Inverter Duty Motor Market Segmentation by Phase, Application, and End-Use Industry
The global inverter duty motor market was valued at approximately USD 5.09 billion in 2023 and is expected to expand significantly to reach around USD 9.68 billion by 2030, growing at a robust compound annual growth rate (CAGR) of 9.8% between 2024 and 2030. Inverter duty motors are specialized electric motors specifically designed to function seamlessly with variable frequency drives...
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