The North America Inverter Duty Motor Market would witness market growth of 8.8% CAGR during the forecast period (2024-2031).
The US market dominated the North America Inverter Duty Motor Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $2,343.7 million by 2031. The Canada market is experiencing a CAGR of 11.1% during (2024 - 2031). Additionally, The Mexico market would exhibit a CAGR of 10.2% during (2024 - 2031).
This motor is an electric motor specifically designed to operate with variable frequency drives (VFDs) or inverters. These motors are engineered to handle the demanding conditions associated with variable speed operations, including frequency and voltage changes. Inverter-duty motors are versatile and play a critical role in numerous industrial applications. This duty motors enable HVAC systems to adapt air flow based on real-time demand, optimizing comfort and energy usage in large commercial and residential buildings.
In addition, these motors can adjust the speed of fans and compressors based on occupancy levels and temperature variations, leading to significant energy savings. This duty motors control the speed of pumps and aerators in water and wastewater treatment plants, optimizing energy use and improving the efficiency of treatment processes. They adapt to varying water flow and treatment requirements, ensuring effective operation across different stages of the treatment process.
The Canadian food and beverage industry is increasingly adopting automation to enhance productivity, consistency, and hygiene in food processing. These duty motors play a crucial role in these automated systems, offering precise control over speed and torque, essential for tasks like mixing, packaging, and conveyor systems. Efficiency and Consistency: These duty motors help maintain the consistency of operations by providing stable and reliable performance, which is vital in Canada’s highly regulated food and beverage sector. Mining equipment requires reliable and efficient motor solutions to operate effectively in harsh environments. Inverter duty motors offer the precise control and durability needed for such applications, contributing to their growing use. As per the International Trade Administration (ITA), Mexico’s mining industry value in 2022 was USD 3.3 billion. About half of Mexico’s mining production consists of extracting precious metals, with the remaining output composed of 40 percent non-ferrous, six percent metallurgy, and seven percent non-metallic ores. In 2022, mining production reached USD 16.16 billion. Hence, the growing food and beverage processing sector and expansion of the mining industry in North America are expected to boost the demand for probiotics in the region.
Free Valuable Insights: The 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 U.S., Mexico, Canada, and Rest of North America.
By Material
By Industry Vertical
By Application
By Country
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