New ARC Advisory Group research on the Low Voltage Motor Control Centers (LV-MCC) market reveals that although market growth will be moderate, owing to the integration of automation technology, there will be a steady demand for low voltage motor control centers across end user industries. In the future, most devices will be intelligent and online, bringing machine-to-machine (M2M) communications to a new level. This will also impact the demand for low voltage motor control centers, as traditional LV-MCCs will be replaced by intelligent LV-MCCs.
“Intelligent motor control centers are a combination of new communication capabilities of structural design with intelligent motor control devices which help to design a single solution that in turn helps them to control, protect assets, and communicate. This helps in enhancing the energy efficiency, reducing costs, information technologies, and visualization. It also helps enterprises to reuse the engineering designs and respond more quickly to market demands,” according to Siddharth Maiti, Analyst at ARC Advisory Group and key author of ARC’s Low Voltage Motor Control Centers Global Market Research report.
About the Low Voltage Motor Control Centers Market Research
This ARC research explores current and historical market performance and related technology and business trends, identifies leading technology suppliers, and provides five-year global forecasts for the low voltage motor control centers market. This new research is based on ARC’s industry-leading market research database, extensive primary and secondary research, and proprietary economic modelling techniques. The research includes competitive analysis, plus five-year market forecasts by region, industry, revenue type, communication protocol, installation, configuration, bucket/drawer, and various others.
This new research is available in a variety of formats to meet the specific research and budgetary requirements of a wide variety of organizations. These include a:
- Market Intelligence Workbook (Excel) – personalized spreadsheet includes up to five years of historical data in addition to the current base year market data and five-year market forecast. This workbook enables licensed users to freely manipulate the data to make it easier to analyze the latest data for business intelligence and generate custom reports.
- Concise Market Analysis Report (PDF) – provides an executive-level summary of the current market dynamics, market forecasts, and competitive analysis, plus an overview of strategic issues. The PDF is available with or without detailed charts.
For more information on this and other available ARC market research, please visit our Market Data & Studies section.