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Motor Control Centers Market by Type, Voltage, End-User, Standard, Component, and Region - Global Forecast to 2022

The global motor control centers market is estimated to be USD 4.77 Billion in 2017 and is expected to grow at a CAGR of 5.47%, from 2017 to 2022. A growing demand for industrial automation in developed regions, regulations promoting energy savings across major industries, and the booming power sector and augmented power generation capacities across the world are the major factors driving the motor control centers market.

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Motor Control Centers Market by Type, Voltage, End-User, Standard, Component, and Region - Global Forecast to 2022

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  1. Motor Control Centers Market by Type, Voltage, End-User, Standard, Component, and Region - Global Forecast to 2022 www.MarketsandMarkets.com

  2. The low voltage segment is expected to hold the largest share of the motor control centers market, by voltage, during the forecast period The low voltage segment includes motor control centers of up to 1 kV. The segment is expected to hold the major share due to the widespread adoption of low voltage motors in various industries globally. Low voltage motor control centers are mainly used in the chemicals and petrochemicals, paper and pulp, cement, food and beverage, automobile, oil and gas, cement, and textile industries. The market in Asia-Pacific is the largest for low voltage motor control centers because of rapid industrialization and urbanization in countries such as China and India. All these factors are expected to boost the low voltage motor control centers market. PDF Brochure : https://www.marketsandmarkets.com/pdfdownload.asp?id=227058918

  3. The busbars segment is the largest motor control centers market, by component The busbars segment held the largest share of the motor control centers market in 2016. A busbar is the most important component of a motor control center as it acts as a common voltage point for all electrical equipment connected to the MCC. The increase in the flexibility, efficiency, and reliability of busbars and the elimination of the need for additional wires have led to the rising demand for busbars in the motor control centers market. Busbars are mainly used in utilities to deliver power to buildings and in industrial applications to deliver power to electrical loads. Request for Customization : https://www.marketsandmarkets.com/requestCustomization.asp?id=227058918

  4. Browse >> 82market data tables 73figures 182 pagesand in-depth TOC on “Motor Control Centers Market by Type, Voltage, End-User, Standard, Component, and Region - Global Forecast to 2022” Early buyers will receive 10% customization on this report. This is a Premium Report Priced at US $5650 for single user. Corporate User : US$8150 This study answers several questions for the stakeholders, primarily which market segments to focus on in the next two to five years to prioritize efforts and investments.

  5. Asia-Pacific: The fastest growing market for motor control centers In this report, the motor control centers market has been analyzed with respect to five regions, namely, Asia-Pacific, North America, Europe, South America, and the Middle East & Africa. The market in Asia-Pacific is expected to dominate the global motor control centers market due to the increasing industrialization and electricity demand in the region. The Chinese market is expected to dominate the motor control centers market in Asia-Pacific. The motor control centers markets in countries such as China, India, and Japan are expected to grow at high rates. Increasing power generation capacity additions and industrialization projects in these countries are the main reasons spurring the growth of the motor control centers market. Request Sample @ https://www.marketsandmarkets.com/requestsample.asp?id=227058918

  6. Target Audience: • The target audience of this report includes: • Motor control centers manufacturers, distributors, and suppliers • State and national regulatory authorities • Consulting companies in the energy and power sector • Institutional investors and shareholders  • Environmental research institutes • Process industries and power and energy associations • Government and research organizations • Petroleum companies • Energy efficiency consultancies. • Speak to analyst @ https://www.marketsandmarkets.com/speaktoanalyst.asp?id=227058918

  7. Key players - • To provide an in-depth understanding of the competitive landscape, the report includes profiles of some of the leading players in the Motor Control Centers Market, namely: • ABB, Ltd. (Switzerland), • Schneider Electric SE (France), • Siemens AG (Germany), • Eaton Corporation, • PLC (Ireland), • Rockwell Automation Inc. (U.S.), • General Electric Company (U.S.). • Buy Now : - • https://www.marketsandmarkets.com/Purchase/purchase_report1.asp?id=227058918

  8. Contact:Mr. Shelly SinghMarketsandMarkets™ INC.630 Dundee Road Suite 430 Northbrook, IL 60062 USA : 1-888-600-6441 UK : 44-800-368-9399Email: sales@marketsandmarkets.com

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