Global Combination Starter market is estimated to witness growth at a CAGR of 5.23% over the period of 2018 to 2023


Ozone Market Reports projects that the Combination Starter market size will grow from USD 795.3 Million in 2017 to USD 1079.9 Million by 2023, at an estimated CAGR of 5.23%. The base year considered for the study is 2017, and the market size is projected from 2018 to 2023.

This growth can be attributed to the increasing demand for motors and growing concerns related to motor control & protection.All equipment and services related to electricity, power transmission, and electronics require motor control and protection, along with short circuit and overload protection. Combination starter plays a crucial role in safeguarding the equipment and related machinery from short circuits and overloads in the event of power abnormalities. The report segments the combination starter market on the basis of major end-user industries, which include oil & gas, water & wastewater, infrastructure, food & beverages, metals & mining, and other industries. Oil & gas, water & wastewater, and infrastructure are set to be the fastest-growing industries in the combination starter market from 2018 to 2023.

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By Market Players:
ABB Ltd. , Siemens AG , Eaton Corporation Plc , Schneider Electric SE , General Electric Company , Emerson Electric Co. , Rockwell Automation, Inc. , Fuji Electric Fa Components & Systems Co., Ltd. , WEG SA , Mitsubishi Electrical Corporation , Danfoss A/S , Toshiba International Corporation Ltd. ,

By Type:
Non-Reversing, Reversing, , ,

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By Rated Power (KW):
Up to 7.5 KW, 7.5 to 75 KW, Above 75 KW, ,

By Industry:
Oil & Gas , Water & Wastewater , Infrastructure (Residential & Commercial) , Metals & Mining , Food & Beverages

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By Application:
Pumps , Fans , Compressors , Conveyors , Other Applications

The prime objective of this report is to help the user understand the market in terms of its definition, segmentation, market potential, influential trends, and the challenges that the market is facing. Deep researches and analysis were done during the preparation of the report. The readers will find this report very helpful in understanding the market in depth. The data and the information regarding the market are taken from reliable sources such as websites, annual reports of the companies, journals, and others and were checked and validated by the industry experts. The facts and data are represented in the report using diagrams, graphs, pie charts, and other pictorial representations. This enhances the visual representation and also helps in understanding the facts much better.

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