The Asia Pacific Inverter Duty Motor Market would witness market growth of 9.9% CAGR during the forecast period (2024-2031).
The China market dominated the Asia Pacific Inverter Duty Motor Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $772 million by 2031. The Japan market is registering a CAGR of 9.2% during (2024 - 2031). Additionally, The India market would showcase a CAGR of 10.8% during (2024 - 2031).
The adoption of these duty motors has increased across various industries due to their unique advantages and the growing need for efficient and flexible motor solutions. Stringent energy efficiency regulations and standards drive the adoption of these duty motors. These motors help industries comply with energy efficiency mandates by optimizing motor operation and reducing overall energy consumption. Many regions offer financial incentives and rebates for implementing energy-efficient technologies, including these duty motors. This economic benefit encourages companies to adopt these motors to capitalize on available savings.
Furthermore, the growing emphasis on sustainability and reducing environmental impact has driven the adoption of these duty motors. These motors contribute to greener operations by lowering energy consumption and supporting eco-friendly practices. Companies are adopting inverter duty motors as part of their corporate responsibility initiatives to improve their environmental footprint and align with sustainability goals.
China is one of the world’s largest producers of chemicals, with a vast network of manufacturing plants that require reliable and efficient motor solutions. The expansion of these facilities is driving a substantial increase in demand for inverter-duty motors, which are essential for powering pumps, compressors, and mixers in high-volume chemical production. In 2022, investment in the chemical raw materials manufacturing sector grew by 19% annually, surpassing the average growth rate across all industries by 7.4 percentage points, as China’s State Council reported. The uninterrupted, 24/7 operations of chemical plants in China demand motor systems that are both durable and reliable. The paper industry in India expands, there’s a rising demand for energy-efficient motors to reduce operational costs. Inverter-duty motors, known for their efficiency and reliability, are increasingly sought after to power paper manufacturing equipment, thereby boosting the inverter-duty motor market. According to the Investment Promotion and Facilitation Agency, in terms of value, $3179.24 Mn of paper, paperboard, and newsprint were exported in 2021-22, as against $1940.94 Mn in the previous year. In conclusion, the increasing chemical industry and rising paper sector in the region drive the market’s growth.
Free Valuable Insights: The Global Inverter Duty Motor Market is Predict to reach USD 9.7 Billion by 2031, at a CAGR of 9.4%
Based on Material, the market is segmented into Laminated steel, Cast iron, and Aluminum. Based on Industry Vertical, the market is segmented into Chemicals, Oil & gas, Metal & mining, Paper & pulp, Food & Beverage, and Others. Based on Application, the market is segmented into Pumps, Fans, Conveyors, Extruders, and Others. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
List of Key Companies Profiled
- ABB Group
- Siemens AG
- Rockwell Automation, Inc.
- General Electric Company
- Havells India Ltd.
- Toshiba International Corporation
- Mitsubishi Electric Corporation
- Nidec Motor Corporation
- Regal Rexnord Corporation
- Watertronics
Asia Pacific Inverter Duty Motor Market Report Segmentation
By Material
- Laminated steel
- Cast iron
- Aluminum
By Industry Vertical
- Chemicals
- Oil & gas
- Metal & mining
- Paper & pulp
- Food & Beverage
- Others
By Application
- Pumps
- Fans
- Conveyors
- Extruders
- Others
By Country
- China
- Japan
- India
- South Korea
- Singapore
- Malaysia
- Rest of Asia Pacific
