Retrofitting Drives New Opportunities in Mature Markets

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2025-06-23 10:53:24

The global Motor Soft Starter Market is expected to grow from USD 2.4 billion in 2022 to approximately USD 4.5 billion by 2032, expanding at a CAGR of 6.6% during the forecast period. With growing demand for energy-efficient motor control, industrial automation, and the integration of smart manufacturing systems, soft starters are increasingly favored for reducing mechanical stress and managing...

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