India AC Electric Motor Sales in Oil & Gas Market (2025-2031) Outlook | Revenue, Share, Trends, Growth, Size, Forecast, Companies, Analysis, Industry & Value

Market Forecast By Type (Induction & Synchronous), By Voltage (< 1 KV, 1-6.6 kV, > 6.6 kV), By Output Power (HP) (< 1 HP, > 1 HP), By Output Power (kW) (0.12-7.5 kW, 7.5-110 kW, 110-1000 kW, > 1000 kW) And Competitive Landscape
Product Code: ETC4528645 Publication Date: Jul 2023 Product Type: Report
Publisher: 6Wresearch No. of Pages: 85 No. of Figures: 45 No. of Tables: 25

India Ac Electric Motor Sales In Oil & Gas Market Import Shipment Trend (2020-2024)

The India AC electric motor sales in the oil & gas market import shipments exhibited robust growth with a notable CAGR from 2020 to 2024. However, the growth rate experienced a decline between 2023 and 2024. Overall, the market showed a trend of expansion with a slight slowdown in momentum towards the end of the period.

Graph Showing India ac electric motor sales in oil & gas market Shipment Trend & Volume from 2020-2024

India AC Electric Motor Sales in Oil Gas Market Overview

The oil and gas industry in India relies heavily on AC electric motors for various applications, from drilling to refining. The market is closely tied to the performance and growth of the oil and gas sector, and demand for efficient and durable motors remains consistent.

Drivers of the Market

The demand for AC electric motors in the India oil and gas sector is largely influenced by the growth of the oil and gas industry. As this industry expands to meet rising energy demands, the need for efficient motor systems to power pumps, compressors, and other equipment becomes essential. Energy efficiency, reliability, and the ability to withstand harsh operating conditions are key drivers, along with increased exploration activities and infrastructure development.

Challenges of the Market

The India market for AC electric motors in the oil and gas industry confronts multiple challenges. One of the primary concerns is the cyclical nature of the oil and gas sector, leading to fluctuations in demand for electric motors. This volatility can make long-term planning and investment decisions challenging for manufacturers and suppliers. Additionally, the sector is increasingly focusing on sustainability and energy efficiency, which requires motors to meet stringent performance standards, adding pressure on manufacturers to innovate and adapt quickly. Environmental regulations and concerns about emissions and safety in the oil and gas sector also drive the need for motors with specific features and certifications, increasing compliance and testing requirements. Moreover, competition from global players and the need for high-quality, reliable motors at competitive prices further intensify market pressures.

COVID-19 Impact on the Market

The COVID-19 pandemic significantly impacted the oil and gas sector, leading to reduced exploration and production activities. Consequently, the market for AC electric motors used in this industry faced a decline in demand. Oil prices and global economic conditions have a direct impact on this market, and recovery depends on stabilization in the energy sector, higher oil prices, and increased investments in oil and gas infrastructure.

Key Players in the Market

Notable entities in the AC Electric Motor Sales specific to the Oil & Gas sector in India comprise Kirloskar Electric, Bharat Bijlee, Siemens, and Crompton Greaves.

Key Highlights of the Report:

