| Product Code: ETC7542016 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Vasudha | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
India`s drive systems import market saw significant contributions from top exporting countries such as Japan, South Korea, China, Germany, and Indonesia in 2024. With a high Herfindahl-Hirschman Index (HHI) indicating market concentration, the sector experienced a strong compound annual growth rate (CAGR) of 19.61% from 2020 to 2024. The growth momentum continued in 2024 with a notable growth rate of 7.2% compared to the previous year, showcasing a robust demand for drive systems in the Indian market.

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 Drive Systems Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India Drive Systems Market Revenues & Volume, 2021 & 2031F |
3.3 India Drive Systems Market - Industry Life Cycle |
3.4 India Drive Systems Market - Porter's Five Forces |
3.5 India Drive Systems Market Revenues & Volume Share, By Operation, 2021 & 2031F |
3.6 India Drive Systems Market Revenues & Volume Share, By Vehicle Type, 2021 & 2031F |
3.7 India Drive Systems Market Revenues & Volume Share, By Type, 2021 & 2031F |
4 India Drive Systems Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing industrial automation and adoption of advanced machinery in India |
4.2.2 Growing demand for energy-efficient drive systems to reduce operational costs |
4.2.3 Government initiatives and investments in infrastructure development and smart manufacturing technologies |
4.3 Market Restraints |
4.3.1 High initial investment costs associated with advanced drive systems |
4.3.2 Lack of skilled workforce for the installation and maintenance of drive systems |
4.3.3 Inconsistent power supply and voltage fluctuations impacting the performance of drive systems |
5 India Drive Systems Market Trends |
6 India Drive Systems Market, By Types |
6.1 India Drive Systems Market, By Operation |
6.1.1 Overview and Analysis |
6.1.2 India Drive Systems Market Revenues & Volume, By Operation, 2021- 2031F |
6.1.3 India Drive Systems Market Revenues & Volume, By Automatic, 2021- 2031F |
6.1.4 India Drive Systems Market Revenues & Volume, By Manual, 2021- 2031F |
6.2 India Drive Systems Market, By Vehicle Type |
6.2.1 Overview and Analysis |
6.2.2 India Drive Systems Market Revenues & Volume, By Passenger Vehicle, 2021- 2031F |
6.2.3 India Drive Systems Market Revenues & Volume, By Commercial Vehicle, 2021- 2031F |
6.3 India Drive Systems Market, By Type |
6.3.1 Overview and Analysis |
6.3.2 India Drive Systems Market Revenues & Volume, By RWD, 2021- 2031F |
6.3.3 India Drive Systems Market Revenues & Volume, By AWD, 2021- 2031F |
6.3.4 India Drive Systems Market Revenues & Volume, By Others, 2021- 2031F |
7 India Drive Systems Market Import-Export Trade Statistics |
7.1 India Drive Systems Market Export to Major Countries |
7.2 India Drive Systems Market Imports from Major Countries |
8 India Drive Systems Market Key Performance Indicators |
8.1 Energy savings achieved through the use of drive systems |
8.2 Number of new industrial automation projects utilizing drive systems |
8.3 Adoption rate of smart manufacturing technologies incorporating drive systems |
8.4 Percentage increase in the efficiency of drive systems |
8.5 Number of training programs conducted for upskilling workforce in drive system installation and maintenance |
9 India Drive Systems Market - Opportunity Assessment |
9.1 India Drive Systems Market Opportunity Assessment, By Operation, 2021 & 2031F |
9.2 India Drive Systems Market Opportunity Assessment, By Vehicle Type, 2021 & 2031F |
9.3 India Drive Systems Market Opportunity Assessment, By Type, 2021 & 2031F |
10 India Drive Systems Market - Competitive Landscape |
10.1 India Drive Systems Market Revenue Share, By Companies, 2024 |
10.2 India Drive Systems Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
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