Market Share of Latin America Hazardous Location Motor Starters Industry
The Latin American hazardous location motor starters market is highly fragmented. The significant players in the market are Schneider Electric, ABB, Eaton, General Electric, and Rockwell Automation, Inc.
- January 2022- Franklin Electric acquired Groundwater Distribution company. The acquisition boosts the overall competency to meet the tough water demands of Latin America and also offers solutions of groundwater pumping systems for submersible motors and submersible water pumps, as the usage of clean water unlocks the doors for motor starters market growth.
- November 2021 - The acquisition of GE Industrial Solutions enhanced the ABB Electrification Services Offerings. Earlier, ABB'S Service had fewer than 30 field engineers present for low- and medium-voltage power distribution systems. GE's offering services are extensive, with more than 250 field engineers. In a way, this acquisition scaled both the companies in innovating the power delivery equipment operating under low and medium voltages with the advanced technologies.
Latin America Hazardous Location Motor Starters Market Leaders
Schneider Electric
ABB
Eaton
General Electric
Rockwell Automation, Inc.
*Disclaimer: Major Players sorted in no particular order
