Motor Soft Starter Market
Motor Soft Starter Market Analysis by Low and Medium Voltage for Fans, Pumps, and Compressors from 2023 to 2033
Analysis of Motor Soft Starter Market Covering 30+ Countries Including Analysis of US, Canada, UK, Germany, France, Nordics, GCC countries, Japan, Korea and many more
Motor Soft Starter Market Outlook (2023 to 2033)
Global demand for motor soft starters is projected to increase at a CAGR of 6% from 2023 to 2033. Currently, the global motor soft starter market is valued at US$ 2 billion and is thus expected to reach a market size of US$ 3.6 billion by the end of 2033.
Several sorts of machinery and equipment power industries. Among them is induction, the most widely utilized machine in the industry, representing a remarkable 70% of all motors utilized in modern industries. Due to their durability and effectiveness, induction motors outperform other industrial motors.
These devices require extensive protection against voltage surges and other hazards during operation to prevent damage and improve durability. The motor starter is the most commonly used equipment for protecting an induction motor.
Motor soft starters are used to reduce the inrush current generated during motor startup, increasing efficiency and extending motor shelf life. Soft starts are widely used in a variety of industries, including mining, power generation, and oil and gas.
The soft starter assists in managing motor acceleration, hence preventing motor damage during the operation. This equipment can be coupled with fans, compressors, pumps, and other devices to regulate current flow to the required level.
Enterprise automation is no longer limited to virtual assistants and simple robots that handle back-office tasks. Full-fledged enterprise automation technologies that aid in making educated decisions, optimizing processes, and enhancing customer experience are becoming more widespread in today's industries.
Automation is at the core of most businesses' digital transformation efforts. Even though automation was once associated with the manufacturing business, it has now permeated almost every industry.
Soft starters have moved to digital technology, like microprocessors, to offer customers a variety of new features and capabilities. Several soft starts now have network capabilities, enabling them to communicate with plant control systems and transfer data to a central database.
The integration of digital technology into soft starters is aiding suppliers in the development of compact, modular soft starters. Technologically advanced soft starters can offer superior communications capabilities, advanced monitoring and protection, and an 'energy saver' mode that can boost productivity and minimize downtime. Moreover, many market players are offering technologically advanced soft starters to increase their customer base and market share.
- Schneider Electric introduced the AltivarTV Soft Starter ATS480 in October 2022. The ATS480 is a step forward in the evolution of soft starts, considering the need for digitalization. ATS480 is designed for use in conveyors, compressors, pumps and fans, centrifugal machines, and other applications. It can support processes and infrastructure in a variety of industries, including mining, equipment manufacturing, minerals and metals, oil and gas, water and wastewater, and others.
Product improvements and the incorporation of sophisticated technologies such as IoT and AI in motor soft starters are significantly boosting the prospect of industrial automation; increasing industrial automation is raising the demand for motor soft starters across the world.
| Report Attributes | Details |
|---|---|
| Market Size (2023) | US$ 2 Billion |
| Projected Market Value (2033) | US$ 3.6 Billion |
| Global Market Growth Rate (2023 to 2033) | 6% CAGR |
| North America Market Share (2022) | 36% |
| Leading End-use Segment | Oil & Gas |
| Key Companies Profiled | Siemens AG; Emerson Electric Company; ABB Ltd; General Electric Company; Eaton Corporation PLC; Rockwell Automation, Inc; Schneider Electric SA; Toshiba International Corporation |
Don't Need a Global Report?
save 40%! on Country & Region specific reports
Why is Demand for Motor Soft Starters Surging?
“Increasing Need to Improve Efficiency & Safety of Power Distribution Systems across Industries”
The global market is being pushed by the increasing need to improve the safety and effectiveness of power distribution systems in a variety of industries, including mining, oil and gas, energy and power, and food and beverage.
Soft starters contribute to the efficiency of power distribution systems by preventing overloading and notifying about abnormal load circumstances. This helps to avoid equipment damage and associated expenditures. The product also helps to lengthen the life of equipment, which is useful in industrial activities in plants or factories. As a result, these aspects are expected to benefit the market.
