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Motor control centers market - PowerPoint PPT Presentation

Motor Control Centers (MCC) Market Product Segment, Specifications and Analysis till 2023

The global Motor Control Centers (MCC) Market is expected to display higher growth rate in the upcoming period. Rapid surge in the market is credited to the increasing adoption of low voltage motors in various end-use industries. Motor control centers (MCC) are currently employed in different industries such as chemicals & petrochemicals, paper & pulp, cement, and food and beverage. Globally, market is predicted to generate massive revenue over the forecast period, providing numerous opportunities for industry participants to invest in research and development of motor control centers (MCC).

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Witness the Excellent Long-Term Growth Outlook of Motor Control Centers Market: $6.22 Billion by 2022

The global motor control centers market is projected to grow at a CAGR of 5.47%, from 2017 to 2022, to reach a market size of USD 6.22 Billion by 2022. This growth is attributed to increasing industrial automation in developed regions and increasing power generation capacity additions globally

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Motor control centers market - PowerPoint PPT Presentation

Motor Control Centers (MCC) Market Product Segment, Specifications and Analysis till 2023

Witness the Excellent Long-Term Growth Outlook of Motor Control Centers Market: $6.22 Billion by 2022