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“Key Market Players:
Rockwell Automation (US), ABB (Switzerland), Siemens (Germany), Schneider Electric (France), Eaton (Ireland), Fuji Electric (Japan), WEG (Brazil), Mitsubishi Electric (Japan), Larsen & Toubro (India), Vidhyut Electric (India), TES (UK), Rittal (Germany), Technical Controls (UK), Tesco Control (US), LSIS (South Korea), WEG (Brazil)”
The global motor control centers market is projected to reach USD 6.3 billion by 2025 from an estimated market size of USD 4.6 billion in 2020, at a CAGR of 6.4% during the forecast period.
According to the new market research report “Motor Control Centers Market by Type (Intelligent, Conventional), Voltage (Low, Medium), End-User, Standard, Component, Region (Asia Pacific, North America, Europe, South America, and the Middle East & Africa) – Global Forecast to 2025″, the motor control centers market is expected to grow from an estimated value of USD 4.6 billion in 2020 to USD 6.3 billion by 2025, at a CAGR of 6.