Indian Automotive Motors Market 2022 Driving Factors Forecast Research 2028

The Indian automotive motors market is projected to grow at a double-digit CAGR during the forecast period. Considerable growth in vehicle sales (both cars and two-wheeler), exponential growth in the electric vehicle sales, and high export volume are some of the major factors for the substantial market for the automotive motor market in the country. Moreover, rising disposable income & so rising demand for higher-end models, and increasing the availability of the options of electric vehicles will further provide the growth to the market during the forecast period.

Get Free Sample link @ https://www.omrglobal.com/request-sample/indian-automotive-motors-market

As per the International Organization of Motor Vehicle Manufacturers, India was the fifth largest vehicle manufacturer all across the globe with a production of 4.51 million vehicles (cars and commercial vehicles combined) in 2019. Moreover, the country is the largest two-wheeler market all across the globe. A downfall of 12.2% in vehicle manufacturing was witnessed in 2019 due to lower demand in the domestic as well as international market and a substantial demand was expected in 2020. However, due to COVID-19, a significant drop on YoY basis in vehicle sales and so automotive motor will be witnessed in the country in 2020. Although, in the upcoming year a significant growth is expected in the country.

full report of Indian Automotive Motors Market available @ https://www.omrglobal.com/industry-reports/indian-automotive-motors-market

• Market Coverage
• Market number available for - 2022-2028
• Base year- 2021
• Forecast period- 2022-2028
• Segment Covered- By Source, By Product Type, By Applications
• Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill
• Inc., and others

Market Segmentation
India Automotive Motors Market by Type
o Brushless DC Motor&Stepper Motor
o Brushed DC Motor
o AC Induction Motor
o Others

India Automotive Motors Market by Vehicle Type
o Passenger Vehicles
o Passenger Cars
o Two-Wheeler
o Commercial Vehicles
o Light Commercial Vehicles (LCVs)
o Heavy Commercial Vehicles (HCVs)
o Others (Buses & Coaches)
o Electric Vehicles

India Automotive Motors Market by Distribution Channel
o OEM
o Aftermarket

Company Profiles
o ABB Ltd.
o Continental AG
o Denso Corp.
o Hyundai Mobis Co., Ltd.
o Johnson Electric Holdings Ltd.
o Jumps Auto Industries Ltd.
o Mahle GmbH
o MindaCorp. Ltd.
o Nidec Corp.
o Robert Bosch GmbH
o Siemens AG
o Tata AutoComp Systems Ltd.
o Valeo SA

The Report covers:
• Comprehensive research methodology of India automotive motors market.
• This report also includes a detailed and extensive market overview with key analyst insights.
• An exhaustive analysis of macro and micro factors influencing the market guided by key recommendations.
• Analysis of regional regulations and other government policies impacting India automotive motors market.
• Insights about market determinants which are stimulating the Indian automotive motors market.
• Detailed and extensive market segments with regional distribution of forecast revenues.
• • Extensive profiles and recent developments of the market players.

For More Customized Data, Request for Report Customization @ https://www.omrglobal.com/report-customization/indian-automotive-motors-market

About Orion Market Research
Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services.

Media Contact:
Company Name: Orion Market Research
Contact Person: Mr. Anurag Tiwari
Email: info@omrglobal.com
Contact no: +91 780-304-0404

This release was published on openPR.