North America 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

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.

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

North America 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

• US
• Canada
• Mexico
• Rest of North America

Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 North America Inverter Duty Motor Market, by Material
1.4.2 North America Inverter Duty Motor Market, by Industry Vertical
1.4.3 North America Inverter Duty Motor Market, by Application
1.4.4 North America Inverter Duty Motor Market, by Country
1.5 Methodology for the research

Chapter 2. Market at a Glance
2.1 Key Highlights

Chapter 3. Market Overview
3.1 Introduction
3.1.1 Overview
3.1.1.1 Market Composition and Scenario
3.2 Key Factors Impacting the Market
3.2.1 Market Drivers
3.2.2 Market Restraints
3.2.3 Market Opportunities
3.2.4 Market Challenges

Chapter 4. Competition Analysis - Global
4.1 KBV Cardinal Matrix
4.2 Recent Industry Wide Strategic Developments
4.2.1 Product Launches and Product Expansions
4.2.2 Acquisition and Mergers
4.3 Market Share Analysis, 2023
4.4 Top Winning Strategies
4.4.1 Key Leading Strategies: Percentage Distribution (2020-2024)
4.4.2 Key Strategic Move: (Product Launches and Product Expansions: 2020, Dec – 2024, May) Leading Players
4.5 Porter Five Forces Analysis

Chapter 5. North America Inverter Duty Motor Market by Material
5.1 North America Laminated steel Market by Country
5.2 North America Cast iron Market by Country
5.3 North America Aluminum Market by Country

Chapter 6. North America Inverter Duty Motor Market by Industry Vertical
6.1 North America Chemicals Market by Country
6.2 North America Oil & gas Market by Country
6.3 North America Metal & mining Market by Country
6.4 North America Paper & pulp Market by Country
6.5 North America Food & Beverage Market by Country
6.6 North America Others Market by Country

Chapter 7. North America Inverter Duty Motor Market by Application
7.1 North America Pumps Market by Country
7.2 North America Fans Market by Country
7.3 North America Conveyors Market by Country
7.4 North America Extruders Market by Country
7.5 North America Others Market by Country

Chapter 8. North America Inverter Duty Motor Market by Country
8.1 US Inverter Duty Motor Market
8.1.1 US Inverter Duty Motor Market by Material
8.1.2 US Inverter Duty Motor Market by Industry Vertical
8.1.3 US Inverter Duty Motor Market by Application
8.2 Canada Inverter Duty Motor Market
8.2.1 Canada Inverter Duty Motor Market by Material
8.2.2 Canada Inverter Duty Motor Market by Industry Vertical
8.2.3 Canada Inverter Duty Motor Market by Application
8.3 Mexico Inverter Duty Motor Market
8.3.1 Mexico Inverter Duty Motor Market by Material
8.3.2 Mexico Inverter Duty Motor Market by Industry Vertical
8.3.3 Mexico Inverter Duty Motor Market by Application
8.4 Rest of North America Inverter Duty Motor Market
8.4.1 Rest of North America Inverter Duty Motor Market by Material
8.4.2 Rest of North America Inverter Duty Motor Market by Industry Vertical
8.4.3 Rest of North America Inverter Duty Motor Market by Application

Chapter 9. Company Profiles
9.1 ABB Group
9.1.1 Company Overview
9.1.2 Financial Analysis
9.1.3 Segmental and Regional Analysis
9.1.4 Research & Development Expense
9.1.5 Recent strategies and developments:
9.1.5.1 Product Launches and Product Expansions:
9.1.5.2 Acquisition and Mergers:
9.1.6 SWOT Analysis
9.2 Siemens AG
9.2.1 Company Overview
9.2.2 Financial Analysis
9.2.3 Segmental and Regional Analysis
9.2.4 Research & Development Expense
9.2.5 Recent strategies and developments:
9.2.5.1 Product Launches and Product Expansions:
9.2.5.2 Acquisition and Mergers:
9.2.6 SWOT Analysis
9.3 Rockwell Automation, Inc.
9.3.1 Company Overview
9.3.2 Financial Analysis
9.3.3 Segmental and Regional Analysis
9.3.4 Research & Development Expenses
9.3.5 Recent strategies and developments:
9.3.5.1 Product Launches and Product Expansions:
9.3.6 SWOT Analysis
9.4 General Electric Company
9.4.1 Company Overview
9.4.2 Financial Analysis
9.4.3 Segmental and Regional Analysis
9.4.4 Research & Development Expense
9.4.5 SWOT Analysis
9.5 Havells India Ltd.
9.5.1 Company Overview
9.5.2 Financial Analysis
9.5.3 Segmental Analysis
9.5.4 Recent strategies and developments:
9.5.4.1 Product Launches and Product Expansions:
9.5.5 SWOT Analysis
9.6 Toshiba International Corporation
9.6.1 Company Overview
9.6.2 Financial Analysis
9.6.3 Segmental and Regional Analysis
9.6.4 Research and Development Expense
9.6.5 Recent strategies and developments:
9.6.5.1 Product Launches and Product Expansions:
9.6.6 SWOT Analysis
9.7 Mitsubishi Electric Corporation
9.7.1 Company Overview
9.7.2 Financial Analysis
9.7.3 Segmental and Regional Analysis
9.7.4 Research & Development Expense
9.7.5 SWOT Analysis
9.8 Nidec Motor Corporation
9.8.1 Company Overview
9.8.2 Financial Analysis
9.8.3 Segmental and Regional Analysis
9.8.4 Research & Development Expense
9.8.5 Recent strategies and developments:
9.8.5.1 Product Launches and Product Expansions:
9.8.6 SWOT Analysis
9.9 Regal Rexnord Corporation
9.9.1 Company Overview
9.9.2 Financial Analysis
9.9.3 Segmental and Regional Analysis
9.9.4 Research & Development Expenses
9.9.5 Recent strategies and developments:
9.9.5.1 Acquisition and Mergers:
9.9.6 SWOT Analysis
9.10. Watertronics
9.10.1 Company Overview
9.10.2 SWOT Analysis

