Global Inverter Duty Motor Market 2024-2028

Inverter Duty Motor Market 2024-2028


The inverter duty motor market is forecasted to grow by USD 2074.9 mn 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.

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.

Technavio's 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
This study identifies the growing market of variable frequency drives as one of the prime reasons driving the inverter duty motor market growth during the next few years. Also, technological advances in inverter duty motors and advent of iot will lead to sizable demand in the market.

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 robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading inverter duty motor market vendors that include 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. Also, the inverter duty motor market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

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 publisher 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.


1 Executive Summary
1.1 Market overview
Executive Summary - Chart on Market Overview
Executive Summary - Data Table on Market Overview
Executive Summary - Chart on Global Market Characteristics
Executive Summary - Chart on Market By Geographical Landscape
Executive Summary - Chart on Market Segmentation by Application
Executive Summary - Chart on Incremental Growth
Executive Summary - Data Table on Incremental Growth
Executive Summary - Chart on Company Market Positioning
2 Market Landscape
2.1 Market ecosystem
Parent Market
Data Table on - Parent Market
2.2 Market characteristics
Market characteristics analysis
2.3 Value chain analysis
Value Chain Analysis
3 Market Sizing
3.1 Market definition
Offerings of companies included in the market definition
3.2 Market segment analysis
Market segments
3.3 Market size 2023
3.4 Market outlook: Forecast for 2023-2028
Chart on Global - Market size and forecast 2023-2028 ($ million)
Data Table on Global - Market size and forecast 2023-2028 ($ million)
Chart on Global Market: Year-over-year growth 2023-2028 (%)
Data Table on Global Market: Year-over-year growth 2023-2028 (%)
4 Historic Market Size
4.1 Global Inverter Duty Motor Market 2018 - 2022
Historic Market Size - Data Table on Global Inverter Duty Motor Market 2018 - 2022 ($ million)
4.2 Application segment analysis 2018 - 2022
Historic Market Size - Application Segment 2018 - 2022 ($ million)
4.3 Geography segment analysis 2018 - 2022
Historic Market Size - Geography Segment 2018 - 2022 ($ million)
4.4 Country segment analysis 2018 - 2022
Historic Market Size - Country Segment 2018 - 2022 ($ million)
5 Five Forces Analysis
5.1 Five forces summary
Five forces analysis - Comparison between 2023 and 2028
5.2 Bargaining power of buyers
Bargaining power of buyers - Impact of key factors 2023 and 2028
5.3 Bargaining power of suppliers
Bargaining power of suppliers - Impact of key factors in 2023 and 2028
5.4 Threat of new entrants
Threat of new entrants - Impact of key factors in 2023 and 2028
5.5 Threat of substitutes
Threat of substitutes - Impact of key factors in 2023 and 2028
5.6 Threat of rivalry
Threat of rivalry - Impact of key factors in 2023 and 2028
5.7 Market condition
Chart on Market condition - Five forces 2023 and 2028
6 Market Segmentation by Application
6.1 Market segments
Chart on Application - Market share 2023-2028 (%)
Data Table on Application - Market share 2023-2028 (%)
6.2 Comparison by Application
Chart on Comparison by Application
Data Table on Comparison by Application
6.3 Pumps - Market size and forecast 2023-2028
Chart on Pumps - Market size and forecast 2023-2028 ($ million)
Data Table on Pumps - Market size and forecast 2023-2028 ($ million)
Chart on Pumps - Year-over-year growth 2023-2028 (%)
Data Table on Pumps - Year-over-year growth 2023-2028 (%)
6.4 Fans - Market size and forecast 2023-2028
Chart on Fans - Market size and forecast 2023-2028 ($ million)
Data Table on Fans - Market size and forecast 2023-2028 ($ million)
Chart on Fans - Year-over-year growth 2023-2028 (%)
Data Table on Fans - Year-over-year growth 2023-2028 (%)
6.5 Conveyors - Market size and forecast 2023-2028
Chart on Conveyors - Market size and forecast 2023-2028 ($ million)
