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Magnetic Starters-Global Market Insights and Sales Trends 2024
Synopsis
A magnetic starter is an electromagnetically operated switch which provides a safe method for starting an electric motor with a large load. Magnetic starters also provide under-voltage and overload protection and an automatic cutoff in the event of a power failure
The global Magnetic Starters market size is expected to reach US$ million by 2029, growing at a CAGR of % from 2023 to 2029. The market is mainly driven by the significant applications of Magnetic Starters in various end use industries. The expanding demands from the General Purpose, Rain Tight, Water Tight and Water and Corrosion Resistant, are propelling Magnetic Starters market. DC Motor, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the AC Motor segment is estimated at % CAGR for the next seven-year period.
Asia Pacific shows high growth potential for Magnetic Starters market, driven by demand from China, the second largest economy with some signs of stabilising, the Magnetic Starters market in China is forecast to reach US$ million by 2029, trailing a CAGR of % over the 2023-2029 period, while the U.S. market will reach US$ million by 2029, exhibiting a CAGR of % during the same period.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Magnetic Starters, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Magnetic Starters market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Magnetic Starters market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Magnetic Starters sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Magnetic Starters covered in this report include Schneider Electric., Mitsubishi Electric Corporation, Siemens AG, Riken Electric Co., Ltd., Westinghouse Electric Corporation, Eaton, Emerson Industrial Automation and WEG Industries, etc.
The global Magnetic Starters market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Schneider Electric.
Mitsubishi Electric Corporation
Siemens AG
Riken Electric Co., Ltd.
Westinghouse Electric Corporation
Eaton
Emerson Industrial Automation
WEG Industries
Global Magnetic Starters market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Magnetic Starters market, Segment by Type:
DC Motor
AC Motor
Global Magnetic Starters market, by Application
General Purpose
Rain Tight
Water Tight
Water and Corrosion Resistant
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Magnetic Starters manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Magnetic Starters in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
A magnetic starter is an electromagnetically operated switch which provides a safe method for starting an electric motor with a large load. Magnetic starters also provide under-voltage and overload protection and an automatic cutoff in the event of a power failure
The global Magnetic Starters market size is expected to reach US$ million by 2029, growing at a CAGR of % from 2023 to 2029. The market is mainly driven by the significant applications of Magnetic Starters in various end use industries. The expanding demands from the General Purpose, Rain Tight, Water Tight and Water and Corrosion Resistant, are propelling Magnetic Starters market. DC Motor, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the AC Motor segment is estimated at % CAGR for the next seven-year period.
Asia Pacific shows high growth potential for Magnetic Starters market, driven by demand from China, the second largest economy with some signs of stabilising, the Magnetic Starters market in China is forecast to reach US$ million by 2029, trailing a CAGR of % over the 2023-2029 period, while the U.S. market will reach US$ million by 2029, exhibiting a CAGR of % during the same period.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Magnetic Starters, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Magnetic Starters market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Magnetic Starters market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Magnetic Starters sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Magnetic Starters covered in this report include Schneider Electric., Mitsubishi Electric Corporation, Siemens AG, Riken Electric Co., Ltd., Westinghouse Electric Corporation, Eaton, Emerson Industrial Automation and WEG Industries, etc.
The global Magnetic Starters market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Schneider Electric.
Mitsubishi Electric Corporation
Siemens AG
Riken Electric Co., Ltd.
Westinghouse Electric Corporation
Eaton
Emerson Industrial Automation
WEG Industries
Global Magnetic Starters market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Magnetic Starters market, Segment by Type:
DC Motor
AC Motor
Global Magnetic Starters market, by Application
General Purpose
Rain Tight
Water Tight
Water and Corrosion Resistant
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Magnetic Starters manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Magnetic Starters in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
Index1 Magnetic Starters Market Overview
1.1 Magnetic Starters Product Overview
1.2 Magnetic Starters Market Segment by Type
1.2.1 DC Motor
1.2.2 AC Motor
1.3 Global Magnetic Starters Market Size by Type
1.3.1 Global Magnetic Starters Market Size Overview by Type (2018-2029)
1.3.2 Global Magnetic Starters Historic Market Size Review by Type (2018-2023)
1.3.3 Global Magnetic Starters Forecasted Market Size by Type (2024-2029)
1.4 Key Regions Market Size Segment by Type
1.4.1 North America Magnetic Starters Sales Breakdown by Type (2018-2023)
1.4.2 Europe Magnetic Starters Sales Breakdown by Type (2018-2023)
1.4.3 Asia-Pacific Magnetic Starters Sales Breakdown by Type (2018-2023)
1.4.4 Latin America Magnetic Starters Sales Breakdown by Type (2018-2023)
1.4.5 Middle East and Africa Magnetic Starters Sales Breakdown by Type (2018-2023)
2 Global Magnetic Starters Market Competition by Company
2.1 Global Top Players by Magnetic Starters Sales (2018-2023)
2.2 Global Top Players by Magnetic Starters Revenue (2018-2023)
2.3 Global Top Players by Magnetic Starters Price (2018-2023)
2.4 Global Top Manufacturers Magnetic Starters Manufacturing Base Distribution, Sales Area, Product Type
2.5 Magnetic Starters Market Competitive Situation and Trends
2.5.1 Magnetic Starters Market Concentration Rate (2018-2023)
2.5.2 Global 5 and 10 Largest Manufacturers by Magnetic Starters Sales and Revenue in 2022
2.6 Global Top Manufacturers by Company Type (Tier 1, Tier 2 and Tier 3) & (based on the Revenue in Magnetic Starters as of 2022)
