Motor Protection Market
Motor Protection Market Global Industry Assessment & Forecast
#
Pages:
155
2021
Nov - 2021
VMR-2021-0258
Segments Covered
By
Type Overload Relays, Vacuum Contactors, Combination Starters & Motor Protection Circuit Breaker
-
By
Application Oil & Gas, Water & Wastewater, Infrastructure (Residential & Commercial), Metals & Mining, Food & Beverages, Other Industries
Snapshot
 Forecast
Years:
|
2021 - 2028 |
 Historical
Years:
|
2016 - 2020 |
 Revenue
2021: |
4812.7 Million |
 Revenue 2028:
|
7,274.71 Million |
 Revenue CAGR
(2021 - 2028): |
5.3 |
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
Type
Analysis: Preview On the basis of Type,
the market is segmented into Overload Relays, Vacuum Contactors, Combination Starters & Motor Protection Circuit Breaker. Oxygen Respiratory Air held the highest
share in the global Motor Protection
market and is projected to witness the same trend during the forecast
period. Companies in this
sector are opting to advanced technologies in their supply chain to cater the
end user requirements effectively. Application
Analysis: Preview
Based on Application,
the market is segmented into Oil & Gas, Water & Wastewater, Infrastructure (Residential & Commercial), Metals & Mining, Food & Beverages, Other Industries. Healthcare accounted
for the highest market share and is expected to grow at a significant CAGR from
2021 to 2028.
Global Motor Protection Market: Type Segment Analysis
-
- Overload Relays
- Vacuum Contactors
- Combination Starters & Motor Protection Circuit Breaker
Global Motor Protection Market: Application Segment Analysis
-
- Oil & Gas
- Water & Wastewater
- Infrastructure (Residential & Commercial)
- Metals & Mining
- Food & Beverages
- Other Industries
FAQ
Frequently Asked Question
What is the global demand for Motor Protection in terms of revenue?
-
The global Motor Protection valued at 4812.7 Million in 2020 and is expected to reach 7,274.71 Million in 2028 growing at a CAGR of 5.3%.
Which are the prominent players in the market?
-
The prominent players in the market are Fuji Electric, Toshiba International Corporation, Danfoss, Siemens, Chint Electrics, Eaton Corporation, Schneider Electric, Mitsubishi Electric Corporation, General Electric Company, Larsen & Toubro, ABB Group..
At what CAGR is the market projected to grow within the forecast period?
-
The market is project to grow at a CAGR of 5.3% between 2021 and 2028.
What are the driving factors fueling the growth of the market?
-
The driving factors of the Motor Protection include
- The increasing significance of electric motors in today’s world and growing concern towards its protection is anticipated to augment the growth of the motor protection market over the forecast period.
- The robust growth in HVAC systems across the globe is also expected to propel the growth of the motor protection market in the years to come.
Which region accounted for the largest share in the market?
-
Asia-Pacific was the leading regional segment of the Motor Protection in 2020.
