MV Switchgears and Motor Control Centers market

MV Switchgears and Motor Control Centers Market, Global Outlook and Forecast 2022-2028

  • 07 April 2022
  • Energy and Natural Resources
  • 119 Pages
  • Report code : PMR-6981929

  • 4.7 (158)

MV Switchgears and Motor Control Centers Market

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In general, medium voltage is a term used by the electrical power distribution industry. Here are a few ways medium voltage is defined: ANSI/IEEE 1585-2002 refers to: Medium Voltage (1 - 35 kV). IEEE Std 1623-2004 refers to: Devices rated to medium voltage.

A motor control center (MCC) is an assembly to control some or all electric motors in a central location. It consists of multiple enclosed sections having a common power bus and with each section containing a combination starter, which in turn consists of motor starter, fuses or circuit breaker, and power disconnect.

MV Switchgears and Motor Control Centers Market contains market size and forecasts of MV Switchgears and Motor Control Centers in global, including the following market information:

  • Global MV Switchgears and Motor Control Centers Market Revenue, 2017-2022, 2023-2028, ($ millions)
  • Global MV Switchgears and Motor Control Centers Market Sales, 2017-2022, 2023-2028, (K Units)
  • Global top five MV Switchgears and Motor Control Centers companies in 2021 (%)

The global MV Switchgears and Motor Control Centers market was valued at million in 2021 and is projected to reach US$ million by 2028, at a CAGR of % during the forecast period.

The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.

Indoor Segment to Reach $ Million by 2028, with a % CAGR in next six years.

The global key manufacturers of MV Switchgears and Motor Control Centers include Rockwell Automation, ABB, Siemens, Schneider Electric, Eaton, Fuji Electric, WEG, Mitsubishi Electric and Larsen & Toubro, etc. In 2021, the global top five players have a share approximately % in terms of revenue.

We surveyed the MV Switchgears and Motor Control Centers manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.

Total Market by Segment:

Global MV Switchgears and Motor Control Centers Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (K Units)

Global MV Switchgears and Motor Control Centers Market Segment Percentages, by Type, 2021 (%)

  • Indoor
  • Outdoor

Global MV Switchgears and Motor Control Centers Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (K Units)

Global MV Switchgears and Motor Control Centers Market Segment Percentages, by Application, 2021 (%)

  • Commercial
  • Industries
  • Agriculture
  • Residential
  • Utilities
  • Others

Global MV Switchgears and Motor Control Centers Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (K Units)

Global MV Switchgears and Motor Control Centers Market Segment Percentages, By Region and Country, 2021 (%)

  • North America
  • US
  • Canada
  • Mexico
  • Europe
  • Germany
  • France
  • U.K.
  • Italy
  • Russia
  • Nordic Countries
  • Benelux
  • Rest of Europe
  • Asia
  • China
  • Japan
  • South Korea
  • Southeast Asia
  • India
  • Rest of Asia
  • South America
  • Brazil
  • Argentina
  • Rest of South America
  • Middle East & Africa
  • Turkey
  • Israel
  • Saudi Arabia
  • UAE
  • Rest of Middle East & Africa

Competitor Analysis

The report also provides analysis of leading market participants including:

  • Key companies MV Switchgears and Motor Control Centers revenues in global market, 2017-2022 (Estimated), ($ millions)
  • Key companies MV Switchgears and Motor Control Centers revenues share in global market, 2021 (%)
  • Key companies MV Switchgears and Motor Control Centers sales in global market, 2017-2022 (Estimated), (K Units)
  • Key companies MV Switchgears and Motor Control Centers sales share in global market, 2021 (%)

Further, the report presents profiles of competitors in the market, key players include:

  • Rockwell Automation
  • ABB
  • Siemens
  • Schneider Electric
  • Eaton
  • Fuji Electric
  • WEG
  • Mitsubishi Electric
  • Larsen & Toubro
  • Vidhyut Electric
  • TES
  • Rittal
  • Technical Controls
  • Tesco Control
  • LSIS
  • WEG SA

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