Intelligent Motor Control Centers (IMCC) Market Business Plans, Strategies With Forecast by 2028
The global intelligent motor control centers (IMCC) market is expected to display higher growth rate in the upcoming years.
The global intelligent motor control centers (IMCC) market is expected to display higher growth rate in the upcoming years.
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The intelligent motor control centers (<strong>IMCC</strong>) market is broadly categorized into several segments based on the<br />
application type such as oil & gas industry, mining & metals industry, power generation sector, chemicals industry,<br />
pulp & paper industry, water & waste water industry, food & beverages industry, automotive sector, and ship<br />
building & transport sector. Oil & gas industry segment is growing rapidly in the market with substantial revenue<br />
generation in the last few years.<br />
The <strong>IMCC</strong> market is divided <strong>by</strong> region as North America, Europe, Asia-Pacific, Latin America and Africa. North<br />
America has shown major growth in the recent years owing to the rising implementation of latest technologies in<br />
industrial automation sector, surging number of research & development activities and existence of wellestablished<br />
manufacturing infrastructure in the region. In European region, Germany, France, and United Kingdom<br />
are projected to witness steady growth over the coming years.<br />
Asia-Pacific region is estimated to hold a major share in the market with massive growth in the forecast period.<br />
Countries such as India, China and Singapore are leading the Asia-Pacific market with strong economic growth,<br />
rising awareness level among small and medium-sized businesses, growing number of manufacturing activities, and<br />
significant investment <strong>by</strong> leading industry players considering potential growth opportunities in the region.<br />
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The key players in the intelligent motor control centers (<strong>IMCC</strong>) market are Rockwell Automation, Inc., ABB Group,<br />
Schneider Electric SE, Siemens AG, Mitsubishi Electric Corp., Eaton Corp., Allis Electric Co., Ltd., Larsen & Toubro<br />
Ltd., Pima <strong>Control</strong>s Ltd., and Togami Electric Ltd.<br />
<strong>Market</strong> Segment:<br />
Leading players of <strong>Intelligent</strong> <strong>Motor</strong> <strong>Control</strong> <strong>Centers</strong> (<strong>IMCC</strong>) including:<br />
• ABB<br />
• Eaton<br />
• Siemens<br />
• General Electric<br />
• Schneider Electric<br />
• Rockwell Automation<br />
• Fuji Electric
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