Global Combination Starters Market by Type (Full-Voltage Non Reversing, Full-Voltage Reversing, Multi-Speed, Reduced Voltage), By Application (Construction, Oil & Gas, Water And Wastewater Management, Chemical Industries) and Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast To 2028
The Global Combination Starters Market size is projected to grow from USD 3.6 billion in 2021 to USD 5.5 billion by 2028, at a CAGR of 6.2% during the forecast period (2021-2028). The growth of this market can be attributed to the increasing demand for energy-efficient and environmentally-friendly equipment coupled with stringent government regulations on reducing emissions that have been enforced worldwide, as well as a growing need for more sustainable power solutions due to various natural disasters such as floods, storms, earthquakes, etc.
Combination Starters are used to switch off the power supply of an electric motor. They come in different types with differing voltage ratings and can be operated as either single-pole or three-way switches. The voltage rating is important for determining which type of starter should be installed since it dictates whether a full-voltage nonreversing starter will work or not.
On the basis of Type, the market is segmented into Full-Voltage Non-Reversing, Full-Voltage Reversing, Multi-Speed and Reduced Voltage.
Full-Voltage Non-Reversing:
Full-Voltage Non-Reversing starters are typically used for motors in open or partially enclosed spaces. They have a voltage rating of over 600 volts and can be permanently wired into the circuit breaker system to switch off power to the motor when tripped by an overload, short, or ground fault. These types of starters tend not to be very efficient at switching on high resistance loads like closed vents as they do not provide enough current with respect to voltage demand needed.
Full-Voltage Reversing:
Full-Voltage Reversing starters are typically used for motors in enclosed spaces. They have a voltage rating below 600 volts and can be permanently wired into the circuit breaker system or switched on by an externally mounted switch to turn off power to the motor when tripped by an overload, short or ground fault. These types of starters tend not to be very efficient at switching high resistance loads like closed vents as they do not provide enough current with respect to voltage demand needed.
Multi-Speed Starter:
Multi-speed starters are designed specifically for use with variable frequency drives (VFD), which allows them to match different speeds without changing rpm while also reducing energy consumption. VFDs need a starter that is compatible with the unit's voltage, current, and frequency specifications in order to work properly.
Reduced Voltage:
Reduced Voltage starters are a type of starter that is used for motors with lower voltage and currents. This makes them more useful when the motor needs to operate at low power, like in an office environment where it's operating on less than 100% load. These types of starters need to be connected directly to the power source without any additional wiring or equipment because they do not have enough capacity to activate other switches.
On the basis of Application, the market is segmented into Construction, Oil & Gas, Water and Wastewater Management, Chemical Industries. The construction segment is leading due to an increase in construction activities across the globe. The demand for new buildings has led to a surge in hiring which means that there are more people around who need power tools such as drills and saws.
On the basis of Region, the market is segmented into North America, Latin America, Europe, Asia Pacific, and Middle East & Africa. The market in the regions such as Europe is expected to grow due to an increase in Brazilian construction activities which are predicted for the 2021-2028 period. The demand for new buildings has led to a surge in hiring which means that there are more people around who need power tools such as drills and saws.
Growth Factors for the Global Combination Starters Market:
The major growth drivers for the global Combination Starters Market are an increase in construction activities, technological developments, and a strong need to reduce carbon emissions. Construction activity is a key driver of demand for electric starters because it requires large quantities of power tools such as drills that use these devices. Technological innovations have led electronic manufactures to develop new types of starter motors with reduced voltage which also require less energy consumption. The requirement to reduce greenhouse gas emissions leads manufacturers to produce more environmentally friendly products including those from renewable resources. This has contributed hugely towards environmental protection efforts and climate change mitigation due to the reduction in pollutants discharged into the air thereby reducing its impact on the environment and ecosystems around the world.
