Research and Markets has announced the addition of the "World Motor Soft Starter Market - Opportunities and Forecasts, 2014 - 2022" report to their offering.

Motor soft starter is used to minimize the inrush current formed during motor start up thereby enhancing efficiency and prolonging the shelf life of motors. Soft starters have widespread applications across different industries such as oil & gas, mining, and power generation industries. The soft starter helps in controlling motor acceleration thus preventing the damage of the motor in the entire process. This equipment can be installed with pumps, compressors, fans, among other devices to control the flow of current to desired level.

Increasing adoption of motor soft starter in industrial pumps along with growing demand of HVAC control system coupled with cost effectiveness & minimal space requirements are key factors that are responsible for the growth of the market across the globe.

Preference of VFD over motor soft starter due to functional superiority and cost-effectiveness are the factors that hinder the growth of the market. Increasing application of the motors across industries coupled with different fixed speed applications are the factors that are expected to offer abundant growth opportunities to the market. Growing concerns regarding renewable energy is a key market challenge faced by stakeholders and key market players.

The report segments the market on the basis of voltage, application, industry and region. On the basis of voltage the market is segmented into low voltage (up to 0.69 kV) and medium voltage (0.69-5 kV). On the basis of rated power, the market is segmented into up to 100 kW and above 100 kW. On the basis of application, the market is segmented into pumps, fans, compressors and others. On the basis of industry, the market is segmented into oil & gas, water & wastewater, power generation, mining and others

Motor Soft Starter Key Market Segments

Motor Soft Starter Market By Voltage

Low Voltage Motor Soft Starter Market

Medium Voltage Motor Soft Starter Market

Motor Soft Starter Market By Rated Power (KW)

Motor Soft Starter With Rated Power Up to 100 KW

Motor Soft Starter With Rated Power Above 100 KW

Motor Soft Starter Market By Industry

  • Oil & Gas
  • Water & Wastewater
  • Power Generation
  • Mining
  • Other Industries

Motor Soft Starter Market By Application

  • Pumps
  • Fans
  • Compressors
  • Applications

Motor Soft Starter Market By Region

  • North America
  • South America
  • Asia-Pacific
  • Middle East & Africa
  • Europe

Key Company Profiles

  • ABB Ltd.
  • Siemens AG
  • Eaton Corporation PLC
  • Schneider Electric

For more information about this report visit http://www.researchandmarkets.com/research/fcvrfk/world_motor_soft