Global Soft Starter Market Analysis, Growth, Trends & Forecast 2018-2023 - ResearchAndMarkets.com

DUBLIN--()--The "Global Soft Starter Market - Growth, Trends, and Forecast (2018 - 2023)" report has been added to ResearchAndMarkets.com's offering.

Soft starter improves the reliability of the equipment, as it starts and stops a motor, gradually. These starters also control the torque of the motor and protect it from sudden surges in electricity and overpressure. Soft starters find application in industries, such as steel, cement, textile, and power industries, among others.

With the requirement of natural resources and construction materials increasing at an unprecedented rate, cement industries have grown in size and the machinery has increased in complexity. With such excesses, the power required to start particular equipment has also increased in the cement industries, all over the world. The requirement has increased drastically, leading to a need for continuous monitoring of the load shedding and evaluation of power supply to every equipment.

Asia-Pacific is likely to emerge as a demand center for soft starters, led by the increase in industrialization in the region's emerging economies. Industries, such as cement, steel, and power, are expected to grow during the forecast period, which is expected to drive the demand for soft starters in the region.

India is the second-largest cement producer in the world. The housing sector accounts for more than 50% of the cement demand. In 2017, the cement industry was estimated to grow by 6-7%, due to the government's focus on infrastructure development. As of September 2017, country's total cement production capacity was around 425 million metric ton. On the back of growing demand from various sectors, such as housing, industrial construction, and commercial construction, the cement industry is expected to reach 550 million metric ton capacity by 2025, and drive the demand for soft starter in the country.

Companies Mentioned

  • Siemens AG
  • Schneider Electric SE
  • Eaton Corporation PLC
  • ABB Ltd
  • Brilltech
  • Toshiba Corp.
  • Solcon Industries.
  • Rockwell Automation Inc.
  • AuCom Electronics Ltd

Key Topics Covered:

1. Executive Summary

2. Research Methodology

3. Market Overview

4. Market Dynamics

5. Supply Chain Analysis

6. Industry Attractiveness - Porter's Five Forces Analysis

7. Market Segmentation and Analysis

8. Regional Market Analysis

9. Key Company Analysis

10. Competitive Landscape

11. Disclaimer

For more information about this report visit https://www.researchandmarkets.com/research/pczvj3/global_soft?w=4

Contacts

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Related Topics: Motors

Contacts

ResearchAndMarkets.com
Laura Wood, Senior Manager
press@researchandmarkets.com
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
Related Topics: Motors