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Global (United States, European Union and China) Soft Starter Market Research Report 2019-2025

Soft starters are devices that are used to protect motors from large current fluctuation or inrush. The current inrush or spikes affect the performance of the medium and low voltage motors. Soft starters help in a smooth start and stop functionality of motors, which in turn increases the motors work life and the overall efficiency of the motors. The starting time for motors depends on the initial load, inertia, and torque. As in most cases, the starting current is higher than the rated operational current of the motors, it becomes essential for having a proper motor control center (MCC) in place, which can provide an adequate supply of current/voltage for the smooth functioning of the motors. During 2017, the pumps segment accounted for the major shares of this market due the increasing demand from the end users. The soft starters limit the initial spike or high voltage, which will help in regulating the voltage and providing better control over the acceleration of pumps. This will help manufacturers to ease the process and reduce the wear and tear of motors. The increasing installation of pumps will help in the growth of the soft starters market during the coming years. The oil and gas industry will contribute to the major shares of the soft starter market. The increasing investments and the rising number of pipelines in regions such as APAC and EMEA will increase the installation of soft starters in the oil and gas industries. Additionally, government regulations for the usage of equipment for carbon footprints has also leveraged the use of soft starters since it will increase the overall efficiency of the production process. In 2019, the market size of Soft Starter is xx million US$ and it will reach xx million US$ in 2025, growing at a CAGR of xx% from 2019; while in China, the market size is valued at xx million US$ and will increase to xx million US$ in 2025, with a CAGR of xx% during forecast period. In this report, 2018 has been considered as the base year and 2019 to 2025 as the forecast period to estimate the market size for Soft Starter. This report studies the global market size of Soft Starter, especially focuses on the key regions like United States, European Union, China, and other regions (Japan, Korea, India and Southeast Asia). This study presents the Soft Starter production, revenue, market share and growth rate for each key company, and also covers the breakdown data (production, consumption, revenue and market share) by regions, type and applications. history breakdown data from 2014 to 2019, and forecast to 2025. For top companies in United States, European Union and China, this report investigates and analyzes the production, value, price, market share and growth rate for the top manufacturers, key data from 2014 to 2019. In global market, the following companies are covered: Siemens ABB Schneider Electric Rockwell Emerson Eaton GE Toshiba Mitsubishi Electric Danfoss Solcon Omron AuCom WEG RENLE Hpan Aotuo Emotron (CG) Benshaw Carlo Gavazzi ZIRI Electrical CHINT Delixi Westpow Motortronics Andeli CNYH Jiukang Market Segment by Product Type Low Voltage Soft Starter Medium to High Voltage Soft Starter Market Segment by Application Oil & Gas Water & Wastewater Power Generation Mining Other Key Regions split in this report: breakdown data for each region. United States China European Union Rest of World (Japan, Korea, India and Southeast Asia) The study objectives are: To analyze and research the Soft Starter status and future forecast in United States, European Union and China, involving sales, value (revenue), growth rate (CAGR), market share, historical and forecast. To present the key Soft Starter manufacturers, presenting the sales, revenue, market share, and recent development for key players. To split the breakdown data by regions, type, companies and applications To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks. To identify significant trends, drivers, influence factors in global and regions To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market In this study, the years considered to estimate the market size of Soft Starter are as follows: History Year: 2014-2018 Base Year: 2018 Estimated Year: 2019 Forecast Year 2019 to 2025
Global (United States, European Union and China) Soft Starter Market Research Report 2019-2025.pdf
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About this Report
Report ID 432648
Category
  • Machines
Published on 10-Dec
Number of Pages 143
Publisher Name QY Research
Editor Rating
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