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Intelligent Motor Control Centers (IMCC) Market Size, Growth Prospect and Analysis till 2022

The global Intelligent Motor Control Centers (IMCC) Market is expected to display higher growth rate in the upcoming years. Rapid surge in the market is credited to the increasing adoption of low voltage motors in various end-use industries. Smart motor control centers (IMCC) are currently employed in different industries such as chemicals & petrochemicals, paper & pulp, cement, and food and beverage. Globally, market is predicted to generate massive revenue over the forecast period, providing numerous opportunities for industry participants to invest in research and development of motor control centers (MCC).

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Intelligent Motor Control Centers (IMCC) Market Size, Growth Prospect and Analysis till 2022

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  1. Intelligent Motor Control Centers (IMCC) Market Size, Growth Prospect and Analysis till 2022 “Increasing number of application of intelligent motor control centers (IMCC) in automobile industry, oil & gas industry, cement manufacturing sector and textile industry, is expected to drive the growth of intelligent motor control centers (IMCC) market over the forecast period.” The global Intelligent Motor Control Centers (IMCC) Market is expected to display higher growth rate in the upcoming years. Rapid surge in the market is credited to the increasing adoption of low voltage motors in various end-use industries. Smart motor control centers (IMCC) are currently employed in different industries such as chemicals & petrochemicals, paper & pulp, cement, and food and beverage. Globally, market is predicted to generate massive revenue over the forecast period, providing numerous opportunities for industry participants to invest in research and development of motor control centers (MCC). Increasing number of application of intelligent motor control centers (IMCC) in automobile industry, oil & gas industry, cement manufacturing sector and textile industry, is expected to drive the growth of intelligent motor control centers (IMCC) market over the forecast period. Growing importance towards predictive maintenance of motor is expected to drive the growth of wireless motor monitoring system market over the forecast period. Maintenance & monitoring of industrial low-voltage motor is considered as a high priority task owing to its widespread applications. Browse Full Research Report @ https://www.millioninsights.com/industry-reports/intelligent-motor-control-centers-imcc-market Increasing adoption of high-performing low-voltage motors in variable industrial application is expected to favor the market growth over the forecast period. A smart motor control center helps to monitor several motors from remote or a central locations. A smart motor control center contains several enclosed sections that has a common power bus. Each section has its own combination starter, followed with a combination of motor starters with fuse

  2. or circuit breaker, and power disconnect. The motor control centers use push buttons, indicator lights, variable- frequency drives, programmable logic controllers, and metering equipment for easy operations. The intelligent motor control centers (IMCC) market is broadly categorized into several segments based on the application type such as oil & gas industry, mining & metals industry, power generation sector, chemicals industry, pulp & paper industry, water & waste water industry, food & beverages industry, automotive sector, and ship building & transport sector. Oil & gas industry segment is growing rapidly in the market with substantial revenue generation in the last few years. The IMCC market is divided by region as North America, Europe, Asia-Pacific, Latin America and Africa. North America has shown major growth in the recent years owing to the rising implementation of latest technologies in industrial automation sector, surging number of research & development activities and existence of well- established manufacturing infrastructure in the region. In European region, Germany, France, and United Kingdom are projected to witness steady growth over the coming years. Asia-Pacific region is estimated to hold a major share in the market with massive growth in the forecast period. Countries such as India, China and Singapore are leading the Asia-Pacific market with strong economic growth, rising awareness level among small and medium-sized businesses, growing number of manufacturing activities, and significant investment by leading industry players considering potential growth opportunities in the region. The key players in the intelligent motor control centers (IMCC) market are Rockwell Automation, Inc., ABB Group, Schneider Electric SE, Siemens AG, Mitsubishi Electric Corp., Eaton Corp., Allis Electric Co., Ltd., Larsen & Toubro Ltd., Pima Controls Ltd., and Togami Electric Ltd. Request Sample Copy of This Report @ https://www.millioninsights.com/industry-reports/intelligent-motor-control-centers-imcc-market/request-sample Market Segment: Leading players of Intelligent Motor Control Centers (IMCC) including: • ABB • Eaton • Siemens • General Electric • Schneider Electric • Rockwell Automation • Fuji Electric

  3. • Vidhyut Control India • Mitsubishi Electric • Gemco Controls • Technical Control Systems • Hyosung • WEG • Lsis • Larsen & Toubro Limited Market split by Type, can be divided into: • Low Voltage IMCC • Medium Voltage IMCC • High Voltage IMCC Market split by Application, can be divided into: • Oil & Gas • Power Generation • Mining & Metal • Automotive • Pulp and Paper • Others Market split by Sales Channel, can be divided into: • Direct Channel • Distribution Channel Market segment by Region/Country including: • North America (United States, Canada and Mexico)

  4. • Europe (Germany, UK, France, Italy, Russia and Spain etc.) • Asia-Pacific (China, Japan, Korea, India, Australia and Southeast Asia etc.) • South America Brazil, Argentina, Colombia and Chile etc.) • Middle East & Africa (South Africa, Egypt, Nigeria and Saudi Arabia etc.) See More Reports of This Category by Million Insights @ https://www.millioninsights.com/industry/industrial-automation

  5. Get in touch At Million Insights, we work with the aim to reach the highest levels of customer satisfaction. Our representatives strive to understand diverse client requirements and cater to the same with the most innovative and functional solutions. Contact Person: Ryan Manuel Research Support Specialist, USA Email: ryan@millioninsights.com Global Headquarters Asia Pacific Million Insights Million Insights Felton Office Plaza 6265 Highway 9 Felton, California 95018, United States Office No. 302, 3rd Floor, Manikchand Galleria, Model Colony, Shivaji Nagar, Pune, MH, 411016 India Phone: 1-408-610-2300 Email: sales@millioninsights.com Phone: 91-20-65300184 Email: sales@millioninsights.com Visit Our Blog: www.millioninsights.blogspot.com

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