Data Table on Conveyors - Market size and forecast 2023-2028 ($ million)
Chart on Conveyors - Year-over-year growth 2023-2028 (%)
Data Table on Conveyors - Year-over-year growth 2023-2028 (%)
6.6 Others - Market size and forecast 2023-2028
Chart on Others - Market size and forecast 2023-2028 ($ million)
Data Table on Others - Market size and forecast 2023-2028 ($ million)
Chart on Others - Year-over-year growth 2023-2028 (%)
Data Table on Others - Year-over-year growth 2023-2028 (%)
6.7 Market opportunity by Application
Market opportunity by Application ($ million)
Data Table on Market opportunity by Application ($ million)
7 Customer Landscape
7.1 Customer landscape overview
Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
8 Geographic Landscape
8.1 Geographic segmentation
Chart on Market share By Geographical Landscape 2023-2028 (%)
Data Table on Market share By Geographical Landscape 2023-2028 (%)
8.2 Geographic comparison
Chart on Geographic comparison
Data Table on Geographic comparison
8.3 North America - Market size and forecast 2023-2028
Chart on North America - Market size and forecast 2023-2028 ($ million)
Data Table on North America - Market size and forecast 2023-2028 ($ million)
Chart on North America - Year-over-year growth 2023-2028 (%)
Data Table on North America - Year-over-year growth 2023-2028 (%)
8.4 APAC - Market size and forecast 2023-2028
Chart on APAC - Market size and forecast 2023-2028 ($ million)
Data Table on APAC - Market size and forecast 2023-2028 ($ million)
Chart on APAC - Year-over-year growth 2023-2028 (%)
Data Table on APAC - Year-over-year growth 2023-2028 (%)
8.5 Europe - Market size and forecast 2023-2028
Chart on Europe - Market size and forecast 2023-2028 ($ million)
Data Table on Europe - Market size and forecast 2023-2028 ($ million)
Chart on Europe - Year-over-year growth 2023-2028 (%)
Data Table on Europe - Year-over-year growth 2023-2028 (%)
8.6 South America - Market size and forecast 2023-2028
Chart on South America - Market size and forecast 2023-2028 ($ million)
Data Table on South America - Market size and forecast 2023-2028 ($ million)
Chart on South America - Year-over-year growth 2023-2028 (%)
Data Table on South America - Year-over-year growth 2023-2028 (%)
8.7 Middle East and Africa - Market size and forecast 2023-2028
Chart on Middle East and Africa - Market size and forecast 2023-2028 ($ million)
Data Table on Middle East and Africa - Market size and forecast 2023-2028 ($ million)
Chart on Middle East and Africa - Year-over-year growth 2023-2028 (%)
Data Table on Middle East and Africa - Year-over-year growth 2023-2028 (%)
8.8 US - Market size and forecast 2023-2028
Chart on US - Market size and forecast 2023-2028 ($ million)
Data Table on US - Market size and forecast 2023-2028 ($ million)
Chart on US - Year-over-year growth 2023-2028 (%)
Data Table on US - Year-over-year growth 2023-2028 (%)
8.9 China - Market size and forecast 2023-2028
Chart on China - Market size and forecast 2023-2028 ($ million)
Data Table on China - Market size and forecast 2023-2028 ($ million)
Chart on China - Year-over-year growth 2023-2028 (%)
Data Table on China - Year-over-year growth 2023-2028 (%)
8.10 Japan - Market size and forecast 2023-2028
Chart on Japan - Market size and forecast 2023-2028 ($ million)
Data Table on Japan - Market size and forecast 2023-2028 ($ million)
Chart on Japan - Year-over-year growth 2023-2028 (%)
Data Table on Japan - Year-over-year growth 2023-2028 (%)
8.11 Germany - Market size and forecast 2023-2028
Chart on Germany - Market size and forecast 2023-2028 ($ million)
Data Table on Germany - Market size and forecast 2023-2028 ($ million)
Chart on Germany - Year-over-year growth 2023-2028 (%)
Data Table on Germany - Year-over-year growth 2023-2028 (%)
8.12 UK - Market size and forecast 2023-2028
Chart on UK - Market size and forecast 2023-2028 ($ million)
Data Table on UK - Market size and forecast 2023-2028 ($ million)
Chart on UK - Year-over-year growth 2023-2028 (%)
Data Table on UK - Year-over-year growth 2023-2028 (%)
8.13 Market opportunity By Geographical Landscape
Market opportunity By Geographical Landscape ($ million)
Data Tables on Market opportunity By Geographical Landscape ($ million)
