Motor Control Centers Market Size, Share, Growth and Global Industry Analysis By Type & Application, Regional Insights and Forecast to 2024-2032

Motor Control Centers Market Size, Share, Growth and Global Industry Analysis By Type & Application, Regional Insights and Forecast to 2024-2032



Growth Factors of Motor Control Center Market

The motor control center market size was valued at USD 5.84 billion in 2023, and the market is now projected to grow from USD 6.18 billion in 2024 to USD 11.03 billion by 2032, exhibiting a CAGR of 7.5% during the forecast period of 2023-2030.

The sales of motor control centre faced a severe hit in the wake of COVID-19. The expansion of the market was constrained by supply chain interruptions, low industrial activity, and project delays caused by lockdowns and economic uncertainties. With industries declining to take on new investments or deferring existing projects in order to manage the financial risks, there was a drop in the consumption of MCC equipment in the market. However, as immunization campaigns take effect, and more activities happen, the market is estimated to bounce back, though gradually, with businesses seeking new ways and new tactics.

The motor control centre market is booming these days as the industrial automation is on the rise in many industries such as utilities, manufacturing, and gas. The advancements in technology which cover integration of Internet of Things as well as Smart devices are nowadays improving not only the capability but also the reliability of MCC. In addition to this, there is a growing demand for MCCs which have advanced capabilities of monitoring and control, due to the focus on sustainability and energy efficiency. Market is anticipated to have a continuous growth over the upcoming few years because of the rising infrastructure expenditures and the global industrial activities

The motor control centre market is evolving with some very important changes. By incorporating IoT technology, an operational efficiency is attained through the remote monitoring and predictive maintenance. Regulations and sustainability targets drive an increase in demand for MCC feeders that are energy-efficient. Modular designs are gaining popularity since they are flexible as well as scalable, resulting in easier upgrades and customization. For the purpose of protecting workers, the latest safety features, such as arc flash mitigation devices, are widely used. In addition, Progress in the composition of MCC software programs improves the quality of motor performance optimization and diagnostics driving motor control centre market growth.

Comprehensive Analysis of Motor Control Center Market

The Motor control center industry is rising at an exponential rate due to its market segmentation. These segmentations are methodically segregated by voltage, by type, by component and by end-user. Based on voltage, market is divided into low voltage and medium voltage. Based on type, market is divided into conventional motor and smart motor. Based on component, market is divided into busbar, circuit breaker & fuses and relay. Based on end-user, market is divided into oil & gas, iron & steel, minerals & mining, food & beverage, automotive, commercial, others.

The Asia Pacific holds leading position in motor control center market share by benefitting a market size of USD 2.22 billion in 2023. The development of the manufacturing, oil & gas, and utility industries is driven by their rapid industrialization and infrastructure development projects which in return create a growing demand for motor control centres. This is most common with the nations like China and India. MC infrastructure use is further enhanced by the development of building and construction industry.

The top players in the market play a crucial role in the industry assuring industrial prospectus growth and setting market standards. These players include, ABB (Switzerland), Mitsubishi Electric (Japan), Siemens (Germany), Schneider Electric (France), WEG (U.S.), Fuji Electric Co., Ltd. (Japan), Powell (U.S.), Rockwell Automation (U.S.), Eaton (Ireland), Marine Electricals (India), Ingeteam S.A. (Spain).

January 2020: Rockwell introduced new motor protection circuit breakers in January 2020 that not only reduced costs but also saved time and space.

Segmentation Table

Global Motor Control Center Market Scope

Study Period 2019-2032

Base Year 2023

Estimated Year 2024

Forecast Period 2024-2032

Historical Period 2019-2022

Growth Rate CAGR of 7.5% from 2024 to 2032

Unit Value (USD Billion)

Segmentation By Voltage

Low Voltage

Medium Voltage

By Type

Conventional Motor

Smart Motor

By Component

Busbar

Circuit Breaker & Fuses

Relay

Variable Speed Drives

Others

By End-User

Oil & Gas

Iron & Steel

Minerals & Mining

Food & Beverage

Automotive

Commercial

Others

By Region

North America (By Voltage, Type, Component, End-User, and Country)

- U.S. (By End-User)

- Canada (By End-User)

