NEW
YORK, March 8, 2022 /PRNewswire/ -- The
global inverter duty motor market size is expected to
increase by USD 2.31 billion between
2021 and 2026, expanding at a CAGR of 9.33% during the forecast
period. Technavio expects the market to have substantial growth in
North America in the coming years.
The market is fragmented with the presence of several large
international vendors occupying the competitive landscape. These
vendors are focusing on inorganic growth by acquiring regional and
local players.
Purchase our full report to uncover successful
growth strategies adopted by leading vendors and make informed
decisions.
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The growing need for energy-efficient equipment will be driving
the growth of the market during the forecast period. Industrial
operators across the world are exhibiting high demand for
energy-efficient devices in order to comply with various
regulations related to energy consumption. For instance, the EU
Energy Efficiency Directive 2012/27/EU (EU EED) requires all large
enterprises in the EU to comply with the energy audit obligations.
Similarly, the ISO 50001 compels enterprises across industries to
reduce power consumption by adopting energy-efficient equipment and
support systems. These factors will increase the demand for
inverter duty motors among end-users, thereby driving the growth of
the market.
Also, factors such as increasing industrialization and
commercialization and the presence of regulations that mandate the
use of inverter duty motors accelerate the growth of the
market.
Inverter Duty Motor Market: Segment Highlights
- By application, the market is analyzed by segments such as
pumps, fans, conveyors, and others.
- The pumps segment currently generates maximum revenue in the
market.
- The increasing demand for inverter duty motors for pump
applications across chemical manufacturing, metal and mining, and
food and beverage industries is driving the growth of the
segment.
- Also, factors such as rising corporate investments and the
replacement of normal engines with inverter duty motors will be
crucial in driving the growth of the market in the pumps segment
during the forecast period.
Regional Analysis
- 35% of the growth will originate from the North American
region.
- Increasing investments in new chemical and petrochemical
projects will drive the growth of the inverter duty motor market in
North America during the forecast
period.
- The US is the key market for the inverter duty market in
North America.
- Countries such as China,
Japan, Germany, and the UK are also expected to
emerge as prominent markets for the inverter duty motor
market.
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the growth contributions of segments, regions, and key countries in
the market.
Notes:
- The inverter duty motor market size is expected to accelerate
at a CAGR of 9.33% during the forecast period.
- The inverter duty motor market is segmented by application
(pumps, fans, conveyors, and others) and geography (North America, APAC, Europe, South
America, and the Middle
East and Africa).
- The market is fragmented due to the presence of many
established vendors holding significant market share.
- The research report offers information on several market
vendors, including ABB Ltd., Adlee Powertronic Co.Ltd., Bison Gear
And Engineering Corp., Bodine Electric Co., FUKUTA Elec. and Mach.
Co. Ltd., 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, TECO Electric and
Machinery Co. Ltd., and WEG SA.
Related Reports:
Industrial Peristaltic Pumps Market by End-user and Geography
- Forecast and Analysis 2022-2026
Low Voltage Motors Market by End-user, Type, and Geography -
Forecast and Analysis 2021-2025
Inverter Duty
Motor Market Scope
|
Report
Coverage
|
Details
|
Page number
|
120
|
Base year
|
2021
|
Forecast
period
|
2022-2026
|
Growth momentum &
CAGR
|
Accelerate at a CAGR of
9.33%
|
Market growth
2022-2026
|
USD 2.31
billion
|
Market
structure
|
Fragmented
|
YoY growth
(%)
|
8.1
|
Regional
analysis
|
North America, APAC,
Europe, South America, and Middle East and Africa
|
Performing market
contribution
|
North America at
35%
|
Key consumer
countries
|
US, China, Japan,
Germany, and UK
|
Competitive
landscape
|
Leading companies,
competitive strategies, consumer engagement scope
|
Companies
profiled
|
ABB Ltd., Adlee
Powertronic Co.Ltd., Bison Gear And Engineering Corp., Bodine
Electric Co., FUKUTA Elec. and Mach. Co. Ltd., 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, TECO Electric and Machinery Co. Ltd., and WEG
SA
|
Market
Dynamics
|
Parent market analysis,
Market growth inducers and obstacles, Fast-growing and slow-growing
segment analysis, COVID-19 impact and future consumer dynamics,
market condition analysis for the forecast period.
|
Customization
purview
|
If our report has not
included the data that you are looking for, you can reach out to
our analysts and get segments customized.
