Scope of the Study
A combination starter is composed of a motor starter, circuit breaker or disconnecting switch, overload relay, an enclosure of desired specification, and wiring, among other elements. It disconnects fuse, switch and enclosed circuit breaker such as starter and overloads. Every motor control circuit must be accompanied by three elements such as motor overload protection, control device, and disconnect device with short circuit protection, either as switch and fuses, circuit breaker, or motor starter protector (MSP). Combination starters are the most common type of packaged motor controllers forming a critical input unit related to industrial drives and controls. Functions such as motor control, disconnect, overload protection, and branch circuit protection are majorly performed by combination starters. Demand of these combination starter in safeguarding the equipment and related machinery from short circuits and overloads in the event of power abnormalities are driving the Global Combination Starter market.
The market study is being classified by Type (By Rated Power, Up to 7.5 kW, 7.5 to 75 kW and Above 75 kW), by Application (Pumps, Fans, Compressors, Conveyors and Others) and major geographies with country level break-up. According to AMA, the Global Combination Starter market is expected to see growth rate of 5.2%
ABB Ltd. (Switzerland), Siemens AG (Germany), Eaton Corporation (Ireland), Schneider Electric SE (France), General Electric (United States), Emerson Electric Co.(United States), Mitsubishi Electric Corporation (Japan), Fuji Electric Fa Components & Systems (Japan) and Danfoss A/S Group (United States) are some of the key players profiled in the study. Additionally, the Players which are also part of the research are Toshiba International Corporation (United States), Rockwell Automation, Inc. (United States), WEG (Brazil), Sprecher + Schuh (United States) and Greenheck Fan Corporation (United States).
The market is fragmented with numerous players. The demand for motors are expected to increase in APAC countries in future. The Combination starter manufacturers must test all combinations of starters, Contactors, overload relay and Short Circuit Protective Devices (SCPD) to produce Motor Controller Devices to remain in the market. Research Analyst at AMA predicts that United States Players will contribute to the maximum growth of Global Combination Starter market throughout the predicted period.
Segment Analysis
AdvanceMarketAnalytics has segmented the market of Global Combination Starter market by Type, Application and Region.
On the basis of application, Pumps segment is dominating the market in the year 2018
On the basis of geography, the market of Combination Starter has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). North America region held largest market share in the year 2018. Asia Pacific on the other hand stood as second largest market due to the presence of key companies into the region and high technological advancement. If we see Market by Industry, the sub-segment i.e. Oil & Gas will boost the Combination Starter market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Combination Type, the sub-segment i.e. Non-reversing will boost the Combination Starter market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Drivers
- Increasing Demand of Motors
- Growing Concern Related To Motor Control & Protection
- Demand of these Combination Starters in Electricity, Power Transmission, and Electronics
Market Trend
- Growth in Commercial and Residential Buildings Coupled
- Increasing disposal income in the market
Restraints
- High Maintenance Cost and Power Consumption
Opportunities
- Presence of Large Customer base
- Growing Infrastructural Activities in Developing Countries
Challenges
- Communication Breakdowns between the Mechanical and Electrical Trades.
In April 2017, ABB, the pioneering technology leader, announced the addition of a new vacuum contactor for switching electrical loads to the medium voltage offering, suited for a wide variety of applications requiring a high number of operations: motors, transformers, capacitor banks. Fitted with proper fuses, the ConVac vacuum contactor is suitable for applications with fault levels up to 50 kA.ConVac is the ideal solution for most demanding applications such as Motor Control Centers, soft starters and metal-enclosed capacitor bank switch gear.
Key Target Audience
Combination Starter Manufacturers, Traders/Suppliers/Distributors, Government & Regulatory Bodies, Downstream Vendors, Industry Association and Potential Investors
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