Motor Soft Starter

Motor Soft Starter Market by Voltage Range (2.3 KV to 13.8 KV, Above 13.8 KV, Below 2.3 KV), Rated Power (Above 100 kW, Upto 100 KW), Application, Vertical - Global Forecast 2024-2030

360iResearch Analyst
SPEAK TO ANALYST? OR FACE-TO-FACE MEETING?
Want to know more about the motor soft starter market or any specific requirement? Ketan helps you find what you're looking for.
DOWNLOAD A FREE PDF
This free PDF includes market data points, ranging from trend analysis to market estimates & forecasts. See for yourself.

[193 Pages Report] The Motor Soft Starter Market size was estimated at USD 2.35 billion in 2023 and expected to reach USD 2.49 billion in 2024, at a CAGR 6.42% to reach USD 3.64 billion by 2030.

Motor Soft Starter Market
To learn more about this report, request a free PDF copy

A motor soft starter is an electronic device that gradually increases the voltage of an electric motor, allowing it to start smoothly and reduce mechanical and electrical stress during the startup phase. A soft starter avoids the abrupt impact of direct-on-line starting by controlling the acceleration of the motor, which can result in high currents and torque. Rising demand for industrial pumps with increasing refineries worldwide and growing investments in water and wastewater treatment projects attributed to motor soft starter market growth. The increasing trend toward industrial automation supports enhancements in smart connectivity features, fueling market growth. The high cost of designing and manufacturing motor soft starters and compatibility issues with the motor soft starter need ongoing support and maintenance, which is restricting the market growth. Furthermore, growing advancements in motor soft starters allow for smart and predictive maintenance of soft starters, and the rising integration of motor soft starters in renewable energy systems is creating growth opportunities in the market.

Regional Insights

The motor soft starter market in the Americas is experiencing growth due to the significant adoption of advanced motor control technologies across various industries, including manufacturing, HVAC, and water & wastewater treatment. The United States is a major country in the region's motor soft starter market, propelled by stringent energy consumption regulations and increased emphasis on industrial automation. Energy efficiency initiatives, such as the NEMA Premium Efficiency Motors program also contribute to the growth of the soft starter market in the region. The Asia-Pacific region is experiencing a high-growth motor soft starter market, primarily driven by rapid industrialization and infrastructure development, especially in China, India, and Southeast Asia. The region benefits from local manufacturers offering cost-effective soft starters, which are becoming increasingly popular due to the rising energy costs and focus on energy conservation in these nations. In the EMEA region, Europe stands out as a mature market for motor soft starters due to established industries and high awareness about energy efficiency. The European market is supported by stringent EU regulations emphasizing energy-efficient machinery and industrial solutions. The Middle East shows potential for growth in line with the region's efforts to diversify economies and develop their manufacturing sectors.

Voltage Range: Significant preference for motor soft starters within the 2.3 KV to 13.8 KV voltage range for robust performance and durability across industries

Motor soft starters within the 2.3 KV to 13.8 KV voltage range are typically used in medium voltage applications. These are common in heavy industries such as mining, cement, power generation, and water treatment plants, where high-powered motors are essential. The market caters to specialized high-voltage motors for applications requiring voltage ranges above 13.8 KV. These are less common and serve specific industries such as large pumping stations, fans in power stations, and certain types of compressors. The below 2.3 KV segment of motor soft starters is widely used in a variety of low-voltage applications ranging from small machinery to HVAC systems in commercial buildings. These starters are the most common and are characterized by their ease of use, affordability, and wide availability. Comparatively, motor soft starters across these voltage ranges serve distinct market needs. Medium voltage ranging from 2.3 KV to 13.8 KV starters balance performance and accessibility, suitable for industries with large motor applications. High voltage (Above 13.8 KV) soft starters cater to a niche market with specific high-capacity requirements. Meanwhile, low voltage with below 2.3 KV starters dominates in volume due to their widespread use in numerous industries and their approachability for SMEs.

Rated Power: Significant adoption of soft starters designated for motors above 100 kW

Soft starters designated for motors above 100 kW are utilized for heavy-duty industrial applications requiring a gradual voltage increase to reduce the mechanical stress and inrush current at startup. They are often deployed in mining, oil & gas, water & wastewater treatment, and applications such as pumps, fans, and conveyors. Soft starters rated up to 100 kW are used in commercial and light-industrial settings. Suitable for various applications, from HVAC systems to smaller pumps and compressors, these starters facilitate a gentle power ramp-up, thus limiting the impact on electrical systems and protecting against overloads. Compared to starters rated up to 100 kW, the above 100 kW starters are more robust and include features, such as enhanced thermal management, more refined control, and customizable start and stop profiles tailored for high inertia loads. Compared to the above 100 kW starters, these lower-powered starters are more affordable, compact, and easier to install.

