Intelligent Motor Control Centers simplify wiring, troubleshooting, rearranging units and adding sections & units. These MCCs provide information which also can be used to minimize downtime, facilitate monitoring of MCCs & equipment and decreases repair time. They allow access of user’s personal data files and building the corresponding screens. The Global Intelligent Motor Control Center Market was worth 3.91 Billion USD in 2018 and is estimated to reach 5.74 Billion USD by 2025 at a CAGR of 5.63% during the forecast period
Growth by Region
Asia Pacific region is expected to have the largest Global Intelligent Motor Control Center Market share followed North America and Europe regions with next highest market shares.
Drivers vs. Constraints
The benefits of IMCC over Conventional Motor Control Centers, increasing adoption of motor control centers and increasing oil explorations are the factors which drive the Global Intelligent Motor Control Center Market.
Industry Structure and Updates
In December 2017, Emami Cement gave a order to ABB India to setup a automation and electrical system for 2MPTA Green field plant in Odisha.