Global Motor Soft Starter Market Overview:
As per MRFR analysis, the Motor Soft Starter Market Size was estimated at 4.95 (USD Billion) in 2022. The Motor Soft Starter Market Industry is expected to grow from 5.3 (USD Billion) in 2023 to 9.86 (USD Billion) by 2032. The Motor Soft Starter Market CAGR (growth rate) is expected to be around 7.15% during the forecast period (2024 - 2032).
Key Motor Soft Starter Market Trends Highlighted
Motor soft starters are gaining significant traction in the global market due to the increasing demand for energy efficiency and reliability in industrial applications. The growing emphasis on reducing energy consumption and improving operational efficiency is driving the adoption of motor soft starters, as they enable controlled acceleration and deceleration of motors, minimizing energy losses and extending equipment life. Additionally, the rising need for reliable and efficient motor control in industries such as oil and gas, mining, and manufacturing is further fueling market growth.
The ongoing industrial automation trend is also presenting significant opportunities for the motor soft starter market. As industries automate their processes, the demand for reliable and efficient motor control solutions increases. Motor soft starters provide precise control over motor operation, ensuring smooth and efficient starting and stopping of motors, which is crucial in automated systems.
Recent trends in the motor soft starter market include the increasing adoption of solid-state soft starters. These starters offer advantages such as compact size, enhanced performance, and reduced maintenance requirements compared to traditional electromechanical starters. Furthermore, the integration of advanced features such as digital displays and communication interfaces is enhancing the functionality and usability of motor soft starters.
Source: Primary Research, Secondary Research, MRFR Database and Analyst Review
Motor Soft Starter Market Drivers
Increasing Demand for Energy Efficiency
Motor Soft Starters are gaining popularity these days as they are getting adopted by most businesses and industries. These starters reduce the load from the electrical grid and hence lower the energy expenses as they decrease the inrush current. Moreover, motor soft starters help increase the lifespan of electric motors as they are less prone to experience much wear and tear compared to the direct-on-line start. High demand for energy-efficient motor systems is a key driver of the market.
Rising Adoption of Industrial Automation
The other key driving factor of the Motor Soft Starter Market Industry is the adoption of industrial automation. Nowadays, as an increasing number of businesses implement automated processes, the demand for motor control solutions ensuring a smooth start-up is growing. In the context of industrial automation, soft starters for motors are used to start the motor and then gradually decrease the voltage across its terminals. In this way, the soft starters prevent the motor and the driven device from being damaged.
Growing Demand from Emerging Economies
Another significant factor driving the growth of the Motor Soft Starter Market Industry is the increasing demand from emerging economies. As these countries continue to develop, the demand for industrial machinery and equipment is growing, which, in turn, is increasing the demand for motor soft starters. Emerging economies represent a large growth market for motor soft starters, and this is expected to continue over the next few years.
Motor Soft Starter Market Segment Insights:
Motor Soft Starter Market Voltage Insights
Motor Soft Starter Market Report – Segmented by Voltage and Geography – Growth, Trends, and Forecast The Motor Soft Starter Market is segmented into three segments based on voltage: Low voltage 1000V, medium voltage 33000V, and high voltage. In 2023, the low voltage segment is expected to have the largest share, comprising over 60% of the market revenue. Low voltage motors are widely used in several industries, such as pumps, fans, and conveyors, where motors must stop and start based on the necessity of the process continuously. These benefits have made low voltage motors popular in a wide range of industries. During the forecast period, the medium voltage segment is expected to grow. This is due to the surging demand for soft starters for medium-voltage motors in the heavy industry, such as mining, oil and gas, and power generation. The high voltage segment, on the other hand, is expected to grow slowly at the highest pace.
The usage of high-voltage motor is expected to rise in electric locomotives, wind turbines, and other large-scale industrial applications. Overall, the increasing adoption of these solutions, the growing demand for automation in the industrial process, and the increasing awareness about the benefits of soft starters, including the extending life of motor and related efficient processes and safety, are driving the market.
Key Market Trends Lower Voltage to Dominate The low voltage segment is expected to dominate the market throughout the forecast period. This is due to the growing usage of low voltage motors. Various industries extensively use induction motors that are of low voltage. Streamlined usage and requirements of industrial applications are driving the low voltage segment. Some of the highly used applications include conveyors, pumps, HVAC air handling, and other domestic purposes. Conveying is one of the most frequent applications that uses soft starter across various industries.
Source: Primary Research, Secondary Research, MRFR Database and Analyst Review
Motor Soft Starter Market Power Insights
The Motor Soft Starter Market is by power divided into low power (up to 500kW), medium power (500-2000kW), and high power (over 2000kW). The low power segment held the largest share of the soft starter market. In 2023, it should continue to rise at a continuous rate. The medium power segment is expected to experience the largest growth due to the remarkable increase in the application of starters for industrial use. Starters in the high power segment will likely grow the slowest because they are usually applied in massive industrial usages.
