The Strange Story About Low Voltage Motor Control Centers Market You Must Read

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The Strange Story About Low Voltage Motor Control
Centers Market You Must Read The report "Low
Voltage Motor Control Centers Market by Type
(Intelligent and Conventional), End-User
(Industrial and Commercial), Component (Busbars,
Circuit Breakers and Fuses, Overload Relays,
VSDS, and Soft Starters), and Region - Global
Forecast to 2022", The low voltage motor control
centers market is expected to grow from an
estimated value of USD 3.07 Billion in 2017 to
USD 4.03 Billion by 2022, at a CAGR of 5.62 from
2017 to 2022. The global market is set to
witness a significant growth due to the rising
industrial automation and increased use of low
voltage electric motors across key
industries. The leading players in the low
voltage motor control centers market ABB
(Switzerland) Schneider Electric (France) Eaton
(Ireland) Siemens (Germany) Rockwell Automation
(U.S.) General Electric (U.S.) Get a Sample Copy
_at_ https//www.marketsandmarkets.com/requestsample
.asp?id66267149 The busbars segment of the low
voltage motor control centers market, by
component, accounted for the largest market size
in 2016. Busbars are the major current carrying
components of low voltage motor control centers.
These are used in utilities to deliver power to
buildings and, in industrial applications, to
deliver power to electrical loads. Also, the
busbars alternative to traditional cabling
provides numerous advantages to the installer and
client, including savings on space, time, and
cost. All these factors are expected to drive the
busbars segment of low voltage motor control
centers market. The report segments the low
voltage motor control centers market, by
end-user, into industrial and commercial. The
industrial segment includes the oil gas, water
and wastewater, power generation, mining, and
others subsegments, the last of which includes
the cement, chemicals and petrochemicals, and
paper and pulp industries. The oil gas segment
accounted for the
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• largest market share in 2016 as low voltage motor
  control centers are extensively used to control
  low voltage motors for drilling and various
  others production processes in the oil gas
  sector.
• The utilities segment is expected to grow at the
  highest CAGR from 2017 to 2022, due to the
  increasing power generation capacity additions
  globally.
• Download PDF Brochure _at_ https//www.marketsandmar
  kets.com/pdfdownload.asp?id66267149
• Table of Contents
• Introduction
• Research Methodology
• Executive Summary
• Premium Insights
• Market Overview
• Market Segmentation
• Competitive Landscape

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Buy This Report _at_ https//www.marketsandmarkets.c
om/Purchase/purchase_report1.asp?id66267149 The
oil gas industry is one of the leading end-user
industries for low voltage motor control
centers. The oil gas industry requires all
types of motor control centers to provide
sufficient protection from voltage, speed, and
frequency surges to run business operations
smoothly and without any interruption. The
recent downturn in crude oil prices has resulted
in a steep fall in capital budgets, which has
reduced the demand for industrial equipment. The
stagnancy in the oil gas industry is expected
to act as a restraint for the low voltage motor
control centers market. About MarketsandMarkets M
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