Global Intelligent Motor Controller Market Overview

Intelligent Motor Controller Market Size Was Valued at USD 921.08 Million In 2023 And Is Projected to Reach USD 1466.06 Million By 2032, Growing at A CAGR of 5.3% From 2024-2032.

A motor control center (MCC) is a collection of one or more enclosed sections connected by a common power bus and primarily housing motor control units. MCCs, or multiple motor starters, are a factory-assembled group of motor starts. As a result of network communication challenges and technical developments, the need to combine three essential system components: hardware, communications, and software, has been revealed. Next-generation, integrated, intelligent motor control centers (IMCCs) were introduced to address these growing demands.

The global intelligent motor controller market is expected to grow due to increased industrial plant uptime, higher motor efficiency and energy savings, and rising demand for smart, versatile, and integrated motor control and protection devices. Furthermore, the growing use of industrial automation in industrialized countries presents the intelligent motor controller market with promising opportunities. Furthermore, governments around the world are emphasizing the importance of encouraging businesses and households to utilize energy-saving techniques to minimize energy consumption. Intelligent motor controllers are a good technique to save energy by increasing the efficiency of both AC and DC-powered devices. The intelligent motor controller sector will benefit from this.

Market Dynamics And Factors For Intelligent Motor Controller Market

Drivers:

Growing Demand For Automation In Developed Nations

The majority of emerging economies have embraced urban industrialization to promote economic growth. The most successful among the middle-income countries are ones that rapidly deepened manufacturing capabilities, we're able to participate in global value chains, and steadily increased their penetration of overseas markets. Among the successful exceptions are exporters of minerals or other resource-based products and small economies that have relied on the export of services, primarily tourism. The common thread running through the strategies of all fast developers is a structural change that led to the emergence and growth of more productive, export-oriented sectors producing manufactures or resource-based products or services, or a combination of the three. Complementing this structural change was rising demand for emerging economy exports from advanced economies. Rapid growth was undoubtedly enabled by sound policies and strategic vision; however, the fast movers were also advantaged by lower factor costs, the capacity to assimilate technologies, and by investment in both productive assets and supporting infrastructures. Globalization in its several forms lent added impetus to development underpinned by trade and technology transfers. In addition, in the chemical & petrochemical industry, electric motors are used to drive compressors, pumps, fans, agitators, extruders, packing machines, and conveyor belts. Companies/industries such as chemical, plastics & rubber, industrial gases, or fine chemicals involve continuous manufacturing process operations, where motor control centers provide an efficient solution for controlling electric motors throughout the complete chemical production facility from a centralized location. Hence, the introduction of automation in various industries is likely to drive the demand for motor control centers.

Restraints:

The High Cost of Intelligent Motor Controller Components May Limit Market Growth

The price of numerous components utilized in the production of intelligent motor controllers is extremely high. The high cost of components raises the overall price of the product. The high cost of sophisticated motor controllers drives the demand for more money. The cost of installing such technology is prohibitive for some small businesses. This could limit the industry's growth during the foreseeable term.

Opportunities:

Demand For Smart, Integrated Motor Control And Protection Devices Is Increasing

In general, there are two types of motor control centers: conventional and intelligent motor control centers. For speed control and motor protection operations, traditional motor control centers use components such as variable speed drives, relays, and circuit breakers. These gadgets are relatively straightforward and rely on analog or electromechanical technology. Microprocessor developments, on the other hand, have improved motor control and protection functions. The demand for smart devices, such as intelligent motor control centers, has expanded as industrial automation and technology improvements have increased. Faster response time, better diagnostics, precise control, and remote control and monitoring are all features of these intelligent devices. Furthermore, because multiple tasks are combined into a single intelligent device, intelligent motor control centers reduce the number of components necessary.

Segmentation Analysis of Intelligent Motor Controller Market

By Motor Type, the AC segment is likely to capture the maximum market growth throughout the forecast period. Because AC motors can generate more torque than DC motors and have superior torque-speed characteristics to others, there is a large demand for and installation of such motors in the market. During the forecast period, this supports growth in the AC motor category. During the projection period, the DC motor market is expected to increase significantly. DC motors are said to offer a higher beginning torque and efficiency. The need for and adoption of such motors is increasing as the end-user segment's demand grows. During the projection period, this will fuel the growth of the DC motor segment.

