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Motor Control Centers Industry Outlook, 2020-2025 - Adoption of IoT-enabled MCCs have Encouraged Vendors to Develop Advanced Control Modules and Integrate Smart Devices with Medium Voltage Variants

Apr 06, 2020 - PR Newswire

PR Newswire

The"Motor Control Centers Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2020-2025"report has been added toResearchAndMarkets.com'soffering.

The global motor control center market is currently witnessing healthy growth. Looking forward, the market is expected to grow at a CAGR of around 5% during 2020-2025.

The rising trend of industrial automation, along with increasing power generation capacities is the key factor drivi...