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Can Inverter Duty Motors Market Reach to $4.08 Billion till 2021

The inverter duty motors market is expected to grow from an estimated USD 2.58 Billion in 2016 to USD 4.08 Billion by 2021, at a CAGR of 9.6% from 2016 to 2021. Increasing need for motor efficiency, growing urbanization and infrastructure developments, and high demand for energy density of motors are driving the inverter duty motors market across the globe.

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Can Inverter Duty Motors Market Reach to $4.08 Billion till 2021

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  1. Can Inverter Duty Motors Market Reach to $4.08 Billion till 2021 www.MarketsandMarkets.com

  2. The report "Inverter Duty Motors Market by Application, by End-User, by Standards, by Construction Material, and by Region (North America, Europe, Asia-Pacific, and Rest of the World) - Global forecasts to 2021", The inverter duty motors market is expected to grow from an estimated USD 2.58 Billion in 2016 to USD 4.08 Billion by 2021, at a CAGR of 9.6% from 2016 to 2021. Increasing need for motor efficiency, growing urbanization and infrastructure developments, and high demand for energy density of motors are driving the inverter duty motors market across the globe. PDF Brochure : https://www.marketsandmarkets.com/pdfdownload.asp?id=222093886

  3. IEEE standards-based inverter duty motors accounted for the largest market share in 2015 Among different types of international standards, i.e., IEEE, NEMA, UL, and others, IEEE standards-based inverter duty motors accounted for the largest market share in 2015. IEEE specifies inverter duty motors standard under IEEE 841™-2009 standard. This standard implies that the motors should be built with NEMA MG1 compliance, and also should include typical features and testing of IEEE 841™-2009 standard. Chemicals and oil & gas end-user segment is responsible for the highest demand of inverter duty motors globally Upstream operations of the oil & gas industry, such as drilling, require constant torque and variable speed motor applications. Inverter duty motors are reliable and efficient for such operations. Due to widespread oil & gas operations across the globe, and increasing demand for reliability in operations, inverter duty motors are expected to cater the highest demand from this industry during the forecast period. Request for Customization : https://www.marketsandmarkets.com/requestCustomization.asp?id=222093886

  4. Browse >> 73market data tables 49 figures 142 pagesand in-depth TOC on “Inverter Duty Motors Market” Early buyers will receive 10% customization on this report. This is a Premium Report Priced at US $5650 for single user. Corporate User : US$8150 This study answers several questions for the stakeholders, primarily which market segments to focus on in the next two to five years to prioritize efforts and investments.

  5. North America is the dominant market for inverter duty motors In this report, the inverter duty motors market has been analyzed with respect to four regions, namely, North America, Europe, Asia-Pacific, and Rest of the World. Rest of the World includes South America, the Middle East, and Africa regions. North America is expected to dominate the global inverter duty motors market owing to its large unconventional oil & gas industry base, and stringent motor-efficiency regulations in the region. To provide an in-depth understanding of the competitive landscape, the report includes profile of some of the leading players in the inverter duty motors market, namely, ABB Ltd. (Switzerland), Nidec Corporation (Japan), Regal Beloit Corporation (U.S.), Rockwell Corporation (U.S.), Siemens AG (Germany), General Electric (U.S.), WEG SA (Brazil), Crompton Greaves (India), and Havells India Ltd. (India), among others. Request Sample @ https://www.marketsandmarkets.com/requestsample.asp?id=222093886

  6. Scope of the Report: • By Application • Pumps • Fans • Extruders • Conveyors • By End-User • Chemicals and Oil & Gas • Metal & Mining • Paper & Pulp • Food & Beverage • Others • Speak to analyst @ https://www.marketsandmarkets.com/speaktoanalyst.asp?id=222093886

  7. Key players - • To enable an in-depth understanding of the competitive landscape, the report includes the profiles of some of the top players in the market. These include • ABB Ltd. (Switzerland) • Nidec Corporation (Japan) • Regal Beloit Corporation (U.S.) • Rockwell Corporation (U.S.) • Siemens AG (Germany) • General Electric (U.S.) • WEG SA (Brazil) • Crompton Greaves (India) • Havells India Ltd. (India) • Buy Now : - • https://www.marketsandmarkets.com/Purchase/purchase_report1.asp?id=222093886

  8. Contact:Mr. Shelly SinghMarketsandMarkets™ INC.630 Dundee Road Suite 430 Northbrook, IL 60062 USA : 1-888-600-6441 UK : 44-800-368-9399Email: sales@marketsandmarkets.com

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