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Intelligent Motor Control Center Market Size, Share, Report, Analysis, Trends & Forecast to 2026

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According to Stratistics MRC, the Global Intelligent Motor Control Center Market is accounted for $1.39 billion in 2017 and is expected to reach $3.74 billion by 2026 growing at a CAGR of 11.6% during the forecast period.

— Some of the key factors influencing the market growth include rising level of industrial automation, wide range of benefits offered by Intelligent MCCs over traditional MCCs and augmented focus on developing a well-organized manufacturing/production processes. However, costlier product implementation owing to hidden costs in equipment installation is restraining the market growth.

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Intelligent Motor Control Systems (MCC's) is a mixture of new communication capabilities of incorporated structural design with intelligent motor control devices which help to design solitary solution which helps to manage, defend assets and communicate.

Based on End User, Water & wastewater has significant growth during the forecast period. This growth is attributed to growing urbanization and pressure on efficient use of existing water resources. By Geography, North America is expected to grow at the significant market share over the forecast period in light of growing adoption of mechanization control systems in manufacturing sectors of the U.S. and Canada.

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Some of the key players in global Intelligent Motor Control Center market are Schneider Electric SE, Siemens AG, Emersion Electric Company, Larsen & Toubro Limited, Eaton Corporation, Togami Electric, ABB Limited, Hyosung Corporation, Rockwell Automation Inc, General Electric Co., Pima Controls, Fuji Electric, WEG S.A., Mitsubishi Electric, Gemco Controls, Allis Electric, Vidhyut Control India and Technical Control Systems Limited.

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Operating Voltages Covered:
• Medium-voltage Intelligent MCCs
• Low-voltage Intelligent MCCs
• High-voltage Intelligent MCCs

Key Components Covered:
• Starters & Over Load Relays
• Contactor Relays
• Solid state components
• Variable frequency drives
• Soft Starters
• Visualization Systems
• Network Components
• Software
• Other Key Components

Sales Channels Covered:
• Distribution Channel
• Direct Channel

Standards Covered:
• National Electrical Manufactures Association (NEMA)
• Electro-Technical Commission (IEC)
• Other Standards

End Users Covered:
• Pulp and Paper
• Chemicals/Petrochemicals
• Oil and Gas
• Mining and Metals
• Automotive, Ship Building & Transport
• Power Generation
• Pharmaceutical
• Semiconductor/Electronic Manufacturing
• Food and Beverage
• Other End Users

Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o France
o Italy
o UK
o Spain
o Rest of Europe
• Asia Pacific
o Japan
o China
o India
o Australia
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o Qatar
o South Africa
o Rest of Middle East & Africa

What our report offers:
- Market share assessments for the regional and country level segments
- Market share analysis of the top industry players
- Strategic recommendations for the new entrants
- Market forecasts for a minimum of 9 years of all the mentioned segments, sub segments and the regional markets
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements

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About Stratistics MRC
We offer wide spectrum of research and consulting services with in-depth knowledge of different industries. We are known for customized research services, consulting services and Full Time Equivalent (FTE) services in the research world. We explore the market trends and draw our insights with valid assessments and analytical views. We use advanced techniques and tools among the quantitative and qualitative methodologies to identify the market trends.

Our research reports and publications are routed to help our clients to design their business models and enhance their business growth in the competitive market scenario. We have a strong team with hand-picked consultants including project managers, implementers, industry experts, researchers, research evaluators and analysts with years of experience in delivering the complex projects.

Contact Info:
Name: James Lamb
Email: Send Email
Organization: Stratistics Market Research Consulting Pvt Ltd
Phone: +1-301-202-5929

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Source: MarketersMedia

Release ID: 500779

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