Motor Soft Starter Market is projected to grow at a CAGR 4% during the forecast period 2021-2027. The market for low voltage motor soft starters is expected to expand due to their widespread adoption in a variety of process industries worldwide. Global greenfield industrial investments have been increasing, particularly in Asia Pacific, which is expected to boost demand for low voltage motor soft starters during the forecast period.
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During the forecast period, Asia Pacific is expected to be the largest market for motor soft starters. Motor soft starters are expected to see increased demand as a result of increased investment in construction, power generation, and industrialization projects. Additionally, the increasing capacity additions and electricity demand in this region are expected to boost the motor soft starter market.
The report consists of the list of the vendor's profile of Motor Soft Starter market key players include ABB, Siemens, Schneider Electric, Eaton, Fuji Electric, WEG, Rockwell Automation, and Mitsubishi Electric
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