Application: Rising application of motor soft starters in compressors and pumps to benefit from the reduction in pressure surges

Compressors are commonly used in various industries, including refrigeration, air conditioning, and manufacturing. The application of motor soft starters in compressors helps in reducing the inrush current, leading to less electrical stress and prolonging the lifespan of compressors. They allow smooth ramp-up to full speed, preventing pressure surges and potential damage. The movement of conveyor belts is critical in the mining, material handling, and packaging industries. Motor soft starters ensure a gradual acceleration, which minimizes the risk of belt slippage, reduces mechanical tension and extends the life of the belt and motors. Fans, especially in HVAC systems and industrial processes, require careful control to manage airflow efficiently. Motor soft starters in fans help control the speed and minimize the noise of sudden starts. In the context of pumps, motor soft starters are crucial for preventing water hammer and stress on pipelines and fittings. They facilitate energy savings and extend the longevity of pump systems. In examining the application of motor soft starters across the sectors above, it is evident that while the fundamental benefit of reducing inrush current and mechanical stress is universal, the specific advantages and implementation vary by sector. Compressors and pumps benefit from reduced pressure surges, whereas conveyor belts and fans benefit from improved speed control and reduced mechanical tension.

Vertical: Increasing usage of explosion-proof and corrosion-resistant in the In the oil and gas sector

The mining industry commonly uses motor soft starters to control the startup sequence of heavy machinery, thereby reducing electrical stress and enhancing the lifespan of motors. This sector requires robust and reliable equipment capable of withstanding harsh environments while providing energy-efficient operation. Motor soft starters aid in minimizing wear and tear on mechanical components and limit inrush current. In the oil & gas sector, the reliability and safety of starting mechanisms are crucial to prevent unforeseen downtime and ensure continuous operation. Equipment used in exploration and processing applications benefits from motor soft starters to manage mechanical stresses and conserve energy during start sequences. Motor soft starters in power generation are employed to lessen the effect on the electrical grid during the startup of generators and auxiliary equipment, leading to a more stable power supply and reduced risk of power outages. Starters in power generation require precise control to synchronize efficiently with the grid. Motor soft starters in the water and wastewater industry are vital for the starting and stopping of pumps and blowers, ensuring efficient and reliable water treatment processes. They contribute to reducing hydraulic shock, also known as water hammer, which can cause notable damage to piping systems. In comparing the listed verticals, the mining and oil & gas sectors have the most stringent requirements for durability and safety, given the potential for explosive atmospheres and extreme environmental conditions. Power generation prioritizes grid stability and synchronization and water & wastewater look for features that prevent hydraulic shocks and ensure infrastructure longevity.

Market Dynamics

The market dynamics represent an ever-changing landscape of the Motor Soft Starter Market by providing actionable insights into factors, including supply and demand levels. Accounting for these factors helps design strategies, make investments, and formulate developments to capitalize on future opportunities. In addition, these factors assist in avoiding potential pitfalls related to political, geographical, technical, social, and economic conditions, highlighting consumer behaviors and influencing manufacturing costs and purchasing decisions.

Market Disruption Analysis

The market disruption analysis delves into the core elements associated with market-influencing changes, including breakthrough technological advancements that introduce novel features, integration capabilities, regulatory shifts that could drive or restrain market growth, and the emergence of innovative market players challenging traditional paradigms. This analysis facilitates a competitive advantage by preparing players in the Motor Soft Starter Market to pre-emptively adapt to these market-influencing changes, enhances risk management by early identification of threats, informs calculated investment decisions, and drives innovation toward areas with the highest demand in the Motor Soft Starter Market.

Porter’s Five Forces Analysis

The porter's five forces analysis offers a simple and powerful tool for understanding, identifying, and analyzing the position, situation, and power of the businesses in the Motor Soft Starter Market. This model is helpful for companies to understand the strength of their current competitive position and the position they are considering repositioning into. With a clear understanding of where power lies, businesses can take advantage of a situation of strength, improve weaknesses, and avoid taking wrong steps. The tool identifies whether new products, services, or companies have the potential to be profitable. In addition, it can be very informative when used to understand the balance of power in exceptional use cases.

