Asia Pacific Inverter Duty Motor Market Size & Outlook
Asia Pacific inverter duty motor market highlights
- The Asia Pacific inverter duty motor market generated a revenue of USD 1,307.8 million in 2024.
- The market is expected to grow at a CAGR of 10.7% from 2025 to 2030.
- In terms of segment, laminated steel was the largest revenue generating material in 2024.
- Laminated steel is the most lucrative material segment registering the fastest growth during the forecast period.
Asia Pacific data book summary
| Market revenue in 2024 | USD 1,307.8 million |
| Market revenue in 2030 | USD 2,405.6 million |
| Growth rate | 10.7% (CAGR from 2025 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 |
Other key industry trends
- In terms of revenue, Asia Pacific region accounted for 23.7% of the global inverter duty motor market in 2024.
- Globally, North America is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 2,405.6 million by 2030.
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Inverter Duty Motor Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Watertronics | View profile | 51-100 | Hartland, Wisconsin, United States, North America | http://www.watertronics.com |
| Shenzhen Veikong Electric Co. | View profile | 51-100 | Shenzhen, Guangdong, China, Asia | https://veikong-electric.com |
| KEB Automation | View profile | 101-250 | Barntrup, Nordrhein-Westfalen, Germany, Europe | https://www.keb.de |
| Elmech Industries | View profile | - | Ahmedabad, Gujarat, India, Asia | https://www.elmechindustries.in |
| Bodine Electric Company | View profile | 101-250 | Chicago, Illinois, United States, North America | http://bodine-electric.com |
| Weg SA ADR | View profile | 40793 | Avenida Prefeito Waldemar Grubba, No. 3300, Jaragua do Sul, SC, Brazil, 89256-900 | https://www.weg.net |
| The AES Corp | View profile | 9600 | 4300 Wilson Boulevard, 11th Floor, Arlington, VA, United States, 22203 | https://www.aes.com |
| Regal Rexnord Corp | View profile | 32100 | 111 West Michigan Street, Milwaukee, WI, United States, 53203 | https://www.regalrexnord.com |
| ABB Ltd | View profile | 108700 | Affolternstrasse 44, Zurich, Switzerland, 8050 | https://www.abb.com |
| Nidec Corp | View profile | 128002 | 338 Kuzetonoshiro-cho, Minami-ku, Kyoto, Japan, 601-8205 | http://www.nidec.com |
Asia Pacific inverter duty motor market outlook
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 Asia Pacific inverter duty motor market based on laminated steel covering the revenue growth of each sub-segment from 2018 to 2030.
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Target buyers of Asia Pacific inverter duty motor market databook
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Our clientele includes a mix of inverter duty motor market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of continent-level data and insights on the Asia Pacific inverter duty motor market , including forecasts for subscribers. This continent databook contains high-level insights into Asia Pacific inverter duty motor market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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