Motor Protection Global Market to Reach $7.4 Billion by 2030 – Deepwater Investments to Drive Demand for Motor Protection Devices

DUBLIN, Feb. 17, 2023 /PRNewswire/ — The “Motor Protection: Global Strategic Business Report” report has been added to’s offering.

The global market for Motor Protection estimated at US$5.3 Billion in the year 2022, is projected to reach a revised size of US$7.4 Billion by 2030, growing at a CAGR of 4.3% over the analysis period 2022-2030.

Overload Relays, one of the segments analyzed in the report, is projected to record a 4.8% CAGR and reach US$3.3 Billion by the end of the analysis period.

Taking into account the ongoing post pandemic recovery, growth in the Vacuum Contactors segment is readjusted to a revised 4.2% CAGR for the next 8-year period.

The U.S. Market is Estimated at $1.4 Billion, While China is Forecast to Grow at 7.3% CAGR

The Motor Protection market in the U.S. is estimated at US$1.4 Billion in the year 2022. China, the world’s second largest economy, is forecast to reach a projected market size of US$1.6 Billion by the year 2030 trailing a CAGR of 7.3% over the analysis period 2022 to 2030.

Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 1.3% and 4.8% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 2.2% CAGR. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$984.9 Million by the year 2030.

Select Competitors (Total 44 Featured) –

  • ABB Group
  • Danfoss A/S
  • Eaton Corporation PLC
  • Fuji Electric Co., Ltd.
  • General Electric Company
  • Larsen & Toubro Ltd.
  • Mitsubishi Electric Corporation
  • Schneider Electric SA
  • Siemens AG
  • Toshiba International Corporation (TIC)

What`s New for 2023?

  • Special coverage on RussiaUkraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
  • Global competitiveness and key competitor percentage market shares
  • Market presence across multiple geographies – Strong/Active/Niche/Trivial
  • Online interactive peer-to-peer collaborative bespoke updates
  • Access to digital archives and Research Platform
  • Complimentary updates for one year

Key Topics Covered:




  • Influencer Market Insights
  • World Market Trajectories
  • Motor Protection – Global Key Competitors Percentage Market Share in 2022 (E)
  • Impact of Covid-19 and a Looming Global Recession
  • Competitive Market Presence – Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)
  • Introduction
  • Major Requirements for Efficient Motor Management
  • Product Definitions
  • Motor Protection Circuit Breaker Product Overview
  • Combination Starters
  • Vacuum contactor
  • Overload Relays



  • Use of Variable Frequency Drives Demand for Motor Protection Solutions
  • Motor Protection in Oil & Gas Industry
  • Advances in Motor Protection
  • Rise in Demand for High Power Motor Protection Devices
  • Deepwater Investments to Drive Demand for Motor Protection Devices
  • Increasing Demand for Motors from Diverse Industries Drive Growth Momentum




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SOURCE Research and Markets