MRC Announces the Publication of its Research Report Global Medium Voltage Motor Control Centre Market 2018-2022
MRC recognizes the following companies as the key players in the global medium voltage motor control centre market: ABB, Eaton, General Electric, Rockwell Automation, Schneider Electric, and Siemens.
Commenting on the report, an analyst from MRCs team said: One trend in the market is growing need for IoT-enabled MCC. There has been a significant adoption of automated technologies encouraging the usage of IoT in different operations. Vendors are developing control modules and offering services through smart devices for medium voltage MCCs, which will further accelerate the growth the of the market throughout the forecast period.
According to the report, one driver in the market is ability of medium voltage MCC to address arc flash. Arc flash usually occurs when current moves through the air between the underground conductor and ground conductor. The arc flash is the major cause of concern in the process and discrete industries.
Further, the report states that one challenge in the market is medium voltage MCC requires proper cooling systems for efficient performance. A medium voltage MCC is designed to protect electrical components against arc flash. The MCCs have enclosures for the control panel. The enclosure prevents the forces of arc flash even at 50 kA.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
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The market is expected to grow at a CAGR of 5.59%
About Medium Voltage Motor Control Centre
An MCC is an integrated system, which accommodates motor starters, drives and contactors that are assembled together and are connected through common source power busbars. MCCs are primarily used to control, distribute power, and protect electrical motors in industries. An MCC with a voltage of more than 1,000 V is considered as a medium voltage MCC.
MRCs analysts forecast the global medium voltage motor control centre market to grow at a CAGR of 6.08% during the period 2018-2022.
Covered in this report
The report covers the present scenario and the growth prospects of the global medium voltage motor control centre market for 2018-2022. To calculate the market size, the report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.
The market is divided into the following segments based on geography:
MRC's report, Global Medium Voltage Motor Control Centre Market 2018-2022, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
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PART 01: EXECUTIVE SUMMARY
PART 02: SCOPE OF THE REPORT
PART 03: RESEARCH METHODOLOGY
PART 04: MARKET LANDSCAPE
Market segmentation analysis
PART 05: MARKET SIZING
Market sizing 2017
Market size and forecast 2017-2022
PART 06: FIVE FORCES ANALYSIS
Bargaining power of buyers
Bargaining power of suppliers
Threat of new entrants
Threat of substitutes
Threat of rivalry
Review the summary and complete table of content at https://marketreportscenter.com/reports/588155/global-medium-voltage-motor-control-centre-market-2018-2022
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