Market Forecast By Type (Single Phase, Three Phase), By Application (Residential, Industrial, Commercial, Transportation, Others) And Competitive Landscape
| Product Code: ETC265044 | Publication Date: Aug 2023 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
The India induction motor market import shipment experienced a negative CAGR from 2020 to 2024. Although the growth rate improved slightly between 2023 and 2024, the overall trend indicates a slowdown in the market expansion, with the momentum remaining subdued.

According to 6Wresearch internal database and industry insights, the India Induction Motor Market is growing at a compound annual growth rate (CAGR) of 7.8% during the forecast period (2025–2031).
| Report Name | India Induction Motor Market |
| Forecast period | 2025-2031 |
| CAGR | 7.8% |
| Growing Sector | Industrial |
Below mentioned are the evaluation of year-wise growth rate along with key drivers:
| Year | Est. Annual Growth | Growth Drivers |
| 2020 | 0.04 | Rising industrialisation & basic motor demand |
| 2021 | 0.045 | Infrastructure development pushes motor installations |
| 2022 | 0.052 | Energy efficiency norms adopted in motor industry |
| 2023 | 0.06 | Automation & smart manufacturing increase motor usage |
| 2024 | 0.065 | Domestic manufacturing capacity & government support expand |
India Induction Motor Market report thoroughly covers the market by type, end-use industry and region. The market report provides an unbiased and detailed analysis of ongoing market trends, opportunities/high growth areas, and market drivers, which would help stakeholders devise and align their market strategies according to the current and future market dynamics.
The India Induction Motor Market is expected to have robust growth. The market is attributed by increasing demand from industrial, commercial and residential sectors due to rising electrification, automation and energy efficiency requirements. Government policies favouring domestic manufacturing under programmes like Make in India and infrastructure development strengthen this growth. Also, growing consumer electronics, HVAC systems and motor-based applications are further driving demand for induction motors in India.
Below mentioned some growth drivers and their impact on market dynamics:
| Drivers | Primary Segments Affected | Why It Matters |
| Energy Efficiency & Automation | Industrial, Commercial | Enables lower power consumption and higher system performance. |
| Infrastructure & Manufacturing Surge | Industrial, Residential | Supports large scale deployment of motors across sectors. |
| Government Support & Domestic Manufacturing | All types & end uses | Reduces imports and improves local capacity and supply chain. |
| Advanced Motor Technologies | Industrial, Commercial, Residential | Facilitates demand for high performance, smart motors. |
The India Induction Motor Market is projected to grow significantly, with a CAGR of around 7.8% during the forecast period of 2025–2031. The induction motor market in India is experiencing growth as a result of the increasing electrification in both industrial and residential sectors, the rise in automation and the need for energy-efficient solutions. Moreover, smart motors, stricter efficiency standards and the development of infrastructure are among the factors that are encouraging the growth of the market, which in turn is increasing the productivity of industries and the energy savings of households, as well as the capability of local manufacturing.
Below mentioned are some major restraints and their influence on market dynamics:
| Restraints | Primary Segments Affected | What This Means |
| Import Dependency & Global Supply | All segments | Reliance on foreign components increases cost and vulnerability. |
| High Up front Cost of Advanced Motors | Commercial, Residential | Slows adoption of premium efficient motors in price sensitive markets. |
| Fragmented Local Manufacturing Ecosystem | Industrial, Commercial | Hinders scale up and consistent quality across producers. |
| Technology Substitution Risk | Industrial, Commercial | Emerging alternatives (e.g., direct drive, permanent magnet motors) may reduce standard induction motor demand. |
In the India Induction Motor Market, dependence on imported components and foreign technology presents a key challenge, increasing cost pressures and limiting localisation. Furthermore, high initial investment required for premium efficiency and smart motor solutions slows uptake in smaller end users. Also, fragmented manufacturing and quality standards across local players hinder consistent supply and competitiveness. Increasing substitution by alternative motor technologies or drives poses a long-term threat to the standard induction motor segment.
Some major trends contributing to the development of the India Induction Motor Market growth are:
Here are some investment opportunities in the India Induction Motor Industry:
Here are some top companies contributing to India Induction Motor Market Share:
| Company Name | ABB India |
|---|---|
| Headquarters | Bengaluru, Karnataka, India |
| Established Year | 1949 |
| Official Website | Click Here |
ABB India is a leading provider of energy-efficient and high-performance induction motors for industrial, commercial, and residential applications. The company also offers automation and digital solutions that enhance productivity, sustainability, and energy optimization across diverse sectors in India.
| Company Name | Siemens India |
|---|---|
| Headquarters | Mumbai, Maharashtra, India |
| Established Year | 1951 |
| Official Website | Click Here |
Siemens India offers a comprehensive range of induction motors and electrical systems designed for energy efficiency and smart industrial automation. With a strong focus on innovation, digitalization, and reliable performance, Siemens serves industrial, commercial, and residential markets across the country.
| Company Name | L&T Electrical & Automation |
|---|---|
| Headquarters | Vadodara, Gujarat, India |
| Established Year | 1932 |
| Official Website | Click Here |
L&T Electrical & Automation (E&A) provides a wide range of induction motors and automation solutions for industrial and commercial applications. Known for reliability, performance, and technological innovation, L&T E&A plays a vital role in driving India’s industrial modernization and infrastructure growth.
| Company Name | Bharat Heavy Electricals Limited (BHEL) |
|---|---|
| Headquarters | New Delhi, India |
| Established Year | 1964 |
| Official Website | Click Here |
Bharat Heavy Electricals Limited (BHEL) is one of India’s largest manufacturers of induction motors, generators, and electrical equipment. The company focuses on efficiency, high-quality standards, and sustainability, supporting industrial operations and power generation across the nation.
| Company Name | Crompton Greaves Consumer Electricals Ltd. |
|---|---|
| Headquarters | Mumbai, Maharashtra, India |
| Established Year | 1937 |
| Official Website | Click Here |
Crompton Greaves Consumer Electricals Ltd. produces a broad range of induction motors for residential, commercial, and industrial uses. Renowned for durability, energy efficiency, and technological innovation, the company remains a trusted name in India’s electrical and motor manufacturing sector.
