Inverter Duty Motors Market

Global Inverter Duty Motors Market Size, Trends & Analysis - Forecasts to 2027 By Application (Pumps, Fans, Conveyors), By End User (Oil & Gas, Metal & Mining, Pharmaceuticals, Food & Beverage), By Material (Laminated Steel, Cast Iron, Aluminium), By Region (North America, Asia Pacific, Central & South America, Europe, and the Middle East & Africa), End-User Landscape Analysis, Company Market Share Analysis, and Competitor Analysis

Category Chemicals & Advanced Material
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This report was recently updated on August 6 2022 with the latest and most recent market numbers

Global Inverter Duty Motors Market Size

The Global Inverter Duty Motors Market is projected to grow from USD 3.7 billion in 2022 to USD 8.4 billion in 2027 at a CAGR of 10.9% from 2022 to 2027.

Inverter duty motors can be defined as motors whose speed is dependent on an inverter. It has the capacity for high voltage spikes and can run for a longer duration without overheating. The speed of an inverter duty motor is controlled by a variable frequency device (VFD) and they can also operate at different speeds.

The industrial sector plays a crucial role in the growth of the country’s economy, which helps to drive the overall country’s growth. The primary factors that are increasing industrialization and commercialization are growing per capita economy, urbanization, and development in technology. There has been an increase in competition from giant players to grab the market by incorporating various strategies, which comprises of new investments, partnerships & collaborations, mergers & acquisitions, and expansion of new projects. Additionally, growing awareness and demand for energy-efficient motors have also upsurge the demand for inverter duty motors.

The major restrains in the global inverter duty motors market are rising prices of raw materials and inadequate infrastructure for manufacturing products.

global inverter duty motors market

COVID-19 Impact on Global Inverter Duty Motors Market

The COVID-19 pandemic impacted the global inverter duty motors market significantly. The pandemic caused disruptions in the supply of raw materials in the manufacturing industry. With regional lockdowns, production delays, and a significant rise in prices of raw materials, the demand for inverter duty did get affected at the beginning of the pandemic. But as manufacturers resumed production, there was a substantial growth noticed. The application of inverter duty motor is in various verticals and this has benefited the market. The growing demand for the inverter duty motors market will boost the market's revenue between 2022 and 2027.

Ukraine-Russia War Impact on Inverter Duty Motors Market

The crisis between Russia and Ukraine did have a significant impact on the demand for the inverter duty motors market. Prices of raw materials, shipments, and transportation increased. This also caused production delays which disrupted the supply chain analysis. Few industries in Russia are closing their manufacturing plants temporarily and this affects the trade relations between the countries. Russia is a major supplier of oil & gas where inverter duty motor is used. The crisis sets back the expansion activities, causes structural shifts, and affects the global inverter duty motor market. Furthermore, the ongoing war has created instability between firms in other regions of Europe and Ukraine.

Global Inverter Duty Motors Market: By Material

The cast iron segment is expected to witness the largest share in the global inverter duty motors market during the forecast period of 2022-2027. Cast iron inverter duty motor has good durability, high mechanisms, and good wear resistance. They are used in the chemicals, oil & gas, and in pharmaceutical sectors. This wide range of applications drives the market during the forecast period.

The laminated steel segment is expected to grow the fastest during 2022-2027. The material is suitable for different speed variations and thus can be applied in the construction, manufacturing, and in chemical sectors. Laminated steel comes with various mounting options and has longer durability. Hence, considering these advantages the laminated steel segment is expected to grow the fastest.

Global Inverter Duty Motors Market: By Application

The pumps segment is expected to witness the largest share in the global inverter duty motors market during the forecast period of 2022-2027. It is extremely durable and can run on high energy efficiency. has high absorption power. Due to its fewer corrosive properties, it needs less maintenance and proves to be cost-effective. Hence, considering these advantages the stainless-steel shell segment is expected to have the largest share.

The conveyor segment is expected to grow the fastest during 2022-2027. It has advanced technology and is extremely useful in the food & beverage industry. It can be fixed within a small place and has better speed controls. This saves power and minimizes fluctuations in the system.  

Global Inverter Duty Motors Market: By End User

The oil & gas segment is expected to witness the largest share in the global inverter duty motors market during the forecast period of 2022-2027. Increasing government investment, especially in developing countries drives the market during the forecast period. Natural gas infrastructure and its development need inverter duty motor on a large scale.

