
Motor Soft Starter Market by Voltage (Low Voltage, Medium Voltage), Rated Power (751 W–75 kW, Above 75 kW, Up to 750 W), Application, Industry - Global Forecast 2023-2030
Description
Motor Soft Starter Market by Voltage (Low Voltage, Medium Voltage), Rated Power (751 W–75 kW, Above 75 kW, Up to 750 W), Application, Industry - Global Forecast 2023-2030
The Motor Soft Starter Market size was estimated at USD 2.13 billion in 2022 and expected to reach USD 2.26 billion in 2023, at a CAGR 5.85% to reach USD 3.36 billion by 2030.
Market Segmentation & Coverage:
This research report analyzes various sub-markets, forecasts revenues, and examines emerging trends in each category to provide a comprehensive outlook on the Motor Soft Starter Market.
- Based on Voltage, market is studied across Low Voltage and Medium Voltage. The Medium Voltage is projected to witness significant market share during forecast period.
- Based on Rated Power, market is studied across 751 W–75 kW, Above 75 kW, and Up to 750 W. The Above 75 kW is projected to witness significant market share during forecast period.
- Based on Application, market is studied across Compressor, Fan, and Pump. The Fan is projected to witness significant market share during forecast period.
- Based on Industry, market is studied across Mining, Oil & Gas, Power generation, and Water & Wastewater. The Mining is projected to witness significant market share during forecast period.
- Based on Region, market is studied across Americas, Asia-Pacific, and Europe, Middle East & Africa. The Americas is further studied across Argentina, Brazil, Canada, Mexico, and United States. The United States is further studied across California, Florida, Illinois, New York, Ohio, Pennsylvania, and Texas. The Asia-Pacific is further studied across Australia, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Taiwan, Thailand, and Vietnam. The Europe, Middle East & Africa is further studied across Denmark, Egypt, Finland, France, Germany, Israel, Italy, Netherlands, Nigeria, Norway, Poland, Qatar, Russia, Saudi Arabia, South Africa, Spain, Sweden, Switzerland, Turkey, United Arab Emirates, and United Kingdom. The Americas is projected to witness significant market share during forecast period.
The report provides market sizing and forecasts across 7 major currencies - USD, EUR, JPY, GBP, AUD, CAD, and CHF; multiple currency support helps organization leaders to make well-informed decisions. In this report, 2018 to 2021 are considered as historical years, 2022 is base year, 2023 is estimated year, and years from 2024 to 2030 are considered as forecast period.
FPNV Positioning Matrix:
The FPNV Positioning Matrix is an indispensable tool for assessing the Motor Soft Starter Market. It comprehensively evaluates vendors, analyzing key metrics related to Business Strategy and Product Satisfaction. This enables users to make informed decisions tailored to their specific needs. Through advanced analysis, vendors are categorized into four distinct quadrants, each representing a different level of success: Forefront (F), Pathfinder (P), Niche (N), or Vital (V). Be assured that this insightful framework empowers decision-makers to navigate the market with confidence.
Market Share Analysis:
The Market Share Analysis offers invaluable insights into the vendor landscape Motor Soft Starter Market. By evaluating their impact on overall revenue, customer base, and other key metrics, we provide companies with a comprehensive understanding of their performance and the competitive environment they confront. This analysis also uncovers the level of competition in terms of market share acquisition, fragmentation, dominance, and industry consolidation during the study period.
Key Company Profiles:
The report delves into recent significant developments in the Motor Soft Starter Market, highlighting leading vendors and their innovative profiles. These include ABB Ltd., Benshaw Inc., Carlo Gavazzi Holding, Crompton Greaves Consumer Electricals Limited, Danfoss A/S, Eaton Corporation, Emerson Electric Company, Gozuk, Larsen & Toubro Ltd., Lovato Electric, Motortronics, Nolta India Pvt. Ltd., Rockwell Automation, Inc., Schneider Electric SE, Siemens AG, Sinova Global Inc., Solcon, Toshiba Corporation, and WEG S.A..
The report offers valuable insights on the following aspects:
- Market Penetration: It provides comprehensive information about key players' market dynamics and offerings.
- Market Development: In-depth analysis of emerging markets and penetration across mature market segments, highlighting lucrative opportunities.
- Market Diversification: Detailed information about new product launches, untapped geographies, recent developments, and investments.
- Competitive Assessment & Intelligence: Exhaustive assessment of market shares, strategies, products, certifications, regulatory approvals, patent landscape, and manufacturing capabilities of leading players.
- Product Development & Innovation: Intelligent insights on future technologies, R&D activities, and breakthrough product developments.
- What is the market size and forecast for the Motor Soft Starter Market?
- Which products, segments, applications, and areas hold the highest investment potential in the Motor Soft Starter Market?
- What is the competitive strategic window for identifying opportunities in the Motor Soft Starter Market?
- What are the latest technology trends and regulatory frameworks in the Motor Soft Starter Market?
- What is the market share of the leading vendors in the Motor Soft Starter Market?
- Which modes and strategic moves are suitable for entering the Motor Soft Starter Market?