The Motor Soft Starter Market was USD 5.3 billion in 2023, and it is expected to reach USD 9.86 billion in 2032, rising at a 7.15-percent compounded annual growth rate from 2024 to 2032. The growth in the market can be attributed to the increasing demand for power saving systems. Additionally, the increased installation of robots across industries has enhanced market growth. ABB, Siemens, Schneider Electric, and Rockwell Automation are the leading companies that dominate the global motor soft start market. They offer a wide range of starter systems to suit the varied requirements of the major industries both technologically and in terms of price.
Related: There are also many regional and local companies that specialize in providing softer motor systems and forming partnerships with major companies to have a global presence.
Motor Soft Starter Market Cooling System Insights
The cooling system segment plays a crucial role in ensuring the efficient operation of motor soft starters. It dissipates heat generated during the starting process to prevent overheating and potential damage to the starter. Two primary types of cooling systems are employed in motor soft starters: Air-Cooled and Water-Cooled. Air-Cooled systems utilize fans or blowers to circulate air over heat sinks or radiators to dissipate heat. They are commonly used in smaller motor soft starters or applications with limited space constraints.
Air-Cooled systems are generally more cost-effective and require less maintenance compared to Water-Cooled systems.On the other hand, Water-Cooled systems employ water or a coolant to absorb heat from the starter and transfer it to a heat exchanger. This type of cooling system is preferred in high-power motor soft starters or applications where space is limited. Water-Cooled systems offer higher cooling efficiency and can handle larger heat loads compared to Air-Cooled systems. However, they require additional plumbing and maintenance, contributing to higher costs. In terms of market share, the Air-Cooled cooling system segment held a larger share in the Motor Soft Starter Market in 2023, owing to its cost-effectiveness and simplicity.
However, the Water-Cooled segment is expected to grow at a faster rate during the forecast period (2024-2032) due to increasing demand for high-power motor soft starters and space constraints in various industries.
Motor Soft Starter Market Application Insights
The Motor Soft Starter Market is segmented into Industrial, Commercial, and Residential applications. The Industrial segment accounted for the largest market share in 2023 and is projected to continue to dominate the market through 2032. The growth of this segment can be attributed to the increasing demand for motor soft starters in industrial applications such as manufacturing, mining, and construction.
The Commercial segment is expected to experience significant growth over the forecast period, driven by the rising number of commercial buildings and the increasing adoption of energy-efficient technologies. The Residential segment is also expected to grow steadily as more homeowners become aware of the benefits of motor soft starters, such as reduced energy consumption and extended motor life.
Motor Soft Starter Market Regional Insights
Geographically, the market is segmented into North America, Europe, APAC, South America, and MEA. North America holds a significant market share due to the presence of developed economies, advanced infrastructure, and stringent industrial regulations. Europe follows closely with a strong manufacturing sector and growing adoption of energy-efficient technologies. APAC is projected to witness the fastest growth due to rapid industrialization, urbanization, and government initiatives to promote energy conservation. South America and MEA offer potential growth opportunities with increasing investments in infrastructure development and mining sectors.
Source: Primary Research, Secondary Research, MRFR Database and Analyst Review
Motor Soft Starter Market Key Players And Competitive Insights:
Leading players operating in the Motor Soft Starter Market industry are focusing on research and development activities to improve the efficiency and reliability of their products. High growth of the Motor Soft Starter Market is estimated during the forthcoming years. Increasing demand in the market from various end-use sectors such as power generation, oil and gas, manufacturing, and others is fueling the growth of the Motor Soft Starter Market. Top companies operating in the Motor Soft Starter Market industry are adopting several strategies to compete in the market. Major strategies followed by leading companies are product innovation, partnerships, and acquisitions.
A leading company in the Motor Soft Starter Market industry is ABB. The company offers different types of motor soft starters, such as PSTX, PSB, and PSR. These starters are highly efficient. These work in wide voltage ranges and require less maintenance. A wide range of industries is served by the company across the globe. It operates in over 100 countries, and its annual revenue is around USD 27.7 billion. ABB is providing innovative and environmentally cleaner solutions for improving the efficiency of its products.
The competitor company in the Motor soft starter market industry is Siemens. This company offers various types of soft starters, such as Sirius 3RW, Sirius 3RW5, and Sirius 3RW6. These soft starter products are available with high performance and long life. The Siemens company operates in more than 190 countries across the world. It is generating more than €57 billion in revenues every year. To their customers, the company is providing reliable products and solutions.
