Inverter Duty Motor Market Size, Share & Trends Analysis Report By Material (Laminated steel, Cast iron, Aluminum), By Application, By Industry Vertical (Chemicals, Metal & mining), By Region, And Segment Forecasts, 2024

The global inverter duty motor market size was valued at USD 5.09 billion in 2023 and is expected to grow at a CAGR of 9.8% from 2024 to 2030. An inverter duty motor is an electric motor specifically designed to operate with variable frequency drives (VFDs). These motors are engineered with robust insulation and cooling systems to withstand the rapid voltage and frequency fluctuations inherent to VFD operation. They find applications across industries such as manufacturing, HVAC, and pumping. The market is experiencing substantial growth due to the increasing adoption of energy-efficient and precise motor control systems.

The inverter duty motor market is characterized by a strong inclination toward energy efficiency and precision. Advancements in motor design, materials, and cooling technologies are enabling the development of higher-efficiency and more durable motors. The integration of digital technologies, such as sensors and IoT connectivity, is transforming motor operations through predictive maintenance and performance optimization. Moreover, a growing emphasis on sustainability and reduced carbon emissions is driving the demand for inverter duty motors as they offer significant energy savings compared to traditional motors.

The market is subject to a range of regulations focused on energy efficiency, safety, and environmental protection. Governments worldwide are implementing stringent standards to promote the adoption of energy-efficient motors and reduce greenhouse gas emissions. Compliance with these regulations is crucial for motor manufacturers to gain market access. Additionally, safety standards, such as those related to insulation, mechanical integrity, and electromagnetic compatibility, must be adhered to for ensuring product reliability and user safety.

The primary drivers of the market include the increasing demand for energy efficiency, the growing adoption of automation and robotics, and the expansion of various end-user industries. Furthermore, advancements in VFD technology and the availability of cost-effective motor control solutions are propelling market growth. However, challenges such as the high initial cost of inverter duty motors compared to standard motors and the complexity of motor selection and application can hinder market penetration.

The market presents substantial opportunities for growth and innovation. The development of high-efficiency motors with extended service life can create new market segments. Integrating advanced features like condition monitoring and predictive maintenance can enhance motor reliability and reduce downtime. Expanding into emerging markets with growing industrialization offers significant potential for market expansion. Additionally, exploring niche applications, such as electric vehicles and renewable energy systems, can open up new avenues for growth.

Global Inverter Duty Motor Market Report Segmentation

The report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2017 to 2030. For this study, Grand View Research has segmented the global inverter duty motor market report based on material, application, industry vertical, and region.

Material Outlook (Revenue, USD Billion, 2017 - 2030)
Laminated steel
Cast iron
Aluminum
Application Outlook (Revenue, USD Billion, 2017 - 2030)
Pumps
Fans
Conveyors
Extruders
Others
Industry Vertical Outlook (Revenue, USD Billion, 2017 - 2030)
Chemicals
Oil & gas
Metal & mining
Paper & pulp
Food & beverage
Others
Regional Outlook (Revenue, USD Billion, 2017 - 2030)
North America
- U.S.
- Canada
- Mexico
Europe
- Germany
- UK
- France
- Italy
- Spain
Asia Pacific
- China
- India
- Japan
- Australia
- South Korea
Latin America
- Brazil
Middle East & Africa (MEA)
- United Arab Emirates (UAE)
- Kingdom of Saudi Arabia (KSA)
- South Africa

Product Code: GVR-4-68040-401-7

Chapter 1. Methodology and Scope

1.1. Market Segmentation & Scope
1.2. Market Definitions
1.3. Information Procurement
1.4. Information Analysis
- 1.4.1. Market Formulation & Data Visualization
- 1.4.2. Data Validation & Publishing
1.5. Research Scope and Assumptions
1.6. List of Data Sources

Chapter 2. Executive Summary

2.1. Market Outlook
2.2. Segmental Outlook
2.3. Competitive Landscape Snapshot

Chapter 3. Market Variables, Trends, and Scope

3.1. Market Lineage Outlook
3.2. Industry Value Chain Analysis
3.3. Market Dynamics
- 3.3.1. Market Driver Impact Analysis
- 3.3.2. Market Restraint Impact Analysis
- 3.3.3. Market Opportunity Impact Analysis
3.4. Industry Analysis Tools
- 3.4.1. Porter's Analysis
- 3.4.2. PESTEL Analysis

