Market revenue in 2024 | USD 1,924.0 million |
Market revenue in 2030 | USD 3,313.5 million |
Growth rate | 9.5% (CAGR from 2024 to 2030) |
Largest segment | Laminated steel |
Fastest growing segment | Laminated steel |
Historical data covered | 2018 - 2023 |
Base year for estimation | 2024 |
Forecast period covered | 2025 - 2030 |
Quantitative units | Revenue in USD million |
Market segmentation | Laminated steel |
Key market players worldwide | ABB Ltd, The AES Corp, Bodine Electric Company, Elmech Industries, KEB Automation, Nidec Corp, Regal Rexnord Corp, Shenzhen Veikong Electric Co., Watertronics, Weg SA ADR |
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The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to inverter duty motor market will help companies and investors design strategic landscapes.
Laminated steel was the largest segment with a revenue share of 100% in 2024. Horizon Databook has segmented the North America inverter duty motor market based on laminated steel covering the revenue growth of each sub-segment from 2018 to 2030.
Horizon Databook provides a detailed overview of continent-level data and insights on the North America inverter duty motor market , including forecasts for subscribers. This continent databook contains high-level insights into North America inverter duty motor market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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