“High Demand for Industrial Pumps”
The need for motor soft starters is growing due to the increased demand for industrial pumps such as centrifugal pumps. Centrifugal pumps are widely used in refineries, pipeline services, hydrocarbon processing, and water injection. The expansion of refineries around the world is likely to increase demand for centrifugal pumps.
- For example, Dharmendra Pradhan, India's Oil Minister, stated in June 2020 that India plans to expand its oil refining capacity to 450 to 500 million tonnes over the next ten years to fulfill growing domestic fuel demand.
“Government Efforts to Develop Water & Wastewater Treatment Facilities”
Government initiatives to expand water and wastewater treatment facilities are a major element contributing to the growth of the global market. Governmental investment, incentives, funding, and rising worldwide water use are critical in fueling the demand for motor soft starters. Increasing government incentives for wastewater treatment projects and assistance for modern manufacturing facilities are boosting market growth.
- According to the United Nations Water, 80% of wastewater is discharged into the environment without being treated or reused, adding to a global problem. Moreover, over 1.7 billion people consume unclean water, putting them at risk of developing cholera, typhoid, polio, or dysentery.
As a result, increasing government efforts to develop and improve water and wastewater treatment facilities are spurring the demand for motor soft starters.
- Wetaskiwin City Council began pressing the federal and provincial governments to cover two-thirds of the expenses involved with modernizing the water treatment plant and inked a US$ 12.9 million Alberta Provincial Grant to help fund the facility's development in August 2020.
Country-wise Insights
Which Countries are Contributing to North American Market Growth?
“United States, Canada, and Mexico to Contribute Significantly to Regional Market Expansion”
As per Fact.MR, a market research and competitive intelligence provider, North America captured 36% of the global market for motor soft starters in 2022. North America is leading the worldwide market due to the presence of numerous prominent motor soft starter manufacturers in the region.
The United States, Canada, and Mexico are significantly contributing to the regional market growth. The increasing use of automation in oil and gas exploration and manufacturing plants is propelling market growth in the United States. Moreover, the rapid growth in the oil and gas and construction industries is bolstering market expansion in Canada. Furthermore, heavy investment in the oil and gas industry and increased industrialization are driving the market in Mexico.
How are Sales of Motor Soft Starters Shaping Up in Asia Pacific?
“Japan and South Korea to Witness Increasing Sales of Motor Soft Starters”
The Asia Pacific market is developing at a rapid pace due to government regulations encouraging industrialization in the region. Moreover, sales of motor soft starters are increasing in Japan and South Korea due to the booming construction industry and heavy investments in industrial wastewater treatment.
Furthermore, growth in energy generation from coal and fossil fuels, combined with an expansion in the mining industry, is raising the demand for motor soft starters in these countries.
Why are the United Kingdom and German Markets Experiencing Considerable Growth?
“Heavy Investments in Water & Wastewater Treatment and Industrial Automation”
Demand for motor soft starters in Europe is surging. The market in the United Kingdom and Germany is experiencing considerable growth. Increased investment in water and wastewater treatment is driving the demand for motor soft starters in the United Kingdom. Moreover, growing investments in industrial automation are raising the usage of motor soft starters in Germany.
More Insights, Lesser Cost (-50% off)
Insights on import/export production,
pricing analysis, and more – Only @ Fact.MR
Category-wise Insights
Why are Motor Soft Starters in High Demand in the Oil & Gas Industry?
“Growing Number of Oil & Gas Projects in Several Countries”
Soft starter technology offers considerable advantages for compressor, pump, fan/blower, and centrifuge applications in the oil and gas offshore and onshore industries. The lowered start current reduces strain on the electrical supply, which is especially advantageous for remote applications such as isolated pumping stations or offshore oil rigs.
In the oil and gas upstream industry, the onshore segment has led chiefly the EPC (Engineering, Procurement, and Construction) market, owing to fewer investment requirements, less complexity, better access to locations, and reduced risk compared to the offshore segment.
- As per the IEA (International Energy Agency), worldwide demand for natural gas is predicted to expand significantly over the next ten years.
Massive investment in the oil and gas sector is expected to generate the need for soft starters, hence boosting the market growth.
Furthermore, the growing number of oil and gas projects in numerous countries, such as Canada and the United States, with substantial oil reserves and oil sand resources, are expected to provide the market with solid growth potential during the projection period.
- The United States is a major producer of natural gas and crude oil, making up roughly 14.1% and 20.0% of global output in 2019.
Competitive Landscape
The global market is highly competitive. Key players in the motor soft starter market are putting an emphasis on expanding their customer base in foreign markets. Market players are collaborating strategically to increase their market share and profitability.
Furthermore, as a result of technological advancements and product breakthroughs, mid-size to small enterprises are increasing their market presence by obtaining new contracts and entering new industries.
- Siemens AG launched the Sirius 3RW55 Failsafe, the company's first soft starter with inbuilt safe torque-off features, in August 2021. The product incorporates a fail-safe digital input that is directly connected to an emergency stop button. If an operator activates the emergency shutdown option, the motor comes to a complete halt. The motor continues in this mode until the interlock is activated. The company wants to increase its product offering with the launch of this novel motor soft starter.
- Aucom Electronics Ltd. announced a new addition to the soft starter line, the EMX4 advanced soft tarter, in February 2021, which is packed with smart motor control and protection functions. It has Smart Card functionality, converting it from a very smart motor controller to a comprehensive system controller. It also has motor, starter, and system protection capabilities, as well as alarms to warn the user of any potential problems.
Know thy Competitors
Competitive landscape highlights only certain players
Complete list available upon request
Key Segments of Motor Soft Starter Industry Research
-
By Voltage :
- Low
- Medium
-
By Application :
- Fans
- Pumps
- Compressors
-
By End Use :
- Oil & Gas
- Mining
- Power
- Water & Wastewater
- Other End Uses
-
By Region :
- North America
- Latin America
- Europe
- Asia Pacific & China
- Middle East & Africa
Table of Content
- 1. Global Market - Executive Summary
- 2. Global Market Overview
- 3. Market Risks and Trends Assessment
- 4. Market Background and Foundation Data Points
- 5. Global Market Demand (US$ Mn) Analysis 2018 to 2022 and Forecast, 2023 to 2033
- 6. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Voltage
- 6.1 Low
- 6.2 Medium
- 7. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, by Application
- 7.1 Fans
- 7.2 Pumps
- 7.3 Compressors
- 8. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, by End Use
- 8.1 Oil & Gas
- 8.2 Mining
- 8.3 Power
- 8.4 Water & Wastewater
- 8.5 Other End Uses
- 9. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, by Region
- 9.1 North America
- 9.2 Latin America
- 9.3 Europe
- 9.4 East Asia
- 9.5 South Asia & Oceania
- 9.6 Middle East and Africa (MEA)
- 10. North America Market Analysis 2018 to 2022 and Forecast 2023 to 2033
- 11. Latin America Market Analysis 2018 to 2022 and Forecast 2023 to 2033
- 12. Europe Market Analysis 2018 to 2022 and Forecast 2023 to 2033
- 13. East Asia Market Analysis 2018 to 2022 and Forecast 2023 to 2033
- 14. South Asia & Oceania Market Analysis 2018 to 2022 and Forecast 2023 to 2033
- 15. Middle East and Africa Market Analysis 2018 to 2022 and Forecast 2023 to 2033
- 16. Market Structure Analysis
- 17. Competition Analysis
- 17.1 Siemens AG
- 17.2 Emerson Electric Company
- 17.3 ABB Ltd
- 17.4 General Electric Company
- 17.5 Eaton Corporation PLC
- 17.6 Rockwell Automation, Inc
- 17.7 Schneider Electric SA
- 17.8 Toshiba International Corporation
- 18. Assumptions And Acronyms Used
- 19. Research Methodology
Don't Need a Global Report?
