Energy and Power Low Voltage Motor Control Centers Market | Page 3
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The oil & gas industry is one of the leading end-user industries for low voltage motor control
centers. The oil & gas industry requires all types of motor control centers to provide sufficient
protection from voltage, speed, and frequency surges to run business operations smoothly and
without any interruption. The recent downturn in crude oil prices has resulted in a steep fall in
capital budgets, which has reduced the demand for industrial equipment. The stagnancy in the oil
& gas industry is expected to act as a restraint for the low voltage motor control centers market.
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