Inverter Duty Motors Market Size, By Application, Forecasts to 2020
The global inverter duty motors market is projected to grow at a CAGR of 9.6% during 2016–2021, to reach a value of USD 4.08 Billion by 2021
[UKPRwire, Thu May 18 2017] The global inverter duty motors market stands at USD 2.38 Billion in 2015, and is expected to grow at a CAGR of 9.6% during 2016–2021.
The inverter duty motors market is segmented on the basis of its application, end-user, construction material, standards, enclosure type, and region. Objectives of the study are:
• To define and segment the global inverter duty motors market
• To estimate the global inverter duty motors market size, in terms of value
• To analyze the market with respect to standards, end-user, construction material, application, and region
• To provide a detailed information on major factors influencing the growth of the market (drivers, restraints, opportunities, and industry-specific challenges)
• To analyze the major stakeholders of the global inverter duty motors market and provide details of the competitive landscape for key market leaders
• To study industrial trends and forecast the market in North America, Europe, Asia-Pacific, Rest of the World
• To track and analyze competitive developments such as contract agreements, mergers & acquisitions, new product developments, and Research & Development (R&D) in the inverter duty motors market
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The ecosystem of the global inverter duty motors market starts with suppliers of basic components such as construction material, winding wires, frames, and electric connections, among others. The manufactured parts are then assembled by the OEMs to form an inverter duty motor, which is then tested. After this stage, distribution comes next in which majority of the production is directed toward end-users.
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The target audience for the report includes:
• Inverter duty motors manufacturers, dealers, and suppliers
• Consulting companies in the energy and power sector
• Government and research organizations
• Environmental research institutes
• Process industries and power industry associations
• Petroleum companies (diesel and natural gas suppliers)
• Manufacturing industry
• Energy efficiency consultancies
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