By Voltage, the low voltage segment is anticipated to hold the highest intelligent motor controller market growth over the forecast period. Low voltage motor control centers are highly desired due to their extensive implementation in a variety of sectors around the world, which is expected to drive demand for them during the projected period.

By Industry, the oil and gas segment is anticipated to capture the largest intelligent motor controller market growth during the forecast period. Because of the widespread usage of motor-operated devices in the sector, the Oil and Gas industry is the greatest end-user market for intelligent motor controllers. This raises the need for IMCs and their adoption.

Regional Analysis of Intelligent Motor Controller Market

During the projection period, Asia Pacific is expected to be the largest market. Because of the region's expanding urbanization and industrialization, intelligent motor controllers are projected to be in high demand. In addition, the region's intelligent motor controller market is predicted to benefit from rising power generation capacity additions and rising energy demand. The electricity generating and wastewater management sectors in the region are booming, while automation in the industrial sector is fast rising. Smart device adoption is in high demand since it reduces costs and improves operational efficiency. The use of IMCs is growing as smart motors are being installed more often. As a result, the market for intelligent motor controllers in the Asia Pacific region is expected to rise throughout the forecast period.

As end-user technology advances, the demand for and installation of smart devices is growing rapidly in this region. North America is adopting new technologies, which boosts the use of IMCs in the region's end-user sectors. As a result, it is expected to fuel growth in North America over the projection period.

In the following years, the IMC market in Europe is predicted to grow significantly. Within the region, the adoption of new technologies is expanding at a faster rate. As automation investment grows in this region, the installation of smart devices like IMCs is rising dramatically across the water, wastewater, pharmaceuticals, food & beverage, and other industries.

During the predicted period, Latin America is expected to increase significantly. The need for power in the region is growing rapidly, necessitating the expansion of the power generation sector and the deployment of highly efficient devices such as IMCs and others.

During the projection period, the worldwide IMC market is expected to grow significantly in the Middle East and Africa. The popularity of smart devices is increasing as industrial automation grows. Equipment that can help boost operational efficiency is frequently deployed in the oil and gas industry. During the projection period, this boosts market growth in the Middle East and Africa region.

COVID-19 Impact Analysis on Intelligent Motor Controller Market

The COVID-19 pandemic has had devastating effects on several industry verticals globally. To constrain the number of cases and slow the coronavirus spread, various public health guidelines were implemented in different countries across the globe. COVID-19 protocols range from declaring national emergency states, enforcing stay-at-home orders, closing nonessential business operations and schools, banning public gatherings, imposing curfews, distributing digital passes, and allowing police to restrict citizen movements within a country, as well as closing international borders. With the growing vaccination rate, governments are uplifting the protocols to give a boost to the stagnant economy. Like other industries, Intelligent Motor Controller Market has experienced a slow down the growth, however, the market is expected to bounce back as restrictions are being lifted by governments across the globe. 

Players Covered in Intelligent Motor Controller Market are

• ABB (Switzerland)
• General Electric (U.S.)
• Rockwell Automation (India)
• Mitsubishi Electric (Japan)
• Siemens AG (Germany)
• Larsen & Toubro (India)
• Schneider Electric (France)
• Lsis Co. Ltd. (South Korea)
• Nanotec Electronic GmbH & Co. (Germany)
• NXP Semiconductors (Netherlands)
• Fairford Electronics (U.S.)
• Roboteq Inc. (U.S.) and other major players.

Key Industry Developments In Intelligent Motor Controller Market

In January 2022, Qorvo®, a leading provider of innovative RF solutions that connect the world, has announced a motor control reference design that combines Qorvo's new silicon carbide (SiC) FETs with the PAC5556 intelligent motor controller to create a proof-of-concept System-on-a-Chip (SoC) that can drive applications up to 3000w. "The development of this reference design demonstrates Qorvo's capacity to rapidly integrate, innovate, and offer high-value intelligent power solutions for more power-efficient end products," said David Briggs, Qorvo senior director of Programmable Power Management. Consumer benefits include sleeker and smaller solutions, lower noise levels, longer service life, and lower power usage thanks to this design."

