Motor Control Centers Market - Top Companies and Manufacturers

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

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

Browse Key Market Insights with Data Illustration:

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
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