05152024Wed
Last updateSun, 04 Feb 2024 4am

Aging Infrastructure and Energy Catalyze the Low Voltage Motor Control Center Market

The continuing investments worldwide in infrastructure, commodity manufacturing, oil exploration, mining, and power generation are providing a sustained base of growth in the overall Low Voltage Motor Control Center (LV-MCC) business. The worldwide market for Low Voltage Motor Control Centers has remained relatively insensitive to the economic turmoil that has affected many industrial markets. Capital expenditures in this product sector have continued on a steady growth path according to a new ARC Advisory Group study.

Low Voltage Motor Control Center Business“The Low Voltage Motor Control Center market has remained recession-proof as many organizations recognize the value of a centralized automation and MCC infrastructure that can support the ability to manage operations more efficiently,” according to Research Director Sal Spada, the principal author of ARC’s new study “Low Voltage Motor Control Center Worldwide Outlook”.

For further information on this please visit ARC Advisory Group

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