U.S. Motor Control Center Market Size, Share & COVID-19 Impact Analysis, By Voltage (Low Voltage Motor Control Centers and Medium Voltage Motor Control Centers), By Type (Conventional Motor and Smart Motor), By Component (Busbar, Circuit Breaker & Fuses, Relay, Variable Speed Drives, and Others), and By End-user (Oil & Gas, Iron & Steel, Minerals & Mining, Food & Beverage, Automotive, Commercial, and Others), and Country Forecast, 2023-2030

The U.S. motor control center market size was valued at USD 1.02 billion in 2022 and is projected to grow at a CAGR of 5.86% during the forecast period. 

The U.S. has observed a significant rise in the utilization of motor control centers (MCC) due to its benefits, where it plays a critical role in industrial facilities, providing protection and control for electrical motors and associated systems. They are used in various industrial and commercial applications. This center may also be located on the plant floor near the machines it controls. The mechanization of various industrial processes requires many motors, and thus MCC is required to control all of these motors. Industrial development has increased the need for automation and mechanization of various industrial processes driving the growth of the market.

COVID-19 spread rapidly globally, with nearly every country reporting infected cases. Each country faced a unique situation during the pandemic. The oil & gas industry, a key player in the market, experienced falling oil prices due to oversupply and declining demand, leading to negative impacts on refineries. Consequently, their investments in advanced equipment stagnated. The U.S. motor control center market share was significantly affected by the COVID-19 pandemic, primarily due to a lack of skilled professionals to operate the technology.

U.S. Motor Control Center Market Trends

Infiltration of Industrial Automation Drives Market Growth

Factors supporting the U.S. motor control center market growth include the infiltration of industrial automation in the market, upgraded versions of industrial equipment, and amplified power generation capacity. Oil & gas refineries use low-voltage MCC to centrally operate the electric motors that power several industrial processes, such as pumps, air compressors, drilling, production, and processing. This motivated various companies to add new features to their low-voltage motor control solutions to accommodate a wide range of applications. Consistent technological development and improvements in existing infrastructure have provided manufacturers with substantial opportunities in the market.

U.S. Motor Control Center Market Growth Factors

Increasing Demand for Intelligent MCC to Drive the Growth of the Market

One of the market drivers is an intelligent MCC that controls and monitors the operation of a series of electrical loads. When combined with smart devices and communication, these devices become intelligent and deliver actionable vision into your energy system. With this advanced intelligent MCC, data can be easily accessed, well-informed decisions can be made, and control MCC can enhance facility processes and power system performance. Contractors, engineers, original equipment manufacturers (OEMs), and facility and maintenance managers utilize intelligent MCC to increase the speed of project timelines, enhance personnel, reduce costs, and gain valuable insights into plant operations.

RESTRAINING FACTORS

Global Decrease in Crude Oil Prices, Leading to Stagnancy in Investment from the Oil & Gas Industry Impeded Market Expansion

Oil & Gas is one of the primary end-user industries in the U.S. motor control centers market. The current drop in crude oil prices has caused an instant fall in capital budgets, dropping the demand for industrial equipment. Several oil traders have observed that the demand is plummeting even more rapidly as the global oil supplies dwindle.

Technological advancements in the production of crude oil, political conditions, and alternative energy sources are also significant factors affecting oil markets. This has directed oil & gas companies to focus on the betterment of operational efficiency by utilizing the same equipment instead of buying more or new efficient products.

U.S. Motor Control Center Market Segmentation Analysis

By Voltage Analysis

Based on voltage, the market is segmented into low voltage and medium voltage motor control centers. The low voltage segment held a larger share in 2022 owing to their implementation on a large scale in a variety of industries.

Low-voltage segment dominate the market due to their widespread use in various industries, including paper & pulp, iron & steel, food & beverage, and metal & mining. They are manufactured with premium-grade components to ensure optimum performance. These are used for three-phase alternating current motors from 208V to 600V.

By Type Analysis

Based on type, the market is segmented into conventional motor and smart motor. The conventional motor segment held a larger share in 2022 owing to their advantage over the smart motor.

The conventional motor segment is dominating the market due to its constituents, such as circuit breakers for speed control, variable speed drives, relays, and motor protection functions as per the requirement. These are simple to understand and operate and are based on electromechanical technology and conventional analogue.

By Component Analysis

Based on component, the market is segmented into busbar, circuit breaker & fuses, relay, variable speed drives, and others. The circuit breaker & fuses segment held a larger share in 2022 owing to the growing use of these centers for switchgear components as safety measures.

It is mandatory to control the speed of the motor and enhance its performance in shops, offices, homes, and industrial facilities, which contributes to market growth. The market is expanding due to the relay segment and other components such as soft starter pushbuttons, power disconnects, and selector switches.

By End-user Analysis

Based on end-user, the market is classified into oil & gas, iron & steel, minerals & mining, food & beverage, automotive, commercial, and others. The oil & gas held a larger share in 2022 owing to its wide usage in the petroleum industry to power processes and utilities.

The minerals and mining sector holds the second largest market share due to the growing industry recognition of these centers that monitor and manage mining operations.

List of Key U.S. Motor Control Center Market Companies

The U.S. motor control center market includes some key industry players and several small and medium-scale players. Product enhancement has been the main strategy implemented by major players in the market. Moreover, collaboration is a major strategy used by key players, such as ABB and Siemens.

Major players include Mitsubishi Electric, Siemens, ABB, Powell, Schneider Electric, WEG, Eaton, Rockwell Automation, Ingeteam S.A., and Marine Electricals. These key companies hold considerable market share, and the rest of the market is dominated by a huge number of regional and local companies for a variety of end-use applications.

LIST OF KEY COMPANIES PROFILED:

• ABB (Switzerland)


• Mitsubishi Electric (Japan)


• Siemens (Germany)


• Schneider Electric (France)


• WEG (Brazil)


• Powell (U.S.)


• Rockwell Automation (U.S.)


• Eaton (Ireland)


• Tesco Controls Inc. (U.S.)


• Ingeteam S.A. (Spain)

KEY INDUSTRY DEVELOPMENTS:

• May 2023: Mitsubishi Electric Corp. has strengthened its collaboration with Movensys Inc. regarding the motion control business and AC service. In this new conglomerate, Mitsubishi Electric is aiming to enlarge its AC servo business, focusing on manufacturing semiconductor equipment & applications by including Movensys technologies & product capabilities.


• August 2022: WEG announced their plans to acquire an Italian company, the Motion Control division of Gefran S.p.A (Gefran), which is involved in manufacturing electrical components, industrial automation equipment, and sensors. This acquisition is expected to enhance WEG’s foothold in markets, such as India, China, Germany, and Italy.


• August 2022: ABB announced their agreement to acquire Siemens' NEMA low voltage motor division. This acquisition delivers a highly observed product portfolio, a dedicated North American consumer base, and a qualified operation, sales, and management team with manufacturing operations in Mexico.

REPORT COVERAGE

The U.S. motor control center market research report provides a detailed analysis of the market. It focuses on key aspects, such as an overview of technological advancements, the prevalence of low-voltage MCC in the U.S., and pricing analysis. Additionally, it includes an overview of the advancement in the MCC, the number of installations performed in U.S., new product launches, key industry developments, such as mergers, partnerships, and acquisitions and the impact of COVID-19 on the market. Besides, the report also offers insights into the market trends and highlights key industry dynamics. In addition to the aforementioned factors, it encompasses several factors that have contributed to the market growth over recent years.

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