Report ID: SQMIG25A2190
Report ID:
SQMIG25A2190 |
Region:
Global |
Published Date: April, 2024
Pages:
223
|
Tables:
96 |
Figures:
76
Motor Control Centers Market size was valued at USD 6.25 Billion in 2023 and is poised to grow from USD 6.69 Billion in 2024 to USD 11.49 Billion by 2032, growing at a CAGR of 7% during the forecast period (2025-2032).
The motor control centers market in recent years, part of the industrial and manufacturing category, is an extremely important delivery system that oversees electrical-driven motors.
The spread of industrial automation to various sectors has spurred the development of efficient motor controls. The Motor Control Centers are centralized motor-control systems for use in industrial processes. Today, as an increasing number of businesses focus on saving energy and maintaining sustainability, concerns are gaining greater currency. For example, VFDs can now be included in MCCs to help the motors save energy.
Moreover, the need to meet safety and environmental regulations has become a new motivation for innovation in Motor Control Centers. To ensure safety in industry many manufacturers are turning to products that meet international standards.
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Report ID: SQMIG25A2190