19^th Mar 2020 - The global Intelligent Motor Control Centers (IMCC) Market is expected to display higher growth rate in the upcoming years. Rapid surge in the market is credited to the increasing adoption of low voltage motors in various end-use industries. Smart motor control centers (IMCC) are currently employed in different industries such as chemicals & petrochemicals, paper & pulp, cement, and food and beverage. Globally, market is predicted to generate massive revenue over the forecast period, providing numerous opportunities for industry participants to invest in research and development of motor control centers (MCC).

Increasing number of application of intelligent motor control centers (IMCC) in automobile industry, oil & gas industry, cement manufacturing sector and textile industry, is expected to drive the growth of intelligent motor control centers (IMCC) market over the forecast period. Growing importance towards predictive maintenance of motor is expected to drive the growth of wireless motor monitoring system market over the forecast period. Maintenance & monitoring of industrial low-voltage motor is considered as a high priority task owing to its widespread applications.

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Increasing adoption of high-performing low-voltage motors in variable industrial application is expected to favor the market growth over the forecast period. A smart motor control center helps to monitor several motors from remote or a central locations. A smart motor control center contains several enclosed sections that has a common power bus. Each section has its own combination starter, followed with a combination of motor starters with fuse or circuit breaker, and power disconnect. The motor control centers use push buttons, indicator lights, variable-frequency drives, programmable logic controllers, and metering equipment for easy operations.

The intelligent motor control centers (IMCC) market is broadly categorized into several segments based on the application type such as oil & gas industry, mining & metals industry, power generation sector, chemicals industry, pulp & paper industry, water & waste water industry, food & beverages industry, automotive sector, and ship building & transport sector. Oil & gas industry segment is growing rapidly in the market with substantial revenue generation in the last few years.

Leading Players Analysis covered in these report:

• ABB

• Eaton

• Siemens

• General Electric

• Schneider Electric

• Rockwell Automation

• Fuji Electric

• Vidhyut Control India

• Mitsubishi Electric

• Gemco Controls

• Technical Control Systems

• Hyosung

• WEG

• Lsis

• Larsen & Toubro Limited

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Market split by Sales Channel, can be divided into:

• Direct Channel

• Distribution Channel

Market segment by Region/Country including:

• North America (United States, Canada and Mexico)

• Europe (Germany, UK, France, Italy, Russia and Spain etc.)

• Asia-Pacific (China, Japan, Korea, India, Australia and Southeast Asia etc.)

• South America Brazil, Argentina, Colombia and Chile etc.)

• Middle East & Africa (South Africa, Egypt, Nigeria and Saudi Arabia etc.)

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