Chapter 4. Inverter Duty Motor Market: Material Estimates & Trend Analysis

4.1. Material Movement Analysis & Market Share, 2023 & 2030
4.2. Inverter Duty Motor Market Estimates & Forecast, By Material
- 4.2.1. Laminated steel
- 4.2.2. Cast iron
- 4.2.3. Aluminum

Chapter 5. Inverter Duty Motor Market: Application Estimates & Trend Analysis

5.1. Application Movement Analysis & Market Share, 2023 & 2030
5.2. Inverter Duty Motor Market Estimates & Forecast, By Application
- 5.2.1. Pumps
- 5.2.2. Fans
- 5.2.3. Conveyors
- 5.2.4. Extruders
- 5.2.5. Others

Chapter 6. Inverter Duty Motor Market: Industry Vertical Estimates & Trend Analysis

6.1. Industry Vertical Movement Analysis & Market Share, 2023 & 2030
6.2. Inverter Duty Motor Market Estimates & Forecast, By Industry Vertical
- 6.2.1. Chemicals
- 6.2.2. Oil & gas
- 6.2.3. Metal & mining
- 6.2.4. Paper & pulp
- 6.2.5. Food & beverage
- 6.2.6. Others

Chapter 7. Inverter Duty Motor Market: Regional Estimates & Trend Analysis

7.1. Inverter Duty Motor Market: Regional Outlook
7.2. North America
- 7.2.1. North America Inverter Duty Motor Market Estimates & Forecasts, 2018 - 2030 (USD Billion)
- 7.2.2. U.S.
  - 7.2.2.1. U.S. Inverter Duty Motor Market Estimates & Forecasts, 2018 - 2030 (USD Billion)
- 7.2.3. Canada
  - 7.2.3.1. Canada Inverter Duty Motor Market Estimates & Forecasts, 2018 - 2030 (USD Billion)
- 7.2.4. Mexico
  - 7.2.4.1. Mexico Inverter Duty Motor Market Estimates & Forecasts, 2018 - 2030 (USD Billion)
7.3. Europe
- 7.3.1. Europe Inverter Duty Motor Market Estimates & Forecasts, 2018 - 2030 (USD Billion)
- 7.3.2. Germany
  - 7.3.2.1. Germany Inverter Duty Motor Market Estimates & Forecasts, 2018 - 2030 (USD Billion)
- 7.3.3. Germany
  - 7.3.3.1. Germany Inverter Duty Motor Market Estimates & Forecasts, 2018 - 2030 (USD Billion)
- 7.3.4. U.K.
  - 7.3.4.1. U.K. Inverter Duty Motor Market Estimates & Forecasts, 2018 - 2030 (USD Billion)
- 7.3.5. France
  - 7.3.5.1. France Inverter Duty Motor Market Estimates & Forecasts, 2018 - 2030 (USD Billion)
7.4. Asia Pacific
- 7.4.1. Asia Pacific Inverter Duty Motor Market Estimates & Forecasts, 2018 - 2030 (USD Billion)
- 7.4.2. China
  - 7.4.2.1. China Inverter Duty Motor Market Estimates & Forecasts, 2018 - 2030 (USD Billion)
- 7.4.3. India
  - 7.4.3.1. India Inverter Duty Motor Market Estimates & Forecasts, 2018 - 2030 (USD Billion)
- 7.4.4. Japan
  - 7.4.4.1. Japan Inverter Duty Motor Market Estimates & Forecasts, 2018 - 2030 (USD Billion)
- 7.4.5. Australia
  - 7.4.5.1. Australia Inverter Duty Motor Market Estimates & Forecasts, 2018 - 2030 (USD Billion)
- 7.4.6. South Korea
  - 7.4.6.1. South Korea Inverter Duty Motor Market Estimates & Forecasts, 2018 - 2030 (USD Billion)
7.5. Latin America
- 7.5.1. Latin America Inverter Duty Motor Market Estimates & Forecasts, 2018 - 2030 (USD Billion)
- 7.5.2. Brazil
  - 7.5.2.1. Brazil Inverter Duty Motor Market Estimates & Forecasts, 2018 - 2030 (USD Billion)
7.6. Middle East and Africa (MEA)
- 7.6.1. Middle East and Africa (MEA) Inverter Duty Motor Market Estimates & Forecasts, 2018 - 2030 (USD Billion)
- 7.6.2. United Arab Emirates (UAE)
  - 7.6.2.1. United Arab Emirates (UAE) Inverter Duty Motor Market Estimates & Forecasts, 2018 - 2030 (USD Billion)
- 7.6.3. Kingdom of Saudi Arabia (KSA)
  - 7.6.3.1. Kingdom of Saudi Arabia (KSA) Inverter Duty Motor Market Estimates & Forecasts, 2018 - 2030 (USD Billion)
- 7.6.4. South Africa
  - 7.6.4.1. South Africa Inverter Duty Motor Market Estimates & Forecasts, 2018 - 2030 (USD Billion)

