MIR

Motor Starters Market: Motor Starters Market to grow at a CAGR of 4.95% during 2016-2020

Press Release   •   Jan 18, 2017 08:27 EST

Summary:

About Motor Starters, The high starting current can damage the internal circuit of the armature winding of a motor. Therefore, a starter is used to limit the starting current of the motor. The starting time of a motor depends on inertia, load, and torque. As the starting current is connected to the mains and is always higher than the rated operational current of the motor, an excessively long starting or braking time will cause an overload and result in wear and tear. This can also cause electromechanical stress or damage the motor isolation. Motor starters protect motor systems and prevent overloads and short circuits. Motor starters increase the reliability of applications and processes due to their quick response time, i.e., switching off the motor within milliseconds of a short circuit, thus preventing motor damage. MIR’s analysts forecast the global motor starters market to grow at a CAGR of 4.95% during the period 2016-2020.

Check Complete Report @ http://www.marketintelreports.com/report/IRTNTR10752/global-motor-starters-market-20162020

Topics Covered in this Report:

Scope and Regional Forecast of the Motor Starters Market:

The report covers the present scenario and the growth prospects of the global motor starters market for 2016-2020. To calculate the market size, the report considers the revenue generated from sales, maintenance, and services of motor starters, as well as upgrades of existing equipment for calculating the market size.

The market is divided into the following segments based on geography:

  • Americas
  • APAC
  • EMEA

Global Motor Starters Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors:

  • ABB
  • Danfoss
  • Rockwell Automation
  • Siemens

Other prominent vendors:

  • Allied Motion Technologies
  • ARC Systems
  • Emerson Electric
  • Franklin Electric
  • IMO precision Controls
  • Schneider Electric
  • Toshiba
  • Yaskawa

Market driver:

  • Standards imposed by regulatory bodies to increase energy efficiency of motors.
  • For a full, detailed list, view our report

Market challenge:

  • Threat of low-cost and counterfeit products.
  • For a full, detailed list, view our report

Market trend:

  • Rise in adoption of motor control centers.
  • For a full, detailed list, view our report

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Key questions answered in this report:

  • What will the market size be in 2020 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?
  • What are the market opportunities and threats faced by the key vendors?
  • What are the strengths and weaknesses of the key vendors?

You can request one free hour of our analyst’s time when you purchase this market report. Details are provided within the report.

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