Portland, OR -- (SBWIRE) -- 06/28/2017 -- Soft starters have widespread applications across different industries such as oil & gas, mining, and power generation industries. The soft starter helps in controlling motor acceleration thus preventing the damage of the motor in the entire process. This equipment can be installed with pumps, compressors, fans, among other devices to control the flow of current to desired level.

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Increasing adoption of motor soft starter in industrial pumps along with growing demand of HVAC control system coupled with cost effectiveness & minimal space requirements are key factors that is responsible for the growth of the market across the globe.

Preference of VFD over motor soft starter due to functional superiority and cost-effectiveness are the factors that hinder the growth of the market. Increasing application of the motors across industries coupled with different fixed speed applications are the factors that is expected to offer abundant growth opportunities to the market. Growing concerns regarding renewable energy is a key market challenge faced by stakeholders and key market players.

MOTOR SOFT STARTER KEY MARKET SEGMENTS:
- Motor Soft Starter Market By Voltage
o Low Voltage Motor Soft Starter Market
o Medium Voltage Motor Soft Starter Market

- Motor Soft Starter Market By Rated Power (KW)
o Motor Soft Starter With Rated Power Up to 100 KW
o Motor Soft Starter With Rated Power Above 100 KW

- Motor Soft Starter Market By Industry
o Oil & Gas
o Water & Wastewater
o Power Generation
o Mining
o Other Industries

- Motor Soft Starter Market By Application
o Pumps
o Fans
o Compressors
o Applications

- Motor Soft Starter Market By Region
o North America
o South America
o Asia-Pacific
o Middle East & Africa
o Europe

Key Company Profiles
- ABB Ltd.
- Siemens AG
- Eaton Corporation PLC
- Schneider Electric SE
- General Electric Company
- Emerson Electric Co.
- Rockwell Automation, Inc.
- Littelfuse Inc.
- WEG SA
- Crompton Greaves Limited

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