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, QorvoĀ®, 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.
Global Intelligent Motor Controller Market |
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Base Year: |
2023 |
Forecast Period: |
2024-2032 |
Historical Data: |
2017 to 2023 |
Market Size in 2023: |
USD 921.08 Mn. |
Forecast Period 2024-32 CAGR: |
5.3 % |
Market Size in 2032: |
USD 1466.06 Mn. |
Segments Covered: |
By Motor Type |
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By Application |
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By Voltage |
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By Industry |
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By Region |
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Key Market Drivers: |
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Key Market Restraints: |
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Key Opportunities: |
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Companies Covered in the report: |
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Chapter 1: Introduction
ā1.1 Research Objectives
ā1.2 Research Methodology
ā1.3 Research Process
ā1.4 Scope and Coverage
āā1.4.1 Market Definition
āā1.4.2 Key Questions Answered
ā1.5 Market Segmentation
Chapter 2:Executive Summary
Chapter 3:Growth Opportunities By Segment
ā3.1 By Motor Type
ā3.2 By Application
ā3.3 By Voltage
ā3.4 By Industry
Chapter 4: Market Landscape
ā4.1 Porter's Five Forces Analysis
āā4.1.1 Bargaining Power of Supplier
āā4.1.2 Threat of New Entrants
āā4.1.3 Threat of Substitutes
āā4.1.4 Competitive Rivalry
āā4.1.5 Bargaining Power Among Buyers
ā4.2 Industry Value Chain Analysis
ā4.3 Market Dynamics
āā4.3.1 Drivers
āā4.3.2 Restraints
āā4.3.3 Opportunities
āā4.5.4 Challenges
ā4.4 Pestle Analysis
ā4.5 Technological Roadmap
ā4.6 Regulatory Landscape
ā4.7 SWOT Analysis
ā4.8 Price Trend Analysis
ā4.9 Patent Analysis
ā4.10 Analysis of the Impact of Covid-19
āā4.10.1 Impact on the Overall Market
āā4.10.2 Impact on the Supply Chain
āā4.10.3 Impact on the Key Manufacturers
āā4.10.4 Impact on the Pricing
Chapter 5: Intelligent Motor Controller Market by Motor Type
ā5.1 Intelligent Motor Controller Market Overview Snapshot and Growth Engine
ā5.2 Intelligent Motor Controller Market Overview
ā5.3 AC
āā5.3.1 Introduction and Market Overview
āā5.3.2 Historic and Forecasted Market Size (2017-2032F)
āā5.3.3 Key Market Trends, Growth Factors and Opportunities
āā5.3.4 AC: Grographic Segmentation
ā5.4 DC
āā5.4.1 Introduction and Market Overview
āā5.4.2 Historic and Forecasted Market Size (2017-2032F)
āā5.4.3 Key Market Trends, Growth Factors and Opportunities
āā5.4.4 DC: Grographic Segmentation
ā5.5 Others
āā5.5.1 Introduction and Market Overview
āā5.5.2 Historic and Forecasted Market Size (2017-2032F)
āā5.5.3 Key Market Trends, Growth Factors and Opportunities
āā5.5.4 Others: Grographic Segmentation
Chapter 6: Intelligent Motor Controller Market by Application
ā6.1 Intelligent Motor Controller Market Overview Snapshot and Growth Engine
ā6.2 Intelligent Motor Controller Market Overview
ā6.3 Compressors
