Market Overview:
The global motor protection systems market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for motor protection systems from process industries and discrete industries. Additionally, the growing demand for motor protection systems in Asia Pacific and Middle East & Africa is also contributing to the growth of this market. However, volatility in raw material prices may restrain the growth of this market during the forecast period. The global motor protection systems market can be segmented on the basis of type, application, and region. On the basis of type, it can be divided into low-voltage motors and medium-voltage motors. Low-voltage motors are used for applications with voltages up to 600 VAC or 1000 VDC while medium-voltage motors are used for applications with voltages above 600 VAC or 1000 VDC . On the basis of application, it can be classified into process industries and discrete industries . Process industries include chemical processing plants , oil refineries , paper mills , pharmaceuticals plants etc., while discrete industries include automotive manufacturing plants , metal fabrication plants etc,. Geographically, it can be segmented into North America, Latin America Europe Asia Pacific and Middle East & Africa .
Product Definition:
Motor protection systems are devices or circuits that are used to protect motors from damage. These systems can include circuit breakers, overload relays, and motor protectors. The purpose of these systems is to prevent motors from being overloaded or damaged due to electrical faults. Motor protection systems are important because they help ensure the safety of people and equipment.
Low-voltage Motors:
Low-voltage motors (LV) are used in various applications such as medical equipment, industrial automation and control systems, HVAC equipment, etc. The growth factor for LV motor is torque density which is measured in terms of IHP (Imperial horsepower). Torque is a force that can cause rotation and speed up to the point of failure.
Medium-voltage Motors:
Medium-voltage motors are used in various applications such as industrial automation, medical equipment, and motor protection systems. The market is expected to witness significant growth over the forecast period owing to increasing demand for medium-voltage (MV) motors in electric vehicles.
Medium voltage is defined as the range between 1 kV up to and including 3,000 V.
Application Insights:
The process industries segment dominated the global market in 2017 and is expected to witness significant growth over the forecast period. The growing demand for electric motors with high reliability, durability, and low maintenance is anticipated to drive the product demand in this application segment.
In addition to process industries, other applications include discrete industries such as medical equipment and consumer electronics. In recent years, there has been a rise in electronic devices that use electric motors for purposes such as gaming controllers or portable media players. This trend is likely to positively influence product demand over the forecast period.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The region has been witnessing increasing demand for motor protection systems from several industries, such as food & beverage, chemicals & petrochemicals, power generation, iron & steel manufacturing. These factors are anticipated to drive the regional market growth over the forecast period.
The growing industrial sector and rapid urbanization in Asia Pacific have created numerous opportunities for manufacturers of motors and associated products across various applications. Furthermore, rising awareness regarding employee safety coupled with stringent regulations by regulatory bodies pertaining to employee health & safety is projected to further propel product demand in this region during the forecast years.
Europe accounted for a significant share of revenue owing to high adoption rates of motor protection systems in countries such as Germany (26th highest), France (29th highest), Russia (40th highest) among others due to strict regulations about occupational injuries.
Growth Factors:
- Increasing demand for electric vehicles
- Growing awareness about the benefits of motor protection systems
- Rapid industrialization and urbanization in developing countries
- Rising investments in renewable energy sources
- Technological advancements
Scope Of The Report
Report Attributes
Report Details
Report Title
Motor Protection Systems Market Research Report
By Type
Low-voltage Motors, Medium-voltage Motors
By Application
Process Industries, Discrete Industries
By Companies
ABB, Eaton, General Electric, Rockwell Automation, Schneider Electric, Basler Electric, SEL, ASHIDA, Siemens, Emerson, 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
164
Number of Tables & Figures
115
Customization Available
Yes, the report can be customized as per your need.
Global Motor Protection Systems Market Report Segments:
The global Motor Protection Systems market is segmented on the basis of:
Types
Low-voltage Motors, Medium-voltage Motors
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
Process Industries, Discrete Industries
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
- Eaton
- General Electric
- Rockwell Automation
- Schneider Electric
- Basler Electric
- SEL
- ASHIDA
- Siemens
- Emerson
- ABB
Highlights of The Motor Protection Systems 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:
- Low-voltage Motors
- Medium-voltage Motors
- By Application:
- Process Industries
- Discrete Industries
- 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 Motor Protection Systems 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?
Motor protection systems are a type of safety equipment that helps protect people and property from the effects of motor vehicle accidents. Motor protection systems can include features such as airbags, seat belts, and rollover prevention devices.
Some of the major companies in the motor protection systems market are ABB, Eaton, General Electric, Rockwell Automation, Schneider Electric, Basler Electric, SEL, ASHIDA, Siemens, Emerson, ABB.
The motor protection systems 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 Motor Protection Systems 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 Motor Protection Systems Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Motor Protection Systems 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 Motor Protection Systems 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 Motor Protection Systems Market Size & Forecast, 2020-2028
4.5.1 Motor Protection Systems Market Size and Y-o-Y Growth
4.5.2 Motor Protection Systems Market Absolute $ Opportunity
Chapter 5 Global 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 Market Size Forecast by Type
5.2.1 Low-voltage Motors
5.2.2 Medium-voltage Motors
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global 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 Market Size Forecast by Applications
6.2.1 Process Industries
6.2.2 Discrete Industries
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Motor Protection Systems 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 Motor Protection Systems 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 Analysis and Forecast
9.1 Introduction
9.2 North America 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 Market Size Forecast by Type
9.6.1 Low-voltage Motors
9.6.2 Medium-voltage Motors
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 Market Size Forecast by Applications
9.10.1 Process Industries
9.10.2 Discrete Industries
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 Analysis and Forecast
10.1 Introduction
10.2 Europe 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 Market Size Forecast by Type
10.6.1 Low-voltage Motors
10.6.2 Medium-voltage Motors
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 Market Size Forecast by Applications
10.10.1 Process Industries
10.10.2 Discrete Industries
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 Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific 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 Market Size Forecast by Type
11.6.1 Low-voltage Motors
11.6.2 Medium-voltage Motors
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 Market Size Forecast by Applications
11.10.1 Process Industries
11.10.2 Discrete Industries
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 Analysis and Forecast
12.1 Introduction
12.2 Latin America 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 Market Size Forecast by Type
12.6.1 Low-voltage Motors
12.6.2 Medium-voltage Motors
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 Market Size Forecast by Applications
12.10.1 Process Industries
12.10.2 Discrete Industries
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) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) 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) Market Size Forecast by Type
13.6.1 Low-voltage Motors
13.6.2 Medium-voltage Motors
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) Market Size Forecast by Applications
13.10.1 Process Industries
13.10.2 Discrete Industries
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 Motor Protection Systems Market: Competitive Dashboard
14.2 Global Motor Protection Systems Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 ABB
14.3.2 Eaton
14.3.3 General Electric
14.3.4 Rockwell Automation
14.3.5 Schneider Electric
14.3.6 Basler Electric
14.3.7 SEL
14.3.8 ASHIDA
14.3.9 Siemens
14.3.10 Emerson
14.3.11 ABB
