Soft Starter Market, By End User Industry (Mining and Metal, Food and Beverage, Energy and Power, Oil and Gas, and Other End user Industries), And By Region (North America, Europe, Asia Pacific, Latin America, Middle East & Africa)
Soft Starter Market is estimated to be valued at USD 3,026.2 Mn in 2025 and is expected to reach USD 5,264.2 Mn in 2032, exhibiting a compound annual growth rate (CAGR) of 8.23% from 2025 to 2032.
Report Coverage
Report Details
Base Year:
2024
Market Size in 2025:
USD 3,026.2 Mn
Historical Data for:
2020 To 2024
Forecast Period:
2025 To 2032
Forecast Period 2025 to 2032 CAGR:
8.23%
2032 Value Projection:
USD 5,264.2 Mn
Soft starters are a type of motor starters that make use of the voltage reduction technique for reducing the voltage in the starting process of the motor. These devices provide a gradual increase of voltage during motor starting. Using soft starter can prevent all type of mechanical tear and jerking resulting from sudden supply of full voltage. Soft starters are used in several different industries, as it reduces starting torque and gradually grows the voltage. This offers safety to the device without affecting the efficiency.
Market Dynamics:
The rise in demand for HVAC equipment and growing adoption of industrial pumps is expected to drive growth of the global soft starter market during the forecast period. Moreover, increasing technological development is likely to provide market players with multiple opportunities in the market.
However, factors like availability of alternatives such as VFDs and high cost related to R&D proficiencies is anticipated to hamper growth of the global soft starter market during the forecast period.
Key features of the study:
This report provides in-depth analysis of the global soft starter market, and provides market size (US$ Million) and compound annual growth rate (CAGR %) for the forecast period 2025-2032, considering 2024 as the base year
It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players
It profiles key players in the global soft starter market based on the following parameters - company highlights, products portfolio, key highlights, financial performance, and strategies
Key companies covered as a part of this study include Siemens AG, Aucom Electronics Ltd (Benshaw Inc.), Schneider Electric SE, IGEL Electric GmbH, Eaton Corporation PLC, Crompton Greaves Ltd., ABB Ltd., Toshiba Corporation, Rockwell Automation Inc., Fairford Electronics Inc. (Motortronics UK Ltd), and Danfoss Group
Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
The global soft starter market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global soft starter market
Detailed Segmentation:
Global Soft Starter Market, By End User Industry
Mining and Metal
Food and Beverage
Energy and Power
Oil and Gas
Other End user Industries
Global Soft Starter Market, By Geography
North America
Europe
Asia Pacific
Latin America
Middle East & Africa
Company Profiles:
Siemens AG
Schneider Electric SE
Eaton Corporation PLC
ABB Ltd
Rockwell Automation Inc.
Danfoss Group
Fairford Electronics Inc. (Motortronics UK Ltd)
Toshiba Corporation
Crompton Greaves Ltd
IGEL Electric GmbH
Aucom Electronics Ltd (Benshaw Inc.)
Table of Contents
1. Research Objectives and Assumptions
Research Objectives
Assumptions
Abbreviations
2. Market Purview
Report Description
Market Definition and Scope
Executive Summary
Market Snapshot, By End User Industry
Market Snapshot, By Region
Coherent Opportunity Map (COM)
3. Market Dynamics, Regulations, and Trends Analysis
Market Dynamics
Drivers
Growing demand for industrial pumps
Growing HVAC equipment demand
Restraints
Growing penetration of various alternatives
Limited control and accuracy of soft starters
Opportunities
Growing focus on improvement of utility factors
Impact Analysis
Key Highlights
Regulatory Scenario
Product launch/Approvals
PEST Analysis
PORTER's Analysis
Merger and Acquisition Scenario
4. Global Soft Starter Market - Impact of Coronavirus (COVID-19) Pandemic
COVID-19 Epidemiology
Supply Side and Demand Side Analysis
Economic Impact
5. Global Soft Starter Market , By End User Industry, 2020-2032, (US$ Mn)
Introduction
Market Share Analysis, 2025 and 2032 (%)
Y-o-Y Growth Analysis, 2021 - 2032
Segment Trends
Mining and Metal
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2020-2032,(US$ Mn)
Food and Beverage
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2020-2032,(US$ Mn)
Energy and Power
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2020-2032,(US$ Mn)
Oil and Gas
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2020-2032,(US$ Mn)
Other End user Industries
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2020-2032,(US$ Mn)
6. Global Soft Starter Market , By Region, 2020-2032, (US$ Mn)
Introduction
Market Share Analysis, By Country, 2025 and 2032 (%)
Y-o-Y Growth Analysis, For Country 2021-2032
Country Trends
North America
Introduction
Market Size and Forecast, and Y-o-Y Growth, By End User Industry, 2020-2032,(US$ Mn)
Europe
Introduction
Market Size and Forecast, and Y-o-Y Growth, By End User Industry, 2020-2032,(US$ Mn)
Asia Pacific
Introduction
Market Size and Forecast, and Y-o-Y Growth, By End User Industry, 2020-2032,(US$ Mn)
Latin America
Introduction
Market Size and Forecast, and Y-o-Y Growth, By End User Industry, 2020-2032,(US$ Mn)
Middle East & Africa
Introduction
Market Size and Forecast, and Y-o-Y Growth, By End User Industry, 2020-2032,(US$ Mn)