Value Chain & Critical Path Analysis

The value chain of the Motor Soft Starter Market encompasses all intermediate value addition activities, including raw materials used, product inception, and final delivery, aiding in identifying competitive advantages and improvement areas. Critical path analysis of the <> market identifies task sequences crucial for timely project completion, aiding resource allocation and bottleneck identification. Value chain and critical path analysis methods optimize efficiency, improve quality, enhance competitiveness, and increase profitability. Value chain analysis targets production inefficiencies, and critical path analysis ensures project timeliness. These analyses facilitate businesses in making informed decisions, responding to market demands swiftly, and achieving sustainable growth by optimizing operations and maximizing resource utilization.

Pricing Analysis

The pricing analysis comprehensively evaluates how a product or service is priced within the Motor Soft Starter Market. This evaluation encompasses various factors that impact the price of a product, including production costs, competition, demand, customer value perception, and changing margins. An essential aspect of this analysis is understanding price elasticity, which measures how sensitive the market for a product is to its price change. It provides insight into competitive pricing strategies, enabling businesses to position their products advantageously in the Motor Soft Starter Market.

Technology Analysis

The technology analysis involves evaluating the current and emerging technologies relevant to a specific industry or market. This analysis includes breakthrough trends across the value chain that directly define the future course of long-term profitability and overall advancement in the Motor Soft Starter Market.

Patent Analysis

The patent analysis involves evaluating patent filing trends, assessing patent ownership, analyzing the legal status and compliance, and collecting competitive intelligence from patents within the Motor Soft Starter Market and its parent industry. Analyzing the ownership of patents, assessing their legal status, and interpreting the patents to gather insights into competitors' technology strategies assist businesses in strategizing and optimizing product positioning and investment decisions.

Trade Analysis

The trade analysis of the Motor Soft Starter Market explores the complex interplay of import and export activities, emphasizing the critical role played by key trading nations. This analysis identifies geographical discrepancies in trade flows, offering a deep insight into regional disparities to identify geographic areas suitable for market expansion. A detailed analysis of the regulatory landscape focuses on tariffs, taxes, and customs procedures that significantly determine international trade flows. This analysis is crucial for understanding the overarching legal framework that businesses must navigate.

Regulatory Framework Analysis

The regulatory framework analysis for the Motor Soft Starter Market is essential for ensuring legal compliance, managing risks, shaping business strategies, fostering innovation, protecting consumers, accessing markets, maintaining reputation, and managing stakeholder relations. Regulatory frameworks shape business strategies and expansion initiatives, guiding informed decision-making processes. Furthermore, this analysis uncovers avenues for innovation within existing regulations or by advocating for regulatory changes to foster innovation.

FPNV Positioning Matrix

The FPNV positioning matrix is essential in evaluating the market positioning of the vendors in the Motor Soft Starter Market. This matrix offers a comprehensive assessment of vendors, examining critical metrics related to business strategy and product satisfaction. This in-depth assessment empowers users to make well-informed decisions aligned with their requirements. Based on the evaluation, the vendors are then categorized into four distinct quadrants representing varying levels of success, namely Forefront (F), Pathfinder (P), Niche (N), or Vital (V).

Market Share Analysis

The market share analysis is a comprehensive tool that provides an insightful and in-depth assessment of the current state of vendors in the Motor Soft Starter Market. By meticulously comparing and analyzing vendor contributions, companies are offered a greater understanding of their performance and the challenges they face when competing for market share. These contributions include overall revenue, customer base, and other vital metrics. Additionally, this analysis provides valuable insights into the competitive nature of the sector, including factors such as accumulation, fragmentation dominance, and amalgamation traits observed over the base year period studied. With these illustrative details, vendors can make more informed decisions and devise effective strategies to gain a competitive edge in the market.

Recent Developments
  • Shakti Pumps India Receives 5th Patent

    Shakti Pumps (India) Limited, a pumps and motors manufacturer, was granted a patent by the Indian Patent Office for their innovation 'Ada conversion based contractor less soft starter.' This proprietary technology, meticulously in line with the 1970 Patents Act, fortifies Shakti Pumps' intellectual property portfolio, marking it as their 5th patent aimed at enhancing better product commercialization. [Published On: 2023-10-19]

  • Digistart D4-D5, The New Generation of Electronic Controllers for Fixed Speed Applications

    Nidec upgraded its Leroy-Somer Digistart soft starter portfolio with the introduction of the D4 and D5 series, presenting enhancements tailored for static-speed apparatus. These innovations highlight the amalgamation of advanced control technologies and onboard intelligence, streamlining both machine precision on start/stop and performance while concurrently driving down energy expenditure. [Published On: 2023-06-26]

