Product Code: A00815
According to a new report published by Allied Market Research, titled, "Motor Soft Starter Market," The motor soft starter market was valued at $2.4 billion in 2022, and is estimated to reach $4.5 billion by 2032, growing at a CAGR of 6.6% from 2023 to 2032.
In industrial machinery, motor soft starters stand as pivotal assets, revolutionizing the way motors initiate operation and function within various sectors. Traditional motor starters have long been the cornerstone of this process, known for their reliability and established track record. However, the market for motor soft starters is undergoing a transformative phase driven by technological advancements and a growing emphasis on efficiency and environmental sustainability.
These innovative soft starters are engineered to align with the motor soft starter industry's commitment to reducing environmental impact. Unlike their predecessors, which often relied on conventional energy sources, these advanced systems prioritize harnessing renewable energy or cleaner fuels. This shift resonates with global efforts to mitigate emissions and promote sustainability, marking a departure from fossil fuel reliance.
Moreover, the adoption of cutting-edge control systems and technologies has ushered in a new era of efficiency and adaptability in motor soft starters. Smart controls and monitoring systems optimize motor operations, improving performance and reliability while minimizing resource consumption. In addition, these next-generation soft starters contribute to grid stability by serving as backup power sources during peak demand periods. This functionality aids in load balancing and reduces strain on the primary electrical grid, enhancing overall grid support.
As industries prioritize sustainability and eco-conscious practices, the motor soft starter market is evolving to integrate these innovative and environmentally friendly solutions. Ongoing research and development endeavors focus on enhancing efficiency, reducing emissions, and diversifying accessible energy sources for these systems. This progress is poised to make current motor soft starters not only more cost-effective but also more dependable and widely utilized across industries. Ultimately, these advancements contribute to a more robust and ecologically responsible landscape in the realm of industrial motor control solutions. Th abovementioned factor will provide ample opporutnities for the development of motor soft starters market forecast.
The motor soft starter market scope is segmented on the basis of voltage, power rating, application, end-use industry, and region. By voltage, the market is divided into low voltage and medium voltage. By power rating, the market is segregated into up to 100 KW, and above 100 KW. On the basis of application, it is segregated into pumps, fans, and compressors. On the basis of end-use industry, it is bifurcated into oil and gas, water and wastewater, power generation, mining, and others. Region-wise, the motor soft starter market trends are analyzed across North America, Europe, Asia-Pacific, and LAMEA.
Competitive analysis and profiles of the major motor soft starter market players, such Siemens AG, Schneider Electric, Rockwell Automation, Mitsubishi Electric, Danfoss A/S, Emerson Electric, ABB Ltd., Larsen & Toubro, Eaton, and Toshiba Corporation. are focusing their investment on technologically advanced, cost-effective, and more secure products and solutions for various applications.
Key Benefits For Stakeholders
- This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the motor soft starter market analysis from 2022 to 2032 to identify the prevailing motor soft starter market opportunities.
- The market research is offered along with information related to key drivers, restraints, and opportunities.
- Porter's five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
- In-depth analysis of the motor soft starter market size segmentation assists to determine the prevailing market opportunities.
- Major countries in each region are mapped according to their revenue contribution to the global motor soft starter market share.
- Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
- The report includes the analysis of the regional as well as global motor soft starter market trends, key players, market segments, application areas, and motor soft starter market growth strategies.
Additional benefits you will get with this purchase are:
- Quarterly Update and* (only available with a corporate license, on listed price)
- 5 additional Company Profile of client Choice pre- or Post-purchase, as a free update.
- Free Upcoming Version on the Purchase of Five and Enterprise User License.
- 16 analyst hours of support* (post-purchase, if you find additional data requirements upon review of the report, you may receive support amounting to 16 analyst hours to solve questions, and post-sale queries)
- 15% Free Customization* (in case the scope or segment of the report does not match your requirements, 15% is equivalent to 3 working days of free work, applicable once)
- Free data Pack on the Five and Enterprise User License. (Excel version of the report)
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- Free Industry updates and white papers.
