DUBLIN--(BUSINESS WIRE)--The "Global Low Voltage Motor Control Center Market 2018-2022" report has been added to ResearchAndMarkets.com's offering.
The global low voltage motor control center market is expected to grow at a CAGR of 5.83% during the period 2018-2022.
The report has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
One trend in the market is IoT enabled MCC. With the growing adoption of industrial automation in various end-user industries, low voltage MCC are witnessing a series of technological developments to cater to the changing needs of end-user industries.
According to the report, one driver in the market is adaptability of low voltage MCCs in confined spaces. Low voltage MCC panels contain program controllers, variable frequency drives, and metering devices, and are primarily used to control the distribution of power to electrical motors. Organizations, such as the National Electrical Manufacturers Association (NEMA), the International Electrotechnical Commission (ICE), Underwriters Laboratories (UL), and the National Fire Protection Association (NFPA), have set standards for the construction, design, and application of low voltage MCCs.
Further, the report states that one challenge in the market is complicated retrofit and redesigning process of low voltage MCCs. Various components, such as breakers, contactors, and control for power transmission, are used by low voltage MCCs to start and stop the motor. In addition, the low voltage MCC controls the forward and reverse rotations, regulation and limitation of torque, regulation of speed, and safeguarding against overloading or unbalanced voltages.
- General electric
- Rockwell Automation
- Schneider Electric
Key Topics Covered
1. Executive Summary
2. Scope of the Report
3. Research Methodology
4. Market Landscape
5. Market Sizing
6. Five Forces Analysis
7. Market Segmentation by Product
8. Customer Landscape
9. Market Segmentation by End-User
10. Regional Landscape
11. Decision Framework
12. Drivers and Challenges
13. Market Trends
14. Vendor Landscape
15. Vendor Analysis
For more information about this report visit https://www.researchandmarkets.com/research/8z4tbm/global?w=4