In this report, LP Information covers the present scenario (with the base year being 2017) and the growth prospects of global Manual Motor Starters market for 2018-2023.
Manual motor starters are electro-mechanical protection devices for the main circuit. They are used mainly to switch motors manually ON/OFF and protect them fuse less against short-circuit, overload and phase failures. Fuse less protection with a manual motor starter saves costs, space and ensures a quick reaction under short-circuit condition, by switching off the motor within milliseconds. Fuse less start combinations are setup together with contactors.
About the price, the High-end products is expensive than the most commonly used products; the price of product from different manufacturers is very different, Europe and USs product is expensive than Japan and China. Usually, EU and USs product price is several times than domestic product.
New enterprise can cooperate with the leading company, such as Siemens, and also must strengthen the study of the product, to promote the company's products to obtain industry competitiveness and market share.
Over the next five years, LPI(LP Information) projects that Manual Motor Starters will register a 5.1% CAGR in terms of revenue, reach US$ 910 million by 2023, from US$ 680 million in 2017.
This report presents a comprehensive overview, market shares, and growth opportunities of Manual Motor Starters market by product type, application, key manufacturers and key regions.
To calculate the market size, LP Information considers value and volume generated from the sales of the following segments:
Segmentation by product type:
DC Manual Motor Starters
AC Manual Motor Starters
Segmentation by application:
Oil & Gas
Water & Wastewater
This report also splits the market by region:
Middle East & Africa
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report:
Rockwell Automation (Allen-Bradley)
Sprecher + Schuh
LS Industrial Systems
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
To study and analyze the global Manual Motor Starters consumption (value & volume) by key regions/countries, product type and application, history data from 2013 to 2017, and forecast to 2023.
To understand the structure of Manual Motor Starters market by identifying its various subsegments.
Focuses on the key global Manual Motor Starters manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Manual Motor Starters with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Manual Motor Starters submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.