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Automatic Motor Starter Market size in 2023 was valued at USD 4.4 billion and is estimated to grow at a rate of 4.9% between 2024 and 2032. The industry is experiencing significant growth driven by increasing industrial automation and the demand for energy-efficient solutions. For instance, in the first half of 2024, the Germany real estate investment industry reported a transaction volume of over USD 15 billion.
An automatic motor starter is a crucial component in electrical motor control systems designed to automate the starting, stopping and protection of electric motors. It functions by controlling the power supply to the motor ensuring a smooth start, regulating the current flow and providing protection against conditions including overloads, short circuits, and phase failures. These starters operate without human intervention, using sensors and controllers to detect the motor's operational status and adjust accordingly.
Report Attribute | Details |
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Base Year: | 2023 |
Automatic Motor Starter Market Size in 2023: | USD 4.4 Billion |
Forecast Period: | 2024 to 2032 |
Forecast Period 2024 to 2032 CAGR: | 4.9% |
2032 Value Projection: | USD 6.7 Billion |
Historical Data for: | 2021 - 2023 |
No. of Pages: | 150 |
Tables, Charts & Figures: | 50 |
Segments covered: | Voltage, Application, Phase & Region |
Growth Drivers: |
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Pitfalls & Challenges: |
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Stringent energy efficiency regulations along with the growing emphasis on reducing carbon footprints are pushing industries to adopt starters that minimize power consumption and optimize motor performance, which in turn will fuel the motor starter market. The shift toward smart motor starters that offer remote monitoring, control, and predictive maintenance capabilities is gaining traction, driving the industry potential. Additionally, surging integration of IoT & AI for predictive maintenance and real-time monitoring which in turn will escalate the business outlook.
The low voltage automatic motor starter industry will cross over USD 2 billion by 2032. These starters are essential for managing the power supply to motors, provide benefits including reduced power consumption, enhanced motor protection and extended equipment lifespan. Furthermore, the integration of IoT and Industry 4.0 in manufacturing processes is propelling the adoption of low voltage systems, particularly in industries comprising of oil & gas, water treatment, and HVAC systems.
The single phase automatic motor starter market size will witness growth rate of over 4.5% till 2032. These motor starters are essential for safeguarding single-phase motors from issues including overload, voltage fluctuations and short circuits, enhancing motor lifespan and reducing maintenance costs, driving the industry scenario. Rising adoption of automation in small and medium-sized enterprises coupled with surging infrastructure development, is set to foster the product penetration.
Asia Pacific automatic motor starter market is set to surpass USD 2.5 billion by 2032. Rapid industrialization in line increasing urbanization rate will positively impact the industry landscape. Its ability to enhance operational efficiency, reduce energy consumption and improve safety will make it a favorable option for wide multitude of applications. Ongoing government initiatives promoting energy efficiency coupled with increasing applicability of advanced motor control systems are set to further propel the business growth.
Stringent energy regulations and the push toward sustainability will stimulate the U.S. market. The growing trend of integrating renewable energy sources into industrial processes in line with surging integration of electronic microprocessor-based technologies is set to positively influence the business landscape. Additionally, the increasing demand for centralized control and monitoring of motors in industries along with flourishing commercial sector will drive the industry growth.
CHINT Group is one of the prominent global players in the electrical equipment and automation industry renowned for its comprehensive range of products and solutions. The company offers a diverse portfolio designed to meet various industrial needs. Their motor starters include advanced features for reliable motor protection and efficient control, such as thermal overload relays, contactors, and combination starters. Its motor starters are engineered to enhance performance, durability, and safety in diverse applications, from manufacturing plants to commercial buildings.
The key industry players include:
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Market, By Voltage
Market, By Phase
Market, By Application
The above information has been provided for the following regions and country: