Market Overview:
The global motor soft starter market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for energy-efficient solutions across various industries, and the growing awareness about motor soft starters among end users. Based on type, the global motor soft starter market is segmented into low voltage motor soft starters and medium to high voltage motor soft starters. Low voltage motors are used in applications with voltages up to 600 V, while medium to high voltage motors are used in applications with voltages above 600 V. The low voltage segment is expected to grow at a higher CAGR than the medium to high voltage segment during the forecast period from 2018to 2030.
Product Definition:
A motor soft starter is a device used to reduce the starting current of an electric Motor. It does this by using power electronic devices that create a rotating field in the stator of the motor. This rotating field reduces the starting torque required to get the rotor up to speed.
Low Voltage Motor Soft Starter:
Low voltage motor soft starter is a device used to convert the Alternating Current (AC) into Direct Current (DC). These are mainly used in applications where the starting current is less than or equal to 200mA and there is no need for a high voltage. Low Voltage Motor Soft Starters are available in two types, namely AC type and DC type.
Medium to High Voltage Motor Soft Starter:
Medium to high voltage motor soft starter is a device used in medium to high voltage (MV) electric motors which are not capable of providing the required starting torque. The MVESSS is an electronic device that uses pulse width modulation technique for producing low speed and high current waveforms for efficiently rotating the engine.
The key features of MVESSS include compact size, low cost, easy installation and maintenance, wide range input power supply (AC-DC), overload protection etc.
Application Insights:
The power generation segment dominated the global motor soft starter market in 2017, accounting for a share of over 40.0% by revenue. The growth can be attributed to the growing demand for electricity from various industrial applications and residential end-use sectors across countries such as China, India and Japan. Furthermore, soft starters are used in large numbers across power generation plants owing to their ability to reduce rotating machine start-ups which result in high maintenance costs along with reducing environmental pollution caused due to excess emissions.
In addition, soft starters have an advantage over conventional hard starting equipment since they eliminate the risk of damage or injury during starts when compared with other types of electric motors due to improved insulation properties between stator and rotor windings that prevent high voltage pulses from jumping directly from the primary winding into human skin or eyes (a phenomenon known as dielectric breakdown).
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 strong economic growth on account of rapid industrialization and flourishing automotive industry. China, India, Japan, South Korea are some of the prominent countries that have been contributing significantly to regional growth.
The Middle East & Africa is also anticipated to witness significant growth over a nine-year period from 2018 to 2030 owing to increasing demand for power generation across various industries including oil & gas, water & wastewater treatment and mining among others. In addition, rising government initiatives towards energy conservation are likely boost soft starters demand in this region as well.
Growth Factors:
- Increasing demand for electric vehicles
- Growing investments in renewable energy sources
- Rising concerns over energy security and climate change
- Proliferation of smart grids and the internet of things (IoT)
- Technological advancements in motor soft starters
Scope Of The Report
Report Attributes
Report Details
Report Title
Motor Soft Starter Market Research Report
By Type
Low Voltage Motor Soft Starter, Medium to High Voltage Motor Soft Starter
By Application
Oil & Gas, Water & Wastewater, Power Generation, Mining, Others
By Companies
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
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
245
Number of Tables & Figures
172
Customization Available
Yes, the report can be customized as per your need.
Global Motor Soft Starter Market Report Segments:
The global Motor Soft Starter market is segmented on the basis of:
Types
Low Voltage Motor Soft Starter, Medium to High Voltage Motor Soft 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
Oil & Gas, Water & Wastewater, Power Generation, Mining, Others
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:
- 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
Highlights of The Motor Soft Starter 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 Motor Soft Starter
- Medium to High Voltage Motor Soft Starter
- By Application:
- Oil & Gas
- Water & Wastewater
- Power Generation
- Mining
- Others
- 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 Soft Starter 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.
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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?
A motor soft starter is a type of electric motor starter that uses a rotating magnetic field to start the engine.
Some of the major players in the motor soft starter market are 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.
