Motor Control Centers (MCC) Market – Growing need for reliable and efficient power distribution and Increasing demand for industrial automation are likely to drive the market in the forecast period.
According to TechSci Research report, “Motor Control Centers Market – Global Industry Size, Share, Trends, Competition Forecast & Opportunities, 2028”, the Global Motor Control Centers Market stood at USD 5.08 billion in 2022 and is anticipated to grow with a CAGR of 7.19% in the forecast period. A major driver of the global Motor Control Centers (MCC) market is the relentless expansion of industrial automation and digitization. As industries increasingly embrace Industry 4.0 principles and digital transformation, the demand for advanced MCCs grows substantially.
These MCCs serve as the central nervous system of industrial processes, providing the means to control, monitor, and safeguard electric motors and associated machinery. In today’s interconnected industrial landscape, MCCs are equipped with sophisticated features such as remote monitoring, predictive maintenance capabilities, and real-time data analytics. They are pivotal in facilitating data-driven decision-making, reducing unplanned downtime, and ensuring the seamless operation of industrial facilities.
Integration with Industrial Internet of Things (IIoT) platforms further enhances their functionality, making them indispensable in modern manufacturing and process industries. The pursuit of operational efficiency, cost reduction, and increased productivity is driving industries to invest in smart MCCs that can adapt to dynamic production environments. As a result, the continued growth of industrial automation and digitization serves as a potent driver for the global MCC market.
The global MCC market is significantly influenced by the continual expansion of industrial infrastructure on a global scale. Emerging economies, in particular, are witnessing substantial growth in manufacturing, construction, and various industrial sectors. This expansion translates into a heightened demand for MCCs, which play a critical role in controlling motors and related equipment in industrial applications.
Industries such as oil and gas, mining, automotive, and food and beverage are experiencing increased investments in infrastructure development. As new manufacturing facilities and production lines are established, the need for MCCs to manage motor-driven machinery becomes evident. Moreover, older industrial facilities are undergoing refurbishment and modernization, often involving the replacement of outdated MCCs with technologically advanced and more efficient solutions.
The expanding industrial infrastructure is a driving force behind the growth of the global MCC market. It signifies opportunities for MCC manufacturers and suppliers to provide solutions that cater to the evolving needs of industries as they strive for enhanced operational capabilities and productivity.
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The Global Motor Control Centers Market is segmented into type, voltage, component, end user, and region. Based on type, The Conventional Motor Control Centers segment had the largest market share in 2022 & expected to maintain it in the forecast period. Many industrial facilities have long-standing infrastructure and processes that rely on Conventional MCCs. Replacing these systems with Intelligent MCCs can be a significant undertaking that requires both financial and operational considerations. Therefore, legacy systems often continue to be used even as newer technologies become available.
Conventional MCCs are generally less expensive to purchase and install compared to Intelligent MCCs. For industries operating on tight budgets, cost-effectiveness remains a critical factor in their decision-making process. Conventional MCCs are straightforward to operate and maintain. Industrial personnel who have been working with these systems for years are familiar with their functionality. Transitioning to Intelligent MCCs may require additional training and adjustment, which some organizations may be hesitant to undertake.
In certain applications where complex automation and data analytics are not essential, Conventional MCCs can adequately meet the control and monitoring needs of the facility. If the primary purpose is to start and stop motors and protect against overloads, conventional systems may be sufficient. Some industries, particularly those in highly regulated sectors like pharmaceuticals and chemicals, may be risk-averse when it comes to adopting new technologies. They might prefer the reliability and proven track record of Conventional MCCs to minimize the potential for operational disruptions. Industrial facilities often operate on long-term equipment upgrade cycles. As these cycles progress, organizations may gradually adopt Intelligent MCCs, but the full transition may take time.
Based on voltage, The Medium voltage (MV) segment had the largest market share in 2022 and is projected to experience rapid growth during the forecast period. MV MCCs are typically used in heavy industries such as utilities, oil and gas, mining, and large-scale manufacturing. These industries often require higher voltage levels to power large motors and equipment, making MV MCCs a natural choice. MV MCCs are preferred in infrastructure projects such as power generation plants, substations, and large industrial complexes where the distribution of electricity at medium voltage levels is more efficient over longer distances.
In utilities and power generation, MV MCCs are used to control and distribute electricity to the grid. The grid itself operates at medium voltage, necessitating the use of MV MCCs for compatibility. Industries that rely on large motors with high power requirements, such as the mining and oil and gas sectors, often use MV MCCs because they can handle the higher voltage and current demands of these motors. In some hazardous environments, MV MCCs may be preferred due to their higher safety standards and reduced risk of electrical faults.
Major companies operating in the Global Motor Control Centers Market are:
- Schneider Electric SE
- Siemens AG
- ABB Ltd
- Eaton Corporation plc
- General Electric Company
- Mitsubishi Electric Corporation
- Rockwell Automation Inc
- WEG Industries
- Fuji Electric Co., Ltd
- Gemco Controls
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“The Global Motor Control Centers market is expected to rise in the upcoming years and register a significant CAGR during the forecast period. The global Motor Control Centers (MCC) market is propelled by the relentless march of industrial automation. As industries worldwide embrace automation technologies to optimize production processes and reduce operational costs, the demand for advanced MCCs soars. These control centers serve as the operational nerve center, streamlining the management and protection of electric motors and associated equipment.
The trend toward smarter, more efficient MCCs equipped with remote monitoring, predictive maintenance, and real-time analytics capabilities is driving growth. In this era of Industry 4.0, MCCs are integral to enhancing efficiency, minimizing downtime, and ensuring industrial competitiveness. Therefore, the market of Motor Control Centers is expected to boost in the upcoming years.,” said Mr. Karan Chechi, Research Director with TechSci Research, a research-based management consulting firm.
“Motor Control Centers Market – Global Industry Size, Share, Trends, Opportunity, and Forecast, 2018-2028 Segmented By Type (Conventional Motor Control Centers and Intelligent Motor Control Centers), By Voltage (Low voltage and Medium voltage), By Component (Busbars, Circuit Breakers & Fuses, Overload Relays, Variable Speed Drives, Soft Starters and Others), By End User (Industrial, Commercial and Utilities), By Region, By Competition”, has evaluated the future growth potential of Global Motor Control Centers Market and provides statistics & information on market size, structure and future market growth. The report intends to provide cutting-edge market intelligence and help decision-makers make sound investment decisions., The report also identifies and analyzes the emerging trends along with essential drivers, challenges, and opportunities in the Global Motor Control Centers Market.
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