|
Table of Contents:
1 Executive Summary
- 1.1 Market overview
-
- Exhibit 01: Executive Summary – Chart on Market Overview
- Exhibit 02: Executive Summary – Data Table on Market
Overview
- Exhibit 03: Executive Summary – Chart on Global Market
Characteristics
- Exhibit 04: Executive Summary – Chart on Market by
Geography
- Exhibit 05: Executive Summary – Chart on Market Segmentation by
Application
- Exhibit 06: Executive Summary – Chart on Incremental
Growth
- Exhibit 07: Executive Summary – Data Table on Incremental
Growth
- Exhibit 08: Executive Summary – Chart on Vendor Market
Positioning
2 Market Landscape
- 2.1 Market ecosystem
-
- Exhibit 09: Parent market
- Exhibit 10: Market Characteristics
3 Market Sizing
- 3.1 Market definition
-
- Exhibit 11: Offerings of vendors included in the market
definition
- 3.2 Market segment analysis
-
- Exhibit 12: Market segments
- 3.4 Market outlook: Forecast for 2021-2026
-
- Exhibit 13: Chart on Global - Market size and forecast
2021-2026 ($ million)
- Exhibit 14: Data Table on Global - Market size and forecast
2021-2026 ($ million)
- Exhibit 15: Chart on Global Market: Year-over-year growth
2021-2026 (%)
- Exhibit 16: Data Table on Global Market: Year-over-year growth
2021-2026 (%)
4 Five Forces Analysis
- 4.1 Five forces summary
-
- Exhibit 17: Five forces analysis - Comparison between 2021 and
2026
- 4.2 Bargaining power of buyers
-
- Exhibit 18: Bargaining power of buyers – Impact of key factors
in 2021 and 2026
- 4.3 Bargaining power of suppliers
-
- Exhibit 19: Bargaining power of suppliers – Impact of key
factors in 2021 and 2026
- 4.4 Threat of new entrants
-
- Exhibit 20: Threat of new entrants – Impact of key factors in
2021 and 2026
- 4.5 Threat of substitutes
-
- Exhibit 21: Threat of substitutes – Impact of key factors in
2021 and 2026
- 4.6 Threat of rivalry
-
- Exhibit 22: Threat of rivalry – Impact of key factors in 2021
and 2026
- 4.7 Market condition
-
- Exhibit 23: Chart on Market condition - Five forces 2021 and
2026
5 Market Segmentation by Application
- 5.1 Market segments
-
- Exhibit 24: Chart on Application - Market share 2021-2026
(%)
- Exhibit 25: Data Table on Application - Market share 2021-2026
(%)
- 5.2 Comparison by Application
-
- Exhibit 26: Chart on Comparison by Application
- Exhibit 27: Data Table on Comparison by Application
- 5.3 Pumps - Market size and forecast 2021-2026
-
- Exhibit 28: Chart on Pumps - Market size and forecast 2021-2026
($ million)
- Exhibit 29: Data Table on Pumps - Market size and forecast
2021-2026 ($ million)
- Exhibit 30: Chart on Pumps - Year-over-year growth 2021-2026
(%)
- Exhibit 31: Data Table on Pumps - Year-over-year growth
2021-2026 (%)
- 5.4 Fans - Market size and forecast 2021-2026
-
- Exhibit 32: Chart on Fans - Market size and forecast 2021-2026
($ million)
- Exhibit 33: Data Table on Fans - Market size and forecast
2021-2026 ($ million)
- Exhibit 34: Chart on Fans - Year-over-year growth 2021-2026
(%)
- Exhibit 35: Data Table on Fans - Year-over-year growth
2021-2026 (%)
- 5.5 Conveyors - Market size and forecast 2021-2026
-
- Exhibit 36: Chart on Conveyors - Market size and forecast
2021-2026 ($ million)
- Exhibit 37: Data Table on Conveyors - Market size and forecast
2021-2026 ($ million)
- Exhibit 38: Chart on Conveyors - Year-over-year growth
2021-2026 (%)
- Exhibit 39: Data Table on Conveyors - Year-over-year growth
2021-2026 (%)
- 5.6 Others - Market size and forecast 2021-2026
-
- Exhibit 40: Chart on Others - Market size and forecast
2021-2026 ($ million)
- Exhibit 41: Data Table on Others - Market size and forecast
2021-2026 ($ million)
- Exhibit 42: Chart on Others - Year-over-year growth 2021-2026
(%)
- Exhibit 43: Data Table on Others - Year-over-year growth
2021-2026 (%)
- 5.7 Market opportunity by Application
-
- Exhibit 44: Market opportunity by Application ($ million)
6 Customer Landscape
- 6.1 Customer landscape overview
-
- Exhibit 45: Analysis of price sensitivity, lifecycle, customer
purchase basket, adoption rates, and purchase criteria
7 Geographic Landscape
- 7.1 Geographic segmentation
-
- Exhibit 46: Chart on Market share by geography 2021-2026
(%)
- Exhibit 47: Data Table on Market share by geography 2021-2026
(%)
- 7.2 Geographic comparison
-
- Exhibit 48: Chart on Geographic comparison
- Exhibit 49: Data Table on Geographic comparison
