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    India Electric Motors Market

    ID: MRFR/E&P/46941-HCR
    200 Pages
    Chitranshi Jaiswal
    September 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 Research Report- Forecast to 2035 Infographic
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    India Electric Motors Market Summary

    The India Electric Motors market is projected to grow from 15 USD Billion in 2024 to 36 USD Billion by 2035, reflecting a robust growth trajectory.

    Key Market Trends & Highlights

    India Electric Motors Key Trends and Highlights

    • The market is expected to expand at a compound annual growth rate of 8.28 percent from 2025 to 2035.
    • By 2035, the market valuation is anticipated to reach 36 USD Billion, indicating strong demand for electric motors.
    • In 2024, the market is valued at 15 USD Billion, showcasing a solid foundation for future growth.
    • Growing adoption of electric vehicles due to increased environmental awareness is a major market driver.

    Market Size & Forecast

    2024 Market Size 15 (USD Billion)
    2035 Market Size 36 (USD Billion)
    CAGR (2025-2035) 8.28%

    Major Players

    ABB, Siemens, Schneider Electric, Crompton Greaves Consumer Electricals, Weg Industries, Emerson Electric, Nidec Corporation, LeroySomer, Hitachi, Bharat Heavy Electricals Limited, Toshiba, Regal Beloit, Mitsubishi Electric, GE Electric, Kirloskar Electric

    India Electric Motors Market Trends

    The industry is also being supported by the growing automation of a number of industries, including as textiles and manufacturing, where electric motors are essential. The market landscape is being shaped by the current trend toward technological breakthroughs in electric motor design, with an emphasis on enhanced performance and energy economy.

    In addition, the agricultural industry is becoming more interested in electric motors as a means of promoting modernization and effective operations. Electric motor usage in irrigation systems and machinery is anticipated to increase as a result of the Indian government's efforts to double farmers' earnings and incorporate technology into agriculture.

    Given these developments and the growing demand for efficient and sustainable electric motors across a range of applications in India, manufacturers and suppliers have a great chance to investigate markets in rural areas and less digitalized sectors.

    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 Research Report- Forecast to 2035

    Key Players and Competitive Insights

    The India Electric Motors Market is characterized by a dynamic landscape influenced by the increasing demand for energy-efficient solutions and growing industrial automation. As a key segment of the broader electrical engineering industry, electric motors play a crucial role in various applications ranging from manufacturing and HVAC systems to transportation and renewable energy systems.

    The competitive insights in this market reveal a diverse array of participants, including established global players, regional manufacturers, and emerging companies that work collaboratively to push technological advancements, improve product offerings, and implement sustainable practices.

    Companies in this sector are keenly focusing on innovation and adaptability to cope with rapidly changing market needs and consumer preferences, thereby enhancing their market position and ensuring robust growth.

    ABB has established a formidable presence within the India Electric Motors Market through its commitment to innovation and sustainability. The company provides a comprehensive range of electric motors designed for diverse industrial applications, ensuring high efficiency and reliability.

    ABB’s strengths in this market include its advanced technology, extensive distribution network, and robust customer support, which allow them to cater to both large enterprises and small businesses effectively. Their ability to integrate cutting-edge digital solutions with electric motor systems further enhances operational efficiency for customers.

    Furthermore, ABB leverages its global experience, applying best practices tailored to the Indian market, which fosters trust and loyalty among its client base, allowing it to maintain a competitive edge. Siemens is another prominent player in the India Electric Motors Market, known for its extensive portfolio of innovative electric motors and related technologies.

    The company specializes in various types of motors, including synchronous, asynchronous, and servomotors, catering to a broad range of industrial applications across sectors such as manufacturing, automation, and process control. Siemens has developed a strong market presence by focusing on sustainable practices, digitalization, and enhancing energy efficiency in their product range.

    Their strengths lie in their ability to offer tailored solutions by understanding local market needs and delivering high-performance products backed by exceptional service and support.

    Siemens has also been active in boosting its footprint in India through strategic partnerships and potential mergers and acquisitions, which underscore its commitment to enhancing its operational capabilities and expanding its market share in the electric motors sector.

    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.

    Market Segmentation

    Electric Motors Market Power Output Outlook

    • Integral HP Output
    • Fractional HP Output

    Electric Motors Market Product Type Outlook

    • AC Motors
    • DC Motors
    • Hermetic Motors

    Electric Motors Market Application Type Outlook

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

    Report Scope

    Report Attribute/Metric Source: Details
    MARKET SIZE 2023 14.2(USD Billion)
    MARKET SIZE 2024 15.0(USD Billion)
    MARKET SIZE 2035 36.0(USD Billion)
    COMPOUND ANNUAL GROWTH RATE (CAGR) 8.284% (2025 - 2035)
    REPORT COVERAGE Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
    BASE YEAR 2024
    MARKET FORECAST PERIOD 2025 - 2035
    HISTORICAL DATA 2019 - 2024
    MARKET FORECAST UNITS USD Billion
    KEY COMPANIES PROFILED ABB, Siemens, Schneider Electric, Crompton Greaves Consumer Electricals, Weg Industries, Emerson Electric, Nidec Corporation, LeroySomer, Hitachi, Bharat Heavy Electricals Limited, Toshiba, Regal Beloit, Mitsubishi Electric, GE Electric, Kirloskar Electric
    SEGMENTS COVERED Product Type, Application Type, Power Output
    KEY MARKET OPPORTUNITIES Growing demand in renewable energy, Expansion in electric vehicles, Automation in manufacturing sectors, Government incentives for efficiency, Rise in smart home applications
    KEY MARKET DYNAMICS growing industrial automation, increasing renewable energy adoption, rising demand for energy efficiency, supportive government initiatives, technological advancements in motor design
    COUNTRIES COVERED India

    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.

    Report Infographic
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    Customer Strories

    “I am very pleased with how market segments have been defined in a relevant way for my purposes (such as "Portable Freezers & refrigerators" and "last-mile"). In general the report is well structured. Thanks very much for your efforts.”

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