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Motor soft starter market is projected to reach USD 1.84 billion by 2022

07-07-2017 12:02 PM CET | Advertising, Media Consulting, Marketing Research

Press release from: Reports and Reports

Motor Soft Starter Market by type 2017-2022 by Service spreads across 157 pages profiling 14+ companies and supported with 64 tables and 67 figures available at ReportsnReports.com

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“The motor soft starter market is projected to grow at a CAGR of 6.08% from 2017 to 2022”
The motor soft starter market is projected to reach USD 1.84 billion by 2022, at a CAGR of 6.08% from 2017 to 2022.The growing demand for industrial pumps and HVAC systems have boosted the demand for motor soft starters. In addition, the growth of water &wastewater industry in regions, such as Asia-Pacific and the Middle East & Africa, would further aid the growth of this market. The functional superiority and cost competitiveness of VFDs would act as a restraint for the growth of the motor soft starter market.

“The pumps segment is expected to grow at the highest CAGR from 2017 to 2022”
Based on the type of application, the pump segment is estimated to be the largest and fastest growing market from 2017 to 2022. Pumps find their applications in industries such as oil & gas, chemicals& petrochemicals, cement, and paper & pulp. Pumps are critical for various industrial applications and majority of applications does not require a speed control. The rising application of pumps in these industries and the demand for motor soft start &stop applications would drive the motor soft starter market during the forecast period.

“The up to 100kW segment is expected to dominate the motor soft starter market from 2017 to 2022”
The up to 100kW motor soft starter is the largest market in the rated power segment. Motor soft starters are extensively used by industries for protecting the equipment from sudden inrush voltage while starting.

Motor Soft Starter Market, By Voltage

Introduction
Low Voltage
Medium Voltage

Motor Soft Starter Market, By Rated Power

Introduction
Up to 100 kW
Above 100 kW

Motor Soft Starter Market, By Application

Introduction
Pumps
Fans
Compressors
Others

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Fundamentals of Table of Content:

9 Motor Soft Starter Market, By Industry

9.1 Introduction
9.2 Oil & Gas
9.3 Water & Wastewater
9.4 Power Generation
9.5 Mining
9.6 Others

12 Company Profiles

(Overview, Products & Services, Strategies & Insights, Developments and MnM View)*
12.1 ABB Ltd.
12.2 Eaton Corporation, PLC
12.3 Siemens AG
12.4 General Electric Company
12.5 Schneider Electric SE
12.6 Rockwell Automation, Inc.
12.7 Fairford Electronics Ltd.
12.8 Emerson Electric Co.
12.9 Danfoss A/S
12.10 Carlo Gavazzi Holding AG
12.11 Littelfuse, Inc.
12.12 Weg SA
12.13 Toshiba International Corporation Pty Ltd
12.14 Crompton Greaves Ltd.

*Details on Overview, Products & Services, Strategies & Insights, Developments and MnM View Might Not Be Captured in Case of Unlisted Companies.

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