Europe Motor Starter Market
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Europe Motor Starter Market was valued at USD 1.88 billion in 2023 and is likely to grow at a CAGR of over 4.1% from 2024 to 2032. Flourishing construction industry & robust expansion of manufacturing sector will propel the business growth. Furthermore, the increasing trend toward industrial automation will boost the product demand. For instance, in 2023, the UK construction sector anticipates a growth rate of over 10% compared to the preceding year.
A motor starter is an electrical device designed to safely start and stop electric motors. It manages the electrical power supplied to the motor by controlling the voltage and current. Typically, motor starters are composed of several components, including contactors, overload relays, circuit breakers, and control circuits. They offer protection against overloads, short circuits, and other electrical faults, ensuring the safe and efficient operation of electric motors across industrial, commercial, and residential applications.
| Report Attribute | Details |
|---|---|
| Base Year: | 2023 |
| Europe Motor Starter Market size in 2023: | USD 1.88 Billion |
| Forecast Period: | 2024 to 2032 |
| Forecast Period 2023 - 2032 CAGR: | 4.1 |
| 2023 Value Projection: | USD 2.69 Billion |
| Historical Data for: | 2021 to 2023 |
| No of Pages: | 100 |
| Tables, Charts & Figures: | 12 |
| Segments Covered: | Technology, Voltage, Phase, Application & Country |
| Growth Drivers: |
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| Pitfalls Challenges: |
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Increasing adoption of renewable energy sources including wind turbines and solar panels necessitates motor starters to control the operation of motors driving generators and other equipment in renewable energy systems. Furthermore, the growing demand for centralized control and monitoring of motors in industrial settings will drive the product growth. Strict regulations concerning energy consumption and safety standards will positively enhance the business outlook.
The automatic motor starter industry will reach over USD 1.5 billion by 2032. These starters help optimize energy usage by providing precise control over motor operation, contributing to energy conservation efforts and reduced downtime, enhancing their appeal to customers. Increased adoption of smart technologies along with surging need for enhanced energy efficiency will foster the business potential. The industry is further propelled by the growing demand from sectors including manufacturing, oil and gas, and HVAC systems.
The low voltage motor starter market size will witness a growth rate of over 4% through 2032. The increasing need for motor starters with enhanced energy efficiency and lower power consumption is set to propel the industry growth. Additionally, the incorporation of smart technologies including Internet of Things (IoT) and advanced communication protocols will enhance the industry landscape. Increasing demand for energy-efficient solutions coupled with stringent energy regulations and the push toward smart manufacturing will foster the business landscape.
Germany motor starter market is projected to surpass USD 400 million by 2032. The transition towards sustainability coupled with increasing consumer favoritism towards eco-friendly and energy-efficient solutions is poised to amplify the business expansion. The nation is characterized by a high adoption rate of smart motor starters, which offer features including remote monitoring, predictive maintenance, and seamless integration. Furthermore, economic growth, infrastructure advancements, and heightened manufacturing output will bolster the demand for these units.
Increasing consumer inclination toward sustainability coupled with stringent regulatory standards to adopt of eco-friendly solutions will fuel the Netherlands motor starter market. Furthermore, the ongoing upgradation of motor starters will drive maintenance efforts and contribute to the overall growth of the industry. Robust growth across industrial sector and increasing automation across various industries will escalate the business scenario.
CHINT Group is one of the leading Chinese electrical equipment manufacturers that specializes in the production of electrical products, including motor starters. The company offers a wide range of motor starters designed to control and protect electric motors. These motor starters include various types such as direct-on-line starters, star-delta starters, soft starters, and more. Each type serves specific applications and requirements, providing users with options to suit their needs. Additionally, CHINT's motor starters are often designed for easy installation, operation, and maintenance.
Eminent players operating in the Europe motor starter industry include:
Market, By Technology
Market, By Voltage
Market, By Phase
Market, By Application
The above information has been provided for the following countries:
The market size of Europe motor starter was reached USD 1.88 billion in 2023 and will grow at a 4.1% CAGR between 2024 and 2032, driven by increasing industrial automation across various sectors, and stringent energy efficiency regulations driving the demand for advanced motor control systems.
Europe automatic motor starter market size will surpass USD 1.5 billion by 2032, primarily due to its widespread adoption across various industries, including manufacturing, automotive, and construction, for its convenience and efficiency.
Germany motor starter industry size will exceed USD 400 million by 2032, propelled by the robust manufacturing sector and emphasis on industrial automation.
Some of the leading companies operating in the Europe motor starter industry are ABB, C&S Electric Limited, Danfoss, DENSO, Eaton, Emerson Electric, General Electric, Kalp Controls, L&T Electrical & Automation, Mitsubishi Electric Corporation, Rockwell Automation, Remy Automotive, Schneider Electric, and Siemens, among others.