- 7.3 North America - Market
size and forecast 2021-2026
-
- Exhibit 50: Chart on North
America - Market size and forecast 2021-2026 ($
million)
- Exhibit 51: Data Table on North
America - Market size and forecast 2021-2026 ($
million)
- Exhibit 52: Chart on North
America - Year-over-year growth 2021-2026 (%)
- Exhibit 53: Data Table on North
America - Year-over-year growth 2021-2026 (%)
- 7.4 APAC - Market size and forecast 2021-2026
-
- Exhibit 54: Chart on APAC - Market size and forecast 2021-2026
($ million)
- Exhibit 55: Data Table on APAC - Market size and forecast
2021-2026 ($ million)
- Exhibit 56: Chart on APAC - Year-over-year growth 2021-2026
(%)
- Exhibit 57: Data Table on APAC - Year-over-year growth
2021-2026 (%)
- 7.5 Europe - Market size and
forecast 2021-2026
-
- Exhibit 58: Chart on Europe -
Market size and forecast 2021-2026 ($ million)
- Exhibit 59: Data Table on Europe - Market size and forecast 2021-2026 ($
million)
- Exhibit 60: Chart on Europe -
Year-over-year growth 2021-2026 (%)
- Exhibit 61: Data Table on Europe - Year-over-year growth 2021-2026
(%)
- 7.6 South America - Market
size and forecast 2021-2026
-
- Exhibit 62: Chart on South
America - Market size and forecast 2021-2026 ($
million)
- Exhibit 63: Data Table on South
America - Market size and forecast 2021-2026 ($
million)
- Exhibit 64: Chart on South
America - Year-over-year growth 2021-2026 (%)
- Exhibit 65: Data Table on South
America - Year-over-year growth 2021-2026 (%)
- 7.7 Middle East and
Africa - Market size and forecast
2021-2026
-
- Exhibit 66: Chart on Middle
East and Africa - Market
size and forecast 2021-2026 ($ million)
- Exhibit 67: Data Table on Middle
East and Africa - Market
size and forecast 2021-2026 ($ million)
- Exhibit 68: Chart on Middle
East and Africa -
Year-over-year growth 2021-2026 (%)
- Exhibit 69: Data Table on Middle
East and Africa -
Year-over-year growth 2021-2026 (%)
- 7.8 US - Market size and forecast 2021-2026
-
- Exhibit 70: Chart on US - Market size and forecast 2021-2026 ($
million)
- Exhibit 71: Data Table on US - Market size and forecast
2021-2026 ($ million)
- Exhibit 72: Chart on US - Year-over-year growth 2021-2026
(%)
- Exhibit 73: Data Table on US - Year-over-year growth 2021-2026
(%)
- 7.9 China - Market size and
forecast 2021-2026
-
- Exhibit 74: Chart on China -
Market size and forecast 2021-2026 ($ million)
- Exhibit 75: Data Table on China - Market size and forecast 2021-2026 ($
million)
- Exhibit 76: Chart on China -
Year-over-year growth 2021-2026 (%)
- Exhibit 77: Data Table on China - Year-over-year growth 2021-2026
(%)
- 7.10 Japan - Market size and
forecast 2021-2026
-
- Exhibit 78: Chart on Japan -
Market size and forecast 2021-2026 ($ million)
- Exhibit 79: Data Table on Japan - Market size and forecast 2021-2026 ($
million)
- Exhibit 80: Chart on Japan -
Year-over-year growth 2021-2026 (%)
- Exhibit 81: Data Table on Japan - Year-over-year growth 2021-2026
(%)
- 7.11 Germany - Market size and
forecast 2021-2026
-
- Exhibit 82: Chart on Germany -
Market size and forecast 2021-2026 ($ million)
- Exhibit 83: Data Table on Germany - Market size and forecast 2021-2026
($ million)
- Exhibit 84: Chart on Germany -
Year-over-year growth 2021-2026 (%)
- Exhibit 85: Data Table on Germany - Year-over-year growth 2021-2026
(%)
- 7.12 UK - Market size and forecast 2021-2026
-
- Exhibit 86: Chart on UK - Market size and forecast 2021-2026 ($
million)
- Exhibit 87: Data Table on UK - Market size and forecast
2021-2026 ($ million)
- Exhibit 88: Chart on UK - Year-over-year growth 2021-2026
(%)
- Exhibit 89: Data Table on UK - Year-over-year growth 2021-2026
(%)
- 7.13 Market opportunity by geography
-
- Exhibit 90: Market opportunity by geography ($ million)
8 Drivers, Challenges, and Trends
- 8.3 Impact of drivers and challenges
-
- Exhibit 91: Impact of drivers and challenges in 2021 and
2026
9 Vendor Landscape
- 9.2 Vendor landscape
-
- Exhibit 92: Overview on Criticality of inputs and Factors of
differentiation
- 9.3 Landscape disruption
-
- Exhibit 93: Overview on factors of disruption
- 9.4 Industry risks
-
- Exhibit 94: Impact of key risks on business
10 Vendor Analysis
- 10.1 Vendors covered
-
- Exhibit 95: Vendors covered
- 10.2 Market positioning of vendors
-
- Exhibit 96: Matrix on vendor position and classification
- 10.3 ABB Ltd.
