North America Inverter Duty Motor Market Summary, Competitive Analysis and Forecast to 2027
Summary
Inverter Duty Motor in North America industry profile provides top-line qualitative and quantitative summary information including: market size (value 2017-22, and forecast to 2027). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
Key Highlights
- Inverter Duty Motors can withstand the higher voltage spikes produced by all Variable-frequency drives (VFDs) and can run at very low speeds without overheating. Both IEEE (Institute of Electrical and Electronics Engineers) and NEMA (National Electrical Manufacturers Association) standard Inverter Duty Motors are covered in our market scope.
- The North American inverter duty motor market had total revenues of $0.8 billion in 2022, representing a compound annual growth rate (CAGR) of 4.9% between 2017 and 2022.
- The chemicals segment accounted for the market's largest proportion in 2022, with total revenues of $199.2 million, equivalent to 25.9% of the market's overall value.
- The large-scale investment and prolific industrial expansion have resulted in the strong growth of the inverter duty motor market in 2022. According to Federal Reserve, in Q4 2022, the total industrial production in the US witnessed an annual growth of 1.8%.
- Save time carrying out entry-level research by identifying the size, growth, and leading players in the inverter duty motor market in North America
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the inverter duty motor market in North America
- Leading company profiles reveal details of key inverter duty motor market players’ global operations and financial performance
- Add weight to presentations and pitches by understanding the future growth prospects of the North America inverter duty motor market with five year forecasts
- What was the size of the North America inverter duty motor market by value in 2022?
- What will be the size of the North America inverter duty motor market in 2027?
- What factors are affecting the strength of competition in the North America inverter duty motor market?
- How has the market performed over the last five years?
- How large is North America’s inverter duty motor market in relation to its regional counterparts?
- 1 Executive Summary
- 1.1. Market value
- 1.2. Market value forecast
- 1.3. Category segmentation
- 1.4. Geography segmentation
- 1.5. Market rivalry
- 1.6. Competitive landscape
- 2 Market Overview
- 2.1. Market definition
- 2.2. Market analysis
- 3 Market Data
- 3.1. Market value
- 4 Market Segmentation
- 4.1. Category segmentation
- 4.2. Geography segmentation
- 5 Market Outlook
- 5.1. Market value forecast
- 6 Five Forces Analysis
- 6.1. Summary
- 6.2. Buyer power
- 6.3. Supplier power
- 6.4. New entrants
- 6.5. Threat of substitutes
- 6.6. Degree of rivalry
- 7 Competitive Landscape
- 7.1. Who are the leading players?
- 7.2. What strategies do the leading players follow?
- 7.3. What is the strength of the leading players?
- 8 Company Profiles
- 8.1. ABB, Ltd.
- 8.2. Rockwell Automation, Inc.
- 8.3. Regal Rexnord Corp
- 9 Macroeconomic Indicators
- 9.1. Country data
- 10 Appendix
- 10.1. Methodology
- 10.2. Industry associations
- 10.3. Related GlobalData research
- About GlobalData
- List of Tables
- Table 1: North America inverter duty motor market value: $ million, 2017–22
- Table 2: North America inverter duty motor market category segmentation: % share, by value, 2017–2022
- Table 3: North America inverter duty motor market category segmentation: $ million, 2017-2022
- Table 4: North America inverter duty motor market geography segmentation: $ million, 2022
- Table 5: North America inverter duty motor market value forecast: $ million, 2022–27
- Table 6: ABB, Ltd.: key facts
- Table 7: ABB, Ltd.: annual financial ratios
- Table 8: ABB, Ltd.: key employees
- Table 9: Rockwell Automation, Inc.: key facts
- Table 10: Rockwell Automation, Inc.: annual financial ratios
- Table 11: Rockwell Automation, Inc.: key employees
- Table 12: Rockwell Automation, Inc.: key employees Continued
- Table 13: Regal Rexnord Corp: key facts
- Table 14: Regal Rexnord Corp: annual financial ratios
- Table 15: Regal Rexnord Corp: key employees
- Table 16: Regal Rexnord Corp: key employees Continued
- Table 17: North America exchange rate, 2018–22
- List of Figures
- Figure 1: North America inverter duty motor market value: $ million, 2017–22
- Figure 2: North America inverter duty motor market category segmentation: $ million, 2017-2022
- Figure 3: North America inverter duty motor market geography segmentation: % share, by value, 2022
- Figure 4: North America inverter duty motor market value forecast: $ million, 2022–27
- Figure 5: Forces driving competition in the inverter duty motor market in North America, 2022
- Figure 6: Drivers of buyer power in the inverter duty motor market in North America, 2022
- Figure 7: Drivers of supplier power in the inverter duty motor market in North America, 2022
- Figure 8: Factors influencing the likelihood of new entrants in the inverter duty motor market in North America, 2022
- Figure 9: Factors influencing the threat of substitutes in the inverter duty motor market in North America, 2022
- Figure 10: Drivers of degree of rivalry in the inverter duty motor market in North America, 2022
Research Assistance
Download our eBook: How to Succeed Using Market Research
Learn how to effectively navigate the market research process to help guide your organization on the journey to success.
Download eBook