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
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...