TABLE 1 Asia Pacific Inverter Duty Motor Market, 2020 - 2023, USD Million
TABLE 2 Asia Pacific Inverter Duty Motor Market, 2024 - 2031, USD Million
TABLE 3 Product Launches And Product Expansions– Inverter Duty Motor Market
TABLE 4 Acquisition and Mergers– Inverter Duty Motor Market
TABLE 5 Asia Pacific Inverter Duty Motor Market by Material, 2020 - 2023, USD Million
TABLE 6 Asia Pacific Inverter Duty Motor Market by Material, 2024 - 2031, USD Million
TABLE 7 Asia Pacific Laminated steel Market by Country, 2020 - 2023, USD Million
TABLE 8 Asia Pacific Laminated steel Market by Country, 2024 - 2031, USD Million
TABLE 9 Asia Pacific Cast iron Market by Country, 2020 - 2023, USD Million
TABLE 10 Asia Pacific Cast iron Market by Country, 2024 - 2031, USD Million
TABLE 11 Asia Pacific Aluminum Market by Country, 2020 - 2023, USD Million
TABLE 12 Asia Pacific Aluminum Market by Country, 2024 - 2031, USD Million
TABLE 13 Asia Pacific Inverter Duty Motor Market by Industry Vertical, 2020 - 2023, USD Million
TABLE 14 Asia Pacific Inverter Duty Motor Market by Industry Vertical, 2024 - 2031, USD Million
TABLE 15 Asia Pacific Chemicals Market by Country, 2020 - 2023, USD Million
TABLE 16 Asia Pacific Chemicals Market by Country, 2024 - 2031, USD Million
TABLE 17 Asia Pacific Oil & gas Market by Country, 2020 - 2023, USD Million
TABLE 18 Asia Pacific Oil & gas Market by Country, 2024 - 2031, USD Million
TABLE 19 Asia Pacific Metal & mining Market by Country, 2020 - 2023, USD Million
TABLE 20 Asia Pacific Metal & mining Market by Country, 2024 - 2031, USD Million
TABLE 21 Asia Pacific Paper & pulp Market by Country, 2020 - 2023, USD Million
TABLE 22 Asia Pacific Paper & pulp Market by Country, 2024 - 2031, USD Million
TABLE 23 Asia Pacific Food & Beverage Market by Country, 2020 - 2023, USD Million
TABLE 24 Asia Pacific Food & Beverage Market by Country, 2024 - 2031, USD Million
TABLE 25 Asia Pacific Others Market by Country, 2020 - 2023, USD Million
TABLE 26 Asia Pacific Others Market by Country, 2024 - 2031, USD Million
TABLE 27 Asia Pacific Inverter Duty Motor Market by Application, 2020 - 2023, USD Million
TABLE 28 Asia Pacific Inverter Duty Motor Market by Application, 2024 - 2031, USD Million
TABLE 29 Asia Pacific Pumps Market by Country, 2020 - 2023, USD Million
TABLE 30 Asia Pacific Pumps Market by Country, 2024 - 2031, USD Million
TABLE 31 Asia Pacific Fans Market by Country, 2020 - 2023, USD Million
TABLE 32 Asia Pacific Fans Market by Country, 2024 - 2031, USD Million
TABLE 33 Asia Pacific Conveyors Market by Country, 2020 - 2023, USD Million
TABLE 34 Asia Pacific Conveyors Market by Country, 2024 - 2031, USD Million
TABLE 35 Asia Pacific Extruders Market by Country, 2020 - 2023, USD Million
TABLE 36 Asia Pacific Extruders Market by Country, 2024 - 2031, USD Million
TABLE 37 Asia Pacific Others Market by Country, 2020 - 2023, USD Million
TABLE 38 Asia Pacific Others Market by Country, 2024 - 2031, USD Million
TABLE 39 Asia Pacific Inverter Duty Motor Market by Country, 2020 - 2023, USD Million
TABLE 40 Asia Pacific Inverter Duty Motor Market by Country, 2024 - 2031, USD Million
TABLE 41 China Inverter Duty Motor Market, 2020 - 2023, USD Million
TABLE 42 China Inverter Duty Motor Market, 2024 - 2031, USD Million
TABLE 43 China Inverter Duty Motor Market by Material, 2020 - 2023, USD Million
TABLE 44 China Inverter Duty Motor Market by Material, 2024 - 2031, USD Million
TABLE 45 China Inverter Duty Motor Market by Industry Vertical, 2020 - 2023, USD Million
TABLE 46 China Inverter Duty Motor Market by Industry Vertical, 2024 - 2031, USD Million
TABLE 47 China Inverter Duty Motor Market by Application, 2020 - 2023, USD Million
TABLE 48 China Inverter Duty Motor Market by Application, 2024 - 2031, USD Million
TABLE 49 Japan Inverter Duty Motor Market, 2020 - 2023, USD Million
TABLE 50 Japan Inverter Duty Motor Market, 2024 - 2031, USD Million
TABLE 51 Japan Inverter Duty Motor Market by Material, 2020 - 2023, USD Million
