![Low Voltage Motor Starter Market](/assets/img/reports/cover/Low-Voltage-Motor-Starter-Market.jpeg)
Low Voltage Motor Starter Market
Low Voltage Motor Starter Market Global Industry Assessment & Forecast
Segments Covered
By Type Solid state soft starter, Liquid resistance starter, Other
By Application Oil and gas industry, Mining industry, Power industry, Automotive industry, Other
Snapshot
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2021 - 2028 |
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2016 - 2020 |
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1.7 Billion |
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3.17 Billion |
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6 |
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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 Low Voltage Motor Starter in terms of revenue?
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The global Low Voltage Motor Starter valued at 1.7 Billion in 2020 and is expected to reach 3.17 Billion in 2028 growing at a CAGR of 6%.
Which are the prominent players in the market?
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The prominent players in the market are Emerson, ABB, Siemens, GE, Akron Electric, Schneider Electric, Eaton, Joslyn Clark, Rockwell..
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 6% between 2021 and 2028.
What are the driving factors fueling the growth of the market?
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The driving factors of the Low Voltage Motor Starter include
- The increasing investments in oil & gas and desalination designs is expected to fuel the growth of the low voltage motor starter market in the years to come.
- The increase in use in various industries to control the initial voltage, to protect the motor against heavy inrush currents at the time of motor start is further low voltage motor starter expected to fuel the growth of the 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 Low Voltage Motor Starter in 2020.