The food & beverage segment is expected to grow the fastest during 2022-2027. The food & beverage industry is the most up and running and needs advanced technology. Inverter duty motor gives better control, high-quality performance is available in small sizes, and has low running costs. Hence, considering all these reasons the food & beverage segment is expected to grow the fastest.

asia pacific inverter duty motors market

Global Inverter Duty Motors Market: By Region

The North America segment is expected to witness the largest share in the global inverter duty motors market during the forecast period of 2022-2027. An increase in research and development, construction activities, and demand in the food & beverage industry has benefited the inverter duty motors market in North America. These sectors need advanced technologies and efficient functioning.

Inverter Duty Motors offer convenience, uses less energy with fewer resources along with high durability. The inverter duty motors market in the United States has been leading for a few years and it is expected to rise throughout the forecast period. The market in Latin America is expected to grow during the forecast period due to an increase in investment in the commercial and industrial sectors.

Asia-Pacific is expected to grow the fastest during 2022-2027. Many regions are expanding the manufacturing sectors and hence there is demand for more fuel and this boosts the inverter duty motors industry to produce more. The major factor for an increase in the market share is the wide application in the food & beverage, oil & gas, and industrial industry. Developing countries are investing more in electric vehicles and this drives the market during the forecast period.

The markets in India, China, South Korea, and Japan are expanding in terms of production capacity, especially in the infrastructure sector. China is increasing its consumer base and a growing economy like India has increased its capacity to receive shipments. The manufacturers are also concentrating on degradable products which also help the environment.

The Middle East and Africa account for the largest market share after Asia-Pacific and North America. This is due to growing investment in research and development in the oil sector, advanced technologies, and increasing industrial activities. The competitive landscape helps in the growth rate of the global inverter duty market.

Global Inverter Duty Motors Market Share and Competitor Analysis

Nidec Motor Corporation, Regal Beloit Corporation, Rockwell Corporation, Siemens AG, General Electrics, Crompton, North American Electric, Fakuta Elec & Mach, and Havells India, among others, are key players in the Inverter Duty Motors market.

The global inverter duty motors market has observed several strategic alliances between company profiles to launch new products with added functionalities and maintain revenue share & profitability. Organic and inorganic growth strategies adopted by small players have been the highlight of this market.

Global Inverter Duty Motors Market Recent Development

  • In April 2019, Nidec Corporation built manufacturing plants in India and China for electric motors which require inverter duty motor.

