Global Demand For Motor Soft Starters Is Projected To Increase At A CAGR Of 6% From 2023 To 2033

The motor soft starter market is a segment within the electrical industry that focuses on the production, distribution, and use of devices designed to control the starting and stopping of electric motors. Motor soft starters are used to reduce the inrush current and torque during motor startup, thereby protecting the motor and connected equipment from excessive stress and damage. The market for motor soft starters has witnessed significant growth due to factors such as increasing industrial automation, the need for energy-efficient motor control solutions, and the emphasis on motor protection and reliability. Soft starters are commonly used in various industries, including manufacturing, oil and gas, mining, water treatment, and HVAC systems, where electric motors are widely employed.

There are different types of motor soft starters available in the market, including solid-state soft starters, fluid coupling starters, and autotransformer starters. Solid-state soft starters are the most commonly used type, utilizing semiconductor devices to control the voltage and current supplied to the motor during startup. Fluid coupling starters use a hydraulic coupling to gradually increase the torque transmitted to the motor. Autotransformer starters employ transformers to reduce the voltage supplied to the motor during startup. The selection of a motor soft starter depends on factors such as the motor power rating, application requirements, load characteristics, and budget considerations. Motor soft starters offer benefits such as reduced mechanical stress, controlled acceleration and deceleration, improved power quality, and enhanced motor protection. They also enable energy savings by reducing peak power demand and preventing motor damage due to abrupt starting.

In conclusion, the motor soft starter market is an important segment within the electrical industry, providing devices that ensure controlled and reliable motor starting. The market is driven by factors such as the increasing focus on energy efficiency, the adoption of automation and motor control systems, and the need for motor protection and reliability. With ongoing technological advancements and the growing demand for energy-efficient motor control solutions, the motor soft starter market is expected to continue growing and evolving in the coming years.

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Key findings of the Motor Soft Starter market study:

• The report provides a present market outlook on Motor Soft Starter. Additionally, the Motor Soft Starter market share is anticipated to grow with a CAGR of 6% in the forecast period.
• Regional breakdown of the Motor Soft Starter market based on predefined taxonomy.
• Innovative manufacturing processes implemented by Motor Soft Starter vendors in detail.
• Region-wise and country-wise fragmentation of the Motor Soft Starter market to grasp the revenue, and growth outlook in these areas.
• Changing preferences among consumers across various regions and countries.
• Factors (Positive and Negative) impacting the growth of the global Motor Soft Starter market.
• Motor Soft Starter price, market share, and Trends forecast for assessment period 2023-2033

Which Countries are Contributing to North American Market Growth?

As per Fact.MR, a market research and competitive intelligence provider, North America captured 36% of the global market for motor soft starters in 2022. North America is leading the worldwide market due to the presence of numerous prominent motor soft starter manufacturers in the region.
The United States, Canada, and Mexico are significantly contributing to the regional market growth. The increasing use of automation in oil and gas exploration and manufacturing plants is propelling market growth in the United States. Moreover, the rapid growth in the oil and gas and construction industries is bolstering market expansion in Canada. Furthermore, heavy investment in the oil and gas industry and increased industrialization are driving the market in Mexico.

Competitive landscape analysis

Furthermore, mid-size to small businesses are expanding their market presence by securing new contracts and branching out into new industries as a consequence of technical improvements and product innovations.
In August 2021, Siemens AG introduced the Sirius 3RW55 Failsafe, the first soft starter with built-in safe torque-off capabilities. A fail-safe digital input included into the device is coupled to an emergency stop button directly. The motor stops entirely if an operator selects the emergency shutdown option. Until the interlock is engaged, the motor runs in this mode. The introduction of this innovative motor soft starter is part of the company's strategy to expand its product line.

Some of the leading companies operating in the market are :
• Siemens AG
• Emerson Electric Company
• ABB Ltd
• General Electric Company
• Eaton Corporation PLC
• Rockwell Automation, Inc
• Schneider Electric SA
• Toshiba International Corporation

What insights does the Motor Soft Starter report provide to the readers?

• Motor Soft Starter fragmentation on the basis of product type, end use, and region.
• Comprehensive assessment of upstream starting materials, downstream demand, and present market landscape.
• Collaborations, R&D projects, acquisitions, and product launches of each Motor Soft Starter player.
• Various regulations imposed by the governments on the consumption of Motor Soft Starter in detail.

Key Segments of Motor Soft Starter Industry Research

• By Voltage :
o Low
o Medium

• By Application :
o Fans
o Pumps
o Compressors

• By End Use :
o Oil & Gas
o Mining
o Power
o Water & Wastewater
o Other End Uses

• By Region :
o North America
o Latin America
o Europe
o Asia Pacific & China
o Middle East & Africa

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This release was published on openPR.