-
- Exhibit 97: ABB Ltd. - Overview
- Exhibit 98: ABB Ltd. - Business segments
- Exhibit 99: ABB Ltd. - Key offerings
- Exhibit 100: ABB Ltd. - Segment focus
- 10.4 Adlee Powertronic Co.Ltd.
-
- Exhibit 101: Adlee Powertronic Co.Ltd. - Overview
- Exhibit 102: Adlee Powertronic Co.Ltd. - Product / Service
- Exhibit 103: Adlee Powertronic Co.Ltd. - Key offerings
- 10.5 Bison Gear And Engineering Corp.
-
- Exhibit 104: Bison Gear And Engineering Corp. - Overview
- Exhibit 105: Bison Gear And Engineering Corp. - Product /
Service
- Exhibit 106: Bison Gear And Engineering Corp. - Key
offerings
- 10.6 Havells India Ltd.
-
- Exhibit 107: Havells India Ltd. - Overview
- Exhibit 108: Havells India Ltd. - Business segments
- Exhibit 109: Havells India Ltd. - Key news
- Exhibit 110: Havells India Ltd. - Key offerings
- Exhibit 111: Havells India Ltd. - Segment focus
- 10.7 Nidec Corp.
-
- Exhibit 112: Nidec Corp. - Overview
- Exhibit 113: Nidec Corp. - Business segments
- Exhibit 114: Nidec Corp. - Key news
- Exhibit 115: Nidec Corp. - Key offerings
- Exhibit 116: Nidec Corp. - Segment focus
- 10.8 Nord Gear Ltd.
-
- Exhibit 117: Nord Gear Ltd. - Overview
- Exhibit 118: Nord Gear Ltd. - Product / Service
- Exhibit 119: Nord Gear Ltd. - Key offerings
- 10.9 Regal Rexnord Corp.
-
- Exhibit 120: Regal Rexnord Corp. - Overview
- Exhibit 121: Regal Rexnord Corp. - Business segments
- Exhibit 122: Regal Rexnord Corp. - Key offerings
- Exhibit 123: Regal Rexnord Corp. - Segment focus
- 10.10 Rockwell Automation Inc.
-
- Exhibit 124: Rockwell Automation Inc. - Overview
- Exhibit 125: Rockwell Automation Inc. - Business segments
- Exhibit 126: Rockwell Automation Inc. - Key news
- Exhibit 127: Rockwell Automation Inc. - Key offerings
- Exhibit 128: Rockwell Automation Inc. - Segment focus
- 10.11 Siemens AG
-
- Exhibit 129: Siemens AG - Overview
- Exhibit 130: Siemens AG - Business segments
- Exhibit 131: Siemens AG - Key news
- Exhibit 132: Siemens AG - Key offerings
- Exhibit 133: Siemens AG - Segment focus
- 10.12 WEG SA
-
- Exhibit 134: WEG SA -
Overview
- Exhibit 135: WEG SA - Business
segments
- Exhibit 136: WEG SA - Key
offerings
- Exhibit 137: WEG SA - Segment
focus
11 Appendix
- 11.2 Inclusions and exclusions checklist
-
- Exhibit 138: Inclusions checklist
- Exhibit 139: Exclusions checklist
- 11.3 Currency conversion rates for US$
-
- Exhibit 140: Currency conversion rates for US$
- 11.4 Research methodology
-
- Exhibit 141: Research methodology
- Exhibit 142: Validation techniques employed for market
sizing
- Exhibit 143: Information sources
- 11.5 List of abbreviations
-
- Exhibit 144: List of abbreviations
About Us
Technavio is a leading global technology research and advisory
company. Their research and analysis focuses on emerging market
trends and provides actionable insights to help businesses identify
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Technavio Research
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