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Category - Discrete & Process Automation Geography - GlobalBy Attribute
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New technologies, including network connectivity, drive the replacement market for Low Voltage Motor Control Centers (LV MCCs)July 19, 2018The LV MCC market is estimated to have been worth $3.08 billion in 2016, up 2.2% Y/Y. Growth has been most pronounced in EMEA and Asia Pacific, while the Americas market has shrunk. As a result, the LV MCC market is forecast to be worth $3.54 billion by 2021 with an overall CAGR of 2.8%.
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Industrial Ethernet infrastructure components market making strong gainsMay 07, 2018Global revenue from industrial Ethernet infrastructure components in 2017 is estimated to have hit $2.2 billion.