save 40%! on Country & Region specific reports
List Of Table
Table 01: Global Market Value (US$ Mn) Analysis, by Voltage, 2018 to 2022
Table 02: Global Market Value (US$ Mn) Analysis, by Voltage, 2023 to 2033
Table 03: Global Market Value (US$ Mn) Opportunity Analysis, by Voltage, 2023 to 2033
Table 04: Global Market Value (US$ Mn) Analysis, by Application, 2018 to 2022
Table 05: Global Market Value (US$ Mn) Analysis, by Application, 2023 to 2033
Table 06: Global Market Value (US$ Mn) Opportunity Analysis, by Application, 2023 to 2033
Table 07: Global Market Value (US$ Mn) Analysis, by End Use, 2018 to 2022
Table 08: Global Market Value (US$ Mn) Analysis, by End Use, 2023 to 2033
Table 09: Global Market Value (US$ Mn) Opportunity Analysis, by End Use, 2023 to 2033
Table 10: Global Market Value (US$ Mn) Analysis, by Region, 2018 to 2022
Table 11: Global Market Value (US$ Mn) Analysis, by Region, 2023 to 2033
Table 12: Global Market Value (US$ Mn) Opportunity Analysis, by Region, 2023 to 2033
Table 13: North America Market Value (US$ Mn) Analysis, by Country, 2018 to 2022
Table 14: North America Market Value (US$ Mn) Analysis, by Country, 2023 to 2033
Table 15: North America Market Value (US$ Mn) Opportunity Analysis, by Country, 2023 to 2033
Table 16: North America Market Value (US$ Mn) Analysis, by Voltage, 2018 to 2022
Table 17: North America Market Value (US$ Mn) Analysis, by Voltage, 2023 to 2033
Table 18: North America Market Value (US$ Mn) Opportunity Analysis, by Voltage, 2023 to 2033
Table 19: North America Market Value (US$ Mn) Analysis, by Application, 2018 to 2022
Table 20: North America Market Value (US$ Mn) Analysis, by Application, 2023 to 2033
Table 21: North America Market Value (US$ Mn) Opportunity Analysis, by Application, 2023 to 2033
Table 22: North America Market Value (US$ Mn) Analysis, by End Use, 2018 to 2022
Table 23: North America Market Value (US$ Mn) Analysis, by End Use, 2023 to 2033
Table 24: North America Market Value (US$ Mn) Opportunity Analysis, by End Use, 2023 to 2033
Table 25: Latin America Market Value (US$ Mn) Analysis, by Country, 2018 to 2022
Table 26: Latin America Market Value (US$ Mn) Analysis, by Country, 2023 to 2033
Table 27: Latin America Market Value (US$ Mn) Opportunity Analysis, by Country, 2023 to 2033
Table 28: Latin America Market Value (US$ Mn) Analysis, by Voltage, 2018 to 2022
Table 29: Latin America Market Value (US$ Mn) Analysis, by Voltage, 2023 to 2033
Table 30: Latin America Market Value (US$ Mn) Opportunity Analysis, by Voltage, 2023 to 2033
Table 31: Latin America Market Value (US$ Mn) Analysis, by Application, 2018 to 2022
Table 32: Latin America Market Value (US$ Mn) Analysis, by Application, 2023 to 2033
Table 33: Latin America Market Value (US$ Mn) Opportunity Analysis, by Application, 2023 to 2033
Table 34: Latin America Market Value (US$ Mn) Analysis, by End Use, 2018 to 2022
Table 35: Latin America Market Value (US$ Mn) Analysis, by End Use, 2023 to 2033
Table 36: Latin America Market Value (US$ Mn) Opportunity Analysis, by End Use, 2023 to 2033
Table 37: Europe Market Value (US$ Mn) Analysis, by Country, 2018 to 2022
Table 38: Europe Market Value (US$ Mn) Analysis, by Country, 2023 to 2033
Table 39: Europe Market Value (US$ Mn) Opportunity Analysis, by Country, 2023 to 2033
Table 40: Europe Market Value (US$ Mn) Analysis, by Voltage, 2018 to 2022
