NEW YORK, Jan. 19, 2016 /PRNewswire/ -- Soft starters have several applications; they are primarily used in applications with limited installation space such as in the oil & gas, mining, and power generation industries where uncontrolled motor acceleration can damage the motor and affect the entire process, leading to monetary losses for the company. The device can be installed with fans, pumps, compressors, and other equipment to control the current flow.
This report has segmented the global motor soft starter market based on voltage, rated power, application, and industry end-users. Pumps, fans, and compressors are the major applications that have been considered.
The market based on industry has been categorized into oil & gas, water & wastewater, power generation, and mining. The market has been presented along with its regional distribution, in terms of market size and share, across North America, Europe, Asia-Pacific, the Middle East & Africa, and South America. The global motor soft starter market is projected to grow at a CAGR of 6.37% during the forecast period, driven by demand from increasing motor applications across Asia-Pacific and North America. The largest demand is set to emanate from the pumping application segment, while low voltage motor soft starters would be the most widely used in the market.
This report also includes the profiles for leading motor soft starter providers, and equipment manufacturers, such as:
ABB Ltd. (Switzerland), Eaton Corporation (Ireland), Siemens AG (Germany), Schneider Electric (France), and Rockwell Automation (U.S.), General Electric (U.S.), Emerson Electric Company (U.S.), Littlefuse Inc. (U.S.), Crompton Greaves Limited (India), WEG SA (Brazil), Danfoss A/S (Denmark), Fairford Electronics Limited (U.K.) and Toshiba International Corporation Pty Limited (Australia).
Scope of the report: This study estimates the global market of motor soft starter, in terms of US dollar value, till 2020. It also offers a detailed qualitative and quantitative analysis of this market. This report provides a comprehensive review of major market drivers, restraints, opportunities, challenges, winning imperatives, and key issues of the market. The report also covers various important aspects of the market. These include analysis of value chain, Porter's Five Forces model, competitive landscape, market dynamics, market estimates in terms of value, and future trends in the motor soft starter market.
Various secondary sources have been considered including encyclopedias, directories, and databases to identify and collect information that is useful for this extensive commercial study of the global motor soft starter market. The primary sources involve experts, manufacturers, and utility providers from the industry have all been interviewed to obtain and verify critical information, as well as assess future prospects of the global motor soft starter market.
On the basis of Voltage: Low Voltage (Up to 0.69 kV) and Medium Voltage (0.69 to 15 kV)
On the basis of Rated Power: Up to 100 kW and Above 100 kW
On the basis of applications: Pumps, Fans, Compressors and Others
On the basis of Industry: Oil & Gas, Water & Wastewater, Power Generation, Mining and Others
On the basis of regions: North America, Europe, South America, Asia-Pacific, and the Middle East & Africa.
With the market data provided above, MarketsandMarkets offers customizations as per the company's specific needs. The following customization options are available for the report:
- Detailed analysis and profiling of additional market players (Up to 5)
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