Powering Progress: India's Electric Motor Sector Outlook (2022-2027)


Posted September 6, 2023 by aishwaryammr

India Electric Motor Market was valued at US$ 980.56 Mn. in 2021. India Electric Motor Market size is estimated to grow at a CAGR of 17.45%.
 
India Electric Motor Market Overview

As per Maximize Market Research, a global business research and consultancy firm, the total global market for India Electric Motor Market was USD ## in 2022 and is expected to grow at a CAGR of percent over the forecast period to reach USD by 2029.

For detail insights on this market, request for methodology here

@ https://www.maximizemarketresearch.com/request-sample/63069

India Electric Motor Market Scope and Methodology

The bottom-up approach was used in the report to estimate the India Electric Motor Market. The primary and secondary data sources were used to collect data. The primary source involved interviews with significant market leaders and industry experts including business owners and marketing specialists while secondary sources are a combination of the reviews of the financial and annual reports of top manufacturers. For better information on market penetration, competitive landscape demand analysis, and regional analysis are taken at the local, regional, and global levels. The report presented the PORTER and PESTLE Analysis with the potential impact of micro-economic factors of the India Electric Motor market. SWOT analysis is used to identify the threats and weaknesses of the market while PORTER is used to determine the competitive intensity of the industry in the India Electric Motor market.

India Electric Motor Market Regional Insights

Categorized broadly, the India Electric Motor market is segmented across North America, Europe, Asia Pacific, Latin America, the Middle East, and Africa. The report comprehensively analyzes factors, market size, growth rate, and regional import-export activities. The regional analysis extends to both local and country levels for a comprehensive examination.

India Electric Motor Market Segmentation

The utilization of rare earth magnets is becoming problematic in the current market environment, which is encouraging machine designers to develop novel ideas. Additionally, it reduces the need for rare earth magnets and increases demand for effective electric motors. Rare earth magnets electric motors face limitations, but even slight adjustments to the construction could significantly boost their economic advantages. In which innovative machine designs are anticipated to continue. In the Indian electric motor market, it is anticipated to emerge as a major trend.

According to the report, India's industrial sector uses around 40% more electricity than the country as a whole. This accounts for more than 28% of all electricity used in the country. The National Motor Replacement Programme (NMRP) of EESL aims to increase the supply of high efficiency motors in India. More than 30 large enterprises have signed contracts with Energy Efficiency Services Limited to replace more than 1,200 inefficient motors, resulting in annual energy savings of 48,16,535 kWh and CO2 emission reductions of 4,240 tCO2.

1. India Electric Motor Market Size, by Motor Type (2021-2027)
• Alternating Current (AC) Motor
• Direct Current (DC) Motor
2. India Electric Motor Market Size, by Voltage (2021-2027)
• Low Voltage
• Medium Voltage
• High Voltage
3. India Electric Motor Market Size, by Power Capacity (2021-2027)
• Fractional Horsepower
• Integral Horsepower
India Electric Motor Market Size, by Applications (2021-2027)
• Industrial
• Commercial
• Residential
• Transportation And Agricultural

For any Queries Linked with the Report, Ask an Analyst

@ https://www.maximizemarketresearch.com/request-sample/63069

India Electric Motor Market Key Players

• ABB India Ltd.
• Siemens India Ltd.
• CG Power And Industrial Solutions Limited
• Bharat Heavy Electricals Ltd.
• Marathon Electric India
• Toshiba Mitsubishi-Electric Industrial Systems Corporation (TMEIC)
• WEG Industries (India) Pvt. Ltd.
• Kirloskar Electric Company Ltd.
• Hindustan Electric Motors
• Bharat Electric Motors
• Bharat Bijlee Limited
• Fuji Electric India Pvt. Ltd.
• Regal Beloit Corporation
• WEG Industries (India) Pvt Ltd.
• GE Power India Limited

For any Queries Linked with the Report, Ask an Analyst

@ https://www.maximizemarketresearch.com/market-report/india-electric-motor-market/63069/

Key questions answered in the India Electric Motor Market are:

What is India Electric Motor?
What was the India Electric Motor market size in 2022?
What are the different segments of the India Electric Motor Market?
What growth strategies are the players considering to increase their presence in India Electric Motor?
What are the upcoming industry applications and trends for the India Electric Motor Market?
What are the recent industry trends that can be implemented to generate additional revenue streams for the India Electric Motor Market?
Who are the key players in the India Electric Motor market?
What segments are covered in the India Electric Motor Market?
Who are the leading companies and what are their portfolios in India Electric Motor Market?
Key Offerings:

Past Market Size and Competitive Landscape (2018 to 2021)
Past Pricing and price curve by region (2018 to 2021)
Market Size, Share, Size & Forecast by different segment | 2023−2029
Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by Region
Market Segmentation – A detailed analysis by segment with their sub-segments and Region
Competitive Landscape – Profiles of selected key players by region from a strategic perspective
Competitive landscape – Market Leaders, Market Followers, Regional player
Competitive benchmarking of key players by region
PESTLE Analysis
PORTER’s analysis
Value chain and supply chain analysis
Legal Aspects of Business by Region
Lucrative business opportunities with SWOT analysis
Recommendations
About Maximize Market Research:

Maximize Market Research is one of the fastest-growing market research and business consulting firms serving clients globally. Our revenue impact and focused growth-driven research initiatives make us a proud partner of majority of the Fortune 500 companies. We have a diversified portfolio and serve a variety of industries such as IT & telecom, chemical, food & beverage, aerospace & defense, healthcare and others.

Contact Maximize Market Research:

MAXIMIZE MARKET RESEARCH PVT. LTD.
⮝ 444 West Lake Street, Floor 17,
Chicago, IL, 60606, USA.
✆ +1 800 507 4489
✆ +91 9607365656
🖂 [email protected]
-- END ---
Share Facebook Twitter
Print Friendly and PDF DisclaimerReport Abuse
Contact Email [email protected]
Issued By Aishwarya
Phone  +91 9607365656
Business Address MAXIMIZE MARKET RESEARCH PVT. LTD. 3rd Floor, Navale IT Park Phase 2,
Pune Bangalore Highway, Narhe, Pune, Maharashtra 411041, India.
Country India
Categories Electronics
Tags india electric motor market , india electric motor market share , india electric motor market business
Last Updated September 6, 2023