 
 
		  
		  
			
			Enjoy complimentary customisation on priority with our Enterprise License!
The inverter duty motor market size is forecast to increase by USD 2.07 billion, at a CAGR of 8.5% between 2023 and 2028.
Explore in-depth regional segment analysis with market size data - historical 2018-2022 and forecasts 2024-2028 - in the full report.  
Request Free Sample
The market continues to evolve, driven by the ever-changing requirements of various industries. Encoder feedback and tachometer feedback are essential features in motor control systems, ensuring optimal performance and precision. Motor protection mechanisms, such as thermal protection and overload protection, are crucial in preventing damage and ensuring longevity. RPM rating, motor rewinding, and bearing life are significant factors in motor selection and maintenance. Motor manufacturers adhere to international standards, including IEC and CSA, to ensure compliance and safety. Brushless DC motors and synchronous motors are gaining popularity due to their energy efficiency and high power density. Motor resellers and the motor supply chain play a vital role in the distribution of motors, ensuring timely delivery and quality assurance.
Performance testing and motor testing are integral parts of the motor manufacturing process, ensuring motor efficiency, reliability, and compliance with industry standards. Motor assembly, motor sizing, and motor efficiency are critical considerations in motor selection and application requirements. Motor control systems, including variable frequency drives and PLC control, enable precise speed control and power factor correction. Motor repair, maintenance schedules, and motor replacement are ongoing activities in the motor industry, ensuring the continued operation of motors in various applications. Motor mounting, motor winding, and motor manufacturing processes are continually improving to meet evolving industry demands. The market is a dynamic and complex ecosystem, with ongoing activities and evolving patterns shaping its future.
Motor selection, motor assembly, motor testing, and motor performance are all interconnected, requiring a deep understanding of motor technology and industry trends.
The inverter duty motor industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in "USD million" for the period 2024-2028, as well as historical data from 2018-2022 for the following segments.
.
The pumps segment is estimated to witness significant growth during the forecast period.
The market is experiencing significant growth, particularly in industries such as chemical manufacturing, metal and mining, and food and beverage, where the use of inverter duty motors in pump applications is becoming increasingly prevalent. Inverter duty motors offer numerous advantages, including energy efficiency, reduced noise levels, and the ability to handle variable speeds and loads. These factors are driving demand in sectors where manufacturing capacity and energy savings are key priorities, such as rubber, plastic, and food processing. Variable frequency drives (VFDs) are a crucial component of inverter duty motors, enabling precise speed control and power management. Compliance with IEC standards and CE marking is essential for global market access, while thermal protection and motor selection guides ensure optimal performance and longevity.
Vibration resistance, operating temperature, shaft diameter, and motor efficiency are critical considerations in motor selection. Motor repair, load calculation, and duty cycle are essential factors in motor control systems, which often include features such as power factor correction, PLC control, and current sensing. Permanent magnet motors and synchronous motors are popular choices for applications requiring high torque and torque control. Three-phase power, slip rings, motor mounting, and motor sizing are essential aspects of motor assembly and operation. Maintenance schedules, horsepower rating, and motor distributors are important elements of the motor supply chain. Motor life expectancy and reliability testing are crucial for ensuring motor performance and longevity.
Frequency rating, voltage rating, encoder feedback, and tachometer feedback are essential motor specifications for various applications. Motor protection, rpm rating, motor rewinding, and bearing life are essential considerations for motor efficiency and longevity. Enclosure rating, brushless DC motors, and motor standards are important factors in motor selection and application requirements. Motor feedback, motor resellers, and performance testing are integral components of the motor supply chain and overall market dynamics.
The Pumps segment was valued at USD 1.28 billion in 2018 and showed a gradual increase during the forecast period.
North America is estimated to contribute 38% to the growth of the global market during the forecast period.Technavio's analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period.