  • Siemens Presents EUR 2 Billion Investment Strategy to Boost Future Growth, Innovation and Resilience

    In a move to fuel growth, spur innovation, and enhance resilience within the digitalization, automation, and sustainability sectors, Siemens AG has unveiled a comprehensive EUR 2 billion investment plan. This strategic infusion aims to bolster manufacturing capacities, establish modern innovation labs, and develop educational institutions across various locations. Notably, Siemens is responding to the Southeast Asian market surge with a new state-of-the-art factory in Singapore, complemented by an expansion of its digital factory in Chengdu to cater to the Chinese market's rising demand. These initiatives are poised to generate employment and integrate cutting-edge technologies such as digital twins and smart manufacturing solutions. [Published On: 2023-06-15]

Strategy Analysis & Recommendation

The strategic analysis is essential for organizations seeking a solid foothold in the global marketplace. Companies are better positioned to make informed decisions that align with their long-term aspirations by thoroughly evaluating their current standing in the Motor Soft Starter Market. This critical assessment involves a thorough analysis of the organization’s resources, capabilities, and overall performance to identify its core strengths and areas for improvement.

Key Company Profiles

The report delves into recent significant developments in the Motor Soft Starter Market, highlighting leading vendors and their innovative profiles. These include ABB Ltd., Amtech Electronics India Limited, Benshaw Inc., Carlo Gavazzi Holding AG, CG Power And Industrial Solutions Limited, CHINT Group Co., Ltd., Crompton Greaves Consumer Electricals Limited, Danfoss A/S, Eaton Corporation PLC, Eltech Engineering, Emerson Electric Co., Hitachi, Ltd., ICM Controls, JT Engineering Solutions, Larsen & Toubro Limited, Lecon Energetics Pvt. Ltd., Libratherm Instruments Pvt. Ltd., Littelfuse, Inc., LOVATO Electric S.p.A., LS ELECTRIC CO., LTD., Mitsubishi Electric Corporation, Motortronics, Nidec Corporation, NOLTA GmbH, Param Controls, Rockwell Automation, Inc., Schneider Electric SE, Shakti Pumps (India) Limited, Shenzhen Gozuk Co., Limited, Shenzhen Inomax Technology Co.Ltd, Shenzhen Powtech Co., Ltd., Shenzhen Sinovo Electric Technologies Co., Ltd., Siemens AG, Solcon-IGEL Group, Sprecher + Schuh, TECO Electric & Machinery Co., Ltd., Toshiba Corporation, WEG S.A., Xcellent Enterprise, and Xi'an Xichi Electric Co., Ltd..

Motor Soft Starter Market - Global Forecast 2024-2030
To learn more about this report, request a free PDF copy
Market Segmentation & Coverage

This research report categorizes the Motor Soft Starter Market to forecast the revenues and analyze trends in each of the following sub-markets:

  • Voltage Range
    • 2.3 KV to 13.8 KV
    • Above 13.8 KV
    • Below 2.3 KV
  • Rated Power
    • Above 100 kW
    • Upto 100 KW
  • Application
    • Compressor
    • Conveyor Belt
    • Fan
    • Pump
  • Vertical
    • Mining
    • Oil & Gas
    • Power Generation
    • Water & Wastewater

  • Region
    • Americas
      • Argentina
      • Brazil
      • Canada
      • Mexico
      • United States
        • California
        • Florida
        • Illinois
        • New York
        • Ohio
        • Pennsylvania
        • Texas
    • Asia-Pacific
      • Australia
      • China
      • India
      • Indonesia
      • Japan
      • Malaysia
      • Philippines
      • Singapore
      • South Korea
      • Taiwan
      • Thailand
      • Vietnam
    • Europe, Middle East & Africa
      • Denmark
      • Egypt
      • Finland
      • France
      • Germany
      • Israel
      • Italy
      • Netherlands
      • Nigeria
      • Norway
      • Poland
      • Qatar
      • Russia
      • Saudi Arabia
      • South Africa
      • Spain
      • Sweden
      • Switzerland
      • Turkey
      • United Arab Emirates
      • United Kingdom

This research report offers invaluable insights into various crucial aspects of the Motor Soft Starter Market:

  1. Market Penetration: This section thoroughly overviews the current market landscape, incorporating detailed data from key industry players.
  2. Market Development: The report examines potential growth prospects in emerging markets and assesses expansion opportunities in mature segments.
  3. Market Diversification: This includes detailed information on recent product launches, untapped geographic regions, recent industry developments, and strategic investments.
  4. Competitive Assessment & Intelligence: An in-depth analysis of the competitive landscape is conducted, covering market share, strategic approaches, product range, certifications, regulatory approvals, patent analysis, technology developments, and advancements in the manufacturing capabilities of leading market players.
  5. Product Development & Innovation: This section offers insights into upcoming technologies, research and development efforts, and notable advancements in product innovation.

