Motor Control Centers Market Size

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

Motor Control Centers Market Size

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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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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