Motor Soft Starter Market Analysis

  • Report ID: 5164
  • Published Date: Aug 02, 2024
  • Report Format: PDF, PPT

Motor Soft Starter Market Analysis

Voltage (Low, Medium)

The low voltage segment in the motor soft starter market is estimated to gain the largest revenue share of about 60% in the year 2036. The growth of the segment can be attributed to the increasing use of low-voltage motor soft starter in various industries, including pulp and paper, food & beverage, power supply, and others. The rising use of automated systems and machines in industries is also driving the segment’s growth. Low-voltage soft starters are getting popular in various industries owing to their several benefits, including a low rush of current and reduced mechanical stress.

Power (Up to 750 W, 751 W- 75 kW)

The 751 W- 75kW segment in the motor soft starter market is expected to garner a significant share of around 58% in the year 2036. The high revenue generation from the segment is primarily due to the high capital influx in desalination projects. In the world, there are currently 20,000 facilities that focus on turning sea water into fresh usable water. Moreover, these facilities are in constant need of new machines and frequent maintenance. The pumps used in desalination involved high-pressure pumps to push water through reverse osmosis therefore they require soft starts that provide high power.

Our in-depth analysis of the global market includes the following segments:

    Voltage

  • Low
  • Medium

    Power

  • Up to 750 W
  • 751 W- 75 kW

    Application

  • Pumps
  • Fans
  • Compressors
  • Escalators & Elevators

    End User

  • Oil & Gas
  • Water and Waste Water
  • Power Generation
  • Mining
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Author Credits:  Abhishek Verma


  • Report ID: 5164
  • Published Date: Aug 02, 2024
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

In the year 2024, the industry size of motor soft starter is evaluated at USD 2.28 Billion.

The motor soft starter market size was valued at USD 2.14 Billion in 2023 and is poised to exceed USD 5.29 Billion by the end of 2036, expanding at over 7.2% CAGR during the forecast period i.e., between 2024-2036. Increasing demand for oil and gas, rising treatment of water, and automation of industries are the major factors driving the market growth.

Asia Pacific industry is predicted to be the largest with a share of about 36% by 2036, due to rise in new oil and gas projects in the region.

Carlo Gavazzi Holding AG, ABB Ltd, Eaton Corporation, Siemens, Schneider Electric, Rockwell Automation, Inc., Emerson Electric Co., CG Power and Industrial Solutions, LARSEN & TOUBRO LIMITED, WEG
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