The global intelligent motor control center market was valued at USD 1.52 billion in 2017 and is expected to reach a value of USD 2.62 billion by 2023, at a CAGR of 9.39%, over the forecast period. The report discusses various technological aspects of IMCCs. Regions considered for the scope of this report are North America, Europe, and various others. The study also emphasizes on how the increasing level of industrial automation is affecting demand.
IMCCs are useful as they combine hardware, software, and communication systems. Data generated by PLCs and motor starters is collected and analyzed to minimize the equipment downtime of the motors. Motor life is a very important factor to be considered. Loss detection and soft start of the motors help the motor save energy and reduce the replacement rate of the motors, increasing cost savings. Automation is a growing trend that is witnessed across various industries. High labor costs and high competitive rivalry have triggered the demand for automated systems in the processes. These solutions are replacing manual labor in various industrial processes. They are also prominent in manufacturing industries such as automobile manufacturing. Driven by the trend of industry 4.0, there is an increasing adoption of motor control centers in Germany, Japan, and the United States. Moreover, with increasing oil explorations such as shale gas and oil in North America, gas in Russia, Asia, and the Middle East, more IMCCs are expected to be deployed in the next few years, driving the intelligent motor control center market.
Benefits of IMCC over Conventional MCC to Drive the Market
The intelligent MCCs substantially simplify wiring, troubleshooting, rearranging units, and adding sections and units. They also provide new information that can be used to minimize downtime, facilitate monitoring of MCCs and related equipment, and decreases repair time. Intelligent MCC software allows access of user’s specific data files and building the corresponding screens. Three-quarters of motor failures are expected to be prevented when intelligent MCCs are used as they provide insights that can help catch motor problems. Moreover, an intelligent MCC can help in achieving cost savings of at least 20% on integration and first year operations.
Oil and Gas Industry to have the Highest Market Share
The oil and gas industry has the highest number of intelligent Motor Control Centers (iMCC), owing to the continuous operation nature of the plants. Adoption of iMCC technologies has led to the cost savings in this industry. IMCCs can help in the precise control of the amount of torque to be used for the motor irrespective of human involvement owing to the presence of load, torque, and current monitoring systems. Many companies have been implementing SCADA technologies for the integration of plant production logistics. Implementation of IMCCs enables the easier implementation of such systems, owing to the integration of control, and this is further expected to drive demand in the oil and gas industry.
Medium Voltage IMCCs to have the Highest Growth Rate
Medium voltage motors are typically larger horsepower motors. They are often customized to meet specific application requirements. Several of the manufacturers stock medium voltage motors, and most of them offer medium voltage motors through production. Most electric motors run on supply voltages under 600 V. Operating at these low voltages limits the current carrying capacity and output power needed for large industrial loads. Current limits pose a problem during motor start-up, which can be overcome by using medium voltage IMCCs. Moreover, these motors have seen widespread adoption across a gamut of industries, from utilities and raw materials processing to pulp and paper production.
Key Developments in the Market
- December 2017: ABB India got orders for automation and electrical system for a 2 MPTA Greenfield plant in Odisha by Emami Cement. The electrical distribution system comprises a 220 kV switchyard with a 20/25 MVA 220 kV/11 kV transformer, 11 kV board, and Intelligent Motor Control Center, among others.
Major Players: Rockwell Automation Inc., Eaton Corporation, Schneider Electric SE, ABB Ltd., Siemens AG, Larson & Turbo Limited, General Electric Co., and Technical Control Systems Limited, among others.
Reasons to Purchase the Report
- To analyze the increasing emphasis on industrial automation and its effects on market
- Analyzing various perspectives of the market with the help of Porter’s five forces analysis
- End users and regions that are expected to witness fastest growth during the forecast period
- Identify the latest developments, market shares, and strategies employed by the major market players
- 3 month analyst support, along with the Market Estimate sheet (in excel)
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1.1 Study Deliverables
1.2 Study Assumptions
1.3 Market Definition
1.4 Scope of the Study
2. Research Approach and Methodology
2.1 Analysis Methodology and Approach
2.2 Research Phases
3. Executive Summary
4. Market Dynamics
4.1 Market Overview
4.2 Impact Mapping - Drivers and Restraints
4.3 Factors Driving the Market
4.3.1 Increasing Level of Industrial Automation
4.3.2 Wide Range of Benefits Offered by Intelligent MCCs over Traditional MCCs
4.3.3 Increased Focus on Developing an Efficient Manufacturing/Production Processes
4.4 Factors Restraining the Market
4.4.1 Costlier Product Implementation due to Hidden Costs in Equipment Installation
4.4.2 Increase in the Use of Switchgears in Medium-voltage Segment
4.5 Industry Attractiveness – Porter's Five Industry Forces Analysis
4.5.1 Bargaining Power of Suppliers
4.5.2 Bargaining Power of Consumers
4.5.3 Threat of New Entrants
4.5.4 Threat of Substitute Products or Services
4.5.5 Competitive Rivalry among Existing Competitors
4.6 Industry Value Chain Analysis
5. Technology Snapshot
5.1.2 Starters and Amp Switches
5.1.3 Frequency Drives
5.1.5 Networked Components
5.1.6 Other Components
5.2 Construction Standards
5.2.1 National Electrical Manufacturers Association (NEMA)
5.2.2 International Electro-Technical Commission (IEC)
5.3 Means of Mitigation
5.3.1 Arc-flash Mitigation
5.3.2 Non-flash Mitigation
6. Global Intelligent Motor Control Center Market Segmentation
6.1 By Operating Voltage
6.1.1 Low-voltage Intelligent MCCs
6.1.2 Medium-voltage Intelligent MCCs
6.2 By End User
6.2.3 Food and Beverage
6.2.4 Mining and Metals
6.2.5 Pulp and Paper
6.2.6 Power Generation
6.2.7 Oil and Gas
6.2.8 Others (Cement Manufacturing, Waste Water Management)
6.3 By Region
6.3.1 North America
6.3.4 Latin America
6.3.5 Middle East and Africa
7. Competitive Intelligence – Company Profiles
7.1 Rockwell Automation Inc.
7.2 Eaton Corporation
7.3 Schneider Electric SE
7.4 ABB Ltd.
7.5 Siemens AG
7.6 Larson & Turbo Limited
7.7 General Electric Co.
7.8 Technical Control Systems Limited
*List not exhaustive
8. Investment Analysis
9. Future of the Market