Global Motor Soft Starter Market, By Application (Compressor, Fan, Pump, Others), By Voltage (Low Vo

Published Date: | Report Code : EP1911580

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Market Dynamics

Motor Soft Starter Market growth is expected to gain high momentum during the forecast period due to the motor soft starter market is projected to witness considerable development in the coming years A motor soft starter is a device that reduces the torque applied to the electrical motor. It consists of solid state devices such as thyristors to regulate the voltage supply to the motor. The starter works on the principle that the torque is proportional to the applied voltage. Thus, the torque and the current are adjusted by reducing the voltage of the motor. It is used as an alternating current to temporarily reduce the load torque and electric surge of the motor during start-up. Due to this, mechanical stress on the motor and shaft is reduced. The acceleration of an electric motor is controlled by the voltage applied.

Segment Analysis

A motor soft starter finds usage in applications such as compressor, fan pumps, and other devices to reduce the flow of current. Based on voltage, the motor soft starter market has been segmented into low voltage and medium voltage. The market is further classified on the basis of rated power into upto 100kW and above 100kW. Motor soft starter is generally used in industries such as mining, power generation, oil & gas, and others. Due to the increasing demand for pumps in the Asia Pacific region in countries like India, the motor soft starter market is expected to grow significantly during the forecast period. North America and Europe are expected to lead the market due to adoption of latest technologies.

Key Factors Impacting Market Growth:

  • The motor soft starter market is projected to witness considerable development in the coming years
  • Infrastructural expansion is anticipated to have a constructive impact on the market
  • Motor soft starters are cost-effective

Regional Outlook:

The regional outlook for motor soft starter market provides detailed information for markets including North America, Western Europe, Eastern Europe, Asia Pacific, Middle East, and Rest of the World. North America and Western Europe are estimated to be key regions for motor soft starter market during the forecast period. Being one of the industrialized regions, the energy & power sector is key to the operations of various industries in this region. This is one of the important factors governing the growth of motor soft starter market in these regions. Some of the major countries covered in this region include US, Germany, UK, France, Italy, Canada, and so on. 

Asia Pacific is estimated one of the fastest growing regions for motor soft starter market during the forecast period. Some of the fastest growing economies and increasing demand for energy & power to cater high population & industries is expected to drive the demand in this region. China and India are projected to register major demand during the forecast period. Middle East that includes UAE, Saudi Arabia, Iran, Qatar, and others promises high market potential during the forecast period. Rest of the World including South America and Africa are emerging regions in terms of market demand during the forecast period.

Companies Covered: ABB, Schneider Electric SE, Rockwell Automation, Inc., General Electric Company, and Eaton Corporation, PLC…

Market Segmentation:

By Application:

  • Compressor
  • Fan
  • Pump
  • Others

By Voltage:

  • Low Voltage
  • Medium Voltage

By Rated Power:

  • Upto 100 kW
  • Above 100kW

By Industry:

  • Mining
  • Power Generation
  • Oil & Gas
  • Wastewater
  • Others

By Region:

  • North America
    • By Country (US, Canada, Mexico)
    • By Application
    • By Voltage
    • By Rated Power
    • By Industry
  • Western Europe
    • By Country (Germany, UK, France, Italy, Spain, Rest of Western Europe)
    • By Application
    • By Voltage
    • By Rated Power
    • By Industry
  • Eastern Europe
    • By Country (Russia, Turkey, Rest of Eastern Europe)
    • By Application
    • By Voltage
    • By Rated Power
    • By Industry
  • Asia Pacific
    • By Country (China, Japan, India, South Korea, Australia, Rest of Asia Pacific)
    • By Application
    • By Voltage
    • By Rated Power
    • By Industry
  • Middle East
    • By Country (UAE, Saudi Arabia, Qatar, Iran, Rest of Middle East)
    • By Application
    • By Voltage
    • By Rated Power
    • By Industry
  • Rest of the World
    • By Region (South America, Africa)
    • By Application
    • By Voltage
    • By Rated Power
    • By Industry

Reasons To Buy This Report:

  • Market size estimation of the motor soft starter market on regional and global basis
  • Unique research design for market size estimation and forecast
  • Profiling of major companies operating in the market with key developments
  • Broad scope to cover all the possible segments helping every stakeholder in the market

Customization:

We provide customization of the study to meet specific requirements:

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