Market Overview:
The global electronic motor starters market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for energy-efficient and reliable equipment across various industries. Additionally, the growing awareness about safety and security is also propelling the demand for electronic motor starters globally. Based on type, the global electronic motor starters market can be segmented into manual starter and magnetic motor starter. The magnetic motor starter segment is expected to account for a larger share of the global market in terms of revenue during the forecast period owing to its advantages such as low power consumption, high efficiency, and easy installation over manual starters. Based on application, the global electronic motor starters market can be divided into mechanical industry, mining industry, power industry, automotive industry, and other applications.
Product Definition:
An electronic motor starter is a device that is used to start electric motors. It consists of an enclosure, a power supply, and a controller. The controller monitors the voltage and current levels in the system and starts the motor when it detects that they are within safe limits. Electronic motor starters are important because they help protect motors from damage caused by starting them under too much load.
Manual Starter:
Manual starter is a manual device used to start an electric motor. It’s basically a switch that allows current to flow through the armature and rotating magnetic field creates electromagnetic force, which then induces rotation in the main shaft. There are two types of manual starters namely; contact and non-contact.
Contact type starter uses physical connection between the switch and magnet, whereas non-contact type starter does not use any physical connection between the switch.
Magnetic Motor Starter:
Magnetic motor starter is a device which uses magnetic field for starting an engine. It's main function is to provide initial spark to the fuel mixture so that it can get started. This device works on the simple principle of electromagnetic attraction and repulsion, where magnets are used as prime movers. These devices are mostly used in automotive applications such as electronic motor starters or manual transmission electric motors, but they can also be used in other sectors like marine industry or power generation sector too.
Application Insights:
The automotive application segment accounted for the largest revenue share of over 40% in 2017. The global demand for electric motor starters is expected to increase owing to its ability to eliminate the need for a conventional engine, thereby reducing overall vehicle weight and increasing fuel efficiency. Moreover, these products are also used in applications such as marine and industrial machinery where direct contact with an electric source is not possible or practical. These devices act as a reliable alternative solution providing continuous power supply required by various industries worldwide.
The mining industry was one of the prominent end users of EMSs due to their use in underground coal mines where there is no access to electricity grid or diesel generators due to remote locations and high costs associated with them.
Regional Analysis:
The market in Asia Pacific and South America is expected to grow at a significant rate over the forecast period. The growth can be attributed to increasing demand for electric motor starters from developing countries such as China, India, Indonesia, Vietnam and Brazil. In addition, rising industrialization coupled with growing manufacturing sector will drive the regional market further.
Asia Pacific was estimated as the largest regional market in 2017 owing to high product demand from various application industries such as mining industry and mechanical industry. Rising awareness regarding energy conservation is anticipated to propel product adoption across several industries thereby driving growth over the forecast period. Increasing investments by governments of emerging economies are also contributing towards increased usage of electric motor starters in this region which will boost revenue generation through new installations or replacements of existing plants/equipment etc., thus propelling overall revenue generation through 2030 forecasted).
Growth Factors:
- Increasing demand for electric vehicles
- Growing investments in renewable energy sources
- Rising trend of smart homes and buildings
- Proliferation of the Internet of Things (IoT)
- Emergence of new applications
Scope Of The Report
Report Attributes
Report Details
Report Title
Electronic Motor Starters Market Research Report
By Type
Manual Starter, Magnetic Motor Starter
By Application
Mechanical Industry, Mining Industry, Power Industry, Automotive Industry, Other
By Companies
ABB, Carlo Gavazzi, Phoenix Contact, Schneider Electric, Siemens, Eaton, GE Industrial, Danfoss India, BCH Electric Limited, ABB
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
160
Number of Tables & Figures
112
Customization Available
Yes, the report can be customized as per your need.
