Motor Control
Centers Market Overview
The need for continuous uninterrupted electric supply is growing because
of the worldwide rise in population and rapid industrialization. The increasing
need of reliable electric supply and subsequent investment in transmission
& distribution network, grid expansion, and developing safe electrical
infrastructure is expected to drive the growth of the global motor control
centers market.
Growing electricity demand coupled with growing concern for safe
transmission & distribution of electricity and the increasing grid
infrastructure, will boost the global motor control centers market size over
the forecast timeline. The motor control centers provides the most appropriate
method for grouping electrical motor control, automation, and power
distribution in compact and cost-effective package.
Motor control centers comprise of entirely enclosed, dead front,
self-standing structures anchored 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.
Leading 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).
Regional Analysis
Rapid urbanization & industrialization in countries such as China,
India, Indonesia and Australia demand continuous electric supply for the
operations of industries, data centers, emergency services, and commercial
& household purposes. Ageing conventional transmission & distribution
network often hinders the supply for continuous power. This is creating a
lucrative market for motor control centers in this region.
Scope of the
Report
This research report provides insights, on various levels of analysis
such as industry analysis, and market share analysis for the leading players
along with their profiles. It also helps in studying the target segments by
providing views on emerging & high-growth segments. The market data
comprises the basic assessment of the competitive scenarios & strategies in
the global motor control centers market, including high-growth regions and/or
countries, and political, & economic environments. The project report,
further, provides views on both the historical market values and pricing &
cost analysis.
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