Three Phase Automatic Motor Starter Market Size – By Voltage, By Application, Analysis, Share, Growth Forecast, 2024 – 2032

Three Phase Automatic Motor Starter Market Size

The global three phase automatic motor starter market was valued at USD 2.1 billion in 2023 and is estimated to grow at a CAGR of 5.1% from 2024 to 2032. Rising concerns over energy consumption and growing demand for enhanced efficiency devices will drive the industry dynamics. The shift toward compact, reliable and user-friendly designs combined with the expansion of urban areas in emerging economies will proliferate the adoption of these units.
 

A three-phase automatic motor starter is a device used to control the starting and stopping of three-phase electric motors. It automates the process of managing motor operation, providing protection against overloads, short circuits, and phase imbalances. In addition, growing integration of smart automation and IoT systems, enabling remote monitoring & control of motor performance, is driving the adoption of motor starter in commercial and residential settings.
 

Three Phase Automatic Motor Starter Market Trends

The industry is poised for growth owing to rapid urbanization, infrastructure development, and a strong focus on energy efficiency and automation. Increasing utilization of these motors in residential applications including HVAC systems, small pumps and home automation is further enhancing the industry landscape. In addition, their ability to offer protection and operational efficiency at a low cost makes them a preferred choice for small to medium sized commercial facilities, thereby driving the demand for automatic motor starter.
 

Three Phase Automatic Motor Starter Market Analysis

The medium voltage three phase automatic motor starter industry will exceed USD 1 billion by 2032. The increasing adoption of automation in the utilities and manufacturing sectors along with improvements in energy management practices will positively influence the industry dynamics. A growing emphasis on energy-efficient systems to meet regulations and lower carbon footprints combined with a focus on safer electrical systems will further energize the business landscape. Additionally, ongoing expansion of new buildings in key regions coupled with continuous modernization of aging power infrastructure will drive the industry growth.
 

The industrial three phase automatic motor starter market is anticipated to grow at a CAGR of over 4.5% through 2032, driven by their lower complex power requirement and lower cost. Increasing demand from small & medium enterprises in key geographies along with the incorporation of power factor correction and soft start features to enhance energy efficiency will drive the business expansion. Additionally, government and regulatory authorities in key regions are actively promoting energy-efficient industrial solutions in association with growing requirement of these units in HVAC systems will stimulate the product penetration.
 

U.S. three phase automatic motor starter market is set to cross over USD 400 million by 2032, fueled by the rising adoption of these systems in small to medium agricultural, industrial, and residential applications. Continuous technological advancements comprising of integrated smart control systems and digital interfaces which enable reduced downtime & better diagnostics, further propelling the industry growth. Moreover, robust urbanization and infrastructure development projects in line with the demand for these systems in irrigation systems, pumping stations, and small industrial operations are driving business outlook.
 

The Asia Pacific region is witnessing significant growth owing to the automation and modernization of existing industrial facilities. The development of smart grids and the incorporation of energy-efficient technologies along with advancement in safety features comprising of overload protection & short-circuit prevention will enhance the business opportunities. Furthermore, supportive government standards and mandates for adopting highly efficient electrical systems coupled with increasing public and private sector investments in infrastructure development are fostering a positive business environment.
 

Three Phase Automatic Motor Starter Market Share

The competition in the three-phase automatic motor starter industry is intense, characterized by a mix of established manufacturers including Siemens, Schneider Electric, and ABB, along with emerging companies that offer cost-competitive alternatives. Key competitive factors include technological advancements including energy efficiency features and smart control systems, which differentiate products in the market. Pricing strategies vary, with established players focusing on value-based pricing while smaller firms often leverage lower prices to capture market share.
 

Three Phase Automatic Motor Starter Market Companies

Major players operating in the three-phase automatic motor starter industry are:

• ABB
• CHINT Group
• CS Electric
• Danfoss
• Eaton
• Emerson Electric
• Fuji Electric
• Havells India
• Kalp Controls
• L & T Electrical and Automation
• Lovato Electric
• Mitsubishi Electric
• Mivan Technologies
• Rockwell Automation
• Schneider Electric
• Siemens
• SKN-Bentex Group
• WEG
   

Three Phase Automatic Motor Starter Industry News

• In May 2024, ABB acquired Siemens' Wiring Accessories business in China which includes products mainly smart home systems, wiring accessories, smart door locks, and home automation solutions. These products will retain the Siemens brand under a licensing agreement. This acquisition bolstered ABB's position in the smart buildings sector and provided access to a distribution network spanning 230 cities in China, along with valuable local sales, manufacturing, and management expertise.
   
• In October 2023, Fuji Electric expanded its presence in India by increasing investments to diversify its supply chain from China. The company invested USD 18 million in a new factory in Chennai six months ago and aimed to further invest up to USD 200 million by next year. Furthermore, Tamil Nadu was considered the preferred location for establishing a larger factory, as part of their three-year plan.
   

The three phase automatic motor starter market research report includes in-depth coverage of the industry with estimates & forecast in terms of revenue (USD Million) & volume (Units) from 2021 to 2032, for the following segments:

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Market, By Voltage

• Low
• Medium
• High

Market, By Application

• Residential
• Commercial
• Industrial

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

• 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