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Low Voltage Motor Control Centers - Global Market Trajectory & Analytics

  • ID: 4805583
  • Report
  • July 2020
  • Region: Global
  • 377 pages
  • Global Industry Analysts, Inc
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FEATURED COMPANIES

  • Abb Group
  • Eaton Corporation Plc
  • Fuji Electric
  • General Electric Company
  • Larsen & Toubro
  • Lsis
  • MORE
Global Low Voltage Motor Control Centers Market to Reach US$4.8 Billion by the Year 2027

Amid the COVID-19 crisis, the global market for Low Voltage Motor Control Centers estimated at US$3.5 Billion in the year 2020, is projected to reach a revised size of US$4.8 Billion by 2027, growing at a CAGR of 4.5% over the period 2020-2027.Intelligent, one of the segments analyzed in the report, is projected to grow at a 4.8% CAGR to reach US$2.9 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Conventional segment is readjusted to a revised 4% CAGR for the next 7-year period. This segment currently accounts for a 41.6% share of the global Low Voltage Motor Control Centers market.

The U. S. Accounts for Over 27.1% of Global Market Size in 2020, While China is Forecast to Grow at a 7% CAGR for the Period of 2020-2027

The Low Voltage Motor Control Centers market in the U. S. is estimated at US$952 Million in the year 2020. The country currently accounts for a 27.11% share in the global market. China, the world second largest economy, is forecast to reach an estimated market size of US$968 Million in the year 2027 trailing a CAGR of 7% through 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 2.4% and 4.1% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 2.8% CAGR while Rest of European market (as defined in the study) will reach US$968 Million by the year 2027.The publisher brings years of research experience to this 8th edition of our report. The 377-page report presents concise insights into how the pandemic has impacted production and the buy side for 2020 and 2021. A short-term phased recovery by key geography is also addressed.

Competitors identified in this market include, among others
  • ABB Ltd.
  • Eaton Corporation PLC
  • Fuji Electric Co., Ltd.
  • General Electric Company
  • Larsen & Toubro Ltd.
  • LSIS Co., Ltd.
  • Mitsubishi Electric Corporation
  • Rockwell Automation, Inc.
  • Schneider Electric SA
  • Siemens AG
  • Technical Control Systems, Ltd.
  • WEG SA

The global analysis and forecast periods covered within the report are 2020-2027 (Current & Future Analysis) and 2012-2019 (Historic Review). Research estimates are provided for 2020, while research projections cover the period 2021-2027.
Note: Product cover images may vary from those shown
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FEATURED COMPANIES

  • Abb Group
  • Eaton Corporation Plc
  • Fuji Electric
  • General Electric Company
  • Larsen & Toubro
  • Lsis
  • MORE

I. INTRODUCTION, METHODOLOGY & REPORT SCOPE

II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW

Increase in Industrial Automation and Rising Use of Low Voltage Electric Motors Drives Growth in the Low Voltage Motor Control Centers Market

Global Low Voltage Motor Control Centers Market: Percentage Breakdown of Value Sales by Application for 2019 and 2025

Global Competitor Market Shares

Low Voltage Motor Control Centers Competitor Market Share Scenario Worldwide (in %): 2019 & 2025

Impact of Covid-19 and a Looming Global Recession

2. FOCUS ON SELECT PLAYERS

3. MARKET TRENDS & DRIVERS

As Industrial Automation Gathers Pace, Growth Opportunities in Store for LV MCCs Market

Global Industrial Automation Market: Revenues in US$ Billion for the Years 2018, 2020, 2022 and 2024

Growing Use of Low Voltage Electric Motors in Major End-Use Industries Drives Demand for LV Motor Control Centers

Global Low Voltage Motors Market Size in $ Billion for the Years 2017, 2019, 2021 and 2023

Need to Increase Industrial Plant Uptime Sustains Demand for LV MCCs

Intelligent Motor Control Center Market: An Overview

LV Motor Control Centers Improve Smart Pumping Systems

Safety Concerns with LV MCCs in Industrial Power Distribution Systems: LV Motor Overload Relay Comes to the Rescue

PRODUCT OVERVIEW

What is Motor Control Center?

Types of Motor Control Centers

Low Voltage Motor Control Centers: An Introduction

4. GLOBAL MARKET PERSPECTIVE

III. MARKET ANALYSIS

GEOGRAPHIC MARKET ANALYSIS

UNITED STATES

Market Facts & Figures

US Low Voltage Motor Control Centers Market Share (in %) by Company: 2019 & 2025

Market Analytics

CANADA

JAPAN

CHINA

EUROPE

Market Facts & Figures

European Low Voltage Motor Control Centers Market: Competitor Market Share Scenario (in %) for 2019 & 2025

Market Analytics

FRANCE

GERMANY

ITALY

UNITED KINGDOM

SPAIN

RUSSIA

REST OF EUROPE

ASIA-PACIFIC

AUSTRALIA

INDIA

SOUTH KOREA

REST OF ASIA-PACIFIC

LATIN AMERICA

ARGENTINA

BRAZIL

MEXICO

REST OF LATIN AMERICA

MIDDLE EAST

IRAN

ISRAEL

SAUDI ARABIA

UNITED ARAB EMIRATES

REST OF MIDDLE EAST

AFRICA

IV. COMPETITION

Total Companies Profiled: 44

Note: Product cover images may vary from those shown
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  • Abb Group
  • Eaton Corporation Plc
  • Fuji Electric
  • General Electric Company
  • Lsis
  • Larsen & Toubro
  • Mitsubishi Electric Corporation
  • Rockwell Automation
  • Schneider Electric Sa
  • Siemens Ag
  • Technical Control Systems
  • Weg Sa
Note: Product cover images may vary from those shown
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