Global Low Voltage Motor Control Center Market Is Estimated To...

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2023-09-01 10:23:32 -

Global Low Voltage Motor Control Center Market Is Estimated To Witness High Growth Owing To Increasing Industrial Automation and Rising Energy Efficiency Initiatives

The global Low Voltage Motor Control Center (LVMCC) market is estimated to be valued at US$3,807.5 million in 2022 and is expected to exhibit a CAGR of 7.17% over the forecast period 2023-2030, as highlighted in a new report published by Coherent Market Insights.Market Overview:Low Voltage Motor Control Centers (LVMCC) are an integral part of industrial automation systems and are widely used in...

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