Increasing adoption of motor soft starter in industrial pumps along with growing demand of HVAC control system coupled with cost effectiveness & minimal space requirements are key factors that is responsible for the growth of the market across the globe.
Preference of VFD over motor soft starter due to functional superiority and cost-effectiveness are the factors that hinder the growth of the market. Increasing application of the motors across industries coupled with different fixed speed applications are the factors that is expected to offer abundant growth opportunities to the market. Growing concerns regarding renewable energy is a key market challenge faced by stakeholders and key market players.
The report segments the market on the basis of voltage, application, industry and region. On the basis of voltage the market is segmented into low voltage (up to 0.69 kV) and medium voltage (0.69-5 kV). On the basis of rated power, the market is segmented into up to 100 kW and above 100 kW. On the basis of application, the market is segmented into pumps, fans, compressors and others. On the basis of industry, the market is segmented into oil & gas, water & wastewater, power generation, mining and others
On the basis of Region, the market is segmented into North America, South America, Asia-Pacific, Middle East & Africa and Europe.
Key market players operating in this market are ABB Ltd., Siemens AG, Eaton Corporation PLC, Schneider Electric SE, General Electric Company, Emerson Electric Co., Rockwell Automation, Inc., Littelfuse Inc., WEG SA, and Crompton Greaves Limited.
KEY BENEFITS FOR STAKEHOLDERS:
The report provides a comprehensive analysis of current & future market trends and emerging avenues for the growth of this market across the globe.
The report offers an overview of changing market dynamics in terms of fast turn-around analysis of stakeholders responses to recent industry policy changes and market trends.
The report offers an insight into competitive landscape in terms of new technological developments, untapped segments, and value chain analysis.
This report entails the detailed quantitative analysis of the current market and estimations through 2014 and 2020, which assists in identifying the prevailing market opportunities.
Recent developments in government policies on various segments is highlighted along with offering insight into the regulatory framework impacting the market.
The report offers strategic analysis of financial status of key market players, and highlights market share of key vendors.
The report offers the competitive landscape scenario in terms of the strategies adopted by key industry players to consolidate their market positions.
MOTOR SOFT STARTER KEY MARKET SEGMENTS:
Motor Soft Starter Market By Voltage
Low Voltage Motor Soft Starter Market
Medium Voltage Motor Soft Starter Market
Motor Soft Starter Market By Rated Power (KW)
Motor Soft Starter With Rated Power Up to 100 KW
Motor Soft Starter With Rated Power Above 100 KW
Motor Soft Starter Market By Industry
Oil & Gas
Water & Wastewater
Motor Soft Starter Market By Application
Motor Soft Starter Market By Region
Middle East & Africa
Key Company Profiles
Eaton Corporation PLC
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The analyst offers exhaustive research and analysis based on a wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics, and regional intelligence. The in-house industry experts play an instrumental role in designing analytic tools and models, tailored to the requirements of a particular industry segment. The primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks, and face-to-face interactions.
They are also in professional corporate relations with various companies that allow them greater flexibility for reaching out to industry participants and commentators for interviews and discussions.
They also refer to a broad array of industry sources for their secondary research, which typically include; however, not limited to:
- Company SEC filings, annual reports, company websites, broker & financial reports, and investor presentations for competitive scenario and shape of the industry
- Scientific and technical writings for product information and related preemptions
- Regional government and statistical databases for macro analysis
- Authentic news articles and other related releases for market evaluation
- Internal and external proprietary databases, key market indicators, and relevant press releases for market estimates and forecast
Furthermore, the accuracy of the data will be analyzed and validated by conducting additional primaries with various industry experts and KOLs. They also provide robust post-sales support to clients.