Up Market Research published a new report titled “Combination Starters Market research report which is segmented by Types (Full-Voltage Non Reversing, Full-Voltage Reversing, Multi-Speed, Reduced Voltage), By Applications (Construction, Oil & Gas, Water And Wastewater Management, Chemical Industries), By Players/Companies ABB, General Electric, Rockwell Automation, Schneider Electric, Mitsubishi Electric, SIEMENS, Eaton, Sprecher + Schuh, ISC, Greenheck Fan”.
Report Scope
Report Attributes | Report Details |
Report Title | Combination Starters Market Research Report |
By Type | Full-Voltage Non Reversing, Full-Voltage Reversing, Multi-Speed, Reduced Voltage |
By Application | Construction, Oil & Gas, Water And Wastewater Management, Chemical Industries |
By Companies | ABB, General Electric, Rockwell Automation, Schneider Electric, Mitsubishi Electric, SIEMENS, Eaton, Sprecher + Schuh, ISC, Greenheck Fan |
Regions Covered | North America, Europe, APAC, Latin America, MEA |
Base Year | 2020 |
Historical Year | 2018 to 2019 (Data from 2010 can be provided as per availability) |
Forecast Year | 2028 |
Number of Pages | 212 |
Number of Tables & Figures | 149 |
Customization Available | Yes, the report can be customized as per your need. |
The report covers comprehensive data on emerging trends, market drivers, growth opportunities, and restraints that can change the market dynamics of the industry. It provides an in-depth analysis of the market segments which include products, applications, and competitor analysis.
Global Combination Starters Market Report Segments:
The market is segmented by Type Full-Voltage Non Reversing, Full-Voltage Reversing, Multi-Speed, Reduced Voltage and By Application Construction, Oil & Gas, Water And Wastewater Management, Chemical Industries.
Some of the companies that are profiled in this report are:
- ABB
- General Electric
- Rockwell Automation
- Schneider Electric
- Mitsubishi Electric
- SIEMENS
- Eaton
- Sprecher + Schuh
- ISC
- Greenheck Fan
Combination Starters Market research report delivers a close watch on leading competitors with strategic analysis, micro and macro market trend and scenarios, pricing analysis and a holistic overview of the market situations in the forecast period. It is a professional and a detailed report focusing on primary and secondary drivers, market share, leading segments and geographical analysis. Further, key players, major collaborations, merger & acquisitions along with trending innovation and business policies are reviewed in the report.
Key Benefits for Industry Participants & Stakeholders:
- Industry drivers, restraints, and opportunities covered in the study
- Neutral perspective on the market performance
- Recent industry trends and developments
- Competitive landscape & strategies of key players
- Potential & niche segments and regions exhibiting promising growth covered
- Historical, current, and projected market size, in terms of value
- In-depth analysis of the Combination Starters Market
Overview of the regional outlook of the Combination Starters Market:
Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa (MEA). North America region is further bifurcated into countries such as U.S., and Canada. The Europe region is further categorized into U.K., France, Germany, Italy, Spain, Russia, and Rest of Europe. Asia Pacific is further segmented into China, Japan, South Korea, India, Australia, South East Asia, and Rest of Asia Pacific. Latin America region is further segmented into Brazil, Mexico, and Rest of Latin America, and the MEA region is further divided into GCC, Turkey, South Africa, and Rest of MEA.
Highlights of The Combination Starters Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of Combination Starters Market.
- Historical data and forecast.
- Estimations for the forecast period 2028.
- Developments and trends in the market.
- By Type:
1. Full-Voltage Non Reversing
2. Full-Voltage Reversing
3. Multi-Speed
4. Reduced Voltage
7. By Application:1. Construction
2. Oil & Gas
3. Water And Wastewater Management
4. Chemical Industries
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Combination Starters Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2028.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
Reasons to Purchase the Combination Starters Market Report:
- The report includes a plethora of information such as market dynamics scenario and opportunities during the forecast period
- Segments and sub-segments include quantitative, qualitative, value (USD Million,) and volume (Units Million) data.