Additionally, the report addresses key questions to assist stakeholders in making informed decisions:

  1. What is the current market size and projected growth?
  2. Which products, segments, applications, and regions offer promising investment opportunities?
  3. What are the prevailing technology trends and regulatory frameworks?
  4. What is the market share and positioning of the leading vendors?
  5. What revenue sources and strategic opportunities do vendors in the market consider when deciding to enter or exit?

Table of Contents
  1. Preface
  2. Research Methodology
  3. Executive Summary
  4. Market Overview
  5. Market Insights
  6. Motor Soft Starter Market, by Voltage Range
  7. Motor Soft Starter Market, by Rated Power
  8. Motor Soft Starter Market, by Application
  9. Motor Soft Starter Market, by Vertical
  10. Americas Motor Soft Starter Market
  11. Asia-Pacific Motor Soft Starter Market
  12. Europe, Middle East & Africa Motor Soft Starter Market
  13. Competitive Landscape
  14. Competitive Portfolio
  15. List of Figures [Total: 24]
  16. List of Tables [Total: 378]
  17. List of Companies Mentioned [Total: 40]
Empowering Industrial Efficiency with the Evolution of Motor Soft Starters
March 14, 2024
INSIGHT
Empowering Industrial Efficiency with the Evolution of Motor Soft Starters
Motor soft starters represent a paradigm shift in motor control, offering a more intelligent, efficient, and sustainable alternative to extend the lifespan and also reduce energy consumption of the motor.

In today's fast-paced industrial landscape, efficiency, reliability, and sustainability are key priorities for businesses seeking to optimize their operations. At the heart of many industrial processes lies the humble yet indispensable electric motor, powering everything from pumps and fans to conveyors and compressors. However, the abrupt starting of motors can lead to significant mechanical stress, voltage fluctuations, and energy wastage. Enter motor soft starters, a sophisticated solution that is transforming the way motors are controlled, ensuring smoother starts, reduced wear and tear, and improved energy efficiency.

As industries embrace digitalization and automation, new innovations are emerging in the field of motor soft starters. Advanced features such as built-in diagnostics, communication capabilities, and predictive maintenance algorithms are becoming standard, enabling real-time monitoring and optimization of motor performance. Recently, in November 2023, ower Electronics S.L. inctroduced new Low Voltage Motor Soft Starter to provide optimized performance, precise energy control, and extended equipment life cycle, addressing the key demands of the industrial sector.

Integrated with Industrial Internet of Things (IIoT) platforms, motor soft starters provide valuable insights into motor health, energy consumption, and process efficiency, empowering businesses to make data-driven decisions and preemptively address potential issues before they escalate.

With their widespread applications, ongoing innovations, and integration with digital technologies, motor soft starters are poised to play a pivotal role in shaping the future of industrial automation and driving towards a more energy-efficient and resilient industrial ecosystem.

Frequently Asked Questions
  1. How big is the Motor Soft Starter Market?
    Ans. The Global Motor Soft Starter Market size was estimated at USD 2.35 billion in 2023 and expected to reach USD 2.49 billion in 2024.
  2. What is the Motor Soft Starter Market growth?
    Ans. The Global Motor Soft Starter Market to grow USD 3.64 billion by 2030, at a CAGR of 6.42%
  3. When do I get the report?
    Ans. Most reports are fulfilled immediately. In some cases, it could take up to 2 business days.
  4. In what format does this report get delivered to me?
    Ans. We will send you an email with login credentials to access the report. You will also be able to download the pdf and excel.
  5. How long has 360iResearch been around?
    Ans. We are approaching our 7th anniversary in 2024!
  6. What if I have a question about your reports?
    Ans. Call us, email us, or chat with us! We encourage your questions and feedback. We have a research concierge team available and included in every purchase to help our customers find the research they need-when they need it.
  7. Can I share this report with my team?
    Ans. Absolutely yes, with the purchase of additional user licenses.
  8. Can I use your research in my presentation?
    Ans. Absolutely yes, so long as the 360iResearch cited correctly.