Table 41: Europe Market Value (US$ Mn) Analysis, by Voltage, 2023 to 2033
Table 42: Europe Market Value (US$ Mn) Opportunity Analysis, by Voltage, 2023 to 2033
Table 43: Europe Market Value (US$ Mn) Analysis, by Application, 2018 to 2022
Table 44: Europe Market Value (US$ Mn) Analysis, by Application, 2023 to 2033
Table 45: Europe Market Value (US$ Mn) Opportunity Analysis, by Application, 2023 to 2033
Table 46: Europe Market Value (US$ Mn) Analysis, by End Use, 2018 to 2022
Table 47: Europe Market Value (US$ Mn) Analysis, by End Use, 2023 to 2033
Table 48: Europe Market Value (US$ Mn) Opportunity Analysis, by End Use, 2023 to 2033
Table 49: East Asia Market Value (US$ Mn) Analysis, by Country, 2018 to 2022
Table 50: East Asia Market Value (US$ Mn) Analysis, by Country, 2023 to 2033
Table 51: East Asia Market Value (US$ Mn) Opportunity Analysis, by Country, 2023 to 2033
Table 52: East Asia Market Value (US$ Mn) Analysis, by Voltage, 2018 to 2022
Table 53: East Asia Market Value (US$ Mn) Analysis, by Voltage, 2023 to 2033
Table 54: East Asia Market Value (US$ Mn) Opportunity Analysis, by Voltage, 2023 to 2033
Table 55: East Asia Market Value (US$ Mn) Analysis, by Application, 2018 to 2022
Table 56: East Asia Market Value (US$ Mn) Analysis, by Application, 2023 to 2033
Table 57: East Asia Market Value (US$ Mn) Opportunity Analysis, by Application, 2023 to 2033
Table 58: East Asia Market Value (US$ Mn) Analysis, by End Use, 2018 to 2022
Table 59: East Asia Market Value (US$ Mn) Analysis, by End Use, 2023 to 2033
Table 60: East Asia Market Value (US$ Mn) Opportunity Analysis, by End Use, 2023 to 2033
Table 61: South Asia & Oceania Market Value (US$ Mn) Analysis, by Country, 2018 to 2022
Table 62: South Asia & Oceania Market Value (US$ Mn) Analysis, by Country, 2023 to 2033
Table 63: South Asia & Oceania Market Value (US$ Mn) Opportunity Analysis, by Country, 2023 to 2033
Table 64: South Asia & Oceania Market Value (US$ Mn) Analysis, by Voltage, 2018 to 2022
Table 65: South Asia & Oceania Market Value (US$ Mn) Analysis, by Voltage, 2023 to 2033
Table 66: South Asia & Oceania Market Value (US$ Mn) Opportunity Analysis, by Voltage, 2023 to 2033
Table 67: South Asia & Oceania Market Value (US$ Mn) Analysis, by Application, 2018 to 2022
Table 68: South Asia & Oceania Market Value (US$ Mn) Analysis, by Application, 2023 to 2033
Table 69: South Asia & Oceania Market Value (US$ Mn) Opportunity Analysis, by Application, 2023 to 2033
Table 70: South Asia & Oceania Market Value (US$ Mn) Analysis, by End Use, 2018 to 2022
Table 71: South Asia & Oceania Market Value (US$ Mn) Analysis, by End Use, 2023 to 2033
Table 72: South Asia & Oceania Market Value (US$ Mn) Opportunity Analysis, by End Use, 2023 to 2033
Table 73: MEA Market Value (US$ Mn) Analysis, by Country, 2018 to 2022
Table 74: MEA Market Value (US$ Mn) Analysis, by Country, 2023 to 2033
Table 75: MEA Market Value (US$ Mn) Opportunity Analysis, by Country, 2023 to 2033
Table 76: MEA Market Value (US$ Mn) Analysis, by Voltage, 2018 to 2022
Table 77: MEA Market Value (US$ Mn) Analysis, by Voltage, 2023 to 2033
Table 78: MEA Market Value (US$ Mn) Opportunity Analysis, by Voltage, 2023 to 2033
Table 79: MEA Market Value (US$ Mn) Analysis, by Application, 2018 to 2022
Table 80: MEA Market Value (US$ Mn) Analysis, by Application, 2023 to 2033