Chapter 8. Competitive Landscape

8.1. Company Categorization
8.2. Financial Performance
8.3. Product Benchmarking
8.4. Company Market Share Analysis, 2023
8.5. Strategy Mapping
- 8.5.1. Expansion
- 8.5.2. Collaborations
- 8.5.3. Mergers & Acquisitions
- 8.5.4. Product Launches
- 8.5.5. Partnerships
- 8.5.6. Others
8.6. Company List
- 8.6.1. ABB
- 8.6.2. Adlee Powertronic Co., Ltd.
- 8.6.3. AES Electronic Services
- 8.6.4. Bodine Electric Company
- 8.6.5. Elmech Industries
- 8.6.6. FUKUTA ELEC. & MACH. CO, LTD.
- 8.6.7. KEB Automation KG
- 8.6.8. Nidec Motor Corporation
- 8.6.9. Regal Rexnord Corporation
- 8.6.10. veikong
- 8.6.11. Watertronics
- 8.6.12. WEG

Product Code: GVR-4-68040-401-7

List of Tables

Table 1 Inverter Duty Motor market, (USD Billion) 2017 - 2030
Table 2 Global market estimates and forecasts, by region, 2017 - 2030 (USD Billion)
Table 3 Global market estimates and forecasts, by Material, 2017 - 2030 (USD Billion)
Table 4 Global market estimates and forecasts, by Application, 2017 - 2030 (USD Billion)
Table 5 Global market estimates and forecasts, by Industry Vertical, 2017 - 2030 (USD Billion)
Table 6 Laminated steel Inverter Duty Motor market, by region, 2017 - 2030 (USD Billion)
Table 7 Cast iron Inverter Duty Motor market, by region, 2017 - 2030 (USD Billion)
Table 8 Aluminum Inverter Duty Motor market, by region, 2017 - 2030 (USD Billion)
Table 9 Pumps Inverter Duty Motor market, by region, 2017 - 2030 (USD Billion)
Table 10 Fans Inverter Duty Motor market, by region, 2017 - 2030 (USD Billion)
Table 11 Conveyors Inverter Duty Motor market, by region, 2017 - 2030 (USD Billion)
Table 12 Extruders Inverter Duty Motor market, by region, 2017 - 2030 (USD Billion)
Table 13 Others Inverter Duty Motor market, by region, 2017 - 2030 (USD Billion)
Table 14 Chemicals Inverter Duty Motor market, by region, 2017 - 2030 (USD Billion)
Table 15 Oil & gas Inverter Duty Motor market, by region, 2017 - 2030 (USD Billion)
Table 16 Metal & mining Inverter Duty Motor market, by region, 2017 - 2030 (USD Billion)
Table 17 Paper & pulp Inverter Duty Motor market, by region, 2017 - 2030 (USD Billion)
Table 18 Food & beverage Inverter Duty Motor market, by region, 2017 - 2030 (USD Billion)
Table 19 Others Inverter Duty Motor market, by region, 2017 - 2030 (USD Billion)
Table 20 North America Inverter Duty Motor market, by Material, 2017 - 2030 (USD Billion)
Table 21 North America Inverter Duty Motor market, by Application, 2017 - 2030 (USD Billion)
Table 22 North America Inverter Duty Motor market, by Industry Vertical, 2017 - 2030 (USD Billion)
Table 23 U.S. Inverter Duty Motor market, by Material, 2017 - 2030 (USD Billion)
Table 24 U.S. Inverter Duty Motor market, by Application, 2017 - 2030 (USD Billion)
Table 25 U.S. Inverter Duty Motor market, by Industry Vertical, 2017 - 2030 (USD Billion)
