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Intelligent Motor Control Centers (iMCC) Market Analysis
R
rachnaseth
4 Views • May 03, 2016
Description
The iMCCs market generated revenue of around $2.45 billion in 2014 and is estimated to grow at a CAGR of 8.6% through 2020. The growing demand for open-network communication network systems and real-time diagnostic information generation systems is driving the demand for iMCCs primarily. Since iMCCs can monitor and diagnose equipment at any time from any location; this feature is driving the demand from the end-user industry also.
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