9 Drivers, Challenges, and Opportunity/Restraints
9.1 Market drivers
9.2 Market challenges
9.3 Impact of drivers and challenges
Impact of drivers and challenges in 2023 and 2028
9.4 Market opportunities/restraints
10 Competitive Landscape
10.1 Overview
10.2 Competitive Landscape
Overview on criticality of inputs and factors of differentiation
10.3 Landscape disruption
Overview on factors of disruption
10.4 Industry risks
Impact of key risks on business
11 Competitive Analysis
11.1 Companies profiled
Companies covered
11.2 Market positioning of companies
Matrix on companies position and classification
11.3 ABB Ltd.
ABB Ltd. - Overview
ABB Ltd. - Business segments
ABB Ltd. - Key news
ABB Ltd. - Key offerings
ABB Ltd. - Segment focus
11.4 Adlee Powertronic Co. Ltd.
Adlee Powertronic Co. Ltd. - Overview
Adlee Powertronic Co. Ltd. - Product / Service
Adlee Powertronic Co. Ltd. - Key offerings
11.5 Bison Gear And Engineering Corp.
Bison Gear And Engineering Corp. - Overview
Bison Gear And Engineering Corp. - Product / Service
Bison Gear And Engineering Corp. - Key offerings
11.6 Havells India Ltd.
Havells India Ltd. - Overview
Havells India Ltd. - Business segments
Havells India Ltd. - Key news
Havells India Ltd. - Key offerings
Havells India Ltd. - Segment focus
11.7 Nidec Corp.
Nidec Corp. - Overview
Nidec Corp. - Business segments
Nidec Corp. - Key news
Nidec Corp. - Key offerings
Nidec Corp. - Segment focus
11.8 Nord Gear Ltd.
Nord Gear Ltd. - Overview
Nord Gear Ltd. - Product / Service
Nord Gear Ltd. - Key offerings
11.9 Regal Rexnord Corp.
Regal Rexnord Corp. - Overview
Regal Rexnord Corp. - Business segments
Regal Rexnord Corp. - Key news
Regal Rexnord Corp. - Key offerings
Regal Rexnord Corp. - Segment focus
11.10 Rockwell Automation Inc.
Rockwell Automation Inc. - Overview
Rockwell Automation Inc. - Business segments
Rockwell Automation Inc. - Key news
Rockwell Automation Inc. - Key offerings
Rockwell Automation Inc. - Segment focus
11.11 Siemens AG
Siemens AG - Overview
Siemens AG - Business segments
Siemens AG - Key news
Siemens AG - Key offerings
Siemens AG - Segment focus
11.12 WEG S.A
WEG S.A - Overview
WEG S.A - Business segments
WEG S.A - Key news
WEG S.A - Key offerings
WEG S.A - Segment focus
12 Appendix
12.1 Scope of the report
12.2 Inclusions and exclusions checklist
Inclusions checklist
Exclusions checklist
12.3 Currency conversion rates for US$
Currency conversion rates for US$
12.4 Research methodology
Research methodology
12.5 Data procurement
Information sources
12.6 Data validation
Data validation
12.7 Validation techniques employed for market sizing
Validation techniques employed for market sizing
12.8 Data synthesis
Data synthesis
12.9 360 degree market analysis
360 degree market analysis
12.10 List of abbreviations
List of abbreviations
Exhibits:
Exhibits1: Executive Summary - Chart on Market Overview
Exhibits2: Executive Summary - Data Table on Market Overview
Exhibits3: Executive Summary - Chart on Global Market Characteristics
Exhibits4: Executive Summary - Chart on Market By Geographical Landscape
Exhibits5: Executive Summary - Chart on Market Segmentation by Application
Exhibits6: Executive Summary - Chart on Incremental Growth
Exhibits7: Executive Summary - Data Table on Incremental Growth
Exhibits8: Executive Summary - Chart on Company Market Positioning
Exhibits9: Parent Market
Exhibits10: Data Table on - Parent Market
Exhibits11: Market characteristics analysis
Exhibits12: Value Chain Analysis
Exhibits13: Offerings of companies included in the market definition
Exhibits14: Market segments
Exhibits15: Chart on Global - Market size and forecast 2023-2028 ($ million)
Exhibits16: Data Table on Global - Market size and forecast 2023-2028 ($ million)
Exhibits17: Chart on Global Market: Year-over-year growth 2023-2028 (%)
Exhibits18: Data Table on Global Market: Year-over-year growth 2023-2028 (%)
Exhibits19: Historic Market Size - Data Table on Global Inverter Duty Motor Market 2018 - 2022 ($ million)
Exhibits20: Historic Market Size - Application Segment 2018 - 2022 ($ million)
Exhibits21: Historic Market Size - Geography Segment 2018 - 2022 ($ million)