Table 26 Canada Inverter Duty Motor market, by Material, 2017 - 2030 (USD Billion)
Table 27 Canada Inverter Duty Motor market, by Application, 2017 - 2030 (USD Billion)
Table 28 Canada Inverter Duty Motor market, by Industry Vertical, 2017 - 2030 (USD Billion)
Table 29 Mexico Inverter Duty Motor market, by Material, 2017 - 2030 (USD Billion)
Table 30 Mexico Inverter Duty Motor market, by Application, 2017 - 2030 (USD Billion)
Table 31 Mexico Inverter Duty Motor market, by Industry Vertical, 2017 - 2030 (USD Billion)
Table 32 Europe Inverter Duty Motor market, by Material, 2017 - 2030 (USD Billion)
Table 33 Europe Inverter Duty Motor market, by Application, 2017 - 2030 (USD Billion)
Table 34 Europe Inverter Duty Motor market, by Industry Vertical, 2017 - 2030 (USD Billion)
Table 35 Germany Inverter Duty Motor market, by Material, 2017 - 2030 (USD Billion)
Table 36 Germany Inverter Duty Motor market, by Application, 2017 - 2030 (USD Billion)
Table 37 Germany Inverter Duty Motor market, by Industry Vertical, 2017 - 2030 (USD Billion)
Table 38 U.K. Inverter Duty Motor market, by Material, 2017 - 2030 (USD Billion)
Table 39 U.K. Inverter Duty Motor market, by Application, 2017 - 2030 (USD Billion)
Table 40 U.K. Inverter Duty Motor market, by Industry Vertical, 2017 - 2030 (USD Billion)
Table 41 France Inverter Duty Motor market, by Material, 2017 - 2030 (USD Billion)
Table 42 France Inverter Duty Motor market, by Application, 2017 - 2030 (USD Billion)
Table 43 France Inverter Duty Motor market, by Industry Vertical, 2017 - 2030 (USD Billion)
Table 44 Italy Inverter Duty Motor market, by Material, 2017 - 2030 (USD Billion)
Table 45 Italy Inverter Duty Motor market, by Application, 2017 - 2030 (USD Billion)
Table 46 Italy Inverter Duty Motor market, by Industry Vertical, 2017 - 2030 (USD Billion)
Table 47 Spain Inverter Duty Motor market, by Material, 2017 - 2030 (USD Billion)
Table 48 Spain Inverter Duty Motor market, by Application, 2017 - 2030 (USD Billion)
Table 49 Spain Inverter Duty Motor market, by Industry Vertical, 2017 - 2030 (USD Billion)
Table 50 Asia Pacific Inverter Duty Motor market, by Material, 2017 - 2030 (USD Billion)
Table 51 Asia Pacific Inverter Duty Motor market, by Application, 2017 - 2030 (USD Billion)
Table 52 Asia Pacific Inverter Duty Motor market, by Industry Vertical, 2017 - 2030 (USD Billion)
Table 53 China Inverter Duty Motor market, by Material, 2017 - 2030 (USD Billion)
Table 54 China Inverter Duty Motor market, by Application, 2017 - 2030 (USD Billion)
Table 55 China Inverter Duty Motor market, by Industry Vertical, 2017 - 2030 (USD 6Billion)
Table 56 India Inverter Duty Motor market, by Material, 2017 - 2030 (USD Billion)
Table 57 India Inverter Duty Motor market, by Application, 2017 - 2030 (USD Billion)
Table 58 India Inverter Duty Motor market, by Industry Vertical, 2017 - 2030 (USD Billion)
