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    India Electric Motors Market

    ID: MRFR/E&P/46941-HCR
    200 Pages
    Chitranshi Jaiswal
    October 2025

    India Electric Motors Market Research Report By Product Type (AC Motors, DC Motors, Hermetic Motors), By Application Type (Aerospace & Transportation, Industrial Machinery, Motor Vehicles, HVAC Equipment, Household Appliances, Others), and By Power Output (Integral HP Output, Fractional HP Output)- Forecast to 2035

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    India Electric Motors Market Infographic
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    India Electric Motors Market Summary

    As per MRFR analysis, the India electric motors market size was estimated at 15.0 USD Billion in 2024. The India electric motors market is projected to grow from 15.92 USD Billion in 2025 to 28.8 USD Billion by 2035, exhibiting a compound annual growth rate (CAGR) of 6.11% during the forecast period 2025 - 2035.

    Key Market Trends & Highlights

    The India electric motors market is experiencing robust growth driven by technological advancements and sustainability initiatives.

    • The market is witnessing increased adoption of energy-efficient motors across various industries.
    • Integration of smart technologies is becoming prevalent, enhancing operational efficiency and monitoring.
    • The focus on sustainable practices is reshaping motor design and manufacturing processes.
    • Rising demand for automation and government initiatives are key drivers propelling market expansion.

    Market Size & Forecast

    2024 Market Size 15.0 (USD Billion)
    2035 Market Size 28.8 (USD Billion)

    Major Players

    Siemens (DE), General Electric (US), ABB (CH), Schneider Electric (FR), Nidec Corporation (JP), Mitsubishi Electric (JP), Emerson Electric (US), Rockwell Automation (US), Regal Rexnord (US)

    India Electric Motors Market Trends

    The electric motors market is currently experiencing a transformative phase. This transformation is driven by advancements in technology and increasing demand across various sectors. The rise of automation and the push for energy efficiency are pivotal factors influencing this market. Industries such as manufacturing, automotive, and renewable energy are increasingly adopting electric motors to enhance operational efficiency and reduce carbon footprints. Furthermore, government initiatives aimed at promoting electric mobility and sustainable practices are likely to bolster market growth. As a result, manufacturers are focusing on innovation, developing high-performance motors that cater to diverse applications. In addition, The electric motors market is witnessing a shift towards smart technologies. The integration of IoT and AI in motor systems enhances monitoring and control capabilities, leading to improved performance and reliability. This trend is particularly relevant in sectors where precision and efficiency are paramount. Additionally, the growing emphasis on reducing greenhouse gas emissions prompts industries to transition from traditional motors to more sustainable alternatives. Overall, the electric motors market appears poised for substantial growth, driven by technological advancements and a commitment to sustainability.

    Increased Adoption of Energy-Efficient Motors

    The electric motors market is seeing a notable shift towards energy-efficient solutions. Industries are increasingly recognizing the importance of reducing energy consumption and operational costs. This trend is likely to be reinforced by government regulations promoting energy efficiency standards, encouraging manufacturers to innovate and produce motors that consume less energy while maintaining performance.

    Integration of Smart Technologies

    The incorporation of smart technologies into electric motors is becoming more prevalent. The use of IoT and AI allows for enhanced monitoring, predictive maintenance, and improved operational efficiency. This trend is particularly significant in sectors that require high precision and reliability, as it enables real-time data analysis and optimization of motor performance.

    Focus on Sustainable Practices

    Sustainability is emerging as a critical driver in the electric motors market. With increasing awareness of environmental issues, industries are shifting towards greener alternatives. This includes the development of motors that utilize eco-friendly materials and technologies, aligning with global efforts to reduce carbon emissions and promote sustainable industrial practices.

    India Electric Motors Market Drivers

    Rising Demand for Automation

    The electric motors market in India experiences a notable surge in demand due to the increasing adoption of automation across various industries. Sectors such as manufacturing, automotive, and textiles are integrating automated processes to enhance efficiency and productivity. This trend is likely to drive the need for electric motors, which are essential components in automated systems. According to recent data, the automation market in India is projected to grow at a CAGR of approximately 10% over the next five years, further propelling the electric motors market. As industries seek to optimize operations, the reliance on electric motors is expected to intensify, thereby contributing to the overall growth of the electric motors market in India.

