Inverter Duty Motors Market

Inverter Duty Motors Market by Application, by End-User, by Standards, by Construction Material, and by Region (North America, Europe, Asia-Pacific, and Rest of the World) - Global forecasts to 2021

Report Code: EP 4339 May, 2016, by marketsandmarkets.com

[156 Pages Report] The global inverter duty motors market stands at USD 2.38 Billion in 2015, and is expected to grow at a CAGR of 9.6% during 2016–2021.

The inverter duty motors market is segmented on the basis of its application, end-user, construction material, standards, enclosure type, and region. Objectives of the study are:

  • To define and segment the global inverter duty motors market
  • To estimate the global inverter duty motors market size, in terms of value
  • To analyze the market with respect to standards, end-user, construction material, application, and region
  • To provide a detailed information on major factors influencing the growth of the market (drivers, restraints, opportunities, and industry-specific challenges)
  • To analyze the major stakeholders of the global inverter duty motors market and provide details of the competitive landscape for key market leaders
  • To study industrial trends and forecast the market in North America, Europe, Asia-Pacific, Rest of the World
  • To track and analyze competitive developments such as contract agreements, mergers & acquisitions, new product developments, and Research & Development (R&D) in the inverter duty motors market

Research Methodology

This research study involved the use of extensive secondary sources, directories, and databases such as Hoovers, Bloomberg, Businessweek, Factiva, and OneSource to identify and collect information useful for a technical, market-oriented, and commercial study of the global inverter duty motors market. Primary sources are mainly several industry experts from core and related industries, preferred suppliers, manufacturers, distributors, service providers, technology developers, standards and certification organizations from companies, and organizations related to all the segments of this industry’s value chain. The research methodology is explained below:

  • Analysis of top company’s inverter duty motors-related revenues
  • Analysis of major application’s, end-user industry’s demand for inverter duty motors
  • Assessment of future trends & industrial growth of end-user industries
  • Analysis of major international standards for inverter duty motors
  • Analysis of market trends in various regions/and countries
  • Finalization of the overall market size values by triangulation with the supply-side data which include the product developments, supply chain and annual revenues of inverter duty motors across the globe

After arriving at the overall market size, the total market has been split into several segments and subsegments. The figures given below shows the break-down of the primaries on the basis of company, designation, and region, conducted during the research study.

The figure given below shows the breakdown of the primaries on the basis of company, designation, and region, conducted during the research study.

Inverter Duty Motors Market

To know about the assumptions considered for the study, download the pdf brochure

Market Ecosystem:

The ecosystem of the global inverter duty motors market starts with suppliers of basic components such as construction material, winding wires, frames, and electric connections, among others. The manufactured parts are then assembled by the OEMs to form an inverter duty motor, which is then tested. After this stage, distribution comes next in which majority of the production is directed toward end-users.

Inverter Duty Motors Market

Target Audience:

The target audience for the report includes:

  • Inverter duty motors manufacturers, dealers, and suppliers
  • Consulting companies in the energy and power sector
  • Government and research organizations
  • Investors/shareholders
  • Environmental research institutes
  • Process industries and power industry associations
  • Petroleum companies (diesel and natural gas suppliers)
  • Manufacturing industry
  • Energy efficiency consultancies

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Scope of the Report

:

  • By Application
    • Pumps
    • Fans
    • Extruders
    • Conveyors
    • Others
  • By End-User
    • Chemicals and Oil & Gas
    • Metal & Mining
    • Paper & Pulp
    • Food & Beverage
    • Others
  • By Standards
    • IEEE
    • NEMA
    • Others
  • By Construction Material
    • Laminated Steel
    • Cast Iron
    • Aluminum
  • By Region
    • North America
    • Europe
    • Asia-Pacific
    • Rest of the World

Available Customizations:

With the given market data, MarketsandMarkets offers customizations as per the client’s specific needs. The following customization options are available for the report:

  • Regional Analysis

Further breakdown of region/country-specific analysis

  • Company Information

Detailed analysis and profiling of additional market players (Up to 5)

The global inverter duty motors market is projected to grow at a CAGR of 9.6% during 2016–2021, to reach a value of USD 4.08 Billion by 2021. This growth is attributed to increasing demand for energy efficiency, energy density of motors, and growing urbanization leading to infrastructural growth across the globe.

