PUNE, India, September 11, 2015 /PRNewswire/ --
The report "Motor Soft Starter Market by Voltage, by Rated Power, by Application (Pumps, Fans, Compressors & Others), by Industry (Oil & Gas, Water & Wastewater, Power Generation, Mining & Others) and by Region - Global Forecast and Trends to 2020", defines and segments the global Motor Soft Starter Market with an analysis and forecast of the market size. The Motor Soft Starter Market is expected to grow from an estimated $1,227.9 Million in 2015 to $1,672.4 Million by 2020, at a CAGR of 6.37%.
Browse 69 Tables and 52 Figures spread through 152 Pages and in-depth TOC on "Motor Soft Starter Market"
Early buyers will receive 10% customization on this report.
The global Motor Soft Starter Market is witnessing high growth on account of an increase in the developmental activities in oil & gas, water & wastewater, mining industries and power infrastructure. A major portion of the demand comes from oil & gas, water & wastewater and mining activities in the North America and Asia-Pacific regions. Increasing acceptance of motor control and protection across the above industries has driven the demand for motor soft starters around the world. A motor soft starter is designed to control the initial voltage to motor for a jerk free start in all industrial applications such as cement, oil & gas, chemicals & petrochemicals, power generation, paper & pulp, and mining.
Download Free Sample Pages of Report @ http://www.marketsandmarkets.com/requestsample.asp?id=117691183
Furthermore, increasing acceptance in wastewater treatment plants, rising oil & gas activities, hassle free installation, and enhancement of the overall effectiveness of the equipment are expected to affect the motor soft starters market, globally. The figure below shows the global Motor Soft Starter Market share by region in 2014.
The report forecasts revenue of the global Motor Soft Starter Market, which includes main regions such as North America, South America, Asia-Pacific, Europe, and the Middle East and Africa. Motor Soft Starter Market is also analyzed on the basis of the voltage which include low and medium voltage motor soft starters, by rated power which includes up to 100 kW and Above 100 kW, by application which includes pumps, fans, compressors and others, by industries which includes oil & gas, water & wastewater, mining, power generation and others. The motor soft starter market includes major players mainly 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)
Asia-Pacific: Leading market for Motor soft starters
Asia-Pacific dominated the Motor Soft Starter Market in 2014, followed by Europe. The increasing demand of motors from various industries and rising industrial infrastructure in China, India, Japan, and other Asian countries, are the key factors for the increase demand of motor soft starters in Asia Pacific. Asia-Pacific is projected to grow at a higher rate in Motor Soft Starter Market where China and India have the fastest growth within the region. U.S. had the second largest Motor Soft Starter Market in 2014. The unconventional oil & gas developments, water & wastewater industries offer huge potential for motor soft starters in North America.
Browse Related Reports
Motor Control Centers Market by Type (Intelligent & Conventional), Voltage (LV & MV), End User (Industrial & Commercial), & by Component (Circuit Breakers & Fuses, VFD's, Overload Relays, Soft Starters, Bus Bars & Others) - Global Forecast and Trends to 2020
Permanent Magnet Synchronous Motor Market by Mounting Type (Horizontal & Vertical), Power Rating (Below 375 kW and Above 375 kW), by Application (Oil & Gas, Industrial & Manufacturing, Power, & Transportation), by Region - Global Trends & Forecasts to 2020
MarketsandMarkets is world's No. 2 firm in terms of annually published premium market research reports. Serving 1700 global fortune enterprises with more than 1200 premium studies in a year, M&M is catering to multitude of clients across 8 different industrial verticals. We specialize in consulting assignments and business research across high growth markets, cutting edge technologies and newer applications. Our 850 fulltime analyst and SMEs at MarketsandMarkets are tracking global high growth markets following the "Growth Engagement Model - GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors.
M&M's flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets. The new included chapters on Methodology and Benchmarking presented with high quality analytical infographics in our reports gives complete visibility of how the numbers have been arrived and defend the accuracy of the numbers.
We at MarketsandMarkets are inspired to help our clients grow by providing apt business insight with our huge market intelligence repository.
Markets and Markets
UNIT no 802, Tower no. 7, SEZ
Magarpatta city, Hadapsar
Pune, Maharashtra 411013, India
Email: [email protected]
Visit MarketsandMarkets Blog @ http://www.marketsandmarketsblog.com/market-reports/energy-and-power
Connect with us on LinkedIn @ http://www.linkedin.com/company/marketsandmarkets