Motor Starter Market Size - By Technology (Manual, Automatic), By Voltage (Low, Medium, High), By Phase (Single Phase, Three Phase), By Application (Residential, Commercial, Industrial) & Forecast, 2024 – 2032

Motor Starter Market Size

Motor Starter Market was valued at USD 7.3 billion in 2023 and is anticipated to depict 4.9% CAGR from 2024 to 2032. Driven by the increasing adoption of industrial automation. As industries automate their processes, the demand for efficient motor control and protection devices, favoring the business scenario.
 

Growing focus toward sustainability and energy efficiency will positively sway the business growth. The shift toward intelligent motor starters equipped with advanced features including remote monitoring, diagnostics, and smart control capabilities will fuel the product penetration. These features enhance efficiency, reduce downtime, and contribute to predictive maintenance strategies, accelerating the industry growth.
 

COVID– 19 Impact

The COVID-19 pandemic has had a notable impact on the motor starter market, with the extent and nature of this influence being shaped by various factors, including the duration of the pandemic, the geographic location of companies, and specific market segments. Despite these challenges, the industry has experienced growth due to the increasing prevalence of remote work and the ongoing deployment of advanced electrical equipment.
 

Motor Starter Market Trends

The increasing trend towards industrial automation was driving the demand for motor starters that could seamlessly integrate into automated systems. Compliance with environmental regulations and industry standards played a crucial role in shaping the business outlook. The manufacturers were focusing on developing products that met or exceeded these standards, which in turn will offer significant opportunities for business expansion.
 

Motor Starter Market Analysis

Based on phase, three phase motor starter segment size will witness 5% growth rate through 2032. The demand for these motor starters is influenced by the increasing use of these motors in commercial sector and small scale industries. The integration of electronic controls and microprocessor-based technologies will further drive the product penetration.
 

Based on technology, the automatic motor starter segment captured around 60% of the market share in 2023. Paradigm shift toward sustainability coupled with increasing consumer inclination toward the deployment eco-friendly and energy-efficient solutions will escalate the business growth. Economic growth, infrastructure development, and manufacturing output are among the factors driving the demand for these devices.
 

Based on voltage, the low voltage motor starter market is set to surpass USD 3.5 billion by 2032. Growing demand for motor starters that offer higher energy efficiency and reduced power consumption, will foster the industry potential. The integration of smart technologies including Internet of Things (IoT) and advanced communication protocols, will further augment the industry landscape.
 

Based on application, the industrial motor starter industry was witnessing global expansion, with manufacturers targeting emerging markets and establishing a presence in regions experiencing industrial growth. This globalization has led to increased competition and a diversity of offerings, stimulating the industry dynamic.
 

 

• The Asia Pacific motor starter market was worth USD 3 billion in 2023. Rapid industrialization in line with robust development of manufacturing facilities will foster the business outlook.
   
• Surging trend toward integrating renewable energy sources into industrial processes will positively impact the industry landscape. Increasing demand for centralized control and monitoring of motors in industrial settings will propel the industry growth.
   

Motor Starter Market Share

The major corporations are prioritizing marketing strategies, technological advancements, brand recognition, and economies of scale as key elements to confront the competition in the industry.
 

Siemens is a global conglomerate with a broad portfolio of products and services, including industrial automation and control systems. The company offers a range of products such as contactors, motor protection relays, soft starters, and motor control centers. Their products are widely used in various industries, including manufacturing, utilities, and infrastructure.
 

Motor Starter Market Companies

Major companies operating in the motor starter industry include:

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

Motor Starter Industry News

• In April 2023, ABB introduced soft starters range including ABB’s PSTX, PSE and PSR. These products These motor starters are renowned for their reliability and field-tested performance. These soft starters are equipped with advanced built-in motor protection features, guaranteeing the safety of your installation. Additionally, they are user-friendly and installation-friendly, significantly reducing assembly and start-up time. Consolidating essential components, from bypass contactors to overload protection, into a single unit, these Soft Starters provide a compact, comprehensive, and cost-effective solution for motor starting needs.
   
• The motor starters need to comply with safety standards to ensure the protection of users and equipment. These standards often specify requirements for electrical insulation, protection against electric shock, and other safety features. The compliance with these regulations helps minimize the environmental impact of manufacturing, use, and disposal of electronic devices.
   

This market research report on motor starter includes in-depth coverage of the industry with estimates & forecast in terms of “Units” & “USD” from 2019 to 2032, for the following segments:

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Market, By Technology

• Manual
• Automatic

Market, By Voltage

• Low
• Medium
• High

Market, By Phase

• Single Phase
• Three Phase

Market, By Application

• Residential
• Commercial
• Industrial

The above information has been provided for the following regions and country:

• North America
  • U.S.
  • Canada
  • Mexico 
• Europe
  • Germany
  • France
  • Russia
  • UK
  • Italy
  • Spain
  • Netherlands
  • Austria
• Asia Pacific
  • China
  • Japan
  • South Korea
  • India
  • Australia
  • New Zealand
  • Malaysia
  • Indonesia
• Middle East & Africa
  • Saudi Arabia
  • UAE
  • Qatar
  • Egypt
  • South Africa
  • Nigeria
  • Kuwait
  • Oman
• Latin America
  • Brazil
  • Peru
  • Argentina