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Global Motor Soft Starter Market Size Study, by Voltage Range (2.3 KV to 13.8 KV, Above 13.8 KV, Below 2.3 KV), by Rated Power (Above 100 kW, Up to 100 kW), by Application (Compressor, Conveyor Belt, Fan, Pump), by Vertical (Mining, Oil & Gas, Power Gener

Publisher Bizwit Research & Consulting
Published Jul 23, 2024
Length 200 Pages
SKU # BIZW19013707

Description

Global Motor Soft Starter Market Size Study, by Voltage Range (2.3 KV to 13.8 KV, Above 13.8 KV, Below 2.3 KV), by Rated Power (Above 100 kW, Up to 100 kW), by Application (Compressor, Conveyor Belt, Fan, Pump), by Vertical (Mining, Oil & Gas, Power Generation, Water & Wastewater), and Regional Forecasts 2022-2032


The Global Motor Soft Starter Market was valued at USD 2.35 billion in 2023 and is projected to grow with a compound annual growth rate (CAGR) of 6.45% from 2024 to 203. A motor soft starter is an essential electronic device designed to gradually increase the voltage of an electric motor, thereby allowing a smooth start and mitigating mechanical and electrical stress during the startup phase. By controlling motor acceleration, soft starters prevent the abrupt impact of direct-on-line starting, which often results in high currents and torque.

The demand for motor soft starters is driven by the increasing need for industrial pumps due to the proliferation of refineries worldwide and substantial investments in water and wastewater treatment projects. The growing trend towards industrial automation, coupled with advancements in smart connectivity features, further propels market growth. However, the high costs associated with designing and manufacturing motor soft starters, along with compatibility issues requiring ongoing support and maintenance, pose challenges to market expansion. Nonetheless, technological advancements facilitating smart and predictive maintenance and the rising integration of motor soft starters in renewable energy systems create significant growth opportunities.

The key regions considered for the Global Motor Soft Starter Market study include Asia Pacific, North America, Europe, Latin America, and Middle East and Africa. The Asia-Pacific (APAC) region is the leading market for motor soft starters. This dominance is driven by rapid industrialization and urbanization, particularly in countries like China, India, and Japan. These nations are experiencing substantial growth in manufacturing, construction, and infrastructure development, all of which require efficient motor control solutions to ensure the smooth operation of machinery and equipment. Additionally, the expanding energy sector in APAC, with a focus on renewable energy projects, demands reliable and efficient motor soft starters for various applications. On the other hand, North America is projected to grow at a fastest rate owing to presence of numerous industries, coupled with increasing investments in industrial automation and the implementation of stringent regulations for energy efficiency, further propels the market growth in this region.

Major market player included in this report are:

ABB Ltd.

Siemens AG

Schneider Electric SE

Rockwell Automation, Inc.

Eaton Corporation PLC

Danfoss A/S

Emerson Electric Co.

Mitsubishi Electric Corporation

Toshiba Corporation

WEG S.A.

Hitachi, Ltd.

Nidec Corporation

TECO Electric & Machinery Co., Ltd.

Motortronics

Benshaw Inc.

The detailed segments and sub-segment of the market are explained below:

By Voltage Range

2.3 KV to 13.8 KV

Above 13.8 KV

Below 2.3 KV

By Rated Power

Above 100 kW

Up to 100 kW

By Application

Compressor

Conveyor Belt

Fan

Pump

By Vertical

Mining

Oil & Gas

Power Generation

Water & Wastewater

By Region:

North America

U.S.

Canada

Europe

UK

Germany

France

Spain

Italy

ROE (Rest of Europe)

Asia Pacific

China

India

Japan

Australia

South Korea

RoAPAC (Rest of Asia Pacific)

Latin America

Brazil

Mexico

Rest of Latin America

Middle East & Africa

Saudi Arabia

South Africa

RoMEA (Rest of Middle East & Africa)

Years considered for the study are as follows:

Historical year – 2022

Base year – 2023

Forecast period – 2024 to 2032

Key Takeaways:

Market Estimates & Forecast for 10 years from 2022 to 2032.