The inverter duty motors market, by application, in this report, has been divided into pumps, fans, extruders, conveyers, and others. Others include cranes & hoists, winders, and mixers. The pumps segment is estimated to dominate the inverter duty motors market during the forecast period. The major factors driving the growth of this market include higher energy efficiency and superior energy density offered by inverter duty motors. This comparison is in regard to general purpose motors with inverter duty motors.

On the basis of end-user industry, the report segments the inverter duty motors market into chemicals and oil & gas, metals & mining, pulp & paper, food & beverage, and others. Others include pharma, textile processing, and cement industries. Meanwhile, the global inverter duty motors market is expected to register a substantial growth rate during the forecast period. The European market is forecast to lead in terms of growth rate during the forecast period. This growth can be attributed to government initiatives to achieve higher energy-efficiency targets and regulation of industrial motors applications, which oblige to use standard-specific inverter duty motors in variable speed applications.

In this report, the inverter duty motors market has been analyzed with respect to four regions, namely, North America, Europe, Asia-Pacific, and Rest of the World. Rest of the World includes South America, the Middle East, and Africa regions. North America is expected to dominate the global inverter duty motors market owing to its large unconventional oil & gas industry base, and stringent motor efficiency regulations in the region.

Inverter Duty Motors Market

Decrease in Greenfield investments by oil & gas industry is one of the restraining factors for the inverter duty motors market, globally. The recent oil price slump has resulted in contraction of exploration & production company budgets, which led to the decrease in revenues for inverter duty motors market as well. Another factor restraining the growth of inverter duty motors is lack of information among end-users of these kinds of motors. It has been observed that the information related to benefits associated with inverter duty motors lacks between end-users. This restrains them from adopting inverter duty motors over comparatively cheaper general purpose motors. These are some of the factors which have proved to be a restraining factor in the inverter duty motors market.

The report includes profile of some of the leading players in the inverter duty motors market, namely, ABB Ltd. (Switzerland), Nidec Corporation (Japan), Regal Beloit Corporation (U.S.), Rockwell Corporation (U.S.), Siemens AG (Germany), General Electric (U.S.), WEG SA (Brazil), Crompton Greaves (India), and Havells India Ltd. (India), among others. Dominant players are trying to penetrate developing economies and adopting various methods to grab the market share.

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Table of Contents

1 Introduction (Page No. - 13)
    1.1 Objectives of the Study
    1.2 Market Definition
    1.3 Market Scope
           1.3.1 Markets Covered
           1.3.2 Years Considered for the Study
    1.4 Currency & Pricing
    1.5 Limitation
    1.6 Stakeholders

2 Research Methodology (Page No. - 16)
    2.1 Research Data
           2.1.1 Secondary Data
                    2.1.1.1 Key Data From Secondary Sources
           2.1.2 Primary Data
                    2.1.2.1 Key Data From Primary Sources
                    2.1.2.2 Key Industry Insights
                    2.1.2.3 Breakdown of Primaries
    2.2 Market Size Estimation
           2.2.1 Bottom-Up Approach
           2.2.2 Top-Down Approach
    2.3 Market Breakdown & Data Triangulation
    2.4 Research Assumptions & Limitations
           2.4.1 Assumptions
           2.4.2 Limitations

3 Executive Summary (Page No. - 24)
    3.1 Introduction
    3.2 Historical Backdrop
    3.3 Current Scenario
    3.4 Future Outlook
    3.5 Conclusion

4 Premium Insights (Page No. - 30)
    4.1 Attractive Opportunities in the Inverter Duty Motors Market, 2016–2021
    4.2 North America Accounted for the Largest Market Share (By Value) in 2015
    4.3 Inverter Duty Motors Market, By Application, 2016–2021
    4.4 The U.S. & Canada are Expected to Drive the Inverter Duty Motors Market in North America During the Forecast Period
    4.5 IEEE Standards Segment is Expected to Dominate the Inverter Duty Motors Market During the Forecast Period
    4.6 Inverter Duty Motors Market, By End-User
    4.7 Inverter Duty Motors Market Size, By Frame Type
    4.8 Life Cycle Analysis, By Region

