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Low Voltage Motor Control Centre Market

Global Low Voltage Motor Control Centre Market Size, Report: By Type: Traditional MCC, Intelligent MCC; By End-User Industry: Oil and Gas, Metal and Mining, Power Generation, Automotive and Transportation, Chemicals and Petrochemicals, Water and Wastewater, Others; Regional Analysis; Competitive Landscape; 2024-2032

Global Low Voltage Motor Control Centre Market Outlook

The global market for low-voltage motor control centres reached a value of about USD 4.08 billion in 2023. The industry is further expected to grow at a CAGR of about 3.4% in the forecast period of 2024-2032 to reach a value of around USD 5.52 billion by 2032.

 

low-voltage-motor-control-centre-market

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Asia Pacific to be a Significant Regional Market for Low Voltage Motor Control Centre

The market in the Asia Pacific region is expected to lead the global low voltage motor control centre market and is projected to grow at the highest CAGR during the forecast period of 2024-2032. Increased industrialisation, urbanisation, and rising electricity demand are the factors driving the market expansion in this region. China, India, Japan, and Australia are the most important markets for low voltage motor control centres in the Asia Pacific region. The low voltage motor control centres market in the Asia Pacific is predicted to be driven by rising investments in the water and wastewater industry and expanding infrastructural developments in the region. Also, the increasing power generation capacity addition, strong governmental initiatives, and ongoing projects will propel the market in the Asia Pacific region. Asian countries are experiencing a factory automation shift to make manufacturing processes more efficient and reduce defect rates. The Korean government, for instance, is focusing on smart manufacturing, with the goal of having 30,000 fully automated manufacturing enterprises by 2025. The government intends to accomplish this by using cutting-edge automation, data exchange, and Internet of Things (IoT) technology.

 

Market Segmentations

A motor control centre is a piece of equipment that allows you to operate several motors from a single place. A motor control centre is a collection of one or more enclosed sections connected by a common power bus and containing primarily motor control modules. This sort of motor control centre is perfect for combining electrical motor control, power distribution, and automation into a small and cost-effective container.

 

low-voltage-motor-control-centre-market-by-segmentation

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Based on type, the low voltage motor control centre market is divided into:

  • Traditional MCC
  • Intelligent MCC

The several end-user industries of the market are:

  • Oil and Gas
  • Metal and Mining
  • Power Generation
  • Automotive and Transportation
  • Chemicals and Petrochemicals
  • Water and Wastewater
  • Food and Beverages
  • Others

The regional markets for the low voltage motor control centre market can be divided into North America, Europe, the Asia Pacific, Latin America, the Middle East and Africa.

 

low-voltage-motor-control-centre-market-by-region

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Ongoing Trends in Industrial Automation Propelling the Market Growth

The factors contributing to the growth of the global low voltage motor control centres market include the penetration of industrial automation in emerging economies, improved industrial plant uptime, and growing power generation capacities. During the times of continuous technological developments, rising industrialisation, urbanisation, and enhancement in existing industrial infrastructure are expected to offer significant opportunities to the manufacturers of low voltage motor control centres for their greater application and will further aid the low voltage motor control centres market growth.

In oil and gas refineries, low voltage motor control centres are used to centrally regulate the electric motors that drive various industrial processes such as pumping, production and processing, air compressors, and drilling, among others. As a result, several global companies are adding new features to their low voltage motor solutions to cater to a wide range of applications. For example, ABB introduced new low voltage IEC (LV) flameproof motors in frame sizes 80-132 in June 2019, which offer the same safety and efficiency advantages as the company's larger products. These motors were created by the business for use in hazardous and explosive oil and gas situations, such as offshore oil rigs.

 

Key Players in the Global Market for Low Voltage Motor Control Centre

The report gives a detailed analysis of the following key players in the global low voltage motor control centre market, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:

  • Tesco Controls Inc.
  • Mitsubishi Electric Corporation
  • Allis Electric Co Ltd
  • Eaton Corporation PLC
  • Rockwell Automation Inc.
  • Siemens AG
  • ABB’s Electrification
  • Others

The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis.