Europe (By Voltage, Type, Component, End-User, and Country)

- U.K. (By End-User)

- Germany (By End-User)

- France (By End-User)

- Italy (By End-User)

- Spain (By End-User)

- Russia (By End-User)

- Rest of Europe (By End-user)

Asia Pacific (By Voltage, Type, Component, End-User, and Country)

- China (By End-User)

- India (By End-User)

- Japan (By End-User)

- Australia (By End-User)

- Southeast Asia (By End-User)

- Rest of Asia Pacific (By End-User)

Latin America (By Voltage, Type, Component, End-User, and Country)

- Brazil (By End-User)

- Mexico (By End-User)

- Rest of Latin America (By End-User)

Middle East & Africa (By Voltage, Type, Component, End-User, and Country)

- GCC (By End-User)

- South Africa (By End-User)

- Rest of Middle East & Africa (By End-User)


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1. Introduction
1.1. Research Scope
1.2. Market Segmentation
1.3. Research Methodology
1.4. Definitions & Assumptions
2. Executive Summary
3. Market Dynamics
3.1. Market Drivers
3.2. Market Restraints
3.3. Market Opportunities
4. Key Insights
4.1. Key Emerging Trends – For Major Countries
4.2. Latest Technological Advancement
4.3. Insight on Regulatory Landscape
4.4. Porters Five Forces Analysis
4.5. Impact of COVID-19 on the Motor Control Center Market
5. Global Motor Control Center Market (USD Billion) Analysis, Insights, and Forecast, 2019-2032
5.1. Key Findings
5.2. Market Analysis, Insights, and Forecast – By Voltage
5.2.1. Low Voltage
5.2.2. Medium Voltage
5.3. Market Analysis, Insights, and Forecast – By Type
5.3.1. Conventional Motor
5.3.2. Smart Motor
5.4. Market Analysis, Insights, and Forecast – By Component
5.4.1. Busbar
5.4.2. Circuit Breaker & Fuses
5.4.3. Relay
5.4.4. Variable Speed Drives
5.4.5. Others
5.5. Market Analysis, Insights, and Forecast – By End-User
5.5.1. Oil & Gas
5.5.2. Iron & Steel
5.5.3. Minerals & Mining
5.5.4. Food & Beverage
5.5.5. Automotive
5.5.6. Commercial
5.5.7. Others
5.6. Market Analysis, Insights, and Forecast – By Region
5.6.1. North America
5.6.2. Europe
5.6.3. Asia Pacific
5.6.4. Latin America
5.6.5. Middle East & Africa
6. North America Motor Control Center Market (USD Billion) Analysis, Insights, and Forecast, 2019-2032
6.1. Key Findings
6.2. Market Analysis, Insights, and Forecast – By Voltage
6.2.1. Low Voltage
6.2.2. Medium Voltage
6.3. Market Analysis, Insights, and Forecast – By Type
6.3.1. Conventional Motor
6.3.2. Smart Motor
6.4. Market Analysis, Insights, and Forecast – By Component
6.4.1. Busbar
6.4.2. Circuit Breaker & Fuses
6.4.3. Relay
6.4.4. Variable Speed Drives
6.4.5. Others
6.5. Market Analysis, Insights, and Forecast – By End-User
6.5.1. Oil & Gas
6.5.2. Iron & Steel
6.5.3. Minerals & Mining
6.5.4. Food & Beverage
6.5.5. Automotive
6.5.6. Commercial
6.5.7. Others
6.6. Market Analysis, Insights, and Forecast – By Country
6.6.1. U.S. Market Analysis, Insights, and Forecast – By End-User
6.6.1.1. Oil & Gas
6.6.1.2. Iron & Steel
6.6.1.3. Minerals & Mining
6.6.1.4. Food & Beverage
6.6.1.5. Automotive
6.6.1.6. Commercial
6.6.1.7. Others