Table 81: MEA Market Value (US$ Mn) Opportunity Analysis, by Application, 2023 to 2033
Table 82: MEA Market Value (US$ Mn) Analysis, by End Use, 2018 to 2022
Table 83: MEA Market Value (US$ Mn) Analysis, by End Use, 2023 to 2033
Table 84: MEA Market Value (US$ Mn) Opportunity Analysis, by End Use, 2023 to 2033
More Insights, Lesser Cost (-50% off)
Insights on import/export production,
pricing analysis, and more – Only @ Fact.MR
List Of Figures
Figure 01: Global Market Value (US$ Mn) Historical Analysis, 2018 to 2022
Figure 02: Global Market Value (US$ Mn) Forecast and Analysis, 2023 to 2033
Figure 03: Global Market Value Y-o-Y Growth and Forecast, 2018 to 2033
Figure 04: Global Market Incremental $ Opportunity, 2023 to 2033
Figure 05: Global Market Share and BPS Analysis by Voltage, 2023 & 2033
Figure 06: Global Market Y-o-Y Growth Projections by Voltage, 2023 to 2033
Figure 07: Global Market Attractiveness Analysis by Voltage, 2023 to 2033
Figure 08: Global Market Share and BPS Analysis by Application, 2023 & 2033
Figure 09: Global Market Y-o-Y Growth Projections by Application, 2023 to 2033
Figure 10: Global Market Attractiveness Analysis by Application, 2023 to 2033
Figure 11: Global Market Share and BPS Analysis by End Use, 2023 & 2033
Figure 12: Global Market Y-o-Y Growth Projections by End Use, 2023 to 2033
Figure 13: Global Market Attractiveness Analysis by End Use, 2023 to 2033
Figure 14: Global Market Share and BPS Analysis by Region, 2023 & 2033
Figure 15: Global Market Y-o-Y Growth Projections by Region, 2023 to 2033
Figure 16: Global Market Attractiveness Analysis by Region, 2023 to 2033
Figure 17: North America Market Value (US$ Mn) Historical Analysis, 2018 to 2022
Figure 18: North America Market Value (US$ Mn) Forecast and Analysis, 2023 to 2033
Figure 19: North America Market Value Y-o-Y Growth and Forecast, 2033
Figure 20: North America Market Incremental $ Opportunity, 2023 to 2033
Figure 21: North America Market Share Analysis by Country, 2023 & 2033
Figure 22: North America Market Y-o-Y Growth Projection by Country, 2023 to 2033
Figure 23: North America Market Attractiveness Analysis by Country, 2023 to 2033
Figure 24: North America Market Share and BPS Analysis by Voltage, 2023 & 2033
Figure 25: North America Market Y-o-Y Growth Projections by Voltage, 2023 to 2033
Figure 26: North America Market Attractiveness Analysis by Voltage, 2023 to 2033
Figure 27: North America Market Share and BPS Analysis by Application, 2023 & 2033
Figure 28: North America Market Y-o-Y Growth Projections by Application, 2023 to 2033
Figure 29: North America Market Attractiveness Analysis by Application, 2023 to 2033
Figure 30: North America Market Share and BPS Analysis by End Use, 2023 & 2033
Figure 31: North America Market Y-o-Y Growth Projections by End Use, 2023 to 2033
Figure 32: North America Market Attractiveness Analysis by End Use, 2023 to 2033
Figure 33: Latin America Market Value (US$ Mn) Historical Analysis, 2018 to 2022
Figure 34: Latin America Market Value (US$ Mn) Forecast and Analysis, 2023 to 2033
Figure 35: Latin America Market Value Y-o-Y Growth and Forecast, 2018 to 2033
Figure 36: Latin America Market Incremental $ Opportunity, 2023 to 2033
Figure 37: Latin America Market Share Analysis by Country, 2023 & 2033