Annualized revenues and regional level analysis for each market segment.

Detailed analysis of geographical landscape with Country level analysis of major regions.

Competitive landscape with information on major players in the market.

Analysis of key business strategies and recommendations on future market approach.

Analysis of competitive structure of the market.

Demand side and supply side analysis of the market.

Please note:The single user license is non-downloadable and non-printable. Global Site license allows these actions.

Table of Contents

200 Pages
Chapter 1. Global Motor Soft Starter Market Executive Summary
1.1. Global Motor Soft Starter Market Size & Forecast (2022-2032)
1.2. Regional Summary
1.3. Segmental Summary
1.3.1. By Voltage Range
1.3.2. By Rated Power
1.3.3. By Application
1.3.4. By Vertical
1.4. Key Trends
1.5. Recession Impact
1.6. Analyst Recommendation & Conclusion
Chapter 2. Global Motor Soft Starter Market Definition and Research Assumptions
2.1. Research Objective
2.2. Market Definition
2.3. Research Assumptions
2.3.1. Inclusion & Exclusion
2.3.2. Limitations
2.3.3. Supply Side Analysis
2.3.3.1. Availability
2.3.3.2. Infrastructure
2.3.3.3. Regulatory Environment
2.3.3.4. Market Competition
2.3.3.5. Economic Viability (Consumer’s Perspective)
2.3.4. Demand Side Analysis
2.3.4.1. Regulatory frameworks
2.3.4.2. Technological Advancements
2.3.4.3. Environmental Considerations
2.3.4.4. Consumer Awareness & Acceptance
2.4. Estimation Methodology
2.5. Years Considered for the Study
2.6. Currency Conversion Rates
Chapter 3. Global Motor Soft Starter Market Dynamics
3.1. Market Drivers
3.1.1. Rising Demand for Industrial Pumps
3.1.2. Increasing Investments in Water and Wastewater Treatment
3.1.3. Trend Towards Industrial Automation
3.2. Market Challenges
3.2.1. High Costs of Design and Manufacturing
3.2.2. Compatibility Issues
3.3. Market Opportunities
3.3.1. Advancements in Motor Soft Starters
3.3.2. Integration in Renewable Energy Systems
Chapter 4. Global Motor Soft Starter Market Industry Analysis
4.1. Porter’s 5 Force Model
4.1.1. Bargaining Power of Suppliers
4.1.2. Bargaining Power of Buyers
4.1.3. Threat of New Entrants
4.1.4. Threat of Substitutes
4.1.5. Competitive Rivalry
4.1.6. Futuristic Approach to Porter’s 5 Force Model
4.1.7. Porter’s 5 Force Impact Analysis
4.2. PESTEL Analysis
4.2.1. Political
4.2.2. Economical
4.2.3. Social
4.2.4. Technological
4.2.5. Environmental
4.2.6. Legal
4.3. Top investment opportunity
4.4. Top winning strategies
4.5. Disruptive Trends
4.6. Industry Expert Perspective
4.7. Analyst Recommendation & Conclusion
Chapter 5. Global Motor Soft Starter Market Size & Forecasts by Voltage Range 2022-2032
5.1. Segment Dashboard
5.2. Global Motor Soft Starter Market: Voltage Range Revenue Trend Analysis, 2022 & 2032 (USD Billion)
5.2.1. 2.3 KV to 13.8 KV
5.2.2. Above 13.8 KV
5.2.3. Below 2.3 KV
Chapter 6. Global Motor Soft Starter Market Size & Forecasts by Rated Power 2022-2032
6.1. Segment Dashboard
6.2. Global Motor Soft Starter Market: Rated Power Revenue Trend Analysis, 2022 & 2032 (USD Billion)
6.2.1. Above 100 kW
6.2.2. Upto 100 kW
Chapter 7. Global Motor Soft Starter Market Size & Forecasts by Application 2022-2032
