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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
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.
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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