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The growing demand for intelligent MCC to enhance the accessibility to data, optimise the performance of facilities and power systems, and boost decision-making processes is fuelling the market growth. Low installation costs, reduced engineering time, ease of modification, and detailed diagnostics offered by intelligent MCC are anticipated to significantly surge its demand.
Original equipment manufacturers (OEMs), contractors, and engineers are increasingly adopting intelligent motor control centres to boost project timelines, reduce cost, gain valuable insights, and enhance personnel safety, which is expected to bolster the market growth. Technological advancements and innovations in intelligent MCC to enable the visualisation of diagnostic issues are likely to further propel the growth of the low voltage motor control centre market in the forecast period.
ABB’s Electrification (NYSE: ABB), one of the leading companies in the market, announced the launch of ReliaGear™ LV MCC, its latest low voltage motor control centre, in February 2021. The product is designed for safety and is created to meet consumer requirements across a wide range of applications, focusing on smart MCC solutions. It is engineered for use in demanding applications in various industries such as mining and metals, pulp and paper, utility, oil and gas, chemical, water and wastewater, and mass-production manufacturing. It provides a smarter, safer, and more sustainable solution to control and protect motors.
As the product features a retractable stab mechanism, it ensures the safety of operators from potential arc flash hazards and allows for close-door racking. Moreover, its ACS580 variable frequency drives are compatible with various fieldbus protocols for easy integration with other systems.
The major players in the global market are Tesco Controls Inc., Mitsubishi Electric Corporation, Allis Electric Co Ltd, Eaton Corporation PLC, Rockwell Automation Inc., Siemens AG, and ABB’s Electrification, among others. The comprehensive report by EMR looks into the market share, capacity, and latest developments like mergers and acquisitions, plant turnarounds, and capacity expansions of the major players.
*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.
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