
Inverter Duty Motor in North America
Description
Inverter Duty Motor in North America
Summary
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
Summary
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 $1,065.2 million 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.
- 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
- 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
41 Pages
- 1 Executive Summary
- 1.1. Market value
- 1.2. Market value forecast
- 1.3. Category segmentation
- 1.4. Geography segmentation
- 1.5. Market rivalry
- 1.6. Competitive landscape
- 2 Market Overview
- 2.1. Market definition
- 2.2. Market analysis
- 3 Market Data
- 3.1. Market value
- 4 Market Segmentation
- 4.1. Category segmentation
- 4.2. Geography segmentation
- 5 Market Outlook
- 5.1. Market value forecast
- 6 Five Forces Analysis
- 6.1. Summary
- 6.2. Buyer power
- 6.3. Supplier power
- 6.4. New entrants
- 6.5. Threat of substitutes
- 6.6. Degree of rivalry
- 7 Competitive Landscape
- 7.1. Who are the leading players?
- 7.2. What strategies do the leading players follow?
- 7.3. What is the strength of the leading players?
- 7.4. What have been the most recent market developments?
- 8 Company Profiles
- 8.1. ABB Ltd
- 8.2. Rockwell Automation Inc
- 8.3. Regal Rexnord Corp
- 9 Macroeconomic Indicators
- 9.1. Country data
- 10 Appendix
- 10.1. Methodology
- 10.2. Industry associations
- 10.3. Related GlobalData research
- 10.4. About GlobalData
- List of Tables
- Table 1: North America inverter duty motor market value: $ million, 2019-24
- Table 2: North America inverter duty motor market category segmentation: % share, by value, 2019-24
- Table 3: North America inverter duty motor market category segmentation: $ million, 2019-24
- Table 4: North America inverter duty motor market geography segmentation: $ million, 2024
- Table 5: North America inverter duty motor market value forecast: $ million, 2024-29
- Table 6: ABB Ltd: Key Facts
- Table 7: ABB Ltd: annual financial ratios
- Table 8: ABB Ltd: key employees
- Table 9: Rockwell Automation Inc: Key Facts
- Table 10: Rockwell Automation Inc: annual financial ratios
- Table 11: Rockwell Automation Inc: key employees
- Table 12: Regal Rexnord Corp: Key Facts
- Table 13: Regal Rexnord Corp: annual financial ratios
- Table 14: Regal Rexnord Corp: key employees
- Table 15: North America Exchange Rate, 2019-24
- List of Figures
- Figure 1: North America inverter duty motor market value: $ million, 2019-24
- Figure 2: North America inverter duty motor market category segmentation: $ million, 2019-24
- Figure 3: North America inverter duty motor market geography segmentation: % share, by value, 2024
- Figure 4: North America inverter duty motor market value forecast: $ million, 2024-29
- Figure 5: Forces driving competition in the inverter duty motor market in North America, 2024
- Figure 6: Drivers of buyer power in the inverter duty motor market in North America, 2024
- Figure 7: Drivers of supplier power in the inverter duty motor market in North America, 2024
- Figure 8: Factors influencing the likelihood of new entrants in the inverter duty motor market in North America, 2024
- Figure 9: Factors influencing the threat of substitutes in the inverter duty motor market in North America, 2024
- Figure 10: Drivers of degree of rivalry in the inverter duty motor market in North America, 2024
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