In March 2022, Motor T, the next generation of motors and controllers from Sona BLW Precision Forgings Ltd (Sona Comstar), has been presented with an optimized controller family. The company says that its Motor T with optimized controller' and next-generation technology "has the highest efficiency (96 percent), power, and torque density in the 48V category in the world," according to a press statement.

In May 2021, Schneider Electric and Allied Electronics & Automation have announced the launch of a new limited-feature set of high-quality motor control and protection devices aimed at smaller panel builders, system integrators, OEMs, and other businesses.

Chapter 1: Introduction
 1.1 Research Objectives
 1.2 Research Methodology
 1.3 Research Process
 1.4 Scope and Coverage
  1.4.1 Market Definition
  1.4.2 Key Questions Answered
 1.5 Market Segmentation

Chapter 2:Executive Summary

Chapter 3:Growth Opportunities By Segment
 3.1 By Motor Type
 3.2 By Application
 3.3 By Voltage
 3.4 By Industry

Chapter 4: Market Landscape
 4.1 Porter's Five Forces Analysis
  4.1.1 Bargaining Power of Supplier
  4.1.2 Threat of New Entrants
  4.1.3 Threat of Substitutes
  4.1.4 Competitive Rivalry
  4.1.5 Bargaining Power Among Buyers
 4.2 Industry Value Chain Analysis
 4.3 Market Dynamics
  4.3.1 Drivers
  4.3.2 Restraints
  4.3.3 Opportunities
  4.5.4 Challenges
 4.4 Pestle Analysis
 4.5 Technological Roadmap
 4.6 Regulatory Landscape
 4.7 SWOT Analysis
 4.8 Price Trend Analysis
 4.9 Patent Analysis
 4.10 Analysis of the Impact of Covid-19
  4.10.1 Impact on the Overall Market
  4.10.2 Impact on the Supply Chain
  4.10.3 Impact on the Key Manufacturers
  4.10.4 Impact on the Pricing

Chapter 5: Intelligent Motor Controller Market by Motor Type
 5.1 Intelligent Motor Controller Market Overview Snapshot and Growth Engine
 5.2 Intelligent Motor Controller Market Overview
 5.3 AC
  5.3.1 Introduction and Market Overview
  5.3.2 Historic and Forecasted Market Size (2017-2032F)
  5.3.3 Key Market Trends, Growth Factors and Opportunities
  5.3.4 AC: Grographic Segmentation
 5.4 DC
  5.4.1 Introduction and Market Overview
  5.4.2 Historic and Forecasted Market Size (2017-2032F)
  5.4.3 Key Market Trends, Growth Factors and Opportunities
  5.4.4 DC: Grographic Segmentation
 5.5 Others
  5.5.1 Introduction and Market Overview
  5.5.2 Historic and Forecasted Market Size (2017-2032F)
  5.5.3 Key Market Trends, Growth Factors and Opportunities
  5.5.4 Others: Grographic Segmentation

Chapter 6: Intelligent Motor Controller Market by Application
 6.1 Intelligent Motor Controller Market Overview Snapshot and Growth Engine
 6.2 Intelligent Motor Controller Market Overview
 6.3 Compressors
  6.3.1 Introduction and Market Overview
  6.3.2 Historic and Forecasted Market Size (2017-2032F)
  6.3.3 Key Market Trends, Growth Factors and Opportunities
  6.3.4 Compressors: Grographic Segmentation
 6.4 Pumps
  6.4.1 Introduction and Market Overview
  6.4.2 Historic and Forecasted Market Size (2017-2032F)
  6.4.3 Key Market Trends, Growth Factors and Opportunities
  6.4.4 Pumps: Grographic Segmentation
 6.5 Fans
  6.5.1 Introduction and Market Overview
  6.5.2 Historic and Forecasted Market Size (2017-2032F)
  6.5.3 Key Market Trends, Growth Factors and Opportunities
  6.5.4 Fans: Grographic Segmentation
 6.6 Others
  6.6.1 Introduction and Market Overview
  6.6.2 Historic and Forecasted Market Size (2017-2032F)
  6.6.3 Key Market Trends, Growth Factors and Opportunities
  6.6.4 Others: Grographic Segmentation

