Global Low Voltage Motor Starter Market Growth 2024-2030
The global Low Voltage Motor Starter market size is projected to grow from US$ 927.9 million in 2023 to US$ 1242 million in 2030; it is expected to grow at a CAGR of 4.3% from 2024 to 2030.
LP Information, Inc. (LPI) ' newest research report, the “Low Voltage Motor Starter Industry Forecast” looks at past sales and reviews total world Low Voltage Motor Starter sales in 2023, providing a comprehensive analysis by region and market sector of projected Low Voltage Motor Starter sales for 2024 through 2030. With Low Voltage Motor Starter sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Low Voltage Motor Starter industry.
This Insight Report provides a comprehensive analysis of the global Low Voltage Motor Starter landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Low Voltage Motor Starter portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Low Voltage Motor Starter market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Low Voltage Motor Starter and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Low Voltage Motor Starter.
United States market for Low Voltage Motor Starter is estimated to increase from US$ million in 2023 to US$ million by 2030, at a CAGR of % from 2024 through 2030.
China market for Low Voltage Motor Starter is estimated to increase from US$ million in 2023 to US$ million by 2030, at a CAGR of % from 2024 through 2030.
Europe market for Low Voltage Motor Starter is estimated to increase from US$ million in 2023 to US$ million by 2030, at a CAGR of % from 2024 through 2030.
Global key Low Voltage Motor Starter players cover ABB, Joslyn Clark, Emerson, Akron Electric and Schneider Electric, etc. In terms of revenue, the global two largest companies occupied for a share nearly % in 2023.
This report presents a comprehensive overview, market shares, and growth opportunities of Low Voltage Motor Starter market by product type, application, key manufacturers and key regions and countries.
Segmentation by type
Solid State Soft Starter
Liquid Resistance Starter
Other
Segmentation by application
Oil and Gas Industry
Mining Industry
Power Industry
Automotive Industry
Other
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
ABB
Joslyn Clark
Emerson
Akron Electric
Schneider Electric
Eaton
GE
Rockwell
Siemens
Key Questions Addressed in this Report
What is the 10-year outlook for the global Low Voltage Motor Starter market?
What factors are driving Low Voltage Motor Starter market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Low Voltage Motor Starter market opportunities vary by end market size?
How does Low Voltage Motor Starter break out type, application?
Please note: The report will take approximately 2 business days to prepare and deliver.