5 Market Overview (Page No. - 37)
    5.1 Introduction
    5.2 Inverter Duty Motor: Market Segmentation
           5.2.1 By End-User
           5.2.2 By Application
           5.2.3 By Construction Material
           5.2.4 By Standards
           5.2.5 By Region
    5.3 Market Dynamics
           5.3.1 Drivers
                    5.3.1.1 Increasing Urbanization & Industrialization
                    5.3.1.2 Rising Need for Energy Efficiency
                    5.3.1.3 Stringent Regulations
           5.3.2 Restraints
                    5.3.2.1 Decrease in Greenfield Investment
                    5.3.2.2 Lack of Information
           5.3.3 Opportunities
                    5.3.3.1 Huge Opportunity in the Replacement Sector
                    5.3.3.2 Growth in Fixed Speed Applications
           5.3.4 Challenges
                    5.3.4.1 High Installation Costs
    5.4 Supply Chain Analysis
    5.5 Porter’s Five Forces Analysis
           5.5.1 Threat of New Entrants
           5.5.2 Threat of Substitutes
           5.5.3 Bargaining Power of Suppliers
           5.5.4 Bargaining Power of Buyers
           5.5.5 Intensity of Competitive Rivalry
    5.6 Standards
           5.6.1 Nema Definite Purpose Inverter Fed Motors Polyphase Motors Standard
           5.6.2 IEEE 841™-2009 Standard for Inverter Duty Motors

6 Inverter Duty Motors Market, By Application (Page No. - 47)
    6.1 Introduction
    6.2 Pumps
    6.3 Fans
    6.4 Extruders
    6.5 Conveyors
    6.6 Others

7 Inverter Duty Motors Market, By End-User (Page No. - 53)
    7.1 Introduction
    7.2 Chemicals and Oil & Gas
    7.3 Metals & Mining
    7.4 Pulp & Paper
    7.5 Food & Beverage
    7.6 Others

8 Inverter Duty Motors Market, By Standard (Page No. - 59)
    8.1 Introduction
    8.2 IEEE Standards
    8.3 Nema Standards
    8.4 Others

9 Inverter Duty Motors Market, By Construction Material (Page No. - 63)
    9.1 Introduction
    9.2 Laminated Steel
    9.3 Cast Iron
    9.4 Aluminum

10 Inverter Duty Motors Market, By Region (Page No. - 67)
     10.1 Introduction
     10.2 North America
             10.2.1 The U.S.
             10.2.2 Canada
             10.2.3 Mexico
     10.3 Europe
             10.3.1 Germany
             10.3.2 France
             10.3.3 Russia
             10.3.4 The U.K.
             10.3.5 Italy
             10.3.6 Rest of Europe
     10.4 Asia-Pacific
             10.4.1 China
             10.4.2 Japan
             10.4.3 India
             10.4.4 Australia
             10.4.5 Rest of Asia-Pacific
     10.5 Rest of the World
             10.5.1 Egypt
             10.5.2 Saudi Arabia
             10.5.3 Brazil

11 Competitive Landscape (Page No. - 98)
     11.1 Overview
     11.2 Market Share Analysis, By Key Players
     11.3 Competitive Situations & Trends
             11.3.1 Investments & Expansions
             11.3.2 Mergers & Acquisitions
             11.3.3 New Product Developments
             11.3.4 Contracts & Agreements
             11.3.5 Divesture & Other Developments

12 Company Profiles (Page No. - 105)
     12.1 Introduction
(Business Overview, Products & Services, Key Insights, Recent Developments, SWOT Analysis, Ratio Analysis, MnM View)*
     12.2 Regal Beloit Corporation
     12.3 Rockwell Automation Inc.
     12.4 ABB Ltd.
     12.5 Siemens AG
     12.6 General Electric Company (GE)
     12.7 Bison Gear and Engineering Corporation
     12.8 Havells India Ltd.
     12.9 Nidec Corporation
     12.10 Crompton Greaves Limited
     12.11 Adlee Powertronic Co. Ltd.
     12.12 Nord Drivesystems
     12.13 WEG SA

*Details on Business Overview, Products & Services, Key Insights, Recent Developments, SWOT Analysis, MnM View Might Not Be Captured in Case of Unlisted Companies.