āā6.3.1 Introduction and Market Overview
āā6.3.2 Historic and Forecasted Market Size (2017-2032F)
āā6.3.3 Key Market Trends, Growth Factors and Opportunities
āā6.3.4 Compressors: Grographic Segmentation
ā6.4 Pumps
āā6.4.1 Introduction and Market Overview
āā6.4.2 Historic and Forecasted Market Size (2017-2032F)
āā6.4.3 Key Market Trends, Growth Factors and Opportunities
āā6.4.4 Pumps: Grographic Segmentation
ā6.5 Fans
āā6.5.1 Introduction and Market Overview
āā6.5.2 Historic and Forecasted Market Size (2017-2032F)
āā6.5.3 Key Market Trends, Growth Factors and Opportunities
āā6.5.4 Fans: Grographic Segmentation
ā6.6 Others
āā6.6.1 Introduction and Market Overview
āā6.6.2 Historic and Forecasted Market Size (2017-2032F)
āā6.6.3 Key Market Trends, Growth Factors and Opportunities
āā6.6.4 Others: Grographic Segmentation
Chapter 7: Intelligent Motor Controller Market by Voltage
ā7.1 Intelligent Motor Controller Market Overview Snapshot and Growth Engine
ā7.2 Intelligent Motor Controller Market Overview
ā7.3 Low
āā7.3.1 Introduction and Market Overview
āā7.3.2 Historic and Forecasted Market Size (2017-2032F)
āā7.3.3 Key Market Trends, Growth Factors and Opportunities
āā7.3.4 Low: Grographic Segmentation
ā7.4 Medium
āā7.4.1 Introduction and Market Overview
āā7.4.2 Historic and Forecasted Market Size (2017-2032F)
āā7.4.3 Key Market Trends, Growth Factors and Opportunities
āā7.4.4 Medium: Grographic Segmentation
Chapter 8: Intelligent Motor Controller Market by Industry
ā8.1 Intelligent Motor Controller Market Overview Snapshot and Growth Engine
ā8.2 Intelligent Motor Controller Market Overview
ā8.3 Food & Beverage
āā8.3.1 Introduction and Market Overview
āā8.3.2 Historic and Forecasted Market Size (2017-2032F)
āā8.3.3 Key Market Trends, Growth Factors and Opportunities
āā8.3.4 Food & Beverage: Grographic Segmentation
ā8.4 Pharmaceuticals
āā8.4.1 Introduction and Market Overview
āā8.4.2 Historic and Forecasted Market Size (2017-2032F)
āā8.4.3 Key Market Trends, Growth Factors and Opportunities
āā8.4.4 Pharmaceuticals: Grographic Segmentation
ā8.5 Oil & Gas
āā8.5.1 Introduction and Market Overview
āā8.5.2 Historic and Forecasted Market Size (2017-2032F)
āā8.5.3 Key Market Trends, Growth Factors and Opportunities
āā8.5.4 Oil & Gas: Grographic Segmentation
ā8.6 Chemicals & Petrochemicals
āā8.6.1 Introduction and Market Overview
āā8.6.2 Historic and Forecasted Market Size (2017-2032F)
āā8.6.3 Key Market Trends, Growth Factors and Opportunities
āā8.6.4 Chemicals & Petrochemicals: Grographic Segmentation
ā8.7 Water & Wastewater
āā8.7.1 Introduction and Market Overview
āā8.7.2 Historic and Forecasted Market Size (2017-2032F)
āā8.7.3 Key Market Trends, Growth Factors and Opportunities
āā8.7.4 Water & Wastewater: Grographic Segmentation
ā8.8 Power Generation
āā8.8.1 Introduction and Market Overview
āā8.8.2 Historic and Forecasted Market Size (2017-2032F)
āā8.8.3 Key Market Trends, Growth Factors and Opportunities
āā8.8.4 Power Generation: Grographic Segmentation
ā8.9 Metals & Mining
āā8.9.1 Introduction and Market Overview
āā8.9.2 Historic and Forecasted Market Size (2017-2032F)
