The report "Combination Starter Market - Global Forecast and Trends to 2020", The combination starter market is projected to grow from an estimated USD 687.1 Million in 2015 to USD 926.6 Million by 2020, registering a CAGR of 5.19% from 2015 to 2020. The increasing demand for pumps in industries, growing concerns regarding motor control and protection, and increasing infrastructural development in developing regions are driving the global combination starter market.

Browse 71 market data tables with 52 figures across 152 pages and in-depth TOC on Combination Starter Market - Global Forecast and Trends to 2020.

http://www.marketsandmarkets.com/Market-Reports/combination-starter-market-264571039.html

Early buyers will receive 10% customization on report

In this report, the combination starter market has been categorized into two major types: non-reversible and reversible. The demand for non-reversible combination starters is higher than that of reversible combination starters. The former is estimated to account for 79% of the total combination starter market. The former is more widely used, as the vast majority of applications require unidirectional motion from the motors.

Download FREE Sample Pages@

http://www.marketsandmarkets.com/requestsample.asp?id=264571039

The report also segments the combination starter market on the basis of its applications; these include pumps, fans, compressors, conveyors, and other applications. Pumps constitute the largest application market, as the majority of motors employed in industries are used to run pumps. Fans and compressors are also major applications that require combination starters.

In this report, the combination starter market has been analyzed with respect to five regions namely, Asia-Pacific, Europe, North America, South America, and the Middle East & Africa. The combination starter industry is expanding in developing countries, owing to the increasing industrialization and infrastructural development activities. Asia-Pacific and Europe are expected to dominate the market, growing at CAGRs of 5.32% and 5.20% respectively from 2015 to 2020. Growing concerns regarding motor control and protection and the low cost and compact nature of the device are major factors driving the combination starter market.

The figure below depicts the combination starter market on the basis of region for the year 2014.

Combination Starter Market

To provide an in-depth analysis of the competitive landscape, the report includes profiles of some of the leading players in the combination starter market. These include ABB Ltd. (Switzerland), Siemens AG (Germany), Schneider Electric (France), Eaton Corporation (Ireland), and General Electric Company (U.S.). Key players are trying to penetrate developing economies, and are adopting various methods to gain traction in the market.

 

The report also includes a market share analysis, by revenue, of the top companies. The scope of the report enables market participants to identify high-growth markets and helps in taking key investment decisions. Major players in the combination starter market have been identified using various primary and secondary sources, which include annual reports of top market players and interviews with key opinion leaders such as CEOs, directors, and marketing staff. Based on this research, market shares have been evaluated and validated.

About MarketsandMarkets

MarketsandMarkets is world’s No. 2 firm in terms of annually published premium market research reports. Serving 1700 global fortune enterprises with more than 1200 premium studies in a year, M&M is catering to multitude of clients across 8 different industrial verticals. We specialize in consulting assignments and business research across high growth markets, cutting edge technologies and newer applications. Our 850 fulltime analyst and SMEs at MarketsandMarkets are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors.

M&M’s flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets. The new included chapters on Methodology and Benchmarking presented with high quality analytical infographics in our reports gives complete visibility of how the numbers have been arrived and defend the accuracy of the numbers.

We at MarketsandMarkets are inspired to help our clients grow by providing apt business insight with our huge market intelligence repository.

Contact:

Mr. Rohan

Markets and Markets

UNIT no 802, Tower no. 7, SEZ

Magarpatta city, Hadapsar

Pune, Maharashtra 411013, India

1-888-600-6441

Email: sales@marketsandmarkets.com