Key Companies in the Motor Soft Starter Market Include:
- Schneider Electric
- ABB
- LS Industrial Systems
- Himel
- Danfoss
- Siemens
- Rockwell Automation
- Fuji Electric
- Eaton
- WEG
- Horner Electric
- Gefran
- Yaskawa Electric
- Mitsubishi Electric
- Parker Hannifin
Motor Soft Starter Market Industry Developments
The Motor Soft Starter Market is projected to grow from USD 5.3 billion in 2023 to USD 9.86 billion by 2032, at a CAGR of 7.15%. The increasing demand for energy-efficient solutions and the growing adoption of automation in industries are driving the growth of the market.
Recent developments in the market include the launch of new products with advanced features and the expansion of production capacities by key players. For instance, in 2023, Siemens introduced the SIRIUS 3RW55 soft starter series, which offers a wide range of power ratings and advanced functionalities like integrated safety functions and communication capabilities. Additionally, ABB announced plans to invest USD 100 million in expanding its soft starter production facility in India to meet the growing demand in the region.
Motor Soft Starter Market Segmentation Insights
- Motor Soft Starter Market Voltage Outlook
- Low Voltage (up to 1000V)
- Medium Voltage (1000-33000V)
- High Voltage (over 33000V)
- Motor Soft Starter Market Power Outlook
- Low Power (up to 500kW)
- Medium Power (500-2000kW)
- High Power (over 2000kW)
- Motor Soft Starter Market Cooling System Outlook
- Motor Soft Starter Market Application Outlook
- Industrial
- Commercial
- Residential
- Motor Soft Starter Market Regional Outlook
- North America
- Europe
- South America
- Asia Pacific
- Middle East and Africa
| Report Attribute/Metric |
Details |
| Market Size 2022 |
4.95 (USD Billion) |
| Market Size 2023 |
5.3 (USD Billion) |
| Market Size 2032 |
9.86 (USD Billion) |
| Compound Annual Growth Rate (CAGR) |
7.15% (2024 - 2032) |
| Report Coverage |
Revenue Forecast, Competitive Landscape, Growth Factors, and Trends |
| Base Year |
2023 |
| Market Forecast Period |
2024 - 2032 |
| Historical Data |
2019 - 2023 |
| Market Forecast Units |
USD Billion |
| Key Companies Profiled |
Schneider Electric, ABB, LS Industrial Systems, Himel, Danfoss, Siemens, Rockwell Automation, Fuji Electric, Eaton, WEG, Horner Electric, Gefran, Yaskawa Electric, Mitsubishi Electric, Parker Hannifin |
| Segments Covered |
Voltage, Power, Cooling System, Application, Regional |
| Key Market Opportunities |
Increasing demand for efficient motors Growing adoption in industrial applications Rise in infrastructure development Expansion in emerging economies Technological advancements. |
| Key Market Dynamics |
Increasing demand for energy-efficient solutions Growing adoption in industrial sectors Advancements in technology leading to reduced costs Rising awareness of power quality issues Growing focus on reliability and safety |
| Countries Covered |
North America, Europe, APAC, South America, MEA |
Frequently Asked Questions (FAQ) :
The Motor Soft Starter Market is projected to reach an estimated value of 5.3 Billion USD in 2023.
The Motor Soft Starter Market is anticipated to expand at a CAGR of approximately 7.15% from 2024 to 2032.
The Asia-Pacific region is anticipated to dominate the Global Motor Soft Starter Market, accounting for a significant share due to increasing industrialization and growing demand for energy-efficient solutions.
Motor Soft Starters find applications in various industries, including oil and gas, mining, water and wastewater treatment, and manufacturing, to reduce mechanical stress on motors and enhance operational efficiency.
Prominent players in the Motor Soft Starter Market include ABB, Siemens, Schneider Electric, Rockwell Automation, and Eaton, among others.
Factors propelling the growth of the Motor Soft Starter Market include rising demand for energy-efficient solutions, increasing adoption in industrial applications, and government regulations promoting energy conservation.
Challenges faced by the Motor Soft Starter Market include intense competition, price sensitivity in emerging markets, and technological advancements that may lead to product obsolescence.
Emerging trends in the Motor Soft Starter Market include the integration of advanced technologies such as IoT and AI, increasing adoption of wireless communication, and growing focus on sustainable and energy-efficient solutions.
The COVID-19 pandemic initially disrupted the Motor Soft Starter Market due to supply chain disruptions and reduced industrial activity. However, the market is expected to recover in the post-pandemic period, driven by pent-up demand and government stimulus packages.
The Motor Soft Starter Market is anticipated to witness continued growth in the coming years, driven by increasing urbanization, industrial automation, and growing environmental concerns.
