Inverter Duty Motor in North America industry profile provides top-line qualitative and quantitative summary information including: market share, market size (value 2019-24, and forecast to 2029). 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 (VFDs) variable-frequency drives 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 recorded revenues of $1.06 billion in 2024, representing a compound annual growth rate (CAGR) of 4.7% between 2019-24.
- The chemicals segment accounted for the market's largest proportion in 2024, with total revenues of $279.5 million, equivalent to 26.2% of the market's overall value.
- In 2024, the North American inverter duty motor market recorded an annual growth of 7.6%. The growth is attributed to the rising demand for more sophisticated and reliable motor solutions in the oil and gas extraction sector to optimize operations and maintain a competitive edge.
Scope
- Save time carrying out entry-level research by identifying the size, growth, major segments, 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
Reasons to Buy
- What was the size of the North America inverter duty motor market by value in 2024?
- What will be the size of the North America inverter duty motor market in 2029?
- 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?
- Who are the top competitors in North America's inverter duty motor market?
Table of Contents
1 Executive Summary
2 Market Overview
3 Market Data
4 Market Segmentation
5 Market Outlook
6 Five Forces Analysis
7 Competitive Landscape
8 Company Profiles
9 Macroeconomic Indicators
10 Appendix
List of Tables
List of Figures
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- ABB Ltd
- Rockwell Automation Inc
- Regal Rexnord Corp
