5 Motor Soft Starter Players in North America, Europe, Asia-Pacific, South America, Middle East and Africa
Motor soft starter is a device used with AC electrical motors to temporarily reduce the load and torque in the power train and electric current surge of the motor during start-up. Recent years, the sales of Motor Soft Starter industry are largely affected by the world economy. To the technology, the China market has a certain development space, but the popular Inverter in China made Motor Soft Starter market suffers greater pressure. About the price , the High-end automation products is expensive than the most commonly used products; the price of product from different manufacturers is very different, Europe and US’s product is expensive than Japan and China. Usually, EU and US’s product price is several times than domestic product. Over the next five years, LPI(LP Information) projects that Motor Soft Starter will register a 1.9% CAGR in terms of revenue, reach US$ 1370 million by 2023, from US$ 1220 million in 2017. This report studies the global ma...