2.7 Date of Key Manufacturers Enter into Magnetic Starters Market
2.8 Key Manufacturers Magnetic Starters Product Offered
2.9 Mergers & Acquisitions, Expansion
3 Magnetic Starters Status and Outlook by Region
3.1 Global Magnetic Starters Market Size and CAGR by Region: 2018 VS 2022 VS 2029
3.2 Global Magnetic Starters Historic Market Size by Region
3.2.1 Global Magnetic Starters Sales in Volume by Region (2018-2023)
3.2.2 Global Magnetic Starters Sales in Value by Region (2018-2023)
3.2.3 Global Magnetic Starters Sales (Volume & Value) Price and Gross Margin (2018-2023)
3.3 Global Magnetic Starters Forecasted Market Size by Region
3.3.1 Global Magnetic Starters Sales in Volume by Region (2024-2029)
3.3.2 Global Magnetic Starters Sales in Value by Region (2024-2029)
3.3.3 Global Magnetic Starters Sales (Volume & Value), Price and Gross Margin (2024-2029)
4 Global Magnetic Starters by Application
4.1 Magnetic Starters Market Segment by Application
4.1.1 General Purpose
4.1.2 Rain Tight
4.1.3 Water Tight
4.1.4 Water and Corrosion Resistant
4.2 Global Magnetic Starters Market Size by Application
4.2.1 Global Magnetic Starters Market Size Overview by Application (2018-2029)
4.2.2 Global Magnetic Starters Historic Market Size Review by Application (2018-2023)
4.2.3 Global Magnetic Starters Forecasted Market Size by Application (2024-2029)
4.3 Key Regions Market Size Segment by Application
4.3.1 North America Magnetic Starters Sales Breakdown by Application (2018-2023)
4.3.2 Europe Magnetic Starters Sales Breakdown by Application (2018-2023)
4.3.3 Asia-Pacific Magnetic Starters Sales Breakdown by Application (2018-2023)
4.3.4 Latin America Magnetic Starters Sales Breakdown by Application (2018-2023)
4.3.5 Middle East and Africa Magnetic Starters Sales Breakdown by Application (2018-2023)
5 North America Magnetic Starters by Country
5.1 North America Magnetic Starters Historic Market Size by Country
5.1.1 North America Magnetic Starters Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
5.1.2 North America Magnetic Starters Sales in Volume by Country (2018-2023)
5.1.3 North America Magnetic Starters Sales in Value by Country (2018-2023)
5.2 North America Magnetic Starters Forecasted Market Size by Country
5.2.1 North America Magnetic Starters Sales in Volume by Country (2024-2029)
5.2.2 North America Magnetic Starters Sales in Value by Country (2024-2029)
6 Europe Magnetic Starters by Country
6.1 Europe Magnetic Starters Historic Market Size by Country
6.1.1 Europe Magnetic Starters Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
6.1.2 Europe Magnetic Starters Sales in Volume by Country (2018-2023)
6.1.3 Europe Magnetic Starters Sales in Value by Country (2018-2023)
6.2 Europe Magnetic Starters Forecasted Market Size by Country
6.2.1 Europe Magnetic Starters Sales in Volume by Country (2024-2029)
6.2.2 Europe Magnetic Starters Sales in Value by Country (2024-2029)
7 Asia-Pacific Magnetic Starters by Region
7.1 Asia-Pacific Magnetic Starters Historic Market Size by Region
7.1.1 Asia-Pacific Magnetic Starters Market Size Growth Rate (CAGR) by Region: 2018 VS 2022 VS 2029
7.1.2 Asia-Pacific Magnetic Starters Sales in Volume by Region (2018-2023)
7.1.3 Asia-Pacific Magnetic Starters Sales in Value by Region (2018-2023)
7.2 Asia-Pacific Magnetic Starters Forecasted Market Size by Region
7.2.1 Asia-Pacific Magnetic Starters Sales in Volume by Region (2024-2029)
7.2.2 Asia-Pacific Magnetic Starters Sales in Value by Region (2024-2029)
8 Latin America Magnetic Starters by Country
8.1 Latin America Magnetic Starters Historic Market Size by Country
8.1.1 Latin America Magnetic Starters Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
8.1.2 Latin America Magnetic Starters Sales in Volume by Country (2018-2023)
8.1.3 Latin America Magnetic Starters Sales in Value by Country (2018-2023)
8.2 Latin America Magnetic Starters Forecasted Market Size by Country
8.2.1 Latin America Magnetic Starters Sales in Volume by Country (2024-2029)
8.2.2 Latin America Magnetic Starters Sales in Value by Country (2024-2029)
9 Middle East and Africa Magnetic Starters by Country
9.1 Middle East and Africa Magnetic Starters Historic Market Size by Country
