A motor control center is a centralized hub consisting of motor control units sharing a common power bus. Deployed for the control, protection, and monitoring of a motor circuit, this device is used for industrial and commercial applications. Each section of a motor control center contains soft starters, feeders, transformers, adjustable frequency drives, overload relays, circuit breakers, and panel boards, among others. Motor control centers provide a switching mechanism that is used to control, protect, and monitor a motor circuit. They also offer fault containment and electrical component isolation. Motor control centers are used in several industrial and commercial applications where multiple, remotely controlled loads are connected to a control point. ________________ *Core competencies of the companies are captured in terms of their key developments, SWOT analyses, and key strategies adopted to sustain their positions in the market
Visionary leaders are the leading market players in terms of new developments such as product launches, innovative technologies, and the adoption of growth strategies. These players have a broad product offering that caters to most of the regions globally. Visionary leaders primarily focus on acquiring the leading market position through their strong financial capabilities and their well-established brand equity.
Dynamic Differentiators are established players with very strong business strategies. However, they have a weaker product portfolio compared to the visionary leaders. They generally focus only on a specific type of technology related to the product.
Innovators in the competitive leadership mapping are vendors that have demonstrated substantial product innovations as compared to their competitors. The companies have focused on product portfolios. However, they do not have very strong growth strategies for their overall business, when compared with the visionary leaders.
Emerging companies have niche product and service offerings. Their business strategies are not as strong as that of the established vendors. The emerging vendors include the new entrants in the market, emerging in terms of product portfolio and geographic reach, and require time to gain significant traction in the market.