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

largest market share in 2016 as low voltage motor control centers are extensively used to control
low voltage motors for drilling and various others production processes in the oil & gas sector.
The utilities segment is expected to grow at the highest CAGR from 2017 to 2022, due to the
increasing power generation capacity additions globally.
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Table of Contents
- Introduction
- Research Methodology
- Executive Summary
- Premium Insights
- Market Overview
- Market Segmentation
- Competitive Landscape
- Company Profiles
- Appendix
- List of Tables
- List of Figures
In this report, the low 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 lead the global low voltage motor control centers
market by 2022 and is projected to grow at the highest CAGR from 2017 to 2022. The market
growth in this region can be attributed to rising industrialization and urbanization and increasing
electricity demand. Countries such as China, India, Japan, and Australia are the key markets for
low voltage motor control centers in the Asia Pacific region. The increasing inv estments in the
water and wastewater industry and increasing infrastructural developments in the Middle East &
Africa are expected to drive the low voltage motor control centers market in the Middle East &
Africa.