The global Soft Starter Market is estimated to be valued at US$ 2,386.5 million in 2021 and is expected to exhibit a CAGR of 8.23% over the forecast period (2023-2030), as highlighted in a new report published by Coherent Market Insights.Market Overview: Soft starters are electrical devices that are used to control the acceleration of electric motors and reduce the impact of inrush current...
IMARC Group, a leading market research company, has recently releases report titled “Soft Starter Market Report by Type (Low Voltage Soft Starter, Medium to High Voltage Soft Starter), Application (Pumps, Fans and Blowers, Compressors), End Use Industry (Mining and Metal, Food and Beverage, Energy and Power, Oil and Gas, and Others), and Region 2024-2032”, Offers a comprehensive...
Motor Soft Starter Market Segment Analysis
Increasing Affinity toward Offshore Mining:The application of motor soft starters in offshore mining emerges as a key driver for market growth. This technology proves invaluable in the oil & gas industry, both offshore and onshore. The distinctive feature of reducing start current effectively addresses electrical supply stress, particularly...
The Soft Starter Market is estimated to be valued at US$ 2,386.5 Mn in 2022 and is expected to exhibit a CAGR of 8.23% over the forecast period 2023-2030, as highlighted in a new report published by Coherent Market Insights.Market Overview:
Soft starters are electronic devices used to eliminate sudden current surges and reduce the mechanical stress on motors during the startup process. They...