Possible Customization with this report (with additional cost and timeline, please talk to the sales executive to know more)
- Investment Opportunities
- Technology Trend Analysis
- Regulatory Guidelines
- Strategic Recommedations
- Additional company profiles with specific to client's interest
- Additional country or region analysis- market size and forecast
- Expanded list for Company Profiles
- Historic market data
Key Market Segments
By Voltage
- Low Voltage
- Medium Voltage
By Power Rating (KW)
- Up to 100 KW
- Above 100 KW
By Application
By End-use Industry
- Oil and Gas
- Water and Wastewater
- Power Generation
- Mining
- Others
By Region
- North America
- Europe
- Germany
- France
- Italy
- Spain
- UK
- Rest of Europe
- Asia-Pacific
- China
- Japan
- India
- South Korea
- Australia
- Rest of Asia-Pacific
- LAMEA
- Brazil
- Saudi Arabia
- South Africa
- Rest of LAMEA
Key Market Players:
- Siemens AG
- Schneider Electric
- Mitsubishi Electric
- Danfoss A/S
- ABB Ltd.
- Larsen & Toubro
- Toshiba Corporation
- Rockwell Automation
- Emerson Electric
- Eaton
TABLE OF CONTENTS
CHAPTER 1: INTRODUCTION
- 1.1. Report description
- 1.2. Key market segments
- 1.3. Key benefits to the stakeholders
- 1.4. Research methodology
- 1.4.1. Primary research
- 1.4.2. Secondary research
- 1.4.3. Analyst tools and models
CHAPTER 2: EXECUTIVE SUMMARY
CHAPTER 3: MARKET OVERVIEW
- 3.1. Market definition and scope
- 3.2. Key findings
- 3.2.1. Top impacting factors
- 3.2.2. Top investment pockets
- 3.3. Porter's five forces analysis
- 3.3.1. Low bargaining power of suppliers
- 3.3.2. Low threat of new entrants
- 3.3.3. Low threat of substitutes
- 3.3.4. Low intensity of rivalry
- 3.3.5. Low bargaining power of buyers
- 3.4. Market dynamics
- 3.4.1. Drivers
- 3.4.1.1. Energy Efficiency Mandates
- 3.4.1.2. Industrial Automation
- 3.4.1.3. Technological Advancements
- 3.4.2. Restraints
- 3.4.2.1. Lack of Awareness
- 3.4.3. Opportunities
- 3.4.3.1. Renewable Energy Integration
- 3.4.3.2. Customization and Services
- 3.5. Market Share Analysis
- 3.6. Value Chain Analysis
- 3.7. Key Regulation Analysis
- 3.8. Patent Landscape
CHAPTER 4: MOTOR SOFT STARTER MARKET, BY VOLTAGE
- 4.1. Overview
- 4.1.1. Market size and forecast
- 4.2. Low Voltage
- 4.2.1. Key market trends, growth factors and opportunities
- 4.2.2. Market size and forecast, by region
- 4.2.3. Market share analysis by country
- 4.3. Medium Voltage
- 4.3.1. Key market trends, growth factors and opportunities
- 4.3.2. Market size and forecast, by region
- 4.3.3. Market share analysis by country
CHAPTER 5: MOTOR SOFT STARTER MARKET, BY POWER RATING (KW)
- 5.1. Overview
- 5.1.1. Market size and forecast
- 5.2. Up to 100 KW
- 5.2.1. Key market trends, growth factors and opportunities
- 5.2.2. Market size and forecast, by region
- 5.2.3. Market share analysis by country
- 5.3. Above 100 KW
- 5.3.1. Key market trends, growth factors and opportunities
- 5.3.2. Market size and forecast, by region
- 5.3.3. Market share analysis by country
CHAPTER 6: MOTOR SOFT STARTER MARKET, BY APPLICATION
- 6.1. Overview
- 6.1.1. Market size and forecast
- 6.2. Pumps
- 6.2.1. Key market trends, growth factors and opportunities
- 6.2.2. Market size and forecast, by region
