Market Size of Hazardous Location Motor Starters Industry
Study Period | 2019 - 2029 |
Base Year For Estimation | 2023 |
CAGR | 5.25 % |
Fastest Growing Market | Asia Pacific |
Largest Market | North America |
Market Concentration | Low |
Major Players*Disclaimer: Major Players sorted in no particular order |
Hazardous Location Motor Starters Market Analysis
The hazardous location motor starters market is expected to register a CAGR of 5.25% over the forecast period (2021-2026). Major offshore oil and gas developments, new oil discoveries, coupled with an increasing focus on deepwater drilling activities and rising expenditures in the water and wastewater industry, are the major opportunities for the market to grow in the future.
- Due to technological advancements, the need for integrated servo and brushless explosion-proof motors has increased, due to the growing robotic and automation technologies in industries. Majority of these robotics and automation activities are carried out in potentially explosive atmospheres, which are driving the market.
- Growing demand for instruments used for protection against thermal overload is driving the market as instantaneous over-current is usually the result of fault conditions. Bimetallic overload relay and time overcurrent relay are the motor protection relay used in high voltage area and provide various features, such as short circuit protection, locked rotor protection, etc.
- The major restraints faced by the market are related to the manufacturing of starters as they cannot withstand the most unlikely of weather conditions and corrosive environments, which is a challenge in the market.
Hazardous Location Motor Starters Industry Segmentation
The hazardous location motor starters market is growing due to technological advancements in the industry, which have led to growth in the manufacturing of explosion proof motor starters. They are used in hazardous locations where the concentration of flammable gas vapors and dust is high, with applications such as coal preparation plants, oil refineries, and chemical storages.
By Type of Motor Starter | |
Low Voltage | |
Full Voltage | |
Manual Motor Starter | |
Magnetic Motor Starter | |
Other Types of Motor Starters |
By Class | |
Class I | |
Class II | |
Class III |
By Division | |
Division 1 | |
Division 2 |
By Zone | |
Zone 0 | |
Zone 1 | |
Zone 21 | |
Zone 2 | |
Zone 22 |
By Application | |
Paint Storage Areas | |
Coal Preparation Plants | |
Sewage Treatment Plants | |
Oil Refineries | |
Chemical Storage and Handling Facilities | |
Grain Elevators | |
Petrochemical Facilities/Oil Rigs | |
Other Applications |
Geography | |
North America | |
Europe | |
Asia-Pacific | |
Latin America | |
Middle East & Africa |
Hazardous Location Motor Starters Market Size Summary
The hazardous location motor starters market is poised for growth, driven by advancements in technology and increasing industrial automation. The demand for integrated servo and brushless explosion-proof motors is rising, particularly in industries where robotics and automation are prevalent in potentially explosive environments. This trend is further supported by the growing need for instruments that protect against thermal overloads, such as bimetallic overload relays and time overcurrent relays, which are essential in high voltage areas. However, the market faces challenges due to the inability of some starters to withstand extreme weather conditions and corrosive environments, which can hinder manufacturing processes. The market is also benefiting from the expansion of coal production, with the need for spark-proof and explosion-proof motors in coal mines and storage areas driving demand.
The Asia-Pacific region is expected to experience significant growth in the hazardous location motor starters market, fueled by the discovery of new oil and gas reserves and increased industrialization in countries like India and China. The region is becoming a demand center for soft starters, which are crucial for motor protection. The presence of large refinery complexes, such as the one in Jamnagar, India, further propels market growth due to the necessity for safety and explosion-proof motors. The market is characterized by fragmentation, with numerous regional and international players competing through technological innovations and mergers and acquisitions. Key industry players include Rockwell Automation, Schneider Electric, and ABB Group, among others, who are actively developing solutions to enhance safety and efficiency in hazardous locations.
Hazardous Location Motor Starters Market Size - Table of Contents
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1. MARKET DYNAMICS
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1.1 Market Overview
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1.2 Introduction to Market Drivers and Restraints
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1.3 Market Drivers
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1.3.1 Increasing Demand for Explosion-proof Devices
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1.4 Market Restraints
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1.4.1 Manufacturing of Starters Withstanding Weather Conditions
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1.5 Value Chain Analysis
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1.6 Industry Attractiveness - Porter's Five Forces Analysis
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1.6.1 Threat of New Entrants
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1.6.2 Bargaining Power of Buyers/Consumers
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1.6.3 Bargaining Power of Suppliers
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1.6.4 Threat of Substitute Products
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1.6.5 Intensity of Competitive Rivalry
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2. MARKET SEGMENTATION
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2.1 By Type of Motor Starter
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2.1.1 Low Voltage
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2.1.2 Full Voltage
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2.1.3 Manual Motor Starter
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2.1.4 Magnetic Motor Starter
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2.1.5 Other Types of Motor Starters
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2.2 By Class
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2.2.1 Class I
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2.2.2 Class II
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2.2.3 Class III
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2.3 By Division
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2.3.1 Division 1
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2.3.2 Division 2
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2.4 By Zone
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2.4.1 Zone 0
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2.4.2 Zone 1
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2.4.3 Zone 21
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2.4.4 Zone 2
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2.4.5 Zone 22
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2.5 By Application
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2.5.1 Paint Storage Areas
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2.5.2 Coal Preparation Plants
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2.5.3 Sewage Treatment Plants
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2.5.4 Oil Refineries
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2.5.5 Chemical Storage and Handling Facilities
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2.5.6 Grain Elevators
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2.5.7 Petrochemical Facilities/Oil Rigs
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2.5.8 Other Applications
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2.6 Geography
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2.6.1 North America
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2.6.2 Europe
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2.6.3 Asia-Pacific
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2.6.4 Latin America
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2.6.5 Middle East & Africa
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Hazardous Location Motor Starters Market Size FAQs
What is the current Hazardous Location Motor Starters Market size?
The Hazardous Location Motor Starters Market is projected to register a CAGR of 5.25% during the forecast period (2024-2029)
Who are the key players in Hazardous Location Motor Starters Market?
Rockwell Automation, Schneider Electric, ABB Group, Eaton Corporation and WEG Industries are the major companies operating in the Hazardous Location Motor Starters Market.