Soft starters are used in industrial applications to start/stop electric motors and protect expensive motorized machinery from initial inrush current surges. Leading suppliers are striving to differentiate their products through deep application knowledge and increased intelligence and connectivity. Soft starters help reduce energy consumption while protecting pumps, motors, machines, and other associated electrical equipment. This, in turn, reduces operating costs and extends the useful service lives of the equipment to improve return on assets. Soft starters have also shifted to digital technology that encompasses microprocessors for providing customers with numerous advanced functions and features.
"Many soft starters now include network options so that they can be connected to plant control systems. The integration of digital technology into soft starters is helping suppliers develop soft starters that are compact, modular in design, and designed for customer flexibility. These soft starters have the ability to provide advanced monitoring and protection, superior communications capabilities, and also have an “energy saver” mode that increase efficiency and reduce downtime. Automation helps create a path for the transition toward more connected and smarter systems that can help end users make informed decisions, optimize operations, and improve customer experience, while supporting profitable new service models for suppliers. As more manufacturers recognize the benefits of predictive maintenance, demand for intelligent solutions will further drive growth in the market," according to Siddhartha Maiti, Market Analyst and key author of ARC's Soft Starters Market Research Report.
Soft Starters Market Trends
In addition to providing detailed competitive market share data, the report also addresses key market trends as follows:
- Motor Management
- More Power from a Smaller Package
- Market Consolidation
- Digital Transformation
Leading Suppliers to the Soft Starters Market Identified
In addition to providing specific market data and industry trends, this ARC market research also identifies and positions the leading suppliers to this market and provides and summarizes their relevant offerings. An alphabetical list of key suppliers covered in this analysis includes: ABB, CHINT Electrics, Rockwell Automation, Schneider Electric, Siemens.
About the Soft Starters Research
The Soft Starters report explores the current and future market performance and related technology and business trends and identifies leading technology suppliers. This new research is based on ARC’s industry-leading market research database, extensive primary and secondary research, and proprietary economic modelling techniques. The research includes competitive analysis, plus five-year market forecasts and up to 1 years of historical analysis segmented by World Region, Sales Channel, Revenue Category, Machinery by Segment, Industry, Hardware Revenues by Power, Hardware Revenues by Phase, Hardware Revenues by Packaging, Hardware by Power, Customer Type.
This new research is available in a variety of formats to meet the specific research and budgetary requirements of a wide variety of organizations. These include:
- Market Intelligence Workbook (Excel Power Pivot): A standard Workbook includes the base year market data and a five-year market forecast. This workbook enables licensed users to freely manipulate the data to make it easier to analyze the latest data for business intelligence and generate custom reports. Available with up to 1 year of historical analysis.
- Concise Market Analysis Report (PDF): This wide-screen presentation format makes it much easier to find detailed information on a market. This new format provides executives, business unit managers, and other authorized users with immediate access to in-depth market analysis, including analysis associated with every market data chart and figure. Included is an executive-level summary of the current market dynamics, five-year market forecast, and competitive analysis, plus an overview of strategic issues. The PDF is available with a comprehensive set of charts with associated analysis.
For more information on this and other available ARC market research, please visit our Market Data & Studies section.