13 Appendix (Page No. - 134)
     13.1 Insights From Industry Experts
     13.2 Discussion Guide
     13.3 Knowledge Store: Marketsandmarkets’ Subscription Portal
     13.5 Available Customizations
     13.6 Related Reports


List of Tables (73 Tables)

Table 1 Inverter Duty Motors Market Size, By Frame Type, 2014–2021 (USD Million)
Table 2 Inverter Duty Motors Market Size, By Application, 2014–2021 (USD Million)
Table 3 Pumps: Inverter Duty Motors Market Size, By Region, 2014–2021 (USD Million)
Table 4 Fans: Inverter Duty Motor Market Size, By Region, 2014–2021 (USD Million)
Table 5 Extruders: Inverter Duty Motor Market Size, By Region, 2014–2021 (USD Million)
Table 6 Conveyors: Inverter Duty Motor Market Size, By Region, 2014–2021 (USD Million)
Table 7 Others: Inverter Duty Motor Market Size, By Region, 2014–2020 (USD Million)
Table 8 Inverter Duty Motor Market Size, By End-User, 2014–2021 (USD Million)
Table 9 Chemicals and Oil & Gas: Inverter Duty Motor Market Size, By Region, 2014–2021 (USD Million)
Table 10 Metals & Mining: Inverter Duty Motor Market Size, By Region, 2014–2021 (USD Million)
Table 11 Pulp & Paper: Inverter Duty Motor Market Size, By Region, 2014–2021 (USD Million)
Table 12 Food & Beverage: Inverter Duty Motor Market Size, By Region, 2014–2021 (USD Million)
Table 13 Others: Inverter Duty Motor Market Size, By Region, 2014–2020 (USD Million)
Table 14 Inverter Duty Motor Market Size, By Standard, 2014–2021 (USD Million)
Table 15 IEEE Standards: Inverter Duty Motor Market Size, By Region, 2014–2021 (USD Million)
Table 16 Nema Standards: Inverter Duty Motor Market Size, By Region, 2014–2021 (USD Million)
Table 17 Others: Inverter Duty Motor Market Size, By Region, 2014–2021 (USD Million)
Table 18 Inverter Duty Motor Market Size, By Construction Material, 2014–2021 (USD Million)
Table 19 Laminated Steel: Inverter Duty Motor Market Size, By Region, 2014–2021 (USD Million)
Table 20 Cast Iron: Inverter Duty Motor Market Size, By Region, 2014–2021 (USD Million)
Table 21 Aluminum: Inverter Duty Motor Market Size, By Region, 2014–2021 (USD Million)
Table 22 Inverter Duty Motor Market Size, By Region, 2014–2021 (USD Million)
Table 23 North America: Inverter Duty Motor Market Size, By Country, 2014–2021 (USD Million)
Table 24 North America: Inverter Duty Motor Market Size, By End-User, 2014–2021 (USD Million)
Table 25 North America: Inverter Duty Motor Market Size, By Application, 2014–2021 (USD Million)
Table 26 U.S.: Inverter Duty Motor Market Size, By End-User, 2014–2021 (USD Million)
Table 27 U.S.: Inverter Duty Motor Market Size, By Application, 2014–2021 (USD Million)
Table 28 Canada: Inverter Duty Motor Market Size, By End-User, 2014–2021 (USD Million)
Table 29 Canada: Inverter Duty Motor Market Size, By Application, 2014–2021 (USD Million)
Table 30 Mexico: Inverter Duty Motor Market Size, By End-User, 2014–2021 (USD Million)
Table 31 Mexico: Inverter Duty Motor Market Size, By Application, 2014–2021 (USD Million)
Table 32 Europe: Inverter Duty Motor Market Size, By Country, 2014–2021 (USD Million)
Table 33 Europe: Inverter Duty Motor Market Size, By End-User, 2014–2021 (USD Million)
Table 34 Europe: Inverter Duty Motor Market Size, By Application, 2014–2021 (USD Million)
Table 35 Germany: Inverter Duty Motor Market Size, By End-User, 2014–2021 (USD Million)
