Centers Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 49: Australia: Motor Control Centers Market: Sales Value (in Million US$), 2018 & 2023
Figure 50: Australia: Motor Control Centers Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 51: Indonesia: Motor Control Centers Market: Sales Value (in Million US$), 2018 & 2023
Figure 52: Indonesia: Motor Control Centers Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 53: Others: Motor Control Centers Market: Sales Value (in Million US$), 2018 & 2023
Figure 54: Others: Motor Control Centers Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 55: Europe: Motor Control Centers Market: Sales Value (in Million US$), 2018 & 2023
Figure 56: Europe: Motor Control Centers Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 57: Germany: Motor Control Centers Market: Sales Value (in Million US$), 2018 & 2023
Figure 58: Germany: Motor Control Centers Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 59: France: Motor Control Centers Market: Sales Value (in Million US$), 2018 & 2023
Figure 60: France: Motor Control Centers Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 61: United Kingdom: Motor Control Centers Market: Sales Value (in Million US$), 2018 & 2023
Figure 62: United Kingdom: Motor Control Centers Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 63: Italy: Motor Control Centers Market: Sales Value (in Million US$), 2018 & 2023
Figure 64: Italy: Motor Control Centers Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 65: Spain: Motor Control Centers Market: Sales Value (in Million US$), 2018 & 2023
Figure 66: Spain: Motor Control Centers Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 67: Russia: Motor Control Centers Market: Sales Value (in Million US$), 2018 & 2023
Figure 68: Russia: Motor Control Centers Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 69: Others: Motor Control Centers Market: Sales Value (in Million US$), 2018 & 2023
Figure 70: Others: Motor Control Centers Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 71: Latin America: Motor Control Centers Market: Sales Value (in Million US$), 2018 & 2023
Figure 72: Latin America: Motor Control Centers Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 73: Brazil: Motor Control Centers Market: Sales Value (in Million US$), 2018 & 2023
Figure 74: Brazil: Motor Control Centers Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 75: Mexico: Motor Control Centers Market: Sales Value (in Million US$), 2018 & 2023
Figure 76: Mexico: Motor Control Centers Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 77: Argentina: Motor Control Centers Market: Sales Value (in Million US$), 2018 & 2023
Figure 78: Argentina: Motor Control Centers Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 79: Colombia: Motor Control Centers Market: Sales Value (in Million US$), 2018 & 2023
Figure 80: Colombia: Motor Control Centers Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 81: Chile: Motor Control Centers Market: Sales Value (in Million US$), 2018 & 2023
Figure 82: Chile: Motor Control Centers Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 83: Peru: Motor Control Centers Market: Sales Value (in Million US$), 2018 & 2023
Figure 84: Peru: Motor Control Centers Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 85: Others: Motor Control Centers Market: Sales Value (in Million US$), 2018 & 2023
Figure 86: Others: Motor Control Centers Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 87: Middle East and Africa: Motor Control Centers Market: Sales Value (in Million US$), 2018 & 2023
Figure 88: Middle East and Africa: Motor Control Centers Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 89: Turkey: Motor Control Centers Market: Sales Value (in Million US$), 2018 & 2023
Figure 90: Turkey: Motor Control Centers Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 91: Saudi Arabia: Motor Control Centers Market: Sales Value (in Million US$), 2018 & 2023
Figure 92: Saudi Arabia: Motor Control Centers Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 93: Iran: Motor Control Centers Market: Sales Value (in Million US$), 2018 & 2023
Figure 94: Iran: Motor Control Centers Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 95: United Arab Emirates: Motor Control Centers Market: Sales Value (in Million US$), 2018 & 2023
Figure 96: United Arab Emirates: Motor Control Centers Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 97: Others: Motor Control Centers Market: Sales Value (in Million US$), 2018 & 2023
Figure 98: Others: Motor Control Centers Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 99: Global: Motor Control Centers Industry: SWOT Analysis
Figure 100: Global: Motor Control Centers Industry: Value Chain Analysis
Figure 101: Global: Motor Control Centers Industry: Porter’s Five Forces Analysis
List of Tables
Table 1: Global: Motor Control Centers Market: Key Industry Highlights, 2023 and 2032
Table 2: Global: Motor Control Centers Market Forecast: Breakup by Type (in Million US$), 2024-2032
Table 3: Global: Motor Control Centers Market Forecast: Breakup by Voltage (in Million US$), 2024-2032
Table 4: Global: Motor Control Centers Market Forecast: Breakup by Component (in Million US$), 2024-2032
Table 5: Global: Motor Control Centers Market Forecast: Breakup by End-Use Sector (in Million US$), 2024-2032
Table 6: Global: Motor Control Centers Market Forecast: Breakup by Region (in Million US$), 2024-2032
Table 7: Global: Motor Control Centers Market: Competitive Structure
Table 8: Global: Motor Control Centers Market: Key Players

Companies Mentioned

  • ABB
  • Atmel Corporation
  • Eaton Corporation
  • Fuji Electric Co. General Electric
  • Larsen & Toubro
  • Mitsubishi Electric
  • Rockwell Automation
  • Schneider Electric
  • Siemens AG
  • TESCO Controls Inc
  • WEG Industries

Methodology

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Table Information

Report AttributeDetails
No. of Pages140
PublishedMarch 2024
Forecast Period2023 - 2032
Estimated Market Value ( USD ) in 2023 $ 6.2 Billion
Forecasted Market Value ( USD ) by 2032 $ 10 Billion
Compound Annual Growth Rate5.5%
Regions CoveredGlobal
No. of Companies Mentioned11

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About the Motor Control Center Market

A Motor Control Center (MCC) is an assembly of one or more enclosed sections having a common power bus and principally containing motor control units. It is used to control and protect motors in industrial and commercial applications. The MCC typically includes motor starters, disconnects, overload relays, fuses, and/or circuit breakers. It is designed to provide a convenient, centralized location for the control of a number of motors. MCCs are used in a variety of industries, including manufacturing, food and beverage, oil and gas, and water and wastewater. They are designed to provide a safe and reliable means of controlling and protecting motors, while also providing a convenient means of monitoring and controlling motor operations. MCCs are available in a variety of sizes and configurations, and can be customized to meet the specific needs of the application. They are typically constructed from steel or aluminum, and are designed to withstand harsh environmental conditions. Some of the companies in the Motor Control Center market include ABB, Siemens, Schneider Electric, Rockwell Automation, Eaton, and GE. Show Less Read more

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