The global inverter duty motors market is expected to grow at a CAGR of 4.5% during the forecast period, to reach USD 3.2 billion by 2030. The growth of this market is driven by the increasing demand for inverter duty motors in various applications such as metal and mining, pulp and paper, food and drink, etc Inverter duty motors are used in various applications due to their high efficiency and low maintenance cost.
The global inverter duty motors market is segmented on the basis of type into fan, extruding machine, conveyor; on the basis of application into metals & mining, pulp & paper, food & drink; and on the basis of region into North America (NA), Latin America (LA), Europe (EU), Asia Pacific (APAC) and Middle East & Africa (MEA). The NA region has been dominating this market with a share of over 50%. This can be attributed to its high adoption rate in various industries such as metal & mining industry which accounts for over 40% share in this region followed by pulp & paper industry which accounts for around 30%.
Some Of The Growth Factors Of This Market:
- Inverter Duty Motors are used in a wide range of applications, including electric vehicles, trains, and ships.
- The use of inverter duty motors is expected to grow as the demand for electric vehicles increases.
- The use of inverter duty motors is expected to grow as the demand for electric trains and ships increases.
- Inverter Duty Motors are more efficient than other types of motors because they can be controlled by an electronic circuit that regulates the speed and torque output based on load requirements or other factors such as temperature or voltage fluctuations in the power supply system.
- Inverter Duty Motors have a higher initial cost than other types of motors but they also have a longer lifespan.
Industry Growth Insights published a new data on “Inverter Duty Motors Market”. The research report is titled “Inverter Duty Motors Market research by Types (Fan, Extruding Machine, Conveyor, Other), By Applications (Metals & mining, Pulp & paper, Food and drink, other), By Players/Companies REGAL BELOIT, ROCKWELL AUTOMATION, ABB, SIEMENS, GENERAL ELECTRIC COMPANY (GE), BISON GEAR AND ENGINEERING, HAVELLS INDIA, NIDEC, CROMPTON GREAVES, ADLEE POWERTRONIC, NORD DRIVESYSTEMS, WEG SA”.
Scope Of The Report
Report Attributes
Report Details
Report Title
Inverter Duty Motors Market Research Report
By Type
Fan, Extruding Machine, Conveyor, Other
By Application
Metals & mining, Pulp & paper, Food and drink, other
By Companies
REGAL BELOIT, ROCKWELL AUTOMATION, ABB, SIEMENS, GENERAL ELECTRIC COMPANY (GE), BISON GEAR AND ENGINEERING, HAVELLS INDIA, NIDEC, CROMPTON GREAVES, ADLEE POWERTRONIC, NORD DRIVESYSTEMS, WEG SA
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
246
Number of Tables & Figures
173
Customization Available
Yes, the report can be customized as per your need.
Global Inverter Duty Motors Market Report Segments:
The global Inverter Duty Motors market is segmented on the basis of:
Types
Fan, Extruding Machine, Conveyor, Other
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Metals & mining, Pulp & paper, Food and drink, other
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- REGAL BELOIT
- ROCKWELL AUTOMATION
- ABB
- SIEMENS
- GENERAL ELECTRIC COMPANY (GE)
- BISON GEAR AND ENGINEERING
- HAVELLS INDIA
- NIDEC
- CROMPTON GREAVES
- ADLEE POWERTRONIC
- NORD DRIVESYSTEMS
- WEG SA
Highlights of The Inverter Duty Motors Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Fan
- Extruding Machine
- Conveyor
- Other
- By Application:
- Metals & mining
- Pulp & paper
- Food and drink
- other
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Inverter Duty Motors Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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- Correctly Positioning New Products
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- Product & Brand Management
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
An inverter duty motor is a type of electric motor that uses an inverter to change the direction of current. Inverters are typically used in applications where high power and/or low speed requirements exist, such as in industrial machinery or vehicles.
Some of the key players operating in the inverter duty motors market are REGAL BELOIT, ROCKWELL AUTOMATION, ABB, SIEMENS, GENERAL ELECTRIC COMPANY (GE), BISON GEAR AND ENGINEERING, HAVELLS INDIA, NIDEC, CROMPTON GREAVES, ADLEE POWERTRONIC, NORD DRIVESYSTEMS, WEG SA.
