Press release
Manual Motor Starters Market Is Supposed To Grow At A Cagr Of 4.2% Between 2019 And 2025
This report studies the Manual Motor Starters market, Manual motor starters are electro-mechanical protection devices for the main circuit. They are used mainly to switch motors manually ON/OFF and protect them fuse less against short-circuit, overload and phase failures. Fuse less protection with a manual motor starter saves costs, space and ensures a quick reaction under short-circuit condition, by switching off the motor within milliseconds.About the price, the High-end products is expensive than the most commonly used products; the price of product from different manufacturers is very different, Europe and US’s product is expensive than Japan and China. Usually, EU and US’s product price is several times than domestic product. New enterprise can cooperate with the leading company, such as Siemens, and also must strengthen the study of the product, to promote the company's products to obtain industry competitiveness and market share.
The global Manual Motor Starters market was 490 million US$ in 2018 and is expected to 690 million US$ by the end of 2025, growing at a CAGR of 4.2% between 2019 and 2025. This report studies the Manual Motor Starters market size (value and volume) by players, regions, product types and end industries, history data 2014-2018 and forecast data 2019-2025; This report also studies the global market competition landscape, market drivers and trends, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.
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Geographically, this report is segmented into several key regions, with sales, revenue, market share and growth Rate of Manual Motor Starters in these regions, from 2014 to 2025, covering
North America (United States, Canada and Mexico)
Europe (Germany, UK, France, Italy, Russia and Turkey etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil etc.)
Middle East and Africa (Egypt and GCC Countries)
The various contributors involved in the value chain of the product include manufacturers, suppliers, distributors, intermediaries, and customers. The key manufacturers in this market include
ABB
Schneider Electric
Siemens
Fuji Electric
Eaton
Mitsubishi Electric
Chint
Emerson Electric
LS Industrial Systems
Hubbell
Lovato Electric
FANOX
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By the product type, the market is primarily split into
DC Manual Motor Starters
AC Manual Motor Starters
By the end users/application, this report covers the following segments
Oil & Gas
Water & Wastewater
Industrial Manufacturing
Mining Industry
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