Figure 38: Latin America Market Y-o-Y Growth Projection by Country, 2023 to 2033
Figure 39: Latin America Market Attractiveness Analysis by Country, 2023 to 2033
Figure 40: Latin America Market Share and BPS Analysis by Voltage, 2023 & 2033
Figure 41: Latin America Market Y-o-Y Growth Projections by Voltage, 2023 to 2033
Figure 42: Latin America Market Attractiveness Analysis by Voltage, 2023 to 2033
Figure 43: Latin America Market Share and BPS Analysis by Application, 2023 & 2033
Figure 44: Latin America Market Y-o-Y Growth Projections by Application, 2023 to 2033
Figure 45: Latin America Market Attractiveness Analysis by Application, 2023 to 2033
Figure 46: Latin America Market Share and BPS Analysis by End Use, 2023 & 2033
Figure 47: Latin America Market Y-o-Y Growth Projections by End Use, 2023 to 2033
Figure 48: Latin America Market Attractiveness Analysis by End Use, 2023 to 2033
Figure 49: Europe Market Value (US$ Mn) Historical Analysis, 2018 to 2022
Figure 50: Europe Market Value (US$ Mn) Forecast and Analysis, 2023 to 2033
Figure 51: Europe Market Value Y-o-Y Growth and Forecast, 2018 to 2033
Figure 52: Europe Market Incremental $ Opportunity, 2023 to 2033
Figure 53: Europe Market Share Analysis by Country, 2023 & 2033
Figure 54: Europe Market Y-o-Y Growth Projection by Country, 2023 to 2033
Figure 55: Europe Market Attractiveness Analysis by Country, 2023 to 2033
Figure 56: Europe Market Share and BPS Analysis by Voltage, 2023 & 2033
Figure 57: Europe Market Y-o-Y Growth Projections by Voltage, 2023 to 2033
Figure 58: Europe Market Attractiveness Analysis by Voltage, 2023 to 2033
Figure 59: Europe Market Share and BPS Analysis by Application, 2023 & 2033
Figure 60: Europe Market Y-o-Y Growth Projections by Application, 2023 to 2033
Figure 61: Europe Market Attractiveness Analysis by Application, 2023 to 2033
Figure 62: Europe Market Share and BPS Analysis by End Use, 2023 & 2033
Figure 63: Europe Market Y-o-Y Growth Projections by End Use, 2023 to 2033
Figure 64: Europe Market Attractiveness Analysis by End Use, 2023 to 2033
Figure 65: East Asia Market Value (US$ Mn) Historical Analysis, 2018 to 2022
Figure 66: East Asia Market Value (US$ Mn) Forecast and Analysis, 2023 to 2033
Figure 67: East Asia Market Value Y-o-Y Growth and Forecast, 2018 to 2033
Figure 68: East Asia Market Incremental $ Opportunity, 2023 to 2033
Figure 69: East Asia Market Share Analysis by Country, 2023 & 2033
Figure 70: East Asia Market Y-o-Y Growth Projection by Country, 2023 to 2033
Figure 71: East Asia Market Attractiveness Analysis by Country, 2023 to 2033
Figure 72: East Asia Market Share and BPS Analysis by Voltage, 2023 & 2033
Figure 73: East Asia Market Y-o-Y Growth Projections by Voltage, 2023 to 2033
Figure 74: East Asia Market Attractiveness Analysis by Voltage, 2023 to 2033
Figure 75: East Asia Market Share and BPS Analysis by Application, 2023 & 2033
Figure 76: East Asia Market Y-o-Y Growth Projections by Application, 2023 to 2033
Figure 77: East Asia Market Attractiveness Analysis by Application, 2023 to 2033
Figure 78: East Asia Market Share and BPS Analysis by End Use, 2023 & 2033
Figure 79: East Asia Market Y-o-Y Growth Projections by End Use, 2023 to 2033
Figure 80: East Asia Market Attractiveness Analysis by End Use, 2023 to 2033
Figure 81: South Asia & Oceania Market Value (US$ Mn) Historical Analysis, 2018 to 2022
