TechNavio today launched its Intelligent Motor Control Center Market in China 2010“2014 report based on an in-depth study focusing on China. The report aids decision makers™ understanding of the present and the future landscape of this market.
Commenting on the report, an analyst from TechNavio™s Hardware team said, The penetration of IMCCs into various industrial segments has led to a drop in the prices of components that are used in MCCs. The reduction in prices by a small margin also affects the penetration of IMCC. This is proving to be a challenge to the growth of the Chinese market.
TechNavio™s report highlights that the advanced techniques used in IMCC to simplify the complexity of the traditional wiring practice in MCCs. As a result, customers are increasingly adopting IMCC over MCC. Moreover, end-users are constantly looking for quicker, more efficient processes that can support them in minimizing implementation time and speed up operations.
Key findings from the report:
¢ Increasing Preference for Intelligent Technologies
¢ Increasing Focus on Automation and Capacity Building
¢ IMCC Gaining Importance in Non-carbon Industries
The contents of this report are based on research conducted on an objective combination of primary and secondary scores, including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key players.
TechNavio, the market research platform of Infiniti Research Ltd, publishes periodic reports on niche and emerging technologies. For further information, please visit https://www.technavio.com/content/intelligent-motor-control-center-market…
Follow us on Twitter @Technavio