| Product Code: ETC7542592 | Publication Date: Sep 2024 | Updated Date: Aug 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Vasudha | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
The India elevator motors market import shipments exhibited a robust CAGR from 2020 to 2024. However, there was a notable decline in growth rate between 2023 and 2024. The market expansion trend slowed slightly in the latest period, indicating a potential stabilization phase after significant growth.
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 Elevator Motors Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India Elevator Motors Market Revenues & Volume, 2021 & 2031F |
3.3 India Elevator Motors Market - Industry Life Cycle |
3.4 India Elevator Motors Market - Porter's Five Forces |
3.5 India Elevator Motors Market Revenues & Volume Share, By Category, 2021 & 2031F |
3.6 India Elevator Motors Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.7 India Elevator Motors Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.8 India Elevator Motors Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
4 India Elevator Motors Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Rapid urbanization and infrastructure development in India leading to increased demand for elevators. |
4.2.2 Government initiatives promoting smart cities and sustainable transportation solutions. |
4.2.3 Growing focus on energy-efficient and technologically advanced elevator systems. |
4.2.4 Increase in construction activities across residential, commercial, and industrial sectors. |
4.2.5 Rising disposable income and changing lifestyles driving the demand for high-rise buildings. |
4.3 Market Restraints |
4.3.1 Price volatility of raw materials impacting the production costs of elevator motors. |
4.3.2 Intense competition among market players leading to pricing pressures. |
4.3.3 Regulatory challenges and compliance requirements affecting the market dynamics. |
4.3.4 Impact of economic fluctuations on the construction sector and investment in new projects. |
4.3.5 Supply chain disruptions and logistics challenges affecting the timely delivery of elevator motors. |
5 India Elevator Motors Market Trends |
6 India Elevator Motors Market, By Types |
6.1 India Elevator Motors Market, By Category |
6.1.1 Overview and Analysis |
6.1.2 India Elevator Motors Market Revenues & Volume, By Category, 2021- 2031F |
6.1.3 India Elevator Motors Market Revenues & Volume, By AC Motors, 2021- 2031F |
6.1.4 India Elevator Motors Market Revenues & Volume, By DC Motors, 2021- 2031F |
6.2 India Elevator Motors Market, By Type |
6.2.1 Overview and Analysis |
6.2.2 India Elevator Motors Market Revenues & Volume, By Geared Traction Motors, 2021- 2031F |
6.2.3 India Elevator Motors Market Revenues & Volume, By Gearless Traction Motors, 2021- 2031F |
6.3 India Elevator Motors Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 India Elevator Motors Market Revenues & Volume, By Residential, 2021- 2031F |
6.3.3 India Elevator Motors Market Revenues & Volume, By Commercial, 2021- 2031F |
6.4 India Elevator Motors Market, By Distribution Channel |
6.4.1 Overview and Analysis |
6.4.2 India Elevator Motors Market Revenues & Volume, By Online, 2021- 2031F |
6.4.3 India Elevator Motors Market Revenues & Volume, By Offline, 2021- 2031F |
6.4.4 India Elevator Motors Market Revenues & Volume, By Direct Sales, 2021- 2031F |
6.4.5 India Elevator Motors Market Revenues & Volume, By Indirect Sales, 2021- 2031F |
7 India Elevator Motors Market Import-Export Trade Statistics |
7.1 India Elevator Motors Market Export to Major Countries |
7.2 India Elevator Motors Market Imports from Major Countries |
8 India Elevator Motors Market Key Performance Indicators |
8.1 Energy efficiency ratings of elevator motors. |
8.2 Adoption rate of IoT-enabled elevator motor solutions. |
8.3 Industry certifications and compliance levels for elevator motor manufacturers. |
8.4 Average installation time for elevator motors in new projects. |
8.5 Customer satisfaction scores related to elevator motor performance and reliability. |
9 India Elevator Motors Market - Opportunity Assessment |
9.1 India Elevator Motors Market Opportunity Assessment, By Category, 2021 & 2031F |
9.2 India Elevator Motors Market Opportunity Assessment, By Type, 2021 & 2031F |
9.3 India Elevator Motors Market Opportunity Assessment, By Application, 2021 & 2031F |
9.4 India Elevator Motors Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
10 India Elevator Motors Market - Competitive Landscape |
10.1 India Elevator Motors Market Revenue Share, By Companies, 2024 |
10.2 India Elevator Motors Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |