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India Induction Motor Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2020-2025

Market Overview:

The India induction motor market is currently witnessing strong growth. An induction motor, also known as an asynchronous motor, is a type of AC electric motor that uses the stator winding’s magnetic field to produce an electric current in rotors. Induction motors are usually of two types, namely single-phase and three-phase. The single-phase induction motor is not self-starting, whereas the three-phase induction motors are self-starting and are the most widely used type of induction motors.

The India induction motor market is primarily driven by the rising demand for consumer electronics, such as air conditioners, washing machines, dishwashers and hair dryers.  Furthermore, induction motors offer various advantages, including the ease of operation in different environmental conditions, high starting torque, speed variation, and durability. These favorable characteristics, in turn, are bolstering the growth of the market. Moreover, government initiatives, like “Make in India,” are encouraging manufacturers to adopt automation across various industries and focus on improving the mechanisms of industrial equipment. The Government has also implemented stringent policies to reduce carbon footprints, which have increased the sales of induction motors as they represent a better alternative and consume significantly lesser energy compared to conventional motors. As a result of these factors, the market is expected to exhibit moderate growth during the forecast period (2020-2025).

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each sub-segment of the India induction motor market report, along with forecasts for growth at the region level from 2020-2025. Our report has categorized the market based on region, product type and end use sector.

Breakup by Product Type:

  • Single Phase Induction Motor
  • Three Phase Induction Motor
     

Breakup by End Use Sector:

  • Industrial
  • Commercial
  • Residential
     

Breakup by Region:

  • North India
  • West and Central India
  • South India
  • East India
     

Competitive Landscape:

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

Key Questions Answered in This Report:

  • How has the India induction motor market performed so far and how will it perform in the coming years?
  • What has been the impact of COVID-19 on the India induction motor market?
  • What are the key regional markets?
  • What is the breakup of the market based on the product type?
  • What is the breakup of the market based on the end use sector?
  • What are the various stages in the value chain of the industry?
  • What are the key driving factors and challenges in the industry?
  • What is the structure of the India induction motor market and who are the key players?
  • What is the degree of competition in the industry?

1    Preface
2    Scope and Methodology 

    2.1    Objectives of the Study
    2.2    Stakeholders
    2.3    Data Sources
        2.3.1    Primary Sources
        2.3.2    Secondary Sources
    2.4    Market Estimation
        2.4.1    Bottom-Up Approach
        2.4.2    Top-Down Approach
    2.5    Forecasting Methodology
3    Executive Summary
4    Introduction

    4.1    Overview
    4.2    Key Industry Trends
5    India Induction Motor Market
    5.1    Market Overview
    5.2    Market Performance
    5.3    Impact of COVID-19
    5.4    Market Forecast
6    Market Breakup by Product Type
    6.1    Single Phase Induction Motor
        6.1.1 Market Trends
        6.1.2 Market Forecast
    6.2    Three Phase Induction Motor
        6.2.1 Market Trends
        6.2.2 Market Forecast
7    Market Breakup by End Use Sector
    7.1    Industrial
        7.1.1 Market Trends
        7.1.2 Market Forecast
    7.2    Commercial
        7.2.1 Market Trends
        7.2.2 Market Forecast
    7.3    Residential
        7.3.1 Market Trends
        7.3.2 Market Forecast
8    Market Breakup by Region
    8.1    North India
        8.1.1 Market Trends
        8.1.2 Market Breakup by State
        8.1.3 Market Forecast
    8.2    West and Central India
        8.2.1 Market Trends
        8.2.2 Market Breakup by State
        8.2.3 Market Forecast
    8.3    South India
        8.3.1 Market Trends
        8.3.2 Market Breakup by State
        8.3.3 Market Forecast
    8.4    East India 
        8.4.1 Market Trends
        8.4.2 Market Breakup by State
        8.4.3 Market Forecast
9    SWOT Analysis
    9.1    Overview
    9.2    Strengths
    9.3    Weaknesses
    9.4    Opportunities
    9.5    Threats
10    Value Chain Analysis
11    Porters Five Forces Analysis

    11.1    Overview
    11.2    Bargaining Power of Buyers
    11.3    Bargaining Power of Suppliers
    11.4    Degree of Competition
    11.5    Threat of New Entrants
    11.6    Threat of Substitutes
12    Price Analysis
13    Policy and Regulatory Landscape
14    Competitive Landscape

    14.1    Market Structure
    14.2    Key Players
    14.3    Profiles of Key Players

List of Figures

Figure 1: India: Induction Motor Market: Major Drivers and Challenges
Figure 2: India: Induction Motor Market: Sales Value (in Billion US$), 2014-2019
Figure 3: India: Induction Motor Market Forecast: Sales Value (in Billion US$), 2020-2025
Figure 4: India: Induction Motor Market: Breakup by Product Type (in %), 2019
Figure 5: India: Induction Motor Market: Breakup by End Use Sector (in %), 2019
Figure 6: India: Induction Motor Market: Breakup by Region (in %), 2019
Figure 7: India: Induction Motor (Single Phase Induction Motor) Market: Sales Value (in Million US$), 2014 & 2019
Figure 8: India: Induction Motor (Single Phase Induction Motor) Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 9: India: Induction Motor (Three Phase Induction Motor) Market: Sales Value (in Million US$), 2014 & 2019
Figure 10: India: Induction Motor (Three Phase Induction Motor) Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 11: India: Induction Motor (Industrial) Market: Sales Value (in Million US$), 2014 & 2019
Figure 12: India: Induction Motor (Industrial) Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 13: India: Induction Motor (Commercial) Market: Sales Value (in Million US$), 2014 & 2019
Figure 14: India: Induction Motor (Commercial) Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 15: India: Induction Motor (Residential) Market: Sales Value (in Million US$), 2014 & 2019
Figure 16: India: Induction Motor (Residential) Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 17: North India: Induction Motor Market: Sales Value (in Million US$), 2014 & 2019
Figure 18: North India: Induction Motor Market: Breakup by State (in %), 2019
Figure 19: North India: Induction Motor Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 20: West and Central India: Induction Motor Market: Sales Value (in Million US$), 2014 & 2019
Figure 21: West and Central India: Induction Motor Market: Breakup by State (in %), 2019
Figure 22: West and Central India: Induction Motor Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 23: South India: Induction Motor Market: Sales Value (in Million US$), 2014 & 2019
Figure 24: South India: Induction Motor Market: Breakup by State (in %), 2019
Figure 25: South India: Induction Motor Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 26: East India: Induction Motor Market: Sales Value (in Million US$), 2014 & 2019
Figure 27: East India: Induction Motor Market: Breakup by State (in %), 2019
Figure 28: East India: Induction Motor Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 29: India: Induction Motor Industry: SWOT Analysis
Figure 30: India: Induction Motor Industry: Value Chain Analysis
Figure 31: India: Induction Motor Industry: Porter’s Five Forces Analysis

List of Tables

Table 1: India: Induction Motor Market: Key Industry Highlights, 2019 and 2025
Table 2: India: Induction Motor Market Forecast: Breakup by Product Type (in Million US$), 2020-2025
Table 3: India: Induction Motor Market Forecast: Breakup by End Use Sector (in Million US$), 2020-2025
Table 4: India: Induction Motor Market Forecast: Breakup by Region (in Million US$), 2020-2025
Table 5: India: Induction Motor Market: Competitive Structure
Table 6: India: Induction Motor Market: Key Players

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