Hazardous Location Motor Starters Market

Hazardous Location Motor Starters Market by Type of Motor Starter (Magnetic Motor Starter, Full Voltage, Low Voltage, and Manual Motor Starter), Application (Oil Rigs & Petrochemical Facilities, Handling Facilities & Chemical Storage, Sewage Treatment Plants, Grain Elevators, Paint Storage Areas, Oil Refineries, Coal Preparation Plants, and Others), Class (Class I, Class II, and Class III), Zone (Zone 22, Zone 0, Zone 2, Zone 1, and Zone 21), Divisions (Division 1 and Division 2), and Regions (Asia Pacific, North America, Latin America, Europe, and Middle East & Africa)–Global Industry Analysis, Growth, Share, Size, Trends, and Forecast 2021–2028

  • Report ID: CM-1860
  • Author: Growth Market Reports
  • Rating: 4.8
  • Total Reviews: 2
  • No. Of Pages: 174
  • Format:
  • Pub. Date: Upcoming
  • Share:

The hazardous location motor starters market size is anticipated to expand at significant CAGR during forecast period 2021–2028. Growth of the market is attributed to rising adoption of superior motor starter technologies, rapid development in petrochemical industry, and increasing need for safety instruments in refinery.

Hazardous Location Motor Starters Market summary

Motor starters are used to protect the motor from overloads & overheating and to start it on time. The magnetic combination starters are used in hazardous location such as where there is ignitable vapors, dusts and gases. For starting and stopping motor safely the electromagnetically operated switch is present in magnetic motor starters.

The Covid-19 pandemic affected the demand and supply of hazardous location motor starters market. Lockdown across the globe, supply chain disorders, and oscillating supply of raw materials forced manufacturers to shut down production leading to unfortunate decline in market growth. Launch of vaccines to combat the Covid-19 pandemic is expected to contribute to the market growth over the forecast period.

Market Trends, Drivers, Restraints, and Opportunities

  • Increasing demand for thermal overload protection instruments is projected to boost the market in the coming years.
  • Rapid development in automation and robotic industry are major factor fueling the market during the forecast period.
  • High cost of motor starters is anticipated to hamper market growth.
  • Lack of awareness about motor starters is projected to hamper the market growth in the coming years.
  • R&D investment and technological advancement in hazardous location motor starters is projected to create lucrative opportunities for the market players.

Scope of the Report

The report on the hazardous location motor starters market includes an assessment of the market, trends, segments, and regional markets. Overview and dynamics have also been included in the report.

Attributes

Details

Report Title

Hazardous Location Motor Starters Market–Global Industry Analysis, Growth, Share, Size, Trends, and Forecast

Base Year

2020

Historic Data

2018-2019

Forecast Period

2021-2028

Segmentation

Type of Motor Starter (Magnetic Motor Starter, Full Voltage, Low Voltage, and Manual Motor Starter), Application (Oil Rigs & Petrochemical Facilities, Handling Facilities & Chemical Storage, Sewage Treatment Plants, Grain Elevators, Paint Storage Areas, Oil Refineries, Coal Preparation Plants, and Others), Class (Class I, Class II, and Class III), Zone (Zone 22, Zone 0, Zone 2, Zone 1, and Zone 21), and Divisions (Division 1 and Division 2)

Regional Scope

Asia Pacific, North America, Latin America, Europe, and Middle East & Africa

Report Coverage

Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast

Key Players covered in the Report

GE Industrial Solutions; Siemens; Heatrex Inc.; Rockwell Automation; Emerson Industrial Automation; Eaton Corp.; WEG Industries; ABB Group; Schneider Electronics; and R. Stahl Inc.

Market Segment Insights

The coal preparation plants segment accounts for a key share of the market

Based on applications, the hazardous location motor starters market is divided into oil rigs & petrochemical facilities, handling facilities & chemical storage, sewage treatment plants, grain elevators, paint storage areas, oil refineries, coal preparation plants, and others. The coal preparation plants segment accounts for a key share of the market. Growth of the market is attributed to increasing per capita income and rising investment by private sector. However, the oil rigs & petrochemical facilities are anticipated to expand at a rapid pace during the forecast period due to rising discoveries of new gas & oil reserves and rapid urbanization.

Hazardous Location Motor Starters Market applications

The manual motor starter segment is anticipated to hold significant market share during the forecast period

On the basis of type of motor starter, the market is fragmented into magnetic motor starter, full voltage, low voltage, and manual motor starter. The manual motor starter segment is anticipated to hold a significant market share during the forecast period. Growth of the market is attributed to rapidly growing economy and increasing number of exploration activities. However, the magnetic motor starter segment is anticipated to expand at a rapid pace during the forecast period due to factors such as rising population and increasing purchasing power of individuals.