Exhibits22: Historic Market Size - Country Segment 2018 - 2022 ($ million)
Exhibits23: Five forces analysis - Comparison between 2023 and 2028
Exhibits24: Bargaining power of buyers - Impact of key factors 2023 and 2028
Exhibits25: Bargaining power of suppliers - Impact of key factors in 2023 and 2028
Exhibits26: Threat of new entrants - Impact of key factors in 2023 and 2028
Exhibits27: Threat of substitutes - Impact of key factors in 2023 and 2028
Exhibits28: Threat of rivalry - Impact of key factors in 2023 and 2028
Exhibits29: Chart on Market condition - Five forces 2023 and 2028
Exhibits30: Chart on Application - Market share 2023-2028 (%)
Exhibits31: Data Table on Application - Market share 2023-2028 (%)
Exhibits32: Chart on Comparison by Application
Exhibits33: Data Table on Comparison by Application
Exhibits34: Chart on Pumps - Market size and forecast 2023-2028 ($ million)
Exhibits35: Data Table on Pumps - Market size and forecast 2023-2028 ($ million)
Exhibits36: Chart on Pumps - Year-over-year growth 2023-2028 (%)
Exhibits37: Data Table on Pumps - Year-over-year growth 2023-2028 (%)
Exhibits38: Chart on Fans - Market size and forecast 2023-2028 ($ million)
Exhibits39: Data Table on Fans - Market size and forecast 2023-2028 ($ million)
Exhibits40: Chart on Fans - Year-over-year growth 2023-2028 (%)
Exhibits41: Data Table on Fans - Year-over-year growth 2023-2028 (%)
Exhibits42: Chart on Conveyors - Market size and forecast 2023-2028 ($ million)
Exhibits43: Data Table on Conveyors - Market size and forecast 2023-2028 ($ million)
Exhibits44: Chart on Conveyors - Year-over-year growth 2023-2028 (%)
Exhibits45: Data Table on Conveyors - Year-over-year growth 2023-2028 (%)
Exhibits46: Chart on Others - Market size and forecast 2023-2028 ($ million)
Exhibits47: Data Table on Others - Market size and forecast 2023-2028 ($ million)
Exhibits48: Chart on Others - Year-over-year growth 2023-2028 (%)
Exhibits49: Data Table on Others - Year-over-year growth 2023-2028 (%)
Exhibits50: Market opportunity by Application ($ million)
Exhibits51: Data Table on Market opportunity by Application ($ million)
Exhibits52: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
Exhibits53: Chart on Market share By Geographical Landscape 2023-2028 (%)
Exhibits54: Data Table on Market share By Geographical Landscape 2023-2028 (%)
Exhibits55: Chart on Geographic comparison
Exhibits56: Data Table on Geographic comparison
Exhibits57: Chart on North America - Market size and forecast 2023-2028 ($ million)
Exhibits58: Data Table on North America - Market size and forecast 2023-2028 ($ million)
Exhibits59: Chart on North America - Year-over-year growth 2023-2028 (%)
Exhibits60: Data Table on North America - Year-over-year growth 2023-2028 (%)
Exhibits61: Chart on APAC - Market size and forecast 2023-2028 ($ million)
Exhibits62: Data Table on APAC - Market size and forecast 2023-2028 ($ million)
Exhibits63: Chart on APAC - Year-over-year growth 2023-2028 (%)
Exhibits64: Data Table on APAC - Year-over-year growth 2023-2028 (%)
Exhibits65: Chart on Europe - Market size and forecast 2023-2028 ($ million)
Exhibits66: Data Table on Europe - Market size and forecast 2023-2028 ($ million)
Exhibits67: Chart on Europe - Year-over-year growth 2023-2028 (%)
Exhibits68: Data Table on Europe - Year-over-year growth 2023-2028 (%)
Exhibits69: Chart on South America - Market size and forecast 2023-2028 ($ million)
Exhibits70: Data Table on South America - Market size and forecast 2023-2028 ($ million)
Exhibits71: Chart on South America - Year-over-year growth 2023-2028 (%)
Exhibits72: Data Table on South America - Year-over-year growth 2023-2028 (%)
Exhibits73: Chart on Middle East and Africa - Market size and forecast 2023-2028 ($ million)
Exhibits74: Data Table on Middle East and Africa - Market size and forecast 2023-2028 ($ million)
Exhibits75: Chart on Middle East and Africa - Year-over-year growth 2023-2028 (%)
Exhibits76: Data Table on Middle East and Africa - Year-over-year growth 2023-2028 (%)
Exhibits77: Chart on US - Market size and forecast 2023-2028 ($ million)
Exhibits78: Data Table on US - Market size and forecast 2023-2028 ($ million)