Chapter 1   Research Methodology

1.1    Research Assumptions

1.2    Research Methodology                                                                 

1.2.1    Estimates and Forecast Timeline

1.3    Information Procurement

1.3.1    Purchased Database

1.3.2    GME’s Internal Database

1.3.3    Primary Research

1.3.4    Secondary Sources & Third-Party Perspectives

            1.3.4.1    Company Information Sources

            1.3.4.2    Secondary Data Sources

1.4    Information or Data Analysis

1.4.1    Data Analysis Models

1.5    Market Formulation & Data Visualization

1.6    Data Validation & Publishing

1.7    Market Model

1.7.1    Model Details

            1.7.1.1   Top-Down Approach

            1.7.1.2   Bottom-Up Approach

1.8    Market Segmentation & Scope

1.9    Market Definition

Chapter 2   Executive Summary

2.1    Global Market Outlook

2.2     Material Outlook

2.3     End User Type Outlook

2.4     Application Outlook

2.5    Regional Outlook

Chapter 3   Global Inverter Duty Motors Market Trend Analysis

3.1.    Market Introduction

3.2     Penetration & Growth Prospect Mapping

3.3     Impact of COVID-19 on the Inverter Duty Motors Market

3.4     Metric Data based on the industry

3.5     Market Dynamic Analysis

3.5.1   Market Driver Analysis

3.5.2   Market Restraint Analysis

3.5.3   Industry Challenges

3.5.4   Industry Opportunities

3.6     Porter’s Five Analysis

3.6.1   Supplier Power

3.6.2   Buyer Power

3.6.3   Substitution Threat

3.6.4   Threat from New Entrant

3.7     Market Entry Strategies

Chapter 4   Inverter Duty Motors Market: Material Trend Analysis

4.1   Material: Historic Data vs. Forecast Data Analysis, 2021 vs. 2027

4.2    Laminated Steel

4.2.1    Market Estimates & Forecast Analysis of Laminated Steel Segment, By Region, 2019-2027 (USD Billion)

4.3    Cast Iron

4.3.1    Market Estimates & Forecast Analysis of Cast Iron Segment, By Region, 2019-2027 (USD Billion)

4.4    Aluminium

4.3.1    Market Estimates & Forecast Analysis of Aluminium Segment, By Region, 2019-2027 (USD Billion)

Chapter 5   Inverter Duty Motors Market: By Application Trend Analysis

5.1   By Application: Historic Data vs. Forecast Data Analysis, 2021 vs. 2027

5.2    Pumps

5.2.1    Market Estimates & Forecast Analysis of Pumps, By Region, 2019-2027 (USD Billion)

5.3    Fans

5.3.1    Market Estimates & Forecast Analysis of Fans Segment, By Region, 2019-2027 (USD Billion)

5.4    Conveyors

5.4.1    Market Estimates & Forecast Analysis of Conveyors Segment, By Region, 2019-2027 (USD Billion)

Chapter 6   Inverter Duty Motors Market: End User Type Trend Analysis

6.1   End-User Type: Historic Data vs. Forecast Data Analysis, 2022 vs. 2027

6.2    Oil & Gas

6.2.1    Market Estimates & Forecast Analysis of Oil & Gas Segment, By Region, 2019-2027 (USD Billion)

6.3    Metal & Mining

6.3.1    Market Estimates & Forecast Analysis of Metal & Mining Segment, By Region, 2019-2027 (USD Billion)

6.4    Pharmaceuticals

6.4.1    Market Estimates & Forecast Analysis of Pharmaceuticals Segment, By Region, 2019-2027 (USD Billion)

6.5    Food & Beverage

6.5.1    Market Estimates & Forecast Analysis of Food & Beverage Segment, By Region, 2019-2027 (USD Billion)

Chapter 7   Inverter Duty Motors Market, By Region

7.1    Regional Outlook

7.2    North America

7.2.1    Market Estimates & Forecast Analysis, By Country 2019-2027 (USD Billion)

7.2.2    Market Estimates & Forecast Analysis, Material, 2019-2027 (USD Billion)

7.2.3    Market Estimates & Forecast Analysis, By Application, 2019-2027 (USD Billion)

7.2.4    Market Estimates & Forecast Analysis, By End User Type, 2019-2027 (USD Billion)

7.2.5    U.S.

7.2.5.1    Market Estimates & Forecast Analysis, Material, 2019-2027 (USD Billion)

7.2.5.2    Market Estimates & Forecast Analysis, By Application, 2019-2027 (USD Billion)

7.2.5.3    Market Estimates & Forecast Analysis, By End User Type, 2019-2027 (USD Billion)

7.2.6    Canada

7.2.6.1    Market Estimates & Forecast Analysis, Material, 2019-2027 (USD Billion)

7.2.6.2    Market Estimates & Forecast Analysis, By Application, 2019-2027 (USD Billion)

7.2.6.3    Market Estimates & Forecast Analysis, By End User Type, 2019-2027 (USD Billion)

7.5.7    Mexico