Figure 82: South Asia & Oceania Market Value (US$ Mn) Forecast and Analysis, 2023 to 2033
Figure 83: South Asia & Oceania Market Value Y-o-Y Growth and Forecast, 2018 to 2033
Figure 84: South Asia & Oceania Market Incremental $ Opportunity, 2023 to 2033
Figure 85: South Asia & Oceania Market Share Analysis by Country, 2023 & 2033
Figure 86: South Asia & Oceania Market Y-o-Y Growth Projection by Country, 2023 to 2033
Figure 87: South Asia & Oceania Market Attractiveness Analysis by Country, 2023 to 2033
Figure 88: South Asia & Oceania Market Share and BPS Analysis by Voltage, 2023 & 2033
Figure 89: South Asia & Oceania Market Y-o-Y Growth Projections by Voltage, 2023 to 2033
Figure 90: South Asia & Oceania Market Attractiveness Analysis by Voltage, 2023 to 2033
Figure 91: South Asia & Oceania Market Share and BPS Analysis by Application, 2023 & 2033
Figure 92: South Asia & Oceania Market Y-o-Y Growth Projections by Application, 2023 to 2033
Figure 93: South Asia & Oceania Market Attractiveness Analysis by Application, 2023 to 2033
Figure 94: South Asia & Oceania Market Share and BPS Analysis by End Use, 2023 & 2033
Figure 95: South Asia & Oceania Market Y-o-Y Growth Projections by End Use, 2023 to 2033
Figure 96: South Asia & Oceania Market Attractiveness Analysis by End Use, 2023 to 2033
Figure 97: MEA Market Value (US$ Mn) Historical Analysis, 2018 to 2022
Figure 98: MEA Market Value (US$ Mn) Forecast and Analysis, 2023 to 2033
Figure 99: MEA Market Value Y-o-Y Growth and Forecast, 2018 to 2033
Figure 100: MEA Market Incremental $ Opportunity, 2023 to 2033
Figure 101: MEA Market Share Analysis by Country, 2023 & 2033
Figure 102: MEA Market Y-o-Y Growth Projection by Country, 2023 to 2033
Figure 103: MEA Market Attractiveness Analysis by Country, 2023 to 2033
Figure 104: MEA Market Share and BPS Analysis by Voltage, 2023 & 2033
Figure 105: MEA Market Y-o-Y Growth Projections by Voltage, 2023 to 2033
Figure 106: MEA Market Attractiveness Analysis by Voltage, 2023 to 2033
Figure 107: MEA Market Share and BPS Analysis by Application, 2023 & 2033
Figure 108: MEA Market Y-o-Y Growth Projections by Application, 2023 to 2033
Figure 109: MEA Market Attractiveness Analysis by Application, 2023 to 2033
Figure 110: MEA Market Share and BPS Analysis by End Use, 2023 & 2033
Figure 111: MEA Market Y-o-Y Growth Projections by End Use, 2023 to 2033
Figure 112: MEA Market Attractiveness Analysis by End Use, 2023 to 2033
Know thy Competitors
Competitive landscape highlights only certain players
Complete list available upon request
- FAQs -
What is the current size of the global motor soft starter market?
The global motor soft starter market amounted to US$ 2 billion in 2023.
What is the predicted growth rate for the motor soft starter market?
Global demand for motor soft starters is estimated to increase at a CAGR of 6% from 2023 to 2033.
What is the projected size of the market for motor soft starters?
The motor soft starter market is anticipated to touch US$ 3.6 billion by 2033.
Who are the leading players operating in the global motor soft starter market?
Siemens AG, Emerson Electric Company, ABB Ltd, General Electric Company, Eaton Corporation PLC, Rockwell Automation, Inc, Schneider Electric SA, and Toshiba International Corporation are leading manufacturers of motor soft starters.
Motor Soft Starter Market