Chapter 7: Intelligent Motor Controller Market by Voltage
 7.1 Intelligent Motor Controller Market Overview Snapshot and Growth Engine
 7.2 Intelligent Motor Controller Market Overview
 7.3 Low
  7.3.1 Introduction and Market Overview
  7.3.2 Historic and Forecasted Market Size (2017-2032F)
  7.3.3 Key Market Trends, Growth Factors and Opportunities
  7.3.4 Low: Grographic Segmentation
 7.4 Medium
  7.4.1 Introduction and Market Overview
  7.4.2 Historic and Forecasted Market Size (2017-2032F)
  7.4.3 Key Market Trends, Growth Factors and Opportunities
  7.4.4 Medium: Grographic Segmentation

Chapter 8: Intelligent Motor Controller Market by Industry
 8.1 Intelligent Motor Controller Market Overview Snapshot and Growth Engine
 8.2 Intelligent Motor Controller Market Overview
 8.3 Food & Beverage
  8.3.1 Introduction and Market Overview
  8.3.2 Historic and Forecasted Market Size (2017-2032F)
  8.3.3 Key Market Trends, Growth Factors and Opportunities
  8.3.4 Food & Beverage: Grographic Segmentation
 8.4 Pharmaceuticals
  8.4.1 Introduction and Market Overview
  8.4.2 Historic and Forecasted Market Size (2017-2032F)
  8.4.3 Key Market Trends, Growth Factors and Opportunities
  8.4.4 Pharmaceuticals: Grographic Segmentation
 8.5 Oil & Gas
  8.5.1 Introduction and Market Overview
  8.5.2 Historic and Forecasted Market Size (2017-2032F)
  8.5.3 Key Market Trends, Growth Factors and Opportunities
  8.5.4 Oil & Gas: Grographic Segmentation
 8.6 Chemicals & Petrochemicals
  8.6.1 Introduction and Market Overview
  8.6.2 Historic and Forecasted Market Size (2017-2032F)
  8.6.3 Key Market Trends, Growth Factors and Opportunities
  8.6.4 Chemicals & Petrochemicals: Grographic Segmentation
 8.7 Water & Wastewater
  8.7.1 Introduction and Market Overview
  8.7.2 Historic and Forecasted Market Size (2017-2032F)
  8.7.3 Key Market Trends, Growth Factors and Opportunities
  8.7.4 Water & Wastewater: Grographic Segmentation
 8.8 Power Generation
  8.8.1 Introduction and Market Overview
  8.8.2 Historic and Forecasted Market Size (2017-2032F)
  8.8.3 Key Market Trends, Growth Factors and Opportunities
  8.8.4 Power Generation: Grographic Segmentation
 8.9 Metals & Mining
  8.9.1 Introduction and Market Overview
  8.9.2 Historic and Forecasted Market Size (2017-2032F)
  8.9.3 Key Market Trends, Growth Factors and Opportunities
  8.9.4 Metals & Mining: Grographic Segmentation
 8.10 Cement & Aggregates
  8.10.1 Introduction and Market Overview
  8.10.2 Historic and Forecasted Market Size (2017-2032F)
  8.10.3 Key Market Trends, Growth Factors and Opportunities
  8.10.4 Cement & Aggregates: Grographic Segmentation
 8.11 Others
  8.11.1 Introduction and Market Overview
  8.11.2 Historic and Forecasted Market Size (2017-2032F)
  8.11.3 Key Market Trends, Growth Factors and Opportunities
  8.11.4 Others: Grographic Segmentation

Chapter 9: Company Profiles and Competitive Analysis
 9.1 Competitive Landscape
  9.1.1 Competitive Positioning
  9.1.2 Intelligent Motor Controller Sales and Market Share By Players
  9.1.3 Industry BCG Matrix
  9.1.4 Ansoff Matrix
  9.1.5 Intelligent Motor Controller Industry Concentration Ratio (CR5 and HHI)
  9.1.6 Top 5 Intelligent Motor Controller Players Market Share
  9.1.7 Mergers and Acquisitions
  9.1.8 Business Strategies By Top Players
 9.2 ABB
  9.2.1 Company Overview
  9.2.2 Key Executives
  9.2.3 Company Snapshot
  9.2.4 Operating Business Segments
  9.2.5 Product Portfolio
  9.2.6 Business Performance
  9.2.7 Key Strategic Moves and Recent Developments
  9.2.8 SWOT Analysis
 9.3 GENERAL ELECTRIC
 9.4 ROCKWELL AUTOMATION
 9.5 MITSUBISHI ELECTRIC
 9.6 SIEMENS AG
 9.7 LARSEN & TOUBRO
 9.8 SCHNEIDER ELECTRIC
 9.9 LSIS CO. LTD.
 9.10 NANOTEC ELECTRONIC GMBH & CO.
 9.11 NXP SEMICONDUCTORS
 9.12 FAIRFORD ELECTRONICS
 9.13 ROBOTEQ INC.
 9.14 OTHER MAJOR PLAYERS

