PUBLISHER: Global Market Insights Inc. | PRODUCT CODE: 1685084
PUBLISHER: Global Market Insights Inc. | PRODUCT CODE: 1685084
The Global Motor Starter Market, valued at USD 7.6 billion in 2024, is expected to experience steady growth, with a projected CAGR of 5.1% from 2025 to 2034. This growth can be attributed to the rapid adoption of industrial automation, which has created a demand for more efficient motor control and protection solutions. As industries increasingly focus on energy efficiency and sustainability, the need for advanced motor starters has surged. Key market drivers include the growing preference for intelligent motor starters that offer remote monitoring, diagnostics, and smart controls, all of which significantly enhance operational efficiency.
Moreover, the shift towards integrating Internet of Things (IoT)-)-enabled technologies into motor starters have revolutionized the market by improving functionality, adaptability, and energy savings. Technological innovations like microprocessor-based controls, digital interfaces, and real-time monitoring features are also reshaping the industry's future. Industrial automation, coupled with environmental consciousness, is expected to propel demand for these systems in the coming years.
Market Scope | |
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Start Year | 2024 |
Forecast Year | 2025-2034 |
Start Value | $7.6 Billion |
Forecast Value | $12.4 Billion |
CAGR | 5.1% |
The automatic motor starter segment is anticipated to generate USD 7 billion in revenue through 2034. This growth is largely driven by the increasing demand from small-scale industries and the commercial sector, where motor starters are crucial for efficient and safe motor operations. The incorporation of microprocessor-based technologies and electronic controls enhances their appeal, allowing businesses to maximize energy savings and reduce operational costs. The ongoing expansion of infrastructure, coupled with rising manufacturing activities globally, will fuel the demand for these efficient and cost-effective solutions.
Meanwhile, the low-voltage motor starter segment is forecast to grow at a CAGR of 4.5% through 2034. The growing demand for energy-efficient motor starters with reduced power consumption is a key factor propelling this sector. Low-voltage starters are particularly valued in industries looking to meet sustainability goals while minimizing energy waste. The integration of advanced communication protocols, IoT connectivity, and more eco-conscious design elements positions this segment for strong growth. The increasing emphasis on renewable energy sources and sustainable practices presents an opportunity for low-voltage starters to play a significant role across multiple industries, from green building projects to smart grids.
The U.S. motor starter market is set to generate USD 1 billion by 2034. Advances in manufacturing technologies, the widespread adoption of automation, and the modernization of infrastructure are significant contributors to this growth. Additionally, the integration of renewable energy systems and the enforcement of stricter energy efficiency regulations are driving the demand for advanced motor control solutions in the U.S. As industries seek to meet high energy standards and improve operational efficiency, the market for motor starters is well-positioned to thrive, meeting the needs of modern manufacturing and infrastructure development.