The market in North America is experiencing growth due to the increasing demand for variable frequency drives (VFDs) in the oil and gas industry. This demand is driven by the initiation of new chemical and petrochemical projects, supported by grants like the Advanced Manufacturing and Recycling Grant Program by the U.S. Department of Energy, which allocates USD425 million to clean energy manufacturing and recycling projects. Additionally, the North American LNG export capacity is projected to more than double by 2028, with significant progress made in 2023. This growth in the energy sector necessitates the use of advanced industrial equipment, including inverter duty motors, which offer energy efficiency, noise reduction, and precise speed control.
IEC standards ensure interoperability and safety, while CE marking and overload protection provide regulatory compliance. Motor selection guides assist in determining the appropriate motor based on application requirements, duty cycle, and power factor correction. Motor manufacturers adhere to UL and CSA standards for insulation class, amperage rating, and voltage rating. Motor efficiency, torque calculation, and torque control are crucial factors in motor selection. Motor assembly, motor sizing, and motor efficiency testing are essential for ensuring reliable motor performance. Motor repair, maintenance schedules, and motor replacement are also important considerations. Motor distributors offer a wide range of motor types, including induction motors, synchronous motors, and permanent magnet motors, catering to various industry needs.
Motor resellers in the supply chain ensure the availability of motors for various applications, from single-phase power to three-phase power, and from brushless DC motors to motors with encoder feedback and tachometer feedback. Performance testing and motor testing are crucial in maintaining motor reliability and longevity.
Our researchers analyzed the data with 2023 as the base year, along with the key drivers, trends, and challenges. A holistic analysis of drivers will help companies refine their marketing strategies to gain a competitive advantage.
The inverter duty motor market forecasting report includes the adoption lifecycle of the market, covering from the innovator's stage to the laggard's stage. It focuses on adoption rates in different regions based on penetration. Furthermore, the inverter duty motor market report also includes key purchase criteria and drivers of price sensitivity to help companies evaluate and develop their market growth analysis strategies.
Customer Landscape
Companies are implementing various strategies, such as strategic alliances, inverter duty motor market forecast, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence in the industry.
ABB Ltd. - Vector duty motors, engineered for adaptable speed operation, are available in the standard NEMA Frame motor design.
The industry research and growth report includes detailed analyses of the competitive landscape of the market and information about key companies, including:
Qualitative and quantitative analysis of companies has been conducted to help clients understand the wider business environment as well as the strengths and weaknesses of key industry players. Data is qualitatively analyzed to categorize companies as pure play, category-focused, industry-focused, and diversified; it is quantitatively analyzed to categorize companies as dominant, leading, strong, tentative, and weak.
Dive into Technavio's robust research methodology, blending expert interviews, extensive data synthesis, and validated models for unparalleled Inverter Duty Motor Market insights. See full methodology.
| Market Scope | |
| Report Coverage | Details | 
| Page number | 140 | 
| Base year | 2023 | 
| Historic period | 2018-2022 | 
| Forecast period | 2024-2028 | 
| Growth momentum & CAGR | Accelerate at a CAGR of 8.5% | 
| Market growth 2024-2028 | USD 2074.9 million | 
| Market structure | Concentrated | 
| YoY growth 2023-2024(%) | 7.7 | 
| Key countries | US, China, Japan, and Germany | 
| Competitive landscape | Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks | 
We can help! Our analysts can customize this inverter duty motor market research report to meet your requirements.
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Application
7 Customer Landscape
8 Geographic Landscape
9 Drivers, Challenges, and Opportunity/Restraints
10 Competitive Landscape
11 Competitive Analysis
12 Appendix
Research Framework
Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.
INFORMATION SOURCES
Primary sources
Secondary sources
DATA ANALYSIS
Data Synthesis
Data Validation
REPORT WRITING
Qualitative
Quantitative
 Get the report (PDF) sent to your email within minutes.
  Get the report (PDF) sent to your email within minutes.
        
         Complimentary full Excel data with your report purchase. 
      
Get lifetime access to our
Technavio Insights
Quick Report Overview:
Quick Report Overview:
 
      Cookie Policy
The Site uses cookies to record users' preferences in relation to the functionality of accessibility. We, our Affiliates, and our Vendors may store and access cookies on a device, and process personal data including unique identifiers sent by a device, to personalise content, tailor, and report on advertising and to analyse our traffic. By clicking “I’m fine with this”, you are allowing the use of these cookies. Please refer to the help guide of your browser for further information on cookies, including how to disable them. Review our Privacy & Cookie Notice.