- 6.2.3. Market share analysis by country
- 6.3. Fans
- 6.3.1. Key market trends, growth factors and opportunities
- 6.3.2. Market size and forecast, by region
- 6.3.3. Market share analysis by country
- 6.4. Compressors
- 6.4.1. Key market trends, growth factors and opportunities
- 6.4.2. Market size and forecast, by region
- 6.4.3. Market share analysis by country
CHAPTER 7: MOTOR SOFT STARTER MARKET, BY END-USE INDUSTRY
- 7.1. Overview
- 7.1.1. Market size and forecast
- 7.2. Oil and Gas
- 7.2.1. Key market trends, growth factors and opportunities
- 7.2.2. Market size and forecast, by region
- 7.2.3. Market share analysis by country
- 7.3. Water and Wastewater
- 7.3.1. Key market trends, growth factors and opportunities
- 7.3.2. Market size and forecast, by region
- 7.3.3. Market share analysis by country
- 7.4. Power Generation
- 7.4.1. Key market trends, growth factors and opportunities
- 7.4.2. Market size and forecast, by region
- 7.4.3. Market share analysis by country
- 7.5. Mining
- 7.5.1. Key market trends, growth factors and opportunities
- 7.5.2. Market size and forecast, by region
- 7.5.3. Market share analysis by country
- 7.6. Others
- 7.6.1. Key market trends, growth factors and opportunities
- 7.6.2. Market size and forecast, by region
- 7.6.3. Market share analysis by country
CHAPTER 8: MOTOR SOFT STARTER MARKET, BY REGION
- 8.1. Overview
- 8.1.1. Market size and forecast By Region
- 8.2. North America
- 8.2.1. Key market trends, growth factors and opportunities
- 8.2.2. Market size and forecast, by Voltage
- 8.2.3. Market size and forecast, by Power Rating (KW)
- 8.2.4. Market size and forecast, by Application
- 8.2.5. Market size and forecast, by End-use Industry
- 8.2.6. Market size and forecast, by country
- 8.2.6.1. U.S.
- 8.2.6.1.1. Market size and forecast, by Voltage
- 8.2.6.1.2. Market size and forecast, by Power Rating (KW)
- 8.2.6.1.3. Market size and forecast, by Application
- 8.2.6.1.4. Market size and forecast, by End-use Industry
- 8.2.6.2. Canada
- 8.2.6.2.1. Market size and forecast, by Voltage
- 8.2.6.2.2. Market size and forecast, by Power Rating (KW)
- 8.2.6.2.3. Market size and forecast, by Application
- 8.2.6.2.4. Market size and forecast, by End-use Industry
- 8.2.6.3. Mexico
- 8.2.6.3.1. Market size and forecast, by Voltage
- 8.2.6.3.2. Market size and forecast, by Power Rating (KW)
- 8.2.6.3.3. Market size and forecast, by Application
- 8.2.6.3.4. Market size and forecast, by End-use Industry
- 8.3. Europe
- 8.3.1. Key market trends, growth factors and opportunities
- 8.3.2. Market size and forecast, by Voltage
- 8.3.3. Market size and forecast, by Power Rating (KW)
- 8.3.4. Market size and forecast, by Application
- 8.3.5. Market size and forecast, by End-use Industry
- 8.3.6. Market size and forecast, by country
- 8.3.6.1. Germany
- 8.3.6.1.1. Market size and forecast, by Voltage
- 8.3.6.1.2. Market size and forecast, by Power Rating (KW)
- 8.3.6.1.3. Market size and forecast, by Application
- 8.3.6.1.4. Market size and forecast, by End-use Industry
- 8.3.6.2. France
- 8.3.6.2.1. Market size and forecast, by Voltage
- 8.3.6.2.2. Market size and forecast, by Power Rating (KW)
- 8.3.6.2.3. Market size and forecast, by Application