Table 36 Germany: Inverter Duty Motor Market Size, By Application, 2014–2021 (USD Million)
Table 37 France: Inverter Duty Motor Market Size, By End-User, 2014–2021 (USD Million)
Table 38 France: Inverter Duty Motor Market Size, By Application, 2014–2021 (USD Million)
Table 39 Russia: Inverter Duty Motor Market Size, By End-User, 2014–2021 (USD Million)
Table 40 Russia: Inverter Duty Motor Market Size, By Application, 2014–2021 (USD Million)
Table 41 U.K.: Inverter Duty Motor Market Size, By End-User, 2014–2021 (USD Million)
Table 42 U.K.: Inverter Duty Motor Market Size, By Application, 2014–2021 (USD Million)
Table 43 Italy: Inverter Duty Motor Market Size, By End-User, 2014–2021 (USD Million)
Table 44 Italy: Inverter Duty Motor Market Size, By Application, 2014–2021 (USD Million)
Table 45 Rest of Europe: Inverter Duty Motor Market Size, By End-User, 2014–2021 (USD Million)
Table 46 Rest of Europe: Inverter Duty Motor Market Size, By Application, 2014–2021 (USD Million)
Table 47 Asia-Pacific: Inverter Duty Motor Market Size, By Country, 2014–2021 (USD Million)
Table 48 Asia-Pacific: Inverter Duty Motor Market Size, By End-User, 2014–2021 (USD Million)
Table 49 Asia-Pacific: Inverter Duty Motor Market Size, By Application, 2014–2021 (USD Million)
Table 50 China: Inverter Duty Motor Market Size, By End-User, 2014–2021 (USD Million)
Table 51 China: Inverter Duty Motor Market Size, By Application, 2014–2021 (USD Million)
Table 52 Japan: Inverter Duty Motor Market Size, By End-User, 2014–2021 (USD Million)
Table 53 Japan: Inverter Duty Motor Market Size, By Application, 2014–2021 (USD Million)
Table 54 India: Inverter Duty Motor Market Size, By End-User, 2014–2021 (USD Million)
Table 55 India: Inverter Duty Motor Market Size, By Application, 2014–2021 (USD Million)
Table 56 Australia: Inverter Duty Motor Market Size, By End-User, 2014–2021 (USD Million)
Table 57 Australia: Inverter Duty Motor Market Size, By Application, 2014–2021 (USD Million)
Table 58 Rest of Asia-Pacific: Inverter Duty Motor Market Size, By End-User, 2014–2021 (USD Million)
Table 59 Rest of Asia-Pacific: Inverter Duty Motor Market Size, By Application, 2014–2021 (USD Million)
Table 60 Rest of the World: Inverter Duty Motor Market Size, By Country, 2014–2021 (USD Million)
Table 61 Rest of the World: Inverter Duty Motor Market Size, By End-User, 2014–2021 (USD Million)
Table 62 Rest of the World: Inverter Duty Motor Market Size, By Application, 2014–2021 (USD Million)
Table 63 Egypt: Inverter Duty Motor Market Size, By End-User, 2014–2021 (USD Million)
Table 64 Egypt: Inverter Duty Motor Market Size, By Application, 2014–2021 (USD Million)
Table 65 Saudi Arabia: Inverter Duty Motor Market Size, By End-User, 2014–2021 (USD Million)
Table 66 Saudi Arabia: Inverter Duty Motor Market Size, By Application, 2014–2021 (USD Million)
Table 67 Brazil: Inverter Duty Motor Market Size, By End-User, 2014–2021 (USD Million)
Table 68 Brazil: Inverter Duty Motor Market Size, By Application, 2014–2021 (USD Million)
Table 69 Investments & Expansions, 2014–2015
Table 70 Mergers & Acquisitions, 2014–2016
Table 71 New Product Developments, 2015–2016
Table 72 Contracts & Agreements, 2014–2016
Table 73 Divesture & Other Developments, 2015–2016


List of Figures (49 Figures)

