The industrial segment has been further sub segmented into oil and gas, chemicals, mining and metals, cement and utilities. The oil and gas and mining and metals segments are the largest end-users in the industrial segment; however, these segments are expected to achieve slow growth during the forecast period, owing to oil price downfall.

A motor control center (MCC) is an enclosed assembly of motor starters or overload protection devices with common power busbar to control several motors. MCC helps in increasing productivity and minimizing the operating costs. Growth in industrial automation and upgradation of the power infrastructure is expected to contribute to the growth of the market. Additionally, motor control centers could efficiently integrate production and business networks with field-equipment. 

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Emerging economies such as India, China and Brazil are the major countries that  offer greater opportunities for the growth of the global market. The demand for MCCs from developing nations can be attributed to the growth in industries such as food and beverage, pharmaceutical, and pulp and paper. Continuous technological advancements and discoveries in communication and transmission network is expected to drive the global market for MCC. Intelligent MCCs (iMCCs) with remote diagnostic capabilities and advanced features such as loss detection and predictive maintenance are new developments made to meet the industrial requirements. 

Decrease in greenfield investments by the oil and gas industry is one of the restraining factors for the motor control centers market, globally. In terms of voltage, medium voltage motor control centers are expected to register higher growth in the global market. The demand for medium voltage motor control centers is higher than that for low voltage motor control centers.

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Growing industrial automation and growth of various industries such as chemicals, power, and oil and gas are driving the demand for motor control centers in the region. The Asia-Pacific market is driven by countries such as China, Japan, India, and Australia, due to growing industrialization and fast growing economy. The market in this region is projected to grow at a higher rate, with India and China expected to offer high potential for this growth.

Some of the key players in the global motor control centers market are ABB Ltd., Siemens AG, Eaton Corporation, Schneider Electric, Fuji Electric, Rockwell Corporation, General Electric, Mitsubishi Electric Corporation and WEG SA.

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