Intelligent Motor Control Centers Market Worth USD 4 Billion by 2020

“The global market for intelligent motor control centers can be segmented based on the motor types into low voltage motors or high voltage motors, by their construction standards NEMA type and IEC Type, by sales channels into direct sales and distribution”
The major drivers for Intelligent Motor Control Centers market are the increasing focus of organizations on open communication networks, energy saving, efficiency improvement and the growing Internet of Things technology in manufacturing and engineering.
According to the market report “Intelligent Motor Control Centers (iMCC) Market Analysis: by Type (Low Voltage, Medium Voltage); by Standards (NEMA, IEC); by End user industry (Oil & Gas, Mining, Food & Beverage, Power Generation) – With Forecast (2015 – 2020)”, published by IndustryARC, the market to reach $4 billion by 2020.
 
Browse 165 Market Tables, 105 Figures spread through 310 Pages and an in-depth TOC on “Intelligent Motor Control Centers Market”
 
Intelligent Motor Control Systems combine advanced system-wide communication capabilities of integrated architecture with intelligent motor control devices that help to design single solution which helps to control, communicate and protect assets. The design of an iMCC has full segregated power and control cable compartment for independent access. The withdrawable units of an iMCC are equipped with the smart sensor technology for measuring current, voltage and contact temperature. 
 
The Intelligent Motor Control Centers helps the end-user industries to design a strategic asset management strategy especially with the motor related issues. In many industries, 60% of maintenance repair and operations inventory are classified as excessive or inactive. The costs, especially with motor related assets, can uncover savings which further improve the return and assets and equipment effectiveness. Emphasis by end-user industries on networked motor control systems helps them to meet both product quality and product development goals. The network based motor control centers provide motor diagnostics and motor related information which enables the users to do predictive maintenance and avoid costly damages which inturn could reduce the costs associated with the equipment downtime. This diagnostic information helps the manufacturers to achieve higher product quality and product development goals.
 
According to a recent study from IndustryARC, the global market value of Intelligent Motor Control Centers was nearly equal to $2.45 billion in 2014, wherein the Low Voltage iMCCs accounted for more than 77% market share. This segment is further segmented based on the type of protection, namely: Arc-flash and Non-Flash iMCCs and also by their construction standards such as NEMA and IEC. The Low Voltage iMCCs segment is estimated to exhibit healthy growth in the period of 2015-2020 and is seen as a potential high growth segment. 
 
 
In end-user industries, the oil & gas sector is the dominant segment followed by mining & metals sector. In these industries, the adoption of automation and control systems is on the rise and is creating market for the iMCCs. Increasing industrialization and user demand globally is aiding the market growth.
 
Based on the construction standards that the iMCCs adhere, the iMCCs market can be segmented into IEC (International Electrotechnical Commission) and NEMA (National Electrical Manufactures Association) standards which are dispersed across geographical regions. The NEMA design standards are majorly followed in the North American and some parts of the Middle Eastern market; whereas, the IEC standard construction types are mainly followed in Europe and the APAC market. The IEC construction standard based iMCCs market is dominated by panel builders who design the panel solutions and integrate the intelligent components into their systems and supply to the end-user. The NEMA market is a complete integrated iMCC solution market dominated by the major players such as Eaton Corporation, Rockwell Automation and Schneider Electric.
 
The Market has been analyzed by the following End User Verticals: 
  • Oil & Gas
  • Mining & Metals
  • Chemical
  • Power Generation
  • Water & Waste Water
  • Food & Beverage
  • Others
Following Key Players were also covered as part of the market landscape analysis:
  • Eaton Corporation
  • Siemens AG
  • Schneider Electric
  • Rockwell Automation
  • General Electric
  • ABB Group
  • COMECA Group
In 2014, the most preferred strategy adopted by the major players was product development. These products were launched to increase the supplier’s penetration across various industries. The number of product developments from the year 2013 to 2015 (till date) amounted to 48. Due to the increasing competition and varied demand from end-user industries, the iMCCs manufacturers have to continuously develop their products which can provide the desired data reliability and also the desired parameter information to the customer.

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