Figure 1 Markets Covered: Inverter Duty Motors Market
Figure 2 Inverter Duty Motors Market: Research Design
Figure 3 Breakdown of Primary Interviews: By Company Type, Designation, & Region
Figure 4 Market Size Estimation Methodology: Bottom-Up Approach
Figure 5 Market Size Estimation Methodology: Top-Down Approach
Figure 6 Market Estimation Approach & Data Triangulation Methodology
Figure 7 North America Occupied the Largest Market Share (Value) in 2015
Figure 8 Inverter Duty Motors Market Share (Value), By Standard, 2015
Figure 9 Chemicals and Oil & Gas End-User Segment is Expected to Account for the Maximum Share During the Forecast Period
Figure 10 Pumps Segment is Estimated to Be the Largest Application in 2016 & is Projected to Remain So Till 2020
Figure 11 Inverter Duty Motors Market Share (Value), By Construction Material, 2016 & 2021
Figure 12 Europe is Expected to Exhibit the Highest Growth Rate During the Forecast Period
Figure 13 Increasing Urbanization, Rising Demand for High Energy Density, & Need for Energy Saving are Expected to Drive the Inverter Duty Motors Market During the Forecast Period
Figure 14 Europe & Asia-Pacific are Expected to Grow at A Fast Pace During the Forecast Period
Figure 15 Pumps Segment is Expected to Hold the Largest Market Share During the Forecast Period
Figure 16 The U.S. Inverter Duty Motors Market is Projected to Hold the Largest Share in North America During the Forecast Period
Figure 17 IEEE Standards Segment Accounted for the Largest Market Share in 2015
Figure 18 Chemical and Oil & Gas Segment is Expected to Hold the Largest Market Share in the Inverter Duty Motors Market During the Forecast Period
Figure 19 The European Market is Expected to Grow at the Highest Rate During the Forecast Period
Figure 20 Inverter Duty Motors Market Segmentation: By Voltage, Application, Construction Material, End-User, Standard, & Region
Figure 21 Market Dynamics: Inverter Duty Motors Market
Figure 22 Urbanization Trend: 2014 vs 2015
Figure 23 Crude Oil Price Trend (June 2014–March 2016)
Figure 24 Supply Chain Analysis: Major Value is Added During the Manufacturing & Assembly Phase
Figure 25 Porter’s Five Forces Analysis: Inverter Duty Motors Market
Figure 26 Global Snapshot: Pumps Segment is Expected to Dominate the Inverter Duty Motors Market During the Forecast Period
Figure 27 Chemicals and Oil & Gas Segment Held the Largest Market Share (By Value) in 2015
Figure 28 Inverter Duty Motors Market Share (Value), By Region, 2015
Figure 29 Regional Snapshot – Growth Rate of Inverter Duty Motors Market in Major Countries, 2016–2021
Figure 30 Europe Inverter Duty Motors Market: an Overview
Figure 31 Asia-Pacific Inverter Duty Motors Market: an Overview
Figure 32 Companies Adopted Investments& Expansions as the Key Growth Strategy During 2012 to April 2016
Figure 33 Siemens Held the Largest Share in the Inverter Duty Motors Market, 2015
Figure 34 Market Evaluation Framework: Investments & Expansions, Mergers & Acquisitions, & New Product Developments Fueled the Growth of Companies From 2013 to April 2016
Figure 35 Regional Revenue Mix of the Top 5 Market Players
Figure 36 Regal Beloit Corporation: Company Snapshot
Figure 37 Regal Beloit Corporation: SWOT Analysis
Figure 38 Rockwell Automation Inc.: Company Snapshot
Figure 39 Rockwell Automation Inc.: SWOT Analysis
Figure 40 ABB Ltd.: Company Snapshot
Figure 41 ABB Ltd.: SWOT Analysis
Figure 42 Siemens AG: Company Snapshot
Figure 43 SWOT Analysis: Siemens AG
Figure 44 General Electric Company: Company Snapshot
Figure 45 General Electric Company: SWOT Analysis
Figure 46 Havells India Ltd.: Company Snapshot
Figure 47 Nidec Corporation: Company Snapshot
Figure 48 Crompton Greaves: Company Snapshot
Figure 49 WEG SA: Company Snapshot


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