6.6.2. Canada Market Analysis, Insights, and Forecast – By End-User
6.6.2.1. Oil & Gas
6.6.2.2. Iron & Steel
6.6.2.3. Minerals & Mining
6.6.2.4. Food & Beverage
6.6.2.5. Automotive
6.6.2.6. Commercial
6.6.2.7. Others
7. Europe Motor Control Center Market (USD Billion) Analysis, Insights, and Forecast, 2019-2032
7.1. Key Findings
7.2. Market Analysis, Insights, and Forecast – By Voltage
7.2.1. Low Voltage
7.2.2. Medium Voltage
7.3. Market Analysis, Insights, and Forecast – By Type
7.3.1. Conventional Motor
7.3.2. Smart Motor
7.4. Market Analysis, Insights, and Forecast – By Component
7.4.1. Busbar
7.4.2. Circuit Breaker & Fuses
7.4.3. Relay
7.4.4. Variable Speed Drives
7.4.5. Others
7.5. Market Analysis, Insights, and Forecast – By End-User
7.5.1. Oil & Gas
7.5.2. Iron & Steel
7.5.3. Minerals & Mining
7.5.4. Food & Beverage
7.5.5. Automotive
7.5.6. Commercial
7.5.7. Others
7.6. Market Analysis, Insights, and Forecast – By Country
7.6.1. UK Market Analysis, Insights, and Forecast – By End-User
7.6.1.1. Oil & Gas
7.6.1.2. Iron & Steel
7.6.1.3. Minerals & Mining
7.6.1.4. Food & Beverage
7.6.1.5. Automotive
7.6.1.6. Commercial
7.6.1.7. Others
7.6.2. Germany Market Analysis, Insights, and Forecast – By End-User
7.6.2.1. Oil & Gas
7.6.2.2. Iron & Steel
7.6.2.3. Minerals & Mining
7.6.2.4. Food & Beverage
7.6.2.5. Automotive
7.6.2.6. Commercial
7.6.2.7. Others
7.6.3. France Market Analysis, Insights, and Forecast – By End-User
7.6.3.1. Oil & Gas
7.6.3.2. Iron & Steel
7.6.3.3. Minerals & Mining
7.6.3.4. Food & Beverage
7.6.3.5. Automotive
7.6.3.6. Commercial
7.6.3.7. Others
7.6.4. Spain Market Analysis, Insights, and Forecast – By End-User
7.6.4.1. Oil & Gas
7.6.4.2. Iron & Steel
7.6.4.3. Minerals & Mining
7.6.4.4. Food & Beverage
7.6.4.5. Automotive
7.6.4.6. Commercial
7.6.4.7. Others
7.6.5. Italy Market Analysis, Insights, and Forecast – By End-User
7.6.5.1. Oil & Gas
7.6.5.2. Iron & Steel
7.6.5.3. Minerals & Mining
7.6.5.4. Food & Beverage
7.6.5.5. Automotive
7.6.5.6. Commercial
7.6.5.7. Others
7.6.6. Russia Market Analysis, Insights, and Forecast – By End-User
7.6.6.1. Oil & Gas
7.6.6.2. Iron & Steel
7.6.6.3. Minerals & Mining
7.6.6.4. Food & Beverage
7.6.6.5. Automotive
7.6.6.6. Commercial
7.6.6.7. Others
7.6.7. Rest of Europe Market Analysis, Insights, and Forecast – By End-User
7.6.7.1. Oil & Gas
7.6.7.2. Iron & Steel
7.6.7.3. Minerals & Mining
7.6.7.4. Food & Beverage
7.6.7.5. Automotive
7.6.7.6. Commercial
7.6.7.7. Others
8. Asia Pacific Motor Control Center Market (USD Billion) Analysis, Insights, and Forecast, 2019-2032
8.1. Key Findings
8.2. Market Analysis, Insights, and Forecast – By Voltage
8.2.1. Low Voltage
8.2.2. Medium Voltage
8.3. Market Analysis, Insights, and Forecast – By Type
8.3.1. Conventional Motor
8.3.2. Smart Motor
8.4. Market Analysis, Insights, and Forecast – By Component
8.4.1. Busbar
8.4.2. Circuit Breaker & Fuses
8.4.3. Relay
8.4.4. Variable Speed Drives
8.4.5. Others
8.5. Market Analysis, Insights, and Forecast – By End-User
8.5.1. Oil & Gas
8.5.2. Iron & Steel
8.5.3. Minerals & Mining
8.5.4. Food & Beverage
8.5.5. Automotive
8.5.6. Commercial
