Global Combination Starters Market to Reach $1.4 Billion by 2030
The global market for Combination Starters estimated at US$903 Million in the year 2022, is projected to reach a revised size of US$1.4 Billion by 2030, growing at a CAGR of 5.5% over the analysis period 2022-2030. Non-Reversing Combination Starters, one of the segments analyzed in the report, is projected to record 5.8% CAGR and reach US$1.1 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Reversing Combination Starters segment is readjusted to a revised 4.3% CAGR for the next 8-year period.The U.S. Market is Estimated at $246 Million, While China is Forecast to Grow at 9.3% CAGR
The Combination Starters market in the U.S. is estimated at US$246 Million in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$309.1 Million by the year 2030 trailing a CAGR of 9.3% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 2.8% and 4.5% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 3.6% CAGR.Select Competitors (Total 12 Featured) -
- ABB Ltd.
- Danfoss A/S
- Eaton Corporation PLC
- Emerson Electric Company
- Fuji Electric FA Components & Systems Co., Ltd.
- General Electric Company
- Mitsubishi Electric Corporation
- Rockwell Automation, Inc.
- Schneider Electric SA
- Siemens AG
- Toshiba International Corporation
- WEG SA
What's New?
- Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
- Global competitiveness and key competitor percentage market shares
- Market presence across multiple geographies - Strong/Active/Niche/Trivial
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Table of Contents
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- ABB Ltd.
- Danfoss A/S
- Eaton Corporation PLC
- Emerson Electric Company
- Fuji Electric FA Components & Systems Co., Ltd.
- General Electric Company
- Mitsubishi Electric Corporation
- Rockwell Automation, Inc.
- Schneider Electric SA
- Siemens AG
- Toshiba International Corporation
- WEG SA
Table Information
Report Attribute | Details |
---|---|
No. of Pages | 208 |
Published | April 2024 |
Forecast Period | 2022 - 2030 |
Estimated Market Value ( USD | $ 903 Million |
Forecasted Market Value ( USD | $ 1400 Million |
Compound Annual Growth Rate | 5.6% |
Regions Covered | Global |