Motor Soft Starter Market
Motor Soft Starter - Global Market Outlook (2019-2027)
According to Stratistics MRC, the Global Motor Soft Starter Market is accounted for $1.92 billion in 2019 and is expected to reach $3.55 billion by 2027 growing at a CAGR of 8.0% during the forecast period. Rising demand for heating, ventilation, and air conditioning (HVAC) application and increasing adoption of industrial pumps are some of the factors propelling the growth of the market. However, the preference for variable frequency drives (VFDs) due to functional superiority and cost-effectiveness is hampering the growth of the market.
The motor soft starter is used to minimize the inrush current formed during motor start-up thereby enhancing efficiency and prolonging the shelf life of motors. Soft starters have widespread applications across different industries such as oil & gas, mining, and power generation industries. The soft starter helps in controlling motor acceleration thus preventing the damage of the motor in the entire process. This equipment can be installed with pumps, compressors, fans, among other devices to control the flow of current to the desired level.
Based on the voltage, the low voltage segment is anticipated to hold considerable market share during the forecast period owing to their widespread adoption in various process industries across the globe and rise in greenfield industrial investments, especially in the Asia Pacific. By geography, Asia Pacific is expected to grow at a significant market share during the forecast period due to increased investments in construction, power generation, and industrialization projects, increasing power generation capacity additions and electricity demand.
Some of the key players profiled in the Motor Soft Starter Market include WEG, Toshiba, Solcon, Gozuk, Schneider Electric, Rockwell Automation, Nolta, Motortronics, Lovato Electric, Sinova, Emerson Electric, Siemens, Danfoss, Crompton Greaves, Minilec, Benshaw, ABB, Carlo Gavazzi, Eaton, and Larsen & Toubro.
Rated Powers Covered:
• Up to 750 W
• 751 W–75 kW
• Above 75 kW
Topologies Covered:
• 3-Phase Controlled Soft Starter
• 2-Phase Controlled Soft Starter
Applications Covered:
• Pumps
• Fans
• Compressors
• Elevators & Escalators
• Other Applications
End Users Covered:
• Water & Wastewater
• Power Generation
• Oil & Gas
• Mining
• Other End Users
Voltages Covered:
• Low Voltage
• Medium Voltage
• High Voltage
Types Covered:
• Mechanical Soft Starters
• Mechanical and Electrical Soft Starters
• Electrical Soft Starters
Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o UK
o Italy
o France
o Spain
o Rest of Europe
• Asia Pacific
o Japan
o China
o India
o Australia
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa
What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2018, 2019, 2020, 2024 and 2027
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
• Company Profiling
o Comprehensive profiling of additional market players (up to 3)
o SWOT Analysis of key players (up to 3)
• Regional Segmentation
o Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
o Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances
Table of Contents
1 Executive Summary
2 Preface
2.1 Abstract
2.2 Stake Holders
2.3 Research Scope
2.4 Research Methodology
2.4.1 Data Mining
2.4.2 Data Analysis
2.4.3 Data Validation
2.4.4 Research Approach
2.5 Research Sources
2.5.1 Primary Research Sources
2.5.2 Secondary Research Sources
2.5.3 Assumptions
3 Market Trend Analysis
3.1 Introduction
3.2 Drivers
3.3 Restraints
3.4 Opportunities
3.5 Threats
3.6 Application Analysis
3.7 End User Analysis
3.8 Emerging Markets
3.9 Impact of Covid-19
4 Porters Five Force Analysis
4.1 Bargaining power of suppliers
4.2 Bargaining power of buyers
4.3 Threat of substitutes
4.4 Threat of new entrants
4.5 Competitive rivalry
5 Global Motor Soft Starter Market, By Rated Power
5.1 Introduction
5.2 Up to 750 W
5.3 751 W–75 kW
5.4 Above 75 kW
6 Global Motor Soft Starter Market, By Topology
6.1 Introduction
6.2 3-Phase Controlled Soft Starter
6.3 2-Phase Controlled Soft Starter
7 Global Motor Soft Starter Market, By Application
7.1 Introduction
7.2 Pumps
7.3 Fans
7.4 Compressors
7.5 Elevators & Escalators
7.6 Other Applications
7.6.1 Stirrer
7.6.2 Mixer
7.6.3 Crushers & Mills