7.1. Segment Dashboard
7.2. Global Motor Soft Starter Market: Application Revenue Trend Analysis, 2022 & 2032 (USD Billion)
7.2.1. Compressor
7.2.2. Conveyor Belt
7.2.3. Fan
7.2.4. Pump
Chapter 8. Global Motor Soft Starter Market Size & Forecasts by Vertical 2022-2032
8.1. Segment Dashboard
8.2. Global Motor Soft Starter Market: Vertical Revenue Trend Analysis, 2022 & 2032 (USD Billion)
8.2.1. Mining
8.2.2. Oil & Gas
8.2.3. Power Generation
8.2.4. Water & Wastewater
Chapter 9. Global Motor Soft Starter Market Size & Forecasts by Region 2022-2032
9.1. North America Motor Soft Starter Market
9.1.1. U.S. Motor Soft Starter Market
9.1.1.1. Voltage Range breakdown size & forecasts, 2022-2032
9.1.1.2. Rated Power breakdown size & forecasts, 2022-2032
9.1.1.3. Application breakdown size & forecasts, 2022-2032
9.1.1.4. Vertical breakdown size & forecasts, 2022-2032
9.1.2. Canada Motor Soft Starter Market
9.2. Europe Motor Soft Starter Market
9.2.1. U.K. Motor Soft Starter Market
9.2.2. Germany Motor Soft Starter Market
9.2.3. France Motor Soft Starter Market
9.2.4. Spain Motor Soft Starter Market
9.2.5. Italy Motor Soft Starter Market
9.2.6. Rest of Europe Motor Soft Starter Market
9.3. Asia-Pacific Motor Soft Starter Market
9.3.1. China Motor Soft Starter Market
9.3.2. India Motor Soft Starter Market
9.3.3. Japan Motor Soft Starter Market
9.3.4. Australia Motor Soft Starter Market
9.3.5. South Korea Motor Soft Starter Market
9.3.6. Rest of Asia Pacific Motor Soft Starter Market
9.4. Latin America Motor Soft Starter Market
9.4.1. Brazil Motor Soft Starter Market
9.4.2. Mexico Motor Soft Starter Market
9.4.3. Rest of Latin America Motor Soft Starter Market
9.5. Middle East & Africa Motor Soft Starter Market
9.5.1. Saudi Arabia Motor Soft Starter Market
9.5.2. South Africa Motor Soft Starter Market
9.5.3. Rest of Middle East & Africa Motor Soft Starter Market
Chapter 10. Competitive Intelligence
10.1. Key Company SWOT Analysis
10.1.1. Company 1
10.1.2. Company 2
10.1.3. Company 3
10.2. Top Market Strategies
10.3. Company Profiles
10.3.1. ABB Ltd.
10.3.1.1. Key Information
10.3.1.2. Overview
10.3.1.3. Financial (Subject to Data Availability)
10.3.1.4. Product Summary
10.3.1.5. Market Strategies
10.3.2. Schneider Electric SE
10.3.3. Siemens AG
10.3.4. Rockwell Automation, Inc.
10.3.5. Eaton Corporation PLC
10.3.6. Emerson Electric Co.
10.3.7. Mitsubishi Electric Corporation
10.3.8. Danfoss A/S
10.3.9. WEG S.A.
10.3.10. TECO Electric & Machinery Co., Ltd.
10.3.11. Toshiba Corporation
10.3.12. Hitachi, Ltd.
10.3.13. Motortronics
10.3.14. Nidec Corporation
10.3.15. Benshaw Inc.
Chapter 11. Research Process
11.1. Research Process
11.1.1. Data Mining
11.1.2. Analysis
11.1.3. Market Estimation
11.1.4. Validation
11.1.5. Publishing
11.2. Research Attributes
List of Tables
TABLE 1. Global Motor Soft Starter market, report scope
TABLE 2. Global Motor Soft Starter market estimates & forecasts by Region 2022-2032 (USD Billion)
TABLE 3. Global Motor Soft Starter market estimates & forecasts by Voltage Range 2022-2032 (USD Billion)
TABLE 4. Global Motor Soft Starter market estimates & forecasts by Rated Power 2022-2032 (USD Billion)
TABLE 5. Global Motor Soft Starter market by segment, estimates & forecasts, 2022-2032 (USD Billion)
