Motor control center (MCC) is an assembly of motor starters and controllers with centralized hubs, consisting motor control units, which share a common power bus. It consists of components like soft starters, feeders, transformers, adjustable, frequency drives, overload relays, circuit breakers, and panel boards among others. An MCC is designed for controlling the motors from a central location for various industrial applications such as cement, oil & gas, chemicals, power generation, construction, and automotive. Over the past few years, there has been a high growth in the global market for MCC due to the rising industrial automation and growing power generation capacity, following the increased demand for power all over the globe.

Drivers & Restraints for the Market

The growth of the global market for motor control centers can be primarily attributed to the following factors:

• Rising adoption of motorized automation across major industries
• Rising metal & mining activities
• Growing drilling, extraction, and transportation activities in oil & gas sector
• Growing acceptance of MCCs in water and wastewater treatment plants

Apart from these, upgradation of power infrastructure, growing urbanization and industrialization, and continuous growth in the capacity of power generation has led to the potential growth opportunities for this market. However, issues related to safety and standardization of MCC and higher costs of maintenance are some of the factors that may inhibit the growth of this market. Moreover, replacement of existing MCCs and less availability of accurate MCCs stand as major challenges faced by the market players.

Know the Market Scenario

Projected to grow at a CAGR of 5.1% during the forecast period, the value of the global motor control centers market is expected to reach $5.46 Billion by 2020. Geographically, Asia-Pacific dominated the MCC market in 2014, followed by North America, owing to massive investments from the Chinese government for the expansion of the energy infrastructure to meet the growing demands for power. It is also projected to grow at a higher growth rate over the forecast period, with India and China witnessing the fastest growth.

Based on type, conventional MCCs held the largest market share of about 63% in 2014 due to the increasing levels of industrial automation, mainly from developing nations like China, India, Brazil, Germany, and France. However, the market for intelligent MCCs is expected to grow at a higher CAGR of 5.2% between 2015 and 2020, especially since they’re gaining revenue in oil & gas, mining, wastewater, and chemical industries since it ensures operational safety, reduces downtime, and minimizes maintenance costs.

On the basis of voltage, the market for low voltage MCCs is the largest due to the rising demand from various industries like oil & gas, mining, petrochemicals, and paper & pulp, and also because of the growing economies like China and India in the APAC region. Based on end-user, the industrial segment is the major market for MCCs, which was valued at $3.74 Billion in 2015 and is expected to reach $4.97 Billion by 2020. Although the oil & gas and metal & mining industries held a major share of the market of about 40% in 2014, it is now on a decline due to fluctuating oil prices; however, it is expected to grow with the stabilization of oil prices.

Some of the key players included in the global MCC market are ABB Ltd. (Switzerland), Eaton Corporation (Ireland), Siemens AG (Germany), Schneider Electric (France), Rockwell Automation (U.S.), General Electric (U.S.), Fuji Electric(Japan), Gemco Controls Limited (India), Mitsubishi Electric Corporation (Japan), WEG (Brazil), Sun-Tech Engineers (India), Vidyut Control India Private Limited (India), Rolla Limited (England), and Technical Control System Limited(U.K.).

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Scope of the Research

The forecasts and analysis for the global MCC market has been done by breaking it down into following segments and sub-segments:

• Type: Intelligent, Conventional
• Voltage: Low (<1KV), Medium (1-15 KV)
• Component: Circuit Breakers & Fuses, Busbars, Variable Speed Drives, Soft Starters, Overload Relays, Others
• End-User: Commercial, Industrial (including Oil & Gas, Mining & Metals, Chemicals & Petrochemicals, Cement & Manufacturing, Utilities, Food & Beverages, and others)
• Geography: North America, South America, Europe, Asia-Pacific, Middle East & Africa

Summary

Growing adoption of motorized automation across industries and rising metal & mining activities is driving the global MCC market.