Europe Inverter Duty Motor Market Summary, Competitive Analysis and Forecast to 2027

Europe Inverter Duty Motor Market Summary, Competitive Analysis and Forecast to 2027
Summary

Inverter Duty Motor in Europe industry profile provides top-line qualitative and quantitative summary information including: market size (value 2017-22, and forecast to 2027). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.

Key HighlightsInverter Duty Motors can withstand the higher voltage spikes produced by all Variable-frequency drives (VFDs) and can run at very low speeds without overheating. Both IEEE (Institute of Electrical and Electronics Engineers) and NEMA (National Electrical Manufacturers Association) standard Inverter Duty Motors are covered in our market scope.The European inverter duty motor market had total revenues of $0.8 billion in 2022, representing a compound annual growth rate (CAGR) of 4.8% between 2017 and 2022.The chemicals segment accounted for the market's largest proportion in 2022, with total revenues of $215.9 million, equivalent to 26.3% of the market's overall value.Increasing investment and prolific industrial expansion have resulted in the strong growth of the European inverter duty motor market in 2022. According to Eurostat, in 2022, the annual average industrial production in the EU and eurozone climbed by 1.9% and by 0.9%, respectively.ScopeSave time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the inverter duty motor market in EuropeUse the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the inverter duty motor market in EuropeLeading company profiles reveal details of key inverter duty motor market players’ global operations and financial performanceAdd weight to presentations and pitches by understanding the future growth prospects of the Europe inverter duty motor market with five year forecastsReasons to BuyWhat was the size of the Europe inverter duty motor market by value in 2022?What will be the size of the Europe inverter duty motor market in 2027?What factors are affecting the strength of competition in the Europe inverter duty motor market?How has the market performed over the last five years?What are the main segments that make up Europe's inverter duty motor market?