    Growth in Renewable Energy Sector

    The electric motors market in India is significantly influenced by the expansion of the renewable energy sector. As the country aims to achieve 175 GW of renewable energy capacity by 2022, the demand for electric motors in applications such as wind and solar energy generation is on the rise. Electric motors are integral to the operation of various renewable energy systems, including solar pumps and wind turbines. The increasing focus on clean energy solutions is likely to drive investments in electric motors, thereby enhancing market growth. Furthermore, the renewable energy sector's growth is expected to contribute to a more sustainable electric motors market in India, aligning with global trends towards greener technologies.

    Government Initiatives and Policies

    The Indian government plays a pivotal role in shaping the electric motors market through various initiatives and policies aimed at promoting energy efficiency and sustainability. Programs such as the Perform, Achieve and Trade (PAT) scheme encourage industries to adopt energy-efficient technologies, including electric motors. Additionally, the Make in India initiative aims to boost domestic manufacturing, which is likely to enhance the production and availability of electric motors. With the government's commitment to reducing carbon emissions by 33-35% by 2030, the electric motors market is poised for growth as industries align with these objectives. The support from the government is expected to create a conducive environment for the electric motors market in India.

    Expansion of Electric Vehicle Market

    The electric motors market in India is poised for growth due to the rapid expansion of the electric vehicle (EV) market. With the government's push for electric mobility and the target of having 30% of vehicles on the road being electric by 2030, the demand for electric motors is likely to increase significantly. Electric motors are crucial components in EVs, and as more manufacturers enter the market, the need for high-performance electric motors will escalate. The Indian EV market is projected to grow at a CAGR of around 36% over the next five years, indicating a robust opportunity for the electric motors market. This expansion not only supports the automotive sector but also contributes to the overall sustainability goals of the country.

    Technological Advancements in Motor Design

    Technological advancements in motor design are transforming the electric motors market in India. Innovations such as the development of brushless DC motors and permanent magnet motors are enhancing efficiency and performance. These advancements not only improve energy consumption but also reduce maintenance costs, making electric motors more appealing to industries. The introduction of smart motors, which can be integrated with IoT technologies, is also gaining traction. This trend indicates a shift towards more intelligent and efficient motor solutions, which could potentially reshape the electric motors market landscape. As industries increasingly prioritize performance and reliability, the demand for advanced motor technologies is expected to rise, further driving the electric motors market in India.

    Market Segment Insights

    India Electric Motors Market Segment Insights

    India Electric Motors Market Segment Insights

    Electric Motors Market Product Type Insights

    Electric Motors Market Product Type Insights

    The India Electric Motors Market is a robust segment within the larger industry, experiencing significant growth primarily driven by advancements in technology and increasing demand across various sectors. The Product Type segmentation of the electric motors market includes AC Motors, DC Motors, and Hermetic Motors, each playing a critical role in the fast-developing economy of India.

    AC Motors, long favored in industrial applications, dominate the market due to their efficiency, reliability, and lower operational costs. Their versatility makes them suitable for a range of applications, from HVAC systems to conveyor belts.

    Conversely, DC Motors are gaining traction in applications requiring high torque and precise speed control, such as electric vehicles and robotics. This growing interest reflects a shift in focus towards automation and modern technology solutions in India.

    Additionally, Hermetic Motors is noteworthy for its application in refrigeration and air conditioning systems, typically found in industries where safety and durability are paramount. This segment is particularly important as the demand for energy-efficient solutions rises, aligning with India's goals for energy conservation and sustainable development.

    Electric Motors Market Application Type Insights

    Electric Motors Market Application Type Insights

    The India Electric Motors Market experiences diverse applications across various sectors, highlighting its critical role in driving industrial and consumer efficiency. The Aerospace and Transportation segment significantly benefits from electric motors due to their ability to enhance fuel efficiency and reduce emissions, aligning with India's push for sustainable transport solutions.

    Industrial Machinery incorporates electric motors extensively, facilitating automation and improving operational productivity, a vital component as India seeks to bolster its manufacturing sector. In the Motor Vehicles segment, the increasing shift towards electric vehicles supports the growing demand for electric motors, emphasizing their importance in achieving India’s environmental goals.

    HVAC Equipment relies on electric motors for optimal energy consumption and climate control in commercial and residential spaces, which is increasingly important amid rising energy concerns. Household Appliances are another key application where electric motors improve functionality and energy efficiency, catering to the evolving lifestyle of Indian consumers.

