Forecast of Global Motor Soft Starter Market 2023

Global Motor Soft Starter market will register a 1.9% CAGR in terms of revenue, reach US$ 1370 million by 2023, from US$ 1220 million in 2017. Motor soft starter is a device used with AC electrical motors to temporarily reduce the load and torque in the power train and electric current surge of the motor during start-up.