Chapter 10: Global Intelligent Motor Controller Market Analysis, Insights and Forecast, 2017-2032
 10.1 Market Overview
 10.2 Historic and Forecasted Market Size By Motor Type
  10.2.1 AC
  10.2.2 DC
  10.2.3 Others
 10.3 Historic and Forecasted Market Size By Application
  10.3.1 Compressors
  10.3.2 Pumps
  10.3.3 Fans
  10.3.4 Others
 10.4 Historic and Forecasted Market Size By Voltage
  10.4.1 Low
  10.4.2 Medium
 10.5 Historic and Forecasted Market Size By Industry
  10.5.1 Food & Beverage
  10.5.2 Pharmaceuticals
  10.5.3 Oil & Gas
  10.5.4 Chemicals & Petrochemicals
  10.5.5 Water & Wastewater
  10.5.6 Power Generation
  10.5.7 Metals & Mining
  10.5.8 Cement & Aggregates
  10.5.9 Others

Chapter 11: North America Intelligent Motor Controller Market Analysis, Insights and Forecast, 2017-2032
 11.1 Key Market Trends, Growth Factors and Opportunities
 11.2 Impact of Covid-19
 11.3 Key Players
 11.4 Key Market Trends, Growth Factors and Opportunities
 11.4 Historic and Forecasted Market Size By Motor Type
  11.4.1 AC
  11.4.2 DC
  11.4.3 Others
 11.5 Historic and Forecasted Market Size By Application
  11.5.1 Compressors
  11.5.2 Pumps
  11.5.3 Fans
  11.5.4 Others
 11.6 Historic and Forecasted Market Size By Voltage
  11.6.1 Low
  11.6.2 Medium
 11.7 Historic and Forecasted Market Size By Industry
  11.7.1 Food & Beverage
  11.7.2 Pharmaceuticals
  11.7.3 Oil & Gas
  11.7.4 Chemicals & Petrochemicals
  11.7.5 Water & Wastewater
  11.7.6 Power Generation
  11.7.7 Metals & Mining
  11.7.8 Cement & Aggregates
  11.7.9 Others
 11.8 Historic and Forecast Market Size by Country
  11.8.1 U.S.
  11.8.2 Canada
  11.8.3 Mexico

Chapter 12: Europe Intelligent Motor Controller Market Analysis, Insights and Forecast, 2017-2032
 12.1 Key Market Trends, Growth Factors and Opportunities
 12.2 Impact of Covid-19
 12.3 Key Players
 12.4 Key Market Trends, Growth Factors and Opportunities
 12.4 Historic and Forecasted Market Size By Motor Type
  12.4.1 AC
  12.4.2 DC
  12.4.3 Others
 12.5 Historic and Forecasted Market Size By Application
  12.5.1 Compressors
  12.5.2 Pumps
  12.5.3 Fans
  12.5.4 Others
 12.6 Historic and Forecasted Market Size By Voltage
  12.6.1 Low
  12.6.2 Medium
 12.7 Historic and Forecasted Market Size By Industry
  12.7.1 Food & Beverage
  12.7.2 Pharmaceuticals
  12.7.3 Oil & Gas
  12.7.4 Chemicals & Petrochemicals
  12.7.5 Water & Wastewater
  12.7.6 Power Generation
  12.7.7 Metals & Mining
  12.7.8 Cement & Aggregates
  12.7.9 Others
 12.8 Historic and Forecast Market Size by Country
  12.8.1 Germany
  12.8.2 U.K.
  12.8.3 France
  12.8.4 Italy
  12.8.5 Russia
  12.8.6 Spain
  12.8.7 Rest of Europe