The inverter duty motors market is expected to grow at a compound annual growth rate of 4.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Inverter Duty Motors Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Inverter Duty Motors Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Inverter Duty Motors Market - Supply Chain
4.5. Global Inverter Duty Motors Market Forecast
4.5.1. Inverter Duty Motors Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Inverter Duty Motors Market Size (000 Units) and Y-o-Y Growth
4.5.3. Inverter Duty Motors Market Absolute $ Opportunity
5. Global Inverter Duty Motors Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Inverter Duty Motors Market Size and Volume Forecast by Type
5.3.1. Fan
5.3.2. Extruding Machine
5.3.3. Conveyor
5.3.4. Other
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Inverter Duty Motors Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Inverter Duty Motors Market Size and Volume Forecast by Application
6.3.1. Metals & mining
6.3.2. Pulp & paper
6.3.3. Food and drink
6.3.4. other
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Inverter Duty Motors Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Inverter Duty Motors Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Inverter Duty Motors Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Inverter Duty Motors Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Inverter Duty Motors Demand Share Forecast, 2019-2026
9. North America Inverter Duty Motors Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Inverter Duty Motors Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Inverter Duty Motors Market Size and Volume Forecast by Application
9.4.1. Metals & mining
9.4.2. Pulp & paper
9.4.3. Food and drink
9.4.4. other
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Inverter Duty Motors Market Size and Volume Forecast by Type
9.7.1. Fan
9.7.2. Extruding Machine
9.7.3. Conveyor
9.7.4. Other
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Inverter Duty Motors Demand Share Forecast, 2019-2026
10. Latin America Inverter Duty Motors Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Inverter Duty Motors Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Inverter Duty Motors Market Size and Volume Forecast by Application
10.4.1. Metals & mining
10.4.2. Pulp & paper
10.4.3. Food and drink
10.4.4. other
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Inverter Duty Motors Market Size and Volume Forecast by Type
10.7.1. Fan
10.7.2. Extruding Machine
10.7.3. Conveyor
10.7.4. Other
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Inverter Duty Motors Demand Share Forecast, 2019-2026
11. Europe Inverter Duty Motors Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Inverter Duty Motors Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Inverter Duty Motors Market Size and Volume Forecast by Application
11.4.1. Metals & mining
11.4.2. Pulp & paper
11.4.3. Food and drink
11.4.4. other
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Inverter Duty Motors Market Size and Volume Forecast by Type
11.7.1. Fan
11.7.2. Extruding Machine
11.7.3. Conveyor
11.7.4. Other
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Inverter Duty Motors Demand Share, 2019-2026
12. Asia Pacific Inverter Duty Motors Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Inverter Duty Motors Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Inverter Duty Motors Market Size and Volume Forecast by Application
12.4.1. Metals & mining
12.4.2. Pulp & paper
12.4.3. Food and drink
12.4.4. other
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Inverter Duty Motors Market Size and Volume Forecast by Type
12.7.1. Fan
12.7.2. Extruding Machine
12.7.3. Conveyor
12.7.4. Other
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Inverter Duty Motors Demand Share, 2019-2026
13. Middle East & Africa Inverter Duty Motors Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Inverter Duty Motors Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Inverter Duty Motors Market Size and Volume Forecast by Application
13.4.1. Metals & mining
13.4.2. Pulp & paper
13.4.3. Food and drink
13.4.4. other
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Inverter Duty Motors Market Size and Volume Forecast by Type
13.7.1. Fan
13.7.2. Extruding Machine
13.7.3. Conveyor
13.7.4. Other
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Inverter Duty Motors Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Inverter Duty Motors Market: Market Share Analysis
14.2. Inverter Duty Motors Distributors and Customers
14.3. Inverter Duty Motors Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. REGAL BELOIT
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. ROCKWELL AUTOMATION
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. ABB
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. SIEMENS
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. GENERAL ELECTRIC COMPANY (GE)
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. BISON GEAR AND ENGINEERING
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. HAVELLS INDIA
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. NIDEC
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. CROMPTON GREAVES
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. ADLEE POWERTRONIC
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. NORD DRIVESYSTEMS
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. WEG SA
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
