Product Code: ETC4573765 | Publication Date: Jul 2023 | Updated Date: Feb 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 85 | No. of Figures: 45 | No. of Tables: 25 | |
The India Automotive Traction Motor Market is experiencing growth as electric and hybrid vehicles become more popular. Traction motors are a key component in electric powertrains, and the transition to electric mobility in India is driving the demand for these motors. As the automotive industry embraces electrification and consumers seek eco-friendly alternatives, the traction motor market is poised for significant expansion.
The demand for electric vehicles is significantly impacting the automotive traction motor market. Government incentives, rising environmental awareness, and the need for cleaner and more efficient transportation are driving the growth of electric vehicles, which, in turn, fuels the demand for traction motors.
The automotive traction motor market in India confronts challenges in terms of electric vehicle adoption and technology advancement. Ensuring affordable electric vehicle traction motors that meet the performance expectations of consumers is crucial. The market also needs to overcome challenges related to battery technology and charging infrastructure development. Additionally, the integration of traction motors into existing vehicle platforms and regulatory compliance are ongoing challenges.
COVID-19 disrupted the India Automotive Traction Motor Market as vehicle production and sales decreased. Nevertheless, the shift toward electric and hybrid vehicles in response to environmental concerns and regulatory pressures is expected to drive the traction motor market`s growth as automakers continue to invest in electric propulsion technology.
Key players in the India automotive traction motor market are Mahindra Electric, Tata Motors, Ashok Leyland, and Bharat Forge.
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 Automotive Traction Motor Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India Automotive Traction Motor Market Revenues & Volume, 2021 & 2031F |
3.3 India Automotive Traction Motor Market - Industry Life Cycle |
3.4 India Automotive Traction Motor Market - Porter's Five Forces |
3.5 India Automotive Traction Motor Market Revenues & Volume Share, By Motor Type, 2021 & 2031F |
3.6 India Automotive Traction Motor Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.7 India Automotive Traction Motor Market Revenues & Volume Share, By EV Type, 2021 & 2031F |
4 India Automotive Traction Motor Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 India Automotive Traction Motor Market Trends |
6 India Automotive Traction Motor Market, By Types |
6.1 India Automotive Traction Motor Market, By Motor Type |
6.1.1 Overview and Analysis |
6.1.2 India Automotive Traction Motor Market Revenues & Volume, By Motor Type, 2021-2031F |
6.1.3 India Automotive Traction Motor Market Revenues & Volume, By PMSM, 2021-2031F |
6.1.4 India Automotive Traction Motor Market Revenues & Volume, By AC Induction, 2021-2031F |
6.2 India Automotive Traction Motor Market, By Type |
6.2.1 Overview and Analysis |
6.2.2 India Automotive Traction Motor Market Revenues & Volume, By AC, 2021-2031F |
6.2.3 India Automotive Traction Motor Market Revenues & Volume, By DC, 2021-2031F |
6.3 India Automotive Traction Motor Market, By EV Type |
6.3.1 Overview and Analysis |
6.3.2 India Automotive Traction Motor Market Revenues & Volume, By BEV, 2021-2031F |
6.3.3 India Automotive Traction Motor Market Revenues & Volume, By HEV, 2021-2031F |
6.3.4 India Automotive Traction Motor Market Revenues & Volume, By PHEV, 2021-2031F |
7 India Automotive Traction Motor Market Import-Export Trade Statistics |
7.1 India Automotive Traction Motor Market Export to Major Countries |
7.2 India Automotive Traction Motor Market Imports from Major Countries |
8 India Automotive Traction Motor Market Key Performance Indicators |
9 India Automotive Traction Motor Market - Opportunity Assessment |
9.1 India Automotive Traction Motor Market Opportunity Assessment, By Motor Type, 2021 & 2031F |
9.2 India Automotive Traction Motor Market Opportunity Assessment, By Type, 2021 & 2031F |
9.3 India Automotive Traction Motor Market Opportunity Assessment, By EV Type, 2021 & 2031F |
10 India Automotive Traction Motor Market - Competitive Landscape |
10.1 India Automotive Traction Motor Market Revenue Share, By Companies, 2024 |
10.2 India Automotive Traction Motor Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |