Global Motor Starters Market 2016-2020

  • ID: 3972222
  • Report
  • Region: Global
  • 71 pages
  • TechNavio
1h Free Analyst Time

Speak directly to the analyst to clarify any post sales queries you may have.

1 of 5

FEATURED COMPANIES

  • ABB
  • Danfoss
  • Franklin Electric
  • Huali
  • Rockwell Automation
  • Siemens
  • MORE
About Motor Starters

The high starting current can damage the internal circuit of the armature winding of a motor. Therefore, a starter is used to limit the starting current of the motor. The starting time of a motor depends on inertia, load, and torque. As the starting current is connected to the mains and is always higher than the rated operational current of the motor, an excessively long starting or braking time will cause an overload and result in wear and tear. This can also cause electromechanical stress or damage the motor isolation. Motor starters protect motor systems and prevent overloads and short circuits. Motor starters increase the reliability of applications and processes due to their quick response time, i.e., switching off the motor within milliseconds of a short circuit, thus preventing motor damage.

The analysts forecast the global motor starters market to grow at a CAGR of 4.95% during the period 2016-2020.

Covered in this report
The report covers the present scenario and the growth prospects of the global motor starters market for 2016-2020. To calculate the market size, the report considers the revenue generated from sales, maintenance, and services of motor starters, as well as upgrades of existing equipment for calculating the market size.

The market is divided into the following segments based on geography:
- Americas
- APAC
- EMEA

The report, Global Motor Starters Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
- ABB
- Danfoss
- Rockwell Automation
- Siemens

Other prominent vendors
- Allied Motion Technologies
- ARC Systems
- Emerson Electric
- Franklin Electric
- Fuji Electric
- Huali
- IMO precision Controls
- Schneider Electric
- TECO-Westinghouse
- Toshiba
- WEG
- Yaskawa

Market drivers
- Standards imposed by regulatory bodies to increase energy efficiency of motors.
- For a full, detailed list, view the full report

Market challenges
- Threat of low-cost and counterfeit products.
- For a full, detailed list, view the full report

Market trends
- Rise in adoption of motor control centers.
- For a full, detailed list, view the full report

Key questions answered in this report
- What will the market size be in 2020 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?

You can request one free hour of the analyst’s time when you purchase this market report. Details are provided within the report.
READ MORE
Note: Product cover images may vary from those shown
2 of 5

FEATURED COMPANIES

  • ABB
  • Danfoss
  • Franklin Electric
  • Huali
  • Rockwell Automation
  • Siemens
  • MORE
Table of Content

Part 01: Executive summary
  • Highlights
Part 02: Scope of the report
  • Market overview
  • Key vendor offerings
  • Other prominent vendors
Part 03: Market research methodology
  • Research methodology
  • Economic indicators
Part 04: Introduction
  • Key market highlights
Part 05: Market landscape
  • Market overview
  • Five forces analysis
Part 06: Market segmentation by end-user
  • Global motor starters market in oil and gas industry
  • Global motor starters market in mining industry
  • Global motor starters market in power industry
  • Global motor starters market in automotive industry
  • Global motors starters market by others
Part 07: Geographical segmentation
  • Motor starters market in EMEA
  • Motor starters market in APAC
  • Motor starters market in Americas
Part 08: Market drivers
  • Need to reduce power consumption and increase motor efficiency
  • Standards imposed by regulatory bodies to increase energy efficiency of motors
  • Growing demand for motor starters with IEC ratings
Part 09: Impact of drivers

Part 10: Market challenges
  • Threat of low-cost and counterfeit products
  • Dominance of unorganized sector
  • Threat from variable frequency drives
Part 11: Impact of drivers and challenges

Part 12: Market trends
  • Rise in adoption of motor control centers
  • Increase in M&A
Part 13: Vendor landscape
  • Risk factors in global motor starters market
  • Competition analysis
  • ABB
  • Danfoss
  • Rockwell Automation
  • Siemens
  • Key takeaways of global motor starters market
Part 14: Appendix
  • List of abbreviations
Part 15: About the Author

List of Exhibits
Exhibit 01: Market segmentation by end-user and geography
Exhibit 02: Key geographies covered
Exhibit 03: Key countries and regions
Exhibit 04: Product offerings
Exhibit 05: Other prominent vendors
Exhibit 06: Comparison of three-phase motor starting systems
Exhibit 07: Global motor starters market 2015-2020 ($ billions)
Exhibit 08: Five forces analysis
Exhibit 09: Global motor starters market by end-users
Exhibit 10: Major bankruptcies reported in oil and gas industry 2015-2016 ($)
Exhibit 11: Global motor starters market in oil and gas industry 2015-2020 ($ millions)
Exhibit 12: Global copper price ($/lb.) 2011-2016
Exhibit 13: Difference in price drop in metal and mineral price December 2015-2014 (%)
Exhibit 14: Mining companies and projects that were affected by economic slowdown, 2014 - 2015
Exhibit 15: Global motor starters market in mining industry 2015-2020 ($ millions)
Exhibit 16: Distribution of raw mineral reserves between developed and emerging countries
Exhibit 17: Factors impacting mining in emerging economies
Exhibit 18: Global electricity demand CAGR 2014-2035
Exhibit 19: Key countries/continents and their installed power capacity versus population 2015
Exhibit 20: Global motor starters market in power industry 2015-2020 ($ millions)
Exhibit 21: Global motor starters market in automotive industry 2015-2020 ($ millions)
Exhibit 22: Global motor starters market by others 2015-2020 ($ millions)
Exhibit 23: Global motor starters market by geographic segmentation
Exhibit 24: Smart grid scenario in Europe
Exhibit 25: Motor starters market in EMEA 2015-2020 ($ millions)
Exhibit 26: Potential market for motor starters in mining industry in Africa
Exhibit 27: Potential mining destination rankings in Africa 2015
Exhibit 28: Motor starters market in APAC 2015-2020 ($ millions)
Exhibit 29: Natural gas pipeline projects in North America
Exhibit 30: Motor starters market in Americas 2015-2020 ($ millions)
Exhibit 31: US smart grid investment share by projects
Exhibit 32: Potential market for motor starters in mining industry in Americas
Exhibit 33: Impact of drivers
Exhibit 34: Impact of drivers and challenges
Exhibit 35: List of major acquisitions in motor starters market
Exhibit 36: Risk factors in global motor starters market
Exhibit 37: ABB motor starters product portfolio
Exhibit 38: Danfoss product portfolio
Exhibit 39: Rockwell Automation product portfolio
Exhibit 40: Siemens product portfolio
Note: Product cover images may vary from those shown
3 of 5

Loading
LOADING...

4 of 5

FEATURED COMPANIES

  • ABB
  • Danfoss
  • Franklin Electric
  • Huali
  • Rockwell Automation
  • Siemens
  • MORE
New Report Released: – Global Motor Starters Market 2016-2020

The author of the report recognizes the following companies as the key players in the global motor starters market: ABB, Danfoss, Rockwell Automation, and Siemens.

Other prominent vendors in the market are: Allied Motion Technologies, ARC Systems, Emerson Electric, Franklin Electric, Fuji Electric, Huali, IMO precision Controls, Schneider Electric, TECO-Westinghouse, Toshiba, WEG, and Yaskawa.

Commenting on the report, an analyst from the research team said: “One of latest trends in the market is rise in adoption of motor control centers. The global MCC market was valued at $4.36 billion in 2014 and is likely to reach $5.72 billion by 2019, growing at a CAGR of 5.58%. The MCC market is driven by the increased level of automation across industries. The increase in labor wages, rising competition, and strict safety and efficiency standards have led industries to completely automate their operations, thereby driving the demand for MCCs. These centers not only start and stop motors but also provide voltage and current metering, earthing, and thermal protection. The hassle-free installation and the demand for intelligent MCCs are expected to cross the demand for conventional MCCs by 2026 due to the higher capability to reduce maintenance costs and machine downtime, and provide higher safety standards.”

According to the report, one of the primary drivers in the market is need to reduce power consumption and increase motor efficiency. The rising cost of energy is a major concern worldwide. The reduction in energy consumption is a key to increase the profit margins of businesses in today's competitive world. We estimate that approximately 63% of industrial energy is used by electric motors, thus making them the obvious reason for concern across many industries. The consumption of energy can be made efficient in two ways — making the motors more efficient or by controlling the speed at which they run. However, the most effective method of reducing the environmental impact of motors is through controlling the speed of the motor through motor starters.

Further, the report states that one major challenge in the market is threat of low-cost and counterfeit products. End-users seeking huge consignments of goods with standard design parameters prefer low-priced Asian products because they bring down investments considerably. However, end-users that do not compromise on the quality of motor starters prefer recognized European manufacturers. Also, certain manufacturers are bringing counterfeit products that are packaged like genuine articles in a bid to illegally capture the market share.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Note: Product cover images may vary from those shown
5 of 5
  • ABB
  • Danfoss
  • Rockwell Automation
  • Siemens
  • Allied Motion Technologies
  • ARC Systems
  • Emerson Electric
  • Franklin Electric
  • Fuji Electric
  • Huali
  • IMO precision Controls
  • Schneider Electric
  • TECO-Westinghouse
  • Toshiba
  • WEG
  • Yaskawa
Note: Product cover images may vary from those shown
6 of 5
Note: Product cover images may vary from those shown
Adroll
adroll