MRRS adds "Motor Control Centers Market by Type (Intelligent and Conventional), Voltage (Low and Medium), & End-User (Industrial and Commercial), Component, Standard (IEC and NEMA), and by Region – Trends & Forecasts to 2021" latest studies, published in November 2016. It is a professional and in-depth study.
sumnmary
“The motor control centers market is projected to grow at a CAGR of 5.3% from 2016 to 2021”
The motor control centers market is projected to reach USD 5.83 billion by 2021, at a CAGR of 5.3% from 2016 to 2021. Motor control center is a cost-effective solution to prevent downtime and equipment damage. Increased industrial automation and up gradation of power infrastructure are expected to drive the motor control centers market. Motor control centers are employed in almost all major industries including oil & gas, chemicals & petrochemicals, food & beverage, utilities, and metals & mining. Given the growing demand for motor control solution equipment in these industries, the demand for motor control centers is set to increase in the coming years.

“Asia-Pacific: The largest market for motor control centers”
Asia-Pacific is currently the largest market for motor control centers, closely followed by North America. Growing industrial automation and growth of various industries, such as, chemicals, power, and oil & gas are driving the demand for motor control centers in the region. The Asia-Pacific market is primarily driven by countries such as China, Japan, India, and Australia where there is a steep demand for motors. The market in this region is projected to grow at a higher rate, with India and China expected to register the fastest growth within the region.
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