Centrifugal pumping for extraction of natural resources such as oil and gas can be simplified with the use of inverter duty motors and companies can achieve cost efficiencies. Additionally, reduced costs and better operational efficiencies are other factors that make it imperative for oil and gas vendors to use these products.
The report aims to provide an overview of Global Inverter duty motors Market along with detailed segmentation of the market by standards, applications, end-users, and five major geographical regions. Global inverter duty motors market is expected to witness an exponential growth during the forecast period due to increasing energy demands and the need to pump oil and gas resources from earth at a reduced costs.
The objectives of this report are as follows:
-To provide overview of the global inverter duty motors market
-To analyze and forecast the global inverter duty motors market on the basis of standard, applications, and end-user
-To provide market size and forecast till 2025 for overall inverter duty motors market with respect to five major regions, namely; North America, Europe, Asia Pacific (APAC), Middle East and Africa (MEA), and South America (SAM), which are later sub-segmented across respective major countries
-To evaluate market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend
-To provide exhaustive PEST analysis for all five regions
-To profile key inverter duty motors players influencing the market along with their SWOT analysis and market strategies
Some of the important players in inverter duty motors market are Regal Beloit Corporation, Rockwell Automation Inc., ABB Ltd., Siemens AG, General Electric Company, Nord Driversystems, Havells India Ltd., Nidec Corporation, Crompton Greaves Limited and Adlee Powertronic Co. Ltd.