7.5.5.1    Market Estimates & Forecast Analysis, Material, 2019-2027 (USD Billion)

7.5.5.2    Market Estimates & Forecast Analysis, By Application, 2019-2027 (USD Billion)

7.5.5.3    Market Estimates & Forecast Analysis, By End User Type, 2019-2027 (USD Billion)

7.3    Europe

7.3.1    Market Estimates & Forecast Analysis, By Country 2019-2027 (USD Billion)

7.3.2    Market Estimates & Forecast Analysis, Material, 2019-2027 (USD Billion)

7.3.3    Market Estimates & Forecast Analysis, By Application, 2019-2027 (USD Billion)

7.3.4    Market Estimates & Forecast Analysis, By End User Type, 2019-2027 (USD Billion)

7.3.5    Germany

7.3.5.1    Market Estimates & Forecast Analysis, Material, 2019-2027 (USD Billion)

7.3.5.2    Market Estimates & Forecast Analysis, By Application, 2019-2027 (USD Billion)

7.3.5.3    Market Estimates & Forecast Analysis, By End User Type, 2019-2027 (USD Billion)

7.3.6    UK

7.3.6.1    Market Estimates & Forecast Analysis, Material, 2019-2027 (USD Billion)

7.3.6.2    Market Estimates & Forecast Analysis, By Application, 2019-2027 (USD Billion)

7.3.6.3    Market Estimates & Forecast Analysis, By End User Type, 2019-2027 (USD Billion)

7.3.7    France

7.3.7.1    Market Estimates & Forecast Analysis, Material, 2019-2027 (USD Billion)

7.3.7.2    Market Estimates & Forecast Analysis, By Application, 2019-2027 (USD Billion)

7.3.7.3    Market Estimates & Forecast Analysis, By End User Type, 2019-2027 (USD Billion)

7.3.8    Russia

7.3.8.1    Market Estimates & Forecast Analysis, Material, 2019-2027 (USD Billion)

7.3.8.2    Market Estimates & Forecast Analysis, By Application, 2019-2027 (USD Billion)

7.3.8.3    Market Estimates & Forecast Analysis, By End User Type, 2019-2027 (USD Billion)

7.3.9    Italy

7.3.9.1    Market Estimates & Forecast Analysis, Material, 2019-2027 (USD Billion)

7.3.9.2    Market Estimates & Forecast Analysis, By Application, 2019-2027 (USD Billion)

7.3.9.3    Market Estimates & Forecast Analysis, By End User Type, 2019-2027 (USD Billion)

7.3.10    Spain

7.3.10.1    Market Estimates & Forecast Analysis, Material, 2019-2027 (USD Billion)

7.3.10.2    Market Estimates & Forecast Analysis, By Application, 2019-2027 (USD Billion)

7.3.10.3    Market Estimates & Forecast Analysis, By End User Type, 2019-2027 (USD Billion)

7.3.11    Rest of Europe

7.3.11.1    Market Estimates & Forecast Analysis, Material, 2019-2027 (USD Billion)

7.3.11.2    Market Estimates & Forecast Analysis, By Application, 2019-2027 (USD Billion)

7.3.11.3    Market Estimates & Forecast Analysis, By End User Type, 2019-2027 (USD Billion) 

7.4    Asia Pacific

7.4.1    Market Estimates & Forecast Analysis, By Country 2019-2027 (USD Billion)

7.4.2    Market Estimates & Forecast Analysis, Material, 2019-2027 (USD Billion)

7.4.3    Market Estimates & Forecast Analysis, By Application, 2019-2027 (USD Billion)

7.4.4    Market Estimates & Forecast Analysis, By End User Type, 2019-2027 (USD Billion)

7.4.5    China

7.4.5.1    Market Estimates & Forecast Analysis, Material, 2019-2027 (USD Billion)

7.4.5.2    Market Estimates & Forecast Analysis, By Application, 2019-2027 (USD Billion)

7.4.5.3    Market Estimates & Forecast Analysis, By End User Type, 2019-2027 (USD Billion)

7.4.6    India

7.4.6.1    Market Estimates & Forecast Analysis, Material, 2019-2027 (USD Billion)

7.4.6.2    Market Estimates & Forecast Analysis, By Application, 2019-2027 (USD Billion)

7.4.6.3    Market Estimates & Forecast Analysis, By End User Type, 2019-2027 (USD Billion)

7.4.7    Japan

7.4.7.1    Market Estimates & Forecast Analysis, Material, 2019-2027 (USD Billion)

7.4.7.2    Market Estimates & Forecast Analysis, By Application, 2019-2027 (USD Billion)

7.4.7.3    Market Estimates & Forecast Analysis, By End User Type, 2019-2027 (USD Billion)

7.4.8    Australia

7.4.8.1    Market Estimates & Forecast Analysis, Material, 2019-2027 (USD Billion)

7.4.8.2    Market Estimates & Forecast Analysis, By Application, 2019-2027 (USD Billion)

7.4.8.3    Market Estimates & Forecast Analysis, By End User Type, 2019-2027 (USD Billion)

7.4.9    South Korea

7.4.9.1    Market Estimates & Forecast Analysis, Material, 2019-2027 (USD Billion)

7.4.9.2    Market Estimates & Forecast Analysis, By Application, 2019-2027 (USD Billion)