    Lastly, other applications continue to emerge as innovations in electric motor technology evolve, showcasing a dynamic landscape in the India Electric Motors Market, characterized by rapid growth and numerous opportunities for expansion across various industries.

    Electric Motors Market Power Output Insights

    Electric Motors Market Power Output Insights

    The Power Output segment of the India Electric Motors Market has been crucial in shaping the industry due to its significant impact on performance and efficiency. The segment is broadly classified into Integral HP Output and Fractional HP Output, each catering to distinct applications in various industrial and commercial sectors.

    Integral HP Output typically powers larger machinery and equipment that require high performance and reliability, playing a vital role in industries such as manufacturing, HVAC, and water treatment. On the other hand, Fractional HP Output motors are essential for smaller applications, including household appliances, office equipment, and small machinery, making them highly prevalent in daily life.

    The rising demand for energy-efficient solutions and automation in numerous sectors further drives the growth of both Integral and Fractional HP Output electric motors. Additionally, advancements in technology are paving the way for innovations in efficiency and performance, highlighting the importance of power output specifications in influencing purchasing decisions.

    The expanding manufacturing landscape in India, coupled with increasing urbanization, is set to enhance the relevance of this segment, contributing to overall market growth in the coming years.

    Get more detailed insights about India Electric Motors Market

    Key Players and Competitive Insights

    The electric motors market in India is characterized by a dynamic competitive landscape, driven by increasing demand for energy-efficient solutions and advancements in automation technologies. Major players such as Siemens (DE), General Electric (US), and ABB (CH) are strategically positioned to leverage these trends. Siemens (DE) focuses on innovation and digital transformation, emphasizing smart motor solutions that integrate IoT capabilities. General Electric (US) has adopted a strategy of regional expansion, enhancing its manufacturing footprint to cater to local demands. ABB (CH) is heavily investing in sustainability initiatives, aiming to reduce carbon footprints through its energy-efficient motor technologies. Collectively, these strategies not only enhance their market presence but also foster a competitive environment that prioritizes technological advancement and sustainability.

    Key business tactics within the market include localizing manufacturing and optimizing supply chains to enhance operational efficiency. The competitive structure appears moderately fragmented, with several key players influencing market dynamics. Localized production enables companies to respond swiftly to regional demands, while supply chain optimization ensures cost-effectiveness and reliability. This collective influence of major players shapes a landscape where innovation and operational excellence are paramount.

    In September 2025, Siemens (DE) announced the launch of its new range of smart electric motors designed for industrial applications. This strategic move underscores Siemens' commitment to integrating advanced digital technologies into its product offerings, thereby enhancing operational efficiency for its customers. The introduction of these smart motors is likely to position Siemens favorably in a market increasingly focused on automation and energy efficiency.

    In August 2025, General Electric (US) expanded its manufacturing capabilities in India by investing $50 million in a new facility dedicated to electric motor production. This expansion not only signifies GE's commitment to the Indian market but also reflects a broader trend of companies localizing production to meet growing domestic demand. Such investments are expected to bolster GE's competitive edge by reducing lead times and enhancing customer service.

    In October 2025, ABB (CH) launched a new initiative aimed at promoting sustainable practices in electric motor manufacturing. This initiative includes partnerships with local suppliers to ensure that materials used in production are sourced sustainably. By prioritizing sustainability, ABB is likely to enhance its brand reputation and appeal to environmentally conscious consumers, thereby differentiating itself in a competitive market.

    As of November 2025, current trends in the electric motors market are increasingly defined by digitalization, sustainability, and the integration of artificial intelligence. Strategic alliances among key players are shaping the competitive landscape, fostering innovation and collaborative solutions. The shift from price-based competition to a focus on technological advancement and supply chain reliability is evident. Companies that prioritize innovation and sustainability are likely to emerge as leaders in this evolving market, as they adapt to the changing demands of consumers and regulatory frameworks.

    Key Companies in the India Electric Motors Market market include

    Industry Developments

    The India Electric Motors Market has been experiencing significant developments recently. In September 2023, the government announced incentives for electric vehicle infrastructure, which is anticipated to drive growth in electric motors, with key players like ABB and Siemens poised to benefit. Schneider Electric has also ramped up investments in sustainable technologies.

