Motor Starters Market
Motor Starters Market Global Industry Assessment & Forecast
Segments Covered
- By Type Low Voltage Motor Starters, High Voltage Motor Starters
- By Application Oil and Gas Industry, Mining Industry, Power Industry, Automotive Industry
Snapshot
Forecast Years: | 2021 - 2028 |
Historical Years: | 2016 - 2020 |
Revenue 2021: | 1856 Million |
Revenue 2028: | 3460.86 Million |
Revenue CAGR (2021 - 2028): | 8.1 |
Fastest Growing Region (2022 - 2028) | Asia Pacific |
Customization Offered
- Cross-segment Market Size and Analysis for Mentioned Segments
- Additional Company Profiles (Upto 5 With No Cost)
- Additional Countries (Apart From Mentioned Countries)
- Country/Region-specific Report
- Go To Market Strategy
- Region Specific Market Dynamics
- Region Level Market Share
- Import Export Analysis
- Production Analysis
- Others Request Customization Speak To Analyst
Sr. No. | Offering | Report Coverage |
1. | Market Size | In terms of Revenue (USD Million) |
2. | Historic Data | 2015 to 2019 |
3. | Forecast Data | 2021 to 2028 |
4. | Market Drivers, Restraints, Opportunities, & Regional Market Trends | Yes |
5. | Market Attractiveness Analysis | Yes |
6. | Segment Analysis | Maximum Segments |
7. | Regional Coverage | 5 Regions |
8. | Country Coverage | Top 22 Countries |
9. | Competitive Landscape and Company Market Share Analysis | Yes. Exhaustive information will be provided in two separate chapters of Competitive Landscape and Company Profiles. |
10. | Porter’s Five Forces Analysis | Yes. |
11. | Value Chain Analysis | Yes |
12. | PEST Analysis | Yes |
13. | Regulatory Landscape | Yes |
14. | Technology Landscape | Yes |
15. | COVID-19 Impact Analysis | Yes. Exhaustive information for Key Strategies Undertaken by Companies, Impact Assessment of the COVID-19 Pandemic by Region, along with Short-term and Long-term dynamics. |
16. | Top startups to watch out for | Yes |
17. | Top 3 Trends to Watch | Yes |
18. | Top 3 Strategies Followed by Major Players | Yes |
19. | Top 3 Predictions by Vantage Market Research | Yes |
20. | Discussion Guide | Yes |
21. | Key Primary Respondents - VERBATIM | Yes |
22. | Transcripts from the Primary Respondents | Additional Cost USD 1,000 |
23. | Others/Miscellaneous |
FAQ
Frequently Asked Question
What is the global demand for Motor Starters in terms of revenue?
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The global Motor Starters valued at 1856 Million in 2020 and is expected to reach 3460.86 Million in 2028 growing at a CAGR of 8.1%.
Which are the prominent players in the market?
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The prominent players in the market are Allied Motion Technologies, Toshiba, Rockwell Automation, Emerson Electric, ARC Systems, Siemens, Schneider Electric, Danfoss, ABB, Franklin Electric, Huali, TECO-Westinghouse, Fuji Electric, IMO precision Controls..
At what CAGR is the market projected to grow within the forecast period?
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The market is project to grow at a CAGR of 8.1% between 2021 and 2028.
What are the driving factors fueling the growth of the market?
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The driving factors of the Motor Starters include
- The intensifying efforts being taken by vehicle producers to produce advanced technologies such as combined starter generator by the customs and regulations and increasing developments in fuel efficiency is driving the demand for motor starters market in the near future.
- The requirement to reduce power consumption and increase in motor efficiency is expected to fuel the growth of the motor starters market in the years to come.
Which region accounted for the largest share in the market?
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Asia Pacific was the leading regional segment of the Motor Starters in 2020.