 

Key Highlights of the Report

REPORT FEATURES DETAILS
Base Year 2023
Historical Period 2018-2023
Forecast Period 2024-2032
Scope of the Report

Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:

  • Type
  • End-User Industry
  • Region
Breakup by Type
  • Traditional MCC
  • Intelligent MCC
Breakup by End-User Industry
  • Oil and Gas
  • Metal and Mining
  • Power Generation
  • Automotive and Transportation
  • Chemicals and Petrochemicals
  • Water and Wastewater
  • Food and Beverages
  • Others
Breakup by Region
  • North America
    • United States of America 
    • Canada
  • Europe
    • United Kingdom
    • Germany
    • France
    • Italy
    • Others
  • Asia Pacific
    • China
    • Japan
    • India
    • ASEAN
    • Australia
    • Others
  • Latin America
    • Brazil
    • Argentina
    • Mexico
    • Others
  • Middle East and Africa
    • Saudi Arabia
    • United Arab Emirates
    • Nigeria
    • South Africa
    • Others
Market Dynamics
  • SWOT
  • Porter's Five Forces
  • Key Indicators for Demand
  • Key Indicators for Price
Competitive Landscape
  • Market Structure
  • Company Profiles
    • Company Overview
    • Product Portfolio
    • Demographic Reach and Achievements
    • Certifications
Companies Covered
  • Tesco Controls Inc.
  • Mitsubishi Electric Corporation
  • Allis Electric Co Ltd
  • Eaton Corporation PLC
  • Rockwell Automation Inc.
  • Siemens AG
  • ABB’s Electrification
  • Others
Report Price and Purchase Option Explore our purchase options that are best suited to your resources and industry needs.
Delivery Format Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option.

 

*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.

1    Preface 
2    Report Coverage – Key Segmentation and Scope
3    Report Description

    3.1    Market Definition and Outlook
    3.2    Properties and Applications
    3.3    Market Analysis
    3.4    Key Players
4    Key Assumptions
5    Executive Summary

    5.1    Overview
    5.2    Key Drivers
    5.3    Key Developments  
    5.4    Competitive Structure
    5.5    Key Industrial Trends
6    Market Snapshot
    6.1    Global
    6.2    Region
7    Opportunities and Challenges in the Market
8    Global Low Voltage Motor Control Center Market Analysis

