Motor control centers comprise of entirely
enclosed, dead front, self-standing structures attached together. These
sections supports and host control units, a common busbars for distributing
power to the control units, and a network of wire trough and conductor entrance
areas for accommodating inward and outward load and control wires. The global
motor control centers market is driven by the increasing need of reliable
electric supply & subsequent investment in transmission & distribution
network, grid expansion, and developing safe electrical infrastructure.
The industrial usage of motor control
centers currently holds a large share of total volume of motor control centers
and is expected to dominate the market during forecast period. The increase in
industrial development across the globe leading to the wide application of
small and medium voltage motor control centers in industries for safe
operations, will further enhance the industrial motor control centers market
during the forecast period.
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Motor Control Centers are widely accepted
across the world in various industrial & commercial sector as a safety
component owing to properties such as, controlling all the motors in phase from
a central location, provides flexibility while adhering to the most complex
electrical distribution system. Also, compact design and low manufacturing cost
makes it permeable for the installation in various utilities and industrial
sector. The constant need for electricity and the worldwide growth in grid
infrastructure, will aid in the growth of global motor control centers market
over the forecast period. However, Fluctuation in material costs and new
product development over conventional
motor control centers, are expected to
restrain the global motor control centers market.
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The global motor control centers market is
driven by the need for reliable electric supply, maximum safety in transmission
& distribution network, and also the investments into the replacement of
matured electric grid structures with modern upgraded ones. The Asia-Pacific
region is the leading market for motor control centers. The rapid
industrialization, urbanization, and fast economic growth in countries such as
India and China, will drive the market for motor control centers.
Key
Players:
The key players of global Motor Control
Centers market are General Electric (U.S.), Siemens AG (Germany), ABB, Ltd.
(Switzerland), Schneider Electric SE (France), Rockwell Automation (U.S.),
Mitsubishi Electric Corporation (Japan), Hyosung Corporation (South Korea),
Larsen & Toubro Limited (India), Technical Control Systems Ltd. (U.K), and
WEG S.A. (Brazil).
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