Global Soft Starter Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Application;

Pumps, Fans & blowers, Compressors, and Other Applications.

By End Use;

Oil & gas, Mining, Power, Automotive, and Others.

By Geography;

North America, Europe, Asia Pacific, Middle East & Africa and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn215322449 Published Date: March, 2025 Updated Date: April, 2025

Introduction

Global Soft Starter Market (USD Million), 2021 - 2031

In the year 2024, the Global Soft Starter Market was valued at USD 2,179.56 million. The size of this market is expected to increase to USD 3,277.25 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 6%.

The global soft starter market is experiencing significant growth driven by industrial automation trends, energy efficiency initiatives, and increasing adoption across various industries. Soft starters are electronic devices used to control the starting torque and current of electric motors, thereby reducing mechanical stress and extending the lifespan of equipment. They provide gradual acceleration and deceleration of motors, minimizing electrical and mechanical shocks during startup, which is crucial for applications where precise control and smooth operation are required.

Key drivers of the global soft starter market include the emphasis on energy efficiency and the need to comply with stringent energy regulations. Soft starters help reduce energy consumption by limiting inrush current during motor startup, leading to lower electricity bills and improved operational efficiency. Industries such as oil and gas, water and wastewater, mining, and manufacturing are increasingly adopting soft starters to optimize energy usage and reduce carbon footprints, contributing to sustainability goals.

Technological advancements in soft starter designs, such as digital control interfaces and integrated communication protocols (like Modbus and Ethernet), enhance system integration and monitoring capabilities. These features enable remote monitoring, diagnostics, and predictive maintenance of motor-driven equipment, enhancing overall reliability and reducing downtime. As industrial automation continues to expand globally, driven by Industry 4.0 initiatives and smart manufacturing practices, the demand for soft starters is expected to grow, offering opportunities for market players to innovate and expand their product offerings in diverse industrial sectors.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Application
    2. Market Snapshot, By End Use
    3. Market Snapshot, By Region
  4. Global Soft Starter Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Energy Efficiency Initiatives
        2. Industrial Automation Trends
        3. Increasing Adoption in Various Industries
      2. Restraints
        1. Initial Cost of Implementation
        2. Compatibility Issues with Existing Systems
        3. Limited Awareness in Some Regions
      3. Opportunities
        1. Technological Advancements
        2. Expansion in Emerging Markets
        3. Integration with IoT and Smart Technologies
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Global Soft Starter Market, By Application, 2021 - 2031 (USD Million)
      1. Pumps
      2. Fans & blowers
      3. Compressors
      4. Other Applications
    2. Global Soft Starter Market, By End Use, 2021 - 2031 (USD Million)
      1. Oil & gas
      2. Mining
      3. Power
      4. Automotive
      5. Others
    3. Global Soft Starter Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. ABB Ltd.
      2. Siemens AG
      3. Schneider Electric SE
      4. Rockwell Automation, Inc.
      5. Eaton Corporation PLC
      6. Danfoss A/S
      7. WEG S.A.
      8. Mitsubishi Electric Corporation
      9. Toshiba Corporation
      10. Emerson Electric Co.
  7. Analyst Views
  8. Future Outlook of the Market