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The global motor control centre market size reached an approximate value of USD 5.21 billion in 2022. The industry is expected to grow at a CAGR of around 5.40% between 2023 and 2028. The market growth is likely to be driven by the increasing demand for automation and energy efficiency in different industries.
Motor control centres refer to an assembly of combination starters that are used in a manufacturing or processing plant. It comprises enclosed panels that are used to control, feed, and protect circuits. These centres can have variable frequency drives and programmable controllers that can enable automation. These controllers can also be the starting point from where electricity is allowed into the facility.
Based on type, the market can be segmented into conventional motors and smart motors. Based on the voltage, it can be bifurcated into low voltage and medium voltage. Based on components, the market bifurcations include overload relays, circuit breakers and fuses, soft starters, busbars, and variable speed drives, among others.
Based on end-use, the market can be divided into oil and gas, iron and steel, minerals and mining, food and beverage, and automotive, among others. The regional markets for the motor control Centre market can be divided into North America, Europe, the Asia Pacific, Latin America, the Middle East and Africa.
The comprehensive EMR report provides an in-depth assessment of the market based on Porter's five forces model along with giving a SWOT analysis. The report gives a detailed analysis of the following key players in the global motor control Centre market, covering their competitive landscape and the latest developments like mergers, acquisitions, investments and expansion plans.
Based on types, the market divisions include conventional motors and smart motors. The smart motor segment is expected to register a high growth rate during the forecast period, owing to increased efficiency and productivity achieved by its utilisation. It is also increasingly being implemented in industries due to the requirement of fewer components when compared to conventional motors.
Based on voltage, the market can be segmented into low voltage and medium voltage.
The low voltage segment is expected to account for a significant share of the market, which can be attributed to the wide scope of adoption in various industries such as food and beverages, paper and pulp, metal and mining, among others industries.
The increasing demand for low-voltage control centres from different industries can significantly enhance the market growth during the forecast period.
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Siemens AG is one of the largest industrial manufacturing companies in the world. It is a German-based conglomerate, headquartered in Munich and Berlin, with multiple branch offices in other countries. The company works with technology in the industrial, infrastructure, transport, and healthcare fields. Their products and services include energy, financing, mobility, software, industrial automation, drive technology, and consumer products, among many others.
ABB Ltd is a global pioneering technology leader that operates to improve productivity and aims to create a sustainable future by improving automation and connecting software with electronics and robotics. It is a Swedish-Swiss multinational corporation headquartered in Zurich, Switzerland, and it was founded in 1988. The products available in the company include control room solutions, drives, motors and generators, robotics, and industrial software, among others.
Mitsubishi Electric Corporation is one of the largest electronics and electronic equipment manufacturing companies headquartered in Tokyo Japan. The company was established in 1921 and it is one of the core companies of Mitsubishi Group. The company has a wide array of products, and they provide services in various fields, including air conditioning systems, automotive equipment, elevators and escalators, energy systems, transportation systems, and factory automation systems, among many others.
Other market players include Siemens AG, ABB Ltd, Mitsubishi Electric Corporation, Schneider Electric, Powell Industries, Rockwell Automation, Inc., and Eaton Corp., among others.
REPORT FEATURES | DETAILS |
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Base Year | 2022 |
Historical Period | 2018-2022 |
Forecast Period | 2023-2028 |
Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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Breakup by Type |
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Breakup by Voltage |
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Breakup by Component |
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Breakup by End Use |
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Breakup by Region |
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Market Dynamics |
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Competitive Landscape |
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Companies Covered |
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*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 Motor Control Centres Market Analysis
