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The inverter duty motor market is forecasted to grow by USD 2.07 billion during 2023-2028, accelerating at a CAGR of 8.5% during the forecast period. The report on the inverter duty motor market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.Speak directly to the analyst to clarify any post sales queries you may have.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by growing need for energy-efficient equipment, increasing industrialization and commercialization, and presence of regulations that mandate use of inverter duty motors.
The inverter duty motor market is segmented as below:
By Application
- Pumps
- Fans
- Conveyors
- Others
By Geographical Landscape
- North America
- APAC
- Europe
- South America
- Middle East and Africa
The report on the inverter duty motor market covers the following areas:
- Inverter Duty Motor Market sizing
- Inverter Duty Motor Market forecast
- Inverter Duty Motor Market industry analysis
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The report presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.
Table of Contents
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Application
7 Customer Landscape
8 Geographic Landscape
9 Drivers, Challenges, and Opportunity/Restraints
10 Competitive Landscape
11 Competitive Analysis
12 Appendix
List of Exhibits
Executive Summary
The following companies are recognized as the key players in the global inverter duty motor market: ABB Ltd., Adlee Powertronic Co. Ltd., Bison Gear And Engineering Corp., Bodine Electric Co., Havells India Ltd., Megha Roto Tech Pvt. Ltd., Nidec Corp., Nord Gear Ltd., North American Electric Inc., Regal Rexnord Corp., Rockwell Automation Inc., Siemens AG, and WEG S.A.Commenting on the report, an analyst from the research team said: "The latest trend gaining momentum in the market is growing market of variable frequency drives."
According to the report, one of the major drivers for this market is the growing need for energy-efficient equipment.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- ABB Ltd.
- Adlee Powertronic Co. Ltd.
- Bison Gear And Engineering Corp.
- Bodine Electric Co.
- Havells India Ltd.
- Megha Roto Tech Pvt. Ltd.
- Nidec Corp.
- Nord Gear Ltd.
- North American Electric Inc.
- Regal Rexnord Corp.
- Rockwell Automation Inc.
- Siemens AG
- WEG S.A