8.5.7. Others
8.6. Market Analysis, Insights, and Forecast – By Country
8.6.1. China Market Analysis, Insights, and Forecast – By End-User
8.6.1.1. Oil & Gas
8.6.1.2. Iron & Steel
8.6.1.3. Minerals & Mining
8.6.1.4. Food & Beverage
8.6.1.5. Automotive
8.6.1.6. Commercial
8.6.1.7. Others
8.6.2. India Market Analysis, Insights, and Forecast – By End-User
8.6.2.1. Oil & Gas
8.6.2.2. Iron & Steel
8.6.2.3. Minerals & Mining
8.6.2.4. Food & Beverage
8.6.2.5. Automotive
8.6.2.6. Commercial
8.6.2.7. Others
8.6.3. Japan Market Analysis, Insights, and Forecast – By End-User
8.6.3.1. Oil & Gas
8.6.3.2. Iron & Steel
8.6.3.3. Minerals & Mining
8.6.3.4. Food & Beverage
8.6.3.5. Automotive
8.6.3.6. Commercial
8.6.3.7. Others
8.6.4. Australia Market Analysis, Insights, and Forecast – By End-User
8.6.4.1. Oil & Gas
8.6.4.2. Iron & Steel
8.6.4.3. Minerals & Mining
8.6.4.4. Food & Beverage
8.6.4.5. Automotive
8.6.4.6. Commercial
8.6.4.7. Others
8.6.5. Southeast Asia Market Analysis, Insights, and Forecast – By End-User
8.6.5.1. Oil & Gas
8.6.5.2. Iron & Steel
8.6.5.3. Minerals & Mining
8.6.5.4. Food & Beverage
8.6.5.5. Automotive
8.6.5.6. Commercial
8.6.5.7. Others
8.6.6. Rest of Asia Pacific Market Analysis, Insights, and Forecast – By End-User
8.6.6.1. Oil & Gas
8.6.6.2. Iron & Steel
8.6.6.3. Minerals & Mining
8.6.6.4. Food & Beverage
8.6.6.5. Automotive
8.6.6.6. Commercial
8.6.6.7. Others
9. Latin America Motor Control Center Market (USD Billion) Analysis, Insights, and Forecast, 2019-2032
9.1. Key Findings
9.2. Market Analysis, Insights, and Forecast – By Voltage
9.2.1. Low Voltage
9.2.2. Medium Voltage
9.3. Market Analysis, Insights, and Forecast – By Type
9.3.1. Conventional Motor
9.3.2. Smart Motor
9.4. Market Analysis, Insights, and Forecast – By Component
9.4.1. Busbar
9.4.2. Circuit Breaker & Fuses
9.4.3. Relay
9.4.4. Variable Speed Drives
9.4.5. Others
9.5. Market Analysis, Insights, and Forecast – By End-User
9.5.1. Oil & Gas
9.5.2. Iron & Steel
9.5.3. Minerals & Mining
9.5.4. Food & Beverage
9.5.5. Automotive
9.5.6. Commercial
9.5.7. Others
9.6. Market Analysis, Insights, and Forecast – By Country
9.6.1. Brazil Market Analysis, Insights, and Forecast – By End-User
9.6.1.1. Oil & Gas
9.6.1.2. Iron & Steel
9.6.1.3. Minerals & Mining
9.6.1.4. Food & Beverage
9.6.1.5. Automotive
9.6.1.6. Commercial
9.6.1.7. Others
9.6.2. Mexico Market Analysis, Insights, and Forecast – By End-User
9.6.2.1. Oil & Gas
9.6.2.2. Iron & Steel
9.6.2.3. Minerals & Mining
9.6.2.4. Food & Beverage
9.6.2.5. Automotive
9.6.2.6. Commercial
9.6.2.7. Others
9.6.3. Rest of Latin America Market Analysis, Insights, and Forecast – By End-User
9.6.3.1. Oil & Gas
9.6.3.2. Iron & Steel
9.6.3.3. Minerals & Mining
9.6.3.4. Food & Beverage
9.6.3.5. Automotive
9.6.3.6. Commercial
9.6.3.7. Others
10. Middle East and Africa Motor Control Center Market (USD Billion) Analysis, Insights, and Forecast, 2019-2032
10.1. Market Analysis, Insights, and Forecast – By Voltage
10.1.1. Low Voltage
10.1.2. Medium Voltage
10.2. Market Analysis, Insights, and Forecast – By Type
10.2.1. Conventional Motor
