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Global Motor Soft Starter Market Outlook 2019-2020 & 2027: $3.55 Billion Market Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities - ResearchAndMarkets.com

DUBLIN, November 20, 2020 (BUSINESS WIRE) --

The "Motor Soft Starter - Global Market Outlook (2019-2027)" report has been added to ResearchAndMarkets.com's offering.

Global Motor Soft Starter Market accounted for $1.92 billion in 2019 and is expected to reach $3.55 billion by 2027, growing at a CAGR of 8% during the forecast period.

Rising demand for heating, ventilation, and air conditioning (HVAC) application and increasing adoption of industrial pumps are some of the factors propelling the growth of the market. However, the preference for variable frequency drives (VFDs) due to functional superiority and cost-effectiveness is hampering the growth of the market.

The motor soft starter is used to minimize the inrush current formed during motor start-up thereby enhancing efficiency and prolonging the shelf life of motors. Soft starters have widespread applications across different industries such as oil & gas, mining, and power generation industries. The soft starter helps in controlling motor acceleration thus preventing the damage of the motor in the entire process. This equipment can be installed with pumps, compressors, fans, among other devices to control the flow of current to the desired level.

Based on the voltage, the low voltage segment is anticipated to hold considerable market share during the forecast period owing to their widespread adoption in various process industries across the globe and rise in greenfield industrial investments, especially in the Asia-Pacific.

By geography, Asia-Pacific is expected to grow at a significant market share during the forecast period due to increased investments in construction, power generation, and industrialization projects, increasing power generation capacity additions and electricity demand.

What the report offers:

Market share assessments for the regional and country-level segments Strategic recommendations for the new entrants Covers Market data for the years 2018, 2019, 2020, 2024 and 2027 Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and Recommendations) Strategic recommendations in key business segments based on the market estimations Competitive landscaping mapping the key common trends Company profiling with detailed strategies, financials, and recent developments Supply chain trends mapping the latest technological advancements

Key Topics Covered:

1 Executive Summary

2 Preface

2.1 Abstract

2.2 Stake Holders

2.3 Research Scope

2.4 Research Methodology

2.5 Research Sources

3 Market Trend Analysis

3.1 Introduction

3.2 Drivers

3.3 Restraints

3.4 Opportunities

3.5 Threats

3.6 Application Analysis

3.7 End-user Analysis

3.8 Emerging Markets

3.9 Impact of COVID-19

4 Porters Five Forces Analysis

4.1 Bargaining Power of Suppliers

4.2 Bargaining Power of Buyers

4.3 Threat of Substitutes

4.4 Threat of New Entrants

4.5 Competitive Rivalry

5 Global Motor Soft Starter Market, By Rated Power

5.1 Introduction

5.2 Up to 750 W

5.3 751 W-75 kW

5.4 Above 75 kW

6 Global Motor Soft Starter Market, By Topology

6.1 Introduction

6.2 3-Phase Controlled Soft Starter

6.3 2-Phase Controlled Soft Starter

7 Global Motor Soft Starter Market, By Application

7.1 Introduction

7.2 Pumps

7.3 Fans

7.4 Compressors

7.5 Elevators & Escalators

7.6 Other Applications

7.6.1 Stirrer

7.6.2 Mixer

7.6.3 Crushers & Mills

7.6.4 Blow Thrusters

7.6.5 Conveyor Belts

8 Global Motor Soft Starter Market, By End-user

8.1 Introduction

8.2 Water & Wastewater

8.3 Power Generation

8.4 Oil & Gas

8.5 Mining

8.6 Other End-users

8.6.1 Pulp & Paper

8.6.2 Public Construction Industries

8.6.3 Cement & Manufacturing

8.6.4 Food & Beverage

8.6.5 Chemical & Petrochemical

9 Global Motor Soft Starter Market, By Voltage

9.1 Introduction

9.2 Low Voltage

9.3 Medium Voltage

9.4 High Voltage

10 Global Motor Soft Starter Market, By Type

10.1 Introduction

10.2 Mechanical Soft Starters

10.3 Mechanical and Electrical Soft Starters

10.4 Electrical Soft Starters

11 Global Motor Soft Starter Market, By Geography

12 Key Developments

12.1 Agreements, Partnerships, Collaborations and Joint Ventures

12.2 Acquisitions & Mergers

12.3 New Product Launches

12.4 Expansions

12.5 Other Key Strategies

13 Company Profiling

13.1 WEG

13.2 Toshiba

13.3 Solcon

13.4 Gozuk

13.5 Schneider Electric

13.6 Rockwell Automation

13.7 Nolta

13.8 Motortronics

13.9 Lovato Electric

13.10 Sinova

13.11 Emerson Electric

13.12 Siemens

13.13 Danfoss

13.14 Crompton Greaves

13.15 Minilec

13.16 Benshaw

13.17 ABB

13.18 Carlo Gavazzi

13.19 Eaton

13.20 Larsen & Toubro

For more information about this report visit https://www.researchandmarkets.com/r/i0idvz

View source version on businesswire.com: https://www.businesswire.com/news/home/20201120005610/en/

SOURCE: Research and Markets

<img alt="" src="https://cts.businesswire.com/ct/CT?id=bwnews&sty=20201120005610r1&sid=cmtx6&distro=nx&lang=en" style="width:0;height:0" />

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