Hazardous Location Motor Starters Market types

The class III segment accounts for major share of the market

Based on class, the hazardous location motor starters market is categorized into class I, class II, and class III. The class III segment accounts for major share of the market. Growth of the market is attributed to technological advancement in hazardous location motor sector. The class I segment is anticipated to expand at a rapid pace during the forecast period due to factors such as rising need for brushless explosion proof motors.

The zone 22 segment is projected to hold a key market share during the forecast period

On the basis of zone, the market is divided into zone 22, zone 0, zone 2, zone 1, and zone 21. The zone 22 segment is projected to hold the key market share during the forecast period. Growth of the market is attributed to growing demand for coal production. However, the zone 2 segment is anticipated to expand at a rapid pace during the forecast period due to factors such as increasing number of drilling activities.

The division 1 segment accounts for a key share of the market

Based on divisions, the hazardous location motor starters market is bifurcated into division 1 and division 2. The division 1 segment accounts for a key share of the market. Growth of the market is attributed to presence of major market players and increasing research & development activities in motor sector. The division 2 segment is anticipated to expand at a rapid pace during the forecast period due to factors such as rising need for safety in oil refinery.

North America is estimated to hold major market share

On the basis of region, the hazardous location motor starters market is categorized as Asia Pacific, North America, Latin America, Europe, and Middle East & Africa. The market of Asia Pacific is anticipated to expand at a high CAGR during the forecast period due to increasing technological innovation in grain elevators and increasing investment by private sector. The market of North America is expected to hold major market share due to rapid development in aviation industry and rising adoption of superior technologies.

Hazardous Location Motor Starters Market region

Segments

Segments Covered in the Report
The hazardous location motor starters market has been segmented on the basis of
Types of Motor Starter

  • Magnetic Motor Starter
  • Full Voltage
  • Low Voltage
  • Manual Motor Starter

Applications

  • Oil Rigs & Petrochemical Facilities
  • Handling Facilities & Chemical Storage
  • Sewage Treatment Plants
  • Grain Elevators
  • Paint Storage Areas
  • Oil Refineries
  • Coal Preparation Plants
  • Others

Class

  • Class I
  • Class II
  • Class III

Zone

  • Zone 22
  • Zone 0
  • Zone 2
  • Zone 1
  • Zone 21

Divisions

  • Division 1
  • Division 2

Region

  • Asia Pacific
  • North America
  • Latin America
  • Europe
  • Middle East & Africa

Key Players

  • GE Industrial Solutions
  • Siemens
  • Heatrex Inc.
  • Rockwell Automation
  • Emerson Industrial Automation
  • Eaton Corp.
  • WEG Industries
  • ABB Group
  • Schneider Electronics
  • R. Stahl Inc.

 

Competitive Landscape

Key players competing in the hazardous location motor starters market include GE Industrial Solutions; Siemens; Heatrex Inc.; Rockwell Automation; Emerson Industrial Automation; Eaton Corp.; WEG Industries; ABB Group; Schneider Electronics; and R. Stahl Inc.

Some of these players are using several market strategies such as acquisitions, merger, collaborations, partnerships, capacity expansion, and product launches to enhance their market shares and rise their production line of the business in the coming years.