7.6.4 Blow Thrusters
7.6.5 Conveyor Belts
8 Global Motor Soft Starter Market, By End User
8.1 Introduction
8.2 Water & Wastewater
8.3 Power Generation
8.4 Oil & Gas
8.5 Mining
8.6 Other End Users
8.6.1 Pulp & Paper
8.6.2 Public Construction Industries
8.6.3 Cement & Manufacturing
8.6.4 Food & Beverage
8.6.5 Chemical & Petrochemical
9 Global Motor Soft Starter Market, By Voltage
9.1 Introduction
9.2 Low Voltage
9.3 Medium Voltage
9.4 High Voltage
10 Global Motor Soft Starter Market, By Type
10.1 Introduction
10.2 Mechanical Soft Starters
10.3 Mechanical and Electrical Soft Starters
10.4 Electrical Soft Starters
11 Global Motor Soft Starter Market, By Geography
11.1 Introduction
11.2 North America
11.2.1 US
11.2.2 Canada
11.2.3 Mexico
11.3 Europe
11.3.1 Germany
11.3.2 UK
11.3.3 Italy
11.3.4 France
11.3.5 Spain
11.3.6 Rest of Europe
11.4 Asia Pacific
11.4.1 Japan
11.4.2 China
11.4.3 India
11.4.4 Australia
11.4.5 New Zealand
11.4.6 South Korea
11.4.7 Rest of Asia Pacific
11.5 South America
11.5.1 Argentina
11.5.2 Brazil
11.5.3 Chile
11.5.4 Rest of South America
11.6 Middle East & Africa
11.6.1 Saudi Arabia
11.6.2 UAE
11.6.3 Qatar
11.6.4 South Africa
11.6.5 Rest of Middle East & Africa
12 Key Developments
12.1 Agreements, Partnerships, Collaborations and Joint Ventures
12.2 Acquisitions & Mergers
12.3 New Product Launch
12.4 Expansions
12.5 Other Key Strategies
13 Company Profiling
13.1 WEG
13.2 Toshiba
13.3 Solcon
13.4 Gozuk
13.5 Schneider Electric
13.6 Rockwell Automation
13.7 Nolta
13.8 Motortronics
13.9 Lovato Electric
13.10 Sinova
13.11 Emerson Electric
13.12 Siemens
13.13 Danfoss
13.14 Crompton Greaves
13.15 Minilec
13.16 Benshaw
13.17 ABB
13.18 Carlo Gavazzi
13.19 Eaton
13.20 Larsen & Toubro
List of Tables
1 Global Motor Soft Starter Market Outlook, By Region (2018-2027) ($MN)
2 Global Motor Soft Starter Market Outlook, By Rated Power (2018-2027) ($MN)
3 Global Motor Soft Starter Market Outlook, By Up to 750 W (2018-2027) ($MN)
4 Global Motor Soft Starter Market Outlook, By 751 W–75 kW (2018-2027) ($MN)
5 Global Motor Soft Starter Market Outlook, By Above 75 kW (2018-2027) ($MN)
6 Global Motor Soft Starter Market Outlook, By Topology (2018-2027) ($MN)
7 Global Motor Soft Starter Market Outlook, By 3-Phase Controlled Soft Starter (2018-2027) ($MN)
8 Global Motor Soft Starter Market Outlook, By 2-Phase Controlled Soft Starter (2018-2027) ($MN)
9 Global Motor Soft Starter Market Outlook, By Application (2018-2027) ($MN)
10 Global Motor Soft Starter Market Outlook, By Pumps (2018-2027) ($MN)
11 Global Motor Soft Starter Market Outlook, By Fans (2018-2027) ($MN)
12 Global Motor Soft Starter Market Outlook, By Compressors (2018-2027) ($MN)
13 Global Motor Soft Starter Market Outlook, By Elevators & Escalators (2018-2027) ($MN)
14 Global Motor Soft Starter Market Outlook, By Other Applications (2018-2027) ($MN)
15 Global Motor Soft Starter Market Outlook, By Stirrer (2018-2027) ($MN)
16 Global Motor Soft Starter Market Outlook, By Mixer (2018-2027) ($MN)
17 Global Motor Soft Starter Market Outlook, By Crushers & Mills (2018-2027) ($MN)
18 Global Motor Soft Starter Market Outlook, By Blow Thrusters (2018-2027) ($MN)
19 Global Motor Soft Starter Market Outlook, By Conveyor Belts (2018-2027) ($MN)
20 Global Motor Soft Starter Market Outlook, By End User (2018-2027) ($MN)
21 Global Motor Soft Starter Market Outlook, By Water & Wastewater (2018-2027) ($MN)
22 Global Motor Soft Starter Market Outlook, By Power Generation (2018-2027) ($MN)
23 Global Motor Soft Starter Market Outlook, By Oil & Gas (2018-2027) ($MN)
24 Global Motor Soft Starter Market Outlook, By Mining (2018-2027) ($MN)
25 Global Motor Soft Starter Market Outlook, By Other End Users (2018-2027) ($MN)
26 Global Motor Soft Starter Market Outlook, By Pulp & Paper (2018-2027) ($MN)
27 Global Motor Soft Starter Market Outlook, By Public Construction Industries (2018-2027) ($MN)
28 Global Motor Soft Starter Market Outlook, By Cement & Manufacturing (2018-2027) ($MN)
29 Global Motor Soft Starter Market Outlook, By Food & Beverage (2018-2027) ($MN)
30 Global Motor Soft Starter Market Outlook, By Chemical & Petrochemical (2018-2027) ($MN)
31 Global Motor Soft Starter Market Outlook, By Voltage (2018-2027) ($MN)
32 Global Motor Soft Starter Market Outlook, By Low Voltage (2018-2027) ($MN)