āā8.9.3 Key Market Trends, Growth Factors and Opportunities
āā8.9.4 Metals & Mining: Grographic Segmentation
ā8.10 Cement & Aggregates
āā8.10.1 Introduction and Market Overview
āā8.10.2 Historic and Forecasted Market Size (2017-2032F)
āā8.10.3 Key Market Trends, Growth Factors and Opportunities
āā8.10.4 Cement & Aggregates: Grographic Segmentation
ā8.11 Others
āā8.11.1 Introduction and Market Overview
āā8.11.2 Historic and Forecasted Market Size (2017-2032F)
āā8.11.3 Key Market Trends, Growth Factors and Opportunities
āā8.11.4 Others: Grographic Segmentation
Chapter 9: Company Profiles and Competitive Analysis
ā9.1 Competitive Landscape
āā9.1.1 Competitive Positioning
āā9.1.2 Intelligent Motor Controller Sales and Market Share By Players
āā9.1.3 Industry BCG Matrix
āā9.1.4 Ansoff Matrix
āā9.1.5 Intelligent Motor Controller Industry Concentration Ratio (CR5 and HHI)
āā9.1.6 Top 5 Intelligent Motor Controller Players Market Share
āā9.1.7 Mergers and Acquisitions
āā9.1.8 Business Strategies By Top Players
ā9.2 ABB
āā9.2.1 Company Overview
āā9.2.2 Key Executives
āā9.2.3 Company Snapshot
āā9.2.4 Operating Business Segments
āā9.2.5 Product Portfolio
āā9.2.6 Business Performance
āā9.2.7 Key Strategic Moves and Recent Developments
āā9.2.8 SWOT Analysis
ā9.3 GENERAL ELECTRIC
ā9.4 ROCKWELL AUTOMATION
ā9.5 MITSUBISHI ELECTRIC
ā9.6 SIEMENS AG
ā9.7 LARSEN & TOUBRO
ā9.8 SCHNEIDER ELECTRIC
ā9.9 LSIS CO. LTD.
ā9.10 NANOTEC ELECTRONIC GMBH & CO.
ā9.11 NXP SEMICONDUCTORS
ā9.12 FAIRFORD ELECTRONICS
ā9.13 ROBOTEQ INC.
ā9.14 OTHER MAJOR PLAYERS
Chapter 10: Global Intelligent Motor Controller Market Analysis, Insights and Forecast, 2017-2032
ā10.1 Market Overview
ā10.2 Historic and Forecasted Market Size By Motor Type
āā10.2.1 AC
āā10.2.2 DC
āā10.2.3 Others
ā10.3 Historic and Forecasted Market Size By Application
āā10.3.1 Compressors
āā10.3.2 Pumps
āā10.3.3 Fans
āā10.3.4 Others
ā10.4 Historic and Forecasted Market Size By Voltage
āā10.4.1 Low
āā10.4.2 Medium
ā10.5 Historic and Forecasted Market Size By Industry
āā10.5.1 Food & Beverage
āā10.5.2 Pharmaceuticals
āā10.5.3 Oil & Gas
āā10.5.4 Chemicals & Petrochemicals
āā10.5.5 Water & Wastewater
āā10.5.6 Power Generation
āā10.5.7 Metals & Mining
āā10.5.8 Cement & Aggregates
āā10.5.9 Others
Chapter 11: North America Intelligent Motor Controller Market Analysis, Insights and Forecast, 2017-2032
ā11.1 Key Market Trends, Growth Factors and Opportunities
ā11.2 Impact of Covid-19
ā11.3 Key Players
ā11.4 Key Market Trends, Growth Factors and Opportunities
ā11.4 Historic and Forecasted Market Size By Motor Type
āā11.4.1 AC
āā11.4.2 DC
āā11.4.3 Others
ā11.5 Historic and Forecasted Market Size By Application
āā11.5.1 Compressors
āā11.5.2 Pumps
āā11.5.3 Fans
āā11.5.4 Others
ā11.6 Historic and Forecasted Market Size By Voltage
āā11.6.1 Low
āā11.6.2 Medium
ā11.7 Historic and Forecasted Market Size By Industry
āā11.7.1 Food & Beverage
āā11.7.2 Pharmaceuticals
āā11.7.3 Oil & Gas
āā11.7.4 Chemicals & Petrochemicals
āā11.7.5 Water & Wastewater
āā11.7.6 Power Generation
āā11.7.7 Metals & Mining
āā11.7.8 Cement & Aggregates
āā11.7.9 Others
ā11.8 Historic and Forecast Market Size by Country
āā11.8.1 U.S.
