LOW VOLTAGE MOTOR CONTROL CENTER MARKET ANALYSIS

Leading Companies

Global Low Voltage Motor Control Center Market: Key Developments

In February 2021, ABB announced the launch of ReliaGear Low Voltage Motor Control Center, which is developed to offer durability, simplicity, and safety.

In June 2021, Siemens Energy received a contract from UPM-Kymmene for supplying EAD (electrification, automation, and digitalization) package for its next-generation biorefinery that is being developed in Germany.

In February 2020, Eaton Corporation formed a joint venture with Abunayyan Holding for production and service of low and medium voltage switchgear in the Middle East. The venture is likely to operate in locations in Dubai, Dammam, Saudi Arabia, and the UAE, as Eaton Arabia.

In January 2020, Rockwell introduced a new motor protection circuit breakers offering cost, time, and space savings. These circuit breakers are UL approved for group installation, which can reduce installation and wiring time, panel space, and the total cost.

Global Low Voltage Motor Control Center Market: Key Companies Insights

The global low voltage motor control center market is highly competitive. This is attributed to continuous launch of new technologies due to ongoing R &D and efforts by value chain participants. Moreover, key players are adopting various business growth strategies in order to expand their presence on regional as well as global basis.

Some of the key players in the global low voltage motor control center market are Tesco Controls Inc., ABB Ltd., Mitsubishi Electric Corporation, Schneider Electric SE, Allis Electric Co. Ltd., Siemens AG, Weg SA, Rockwell Automation Inc., and Eaton Corporation PLC.