8.1 Key Industry Highlights
8.2 Global Motor Control Centres Historical Market (2018-2022)
8.3 Global Motor Control Centres Market Forecast (2023-2028)
8.4 Global Motor Control Centres Market by Type
8.4.1 Conventional Motor
8.4.1.1 Market Share
8.4.1.2 Historical Trend (2018-2022)
8.4.1.3 Forecast Trend (2023-2028)
8.4.2 Smart Motor
8.4.2.1 Market Share
8.4.2.2 Historical Trend (2018-2022)
8.4.2.3 Forecast Trend (2023-2028)
8.5 Global Motor Control Centres Market by Voltage
8.5.1 Low Voltage
8.5.1.1 Market Share
8.5.1.2 Historical Trend (2018-2022)
8.5.1.3 Forecast Trend (2023-2028)
8.5.2 Medium Voltage
8.5.2.1 Market Share
8.5.2.2 Historical Trend (2018-2022)
8.5.2.3 Forecast Trend (2023-2028)
8.6 Global Motor Control Centres Market by Component
8.6.1 Overload Relays
8.6.1.1 Market Share
8.6.1.2 Historical Trend (2018-2022)
8.6.1.3 Forecast Trend (2023-2028)
8.6.2 Circuit Breakers and Fuses
8.6.2.1 Market Share
8.6.2.2 Historical Trend (2018-2022)
8.6.2.3 Forecast Trend (2023-2028)
8.6.3 Soft Starters
8.6.3.1 Market Share
8.6.3.2 Historical Trend (2018-2022)
8.6.3.3 Forecast Trend (2023-2028)
8.6.4 Busbars
8.6.4.1 Market Share
8.6.4.2 Historical Trend (2018-2022)
8.6.4.3 Forecast Trend (2023-2028)
8.6.5 Variable Speed Drives
8.6.5.1 Market Share
8.6.5.2 Historical Trend (2018-2022)
8.6.5.3 Forecast Trend (2023-2028)
8.6.6 Others
8.7 Global Motor Control Centres Market by End Use
8.7.1 Oil and Gas
8.7.1.1 Market Share
8.7.1.2 Historical Trend (2018-2022)
8.7.1.3 Forecast Trend (2023-2028)
8.7.2 Iron and Steel
8.7.2.1 Market Share
8.7.2.2 Historical Trend (2018-2022)
8.7.2.3 Forecast Trend (2023-2028)
8.7.3 Minerals and Mining
8.7.3.1 Market Share
8.7.3.2 Historical Trend (2018-2022)
8.7.3.3 Forecast Trend (2023-2028)
8.7.4 Food and Beverage
8.7.4.1 Market Share
8.7.4.2 Historical Trend (2018-2022)
8.7.4.3 Forecast Trend (2023-2028)
8.7.5 Automotive
8.7.5.1 Market Share
8.7.5.2 Historical Trend (2018-2022)
8.7.5.3 Forecast Trend (2023-2028)
8.7.6 Others
8.8 Global Motor Control Centres Market by Region
8.8.1 North America
8.8.1.1 Market Share
8.8.1.2 Historical Trend (2018-2022)
8.8.1.3 Forecast Trend (2023-2028)
8.8.2 Europe
8.8.2.1 Market Share
8.8.2.2 Historical Trend (2018-2022)
8.8.2.3 Forecast Trend (2023-2028)
8.8.3 Asia Pacific
8.8.3.1 Market Share
8.8.3.2 Historical Trend (2018-2022)
8.8.3.3 Forecast Trend (2023-2028)
8.8.4 Latin America
8.8.4.1 Market Share
8.8.4.2 Historical Trend (2018-2022)
8.8.4.3 Forecast Trend (2023-2028)
8.8.5 Middle East and Africa
8.8.5.1 Market Share
8.8.5.2 Historical Trend (2018-2022)
8.8.5.3 Forecast Trend (2023-2028)
9 North America Market Analysis
9.1 United States of America
9.1.1 Market Share
9.1.2 Historical Trend (2018-2022)
9.1.3 Forecast Trend (2023-2028)
9.2 Canada
9.2.1 Market Share
9.2.2 Historical Trend (2018-2022)
9.2.3 Forecast Trend (2023-2028)
10 Europe Market Analysis
10.1 United Kingdom
10.1.1 Market Share
10.1.2 Historical Trend (2018-2022)
10.1.3 Forecast Trend (2023-2028)
10.2 Germany
10.2.1 Market Share
10.2.2 Historical Trend (2018-2022)
10.2.3 Forecast Trend (2023-2028)
10.3 France
10.3.1 Market Share
10.3.2 Historical Trend (2018-2022)
10.3.3 Forecast Trend (2023-2028)
10.4 Italy
10.4.1 Market Share
10.4.2 Historical Trend (2018-2022)
10.4.3 Forecast Trend (2023-2028)
10.5 Others
11 Asia Pacific Market Analysis
11.1 China
11.1.1 Market Share
11.1.2 Historical Trend (2018-2022)
11.1.3 Forecast Trend (2023-2028)
11.2 Japan
11.2.1 Market Share
11.2.2 Historical Trend (2018-2022)
11.2.3 Forecast Trend (2023-2028)
11.3 India
11.3.1 Market Share
11.3.2 Historical Trend (2018-2022)
11.3.3 Forecast Trend (2023-2028)
11.4 ASEAN
11.4.1 Market Share
11.4.2 Historical Trend (2018-2022)
11.4.3 Forecast Trend (2023-2028)
11.5 Australia
11.5.1 Market Share
11.5.2 Historical Trend (2018-2022)
11.5.3 Forecast Trend (2023-2028)
11.6 Others
12 Latin America Market Analysis
12.1 Brazil
12.1.1 Market Share
12.1.2 Historical Trend (2018-2022)
12.1.3 Forecast Trend (2023-2028)
12.2 Argentina
12.2.1 Market Share
12.2.2 Historical Trend (2018-2022)
12.2.3 Forecast Trend (2023-2028)
12.3 Mexico
12.3.1 Market Share
12.3.2 Historical Trend (2018-2022)
12.3.3 Forecast Trend (2023-2028)
12.4 Others
13 Middle East and Africa Market Analysis
13.1 Saudi Arabia
13.1.1 Market Share
13.1.2 Historical Trend (2018-2022)
13.1.3 Forecast Trend (2023-2028)
13.2 United Arab Emirates
13.2.1 Market Share
13.2.2 Historical Trend (2018-2022)
13.2.3 Forecast Trend (2023-2028)
13.3 Nigeria
13.3.1 Market Share
13.3.2 Historical Trend (2018-2022)
13.3.3 Forecast Trend (2023-2028)
13.4 South Africa
13.4.1 Market Share
13.4.2 Historical Trend (2018-2022)
13.4.3 Forecast Trend (2023-2028)
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 Competitive Landscape
