Consumer Insights
Uncover trends and behaviors shaping consumer choices today
Procurement Insights
Optimize your sourcing strategy with key market data
Industry Stats
Stay ahead with the latest trends and market analysis.
Report Overview
2023
Base Year
2018-2023
Historical Year
2024-2032
Forecast Year
India Electric Motor Market Share
- Rapid industrial growth increasing the demand for electric motors.
- Strong support from government policies and initiatives promoting manufacturing.
- Innovation in electric motor technologies enhancing efficiency and performance.
- India has a well-established manufacturing infrastructure for electric motors.
- Wide range of applications in sectors like automotive, industrial, and household appliances is increasing the India electric motor market value.
India Electric Motor Market Report Snapshots
India Electric Motor Market Size
India Electric Motor Market Trends
India Electric Motor Market Analysis
India Electric Motor Market Share
India Electric Motor Market Growth
India Electric Motor Companies
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
Looking for specific insights?
Get in touch with us for a customized solution tailored to your unique requirements and save upto 35%!
Key Questions Answered in the Report
In the 2018-2023 period, the India electric motor market attained a value of nearly INR 118.30 billion.
The market is projected to grow at a CAGR of 11% between 2024 and 2032.
The major drivers of the market include increasing construction activities, the introduction of favourable government initiatives aimed at boosting the use of energy-efficient motors, and rapid industrialisation.
The rising use of electric motors in versatile end-use sectors, the growing population in tier-II and tier-III Indian cities, and the increasing manufacturing of electric motors in the country are the key trends guiding the market.
The major regions in the market are North, South, East, and West.
The major types of electric motors are AC and DC, among others.
The significant voltage segments in the market are low voltage, medium voltage, and high voltage.
The various segments on the basis of rated power in the market include fractional horsepower motors and integral horsepower motors.
The major weight segments in the market are low, medium, and high.
The various segments on the basis of rated power in the market include fractional horsepower motors and integral horsepower motors.
The different magnet types considered in the market report are ferrite, neodynmium (NdFeB), and samarium cobalt (SmCo5 and Sm2Co17).
The major applications of the product include fans, pumps, compressors, and mechanical movement, among others.
The major end uses of the product are residential, commercial, industrial, and transportation, among others.
The major players in the market are Hindustan Electric Motors, ABB India Limited, Siemens Limited, Bharat Heavy Electricals Ltd (BHEL), Kirloskar Electric Company, Toshiba Mitsubishi-Electric Industrial Systems Corporation (TMEIC), Marathon Electric India, Bharat Electric Motors, and Bharat Bijlee Limited, among others.
Gujarat, Maharashtra, and Madhya Pradesh are the major markets for electric motor in the country.
The India electric motor market is expected to grow significantly in the coming years due to the rising number of government incentives and advent of better insulation materials.
The market is estimated to witness a healthy growth in the forecast period of 2024-2032 to reach USD 302.6 billion by 2032.
Purchase Full Report
Datasheet
- Selected Sections, One User
- Printing Not Allowed
- Email Delivery in PDF
Free Limited CustomisationPost Sales Analyst Support50% Discount on Next Update
Single User License
One User
- All Sections, One User
- One Print Allowed
- Email Delivery in PDF
Free Limited CustomisationPost Sales Analyst Support50% Discount on Next Update
Five User License
Five Users
- All Sections, Five Users
- Five Prints Allowed
- Email Delivery in PDF
- Free Limited Customisation
- Post Sales Analyst Support
50% Discount on Next Update
Corporate License
Unlimited Users
- All Sections, Unlimited Users
- Unlimited Prints Allowed
- Email Delivery in PDF + Excel
- Free Limited Customisation
- Post Sales Analyst Support
- 50% Discount on Next Update
How To Order
Our step-by-step guide will help you select, purchase, and access your reports swiftly, ensuring you get the information that drives your decisions, right when you need it.
Select License Type
Choose the right license for your needs and access rights.
Click on ‘Buy Now’
Add the report to your cart with one click and proceed to register.
Select Mode of Payment
Choose a payment option for a secure checkout. You will be redirected accordingly.
Gain insights to stay ahead and seize opportunities.
Get insights & trends for a competitive edge.
Track prices with detailed trend reports.
Analyse trade data for supply chain insights.
Leverage cost reports for smart savings
Enhance supply chain with partnerships.
Connect For More Information
Our expert team of analysts will offer full support and resolve any queries regarding the report, before and after the purchase.
Our expert team of analysts will offer full support and resolve any queries regarding the report, before and after the purchase.
We employ meticulous research methods, blending advanced analytics and expert insights to deliver accurate, actionable industry intelligence, staying ahead of competitors.
Our skilled analysts offer unparalleled competitive advantage with detailed insights on current and emerging markets, ensuring your strategic edge.
We offer an in-depth yet simplified presentation of industry insights and analysis to meet your specific requirements effectively.
Subscribe to our Newsletter
By subscribing you agree to with our privacy policy and provide
consent to
receive
updates
from our company.
Our Offices
United States (Head Office)
30 North Gould Street, Sheridan, WY 82801
+1-415-325-5166
Australia
63 Fiona Drive, Tamworth, NSW
+61 448 06 17 27
India
C130 Sector 2 Noida, Uttar Pradesh 201301
+91-858-608-1494
Philippines
40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City,1226.
+63 287899028, +63 967 048 3306
United Kingdom
6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London
+44-753-713-2163
Vietnam
193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City
+84865399124