Global Electronic Motor Starters Market Report Segments:
The global Electronic Motor Starters market is segmented on the basis of:
Types
Manual Starter, Magnetic Motor Starter
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Mechanical Industry, Mining Industry, Power Industry, Automotive Industry, Other
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- ABB
- Carlo Gavazzi
- Phoenix Contact
- Schneider Electric
- Siemens
- Eaton
- GE Industrial
- Danfoss India
- BCH Electric Limited
- ABB
Highlights of The Electronic Motor Starters Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Manual Starter
- Magnetic Motor Starter
- By Application:
- Mechanical Industry
- Mining Industry
- Power Industry
- Automotive Industry
- Other
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Electronic Motor Starters Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Electronic motor starters are devices that use an electric motor to start a car. They are typically smaller and more portable than traditional starters, making them easier to use in cars with small engine spaces.
Some of the major players in the electronic motor starters market are ABB, Carlo Gavazzi, Phoenix Contact, Schneider Electric, Siemens, Eaton, GE Industrial, Danfoss India, BCH Electric Limited, ABB.
The electronic motor starters market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Electronic Motor Starters Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Electronic Motor Starters Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Electronic Motor Starters Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Electronic Motor Starters Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Electronic Motor Starters Market Size & Forecast, 2018-2028
4.5.1 Electronic Motor Starters Market Size and Y-o-Y Growth
4.5.2 Electronic Motor Starters Market Absolute $ Opportunity
Chapter 5 Global Electronic Motor Starters Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Electronic Motor Starters Market Size Forecast by Type
5.2.1 Manual Starter
5.2.2 Magnetic Motor Starter
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Electronic Motor Starters Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Electronic Motor Starters Market Size Forecast by Applications
6.2.1 Mechanical Industry
6.2.2 Mining Industry
6.2.3 Power Industry
6.2.4 Automotive Industry
6.2.5 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Electronic Motor Starters Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Electronic Motor Starters Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Electronic Motor Starters Analysis and Forecast
9.1 Introduction
9.2 North America Electronic Motor Starters Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Electronic Motor Starters Market Size Forecast by Type
9.6.1 Manual Starter
9.6.2 Magnetic Motor Starter
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Electronic Motor Starters Market Size Forecast by Applications
9.10.1 Mechanical Industry
9.10.2 Mining Industry
9.10.3 Power Industry
9.10.4 Automotive Industry
9.10.5 Other
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Electronic Motor Starters Analysis and Forecast
10.1 Introduction
10.2 Europe Electronic Motor Starters Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Electronic Motor Starters Market Size Forecast by Type
10.6.1 Manual Starter
10.6.2 Magnetic Motor Starter
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Electronic Motor Starters Market Size Forecast by Applications
10.10.1 Mechanical Industry
10.10.2 Mining Industry
10.10.3 Power Industry
10.10.4 Automotive Industry
10.10.5 Other
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Electronic Motor Starters Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Electronic Motor Starters Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Electronic Motor Starters Market Size Forecast by Type
11.6.1 Manual Starter
11.6.2 Magnetic Motor Starter
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Electronic Motor Starters Market Size Forecast by Applications
11.10.1 Mechanical Industry
11.10.2 Mining Industry
11.10.3 Power Industry
11.10.4 Automotive Industry
11.10.5 Other
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Electronic Motor Starters Analysis and Forecast
12.1 Introduction
12.2 Latin America Electronic Motor Starters Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Electronic Motor Starters Market Size Forecast by Type
12.6.1 Manual Starter
12.6.2 Magnetic Motor Starter
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Electronic Motor Starters Market Size Forecast by Applications
12.10.1 Mechanical Industry
12.10.2 Mining Industry
12.10.3 Power Industry
12.10.4 Automotive Industry
12.10.5 Other
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Electronic Motor Starters Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Electronic Motor Starters Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Electronic Motor Starters Market Size Forecast by Type
13.6.1 Manual Starter
13.6.2 Magnetic Motor Starter
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Electronic Motor Starters Market Size Forecast by Applications
13.10.1 Mechanical Industry
13.10.2 Mining Industry
13.10.3 Power Industry
13.10.4 Automotive Industry
13.10.5 Other
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Electronic Motor Starters Market: Competitive Dashboard
14.2 Global Electronic Motor Starters Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 ABB
14.3.2 Carlo Gavazzi
14.3.3 Phoenix Contact
14.3.4 Schneider Electric
14.3.5 Siemens
14.3.6 Eaton
14.3.7 GE Industrial
14.3.8 Danfoss India
14.3.9 BCH Electric Limited
14.3.10 ABB
