Europe Inverter Duty Motor Market

Europe Inverter Duty Motor Market Size, Share & Trends Analysis Report By Material (Laminated steel and Aluminum), By Industry Vertical (Chemicals and Others), By Application (Pumps and Others), By Country and Growth Forecast, 2024 - 2031

Report Id: KBV-24252 Publication Date: September-2024 Number of Pages: 142
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Analysis of Market Size & Trends

The Europe Inverter Duty Motor Market would witness market growth of 9.0% CAGR during the forecast period (2024-2031).

The Germany market dominated the Europe Inverter Duty Motor Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $657.6 million by 2031. The UK market is exhibiting a CAGR of 8% during (2024 - 2031). Additionally, The France market would experience a CAGR of 10.2% during (2024 - 2031).

Europe Inverter Duty Motor Market

Inverter-duty motors are used in food processing and packaging lines to manage varying speeds and loads, accommodating different product types and production volumes. They contribute to the hygienic operation of equipment by allowing precise control over mixing and handling, which is crucial for maintaining sanitary conditions in food production. These duty motors control weaving and spinning machinery, ensuring consistent thread tension and quality in textile production. They enable adjustments to machinery speeds to accommodate different fabric types and processing requirements, improving the versatility of textile manufacturing equipment.

Likewise, these duty motors drive propulsion systems and auxiliary equipment in marine and offshore applications, offering reliable performance in challenging and variable operating conditions. They provide precise control over propulsion speed and power, improving maneuverability and efficiency in marine vessels. These duty motors power robotic arms and automated systems in automotive manufacturing, providing precise control and reliability for assembly, welding, and painting operations. They support flexible manufacturing systems by enabling variable speed operation and accommodating different production rates and product types.

Europe’s metal industry increasingly focuses on producing specialty metals and alloys that require high-precision processing. Inverter duty motors, which offer precise control over processing speeds, are essential for producing these materials accurately. According to the International Copper Association Europe, copper demand is expected to grow 35% in the EU by 2050 due to its crucial role in decarbonization technologies. Thus, rising metal industry in the region is propelling the growth of the market.

Free Valuable Insights: The Global Inverter Duty Motor Market will Hit 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 Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.

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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

Europe 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

  • Germany
  • UK
  • France
  • Russia
  • Spain
  • Italy
  • Rest of Europe
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