    8.1    Key Industry Highlights
    8.2    Global Low Voltage Motor Control Center Historical Market (2018-2023) 
    8.3    Global Low Voltage Motor Control Center Market Forecast (2024-2032)
    8.4    Global Low Voltage Motor Control Center Market by Type
        8.4.1    Traditional MCC
            8.4.1.1    Historical Trend (2018-2023)
            8.4.1.2    Forecast Trend (2024-2032)
        8.4.2    Intelligent MCC
            8.4.2.1    Historical Trend (2018-2023)
            8.4.2.2    Forecast Trend (2024-2032)
    8.5    Global Low Voltage Motor Control Center Market by End-User Industry
        8.5.1    Oil and Gas
            8.5.1.1    Historical Trend (2018-2023)
            8.5.1.2    Forecast Trend (2024-2032)
        8.5.2    Metal and Mining
            8.5.2.1    Historical Trend (2018-2023)
            8.5.2.2    Forecast Trend (2024-2032)
        8.5.3    Power Generation
            8.5.3.1    Historical Trend (2018-2023)
            8.5.3.2    Forecast Trend (2024-2032)
        8.5.4    Automotive and Transportation
            8.5.4.1    Historical Trend (2018-2023)
            8.5.4.2    Forecast Trend (2024-2032)
        8.5.5    Chemicals and Petrochemicals
            8.5.5.1    Historical Trend (2018-2023)
            8.5.5.2    Forecast Trend (2024-2032)
        8.5.6    Water and Wastewater
            8.5.6.1    Historical Trend (2018-2023)
            8.5.6.2    Forecast Trend (2024-2032)
        8.5.7    Food and Beverages
            8.5.7.1    Historical Trend (2018-2023)
            8.5.7.2    Forecast Trend (2024-2032)
        8.5.8    Others    
   8.6    Global Low Voltage Motor Control Center Market by Region
        8.6.1    North America
            8.6.1.1    Historical Trend (2018-2023) 
            8.6.1.2    Forecast Trend (2024-2032)
        8.6.2    Europe
            8.6.2.1    Historical Trend (2018-2023) 
            8.6.2.2    Forecast Trend (2024-2032)
        8.6.3    Asia Pacific
            8.6.3.1    Historical Trend (2018-2023) 
            8.6.3.2    Forecast Trend (2024-2032)
        8.6.4    Latin America
            8.6.4.1    Historical Trend (2018-2023) 
            8.6.4.2    Forecast Trend (2024-2032)
        8.6.5    Middle East and Africa
            8.6.5.1    Historical Trend (2018-2023) 
            8.6.5.2    Forecast Trend (2024-2032)
9    North America Low Voltage Motor Control Center Market Analysis
    9.1    United States of America 
        9.1.1    Historical Trend (2018-2023) 
        9.1.2    Forecast Trend (2024-2032)
    9.2    Canada
        9.2.1    Historical Trend (2018-2023) 
        9.2.2    Forecast Trend (2024-2032)
10    Europe Low Voltage Motor Control Center Market Analysis
    10.1    United Kingdom
        10.1.1    Historical Trend (2018-2023) 
        10.1.2    Forecast Trend (2024-2032)
    10.2    Germany
        10.2.1    Historical Trend (2018-2023) 
        10.2.2    Forecast Trend (2024-2032)
    10.3    France
        10.3.1    Historical Trend (2018-2023) 
        10.3.2    Forecast Trend (2024-2032)
    10.4    Italy
        10.4.1    Historical Trend (2018-2023) 
        10.4.2    Forecast Trend (2024-2032)
    10.5    Others
11    Asia Pacific Low Voltage Motor Control Center Market Analysis
    11.1    China
        11.1.1    Historical Trend (2018-2023) 
        11.1.2    Forecast Trend (2024-2032)
    11.2    Japan
        11.2.1    Historical Trend (2018-2023) 
        11.2.2    Forecast Trend (2024-2032)
    11.3    India
        11.3.1    Historical Trend (2018-2023) 
        11.3.2    Forecast Trend (2024-2032)
    11.4    ASEAN
        11.4.1    Historical Trend (2018-2023) 
        11.4.2    Forecast Trend (2024-2032)
    11.5    Australia
        11.5.1    Historical Trend (2018-2023) 
        11.5.2    Forecast Trend (2024-2032)
    11.6    Others
12    Latin America Low Voltage Motor Control Center Market Analysis
    12.1    Brazil
        12.1.1    Historical Trend (2018-2023) 
        12.1.2    Forecast Trend (2024-2032)
    12.2    Argentina
        12.2.1    Historical Trend (2018-2023) 
        12.2.2    Forecast Trend (2024-2032)
    12.3    Mexico
        12.3.1    Historical Trend (2018-2023) 
        12.3.2    Forecast Trend (2024-2032)
    12.4    Others
13    Middle East and Africa Low Voltage Motor Control Center Market Analysis
    13.1    Saudi Arabia
        13.1.1    Historical Trend (2018-2023) 
        13.1.2    Forecast Trend (2024-2032)
    13.2    United Arab Emirates
        13.2.1    Historical Trend (2018-2023) 
        13.2.2    Forecast Trend (2024-2032)
    13.3    Nigeria
        13.3.1    Historical Trend (2018-2023) 
        13.3.2    Forecast Trend (2024-2032)
    13.4    South Africa
        13.4.1    Historical Trend (2018-2023) 
        13.4.2    Forecast Trend (2024-2032)
    13.5    Others
14    Market Dynamics
    14.1    SWOT Analysis
        14.1.1    Strengths
        14.1.2    Weaknesses
        14.1.3    Opportunities
        14.1.4    Threats
    14.2    Porter’s Five Forces Analysis
        14.2.1    Supplier’s Power
        14.2.2    Buyer’s Power
        14.2.3    Threat of New Entrants
        14.2.4    Degree of Rivalry
        14.2.5    Threat of Substitutes
    14.3    Key Indicators for Demand
    14.4    Key Indicators for Price
15    Value Chain Analysis
16    Competitive Landscape

    16.1    Market Structure
    16.2    Company Profiles
        16.2.1    Tesco Controls Inc.
            16.2.1.1    Company Overview
            16.2.1.2    Product Portfolio
            16.2.1.3    Demographic Reach and Achievements
            16.2.1.4    Certifications
        16.2.2    Mitsubishi Electric Corporation
            16.2.2.1    Company Overview
            16.2.2.2    Product Portfolio
            16.2.2.3    Demographic Reach and Achievements
            16.2.2.4    Certifications
        16.2.3    Allis Electric Co Ltd
            16.2.3.1    Company Overview
            16.2.3.2    Product Portfolio
            16.2.3.3    Demographic Reach and Achievements
            16.2.3.4    Certifications
        16.2.4    Eaton Corporation PLC
            16.2.4.1    Company Overview
            16.2.4.2    Product Portfolio
            16.2.4.3    Demographic Reach and Achievements
            16.2.4.4    Certifications
        16.2.5    Rockwell Automation Inc.
            16.2.5.1    Company Overview
            16.2.5.2    Product Portfolio
            16.2.5.3    Demographic Reach and Achievements
            16.2.5.4    Certifications
        16.2.6    Siemens AG
            16.2.6.1    Company Overview
            16.2.6.2    Product Portfolio
            16.2.6.3    Demographic Reach and Achievements
            16.2.6.4    Certifications
        16.2.7    ABB’s Electrification
            16.2.7.1    Company Overview
            16.2.7.2    Product Portfolio
            16.2.7.3    Demographic Reach and Achievements
            16.2.7.4    Certifications
        16.2.8    Others
17    Key Trends and Developments in the Market

