Energy and Power Low Voltage Motor Control Centers Market

The Strange Story About Low Voltage Motor Control
Centers Market You Must Read
The report "Low Voltage Motor Control Centers Market by Type (Intelligent and
Conventional), End-User (Industrial and Commercial), Component (Busbars, Circuit
Breakers and Fuses, Overload Relays, VSDS, and Soft Starters), and Region - Global Forecast
to 2022", The low voltage motor control centers market is expected to grow from an estimated
value of USD 3.07 Billion in 2017 to USD 4.03 Billion by 2022, at a CAGR of 5.62% from 2017 to
2022. The global market is set to witness a significant growth due to the rising industrial
automation and increased use of low voltage electric motors across key industries.
The leading players in the low voltage motor control centers market:
ABB (Switzerland)
Schneider Electric (France)
Eaton (Ireland)
Siemens (Germany)
Rockwell Automation (U.S.)
General Electric (U.S.)
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The busbars segment of the low voltage motor control centers market, by component, accounted
for the largest market size in 2016. Busbars are the major current carrying components of low
voltage motor control centers. These are used in utilities to deliver power to buildings and, in
industrial applications, to deliver power to electrical loads. Also, the busbars alternative to
traditional cabling provides numerous advantages to the installer and client, including savings on
space, time, and cost. All these factors are expected to drive the busbars segment of low vol tage
motor control centers market.
The report segments the low voltage motor control centers market, by end -user, into industrial
and commercial. The industrial segment includes the oil & gas, water and wastewater, power
generation, mining, and others subsegments, the last of which includes the cement, chemicals
and petrochemicals, and paper and pulp industries. The oil & gas segment accounted for the