Market Trends

The Global Intelligent Motor Control Centers (MCC) Market revenue is $3.10 billion by 2017 and forecasted to grow at a CAGR of more than 8.60 % during 2018 to 2023. Americas region which constitutes North America and Latin American countries is the largest market for Intelligent MCC. The Americas region is the dominant market for Intelligent Motor Control Systems due to its wide range of industrial clusters and high level of manufacturing automation. Americas is the home to some of the major suppliers of Intelligent MCC such as Rockwell Automation and General Electric. During the recent years, there has been a fundamental shift in the energy outlook of the continent, mainly driven by technology, innovation, investment and new policies. The structural reform in Mexico and Brazil is creating opportunities for higher growth in the economy. What is Intelligent Motor Control Centers Market? Intelligent Motor Control Systems (MCC's) is a combination of innovative communication capabilit