Motor Starter Market size to cross USD 12 Billion by 2034

Selbyville, DE. - The global motor starter market was estimated at USD 7.4 billion in 2024 and is expected to grow from USD 7.8 billion in 2025 to USD 12 billion by 2034, at a CAGR of 5%, as per the latest report published by Global Market Insights Inc.  

With a strong focus on energy savings and reducing operational costs, industries are investing in advanced motor starters, especially soft starters and intelligent starters that help reduce power surges, manage load, and enhance motor efficiency.

Key Insights:

Market Size & Growth:

• 2024 Market Size: USD 7.4 billion  
• 2025 Market Size: USD 7.8 billion  
• 2034 Forecast Market Size: USD 12 billion  
• CAGR (2025–2034): 5%  

• Largest Market: Asia Pacific  
• Fastest Growing Market: Middle East & Africa  
• Emerging Country: India  

1. Growing industrial automation across sectors: The rise of Industry 4.0 and the increasing integration of automation in manufacturing, oil & gas, and mining sectors are driving demand for motor starters to control and protect electric motors in automated processes.  
2. Infrastructure development and urbanization: Rapid urbanization and infrastructure expansion, especially in transportation, water treatment, and building automation, are creating new opportunities for motor starters in pumps, fans, HVAC systems, and elevators.  
3. Growing use of electric motors in renewable energy and EV sectors: Motor starters are essential components in systems where electric motors play a critical role, such as solar trackers, wind turbines, and electric vehicle production lines.  
4. Stringent safety and regulatory standards: Compliance with global and regional motor safety standards (such as IEC, NEMA) is pushing end-users to adopt modern starters that offer protection against overloads, phase failure, and electrical faults in mission-critical applications.  
5. Technological advancements in smart starters: The emergence of intelligent motor starters equipped with diagnostics, remote control capabilities, and real-time monitoring is transforming how motors are managed, offering enhanced control, reduced downtime, and better predictive maintenance, key incentives for industrial buyers.  

• Schneider Electric led the market with over 16.5 % share in 2024.  
• Some of the top players in this market include GE Vernova, Schneider Electric, Eaton, ABB, Siemens, which together held a 45% share in 2024.  

1. Intense market competition and price pressure: The motor starter market is highly competitive, with numerous global and regional players offering similar products.  
2. Integration with smart and automated systems: As industries shift toward smart manufacturing and automated operations, motor starters must integrate seamlessly with PLCs, SCADA systems, and IoT platforms.  
3. High initial cost for advanced starters: While soft starters and intelligent motor starters offer long-term energy savings and motor protection, their upfront cost is significantly higher than traditional models.  
4. Fluctuations in raw material prices: The production of motor starters relies heavily on metals like copper, aluminum, and steel.  
5. Limited awareness in emerging markets: In developing regions, many industries still rely on basic or outdated motor control technologies due to a lack of awareness about the benefits of modern motor starters.  

Browse key industry insights spread across 220 pages with 48 market data tables and figures from the report, “Motor Starter Market Size - By Product, By Protection System, By Control System, By Voltage, By Current, By Application, By End Use, Growth Forecast, 2025 - 2034” in detail, along with the table of contents:  

https://www.gminsights.com/industry-analysis/motor-starter-market  

Variable Frequency Drives to Gain Traction

The variable frequency drives (VFD) segment held a significant share in 2024, owing to its superior energy efficiency, precise motor control, and reduced mechanical stress on equipment. VFDs not only regulate motor speed but also help extend motor life and lower energy consumption, making them a preferred choice across industries such as HVAC, oil & gas, and water treatment.  

Rising Adoption of Low Voltage

The low voltage held a sizeable share in 2024, driven by its widespread use in commercial buildings, small-scale manufacturing, and infrastructure applications. These starters are ideal for controlling motors in systems with voltage ratings typically below 1,000V, including pumps, compressors, and conveyors.  

Asia Pacific to Emerge as a Propelling Region

Asia Pacific motor starter market held a sustainable share in 2024, fueled by booming industrialization, rising investments in infrastructure, and growing energy demand across countries like China, India, and Southeast Asia. This region accounts for a significant share of global motor installations, particularly in manufacturing, construction, and utilities.  

Major players in the motor starter market are CHINT Group, Emerson Electric, LOVATO ELECTRIC, Kalp Controls, GE Vernova, Rockwell Automation, Mitsubishi Electric, C&S Electric, Siemens, Phoenix Contact, Fuji Electric, LS ELECTRIC, WEG, c3controls, Havells India, ABB, CORDYNE, Lauritz Knudsen Electrical & Automation, Danfoss, Schneider Electric, CG Power & Industrial Solutions, Eaton, Omron Corporation, SKN-BENTEX.  

To expand their presence, leading players in the motor starter market are focusing on product innovation, digital integration, and strategic partnerships. Many are developing smart starters with built-in connectivity, allowing remote monitoring, diagnostics, and seamless integration with industrial control systems. Others are expanding their global footprint by establishing manufacturing hubs and R&D centers in high-growth regions like the Asia Pacific and Latin America.  

In addition, companies are strengthening their service networks, offering end-to-end support that includes commissioning, maintenance, and training to enhance customer loyalty. Tailored pricing strategies, vertical-specific product lines, and aggressive marketing in emerging markets are also being deployed to capture untapped demand.