33 Global Motor Soft Starter Market Outlook, By Medium Voltage (2018-2027) ($MN)
34 Global Motor Soft Starter Market Outlook, By High Voltage (2018-2027) ($MN)
35 Global Motor Soft Starter Market Outlook, By Type (2018-2027) ($MN)
36 Global Motor Soft Starter Market Outlook, By Mechanical Soft Starters (2018-2027) ($MN)
37 Global Motor Soft Starter Market Outlook, By Mechanical and Electrical Soft Starters (2018-2027) ($MN)
38 Global Motor Soft Starter Market Outlook, By Electrical Soft Starters (2018-2027) ($MN)
Note: Tables for North America, Europe, APAC, South America, and Middle East & Africa Regions are also represented in the same manner as above.
List of Figures
RESEARCH METHODOLOGY
We at ‘Stratistics’ opt for an extensive research approach which involves data mining, data validation, and data analysis. The various research sources include in-house repository, secondary research, competitor’s sources, social media research, client internal data, and primary research.
Our team of analysts prefers the most reliable and authenticated data sources in order to perform the comprehensive literature search. With access to most of the authenticated data bases our team highly considers the best mix of information through various sources to obtain extensive and accurate analysis.
Each report takes an average time of a month and a team of 4 industry analysts. The time may vary depending on the scope and data availability of the desired market report. The various parameters used in the market assessment are standardized in order to enhance the data accuracy.
Data Mining
The data is collected from several authenticated, reliable, paid and unpaid sources and is filtered depending on the scope & objective of the research. Our reports repository acts as an added advantage in this procedure. Data gathering from the raw material suppliers, distributors and the manufacturers is performed on a regular basis, this helps in the comprehensive understanding of the products value chain. Apart from the above mentioned sources the data is also collected from the industry consultants to ensure the objective of the study is in the right direction.
Market trends such as technological advancements, regulatory affairs, market dynamics (Drivers, Restraints, Opportunities and Challenges) are obtained from scientific journals, market related national & international associations and organizations.
Data Analysis
From the data that is collected depending on the scope & objective of the research the data is subjected for the analysis. The critical steps that we follow for the data analysis include:
- Product Lifecycle Analysis
- Competitor analysis
- Risk analysis
- Porters Analysis
- PESTEL Analysis
- SWOT Analysis
The data engineering is performed by the core industry experts considering both the Marketing Mix Modeling and the Demand Forecasting. The marketing mix modeling makes use of multiple-regression techniques to predict the optimal mix of marketing variables. Regression factor is based on a number of variables and how they relate to an outcome such as sales or profits.
Data Validation
The data validation is performed by the exhaustive primary research from the expert interviews. This includes telephonic interviews, focus groups, face to face interviews, and questionnaires to validate our research from all aspects. The industry experts we approach come from the leading firms, involved in the supply chain ranging from the suppliers, distributors to the manufacturers and consumers so as to ensure an unbiased analysis.
We are in touch with more than 15,000 industry experts with the right mix of consultants, CEO's, presidents, vice presidents, managers, experts from both supply side and demand side, executives and so on.
The data validation involves the primary research from the industry experts belonging to:
- Leading Companies
- Suppliers & Distributors
- Manufacturers
- Consumers
- Industry/Strategic Consultants
Apart from the data validation the primary research also helps in performing the fill gap research, i.e. providing solutions for the unmet needs of the research which helps in enhancing the reports quality.
For more details about research methodology, kindly write to us at info@strategymrc.com
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