Global Enclosed Reduced Voltage Soft Starter Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030
The closed voltage step-down soft starter is a device used to control the starting process of the motor. It can reduce the voltage and gradually increase the voltage when the motor starts, thereby reducing the current shock when the motor starts and protecting the motor and related equipment. Enclosed step-down soft starters usually consist of electronic devices, controllers and circuits that can monitor the starting conditions of the motor and adjust the voltage output accordingly to ensure smooth and reliable starting of the motor. This starting method helps extend the life of the motor, reduces equipment maintenance costs, and reduces the impact on the grid. Closed voltage-reducing soft starters are widely used in various motor systems in industrial production, such as pumps, fans, compressors, etc.
According to our (Global Info Research) latest study, the global Enclosed Reduced Voltage Soft Starter market size was valued at US$ 1738 million in 2023 and is forecast to a readjusted size of USD 2626 million by 2030 with a CAGR of 6.1% during review period.
The enclosed step-down soft starter market is showing a steady growth trend globally. With the advancement of industrial automation and the popularization of electric equipment, the demand for soft starters is also increasing. The electric equipment market is growing rapidly, and as an important part of electric equipment, the demand for soft starters has also increased. In addition, the global trend of energy conservation and environmental protection has also promoted the development of the soft starter market. Its advantages of reducing energy consumption, reducing grid impact, and extending the life of electric equipment are favored by more and more companies. In general, the closed-type step-down soft starter market is in a period of rapid development, and the future development prospects of this market are still very broad.
This report is a detailed and comprehensive analysis for global Enclosed Reduced Voltage Soft Starter market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2024, are provided.
Key Features:
Global Enclosed Reduced Voltage Soft Starter market size and forecasts, in consumption value ($ Million), sales quantity (K Units), and average selling prices (US$/Unit), 2019-2030
Global Enclosed Reduced Voltage Soft Starter market size and forecasts by region and country, in consumption value ($ Million), sales quantity (K Units), and average selling prices (US$/Unit), 2019-2030
Global Enclosed Reduced Voltage Soft Starter market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (K Units), and average selling prices (US$/Unit), 2019-2030
Global Enclosed Reduced Voltage Soft Starter market shares of main players, shipments in revenue ($ Million), sales quantity (K Units), and ASP (US$/Unit), 2019-2024
The Primary Objectives in This Report Are:
To determine the size of the total market opportunity of global and key countries
To assess the growth potential for Enclosed Reduced Voltage Soft Starter
To forecast future growth in each product and end-use market
To assess competitive factors affecting the marketplace
This report profiles key players in the global Enclosed Reduced Voltage Soft Starter market based on the following parameters - company overview, sales quantity, revenue, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include ABB, Siemens, Schneider Electric, Rockwell Automation, Eaton, Danfoss, WEG Electric, Lovato Electric, Mitsubishi Electric, Fuji Electric, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.
Market Segmentation
Enclosed Reduced Voltage Soft Starter 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. This analysis can help you expand your business by targeting qualified niche markets.
Market segment by Type
Current Limiting
Voltage Reduction
Voltage/Frequency Control
Market segment by Application
Manufacturing
Mining Industry
Water Treatment
Power Industry
Major players covered
ABB
Siemens
Schneider Electric
Rockwell Automation
Eaton
Danfoss
WEG Electric
Lovato Electric
Mitsubishi Electric
Fuji Electric
Toshiba
Emotron
Motortronics
Bonfiglioli Riduttori
Control Techniques
SEW-Eurodrive
Nidec
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 Enclosed Reduced Voltage Soft Starter product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Enclosed Reduced Voltage Soft Starter, with price, sales quantity, revenue, and global market share of Enclosed Reduced Voltage Soft Starter from 2019 to 2024.
Chapter 3, the Enclosed Reduced Voltage Soft Starter competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Enclosed Reduced Voltage Soft Starter 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 by Application, with sales market share and growth rate by Type, by 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 2019 to 2024.and Enclosed Reduced Voltage Soft Starter market forecast, by regions, by Type, and by 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 Enclosed Reduced Voltage Soft Starter.
Chapter 14 and 15, to describe Enclosed Reduced Voltage Soft Starter sales channel, distributors, customers, research findings and conclusion.