As the global economy mends, the 2021 growth of Motor Control Centers will have significant change from previous year. According to our (LP Information) latest study, the global Motor Control Centers market size is USD million in 2022 from USD 12700 million in 2021, with a change of % between 2021 and 2022. The global Motor Control Centers market size will reach USD 33230 million in 2028, growing at a CAGR of 14.7% over the analysis period.
The United States Motor Control Centers market is expected at value of US$ million in 2021 and grow at approximately % CAGR during review period. China constitutes a % market for the global Motor Control Centers market, reaching US$ million by the year 2028. As for the Europe Motor Control Centers landscape, Germany is projected to reach US$ million by 2028 trailing a CAGR of % over the forecast period. In APAC, the growth rates of other notable markets (Japan and South Korea) are projected to be at % and % respectively for the next 5-year period.
Global main Motor Control Centers players cover Rockwell Automation, Siemens AG, Fuji Electric, and ABB Ltd., etc. In terms of revenue, the global largest two companies occupy a share nearly % in 2021.
This report presents a comprehensive overview, market shares, and growth opportunities of Motor Control Centers market by product type, application, key manufacturers and key regions and countries.
Segmentation by type: breakdown data from 2017 to 2022, in Section 2.3; and forecast to 2028 in section 12.6
Low Voltage Motor Control Centers
Medium Voltage Motor Control Centers
Segmentation by application: breakdown data from 2017 to 2022, in Section 2.4; and forecast to 2028 in section 12.7.
Oil and Gas
Mining and Metals
Chemicals and Petrochemicals
Food and Beverage
Others
This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The report also presents the market competition landscape and a corresponding detailed analysis of the prominent manufacturers in this market, include
Rockwell Automation
Siemens AG
Fuji Electric
ABB Ltd.
Eaton Corporation
General Electric
Mitsubishi Electric Corporation
WEG SA
Schneider Electric Sa
Gemco Controls Ltd.
Sun-Tech Engineers
Rolla Ltd.
Technical Control System Limited