 

List of Key Figures and Tables

1.    Global Low Voltage Motor Control Center Market: Key Industry Highlights, 2018 and 2032
2.    Global Low Voltage Motor Control Center Historical Market: Breakup by Type (USD Billion), 2018-2023
3.    Global Low Voltage Motor Control Center Market Forecast: Breakup by Type (USD Billion), 2024-2032
4.    Global Low Voltage Motor Control Center Historical Market: Breakup by End-User Industry (USD Billion), 2018-2023
5.    Global Low Voltage Motor Control Center Market Forecast: Breakup by End-User Industry (USD Billion), 2024-2032
6.    Global Low Voltage Motor Control Center Historical Market: Breakup by Region (USD Billion), 2018-2023
7.    Global Low Voltage Motor Control Center Market Forecast: Breakup by Region (USD Billion), 2024-2032
8.    North America Low Voltage Motor Control Center Historical Market: Breakup by Country (USD Billion), 2018-2023
9.    North America Low Voltage Motor Control Center Market Forecast: Breakup by Country (USD Billion), 2024-2032
10.    Europe Low Voltage Motor Control Center Historical Market: Breakup by Country (USD Billion), 2018-2023
11.    Europe Low Voltage Motor Control Center Market Forecast: Breakup by Country (USD Billion), 2024-2032
12.    Asia Pacific Low Voltage Motor Control Center Historical Market: Breakup by Country (USD Billion), 2018-2023
13.    Asia Pacific Low Voltage Motor Control Center Market Forecast: Breakup by Country (USD Billion), 2024-2032
14.    Latin America Low Voltage Motor Control Center Historical Market: Breakup by Country (USD Billion), 2018-2023
15.    Latin America Low Voltage Motor Control Center Market Forecast: Breakup by Country (USD Billion), 2024-2032
16.    Middle East and Africa Low Voltage Motor Control Center Historical Market: Breakup by Country (USD Billion), 2018-2023
17.    Middle East and Africa Low Voltage Motor Control Center Market Forecast: Breakup by Country (USD Billion), 2024-2032
18.    Global Low Voltage Motor Control Center Market Structure.

Key Questions Answered in the Report

In 2023, the global low voltage motor control centre market attained a value of nearly USD 4.08 billion.

The market is projected to grow at a CAGR of 3.4% between 2024 and 2032.

The market is estimated to witness healthy growth in the forecast period of 2024-2032 to reach USD 5.52 billion by 2032.

The major drivers of the market include strong governmental initiatives, technological developments, rising industrialisation, urbanisation, and enhancement of existing industrial infrastructure.

The increasing penetration of industrial automation in emerging economies and growing power generation capacities are the key industry trends propelling the growth of the market.

The major regions in the industry are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.

Based on type, the market is divided into traditional MCC and intelligent MCC.

The several end-user industries of the market are oil and gas, power generation, metal and mining, automotive and transportation, water and wastewater, chemicals and petrochemicals, and food and beverages, among others.

The major players in the industry 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.

Analyst Review

The global low voltage motor control centre market attained a value of USD 4.08 billion in 2023, driven by the increasing penetration of industrial automation. Aided by the rising industrialisation and growing power generation capacities, the market is expected to grow at a CAGR of 3.4% in the forecast period of 2024-2032. The market is projected to reach USD 5.52 billion by 2032.

EMR’s meticulous research methodology delves deep into the market, covering the macro and micro aspects of the industry. Based on type, the market is divided into traditional MCC and intelligent MCC. The several end-user industries of the market are oil and gas, metal and mining, power generation, automotive and transportation, chemicals and petrochemicals, water and wastewater, and food and beverages, among others. The major regional markets for the low voltage motor control centre are North America, Europe, the Asia Pacific, Latin America, the Middle East and Africa. The key players in the above 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.

EMR’s research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable, and help them remain ahead of their competition.

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