Hazardous Location Motor Starters Market keyplayer

1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Hazardous Location Motor Starters Market Overview
  4.1. Introduction
     4.1.1. Market Taxonomy
     4.1.2. Market Definition
  4.2. Macro-Economic Factors
     4.2.1. Industry Outlook
  4.3. Hazardous Location Motor Starters Market Dynamics
     4.3.1. Market Drivers
     4.3.2. Market Restraints
     4.3.3. Opportunity
     4.3.4. Market Trends
  4.4. Hazardous Location Motor Starters Market - Supply Chain
  4.5. Global Hazardous Location Motor Starters Market Forecast
     4.5.1. Hazardous Location Motor Starters Market Size (US$ Mn) and Y-o-Y Growth
     4.5.2. Hazardous Location Motor Starters Market Size (000’ Units) and Y-o-Y Growth
     4.5.3. Hazardous Location Motor Starters Market Absolute $ Opportunity
5. Global Hazardous Location Motor Starters Market Analysis and Forecast by Types
  5.1. Market Trends
  5.2. Introduction
     5.2.1. Basis Point Share (BPS) Analysis by Types
     5.2.2. Y-o-Y Growth Projections by Types
  5.3. Hazardous Location Motor Starters Market Size and Volume Forecast by Types
     5.3.1. Magnetic Motor Starter
     5.3.2. Full Voltage
     5.3.3. Low Voltage
     5.3.4. Manual Motor Starter
  5.4. Absolute $ Opportunity Assessment by Types
  5.5. Market Attractiveness/Growth Potential Analysis by Types
6. Global Hazardous Location Motor Starters Market Analysis and Forecast by Region
  6.1. Market Trends
  6.2. Introduction
     6.2.1. Basis Point Share (BPS) Analysis by Region
     6.2.2. Y-o-Y Growth Projections by Region
  6.3. Hazardous Location Motor Starters Market Size and Volume Forecast by Region
     6.3.1. North America
     6.3.2. Latin America
     6.3.3. Europe
     6.3.4. Asia Pacific
     6.3.5. Middle East and Africa (MEA)
  6.4. Absolute $ Opportunity Assessment by Region
  6.5. Market Attractiveness/Growth Potential Analysis by Region
  6.6. Global Hazardous Location Motor Starters Demand Share Forecast, 2019-2026
7. North America Hazardous Location Motor Starters Market Analysis and Forecast
  7.1. Introduction
     7.1.1. Basis Point Share (BPS) Analysis by Country
     7.1.2. Y-o-Y Growth Projections by Country
  7.2. North America Hazardous Location Motor Starters Market Size and Volume Forecast by Country
     7.2.1. U.S.
     7.2.2. Canada
  7.3. Absolute $ Opportunity Assessment by Country
  7.4. North America Hazardous Location Motor Starters Market Size and Volume Forecast by Types
     7.4.1. Magnetic Motor Starter
     7.4.2. Full Voltage
     7.4.3. Low Voltage
     7.4.4. Manual Motor Starter
  7.5. Basis Point Share (BPS) Analysis by Types
  7.6. Y-o-Y Growth Projections by Types
  7.7. Market Attractiveness/Growth Potential Analysis
     7.7.1. By Country
     7.7.2. By Product Type
     7.7.3. By Application
  7.8. North America Hazardous Location Motor Starters Demand Share Forecast, 2019-2026
8. Latin America Hazardous Location Motor Starters Market Analysis and Forecast
  8.1. Introduction
     8.1.1. Basis Point Share (BPS) Analysis by Country
     8.1.2. Y-o-Y Growth Projections by Country
     8.1.3. Latin America Average Pricing Analysis
  8.2. Latin America Hazardous Location Motor Starters Market Size and Volume Forecast by Country
      8.2.1. Brazil
      8.2.2. Mexico
      8.2.3. Rest of Latin America
   8.3. Absolute $ Opportunity Assessment by Country
  8.4. Latin America Hazardous Location Motor Starters Market Size and Volume Forecast by Types
     8.4.1. Magnetic Motor Starter
     8.4.2. Full Voltage
     8.4.3. Low Voltage
     8.4.4. Manual Motor Starter
  8.5. Basis Point Share (BPS) Analysis by Types
  8.6. Y-o-Y Growth Projections by Types
  8.7. Market Attractiveness/Growth Potential Analysis
     8.7.1. By Country
     8.7.2. By Product Type
     8.7.3. By Application
  8.8. Latin America Hazardous Location Motor Starters Demand Share Forecast, 2019-2026
9. Europe Hazardous Location Motor Starters Market Analysis and Forecast
  9.1. Introduction
     9.1.1. Basis Point Share (BPS) Analysis by Country
     9.1.2. Y-o-Y Growth Projections by Country
     9.1.3. Europe Average Pricing Analysis
  9.2. Europe Hazardous Location Motor Starters Market Size and Volume Forecast by Country
     9.2.1. Germany
     9.2.2. France
     9.2.3. Italy
     9.2.4. U.K.
     9.2.5. Spain
     9.2.6. Russia
     9.2.7. Rest of Europe
  9.3. Absolute $ Opportunity Assessment by Country
  9.4. Europe Hazardous Location Motor Starters Market Size and Volume Forecast by Types
     9.4.1. Magnetic Motor Starter
     9.4.2. Full Voltage
     9.4.3. Low Voltage
     9.4.4. Manual Motor Starter
  9.5. Basis Point Share (BPS) Analysis by Types
  9.6. Y-o-Y Growth Projections by Types
  9.7. Market Attractiveness/Growth Potential Analysis
     9.7.1. By Country
     9.7.2. By Product Type
     9.7.3. By Application
  9.8. Europe Hazardous Location Motor Starters Demand Share Forecast, 2019-2026
10. Asia Pacific Hazardous Location Motor Starters Market Analysis and Forecast
  10.1. Introduction
     10.1.1. Basis Point Share (BPS) Analysis by Country
     10.1.2. Y-o-Y Growth Projections by Country
     10.1.3. Asia Pacific Average Pricing Analysis
  10.2. Asia Pacific Hazardous Location Motor Starters Market Size and Volume Forecast by Country
     10.2.1. China
     10.2.2. Japan
     10.2.3. South Korea
     10.2.4. India
     10.2.5. Australia
     10.2.6. Rest of Asia Pacific (APAC)
  10.3. Absolute $ Opportunity Assessment by Country
  10.4. Asia Pacific Hazardous Location Motor Starters Market Size and Volume Forecast by Types
     10.4.1. Magnetic Motor Starter
     10.4.2. Full Voltage
     10.4.3. Low Voltage
     10.4.4. Manual Motor Starter
  10.5. Basis Point Share (BPS) Analysis by Types
  10.6. Y-o-Y Growth Projections by Types
  10.7. Market Attractiveness/Growth Potential Analysis
     10.7.1. By Country
     10.7.2. By Product Type
     10.7.3. By Application
  10.8. Asia Pacific Hazardous Location Motor Starters Demand Share Forecast, 2019-2026
11. Middle East & Africa Hazardous Location Motor Starters Market Analysis and Forecast
  11.1. Introduction
     11.1.1. Basis Point Share (BPS) Analysis by Country
     11.1.2. Y-o-Y Growth Projections by Country
     11.1.3. Middle East & Africa Average Pricing Analysis
  11.2. Middle East & Africa Hazardous Location Motor Starters Market Size and Volume Forecast by Country
     11.2.1. Saudi Arabia
     11.2.2. South Africa
     11.2.3. UAE
     11.2.4. Rest of Middle East & Africa (MEA)
  11.3. Absolute $ Opportunity Assessment by Country
  11.4. Middle East & Africa Hazardous Location Motor Starters Market Size and Volume Forecast by Types
     11.4.1. Magnetic Motor Starter
     11.4.2. Full Voltage
     11.4.3. Low Voltage
     11.4.4. Manual Motor Starter
  11.5. Basis Point Share (BPS) Analysis by Types
  11.6. Y-o-Y Growth Projections by Types
  11.7. Market Attractiveness/Growth Potential Analysis
     11.7.1. By Country
     11.7.2. By Product Type
     11.7.3. By Application
  11.8. Middle East & Africa Hazardous Location Motor Starters Demand Share Forecast, 2019-2026
12. Competition Landscape
  12.1. Global Hazardous Location Motor Starters Market: Market Share Analysis
  12.2. Hazardous Location Motor Starters Distributors and Customers
  12.3. Hazardous Location Motor Starters Market: Competitive Dashboard
  12.4. Company Profiles (Details: Overview, Financials, Developments, Strategy)
     12.4.1. GE Industrial Solutions
     12.4.2. Siemens
     12.4.3. Heatrex Inc.
     12.4.4. Rockwell Automation
     12.4.5. Emerson Industrial Automation
     12.4.6. Eaton Corp.
     12.4.7. WEG Industries
     12.4.8. ABB Group