Exhibits79: Chart on US - Year-over-year growth 2023-2028 (%)
Exhibits80: Data Table on US - Year-over-year growth 2023-2028 (%)
Exhibits81: Chart on China - Market size and forecast 2023-2028 ($ million)
Exhibits82: Data Table on China - Market size and forecast 2023-2028 ($ million)
Exhibits83: Chart on China - Year-over-year growth 2023-2028 (%)
Exhibits84: Data Table on China - Year-over-year growth 2023-2028 (%)
Exhibits85: Chart on Japan - Market size and forecast 2023-2028 ($ million)
Exhibits86: Data Table on Japan - Market size and forecast 2023-2028 ($ million)
Exhibits87: Chart on Japan - Year-over-year growth 2023-2028 (%)
Exhibits88: Data Table on Japan - Year-over-year growth 2023-2028 (%)
Exhibits89: Chart on Germany - Market size and forecast 2023-2028 ($ million)
Exhibits90: Data Table on Germany - Market size and forecast 2023-2028 ($ million)
Exhibits91: Chart on Germany - Year-over-year growth 2023-2028 (%)
Exhibits92: Data Table on Germany - Year-over-year growth 2023-2028 (%)
Exhibits93: Chart on UK - Market size and forecast 2023-2028 ($ million)
Exhibits94: Data Table on UK - Market size and forecast 2023-2028 ($ million)
Exhibits95: Chart on UK - Year-over-year growth 2023-2028 (%)
Exhibits96: Data Table on UK - Year-over-year growth 2023-2028 (%)
Exhibits97: Market opportunity By Geographical Landscape ($ million)
Exhibits98: Data Tables on Market opportunity By Geographical Landscape ($ million)
Exhibits99: Impact of drivers and challenges in 2023 and 2028
Exhibits100: Overview on criticality of inputs and factors of differentiation
Exhibits101: Overview on factors of disruption
Exhibits102: Impact of key risks on business
Exhibits103: Companies covered
Exhibits104: Matrix on companies position and classification
Exhibits105: ABB Ltd. - Overview
Exhibits106: ABB Ltd. - Business segments
Exhibits107: ABB Ltd. - Key news
Exhibits108: ABB Ltd. - Key offerings
Exhibits109: ABB Ltd. - Segment focus
Exhibits110: Adlee Powertronic Co. Ltd. - Overview
Exhibits111: Adlee Powertronic Co. Ltd. - Product / Service
Exhibits112: Adlee Powertronic Co. Ltd. - Key offerings
Exhibits113: Bison Gear And Engineering Corp. - Overview
Exhibits114: Bison Gear And Engineering Corp. - Product / Service
Exhibits115: Bison Gear And Engineering Corp. - Key offerings
Exhibits116: Havells India Ltd. - Overview
Exhibits117: Havells India Ltd. - Business segments
Exhibits118: Havells India Ltd. - Key news
Exhibits119: Havells India Ltd. - Key offerings
Exhibits120: Havells India Ltd. - Segment focus
Exhibits121: Nidec Corp. - Overview
Exhibits122: Nidec Corp. - Business segments
Exhibits123: Nidec Corp. - Key news
Exhibits124: Nidec Corp. - Key offerings
Exhibits125: Nidec Corp. - Segment focus
Exhibits126: Nord Gear Ltd. - Overview
Exhibits127: Nord Gear Ltd. - Product / Service
Exhibits128: Nord Gear Ltd. - Key offerings
Exhibits129: Regal Rexnord Corp. - Overview
Exhibits130: Regal Rexnord Corp. - Business segments
Exhibits131: Regal Rexnord Corp. - Key news
Exhibits132: Regal Rexnord Corp. - Key offerings
Exhibits133: Regal Rexnord Corp. - Segment focus
Exhibits134: Rockwell Automation Inc. - Overview
Exhibits135: Rockwell Automation Inc. - Business segments
Exhibits136: Rockwell Automation Inc. - Key news
Exhibits137: Rockwell Automation Inc. - Key offerings
Exhibits138: Rockwell Automation Inc. - Segment focus
Exhibits139: Siemens AG - Overview
Exhibits140: Siemens AG - Business segments
Exhibits141: Siemens AG - Key news
Exhibits142: Siemens AG - Key offerings
Exhibits143: Siemens AG - Segment focus
Exhibits144: WEG S.A - Overview
Exhibits145: WEG S.A - Business segments
Exhibits146: WEG S.A - Key news
Exhibits147: WEG S.A - Key offerings
Exhibits148: WEG S.A - Segment focus
Exhibits149: Inclusions checklist
Exhibits150: Exclusions checklist
Exhibits151: Currency conversion rates for US$
Exhibits152: Research methodology
Exhibits153: Information sources
Exhibits154: Data validation
Exhibits155: Validation techniques employed for market sizing
Exhibits156: Data synthesis
Exhibits157: 360 degree market analysis
Exhibits158: List of abbreviations

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