Motor Soft Starter Market Research 2018 Along with Statistics, Forecasts till 2022

Energy

The global motor soft starter market is estimated to be USD 1.37 Billion in 2017 and is expected to grow at a CAGR of 6.08% from 2017 to 2022. Increasing demand for industrial pumps and HVAC applications is one of the major factors driving the motor soft starter market.

To enable an in-depth understanding of the competitive landscape, the report includes profiles of some of the top players in the motor soft starter market. These players include ABB Ltd. (Switzerland), Eaton Corporation, PLC (Ireland), Siemens AG (Germany), General Electric Company (U.S.), and Schneider Electric SE (France). Leading players are trying to penetrate the markets in developing economies and are adopting various strategies to increase their market share.

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Scope of the Report

By Voltage, the Motor Soft Starter Market has been segmented into the following:

o    Low Voltage

o    Medium Voltage

By Rated Power, the Motor Soft Starter Market has been segmented into the following:

o    Up to 100 kW

o    Above 100 kW

By Application, the Motor Soft Starter Market has been segmented into the following:

o    Pumps

o    Fans

o    Compressors

o    Others

By Industry, the Motor Soft Starter Market has been segmented into the following:

o    Oil & Gas

o    Water & Wastewater

o    Power Generation

o    Mining

o    Others

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Objectives of the study:

·         To define, describe, and forecast the global motor soft starter market on the basis of voltage, rated power, application, industry, and region

·         To provide detailed information regarding the major factors influencing the growth of the motor soft starter market (drivers, restraints, opportunities, and industry-specific challenges)

·         To strategically analyze the motor soft starter market with respect to individual growth trends, future prospects, and contributions of each segment to the market

·         To analyze market opportunities for stakeholders and to provide details of the competitive landscape for market leaders

·         To benchmark players within the market using the proprietary Vendor DIVE framework, which analyzes market players on various parameters within the broad categories of business and product strategy

·         To strategically profile key players and comprehensively analyze their market shares and core competencies*

·         To track and analyze competitive developments such as contra