Segments Covered in the Report
The hazardous location motor starters market has been segmented on the basis of
Types of Motor Starter

  • Magnetic Motor Starter
  • Full Voltage
  • Low Voltage
  • Manual Motor Starter

Applications

  • Oil Rigs & Petrochemical Facilities
  • Handling Facilities & Chemical Storage
  • Sewage Treatment Plants
  • Grain Elevators
  • Paint Storage Areas
  • Oil Refineries
  • Coal Preparation Plants
  • Others

Class

  • Class I
  • Class II
  • Class III

Zone

  • Zone 22
  • Zone 0
  • Zone 2
  • Zone 1
  • Zone 21

Divisions

  • Division 1
  • Division 2

Region

  • Asia Pacific
  • North America
  • Latin America
  • Europe
  • Middle East & Africa

Key Players

  • GE Industrial Solutions
  • Siemens
  • Heatrex Inc.
  • Rockwell Automation
  • Emerson Industrial Automation
  • Eaton Corp.
  • WEG Industries
  • ABB Group
  • Schneider Electronics
  • R. Stahl Inc.

 

Key players competing in the hazardous location motor starters market include GE Industrial Solutions; Siemens; Heatrex Inc.; Rockwell Automation; Emerson Industrial Automation; Eaton Corp.; WEG Industries; ABB Group; Schneider Electronics; and R. Stahl Inc.

Some of these players are using several market strategies such as acquisitions, merger, collaborations, partnerships, capacity expansion, and product launches to enhance their market shares and rise their production line of the business in the coming years.

Hazardous Location Motor Starters Market keyplayer

Buy Report