The motor soft starter market is expected to register a CAGR of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Motor Soft Starter Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Motor Soft Starter Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Motor Soft Starter Market - Supply Chain
4.5. Global Motor Soft Starter Market Forecast
4.5.1. Motor Soft Starter Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Motor Soft Starter Market Size (000 Units) and Y-o-Y Growth
4.5.3. Motor Soft Starter Market Absolute $ Opportunity
5. Global Motor Soft Starter Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Motor Soft Starter Market Size and Volume Forecast by Type
5.3.1. Low Voltage Motor Soft Starter
5.3.2. Medium to High Voltage Motor Soft Starter
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Motor Soft Starter Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Motor Soft Starter Market Size and Volume Forecast by Application
6.3.1. Oil & Gas
6.3.2. Water & Wastewater
6.3.3. Power Generation
6.3.4. Mining
6.3.5. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Motor Soft Starter Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Motor Soft Starter Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Motor Soft Starter Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Motor Soft Starter Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Motor Soft Starter Demand Share Forecast, 2019-2026
9. North America Motor Soft Starter Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Motor Soft Starter Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Motor Soft Starter Market Size and Volume Forecast by Application
9.4.1. Oil & Gas
9.4.2. Water & Wastewater
9.4.3. Power Generation
9.4.4. Mining
9.4.5. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Motor Soft Starter Market Size and Volume Forecast by Type
9.7.1. Low Voltage Motor Soft Starter
9.7.2. Medium to High Voltage Motor Soft Starter
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Motor Soft Starter Demand Share Forecast, 2019-2026
10. Latin America Motor Soft Starter Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Motor Soft Starter Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Motor Soft Starter Market Size and Volume Forecast by Application
10.4.1. Oil & Gas
10.4.2. Water & Wastewater
10.4.3. Power Generation
10.4.4. Mining
10.4.5. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Motor Soft Starter Market Size and Volume Forecast by Type
10.7.1. Low Voltage Motor Soft Starter
10.7.2. Medium to High Voltage Motor Soft Starter
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Motor Soft Starter Demand Share Forecast, 2019-2026
11. Europe Motor Soft Starter Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Motor Soft Starter Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Motor Soft Starter Market Size and Volume Forecast by Application
11.4.1. Oil & Gas
11.4.2. Water & Wastewater
11.4.3. Power Generation
11.4.4. Mining
11.4.5. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Motor Soft Starter Market Size and Volume Forecast by Type
11.7.1. Low Voltage Motor Soft Starter
11.7.2. Medium to High Voltage Motor Soft Starter
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Motor Soft Starter Demand Share, 2019-2026
12. Asia Pacific Motor Soft Starter Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Motor Soft Starter Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Motor Soft Starter Market Size and Volume Forecast by Application
12.4.1. Oil & Gas
12.4.2. Water & Wastewater
12.4.3. Power Generation
12.4.4. Mining
12.4.5. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Motor Soft Starter Market Size and Volume Forecast by Type
12.7.1. Low Voltage Motor Soft Starter
12.7.2. Medium to High Voltage Motor Soft Starter
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Motor Soft Starter Demand Share, 2019-2026
13. Middle East & Africa Motor Soft Starter Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Motor Soft Starter Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Motor Soft Starter Market Size and Volume Forecast by Application
13.4.1. Oil & Gas
13.4.2. Water & Wastewater
13.4.3. Power Generation
13.4.4. Mining
13.4.5. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Motor Soft Starter Market Size and Volume Forecast by Type
13.7.1. Low Voltage Motor Soft Starter
13.7.2. Medium to High Voltage Motor Soft Starter
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Motor Soft Starter Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Motor Soft Starter Market: Market Share Analysis
14.2. Motor Soft Starter Distributors and Customers
14.3. Motor Soft Starter Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Siemens
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. ABB
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Schneider Electric
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Rockwell
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Emerson
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Eaton
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. GE
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Toshiba
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Mitsubishi Electric
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Danfoss
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Solcon
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Omron
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. AuCom
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. WEG
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. RENLE
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. Hpan
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. Aotuo
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. Emotron (CG)
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. Benshaw
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. Carlo Gavazzi
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
