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Retrofitting Drives New Opportunities in Mature Markets
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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