  • India AC Electric Motor Sales in Oil & Gas Market Outlook
  • Market Size of India AC Electric Motor Sales in Oil & Gas Market, 2024
  • Forecast of India AC Electric Motor Sales in Oil & Gas Market, 2031
  • Historical Data and Forecast of India AC Electric Motor Sales in Oil & Gas Revenues & Volume for the Period 2021-2031
  • India AC Electric Motor Sales in Oil & Gas Market Trend Evolution
  • India AC Electric Motor Sales in Oil & Gas Market Drivers and Challenges
  • India AC Electric Motor Sales in Oil & Gas Price Trends
  • India AC Electric Motor Sales in Oil & Gas Porter's Five Forces
  • India AC Electric Motor Sales in Oil & Gas Industry Life Cycle
  • Historical Data and Forecast of India AC Electric Motor Sales in Oil & Gas Market Revenues & Volume By Type for the Period 2021-2031
  • Historical Data and Forecast of India AC Electric Motor Sales in Oil & Gas Market Revenues & Volume By Induction & Synchronous for the Period 2021-2031
  • Historical Data and Forecast of India AC Electric Motor Sales in Oil & Gas Market Revenues & Volume By Voltage for the Period 2021-2031
  • Historical Data and Forecast of India AC Electric Motor Sales in Oil & Gas Market Revenues & Volume By < 1 KV for the Period 2021-2031
  • Historical Data and Forecast of India AC Electric Motor Sales in Oil & Gas Market Revenues & Volume By 1-6.6 kV for the Period 2021-2031
  • Historical Data and Forecast of India AC Electric Motor Sales in Oil & Gas Market Revenues & Volume By > 6.6 kV for the Period 2021-2031
  • Historical Data and Forecast of India AC Electric Motor Sales in Oil & Gas Market Revenues & Volume By Output Power (HP) for the Period 2021-2031
  • Historical Data and Forecast of India AC Electric Motor Sales in Oil & Gas Market Revenues & Volume By < 1 HP for the Period 2021-2031
  • Historical Data and Forecast of India AC Electric Motor Sales in Oil & Gas Market Revenues & Volume By > 1 HP for the Period 2021-2031
  • Historical Data and Forecast of India AC Electric Motor Sales in Oil & Gas Market Revenues & Volume By Output Power (kW) for the Period 2021-2031
  • Historical Data and Forecast of India AC Electric Motor Sales in Oil & Gas Market Revenues & Volume By 0.12-7.5 kW for the Period 2021-2031
  • Historical Data and Forecast of India AC Electric Motor Sales in Oil & Gas Market Revenues & Volume By 7.5-110 kW for the Period 2021-2031
  • Historical Data and Forecast of India AC Electric Motor Sales in Oil & Gas Market Revenues & Volume By 110-1000 kW for the Period 2021-2031
  • Historical Data and Forecast of India AC Electric Motor Sales in Oil & Gas Market Revenues & Volume By > 1000 kW for the Period 2021-2031
  • India AC Electric Motor Sales in Oil & Gas Import Export Trade Statistics
  • Market Opportunity Assessment By Type
  • Market Opportunity Assessment By Voltage
  • Market Opportunity Assessment By Output Power (HP)
  • Market Opportunity Assessment By Output Power (kW)
  • India AC Electric Motor Sales in Oil & Gas Top Companies Market Share
  • India AC Electric Motor Sales in Oil & Gas Competitive Benchmarking By Technical and Operational Parameters
  • India AC Electric Motor Sales in Oil & Gas Company Profiles
  • India AC Electric Motor Sales in Oil & Gas Key Strategic Recommendations