- Regional, sub-regional, and country level data includes the demand and supply forces along with their influence on the market.
- The competitive landscape comprises share of key players, new developments, and strategies in the last three years.
- Comprehensive companies offering products, relevant financial information, recent developments, SWOT analysis, and strategies by these players.
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Combination Starters Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Combination Starters Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Combination Starters Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Combination Starters Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Combination Starters Market Size & Forecast, 2018-2028
4.5.1 Combination Starters Market Size and Y-o-Y Growth
4.5.2 Combination Starters Market Absolute $ Opportunity
Chapter 5 Global Combination Starters Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Combination Starters Market Size Forecast by Type
5.2.1 Full-Voltage Non Reversing
5.2.2 Full-Voltage Reversing
5.2.3 Multi-Speed
5.2.4 Reduced Voltage
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Combination Starters Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Combination Starters Market Size Forecast by Applications
6.2.1 Construction
6.2.2 Oil & Gas
6.2.3 Water And Wastewater Management
6.2.4 Chemical Industries
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Combination Starters Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Combination Starters Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Combination Starters Analysis and Forecast
9.1 Introduction
9.2 North America Combination Starters Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Combination Starters Market Size Forecast by Type
9.6.1 Full-Voltage Non Reversing
9.6.2 Full-Voltage Reversing
9.6.3 Multi-Speed
9.6.4 Reduced Voltage
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Combination Starters Market Size Forecast by Applications
9.10.1 Construction
9.10.2 Oil & Gas
9.10.3 Water And Wastewater Management
9.10.4 Chemical Industries
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Combination Starters Analysis and Forecast
10.1 Introduction
10.2 Europe Combination Starters Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Combination Starters Market Size Forecast by Type
10.6.1 Full-Voltage Non Reversing
10.6.2 Full-Voltage Reversing
10.6.3 Multi-Speed
10.6.4 Reduced Voltage
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Combination Starters Market Size Forecast by Applications
10.10.1 Construction
10.10.2 Oil & Gas
10.10.3 Water And Wastewater Management
10.10.4 Chemical Industries
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Combination Starters Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Combination Starters Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Combination Starters Market Size Forecast by Type
11.6.1 Full-Voltage Non Reversing
11.6.2 Full-Voltage Reversing
11.6.3 Multi-Speed
11.6.4 Reduced Voltage
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Combination Starters Market Size Forecast by Applications
11.10.1 Construction
11.10.2 Oil & Gas
11.10.3 Water And Wastewater Management
11.10.4 Chemical Industries
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Combination Starters Analysis and Forecast
12.1 Introduction
12.2 Latin America Combination Starters Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Combination Starters Market Size Forecast by Type
12.6.1 Full-Voltage Non Reversing
12.6.2 Full-Voltage Reversing
12.6.3 Multi-Speed
12.6.4 Reduced Voltage
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Combination Starters Market Size Forecast by Applications
12.10.1 Construction
12.10.2 Oil & Gas
12.10.3 Water And Wastewater Management
12.10.4 Chemical Industries
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Combination Starters Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Combination Starters Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Combination Starters Market Size Forecast by Type
13.6.1 Full-Voltage Non Reversing
13.6.2 Full-Voltage Reversing
13.6.3 Multi-Speed
13.6.4 Reduced Voltage
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Combination Starters Market Size Forecast by Applications
13.10.1 Construction
13.10.2 Oil & Gas
13.10.3 Water And Wastewater Management
13.10.4 Chemical Industries
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Combination Starters Market: Competitive Dashboard
14.2 Global Combination Starters Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 ABB
14.3.2 General Electric
14.3.3 Rockwell Automation
14.3.4 Schneider Electric
14.3.5 Mitsubishi Electric
14.3.6 SIEMENS
14.3.7 Eaton
14.3.8 Sprecher + Schuh
14.3.9 ISC
14.3.10 Greenheck Fan