7.4.9.3    Market Estimates & Forecast Analysis, By End User Type, 2019-2027 (USD Billion)

7.3.10    Rest of Asia Pacific

7.3.10.1    Market Estimates & Forecast Analysis, Material, 2019-2027 (USD Billion)

7.3.10.2    Market Estimates & Forecast Analysis, By Application, 2019-2027 (USD Billion)

7.3.10.3    Market Estimates & Forecast Analysis, By End User Type, 2019-2027 (USD Billion) 

7.5    Central & South America

7.5.1    Market Estimates & Forecast Analysis, By Country 2019-2027 (USD Billion)

7.5.2    Market Estimates & Forecast Analysis, Material, 2019-2027 (USD Billion)

7.5.3    Market Estimates & Forecast Analysis, By Application, 2019-2027 (USD Billion)

7.5.4   Market Estimates & Forecast Analysis, By End User Type, 2019-2027 (USD Billion)

7.5.5    Brazil

7.5.5.1    Market Estimates & Forecast Analysis, Material, 2019-2027 (USD Billion)

7.5.5.2    Market Estimates & Forecast Analysis, By Application, 2019-2027 (USD Billion)

7.5.5.3    Market Estimates & Forecast Analysis, By End User Type, 2019-2027 (USD Billion)

7.5.6    Rest of Central & South America

7.5.6.1    Market Estimates & Forecast Analysis, Material, 2019-2027 (USD Billion)

7.5.6.2    Market Estimates & Forecast Analysis, By Application, 2019-2027 (USD Billion)

7.5.6.3    Market Estimates & Forecast Analysis, By End User Type, 2019-2027 (USD Billion) 

7.6    Middle East & Africa

7.6.1    Market Estimates & Forecast Analysis, By Country 2019-2027 (USD Billion)

7.6.2    Market Estimates & Forecast Analysis, Material, 2019-2027 (USD Billion)

7.6.3    Market Estimates & Forecast Analysis, By Application, 2019-2027 (USD Billion)

7.6.4    Market Estimates & Forecast Analysis, By End User Type, 2019-2027 (USD Billion)

7.6.5    Saudi Arabia

7.6.5.1    Market Estimates & Forecast Analysis, Material, 2019-2027 (USD Billion)

7.6.5.2    Market Estimates & Forecast Analysis, By Application, 2019-2027 (USD Billion)

7.6.5.3   Market Estimates & Forecast Analysis, By End User Type, 2019-2027 (USD Billion)

7.6.6    United Arab Emirates

7.6.6.1    Market Estimates & Forecast Analysis, Material, 2019-2027 (USD Billion)

7.6.6.2    Market Estimates & Forecast Analysis, By Application, 2019-2027 (USD Billion)

7.6.6.3    Market Estimates & Forecast Analysis, By End User Type, 2019-2027 (USD Billion)

7.6.7    South Africa

7.6.7.1    Market Estimates & Forecast Analysis, Material, 2019-2027 (USD Billion)

7.6.7.2    Market Estimates & Forecast Analysis, By Application, 2019-2027 (USD Billion)

7.6.7.3    Market Estimates & Forecast Analysis, By End User Type, 2019-2027 (USD Billion)

7.5.8    Rest of Middle East & Africa

7.5.8.1    Market Estimates & Forecast Analysis, Material, 2019-2027 (USD Billion)

7.5.8.2    Market Estimates & Forecast Analysis, By Application, 2019-2027 (USD Billion)

7.5.8.3    Market Estimates & Forecast Analysis, By End User Type, 2019-2027 (USD Billion)

Chapter 8   Competitive Analysis

8.1    Key Global Players, Recent Developments & their Impact on the Industry

8.2    Four Quadrant Competitor Positioning Matrix

8.2.1    Key Innovators

8.2.2    Market Leaders

8.2.3    Emerging Players

8.2.4    Market Challengers

8.3    Vendor Landscape Analysis

8.4    End-User Landscape Analysis

8.5    Company Market Share Analysis, 2021

Chapter 9   Company Profile Analysis

9.1    Nidec Motor Corporation

9.1.1    Company Overview

9.1.2    Financial Analysis

9.1.3    Strategic Initiatives

9.1.4    Product Benchmarking

9.2     Regal Beloit Corporation

9.2.1    Company Overview

9.2.2    Financial Analysis

9.2.3    Strategic Initiatives

9.2.4    Product Benchmarking

9.3     Rockwell Corporation

9.3.1    Company Overview

9.3.2    Financial Analysis

9.3.3    Strategic Initiatives

9.3.4    Product Benchmarking

9.4    Siemens AG

9.4.1    Company Overview

9.4.2    Financial Analysis

9.4.3    Strategic Initiatives

9.4.4    Product Benchmarking

  9.5    General Electrics

9.5.1    Company Overview

9.5.2    Financial Analysis

9.5.3    Strategic Initiatives

9.5.4    Product Benchmarking

9.6     Crompton

9.6.1    Company Overview

9.6.2    Financial Analysis

9.6.3    Strategic Initiatives

9.6.4    Product Benchmarking

9.7     Havells India

