Energy and Power Low Voltage Motor Control Centers Market | Page 2

traditional cabling and provides numerous advantages to the installer and client, including
savings on space, time, and cost. All these factors are expected to drive the low voltage motor
control centers market in busbars segment.
The industrial segment is expected to be the fastest growing end-user segment in the low
voltage motor control centers market during the forecast period
The industrial segment is expected to be the fastest growing low voltage motor control centers
market from 2017 to 2022 due to the inclination toward motorized automation worldwide. The
industrial end-users have been segmented into oil & gas, mining and metals, utilities, chemicals
and petrochemicals, cement and manufacturing, food and beverage, and others (water &
wastewater, paper & pulp, and pharmaceutical). The increasing demand for low voltage electric
motors in the above mentioned industries is also expected to drive the low voltage motor control
centers market in industrial segment.
Asia Pacific: The fastest growing market for low motor control centers
In this report, the low voltage motor control centers market has been analyzed with respect to
five regions, namely, Asia Pacific, North America, Europe, South America, and the Middle East &
Africa. The market in Asia Pacific is expected to dominate the global low voltage motor control
centers market due to the increasing industrialization and increasing electricity demand in the
region. The Chinese market is expected to dominate the low voltage motor control centers
market in Asia-Pacific. The low voltage motor control centers market is expected to grow at a
high rate in countries such as China, India, and Japan. Increasing power generation capacity
additions and industrialization projects in these countries are the main reasons spurring the
growth of the low voltage motor control centers market.
To enable an in-depth understanding of the competitive landscape, the report includes the
profiles of some of the top players in the low voltage motor control centers market. These
include ABB (Switzerland), Schneider Electric (France), Siemens (Germany), Eaton (Ireland),
Rockwell Automation (U.S.), and General Electric (U.S.), among others. The leading players are
trying to establish themselves in the markets in developing economies and are adopting various
strategies to increase their market shares.
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