- 8.3.6.2.4. Market size and forecast, by End-use Industry
- 8.3.6.3. Italy
- 8.3.6.3.1. Market size and forecast, by Voltage
- 8.3.6.3.2. Market size and forecast, by Power Rating (KW)
- 8.3.6.3.3. Market size and forecast, by Application
- 8.3.6.3.4. Market size and forecast, by End-use Industry
- 8.3.6.4. Spain
- 8.3.6.4.1. Market size and forecast, by Voltage
- 8.3.6.4.2. Market size and forecast, by Power Rating (KW)
- 8.3.6.4.3. Market size and forecast, by Application
- 8.3.6.4.4. Market size and forecast, by End-use Industry
- 8.3.6.5. UK
- 8.3.6.5.1. Market size and forecast, by Voltage
- 8.3.6.5.2. Market size and forecast, by Power Rating (KW)
- 8.3.6.5.3. Market size and forecast, by Application
- 8.3.6.5.4. Market size and forecast, by End-use Industry
- 8.3.6.6. Rest of Europe
- 8.3.6.6.1. Market size and forecast, by Voltage
- 8.3.6.6.2. Market size and forecast, by Power Rating (KW)
- 8.3.6.6.3. Market size and forecast, by Application
- 8.3.6.6.4. Market size and forecast, by End-use Industry
- 8.4. Asia-Pacific
- 8.4.1. Key market trends, growth factors and opportunities
- 8.4.2. Market size and forecast, by Voltage
- 8.4.3. Market size and forecast, by Power Rating (KW)
- 8.4.4. Market size and forecast, by Application
- 8.4.5. Market size and forecast, by End-use Industry
- 8.4.6. Market size and forecast, by country
- 8.4.6.1. China
- 8.4.6.1.1. Market size and forecast, by Voltage
- 8.4.6.1.2. Market size and forecast, by Power Rating (KW)
- 8.4.6.1.3. Market size and forecast, by Application
- 8.4.6.1.4. Market size and forecast, by End-use Industry
- 8.4.6.2. Japan
- 8.4.6.2.1. Market size and forecast, by Voltage
- 8.4.6.2.2. Market size and forecast, by Power Rating (KW)
- 8.4.6.2.3. Market size and forecast, by Application
- 8.4.6.2.4. Market size and forecast, by End-use Industry
- 8.4.6.3. India
- 8.4.6.3.1. Market size and forecast, by Voltage
- 8.4.6.3.2. Market size and forecast, by Power Rating (KW)
- 8.4.6.3.3. Market size and forecast, by Application
- 8.4.6.3.4. Market size and forecast, by End-use Industry
- 8.4.6.4. South Korea
- 8.4.6.4.1. Market size and forecast, by Voltage
- 8.4.6.4.2. Market size and forecast, by Power Rating (KW)
- 8.4.6.4.3. Market size and forecast, by Application
- 8.4.6.4.4. Market size and forecast, by End-use Industry
- 8.4.6.5. Australia
- 8.4.6.5.1. Market size and forecast, by Voltage
- 8.4.6.5.2. Market size and forecast, by Power Rating (KW)
- 8.4.6.5.3. Market size and forecast, by Application
- 8.4.6.5.4. Market size and forecast, by End-use Industry
- 8.4.6.6. Rest of Asia-Pacific
- 8.4.6.6.1. Market size and forecast, by Voltage
- 8.4.6.6.2. Market size and forecast, by Power Rating (KW)
- 8.4.6.6.3. Market size and forecast, by Application
- 8.4.6.6.4. Market size and forecast, by End-use Industry
- 8.5. LAMEA
- 8.5.1. Key market trends, growth factors and opportunities
- 8.5.2. Market size and forecast, by Voltage
- 8.5.3. Market size and forecast, by Power Rating (KW)
- 8.5.4. Market size and forecast, by Application
- 8.5.5. Market size and forecast, by End-use Industry
- 8.5.6. Market size and forecast, by country
- 8.5.6.1. Brazil
- 8.5.6.1.1. Market size and forecast, by Voltage
