Motor Control Centers Market Size & Share, by Type (Conventional Motor Control Center, Intelligent Motor Control Center), End-user (Automotive, Oil & Gas) - Global Supply & Demand Analysis, Growth Forecasts, Statistics Report 2025-2037

  • Report ID: 4867
  • Published Date: Nov 27, 2024
  • Report Format: PDF, PPT

Global Market Size, Forecast, and Trend Highlights Over 2025-2037

Motor Control Centers Market size was valued at USD 7.47 billion in 2024 and is set to exceed USD 23.45 billion by 2037, registering over 9.2% CAGR during the forecast period i.e., between 2025-2037. In the year 2025, the industry size of motor control centers is estimated at USD 8.02 billion.  The market growth is mainly owing to a number of factors, including the increasing demand for automation in industrial and commercial settings, the need for energy-efficient solutions to reduce operating costs, and the growing emphasis on safety and regulatory compliance. According to a report, the global industrial automation industry accounted for nearly USD 158 billion in the year 2020. The industry refers to the industry that produces and sells electrical devices that are used to control and monitor electric motors in industrial and commercial settings.

In addition to this, these centers typically include a combination of motor starters, contactors, circuit breakers, and other components that work together to ensure that motors are operated safely and efficiently. The global motor control centers market is also being driven by the increasing adoption of variable frequency drives (VFDs) in industrial and commercial applications. VFDs are used to control the speed and torque of electric motors, which can help to reduce energy consumption and extend the lifespan of the equipment. According to a report, the global industry of VFDs is projected to reach USD 25 billion by the year 2026. As VFDs become more widely adopted, the demand for motor control centers that can integrate with these devices is also likely to increase. Motor control centers that are designed to work with VFDs can help to optimize the performance and energy efficiency of motor-driven equipment, which can be particularly beneficial in applications where motors are used frequently or operate at varying speeds.


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Motor Control Centers Market: Growth Drivers and Challenges

Growth Drivers

  • Increasing Demand for Automation: The growing demand for automation in various industries, including manufacturing, oil and gas, and mining, is expected to drive the demand for motor control centers. Automation helps to improve productivity, efficiency, and safety, which can lead to increased profitability. According to a report, global sales of industrial robots reached 373,000 units in the year 2020, up 12% from the previous year.
  • Focus on Energy Efficiency: The need for energy-efficient solutions is also driving growth in the motor control centers market. Motor control centers help to optimize energy consumption by controlling the speed and torque of electric motors. According to the International Energy Agency, global electricity demand is expected to grow by 4% in the year 2021, with renewable energy sources accounting for almost 90% of the increase.
  • Increasing Emphasis on Safety: Safety is a top priority in industrial and commercial settings, and motor control centers help to ensure that motors are operated safely and efficiently. The increasing emphasis on safety is expected to drive demand for motor control centers that are designed to meet the latest safety standards. According to a report, workplace fatalities in the United States increased by 2% in the year 2019 to 5,333 deaths.
  • Ongoing Urbanization Around the World - Rising income levels and increasing demand for power nationwide contribute to increased demand for motor control centers. In today's world, 56% of the population lives in urban areas, which is driving the demand for electricity across the globe. The urban population is expected to double by 2050, with almost 7 in 10 people living in cities.
  • Rise in Research Spending – Growth in the global market during the forecast period can be further attributed to increased investment in research and development activities to continuously find more viable solutions for motor control centers. Research reports show that global R&D spending has more than tripled in real terms since 2000, rising from about USD 680 billion to more than USD 2.5 trillion in the year 2019.

Challenges

  • High initial cost: Motor control centers can be expensive to install and maintain, particularly for small and medium-sized businesses. This can make it difficult for companies to justify the initial investment, particularly if they do not have the budget or expertise to manage the installation and ongoing maintenance of the equipment.
  • Increasing competition
  • Technological complexity

Motor Control Centers Market: Key Insights

Base Year

2024

Forecast Year

2025-2037

CAGR

9.2%

Base Year Market Size (2024)

USD 7.47 billion

Forecast Year Market Size (2037)

USD 23.45 billion

Regional Scope

  • North America (U.S., and Canada)
  • Latin America (Mexico, Argentina, Rest of Latin America)
  • Asia-Pacific (Japan, China, India, Indonesia, Malaysia, Australia, Rest of Asia-Pacific)
  • Europe (U.K., Germany, France, Italy, Spain, Russia, NORDIC, Rest of Europe)
  • Middle East and Africa (Israel, GCC North Africa, South Africa, Rest of Middle East and Africa)
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Motor Control Centers Segmentation

End-user (Automotive, Oil & Gas)

The global motor control centers market is segmented and analyzed for demand and supply by end user into automotive, oil & gas, and others. Out of the three types of end users, the automotive segment is estimated to gain the largest market share of about 35% in the year 2037. The growth of the segment can be accredited to the increasing demand for electric vehicles. The shift towards electric vehicles is driving market demand for motor control centers in the automotive industry. According to the International Energy Agency, the number of electric vehicles on the road is expected to increase significantly in the coming years, from 11 million in 2020 to 145 million by the year 2030. The automotive industry is increasingly adopting automation in the manufacturing process, which requires precise and efficient motor control. The adoption of automation in the automotive manufacturing process is driving segmental growth in the market. The automotive industry is increasingly focused on energy efficiency, which is driving demand for motor control centers that can optimize the energy consumption of electric motors. The increasing demand for energy-efficient motor control centers is driving segmental growth in the market. The automotive industry is also focused on safety, and motor control centers can help to ensure safe operation of motor-driven equipment.