9.7.1    Company Overview

9.7.2    Financial Analysis

9.7.3    Strategic Initiatives

9.7.4    Product Benchmarking

9.8    North American Electric

9.8.1    Company Overview

9.8.2    Financial Analysis

9.8.3    Strategic Initiatives

9.8.4    Product Benchmarking

9.9     Fakuta Elec & Mach

9.9.1    Company Overview

9.9.2    Financial Analysis

9.9.3    Strategic Initiatives

9.9.4    Product Benchmarking

9.10   Other Companies

9.10.1    Company Overview

9.10.2    Financial Analysis

9.10.3    Strategic Initiatives

9.10.4    Product Benchmarking

List of Tables

1 Technological Advancements in Inverter Duty Motors Market

2 Global Inverter Duty Motors Market: Key Market Drivers

3 Global Inverter Duty Motors Market: Key Market Challenges

4 Global Inverter Duty Motors Market: Key Market Opportunities

5 Global Inverter Duty Motors Market: Key Market Restraints

6 Global Inverter Duty Motors Market Estimates & Forecast Analysis, 2019-2027 (USD Billion)

7 Global Inverter Duty Motors Market, Material, 2019-2027 (USD Billion)

8 Laminated Steel: Global Inverter Duty Motors Market, By Region, 2019-2027 (USD Billion)

9 Cast Iron: Global Inverter Duty Motors Market, By Region, 2019-2027 (USD Billion)

10 Aluminium: Global Inverter Duty Motors Market, By Region, 2019-2027 (USD Billion)

11 Global Inverter Duty Motors Market, By Application, 2019-2027 (USD Billion)

12 Pumps: Global Inverter Duty Motors Market, By Region, 2019-2027 (USD Billion)

13 Fans: Global Inverter Duty Motors Market, By Region, 2019-2027 (USD Billion)

14 Conveyors: Global Inverter Duty Motors Market, By Region, 2019-2027 (USD Billion)

15 Global Inverter Duty Motors Market, By End User Type, 2019-2027 (USD Billion)

16 Oil & Gas: Global Inverter Duty Motors Market, By Region, 2019-2027 (USD Billion)

17 Metal & Mining: Global Inverter Duty Motors Market, By Region, 2019-2027 (USD Billion)

18 Pharmaceuticals: Global Inverter Duty Motors Market, By Region, 2019-2027 (USD Billion)

19 Food & Beverage: Global Inverter Duty Motors Market, By Region, 2019-2027 (USD Billion)

20 Regional Analysis: Global Inverter Duty Motors Market, By Region, 2019-2027 (USD Billion)

21 North America: Inverter Duty Motors Market, Material, 2019-2027 (USD Billion)

22 North America: Inverter Duty Motors Market, By Application, 2019-2027 (USD Billion)

23 North America: Inverter Duty Motors Market, By End User Type, 2019-2027 (USD Billion)

24 North America: Inverter Duty Motors Market, By Country, 2019-2027 (USD Billion)

25 U.S: Inverter Duty Motors Market, Material, 2019-2027 (USD Billion)

26 U.S: Inverter Duty Motors Market, By Application, 2019-2027 (USD Billion)

27 U.S: Inverter Duty Motors Market, By End User Type, 2019-2027 (USD Billion)

28 Canada: Inverter Duty Motors Market, Material, 2019-2027 (USD Billion)

29 Canada: Inverter Duty Motors Market, By Application, 2019-2027 (USD Billion)

30 Canada: Inverter Duty Motors Market, By End User Type, 2019-2027 (USD Billion)

31 Mexico: Inverter Duty Motors Market, Material, 2019-2027 (USD Billion)

32 Mexico: Inverter Duty Motors Market, By Application, 2019-2027 (USD Billion)

33 Mexico: Inverter Duty Motors Market, By End User Type, 2019-2027 (USD Billion)

34 Europe: Inverter Duty Motors Market, Material, 2019-2027 (USD Billion)

35 Europe: Inverter Duty Motors Market, By Application, 2019-2027 (USD Billion)

36 Europe: Inverter Duty Motors Market, By End User Type, 2019-2027 (USD Billion)

37 Europe: Inverter Duty Motors Market, By Country, 2019-2027 (USD Billion)

38 Germany: Inverter Duty Motors Market, Material, 2019-2027 (USD Billion)

39 Germany: Inverter Duty Motors Market, By Application, 2019-2027 (USD Billion)

40 Germany: Inverter Duty Motors Market, By End User Type, 2019-2027 (USD Billion)

41 UK: Inverter Duty Motors Market, Material, 2019-2027 (USD Billion)

42 UK: Inverter Duty Motors Market, By Application, 2019-2027 (USD Billion)

43 UK: Inverter Duty Motors Market, By End User Type, 2019-2027 (USD Billion)

44 France: Inverter Duty Motors Market, Material, 2019-2027 (USD Billion)

45 France: Inverter Duty Motors Market, By Application, 2019-2027 (USD Billion)

46 France: Inverter Duty Motors Market, By End User Type, 2019-2027 (USD Billion)