TABLE 1 North America Inverter Duty Motor Market, 2020 - 2023, USD Million
TABLE 2 North America 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 North America Inverter Duty Motor Market by Material, 2020 - 2023, USD Million
TABLE 6 North America Inverter Duty Motor Market by Material, 2024 - 2031, USD Million
TABLE 7 North America Laminated steel Market by Country, 2020 - 2023, USD Million
TABLE 8 North America Laminated steel Market by Country, 2024 - 2031, USD Million
TABLE 9 North America Cast iron Market by Country, 2020 - 2023, USD Million
TABLE 10 North America Cast iron Market by Country, 2024 - 2031, USD Million
TABLE 11 North America Aluminum Market by Country, 2020 - 2023, USD Million
TABLE 12 North America Aluminum Market by Country, 2024 - 2031, USD Million
TABLE 13 North America Inverter Duty Motor Market by Industry Vertical, 2020 - 2023, USD Million
TABLE 14 North America Inverter Duty Motor Market by Industry Vertical, 2024 - 2031, USD Million
TABLE 15 North America Chemicals Market by Country, 2020 - 2023, USD Million
TABLE 16 North America Chemicals Market by Country, 2024 - 2031, USD Million
TABLE 17 North America Oil & gas Market by Country, 2020 - 2023, USD Million
TABLE 18 North America Oil & gas Market by Country, 2024 - 2031, USD Million
TABLE 19 North America Metal & mining Market by Country, 2020 - 2023, USD Million
TABLE 20 North America Metal & mining Market by Country, 2024 - 2031, USD Million
TABLE 21 North America Paper & pulp Market by Country, 2020 - 2023, USD Million
TABLE 22 North America Paper & pulp Market by Country, 2024 - 2031, USD Million
TABLE 23 North America Food & Beverage Market by Country, 2020 - 2023, USD Million
TABLE 24 North America Food & Beverage Market by Country, 2024 - 2031, USD Million
TABLE 25 North America Others Market by Country, 2020 - 2023, USD Million
TABLE 26 North America Others Market by Country, 2024 - 2031, USD Million
TABLE 27 North America Inverter Duty Motor Market by Application, 2020 - 2023, USD Million
TABLE 28 North America Inverter Duty Motor Market by Application, 2024 - 2031, USD Million
TABLE 29 North America Pumps Market by Country, 2020 - 2023, USD Million
TABLE 30 North America Pumps Market by Country, 2024 - 2031, USD Million
TABLE 31 North America Fans Market by Country, 2020 - 2023, USD Million
TABLE 32 North America Fans Market by Country, 2024 - 2031, USD Million
TABLE 33 North America Conveyors Market by Country, 2020 - 2023, USD Million
TABLE 34 North America Conveyors Market by Country, 2024 - 2031, USD Million
TABLE 35 North America Extruders Market by Country, 2020 - 2023, USD Million
TABLE 36 North America Extruders Market by Country, 2024 - 2031, USD Million
TABLE 37 North America Others Market by Country, 2020 - 2023, USD Million
TABLE 38 North America Others Market by Country, 2024 - 2031, USD Million
TABLE 39 North America Inverter Duty Motor Market by Country, 2020 - 2023, USD Million
TABLE 40 North America Inverter Duty Motor Market by Country, 2024 - 2031, USD Million
TABLE 41 US Inverter Duty Motor Market, 2020 - 2023, USD Million
TABLE 42 US Inverter Duty Motor Market, 2024 - 2031, USD Million
TABLE 43 US Inverter Duty Motor Market by Material, 2020 - 2023, USD Million
TABLE 44 US Inverter Duty Motor Market by Material, 2024 - 2031, USD Million
TABLE 45 US Inverter Duty Motor Market by Industry Vertical, 2020 - 2023, USD Million
TABLE 46 US Inverter Duty Motor Market by Industry Vertical, 2024 - 2031, USD Million
TABLE 47 US Inverter Duty Motor Market by Application, 2020 - 2023, USD Million
TABLE 48 US Inverter Duty Motor Market by Application, 2024 - 2031, USD Million