Type (Conventional Motor Control Center, Intelligent Motor Control Center)

The global motor control centers market is also segmented and analyzed for demand and supply by type into conventional motor control center, and intelligent motor control center. Amongst these two segments, the intelligent motor control center segment is expected to garner a significant share of around 30% in the year 2037. The growth of the segment can be accredited to the increasing emphasis on energy efficiency. iMCCs can help to optimize energy consumption and reduce energy costs by providing real-time data on energy usage and allowing for precise control of motor-driven equipment. As a result, the increasing emphasis on energy efficiency in the industrial and commercial sectors is driving demand for iMCCs. iMCCs are equipped with sensors, communication modules, and software that enable remote monitoring and control of motor-driven equipment. The growing adoption of IoT and automation technologies is driving demand for iMCCs as companies seek to improve efficiency and reduce downtime. iMCCs offer advanced motor protection features, such as overload protection, short circuit protection, and ground fault protection. The increasing need for advanced motor protection in industrial and commercial applications is driving demand for iMCCs.

Our in-depth analysis of the global motor control centers market includes the following segments:

   By End User

  • Automotive
  • Oil & Gas
  • Others

 

    By Type

  • Conventional Motor Control Center
  • Intelligent Motor Control Center

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Motor Control Centers Industry - Regional Synopsis

APAC Market Statistics

Asia Pacific industry is likely to dominate majority revenue share of 35% by 2037. Regional growth can majorly be attributed to rapid industrialization. The Asia Pacific region is experiencing rapid industrialization, particularly in countries such as China and India. According to the United Nations, Asia accounted for 54% of global manufacturing value added in 2019. This is driving demand for motor control centers in the industrial sector. The Asia Pacific region is also experiencing increasing demand for energy owing to population growth and economic development. According to the International Energy Agency, Asia accounted for 42% of global energy demand growth between 2000 and 2019. This is driving demand for motor control centers that can optimize energy consumption and improve energy efficiency. Several countries in the Asia Pacific region, such as China and India, have launched government initiatives to promote industrial growth and increase energy efficiency. For instance, the Indian government has launched the Make in India initiative to promote manufacturing in the country, which is driving demand for motor control centers.

North American Market Forecast

The motor control centers market in the North America region, amongst the market in all the other regions, are projected to hold the second largest share of about 24% during the forecast period. The growth of the market in this region can primarily be attributed to a growing focus on energy efficiency. The North American region is focusing on improving energy efficiency in various industries. For instance, the U.S. Department of Energy has established new regulations to increase the energy efficiency of motors and motor-driven equipment, which is driving the adoption of motor control centers that can optimize energy consumption. The North American region is experiencing an increasing adoption of automation in various industries, such as manufacturing, automotive, and aerospace. This is driving demand for motor control centers that can facilitate automation and enhance operational efficiency. The North American region has aging infrastructure that requires modernization and upgrade. This includes updating electrical systems with advanced motor control centers that can improve system reliability, safety, and efficiency.

Europe Market Forecast

Further, the motor control centers market in the Europe region, amongst the market in all the other regions, is projected to hold a majority of the share by the end of 2037. The growth of the market can be attributed majorly to the growing focus on industry 4.0. The Europe region is focused on advancing towards Industry 4.0, which involves the integration of automation, data exchange, and digital technologies in manufacturing. This is driving demand for motor control centers that can facilitate automation and enhance operational efficiency. Europe has aging infrastructure that requires modernization and upgrade. This includes updating electrical systems with advanced motor control centers that can improve system reliability, safety, and efficiency. Europe has a strong automotive industry, with countries such as Germany and France being major automotive manufacturers. This is driving demand for motor control centers in the automotive sector to enhance productivity and operational efficiency. Overall, these growth drivers suggest that the Europe region is a significant for motor control centers market, as companies seek to comply with energy efficiency regulations, advance towards Industry 4.0, modernize aging infrastructure, and meet the needs of a strong automotive industry.

Research Nester
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Companies Dominating the Motor Control Centers Landscape

    • Siemens AG
      • Company Overview
      • Business Strategy
      • Key Product Offerings
      • Financial Performance
      • Key Performance Indicators
      • Risk Analysis
      • Recent Development
      • Regional Presence
      • SWOT Analysis
    • ABB Group
    • Eaton Corporation plc
    • Schneider Electric SE
    • General Electric Company
    • Rockwell Automation Inc.
    • Fuji Electric Co., Ltd.
    • Mitsubishi Electric Corporation
    • Larsen & Toubro Limited
    • WEG SA

In the News

  • ABB Group: ABB has recently partnered with Intel to launch a new artificial intelligence-based distribution management system (DMS) for utilities. The DMS is designed to enhance grid reliability and efficiency and can manage data from millions of smart grid devices in real time.
     
  • Siemens AG: Siemens has recently announced that it has been selected to provide the main power supply and distribution technology for the new terminal at the Clark International Airport in the Philippines. The project involves the design and installation of a comprehensive energy distribution system, including transformers, switchgear, and motor control centers.

Author Credits:  Dhruv Bhatia


  • Report ID: 4867
  • Published Date: Nov 27, 2024
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

In the year 2025, the industry size of motor control centers is estimated at USD 8.02 billion.

The motor control centers market size was valued at USD 7.47 billion in 2024 and is set to exceed USD 23.45 billion by 2037, registering over 9.2% CAGR during the forecast period i.e., between 2025-2037. Increasing demand for automation in industrial and commercial settings will fuel the market growth.

Asia Pacific industry is likely to dominate majority revenue share of 35% by 2037, due to rapid industrialization in the region.

The major players in the market are Siemens AG, ABB Group, Eaton Corporation plc, Schneider Electric SE, General Electric Company, Rockwell Automation Inc., Fuji Electric Co., Ltd., Mitsubishi Electric Corporation, Larsen & Toubro Limited, WEG SA
Motor Control Centers Market Report Scope
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