9.1.1 Middle East and Africa Magnetic Starters Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
9.1.2 Middle East and Africa Magnetic Starters Sales in Volume by Country (2018-2023)
9.1.3 Middle East and Africa Magnetic Starters Sales in Value by Country (2018-2023)
9.2 Middle East and Africa Magnetic Starters Forecasted Market Size by Country
9.2.1 Middle East and Africa Magnetic Starters Sales in Volume by Country (2024-2029)
9.2.2 Middle East and Africa Magnetic Starters Sales in Value by Country (2024-2029)
10 Company Profiles
10.1 Schneider Electric.
10.1.1 Schneider Electric. Company Information
10.1.2 Schneider Electric. Introduction and Business Overview
10.1.3 Schneider Electric. Magnetic Starters Sales, Revenue and Gross Margin (2018-2023)
10.1.4 Schneider Electric. Magnetic Starters Products Offered
10.1.5 Schneider Electric. Recent Development
10.2 Mitsubishi Electric Corporation
10.2.1 Mitsubishi Electric Corporation Company Information
10.2.2 Mitsubishi Electric Corporation Introduction and Business Overview
10.2.3 Mitsubishi Electric Corporation Magnetic Starters Sales, Revenue and Gross Margin (2018-2023)
10.2.4 Mitsubishi Electric Corporation Magnetic Starters Products Offered
10.2.5 Mitsubishi Electric Corporation Recent Development
10.3 Siemens AG
10.3.1 Siemens AG Company Information
10.3.2 Siemens AG Introduction and Business Overview
10.3.3 Siemens AG Magnetic Starters Sales, Revenue and Gross Margin (2018-2023)
10.3.4 Siemens AG Magnetic Starters Products Offered
10.3.5 Siemens AG Recent Development
10.4 Riken Electric Co., Ltd.
10.4.1 Riken Electric Co., Ltd. Company Information
10.4.2 Riken Electric Co., Ltd. Introduction and Business Overview
10.4.3 Riken Electric Co., Ltd. Magnetic Starters Sales, Revenue and Gross Margin (2018-2023)
10.4.4 Riken Electric Co., Ltd. Magnetic Starters Products Offered
10.4.5 Riken Electric Co., Ltd. Recent Development
10.5 Westinghouse Electric Corporation
10.5.1 Westinghouse Electric Corporation Company Information
10.5.2 Westinghouse Electric Corporation Introduction and Business Overview
10.5.3 Westinghouse Electric Corporation Magnetic Starters Sales, Revenue and Gross Margin (2018-2023)
10.5.4 Westinghouse Electric Corporation Magnetic Starters Products Offered
10.5.5 Westinghouse Electric Corporation Recent Development
10.6 Eaton
10.6.1 Eaton Company Information
10.6.2 Eaton Introduction and Business Overview
10.6.3 Eaton Magnetic Starters Sales, Revenue and Gross Margin (2018-2023)
10.6.4 Eaton Magnetic Starters Products Offered
10.6.5 Eaton Recent Development
10.7 Emerson Industrial Automation
10.7.1 Emerson Industrial Automation Company Information
10.7.2 Emerson Industrial Automation Introduction and Business Overview
10.7.3 Emerson Industrial Automation Magnetic Starters Sales, Revenue and Gross Margin (2018-2023)
10.7.4 Emerson Industrial Automation Magnetic Starters Products Offered
10.7.5 Emerson Industrial Automation Recent Development
10.8 WEG Industries
10.8.1 WEG Industries Company Information
10.8.2 WEG Industries Introduction and Business Overview
10.8.3 WEG Industries Magnetic Starters Sales, Revenue and Gross Margin (2018-2023)
10.8.4 WEG Industries Magnetic Starters Products Offered
10.8.5 WEG Industries Recent Development
11 Upstream, Opportunities, Challenges, Risks and Influences Factors Analysis
11.1 Magnetic Starters Key Raw Materials
11.1.1 Key Raw Materials
11.1.2 Key Raw Materials Price
11.1.3 Raw Materials Key Suppliers
11.2 Manufacturing Cost Structure
11.2.1 Raw Materials
11.2.2 Labor Cost
11.2.3 Manufacturing Expenses
11.3 Magnetic Starters Industrial Chain Analysis
11.4 Magnetic Starters Market Dynamics
11.4.1 Magnetic Starters Industry Trends
11.4.2 Magnetic Starters Market Drivers
11.4.3 Magnetic Starters Market Challenges
11.4.4 Magnetic Starters Market Restraints
12 Market Strategy Analysis, Distributors
12.1 Sales Channel
12.2 Magnetic Starters Distributors
12.3 Magnetic Starters Downstream Customers
13 Research Findings and Conclusion
14 Appendix
14.1 Research Methodology
14.1.1 Methodology/Research Approach
14.1.2 Data Source
14.2 Author Details
14.3 Disclaimer
Published By : QY Research
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