Motor Control Centers Market to Boom with Owing to the Growing Demand for Industrial Automation
New Revenue Pockets:
The global motor control centers market is expected to grow from an estimated size of USD 4.6 billion in 2020 to USD 6.3 billion by 2025, at a CAGR of 6.4% during the forecast period. The growing demand for industrial automation in developed regions and the increased use of electric motors are some of the factors driving the growth of the motor control centers market.
With...