TABLE 52 Japan Inverter Duty Motor Market by Material, 2024 - 2031, USD Million
TABLE 53 Japan Inverter Duty Motor Market by Industry Vertical, 2020 - 2023, USD Million
TABLE 54 Japan Inverter Duty Motor Market by Industry Vertical, 2024 - 2031, USD Million
TABLE 55 Japan Inverter Duty Motor Market by Application, 2020 - 2023, USD Million
TABLE 56 Japan Inverter Duty Motor Market by Application, 2024 - 2031, USD Million
TABLE 57 India Inverter Duty Motor Market, 2020 - 2023, USD Million
TABLE 58 India Inverter Duty Motor Market, 2024 - 2031, USD Million
TABLE 59 India Inverter Duty Motor Market by Material, 2020 - 2023, USD Million
TABLE 60 India Inverter Duty Motor Market by Material, 2024 - 2031, USD Million
TABLE 61 India Inverter Duty Motor Market by Industry Vertical, 2020 - 2023, USD Million
TABLE 62 India Inverter Duty Motor Market by Industry Vertical, 2024 - 2031, USD Million
TABLE 63 India Inverter Duty Motor Market by Application, 2020 - 2023, USD Million
TABLE 64 India Inverter Duty Motor Market by Application, 2024 - 2031, USD Million
TABLE 65 South Korea Inverter Duty Motor Market, 2020 - 2023, USD Million
TABLE 66 South Korea Inverter Duty Motor Market, 2024 - 2031, USD Million
TABLE 67 South Korea Inverter Duty Motor Market by Material, 2020 - 2023, USD Million
TABLE 68 South Korea Inverter Duty Motor Market by Material, 2024 - 2031, USD Million
TABLE 69 South Korea Inverter Duty Motor Market by Industry Vertical, 2020 - 2023, USD Million
TABLE 70 South Korea Inverter Duty Motor Market by Industry Vertical, 2024 - 2031, USD Million
TABLE 71 South Korea Inverter Duty Motor Market by Application, 2020 - 2023, USD Million
TABLE 72 South Korea Inverter Duty Motor Market by Application, 2024 - 2031, USD Million
TABLE 73 Singapore Inverter Duty Motor Market, 2020 - 2023, USD Million
TABLE 74 Singapore Inverter Duty Motor Market, 2024 - 2031, USD Million
TABLE 75 Singapore Inverter Duty Motor Market by Material, 2020 - 2023, USD Million
TABLE 76 Singapore Inverter Duty Motor Market by Material, 2024 - 2031, USD Million
TABLE 77 Singapore Inverter Duty Motor Market by Industry Vertical, 2020 - 2023, USD Million
TABLE 78 Singapore Inverter Duty Motor Market by Industry Vertical, 2024 - 2031, USD Million
TABLE 79 Singapore Inverter Duty Motor Market by Application, 2020 - 2023, USD Million
TABLE 80 Singapore Inverter Duty Motor Market by Application, 2024 - 2031, USD Million
TABLE 81 Malaysia Inverter Duty Motor Market, 2020 - 2023, USD Million
TABLE 82 Malaysia Inverter Duty Motor Market, 2024 - 2031, USD Million
TABLE 83 Malaysia Inverter Duty Motor Market by Material, 2020 - 2023, USD Million
TABLE 84 Malaysia Inverter Duty Motor Market by Material, 2024 - 2031, USD Million
TABLE 85 Malaysia Inverter Duty Motor Market by Industry Vertical, 2020 - 2023, USD Million
TABLE 86 Malaysia Inverter Duty Motor Market by Industry Vertical, 2024 - 2031, USD Million
TABLE 87 Malaysia Inverter Duty Motor Market by Application, 2020 - 2023, USD Million
TABLE 88 Malaysia Inverter Duty Motor Market by Application, 2024 - 2031, USD Million
TABLE 89 Rest of Asia Pacific Inverter Duty Motor Market, 2020 - 2023, USD Million
TABLE 90 Rest of Asia Pacific Inverter Duty Motor Market, 2024 - 2031, USD Million
TABLE 91 Rest of Asia Pacific Inverter Duty Motor Market by Material, 2020 - 2023, USD Million
TABLE 92 Rest of Asia Pacific Inverter Duty Motor Market by Material, 2024 - 2031, USD Million
TABLE 93 Rest of Asia Pacific Inverter Duty Motor Market by Industry Vertical, 2020 - 2023, USD Million
TABLE 94 Rest of Asia Pacific Inverter Duty Motor Market by Industry Vertical, 2024 - 2031, USD Million
TABLE 95 Rest of Asia Pacific Inverter Duty Motor Market by Application, 2020 - 2023, USD Million
TABLE 96 Rest of Asia Pacific Inverter Duty Motor Market by Application, 2024 - 2031, USD Million
TABLE 97 Key Information – ABB Group
TABLE 98 Key Information – Siemens AG
TABLE 99 Key Information – Rockwell Automation, Inc.