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1 Executive Summary

2 Introduction

2.1 Key Highlights of the Report

2.2 Report Description

2.3 Market Scope & Segmentation

2.4 Research Methodology

2.5 Assumptions

3 India AC Electric Motor Sales in Oil & Gas Market Overview

3.1 India Country Macro Economic Indicators

3.2 India AC Electric Motor Sales in Oil & Gas Market Revenues & Volume, 2021 & 2031F

3.3 India AC Electric Motor Sales in Oil & Gas Market - Industry Life Cycle

3.4 India AC Electric Motor Sales in Oil & Gas Market - Porter's Five Forces

3.5 India AC Electric Motor Sales in Oil & Gas Market Revenues & Volume Share, By Type, 2021 & 2031F

3.6 India AC Electric Motor Sales in Oil & Gas Market Revenues & Volume Share, By Voltage, 2021 & 2031F

3.7 India AC Electric Motor Sales in Oil & Gas Market Revenues & Volume Share, By Output Power (HP), 2021 & 2031F

3.8 India AC Electric Motor Sales in Oil & Gas Market Revenues & Volume Share, By Output Power (kW), 2021 & 2031F

4 India AC Electric Motor Sales in Oil & Gas Market Dynamics

4.1 Impact Analysis

4.2 Market Drivers

4.2.1 Increasing demand for oil gas exploration activities in India

4.2.2 Government initiatives promoting the use of electric motors in the oil gas sector

4.2.3 Technological advancements leading to the development of efficient AC electric motors

4.3 Market Restraints

4.3.1 Fluctuating oil prices impacting investment in oil gas projects

4.3.2 Competition from other forms of energy sources in the market

5 India AC Electric Motor Sales in Oil & Gas Market Trends

6 India AC Electric Motor Sales in Oil & Gas Market, By Types

6.1 India AC Electric Motor Sales in Oil & Gas Market, By Type

6.1.1 Overview and Analysis

6.1.2 India AC Electric Motor Sales in Oil & Gas Market Revenues & Volume, By Type, 2021-2031F

6.1.3 India AC Electric Motor Sales in Oil & Gas Market Revenues & Volume, By Induction & Synchronous, 2021-2031F

6.2 India AC Electric Motor Sales in Oil & Gas Market, By Voltage

6.2.1 Overview and Analysis

6.2.2 India AC Electric Motor Sales in Oil & Gas Market Revenues & Volume, By < 1 KV, 2021-2031F

6.2.3 India AC Electric Motor Sales in Oil & Gas Market Revenues & Volume, By 1-6.6 kV, 2021-2031F

6.2.4 India AC Electric Motor Sales in Oil & Gas Market Revenues & Volume, By > 6.6 kV, 2021-2031F

6.3 India AC Electric Motor Sales in Oil & Gas Market, By Output Power (HP)

6.3.1 Overview and Analysis

6.3.2 India AC Electric Motor Sales in Oil & Gas Market Revenues & Volume, By < 1 HP, 2021-2031F

6.3.3 India AC Electric Motor Sales in Oil & Gas Market Revenues & Volume, By > 1 HP, 2021-2031F

6.4 India AC Electric Motor Sales in Oil & Gas Market, By Output Power (kW)

6.4.1 Overview and Analysis

6.4.2 India AC Electric Motor Sales in Oil & Gas Market Revenues & Volume, By 0.12-7.5 kW, 2021-2031F

6.4.3 India AC Electric Motor Sales in Oil & Gas Market Revenues & Volume, By 7.5-110 kW, 2021-2031F

6.4.4 India AC Electric Motor Sales in Oil & Gas Market Revenues & Volume, By 110-1000 kW, 2021-2031F

6.4.5 India AC Electric Motor Sales in Oil & Gas Market Revenues & Volume, By > 1000 kW, 2021-2031F

7 India AC Electric Motor Sales in Oil & Gas Market Import-Export Trade Statistics

7.1 India AC Electric Motor Sales in Oil & Gas Market Export to Major Countries

7.2 India AC Electric Motor Sales in Oil & Gas Market Imports from Major Countries

8 India AC Electric Motor Sales in Oil & Gas Market Key Performance Indicators

8.1 Energy efficiency of AC electric motors used in oil gas applications

8.2 Adoption rate of AC electric motors in new oil gas projects

8.3 Maintenance costs of AC electric motors in oil gas operations

9 India AC Electric Motor Sales in Oil & Gas Market - Opportunity Assessment

9.1 India AC Electric Motor Sales in Oil & Gas Market Opportunity Assessment, By Type, 2021 & 2031F

9.2 India AC Electric Motor Sales in Oil & Gas Market Opportunity Assessment, By Voltage, 2021 & 2031F

9.3 India AC Electric Motor Sales in Oil & Gas Market Opportunity Assessment, By Output Power (HP), 2021 & 2031F

9.4 India AC Electric Motor Sales in Oil & Gas Market Opportunity Assessment, By Output Power (kW), 2021 & 2031F

10 India AC Electric Motor Sales in Oil & Gas Market - Competitive Landscape

10.1 India AC Electric Motor Sales in Oil & Gas Market Revenue Share, By Companies, 2024

10.2 India AC Electric Motor Sales in Oil & Gas Market Competitive Benchmarking, By Operating and Technical Parameters

11 Company Profiles

12 Recommendations

13 Disclaimer

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