Global Soft Starter Market to grow at a CAGR of 6.35% during the period 2017-2021

"The Report Global Soft Starter Market 2017-2021 provides information on pricing, market analysis, shares, forecast, and company profiles for key industry participants. - MarketResearchReports.biz"

About Soft Starter

Soft starters are devices that are used to protect motors from large current fluctuation or inrush. The current inrush or spikes affect the performance of the medium and low voltage motors. Soft starters help in a smooth start and stop functionality of motors, which in turn increases the motors work life and the overall efficiency of the motors. The starting time for motors depends on the initial load, inertia, and torque. As in most cases, the starting current is higher than the rated operational current of the motors, it becomes essential for having a proper motor control center (MCC) in place, which can provide an adequate supply of current/voltage for the smooth functioning of the motors.

Technavios analysts forecast the global soft starter market to grow at a CAGR of 6.35% during the period 2017-2021.

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Covered in this report

The report covers the present scenario and the growth prospects of the global soft starter market for 2017-2021. To calculate the market size, the report considers new installation sales.

The market is divided into the following segments based on geography:
Americas
APAC
EMEA

Technavio's report, Global Soft Starter Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
ABB
Eaton
Rockwell Automation
Schneider Electric
Siemens

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Other prominent vendors
CG Power and Industrial Solutions
Danfoss
Emerson
Fairford Electronics
General Electric
Littelfuse
Toshiba
WEG

Market driver
Less supervision required due to built-in software
For a full, detailed list, view our report

Market challenge
Popularity of variable frequency drives
For a full, detailed list, view our report

Market trend
Requirement of miniature drives for harsh environment
For a full, detailed list, view our report

Key questions answered in this report
What will the market size be in 2021 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the market opportunities and threats faced by the key vendors?
What are the strengths and weaknesses of the key vendors?

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Contact

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Mr. Nachiket
State Tower
90 Sate Street, Suite 700
Albany, NY 12207
Tel: +1-518-621-2074
Website: http://www.marketresearchreports.biz/
E: sales@marketresearchreports.biz

This release was published on openPR.