Chapter 13: Asia-Pacific Intelligent Motor Controller Market Analysis, Insights and Forecast, 2017-2032
 13.1 Key Market Trends, Growth Factors and Opportunities
 13.2 Impact of Covid-19
 13.3 Key Players
 13.4 Key Market Trends, Growth Factors and Opportunities
 13.4 Historic and Forecasted Market Size By Motor Type
  13.4.1 AC
  13.4.2 DC
  13.4.3 Others
 13.5 Historic and Forecasted Market Size By Application
  13.5.1 Compressors
  13.5.2 Pumps
  13.5.3 Fans
  13.5.4 Others
 13.6 Historic and Forecasted Market Size By Voltage
  13.6.1 Low
  13.6.2 Medium
 13.7 Historic and Forecasted Market Size By Industry
  13.7.1 Food & Beverage
  13.7.2 Pharmaceuticals
  13.7.3 Oil & Gas
  13.7.4 Chemicals & Petrochemicals
  13.7.5 Water & Wastewater
  13.7.6 Power Generation
  13.7.7 Metals & Mining
  13.7.8 Cement & Aggregates
  13.7.9 Others
 13.8 Historic and Forecast Market Size by Country
  13.8.1 China
  13.8.2 India
  13.8.3 Japan
  13.8.4 Singapore
  13.8.5 Australia
  13.8.6 New Zealand
  13.8.7 Rest of APAC

Chapter 14: Middle East & Africa Intelligent Motor Controller Market Analysis, Insights and Forecast, 2017-2032
 14.1 Key Market Trends, Growth Factors and Opportunities
 14.2 Impact of Covid-19
 14.3 Key Players
 14.4 Key Market Trends, Growth Factors and Opportunities
 14.4 Historic and Forecasted Market Size By Motor Type
  14.4.1 AC
  14.4.2 DC
  14.4.3 Others
 14.5 Historic and Forecasted Market Size By Application
  14.5.1 Compressors
  14.5.2 Pumps
  14.5.3 Fans
  14.5.4 Others
 14.6 Historic and Forecasted Market Size By Voltage
  14.6.1 Low
  14.6.2 Medium
 14.7 Historic and Forecasted Market Size By Industry
  14.7.1 Food & Beverage
  14.7.2 Pharmaceuticals
  14.7.3 Oil & Gas
  14.7.4 Chemicals & Petrochemicals
  14.7.5 Water & Wastewater
  14.7.6 Power Generation
  14.7.7 Metals & Mining
  14.7.8 Cement & Aggregates
  14.7.9 Others
 14.8 Historic and Forecast Market Size by Country
  14.8.1 Turkey
  14.8.2 Saudi Arabia
  14.8.3 Iran
  14.8.4 UAE
  14.8.5 Africa
  14.8.6 Rest of MEA

Chapter 15: South America Intelligent Motor Controller Market Analysis, Insights and Forecast, 2017-2032
 15.1 Key Market Trends, Growth Factors and Opportunities
 15.2 Impact of Covid-19
 15.3 Key Players
 15.4 Key Market Trends, Growth Factors and Opportunities
 15.4 Historic and Forecasted Market Size By Motor Type
  15.4.1 AC
  15.4.2 DC
  15.4.3 Others
 15.5 Historic and Forecasted Market Size By Application
  15.5.1 Compressors
  15.5.2 Pumps
  15.5.3 Fans
  15.5.4 Others
 15.6 Historic and Forecasted Market Size By Voltage
  15.6.1 Low
  15.6.2 Medium
 15.7 Historic and Forecasted Market Size By Industry
  15.7.1 Food & Beverage
  15.7.2 Pharmaceuticals
  15.7.3 Oil & Gas
  15.7.4 Chemicals & Petrochemicals
  15.7.5 Water & Wastewater
  15.7.6 Power Generation
  15.7.7 Metals & Mining
  15.7.8 Cement & Aggregates
  15.7.9 Others
 15.8 Historic and Forecast Market Size by Country
  15.8.1 Brazil
  15.8.2 Argentina
  15.8.3 Rest of SA

Chapter 16 Investment Analysis

Chapter 17 Analyst Viewpoint and Conclusion