15.1 Market Structure
15.2 Company Profiles
15.2.1 Siemens AG
15.2.1.1 Company Overview
15.2.1.2 Product Portfolio
15.2.1.3 Demographic Reach and Achievements
15.2.1.4 Certifications
15.2.2 ABB Ltd
15.2.2.1 Company Overview
15.2.2.2 Product Portfolio
15.2.2.3 Demographic Reach and Achievements
15.2.2.4 Certifications
15.2.3 Mitsubishi Electric Corporation
15.2.3.1 Company Overview
15.2.3.2 Product Portfolio
15.2.3.3 Demographic Reach and Achievements
15.2.3.4 Certifications
15.2.4 Schneider Electric
15.2.4.1 Company Overview
15.2.4.2 Product Portfolio
15.2.4.3 Demographic Reach and Achievements
15.2.4.4 Certifications
15.2.5 Powell Industries
15.2.5.1 Company Overview
15.2.5.2 Product Portfolio
15.2.5.3 Demographic Reach and Achievements
15.2.5.4 Certifications
15.2.6 Rockwell Automation, Inc.
15.2.6.1 Company Overview
15.2.6.2 Product Portfolio
15.2.6.3 Demographic Reach and Achievements
15.2.6.4 Certifications
15.2.7 Eaton Corp.
15.2.7.1 Company Overview
15.2.7.2 Product Portfolio
15.2.7.3 Demographic Reach and Achievements
15.2.7.4 Certifications
15.2.8 Others
16 Key Trends and Developments in the Market
List of Key Figures and Tables
1. Global Motor Control Centres Market: Key Industry Highlights, 2018 and 2028
2. Global Motor Control Centres Historical Market: Breakup by Type (USD Billion), 2018-2022
3. Global Motor Control Centres Market Forecast: Breakup by Type (USD Billion), 2023-2028
4. Global Motor Control Centres Historical Market: Breakup by Voltage (USD Billion), 2018-2022
5. Global Motor Control Centres Market Forecast: Breakup by Voltage (USD Billion), 2023-2028
6. Global Motor Control Centres Historical Market: Breakup by Component (USD Billion), 2018-2022
7. Global Motor Control Centres Market Forecast: Breakup by Component (USD Billion), 2023-2028
8. Global Motor Control Centres Historical Market: Breakup by End Use (USD Billion), 2018-2022
9. Global Motor Control Centres Market Forecast: Breakup by End Use (USD Billion), 2023-2028
10. Global Motor Control Centres Historical Market: Breakup by Region (USD Billion), 2018-2022
11. Global Motor Control Centres Market Forecast: Breakup by Region (USD Billion), 2023-2028
12. North America Motor Control Centres Historical Market: Breakup by Country (USD Billion), 2018-2022
13. North America Motor Control Centres Market Forecast: Breakup by Country (USD Billion), 2023-2028
14. Europe Motor Control Centres Historical Market: Breakup by Country (USD Billion), 2018-2022
15. Europe Motor Control Centres Market Forecast: Breakup by Country (USD Billion), 2023-2028
16. Asia Pacific Motor Control Centres Historical Market: Breakup by Country (USD Billion), 2018-2022
17. Asia Pacific Motor Control Centres Market Forecast: Breakup by Country (USD Billion), 2023-2028
18. Latin America Motor Control Centres Historical Market: Breakup by Country (USD Billion), 2018-2022
19. Latin America Motor Control Centres Market Forecast: Breakup by Country (USD Billion), 2023-2028
20. Middle East and Africa Motor Control Centres Historical Market: Breakup by Country (USD Billion), 2018-2022
21. Middle East and Africa Motor Control Centres Market Forecast: Breakup by Country (USD Billion), 2023-2028
22. Global Motor Control Centres Market Structure
The global market for motor control centre reached a size of USD 5.21 billion in 2022.
The market is expected to grow at a CAGR of 5.40% during the forecast period of 2023-2028.
The market is driven by the growing demand for automation by various industries and the rising utilisation of motor control centres for efficiency and productivity.
The developing market in emerging nations and increasing efforts by key players to introduce new products with technological advancements is expected to deliver new growth opportunities to the market.
The regional markets for the global motor control centre market include North America, Europe, the Asia Pacific, Latin America, the Middle East and Africa.
The types of motor control centre available in the market include conventional motors and smart motors.
The voltages available for motor control centres include low voltage and medium voltage.
The different components of motor control centres include overload relays, circuit breakers and fuses, soft starters, busbars, and variable speed drives, among others.
The motor control centre finds extensive end-uses in oil and gas, iron and steel, minerals and mining, food and beverage, and automotive, among others.
The key players in the market include Siemens AG, ABB Ltd, Mitsubishi Electric Corporation, Schneider Electric, Powell Industries, Rockwell Automation, Inc., and Eaton Corp., among others.
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