Global Combination Starters Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030
According to our (Global Info Research) latest study, the global Combination Starters market size was valued at USD 923.3 million in 2023 and is forecast to a readjusted size of USD 1237.1 million by 2030 with a CAGR of 4.3% during review period.
Combination starters are the most common type of packaged motor controllers forming a critical input unit related to industrial drives and controls. Motor starter which can be 1 or 2 type coordination is made through combining a contactor with motor protective circuit breaker or circuit breaker. Coordination 1 or 2 safely control short-circuit by switching it off, offering a high degree of operational continuity to the system. Functions such as motor control, disconnect, overload protection, and branch circuit protection are majorly performed by combination starters. Furthermore, combination starter helps in safeguarding personnel from accidental starting of machinery and contact with live parts by disconnecting motor and starter. Combination starters provide more attractive and compact installation than separate units which can be prewired thereby eliminating the wiring cost between starter and separate disconnect. Combination starters find their application in pumps, conveyors, compressor, and other equipment; pumps are the key application which are attributed towards the growth of global combination starters market over the next decade. Combination starters possess features such as lifecycle of more than one million operations with an adjustable overload relay and current-limiting fuses. Moreover, North America is the most dominating region in the global combination starters market due to stringent installation, application, and product standards such as NFPA70, NFPA79, UL508A, UL489, and UL508 for governing electrical installations in the region.
Global combination starters market is expected to grow at a significant rate owing to growing concerns for motor control & protection, increasing demand for industrial pumps operating at varying loads during the forecast period. Furthermore, growing construction, oil & gas, water and wastewater management and chemical industries, being the major end-use industries are expected to fuel the growth of combination starters market during the forecast period. Moreover, features of non-reversing combination starters such as circuit simplicity, single speed & direction, and fast starting of motor are further expected to enhance the growth of combination starters market over the forecast period. Despite of various drivers in combination starters market, some of the restraining factors such as high maintenance cost and power consumption is expected to hamper the growth of global combination starters market during the forecast period.
The Global Info Research report includes an overview of the development of the Combination Starters industry chain, the market status of Construction (Full-Voltage Non Reversing, Full-Voltage Reversing), Oil & Gas (Full-Voltage Non Reversing, Full-Voltage Reversing), and key enterprises in developed and developing market, and analysed the cutting-edge technology, patent, hot applications and market trends of Combination Starters.
Regionally, the report analyzes the Combination Starters markets in key regions. North America and Europe are experiencing steady growth, driven by government initiatives and increasing consumer awareness. Asia-Pacific, particularly China, leads the global Combination Starters market, with robust domestic demand, supportive policies, and a strong manufacturing base.
Key Features:
The report presents comprehensive understanding of the Combination Starters market. It provides a holistic view of the industry, as well as detailed insights into individual components and stakeholders. The report analysis market dynamics, trends, challenges, and opportunities within the Combination Starters industry.
The report involves analyzing the market at a macro level:
Market Sizing and Segmentation: Report collect data on the overall market size, including the sales quantity (K Units), revenue generated, and market share of different by Type (e.g., Full-Voltage Non Reversing, Full-Voltage Reversing).
Industry Analysis: Report analyse the broader industry trends, such as government policies and regulations, technological advancements, consumer preferences, and market dynamics. This analysis helps in understanding the key drivers and challenges influencing the Combination Starters market.
Regional Analysis: The report involves examining the Combination Starters market at a regional or national level. Report analyses regional factors such as government incentives, infrastructure development, economic conditions, and consumer behaviour to identify variations and opportunities within different markets.
Market Projections: Report covers the gathered data and analysis to make future projections and forecasts for the Combination Starters market. This may include estimating market growth rates, predicting market demand, and identifying emerging trends.
The report also involves a more granular approach to Combination Starters:
Company Analysis: Report covers individual Combination Starters manufacturers, suppliers, and other relevant industry players. This analysis includes studying their financial performance, market positioning, product portfolios, partnerships, and strategies.
Consumer Analysis: Report covers data on consumer behaviour, preferences, and attitudes towards Combination Starters This may involve surveys, interviews, and analysis of consumer reviews and feedback from different by Application (Construction, Oil & Gas).
Technology Analysis: Report covers specific technologies relevant to Combination Starters. It assesses the current state, advancements, and potential future developments in Combination Starters areas.
Competitive Landscape: By analyzing individual companies, suppliers, and consumers, the report present insights into the competitive landscape of the Combination Starters market. This analysis helps understand market share, competitive advantages, and potential areas for differentiation among industry players.
Market Validation: The report involves validating findings and projections through primary research, such as surveys, interviews, and focus groups.
Market Segmentation
Combination Starters market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value.
Market segment by Type
Full-Voltage Non Reversing
Full-Voltage Reversing
Multi-Speed
Reduced Voltage
Market segment by Application
Construction
Oil & Gas
Water And Wastewater Management
Chemical
Major players covered
ABB
General Electric
Rockwell Automation
Schneider Electric
Mitsubishi Electric
SIEMENS
Eaton
Sprecher + Schuh
ISC
Greenheck Fan
Market segment by region, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Combination Starters product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Combination Starters, with price, sales, revenue and global market share of Combination Starters from 2019 to 2024.
Chapter 3, the Combination Starters competitive situation, sales quantity, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Combination Starters breakdown data are shown at the regional level, to show the sales quantity, consumption value and growth by regions, from 2019 to 2030.
Chapter 5 and 6, to segment the sales by Type and application, with sales market share and growth rate by type, application, from 2019 to 2030.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value and market share for key countries in the world, from 2017 to 2023.and Combination Starters market forecast, by regions, type and application, with sales and revenue, from 2025 to 2030.
Chapter 12, market dynamics, drivers, restraints, trends and Porters Five Forces analysis.
Chapter 13, the key raw materials and key suppliers, and industry chain of Combination Starters.
Chapter 14 and 15, to describe Combination Starters sales channel, distributors, customers, research findings and conclusion.