Global Motor Soft Starter Market Growth 2023-2029

Global Motor Soft Starter Market Growth 2023-2029

Motor soft starter is a device used with AC electrical motors to temporarily reduce the load and torque in the power train and electric current surge of the motor during start-up.
LPI (LP Information)' newest research report, the “Motor Soft Starter Industry Forecast” looks at past sales and reviews total world Motor Soft Starter sales in 2022, providing a comprehensive analysis by region and market sector of projected Motor Soft Starter sales for 2023 through 2029. With Motor Soft Starter sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Motor Soft Starter industry.
This Insight Report provides a comprehensive analysis of the global Motor Soft 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 Motor Soft Starter portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Motor Soft Starter market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Motor Soft 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 Motor Soft Starter.
The global Motor Soft Starter market size is projected to grow from US$ 1312.9 million in 2022 to US$ 1505.1 million in 2029; it is expected to grow at a CAGR of 1505.1 from 2023 to 2029.
Now, the leading manufacturers of Motor Soft Starter located in the USA, Europe and Japan, such as Siemens (Germany), occupied 14% market share, followed by ABB (Switzerland), Schneider Electric (Europe) and Rockwell (Europe), they occupied 12%, 7%, 6% market share, thus the four leading companies hold above 40% market share in the world market. There is a big gap between domestic companies and abroad companies, the major companies include Renle, Hpan and Aotuo in China.
This report presents a comprehensive overview, market shares, and growth opportunities of Motor Soft Starter market by product type, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
Low Voltage Motor Soft Starter
Medium to High Voltage Motor Soft Starter
Segmentation by application
Oil & Gas
Water & Wastewater
Power Generation
Mining
Others
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.
Siemens
ABB
Schneider Electric
Rockwell
Emerson
Eaton
GE
Toshiba
Mitsubishi Electric
Danfoss
Solcon
Omron
AuCom
WEG
RENLE
Hpan
Aotuo
Emotron (CG)
Benshaw
Carlo Gavazzi
CHZIRI
CHINT
Delixi
Westpow
Motortronics
Andeli
CNYH
Jiukang
Key Questions Addressed in this Report
What is the 10-year outlook for the global Motor Soft Starter market?
What factors are driving Motor Soft Starter market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Motor Soft Starter market opportunities vary by end market size?
How does Motor Soft Starter break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.