India Electric Motor Market Size to Worth USD 8,728.7 Million by 2033 | With a 9.79% CAGR

India Electric Motor Market Overview

Base Year: 2024

Historical Years: 2019-2024

Forecast Years: 2025-2033

Market Growth Rate: 9.79% (2025-2033)

The India electric motor market is growing due to increasing industrial automation, rising demand for energy-efficient motors, and expanding applications in electric vehicles and manufacturing. India electric motor market size reached USD 3,765.4 Million in 2024. Looking forward, IMARC Group expects the market to reach USD 8,728.7 Million by 2033, exhibiting a growth rate (CAGR) of 9.79% during 2025-2033.

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India Electric Motor Industry Trends and Drivers:

The India electric motor market experiences rapid expansion because numerous sectors including automotive, industrial and consumer appliances show rising demand. The market has experienced substantial growth because of electric vehicles (EVs) while government programs have encouraged electric mobility together with lowering carbon footprint. Manufacturers serve their resources to research and develop effective electric motors which provide both efficiency and affordability. The motor technology market now embraces brushless DC motors together with permanent magnet synchronous motors because they demonstrate greater performance and operational efficiency. These changes boost both power conservation while fulfilling the emerging requirements in consumer markets and industrial operations.

Market players encounter two main barriers to success from the price instability of raw materials and market competition from traditional motor technology sectors. The market presents two main opportunities through growing automated industrial operations and expanding work on renewable power systems. Advanced electric motors will experience escalating market demand because industries are implementing smart technologies. The development of smarter electric motor solutions will receive enhanced support through cooperation between technology providers and manufacturers which will extend their applications across different industries. The electric motor market growth in India will advance through integrated government backing with technological innovations and an expanding consumer understanding base.

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India Electric Motor Industry Segmentation:

The report has segmented the market into the following categories:

Motor Type Insights:

● AC Motor
● Induction AC Motor
● Synchronous AC Motor
● DC Motor
● Brushed DC Motor
● Brushless DC Motor
● Others

Voltage Insights:

● Low Voltage Electric Motors
● Medium Voltage Electric Motors
● High Voltage Electric Motors

Rated Power Insights:

● Fractional Horsepower Motors
● Fractional Horsepower (< 1/8) Motors
● Fractional Horsepower (1/8 - 1/2) Motors
● Fractional Horsepower (1/2 - 1) Motors
● Integral Horsepower Motors
● Integral Horsepower (1 - 5) Motors
● Integral Horsepower (10 - 50) Motors
● Integral Horsepower (50 - 100) Motors
● Integral Horsepower (>100) Motors

Magnet Type Insights:

● Ferrite
● Neodymium (NdFeB)
● Samarium Cobalt (SmCo5 and Sm2Co17)

Weight Insights:

● Low Weight Motors
● Medium Weight Motors
● High Weight Motors

Speed Insights:

● Ultra-High-Speed Motors
● High-Speed Motors
● Medium Speed Motors
● Low Speed Motors

Application Insights:

● Industrial Machinery
● HVAC
● Transportation
● Household Appliances
● Motor Vehicles
● Aerospace
● Marine
● Robotics
● Others

Regional Insights:

● North India
● West and Central India
● South India
● East and Northeast India

Competitive Landscape:

The competitive landscape of the industry has also been examined along with the profiles of the key players.

Key highlights of the Report:

● Market Performance (2019-2024)
● Market Outlook (2025-2033)
● COVID-19 Impact on the Market
● Porter's Five Forces Analysis
● Strategic Recommendations
● Historical, Current and Future Market Trends
● Market Drivers and Success Factors
● SWOT Analysis
● Structure of the Market
● Value Chain Analysis
● Comprehensive Mapping of the Competitive Landscape

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Note: If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.

About Us:

IMARC Group is a global management consulting firm that helps the world's most ambitious changemakers to create a lasting impact. The company provide a comprehensive suite of market entry and expansion services. IMARC offerings include thorough market assessment, feasibility studies, company incorporation assistance, factory setup support, regulatory approvals and licensing navigation, branding, marketing and sales strategies, competitive landscape and benchmarking analyses, pricing and cost research, and procurement research.

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This release was published on openPR.