TABLE 100 Key Information – General Electric Company
TABLE 101 Key Information – Havells India Ltd.
TABLE 102 Key Information – Toshiba International Corporation
TABLE 103 Key Information – Mitsubishi Electric Corporation
TABLE 104 Key Information – Nidec Motor Corporation
TABLE 105 Key Information – Regal Rexnord Corporation
TABLE 106 Key Information – Watertronics
List of Figures
FIG 1 Methodology for the research
FIG 2 Asia Pacific Inverter Duty Motor Market, 2020 - 2031, USD Million
FIG 3 Key Factors Impacting Inverter Duty Motor Market
FIG 4 KBV Cardinal Matrix
FIG 5 Market Share Analysis, 2023
FIG 6 Key Leading Strategies: Percentage Distribution (2020-2024)
FIG 7 Key Strategic Move: (Product Launches and Product Expansions : 2020, Dec – 2024, May) Leading Players
FIG 8 Porter’s Five Forces Analysis – Inverter Duty Motor Market
FIG 9 Asia Pacific Inverter Duty Motor Market share by Material, 2023
FIG 10 Asia Pacific Inverter Duty Motor Market share by Material, 2031
FIG 11 Asia Pacific Inverter Duty Motor Market by Material, 2020 - 2031, USD Million
FIG 12 Asia Pacific Inverter Duty Motor Market share by Industry Vertical, 2023
FIG 13 Asia Pacific Inverter Duty Motor Market share by Industry Vertical, 2031
FIG 14 Asia Pacific Inverter Duty Motor Market by Industry Vertical, 2020 - 2031, USD Million
FIG 15 Asia Pacific Inverter Duty Motor Market share by Application, 2023
FIG 16 Asia Pacific Inverter Duty Motor Market share by Application, 2031
FIG 17 Asia Pacific Inverter Duty Motor Market by Application, 2020 - 2031, USD Million
FIG 18 Asia Pacific Inverter Duty Motor Market share by Country, 2023
FIG 19 Asia Pacific Inverter Duty Motor Market share by Country, 2031
FIG 20 Asia Pacific Inverter Duty Motor Market by Country, 2020 - 2031, USD Million
FIG 21 Recent strategies and developments: ABB group
FIG 22 SWOT Analysis: ABB GROUP
FIG 23 Recent strategies and developments: SIEMENS AG
FIG 24 SWOT Analysis: Siemens AG
FIG 25 SWOT Analysis: Rockwell Automation, Inc.
FIG 26 SWOT Analysis: General electric Company
FIG 27 SWOT Analysis: Havells India Ltd.
FIG 28 SWOT Analysis: Toshiba International Corporation
FIG 29 SWOT Analysis: Mitsubishi Electric Corporation
FIG 30 SWOT Analysis: Nidec Motor Corporation
FIG 31 SWOT Analysis: Regal Rexnord Corporation
FIG 32 SWOT analysis: Watertronics