TABLE 49 Canada Inverter Duty Motor Market, 2020 - 2023, USD Million
TABLE 50 Canada Inverter Duty Motor Market, 2024 - 2031, USD Million
TABLE 51 Canada Inverter Duty Motor Market by Material, 2020 - 2023, USD Million
TABLE 52 Canada Inverter Duty Motor Market by Material, 2024 - 2031, USD Million
TABLE 53 Canada Inverter Duty Motor Market by Industry Vertical, 2020 - 2023, USD Million
TABLE 54 Canada Inverter Duty Motor Market by Industry Vertical, 2024 - 2031, USD Million
TABLE 55 Canada Inverter Duty Motor Market by Application, 2020 - 2023, USD Million
TABLE 56 Canada Inverter Duty Motor Market by Application, 2024 - 2031, USD Million
TABLE 57 Mexico Inverter Duty Motor Market, 2020 - 2023, USD Million
TABLE 58 Mexico Inverter Duty Motor Market, 2024 - 2031, USD Million
TABLE 59 Mexico Inverter Duty Motor Market by Material, 2020 - 2023, USD Million
TABLE 60 Mexico Inverter Duty Motor Market by Material, 2024 - 2031, USD Million
TABLE 61 Mexico Inverter Duty Motor Market by Industry Vertical, 2020 - 2023, USD Million
TABLE 62 Mexico Inverter Duty Motor Market by Industry Vertical, 2024 - 2031, USD Million
TABLE 63 Mexico Inverter Duty Motor Market by Application, 2020 - 2023, USD Million
TABLE 64 Mexico Inverter Duty Motor Market by Application, 2024 - 2031, USD Million
TABLE 65 Rest of North America Inverter Duty Motor Market, 2020 - 2023, USD Million
TABLE 66 Rest of North America Inverter Duty Motor Market, 2024 - 2031, USD Million
TABLE 67 Rest of North America Inverter Duty Motor Market by Material, 2020 - 2023, USD Million
TABLE 68 Rest of North America Inverter Duty Motor Market by Material, 2024 - 2031, USD Million
TABLE 69 Rest of North America Inverter Duty Motor Market by Industry Vertical, 2020 - 2023, USD Million
TABLE 70 Rest of North America Inverter Duty Motor Market by Industry Vertical, 2024 - 2031, USD Million
TABLE 71 Rest of North America Inverter Duty Motor Market by Application, 2020 - 2023, USD Million
TABLE 72 Rest of North America Inverter Duty Motor Market by Application, 2024 - 2031, USD Million
TABLE 73 Key Information – ABB Group
TABLE 74 Key Information – Siemens AG
TABLE 75 Key Information – Rockwell Automation, Inc.
TABLE 76 Key Information – General Electric Company
TABLE 77 Key Information – Havells India Ltd.
TABLE 78 Key Information – Toshiba International Corporation
TABLE 79 Key Information – Mitsubishi Electric Corporation
TABLE 80 Key Information – Nidec Motor Corporation
TABLE 81 Key Information – Regal Rexnord Corporation
TABLE 82 Key Information – Watertronics

List of Figures
FIG 1 Methodology for the research
FIG 2 North America 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 North America Inverter Duty Motor Market share by Material, 2023
FIG 10 North America Inverter Duty Motor Market share by Material, 2031
FIG 11 North America Inverter Duty Motor Market by Material, 2020 - 2031, USD Million
FIG 12 North America Inverter Duty Motor Market share by Industry Vertical, 2023
FIG 13 North America Inverter Duty Motor Market share by Industry Vertical, 2031
FIG 14 North America Inverter Duty Motor Market by Industry Vertical, 2020 - 2031, USD Million
FIG 15 North America Inverter Duty Motor Market share by Application, 2023
FIG 16 North America Inverter Duty Motor Market share by Application, 2031
FIG 17 North America Inverter Duty Motor Market by Application, 2020 - 2031, USD Million
FIG 18 North America Inverter Duty Motor Market share by Country, 2023
FIG 19 North America Inverter Duty Motor Market share by Country, 2031
FIG 20 North America 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