10.2.2. Smart Motor
10.3. Market Analysis, Insights, and Forecast – By Component
10.3.1. Busbar
10.3.2. Circuit Breaker & Fuses
10.3.3. Relay
10.3.4. Variable Speed Drives
10.3.5. Others
10.4. Market Analysis, Insights, and Forecast – By End-User
10.4.1. Oil & Gas
10.4.2. Iron & Steel
10.4.3. Minerals & Mining
10.4.4. Food & Beverage
10.4.5. Automotive
10.4.6. Commercial
10.4.7. Others
10.5. Market Analysis, Insights, and Forecast – By Country
10.5.1. GCC Market Analysis, Insights, and Forecast – By End-User
10.5.1.1. Oil & Gas
10.5.1.2. Iron & Steel
10.5.1.3. Minerals & Mining
10.5.1.4. Food & Beverage
10.5.1.5. Automotive
10.5.1.6. Commercial
10.5.1.7. Others
10.5.2. South Africa Market Analysis, Insights, and Forecast – By End-User
10.5.2.1. Oil & Gas
10.5.2.2. Iron & Steel
10.5.2.3. Minerals & Mining
10.5.2.4. Food & Beverage
10.5.2.5. Automotive
10.5.2.6. Commercial
10.5.2.7. Others
10.5.3. Rest of Middle East and Africa Market Analysis, Insights, and Forecast – By End-User
10.5.3.1. Oil & Gas
10.5.3.2. Iron & Steel
10.5.3.3. Minerals & Mining
10.5.3.4. Food & Beverage
10.5.3.5. Automotive
10.5.3.6. Commercial
10.5.3.7. Others
11. Competitive Analysis
11.1. Company Market Share Analysis, 2023
11.2. Company Profile
11.2.1. ABB
11.2.1.1. Business Overview
11.2.1.2. Product and Service Offerings
11.2.1.3. Recent Developments
11.2.1.4. Financials (Based on Availability)
11.2.2. Mitsubishi Electric
11.2.2.1. Business Overview
11.2.2.2. Product and Service Offerings
11.2.2.3. Recent Developments
11.2.2.4. Financials (Based on Availability)
11.2.3. Siemens
11.2.3.1. Business Overview
11.2.3.2. Product and Service Offerings
11.2.3.3. Recent Developments
11.2.3.4. Financials (Based on Availability)
11.2.4. Schneider Electric
11.2.4.1. Business Overview
11.2.4.2. Product and Service Offerings
11.2.4.3. Recent Developments
11.2.4.4. Financials (Based on Availability)
11.2.5. WEG
11.2.5.1. Business Overview
11.2.5.2. Product and Service Offerings
11.2.5.3. Recent Developments
11.2.5.4. Financials (Based on Availability)
11.2.6. Fuji Electric Co., Ltd.
11.2.6.1. Business Overview
11.2.6.2. Product and Service Offerings
11.2.6.3. Recent Developments
11.2.6.4. Financials (Based on Availability)
11.2.7. Powell
11.2.7.1. Business Overview
11.2.7.2. Product and Service Offerings
11.2.7.3. Recent Developments
11.2.7.4. Financials (Based on Availability)
11.2.8. Rockwell Automation
11.2.8.1. Business Overview
11.2.8.2. Product and Service Offerings
11.2.8.3. Recent Developments
11.2.8.4. Financials (Based on Availability)
11.2.9. Eaton
11.2.9.1. Business Overview
11.2.9.2. Product and Service Offerings
11.2.9.3. Recent Developments
11.2.9.4. Financials (Based on Availability)
11.2.10. Marine Electricals
11.2.10.1. Business Overview
11.2.10.2. Product and Service Offerings
11.2.10.3. Recent Developments
11.2.10.4. Financials (Based on Availability)
11.2.11. Ingeteam S.A.
11.2.11.1. Business Overview
11.2.11.2. Product and Service Offerings
11.2.11.3. Recent Developments
11.2.11.4. Financials (Based on Availability)

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