Global Soft Starter Market Size, Share, Opportunities, And Trends By Voltage (Low, Medium), By End-Users (Oil And Gas, Food And Beverage, Textile Industry, Energy And Power, Others), And By Geography - Forecasts From 2025 To 2030

Soft Starter Market Size:

The global soft starter market is expected to grow from USD 2.230 billion in 2025 to USD 2.924 billion in 2030, at a CAGR of 5.57%.

The extensive product use across several industrial verticals as a result of the rising demand for electric motors and industrial pumps is one of the main factors propelling the soft starter market's expansion. Further, the expansion of the construction industry has increased the use of soft starters in HVAC (heating, ventilation, and air conditioning) applications, which is fueling market expansion. This is further backed up by the expanding product market in data centers, which helps to lower the inrush current needed to run the systems.

Soft Starter Market Growth Drivers:

• Multiple Associated Advantages

The development of soft starters in compact, adaptable, and modular designs has been made possible by the extensive integration of various digital solutions. These designs offer advanced features and functions to customers and suppliers, such as improved protection and superior interaction capabilities, increased efficiency, and decreased downtime. In turn, this is driving up the product's overall global sales. several encouraging initiatives being made by the governments of various nations to invest in wastewater projects, where the soft starter is used in pumps and coolers to assure access to clean water, is functioning as an additional growth-inducing aspect.

• Increasing Demand by Oil&Gas Industry

Soft starter technology used in the oil and gas industry delivers significant benefits to electrical components by minimizing mechanical stress on the motor and shaft, hence increasing the whole system's lifespan. For instance, the International Energy Agency (IEA) projects that the demand for natural gas will increase significantly over the coming years, with extra consumption of 370 billion cubic meters (bcm) by 2022, up from 3,630 bcm in 2016, indicating an increase of 1.6% annually. The substantial investment in the oil and gas industry is expected to increase demand for soft starters and propel market expansion. For instance, as per the International Energy Forum, the oil and gas upstream investment rose by 39% to $499 billion in 2022, the biggest spike since 2014 and the largest year-over-year increase in history.

• Expanding Mining and Quarrying Sector

According to estimates from the Office for National Statistics, UK, there is significant growth in the gross value addition for the mining & quarrying sector in the UK excluding the oil & gas sector. It has increased up to 2.8 Euro Billion in 2022 from around 2.1 Euro billion in the year 2020. This indicated favorable prospects for the market till the forecast period with greater applications across Mining, Energy & Power, and Oil & gas sectors among others. The quarrying & mining turnover will witness an upward trend with greater mining operations in different parts of the UK & neighboring countries such as France, Germany, and Italy among others.

Soft Starter Market Geographical Outlook:

• Europe is Expected to Grow Significantly

The bolstering growth for the soft starters market is due to the widespread usage of motor soft starters in various Industries such as mining, oil & gas, and power generation among others.  The increasing demand is due to the large number of foreign manufacturers in the country bringing innovative products that are expected to boost market growth. For instance- In 2021, Motortronics UK, one of the key players in the UK market announced its launch of innovative motor control & protection solutions. It includes the launch of VMX-synergy Plus in early 2022 having a unique combination of additional product features, and sizes to enhance performance for end users with its soft starter designs.

Soft Starter Market Major Player:

• Schneider Electronics provides a varied portfolio of soft starters that are designed to suit commercial as well as industrial applications. The company aims to promote “Next-Generation Automation” via its soft-starters and thus focuses on product innovations and launches to improve its market name.

Segmentation:

• By Voltage
  • Low
  • Medium
• By End-Users
  • Oil and Gas
  • Food and Beverage
  • Textile Industry
  • Energy and Power
  • Others
• By Geography
  • North America
    • USA
    • Canada
    • Mexico
  • South America
    • Brazil
    • Argentina
    • Others
  • Europe
    • UK
    • Germany
    • France
    • Italy
    • Others
  • Middle East and Africa
    • Saudi Arabia
    • UAE
    • Others
  • Asia Pacific
    • China
    • India
    • Japan
    • South Korea
    • Indonesia
    • Taiwan
    • Thailand
    • Others

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1. INTRODUCTION

1.1. Market Overview

1.2. Market Definition

1.3. Scope of the Study

1.4. Market Segmentation

1.5. Currency

1.6. Assumptions

1.7. Base, and Forecast Years Timeline

2. RESEARCH METHODOLOGY  

2.1. Research Data

2.2. Sources

2.3. Research Design

3. EXECUTIVE SUMMARY

3.1. Research Highlights

4. MARKET DYNAMICS

4.1. Market Drivers

4.2. Market Restraints

4.3. Porter’s Five Forces Analysis

4.3.1. Bargaining Power of Suppliers

4.3.2. Bargaining Power of Buyers

4.3.3. Threat of New Entrants

4.3.4. Threat of Substitutes

4.3.5. Competitive Rivalry in the Industry

4.4. Industry Value Chain Analysis

5. GLOBAL SOFT STARTER MARKET ANALYSIS, BY VOLTAGE

5.1. Introduction

5.2. Low

5.3. Medium

6. GLOBAL SOFT STARTER MARKET ANALYSIS, BY END-USERS

6.1. Introduction

6.2. Oil and Gas

6.3. Food and Beverage

6.4. Textile Industry

6.5. Energy and Power

6.6. Others

7. GLOBAL SOFT STARTER MARKET ANALYSIS, BY GEOGRAPHY

7.1. Introduction

7.2. North America

7.2.1. By Voltage

7.2.2. By End-Users

7.2.3. By Country

7.2.3.1. USA

7.2.3.2. Canada

7.2.3.3. Mexico

7.3. South America

7.3.1. By Voltage

7.3.2. By End-Users

7.3.3. By Country

7.3.3.1. Brazil

7.3.3.2. Argentina

7.3.3.3. Others

7.4. Europe

7.4.1. By Voltage

7.4.2. By End-Users

7.4.3. By Country

7.4.3.1. UK

7.4.3.2. Germany

7.4.3.3. France

7.4.3.4. Italy

7.4.3.5. Others

7.5. Middle East and Africa

7.5.1. By Voltage

7.5.2. By End-Users

7.5.3. By Country

7.5.3.1. Saudi Arabia

7.5.3.2. UAE

7.5.3.3. Others

7.6. Asia Pacific

7.6.1. By Voltage

7.6.2. By End-Users

7.6.3. By Country

7.6.3.1. China

7.6.3.2. India

7.6.3.3. Japan

7.6.3.4. South Korea

7.6.3.5. Indonesia

7.6.3.6. Taiwan

7.6.3.7. Thailand

7.6.3.8. Others

8. COMPETITIVE ENVIRONMENT AND ANALYSIS

8.1. Major Players and Strategy Analysis

8.2. Market Share Analysis

8.3. Mergers, Acquisitions, Agreements, and Collaborations

8.4. Vendor Competitiveness Matrix

9. COMPANY PROFILES

9.1. Schneider Electric

9.2. Siemens

9.3. WEG Singapore PTE Ltd.

9.4. ABB

9.5. Sumitomo Heavy Industries, Ltd (Invertek Drives)

9.6. Rockwell Automation

9.7. Wolong Electric Group Co. Ltd.

9.8. Motortronics

9.9. Danfoss (Eaton)

Schneider Electric

Siemens

WEG Singapore PTE Ltd.

ABB

Sumitomo Heavy Industries, Ltd (Invertek Drives)

Rockwell Automation

Wolong Electric Group Co. Ltd.

Motortronics

Danfoss (Eaton)