Note: PDF & Excel + Online Access - 1 Year
Table of Contents
188 Pages
- 1. Preface
- 1.1. Objectives of the Study
- 1.2. Market Segmentation & Coverage
- 1.3. Years Considered for the Study
- 1.4. Currency & Pricing
- 1.5. Language
- 1.6. Limitations
- 1.7. Assumptions
- 1.8. Stakeholders
- 2. Research Methodology
- 2.1. Define: Research Objective
- 2.2. Determine: Research Design
- 2.3. Prepare: Research Instrument
- 2.4. Collect: Data Source
- 2.5. Analyze: Data Interpretation
- 2.6. Formulate: Data Verification
- 2.7. Publish: Research Report
- 2.8. Repeat: Report Update
- 3. Executive Summary
- 4. Market Overview
- 4.1. Introduction
- 4.2. Motor Soft Starter Market, by Region
- 5. Market Insights
- 5.1. Market Dynamics
- 5.1.1. Drivers
- 5.1.1.1. Availability of different types of the motor soft starter as per requirements
- 5.1.1.2. Surging demand for industrial pumps in the market
- 5.1.1.3. Increasing investment in water & wastewater, oil & gas, desalination, and other projects
- 5.1.2. Restraints
- 5.1.2.1. High cost of designing and manufacturing motor soft starter
- 5.1.3. Opportunities
- 5.1.3.1. Need for automatic adaptability of soft starter drive settings as per conditions of load and inrush power
- 5.1.3.2. Demand for failsafe technology in soft starter to ensure quick and reliable shutdown
- 5.1.3.3. Ongoing research to use soft starters in HVAC units, data centers, and others increasing the scope of application
- 5.1.4. Challenges
- 5.1.4.1. Possibility of malfunctioning of soft starter
- 5.2. Market Segmentation Analysis
- 5.3. Market Trend Analysis
- 5.4. Cumulative Impact of COVID-19
- 5.5. Cumulative Impact of Russia-Ukraine Conflict
- 5.6. Cumulative Impact of High Inflation
- 5.7. Porter’s Five Forces Analysis
- 5.7.1. Threat of New Entrants
- 5.7.2. Threat of Substitutes
- 5.7.3. Bargaining Power of Customers
- 5.7.4. Bargaining Power of Suppliers
- 5.7.5. Industry Rivalry
- 5.8. Value Chain & Critical Path Analysis
- 5.9. Regulatory Framework
- 5.10. Client Customization
- 6. Motor Soft Starter Market, by Voltage
- 6.1. Introduction
- 6.2. Low Voltage
- 6.3. Medium Voltage
- 7. Motor Soft Starter Market, by Rated Power
- 7.1. Introduction
- 7.2. 751 W–75 kW
- 7.3. Above 75 kW
- 7.4. Up to 750 W
- 8. Motor Soft Starter Market, by Application
- 8.1. Introduction
- 8.2. Compressor
- 8.3. Fan
- 8.4. Pump
- 9. Motor Soft Starter Market, by Industry
- 9.1. Introduction
- 9.2. Mining
- 9.3. Oil & Gas
- 9.4. Power generation
- 9.5. Water & Wastewater
- 10. Americas Motor Soft Starter Market
- 10.1. Introduction
- 10.2. Argentina
- 10.3. Brazil
- 10.4. Canada
- 10.5. Mexico
- 10.6. United States
- 11. Asia-Pacific Motor Soft Starter Market
- 11.1. Introduction
- 11.2. Australia
- 11.3. China
- 11.4. India
- 11.5. Indonesia
- 11.6. Japan
- 11.7. Malaysia
- 11.8. Philippines
- 11.9. Singapore
- 11.10. South Korea
- 11.11. Taiwan
- 11.12. Thailand
- 11.13. Vietnam
- 12. Europe, Middle East & Africa Motor Soft Starter Market
- 12.1. Introduction
- 12.2. Denmark
- 12.3. Egypt
- 12.4. Finland
- 12.5. France
- 12.6. Germany
- 12.7. Israel
- 12.8. Italy
- 12.9. Netherlands
- 12.10. Nigeria
- 12.11. Norway
- 12.12. Poland
- 12.13. Qatar
- 12.14. Russia
- 12.15. Saudi Arabia
- 12.16. South Africa
- 12.17. Spain
- 12.18. Sweden
- 12.19. Switzerland
- 12.20. Turkey
- 12.21. United Arab Emirates
- 12.22. United Kingdom
- 13. Competitive Landscape
- 13.1. FPNV Positioning Matrix
- 13.2. Market Share Analysis, By Key Player
- 13.3. Competitive Scenario Analysis, By Key Player
- 14. Competitive Portfolio
- 14.1. Key Company Profiles
- 14.1.1. ABB Ltd.
- 14.1.2. Benshaw Inc.
- 14.1.3. Carlo Gavazzi Holding
- 14.1.4. Crompton Greaves Consumer Electricals Limited
- 14.1.5. Danfoss A/S
- 14.1.6. Eaton Corporation
- 14.1.7. Emerson Electric Company
- 14.1.8. Gozuk
- 14.1.9. Larsen & Toubro Ltd.
- 14.1.10. Lovato Electric
- 14.1.11. Motortronics
- 14.1.12. Nolta India Pvt. Ltd.
- 14.1.13. Rockwell Automation, Inc.
- 14.1.14. Schneider Electric SE
- 14.1.15. Siemens AG
- 14.1.16. Sinova Global Inc.
- 14.1.17. Solcon
- 14.1.18. Toshiba Corporation
- 14.1.19. WEG S.A.
- 14.2. Key Product Portfolio
- 15. Appendix
- 15.1. Discussion Guide
- 15.2. License & Pricing
Pricing
Currency Rates
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