Table 59 Japan Inverter Duty Motor market, by Material, 2017 - 2030 (USD Billion)
Table 60 Japan Inverter Duty Motor market, by Application, 2017 - 2030 (USD Billion)
Table 61 Japan Inverter Duty Motor market, by Industry Vertical, 2017 - 2030 (USD Billion)
Table 62 Australia Inverter Duty Motor market, by Material, 2017 - 2030 (USD Billion)
Table 63 Australia Inverter Duty Motor market, by Application, 2017 - 2030 (USD Billion)
Table 64 Australia Inverter Duty Motor market, by Industry Vertical, 2017 - 2030 (USD Billion)
Table 65 South Korea Inverter Duty Motor market, by Material, 2017 - 2030 (USD Billion)
Table 66 South Korea Inverter Duty Motor market, by Application, 2017 - 2030 (USD Billion)
Table 67 South Korea Inverter Duty Motor market, by Industry Vertical, 2017 - 2030 (USD Billion)
Table 68 Latin America Inverter Duty Motor market, by Material, 2017 - 2030 (USD Billion)
Table 69 Latin America Inverter Duty Motor market, by Application, 2017 - 2030 (USD Billion)
Table 70 Latin America Inverter Duty Motor market, by Industry Vertical, 2017 - 2030 (USD Billion)
Table 71 Brazil Inverter Duty Motor market, by Material, 2017 - 2030 (USD Billion)
Table 72 Brazil Inverter Duty Motor market, by Application, 2017 - 2030 (USD Billion)
Table 73 Brazil Inverter Duty Motor market, by Industry Vertical, 2017 - 2030 (USD Billion)
Table 74 Middle East & Africa Inverter Duty Motor market, by Material, 2017 - 2030 (USD Billion)
Table 75 Middle East & Africa Inverter Duty Motor market, by Application, 2017 - 2030 (USD Billion)
Table 76 Middle East & Africa Inverter Duty Motor market, by Industry Vertical, 2017 - 2030 (USD Billion)
Table 77 United Arab Emirates (UAE) Inverter Duty Motor market, by Material, 2017 - 2030 (USD Billion)
Table 78 United Arab Emirates (UAE) Inverter Duty Motor market, by Application, 2017 - 2030 (USD Billion)
Table 79 United Arab Emirates (UAE) Inverter Duty Motor market, by Industry Vertical, 2017 - 2030 (USD Billion)
Table 80 Kingdom of Saudi Arabia (KSA) Inverter Duty Motor market, by Material, 2017 - 2030 (USD Billion)
Table 81 Kingdom of Saudi Arabia (KSA) Inverter Duty Motor market, by Application, 2017 - 2030 (USD Billion)
Table 82 Kingdom of Saudi Arabia (KSA) Inverter Duty Motor market, by Industry Vertical, 2017 - 2030 (USD Billion)
Table 83 South Africa Inverter Duty Motor market, by Material, 2017 - 2030 (USD Billion)
Table 84 South Africa Inverter Duty Motor market, by Application, 2017 - 2030 (USD Billion)
Table 85 South Africa Inverter Duty Motor market, by Industry Vertical, 2017 - 2030 (USD Billion)
Table 86 Company Market Share, 2023
Table 87 Key companies undergoing expansion
Table 88 Key companies undergoing collaborations
Table 89 Key companies undergoing new product launch
Table 90 Key companies undergoing mergers & acquisitions
Table 91 Key companies undergoing other strategies

