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Global Soft Starter Market 2020-2024Speak directly to the analyst to clarify any post sales queries you may have.
The soft starter market is poised to grow by USD 359.90 mn during 2020-2024 progressing at a CAGR of 4% during the forecast period. The report on the soft starter market provide a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current global market scenario, latest trends and drivers, and the overall market environment. The market is driven by the demand for energy-efficient products and less supervision required due to built-in software. In addition, demand for energy-efficient products is anticipated to boost the growth of the market as well.
The soft starter market analysis includes the end-user segment, application segment, and geographical landscapes.
The soft starter market is segmented as below:
By End-user
- Oil and gas
- Mining
- Power
- Automotive
- Others
By Application
- pumps
- fans and blowers
- compressors
- others
By Geographical landscapes
- APAC
- Europe
- North America
- MEA
- South America
This study identifies the need for enhancing productivity by reducing the downtime as one of the prime reasons driving the soft starter market growth during the next few years.
The report presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters.
The soft starter market covers the following areas:
- Soft starter market sizing
- Soft starter market forecast
- Soft starter market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading soft starter market vendors that include ABB Ltd., CG Power and Industrial Solutions Ltd., Danfoss AS, Eaton Corporation Plc, Emerson Electric Co., General Electric Co., Rockwell Automation Inc., Schneider Electric SE, Siemens AG, and Toshiba International Corp. Also, the soft starter market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage on all forthcoming growth opportunities.
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 an analysis of the key vendors.
The report presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary.
This market research report provides a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast an accurate market growth.
Table of Contents
Executive Summary
Market Landscape
Market Sizing
Five Forces Analysis
Market Segmentation by Application
Market Segmentation by End-user
Geographic Landscape
Vendor Landscape
Vendor Analysis
Appendix
List of Exhibits
Executive Summary
The publisher recognizes the following companies as the key players in the global soft starter market: ABB Ltd., CG Power and Industrial Solutions Ltd., Danfoss AS, Eaton Corporation Plc, Emerson Electric Co., General Electric Co., Rockwell Automation Inc., Schneider Electric SE, Siemens AG, and Toshiba International Corp.Commenting on the report, an analyst from the research team said: "The latest trend gaining momentum in the market is need for enhancing productivity by reducing the downtime."
According to the report, one of the major drivers for this market is the demand for energy-efficient products.
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.
Companies Mentioned
A selection of companies mentioned in this report includes:
- ABB Ltd.
- CG Power and Industrial Solutions Ltd.
- Danfoss AS
- Eaton Corporation Plc
- Emerson Electric Co.
- General Electric Co.
- Rockwell Automation Inc.
- Schneider Electric SE
- Siemens AG
- Toshiba International Corp.