- 8.5.6.1.2. Market size and forecast, by Power Rating (KW)
- 8.5.6.1.3. Market size and forecast, by Application
- 8.5.6.1.4. Market size and forecast, by End-use Industry
- 8.5.6.2. Saudi Arabia
- 8.5.6.2.1. Market size and forecast, by Voltage
- 8.5.6.2.2. Market size and forecast, by Power Rating (KW)
- 8.5.6.2.3. Market size and forecast, by Application
- 8.5.6.2.4. Market size and forecast, by End-use Industry
- 8.5.6.3. South Africa
- 8.5.6.3.1. Market size and forecast, by Voltage
- 8.5.6.3.2. Market size and forecast, by Power Rating (KW)
- 8.5.6.3.3. Market size and forecast, by Application
- 8.5.6.3.4. Market size and forecast, by End-use Industry
- 8.5.6.4. Rest of LAMEA
- 8.5.6.4.1. Market size and forecast, by Voltage
- 8.5.6.4.2. Market size and forecast, by Power Rating (KW)
- 8.5.6.4.3. Market size and forecast, by Application
- 8.5.6.4.4. Market size and forecast, by End-use Industry
CHAPTER 9: COMPETITIVE LANDSCAPE
- 9.1. Introduction
- 9.2. Top winning strategies
- 9.3. Product mapping of top 10 player
- 9.4. Competitive dashboard
- 9.5. Competitive heatmap
- 9.6. Top player positioning, 2022
CHAPTER 10: COMPANY PROFILES
- 10.1. ABB Ltd.
- 10.1.1. Company overview
- 10.1.2. Key executives
- 10.1.3. Company snapshot
- 10.1.4. Operating business segments
- 10.1.5. Product portfolio
- 10.1.6. Business performance
- 10.2. Siemens AG
- 10.2.1. Company overview
- 10.2.2. Key executives
- 10.2.3. Company snapshot
- 10.2.4. Operating business segments
- 10.2.5. Product portfolio
- 10.2.6. Business performance
- 10.3. Schneider Electric
- 10.3.1. Company overview
- 10.3.2. Key executives
- 10.3.3. Company snapshot
- 10.3.4. Operating business segments
- 10.3.5. Product portfolio
- 10.3.6. Business performance
- 10.3.7. Key strategic moves and developments
- 10.4. Rockwell Automation
- 10.4.1. Company overview
- 10.4.2. Key executives
- 10.4.3. Company snapshot
- 10.4.4. Operating business segments
- 10.4.5. Product portfolio
- 10.4.6. Business performance
- 10.5. Eaton
- 10.5.1. Company overview
- 10.5.2. Key executives
- 10.5.3. Company snapshot
- 10.5.4. Operating business segments
- 10.5.5. Product portfolio
- 10.5.6. Business performance
- 10.6. Mitsubishi Electric
- 10.6.1. Company overview
- 10.6.2. Key executives
- 10.6.3. Company snapshot
- 10.6.4. Operating business segments
- 10.6.5. Product portfolio
- 10.6.6. Business performance
- 10.7. Danfoss A/S
- 10.7.1. Company overview
- 10.7.2. Key executives
- 10.7.3. Company snapshot
- 10.7.4. Operating business segments
- 10.7.5. Product portfolio
- 10.7.6. Business performance
- 10.7.7. Key strategic moves and developments
- 10.8. Toshiba Corporation
- 10.8.1. Company overview
- 10.8.2. Key executives
- 10.8.3. Company snapshot
- 10.8.4. Operating business segments
- 10.8.5. Product portfolio
- 10.8.6. Business performance
- 10.9. Emerson Electric
- 10.9.1. Company overview
- 10.9.2. Key executives
- 10.9.3. Company snapshot
- 10.9.4. Operating business segments
- 10.9.5. Product portfolio
- 10.9.6. Business performance
- 10.10. Larsen & Toubro
- 10.10.1. Company overview
- 10.10.2. Key executives
- 10.10.3. Company snapshot
- 10.10.4. Operating business segments
- 10.10.5. Product portfolio
- 10.10.6. Business performance