List of Figures

Fig. 1. Inverter Duty Motor Market Segmentation
Fig. 2. Information Procurement
Fig. 3. Information Analysis
Fig. 4. Market Formulation & Data Visualization
Fig. 5. Data Validation & Publishing
Fig. 6. Inverter Duty Motor Market Snapshot
Fig. 7. Segment Snapshot
Fig. 8. Competitive Landscape Snapshot
Fig. 9. Inverter Duty Motor Market Value, 2023 & 2030 (USD Billion)
Fig. 10. Inverter Duty Motor - Industry Value Chain Analysis
Fig. 11. Inverter Duty Motor Market - Market Dynamics
Fig. 12. Inverter Duty Motor Market: PORTER's Analysis
Fig. 13. Inverter Duty Motor Market: PESTEL Analysis
Fig. 14. Inverter Duty Motor Market, by Material: Key Takeaways
Fig. 15. Inverter Duty Motor Market, by Material: Market Share, 2023 & 2030
Fig. 16. Inverter Duty Motor Market, by Application: Key Takeaways
Fig. 17. Inverter Duty Motor Market, by Application: Market Share, 2023 & 2030
Fig. 18. Inverter Duty Motor Market, by Industry Vertical: Key Takeaways
Fig. 19. Inverter Duty Motor Market, by Industry Vertical: Market Share, 2023 & 2030
Fig. 20. Inverter Duty Motor Market, by Region, 2023 & 2030, (USD Billion)
Fig. 21. Regional Marketplace: Key Takeaways
Fig. 22. North America Inverter Duty Motor Market Estimates & Forecast, 2018 - 2030 (USD Billion)
Fig. 23. U.S. Inverter Duty Motor Market Estimates & Forecast, 2018 - 2030 (USD Billion)
Fig. 24. Canada Inverter Duty Motor Market Estimates & Forecast, 2018 - 2030 (USD Billion)
Fig. 25. Mexico Inverter Duty Motor Market Estimates & Forecast, 2018 - 2030 (USD Billion)
Fig. 26. Europe Inverter Duty Motor Market Estimates & Forecast, 2018 - 2030 (USD Billion)
Fig. 27. Germany Inverter Duty Motor Market Estimates & Forecast, 2018 - 2030 (USD Billion)
Fig. 28. U.K. Inverter Duty Motor Market Estimates & Forecast, 2018 - 2030 (USD Billion)
Fig. 29. France Inverter Duty Motor Market Estimates & Forecast, 2018 - 2030 (USD Billion)
Fig. 30. Italy Inverter Duty Motor Market Estimates & Forecast, 2018 - 2030 (USD Billion)
Fig. 31. Spain Inverter Duty Motor Market Estimates & Forecast, 2018 - 2030 (USD Billion)
Fig. 32. Asia Pacific Inverter Duty Motor Market Estimates & Forecast, 2018 - 2030 (USD Billion)
Fig. 33. China Inverter Duty Motor Market Estimates & Forecast, 2018 - 2030 (USD Billion)
Fig. 34. India Inverter Duty Motor Market Estimates & Forecast, 2018 - 2030 (USD Billion)
Fig. 35. Japan Inverter Duty Motor Market Estimates & Forecast, 2018 - 2030 (USD Billion)
Fig. 36. Australia Inverter Duty Motor Market Estimates & Forecast, 2018 - 2030 (USD Billion)
Fig. 37. South Korea Inverter Duty Motor Market Estimates & Forecast, 2018 - 2030 (USD Billion)
Fig. 38. Latin America Inverter Duty Motor Market Estimates & Forecast, 2018 - 2030 (USD Billion)
Fig. 39. Brazil Inverter Duty Motor Market Estimates & Forecast, 2018 - 2030 (USD Billion)
Fig. 40. Middle East and Africa (MEA) Inverter Duty Motor Market Estimates & Forecast, 2018 - 2030 (USD Billion)
Fig. 41. United Arab Emirates (UAE) Inverter Duty Motor Market Estimates & Forecast, 2018 - 2030 (USD Billion)
Fig. 42. Kingdom of Saudi Arabia (KSA) Inverter Duty Motor Market Estimates & Forecast, 2018 - 2030 (USD Billion)
Fig. 43. South Africa Inverter Duty Motor Market Estimates & Forecast, 2018 - 2030 (USD Billion)
Fig. 44. Company Market Share Analysis, 2023
Fig. 45. Strategic Framework

Inverter Duty Motor Market Size, Share & Trends Analysis Report By Material (Laminated steel, Cast iron, Aluminum), By Application, By Industry Vertical (Chemicals, Metal & mining), By Region, And Segment Forecasts, 2024 - 2030

Description

Table of Contents

List of Tables

Inverter Duty Motor Market Size & Trends:

Table of Contents

Chapter 1. Methodology and Scope

Chapter 2. Executive Summary

Chapter 3. Market Variables, Trends, and Scope

Chapter 4. Inverter Duty Motor Market: Material Estimates & Trend Analysis

Chapter 5. Inverter Duty Motor Market: Application Estimates & Trend Analysis

Chapter 6. Inverter Duty Motor Market: Industry Vertical Estimates & Trend Analysis

Chapter 7. Inverter Duty Motor Market: Regional Estimates & Trend Analysis

Chapter 8. Competitive Landscape

List of Tables

List of Figures