Research and Markets: Global Motor Soft Starter Market 2015-2020: Voltage, Rated Power, Application (Pumps, Fans, Compressors & Others) & Industry (Oil & Gas, Water & Wastewater, Power Generation, Mining & Others)
Research and Markets (http://www.researchandmarkets.com/research/btb4l3/motor_soft)
has announced the addition of the "Motor
Soft Starter Market by Voltage, by Rated Power, by Application (Pumps,
Fans, Compressors & Others), by Industry (Oil & Gas, Water & Wastewater,
Power Generation, Mining & Others) and by Region - Global Forecast and
Trends to 2020" report to their offering.
The global motor soft starter market to USD 1,672.4 Million by 2020, at
a CAGR of 6.37% from 2015 to 2020.
One of the key factors contributing to the growth is the increase in
infrastructural development especially in Asia-Pacific region.
Increasing number of power plants in the Asia-Pacific region would
positively contribute to investments in water and wastewater treatment,
and is another driving factor for increase in industrial pumps. The
surge in chemical industry is also a key driver for growth in industrial
pumps market. Asia accounts for half of the global chemical sales in
2010, and it is projected that it would account for 66% percent of
global chemical sales by 2030.
The global motor soft starter market has been primarily segmented on the
basis of Voltage which includes, low and medium voltage soft starters.
Secondly; it has been segmented on the basis of Rated Power into Soft
starters up to 100 kW and soft starters Above 100 kW. The Third type of
segmentation is by application which includes; Pumps, Fans, Compressors
The market has been further segmented on the basis of industry into Oil
& gas, Water & wastewater, Power generation, Mining and others that
constitutes industries such as chemicals & petrochemicals, cement and
Pulp & paper industries. Lastly; the market is segmented based on the
various regional markets into North America, South America, Europe,
Asia-Pacific, and the Middle East & Africa.
Low voltage motor soft starter find more usage as compared to medium
voltage motor soft starter due to large number of low voltage motors
employed in industries such as oil & gas, water & wastewater etc.
Although the Low voltage motor soft starters find more applications in
industry the medium voltage motor soft starters is expected to grow at a
higher growth rate during the forecast period yet the dominance of low
voltage motor soft starters is likely to continue.
Key Topics Covered:
2 Research Methodology
3 Executive Summary
4 Premium Insights
5 Market Overview
6 Industry Trends
7 Motor Soft Starter Market, By Voltage
8 Motor Soft Starter Market, By Rated Power (KW)
9 Motor Soft Starter Market, By Industry
10 Motor Soft Starter Market, By Application
11 Motor Soft Starter Market, By Region
12 Competitive Landscape
13 Company Profiles
- ABB Ltd.
- Danfoss A/S
- Eaton Corporation PLC
- Emerson Electric Co.
- Fairford Electronics Ltd.
- General Electric Company
- Littelfuse Inc.
- Schneider Electric SE
- Siemens AG
- Toshiba International Corporation Pty Ltd.
- WEG SA
For more information visit http://www.researchandmarkets.com/research/btb4l3/motor_soft
View source version on businesswire.com: http://www.businesswire.com/news/home/20150921005761/en/
Copyright Business Wire 2015
Source: Business Wire
(September 21, 2015 - 9:19 AM EDT)
News by QuoteMedia