TABLE 6. Global Motor Soft Starter market by region, estimates & forecasts, 2022-2032 (USD Billion)
TABLE 7. Global Motor Soft Starter market by segment, estimates & forecasts, 2022-2032 (USD Billion)
TABLE 8. Global Motor Soft Starter market by region, estimates & forecasts, 2022-2032 (USD Billion)
TABLE 9. Global Motor Soft Starter market by segment, estimates & forecasts, 2022-2032 (USD Billion)
TABLE 10. Global Motor Soft Starter market by region, estimates & forecasts, 2022-2032 (USD Billion)
TABLE 11. Global Motor Soft Starter market by segment, estimates & forecasts, 2022-2032 (USD Billion)
TABLE 12. Global Motor Soft Starter market by region, estimates & forecasts, 2022-2032 (USD Billion)
TABLE 13. Global Motor Soft Starter market by segment, estimates & forecasts, 2022-2032 (USD Billion)
TABLE 14. Global Motor Soft Starter market by region, estimates & forecasts, 2022-2032 (USD Billion)
TABLE 15. U.S. Motor Soft Starter market estimates & forecasts, 2022-2032 (USD Billion)
TABLE 16. U.S. Motor Soft Starter market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 17. U.S. Motor Soft Starter market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 18. Canada Motor Soft Starter market estimates & forecasts, 2022-2032 (USD Billion)
TABLE 19. Canada Motor Soft Starter market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 20. Canada Motor Soft Starter market estimates & forecasts by segment 2022-2032 (USD Billion)
This list is not complete, final report does contain more than 100 tables. The list may be updated in the final deliverable.
List of Figures
FIGURE 1. Global Motor Soft Starter market, research methodology
FIGURE 2. Global Motor Soft Starter market, market estimation techniques
FIGURE 3. Global market size estimates & forecast methods.
FIGURE 4. Global Motor Soft Starter market, key trends 2023
FIGURE 5. Global Motor Soft Starter market, growth prospects 2022-2032
FIGURE 6. Global Motor Soft Starter market, porters 5 force model
FIGURE 7. Global Motor Soft Starter market, PESTEL analysis
FIGURE 8. Global Motor Soft Starter market, value chain analysis
FIGURE 9. Global Motor Soft Starter market by segment, 2022 & 2032 (USD Billion)
FIGURE 10. Global Motor Soft Starter market by segment, 2022 & 2032 (USD Billion)
FIGURE 11. Global Motor Soft Starter market by segment, 2022 & 2032 (USD Billion)
FIGURE 12. Global Motor Soft Starter market by segment, 2022 & 2032 (USD Billion)
FIGURE 13. Global Motor Soft Starter market by segment, 2022 & 2032 (USD Billion)
FIGURE 14. Global Motor Soft Starter market, regional snapshot 2022 & 2032
FIGURE 15. North America Motor Soft Starter market 2022 & 2032 (USD Billion)
FIGURE 16. Europe Motor Soft Starter market 2022 & 2032 (USD Billion)
FIGURE 17. Asia-Pacific Motor Soft Starter market 2022 & 2032 (USD Billion)
FIGURE 18. Latin America Motor Soft Starter market 2022 & 2032 (USD Billion)
FIGURE 19. Middle East & Africa Motor Soft Starter market 2022 & 2032 (USD Billion)
FIGURE 20. Global Motor Soft Starter market, company market share analysis (2023)
This list is not complete, final report does contain more than 50 figures. The list may be updated in the final deliverable.

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