āā11.8.2 Canada
āā11.8.3 Mexico
Chapter 12: Europe Intelligent Motor Controller Market Analysis, Insights and Forecast, 2017-2032
ā12.1 Key Market Trends, Growth Factors and Opportunities
ā12.2 Impact of Covid-19
ā12.3 Key Players
ā12.4 Key Market Trends, Growth Factors and Opportunities
ā12.4 Historic and Forecasted Market Size By Motor Type
āā12.4.1 AC
āā12.4.2 DC
āā12.4.3 Others
ā12.5 Historic and Forecasted Market Size By Application
āā12.5.1 Compressors
āā12.5.2 Pumps
āā12.5.3 Fans
āā12.5.4 Others
ā12.6 Historic and Forecasted Market Size By Voltage
āā12.6.1 Low
āā12.6.2 Medium
ā12.7 Historic and Forecasted Market Size By Industry
āā12.7.1 Food & Beverage
āā12.7.2 Pharmaceuticals
āā12.7.3 Oil & Gas
āā12.7.4 Chemicals & Petrochemicals
āā12.7.5 Water & Wastewater
āā12.7.6 Power Generation
āā12.7.7 Metals & Mining
āā12.7.8 Cement & Aggregates
āā12.7.9 Others
ā12.8 Historic and Forecast Market Size by Country
āā12.8.1 Germany
āā12.8.2 U.K.
āā12.8.3 France
āā12.8.4 Italy
āā12.8.5 Russia
āā12.8.6 Spain
āā12.8.7 Rest of Europe
Chapter 13: Asia-Pacific Intelligent Motor Controller Market Analysis, Insights and Forecast, 2017-2032
ā13.1 Key Market Trends, Growth Factors and Opportunities
ā13.2 Impact of Covid-19
ā13.3 Key Players
ā13.4 Key Market Trends, Growth Factors and Opportunities
ā13.4 Historic and Forecasted Market Size By Motor Type
āā13.4.1 AC
āā13.4.2 DC
āā13.4.3 Others
ā13.5 Historic and Forecasted Market Size By Application
āā13.5.1 Compressors
āā13.5.2 Pumps
āā13.5.3 Fans
āā13.5.4 Others
ā13.6 Historic and Forecasted Market Size By Voltage
āā13.6.1 Low
āā13.6.2 Medium
ā13.7 Historic and Forecasted Market Size By Industry
āā13.7.1 Food & Beverage
āā13.7.2 Pharmaceuticals
āā13.7.3 Oil & Gas
āā13.7.4 Chemicals & Petrochemicals
āā13.7.5 Water & Wastewater
āā13.7.6 Power Generation
āā13.7.7 Metals & Mining
āā13.7.8 Cement & Aggregates
āā13.7.9 Others
ā13.8 Historic and Forecast Market Size by Country
āā13.8.1 China
āā13.8.2 India
āā13.8.3 Japan
āā13.8.4 Singapore
āā13.8.5 Australia
āā13.8.6 New Zealand
āā13.8.7 Rest of APAC
Chapter 14: Middle East & Africa Intelligent Motor Controller Market Analysis, Insights and Forecast, 2017-2032
ā14.1 Key Market Trends, Growth Factors and Opportunities
ā14.2 Impact of Covid-19
ā14.3 Key Players
ā14.4 Key Market Trends, Growth Factors and Opportunities
ā14.4 Historic and Forecasted Market Size By Motor Type
āā14.4.1 AC
āā14.4.2 DC
āā14.4.3 Others
ā14.5 Historic and Forecasted Market Size By Application
āā14.5.1 Compressors
āā14.5.2 Pumps
āā14.5.3 Fans
āā14.5.4 Others
ā14.6 Historic and Forecasted Market Size By Voltage
āā14.6.1 Low
āā14.6.2 Medium
ā14.7 Historic and Forecasted Market Size By Industry
āā14.7.1 Food & Beverage
āā14.7.2 Pharmaceuticals
āā14.7.3 Oil & Gas
āā14.7.4 Chemicals & Petrochemicals
āā14.7.5 Water & Wastewater
āā14.7.6 Power Generation
āā14.7.7 Metals & Mining
āā14.7.8 Cement & Aggregates
āā14.7.9 Others
ā14.8 Historic and Forecast Market Size by Country
āā14.8.1 Turkey
āā14.8.2 Saudi Arabia
āā14.8.3 Iran
āā14.8.4 UAE
āā14.8.5 Africa
āā14.8.6 Rest of MEA