    Furthermore, Crompton Greaves Consumer Electricals launched a new range of energy-efficient motors focused on minimizing environmental impact in August 2023, catering to green initiatives. Notably, in June 2023, Mitsubishi Electric acquired certain assets of a local motor manufacturer, indicating a strategic move to bolster its presence in India.

    Growth in market valuations has been observed as companies such as Bharat Heavy Electricals Limited and GE Electric reported increased demand for energy-efficient solutions, positively impacting their stock performance. Recent government policies aimed at reducing carbon emissions by promoting electric motors have further created an opportune environment for expansion.

    Over the past two years, major advancements in automation and smart technologies have also heightened competition in the sector, compelling companies like Hitachi and Kirloskar Electric to innovate continuously and enhance their product offerings.

    Future Outlook

    India Electric Motors Market Future Outlook

    The electric motors market in India is projected to grow at a 6.11% CAGR from 2024 to 2035, driven by industrial automation, renewable energy adoption, and electric vehicle demand.

    New opportunities lie in:

    • Development of energy-efficient motor technologies for industrial applications.
    • Expansion into electric vehicle motor manufacturing and supply chains.
    • Implementation of predictive maintenance solutions for motor performance optimization.

    By 2035, the electric motors market is expected to achieve substantial growth and innovation.

    Market Segmentation

    India Electric Motors Market Type Outlook

    • AC Motors
    • DC Motors
    • Hermetic Motors

    India Electric Motors Market Application Outlook

    • Aerospace & Transportation
    • Industrial Machinery
    • Motor Vehicles
    • HVAC Equipment
    • Household Appliances
    • Others

    India Electric Motors Market Power Output Outlook

    • Integral HP Output
    • Fractional HP Output

    Report Scope

    MARKET SIZE 202415.0(USD Billion)
    MARKET SIZE 202515.92(USD Billion)
    MARKET SIZE 203528.8(USD Billion)
    COMPOUND ANNUAL GROWTH RATE (CAGR)6.11% (2024 - 2035)
    REPORT COVERAGERevenue Forecast, Competitive Landscape, Growth Factors, and Trends
    BASE YEAR2024
    Market Forecast Period2025 - 2035
    Historical Data2019 - 2024
    Market Forecast UnitsUSD Billion
    Key Companies Profiled["Siemens (DE)", "General Electric (US)", "ABB (CH)", "Schneider Electric (FR)", "Nidec Corporation (JP)", "Mitsubishi Electric (JP)", "Emerson Electric (US)", "Rockwell Automation (US)", "Regal Rexnord (US)"]
    Segments CoveredType, Application, Power Output
    Key Market OpportunitiesGrowing demand for energy-efficient electric motors driven by regulatory changes and sustainability initiatives.
    Key Market DynamicsRising demand for energy-efficient electric motors driven by regulatory standards and sustainability initiatives in India.
    Countries CoveredIndia

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    FAQs

    What is the projected market size of the India Electric Motors Market by 2035?

    The India Electric Motors Market is projected to reach a value of 36.0 USD Billion by 2035.

    What was the market size of the India Electric Motors Market in 2024?

    In 2024, the India Electric Motors Market was valued at 15.0 USD Billion.

    What is the expected CAGR for the India Electric Motors Market between 2025 and 2035?

    The expected CAGR for the India Electric Motors Market from 2025 to 2035 is 8.284 percent.

    Which product segment is expected to dominate the India Electric Motors Market?

    The AC Motors segment is expected to dominate, with a value of 14.4 USD Billion by 2035.

    What is the market value of DC Motors in the India Electric Motors Market in 2024?

    The market value of DC Motors in 2024 is estimated at 4.5 USD Billion.

    Who are the key players in the India Electric Motors Market?

    Major players in the India Electric Motors Market include ABB, Siemens, Schneider Electric, and Crompton Greaves Consumer Electricals.

    What is the forecasted market size for Hermetic Motors by 2035?

    Hermetic Motors are anticipated to reach a market value of 10.8 USD Billion by 2035.

    What are the growth drivers for the India Electric Motors Market?

    Key growth drivers include increasing industrial automation and demand for energy-efficient solutions.

    What is the expected market growth rate for AC Motors from 2025 to 2035?

    The expected growth rate for AC Motors during this period will significantly contribute to the overall market expansion.

    How is the India Electric Motors Market impacted by current global trends?

    Current global trends may influence market dynamics through supply chain adjustments and technological advancements.

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