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Automatic Motor Starter Market Share

Report ID: GMI11262
Published Date: Sep 2024
Report Format: PDF

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Automatic Motor Starter Market Share

Automatic Motor Starter Market Company Share Analysis, 2023

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.

Automatic Motor Starter Market Companies

The key industry players include:

ABB
C&S Electric Limited
CHINT Group
Crompton Greaves Consumer Electricals Limited
Danfoss
Eaton
Emerson Electric
Fuji Electric FA Components & Systems Co., Ltd.
General Electric
Havells India Ltd.
Honeywell International Inc.
Kalp Controls
L&T Electrical & Automation
LOVATO ELECTRIC
Mitsubishi Electric Corporation
Rockwell Automation
Schneider Electric
Siemens
SKN-BENTEX GROUP
WEG

Authors: Ankit Gupta, Shubham Chaudhary

Frequently Asked Questions (FAQ) :

The industry size for automatic motor starter was valued at USD 4.4 billion in 2023 and is anticipated to register a 4.9% CAGR between 2024 and 2032 driven by increasing industrial automation and the demand for energy-efficient solutions.

The low voltage automatic motor starter industry segment will cross USD 2 billion by 2032 thrusted by the integration of IoT and Industry 4.0 in manufacturing processes.

Asia Pacific market will surpass USD 2.5 billion by 2032 bolstered by the rapid industrialization in line increasing urbanization rate.

ABB, C&S Electric Limited, CHINT Group, Crompton Greaves Consumer Electricals Limited, Danfoss, and Eaton, among others.