47 Italy: Inverter Duty Motors Market, Material, 2019-2027 (USD Billion)

48 Italy: Inverter Duty Motors Market, By Application, 2019-2027 (USD Billion)

49 Italy: Inverter Duty Motors Market, By End User Type, 2019-2027 (USD Billion)

50 Spain: Inverter Duty Motors Market, Material, 2019-2027 (USD Billion)

51 Spain: Inverter Duty Motors Market, By Application, 2019-2027 (USD Billion)

52 Spain: Inverter Duty Motors Market, By End User Type, 2019-2027 (USD Billion)

53 Rest Of Europe: Inverter Duty Motors Market, Material, 2019-2027 (USD Billion)

54 Rest Of Europe: Inverter Duty Motors Market, By Application, 2019-2027 (USD Billion)

55 Rest Of Europe: Inverter Duty Motors Market, By End User Type, 2019-2027 (USD Billion)

56 Asia Pacific: Inverter Duty Motors Market, Material, 2019-2027 (USD Billion)

57 Asia Pacific: Inverter Duty Motors Market, By Application, 2019-2027 (USD Billion)

58 Asia Pacific: Inverter Duty Motors Market, By End User Type, 2019-2027 (USD Billion)

59 Asia Pacific: Inverter Duty Motors Market, By Country, 2019-2027 (USD Billion)

60 China: Inverter Duty Motors Market, Material, 2019-2027 (USD Billion)

61 China: Inverter Duty Motors Market, By Application, 2019-2027 (USD Billion)

62 China: Inverter Duty Motors Market, By End User Type, 2019-2027 (USD Billion)

63 India: Inverter Duty Motors Market, Material, 2019-2027 (USD Billion)

64 India: Inverter Duty Motors Market, By Application, 2019-2027 (USD Billion)

65 India: Inverter Duty Motors Market, By End User Type, 2019-2027 (USD Billion)

66 Japan: Inverter Duty Motors Market, Material, 2019-2027 (USD Billion)

67 Japan: Inverter Duty Motors Market, By Application, 2019-2027 (USD Billion)

68 Japan: Inverter Duty Motors Market, By End User Type, 2019-2027 (USD Billion)

69 South Korea: Inverter Duty Motors Market, Material, 2019-2027 (USD Billion)

70 South Korea: Inverter Duty Motors Market, By Application, 2019-2027 (USD Billion)

71 South Korea: Inverter Duty Motors Market, By End User Type, 2019-2027 (USD Billion)

72 Middle East & Africa: Inverter Duty Motors Market, Material, 2019-2027 (USD Billion)

73 Middle East & Africa: Inverter Duty Motors Market, By Application, 2019-2027 (USD Billion)

74 Middle East & Africa: Inverter Duty Motors Market, By End User Type, 2019-2027 (USD Billion)

75 Middle East & Africa: Inverter Duty Motors Market, By Country, 2019-2027 (USD Billion)

76 Saudi Arabia: Inverter Duty Motors Market, Material, 2019-2027 (USD Billion)

77 Saudi Arabia: Inverter Duty Motors Market, By Application, 2019-2027 (USD Billion)

78 Saudi Arabia: Inverter Duty Motors Market, By End User Type, 2019-2027 (USD Billion)

79 UAE: Inverter Duty Motors Market, Material, 2019-2027 (USD Billion)

80 UAE: Inverter Duty Motors Market, By Application, 2019-2027 (USD Billion)

81 UAE: Inverter Duty Motors Market, By End User Type, 2019-2027 (USD Billion)

82 Central & South America: Inverter Duty Motors Market, Material, 2019-2027 (USD Billion)

83 Central & South America: Inverter Duty Motors Market, By Application, 2019-2027 (USD Billion)

84 Central & South America: Inverter Duty Motors Market, By End User Type, 2019-2027 (USD Billion)

85 Central & South America: Inverter Duty Motors Market, By Country, 2019-2027 (USD Billion)

86 Brazil: Inverter Duty Motors Market, Material, 2019-2027 (USD Billion)

87 Brazil: Inverter Duty Motors Market, By Application, 2019-2027 (USD Billion)

88 Brazil: Inverter Duty Motors Market, By End User Type, 2019-2027 (USD Billion)

89 Nidec Motor Corporation: Materials Offered

90 Regal Beloit Corporation: Materials Offered

91 Rockwell Corporation: Materials Offered

92 Siemens AG: Materials Offered

93 General Electrics: Materials Offered

94 Crompton: Materials Offered

95 Fakuta Elec & Mach: Materials Offered

96 Havells India: Materials Offered

97 North American Electric: Materials Offered

98 Other Companies: Materials Offered

List of Figures

1. Global Inverter Duty Motors Market Segmentation & Research Scope

2. Primary Research Partners and Local Informers

3. Primary Research Process

4. Primary Research Approaches

5. Primary Research Responses

6. Global Inverter Duty Motors Market: Penetration & Growth Prospect Mapping

7. Global Inverter Duty Motors Market: Value Chain Analysis

8. Global Inverter Duty Motors Market Drivers

9. Global Inverter Duty Motors Market Restraints

10. Global Inverter Duty Motors Market Opportunities

11. Global Inverter Duty Motors Market Challenges

12. Key Inverter Duty Motors Market Manufacturer Analysis

13. Global Inverter Duty Motors Market: Porter’s Five Forces Analysis

14. PESTLE Analysis & Impact Analysis

15. Nidec Motor Corporation: Company Snapshot

16. Nidec Motor Corporation: Swot Analysis

17. Regal Beloit Corporation: Company Snapshot

18. Regal Beloit Corporation: Swot Analysis

19. Rockwell Corporation: Company Snapshot

20. Rockwell Corporation: Swot Analysis

21. Siemens AG: Company Snapshot

22. Siemens AG: Swot Analysis

23. General Electrics: Company Snapshot

24. General Electrics: Swot Analysis

25. Fakuta Elec & Mach: Company Snapshot

26. Fakuta Elec & Mach: Swot Analysis

27. Havells India: Company Snapshot

28. Havells India: Swot Analysis

29. North American Electric: Company Snapshot

30. North American Electric: Swot Analysis

31. Crompton: Company Snapshot

32. Crompton: Swot Analysis

33. Other Companies: Company Snapshot

34. Other Companies: SWOT Analysis

The Global Inverter Duty Motors Market has been studied from the year 2019 till 2027. However, the CAGR provided in the report is from the year 2022 to 2027. The research methodology involved three stages: Desk research, Primary research, and Analysis & Output from the entire research process.

The desk research involved a robust background study which meant referring to paid and unpaid databases to understand the market dynamics; mapping contracts from press releases; identifying the key players in the market, studying their product portfolio, competition level, annual reports/SEC filings & investor presentations; and learning the demand and supply-side analysis for the Inverter Duty Motors Market.

The primary research activity included telephonic conversations with more than 50 tier 1 industry consultants, distributors, and end-use product manufacturers.

Finally, based on the above thorough research process, an in-depth analysis was carried out considering the following aspects: market attractiveness, current & future market trends, market share analysis, SWOT analysis of the company and customer analytics.

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Frequently Asked Questions

The global inverter duty motors market is projected to grow from USD 3.7 billion in 2022 to USD 8.4 billion in 2027 at a CAGR of 10.9% from 2022 to 2027.
Nidec Motor Corporation, Regal Beloit Corporation, Rockwell Corporation, Siemens AG, General Electrics, Crompton, and Havells India, among others, are key players in the inverter duty motors market.
The COVID-19 pandemic impacted the global inverter duty motors market significantly. The pandemic caused disruptions in the manufacturing industry. With regional lockdowns, production delays, and a significant rise in prices of raw materials, the demand for inverter duty did get affected at the beginning of the pandemic. But as manufacturers resumed production, there was a substantial growth. The application of inverter duty motor is in various verticals and this has benefited the market. The growing demand for the inverter duty motors market will boost the markets revenue between 2022 and 2027.
The industrial sector plays a crucial role in the growth of the countrys economy, which helps to drive the overall countrys growth. The primary factors that are increasing industrialization and commercialization are growing per capita economy, urbanization, and development in technology.
The crisis between Russia and Ukraine did have a significant impact on the demand for the inverter duty motors market. Prices of raw materials, shipments, and transportation increased. This also caused production delays which disrupted the supply chain analysis. Few industries in Russia are closing their manufacturing plants temporarily and this affects the trade relations between the countries. Russia is a major supplier of oil & gas where inverter duty motor is used. The crisis sets back the expansion activities, causes structural shifts, and affects the global inverter duty motor market.

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