Chapter 15: South America Intelligent Motor Controller Market Analysis, Insights and Forecast, 2017-2032
ā15.1 Key Market Trends, Growth Factors and Opportunities
ā15.2 Impact of Covid-19
ā15.3 Key Players
ā15.4 Key Market Trends, Growth Factors and Opportunities
ā15.4 Historic and Forecasted Market Size By Motor Type
āā15.4.1 AC
āā15.4.2 DC
āā15.4.3 Others
ā15.5 Historic and Forecasted Market Size By Application
āā15.5.1 Compressors
āā15.5.2 Pumps
āā15.5.3 Fans
āā15.5.4 Others
ā15.6 Historic and Forecasted Market Size By Voltage
āā15.6.1 Low
āā15.6.2 Medium
ā15.7 Historic and Forecasted Market Size By Industry
āā15.7.1 Food & Beverage
āā15.7.2 Pharmaceuticals
āā15.7.3 Oil & Gas
āā15.7.4 Chemicals & Petrochemicals
āā15.7.5 Water & Wastewater
āā15.7.6 Power Generation
āā15.7.7 Metals & Mining
āā15.7.8 Cement & Aggregates
āā15.7.9 Others
ā15.8 Historic and Forecast Market Size by Country
āā15.8.1 Brazil
āā15.8.2 Argentina
āā15.8.3 Rest of SA
Chapter 16 Investment Analysis
Chapter 17 Analyst Viewpoint and Conclusion
Global Intelligent Motor Controller Market |
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Base Year: |
2023 |
Forecast Period: |
2024-2032 |
Historical Data: |
2017 to 2023 |
Market Size in 2023: |
USD 921.08 Mn. |
Forecast Period 2024-32 CAGR: |
5.3 % |
Market Size in 2032: |
USD 1466.06 Mn. |
Segments Covered: |
By Motor Type |
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By Application |
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By Voltage |
|
||
By Industry |
|
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By Region |
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Key Market Drivers: |
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Key Market Restraints: |
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Key Opportunities: |
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Companies Covered in the report: |
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Frequently Asked Questions :
The forecast period in the Intelligent Motor Controller Market research report is 2024-2032.
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 others.
The Intelligent Motor Controller Market is segmented into Motor Type, Application, Voltage, Industry, and region. By Motor Type, the market is categorized into AC, DC, and Others. By Application, the market is categorized into Compressors, Pumps, Fans, and Others. By Voltage, the market is categorized into Low, Medium. By Industry, the market is categorized into Food & Beverage, Pharmaceuticals, Oil & Gas, Chemicals & Petrochemicals, Water & Wastewater, Power Generation, Metals & Mining, Cement & Aggregates, and Others. By region, it is analyzed across North America (U.S.; Canada; Mexico), Europe (Germany; U.K.; France; Italy; Russia; Spain, etc.), Asia-Pacific (China; India; Japan; Southeast Asia, etc.), South America (Brazil; Argentina, etc.), Middle East & Africa (Saudi Arabia; South Africa, etc.).
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.
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.