According to Indian government data, initiatives like Make in India and national energy efficiency standards established by the Bureau of Energy Efficiency (BEE) mandate the implementation of high-efficiency motors and domestic production. Initiatives such as the Smart Cities Mission and rooftop solar programs stimulate demand for HVAC systems and renewable energy installations. Import tariffs and localization incentives additionally bolster domestic automotive manufacturing.
The prognosis for the India Induction Motor Market is favorable, with significant growth anticipated during the forecast period. The market is driven by increasing demand in industrial automation, smart infrastructure, and construction sectors. The growing transition to energy-efficient and interconnected motors will further expedite growth. Government initiatives aimed at fostering domestic manufacturing, import substitution, and sustainable energy practices would bolster market resilience. The manufacturing clusters in Western and Southern India are expected to grow, fostering competitive dynamics and opportunities for innovation.
The report offers a comprehensive study of the subsequent market segments and their leading categories.
According to Guneet Kaur, Senior Research Analyst, 6Wresearch, three-phase induction motors are the fastest-growing type due to their higher efficiency, robust performance, and suitability for industrial and commercial applications. These motors support heavy-duty operations while reducing energy consumption and maintenance needs.
The industrial segment is experiencing rapid growth as induction motors are increasingly used in manufacturing, processing plants, and machinery operations. Their reliability, energy efficiency, and adaptability to automation systems make them a preferred choice, enhancing operational productivity and reducing downtime across industries.
The report subsequently covers the market by following segments and sub segments.
| 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 Induction Motor Market Overview |
| 3.1 India Country Macro Economic Indicators |
| 3.2 India Induction Motor Market Revenues & Volume, 2021 & 2031F |
| 3.3 India Induction Motor Market - Industry Life Cycle |
| 3.4 India Induction Motor Market - Porter's Five Forces |
| 3.5 India Induction Motor Market Revenues & Volume Share, By Type, 2021 & 2031F |
| 3.6 India Induction Motor Market Revenues & Volume Share, By Application, 2021 & 2031F |
| 4 India Induction Motor Market Dynamics |
| 4.1 Impact Analysis |
| 4.2 Market Drivers |
| 4.2.1 Growing industrialization in India leading to increased demand for induction motors |
| 4.2.2 Government initiatives promoting energy efficiency and adoption of electric vehicles |
| 4.2.3 Technological advancements enhancing the efficiency and performance of induction motors |
| 4.3 Market Restraints |
| 4.3.1 Fluctuating raw material prices impacting the manufacturing cost of induction motors |
| 4.3.2 Intense competition from other types of motors like synchronous motors and DC motors |
| 4.3.3 Economic slowdown affecting investments in infrastructure and industrial projects |
| 5 India Induction Motor Market Trends |
| 6 India Induction Motor Market, By Types |
| 6.1 India Induction Motor Market, By Type |
| 6.1.1 Overview and Analysis |
| 6.1.2 India Induction Motor Market Revenues & Volume, By Type, 2021-2031F |
| 6.1.3 India Induction Motor Market Revenues & Volume, By Single Phase, 2021-2031F |
| 6.1.4 India Induction Motor Market Revenues & Volume, By Three Phase, 2021-2031F |
| 6.2 India Induction Motor Market, By Application |
| 6.2.1 Overview and Analysis |
| 6.2.2 India Induction Motor Market Revenues & Volume, By Residential, 2021-2031F |
| 6.2.3 India Induction Motor Market Revenues & Volume, By Industrial, 2021-2031F |
| 6.2.4 India Induction Motor Market Revenues & Volume, By Commercial, 2021-2031F |
| 6.2.5 India Induction Motor Market Revenues & Volume, By Transportation, 2021-2031F |
| 6.2.6 India Induction Motor Market Revenues & Volume, By Others, 2021-2031F |
| 7 India Induction Motor Market Import-Export Trade Statistics |
| 7.1 India Induction Motor Market Export to Major Countries |
| 7.2 India Induction Motor Market Imports from Major Countries |
| 8 India Induction Motor Market Key Performance Indicators |
| 8.1 Energy efficiency improvement rate of induction motors |
| 8.2 Adoption rate of induction motors in key industries like manufacturing, automotive, and agriculture |
| 8.3 Number of government policies supporting the use of induction motors |
| 8.4 Innovation rate in induction motor technology |
| 8.5 Growth rate of new applications utilizing induction motors |
| 9 India Induction Motor Market - Opportunity Assessment |
| 9.1 India Induction Motor Market Opportunity Assessment, By Type, 2021 & 2031F |
| 9.2 India Induction Motor Market Opportunity Assessment, By Application, 2021 & 2031F |
| 10 India Induction Motor Market - Competitive Landscape |
| 10.1 India Induction Motor Market Revenue Share, By Companies, 2024 |
| 10.2 India Induction Motor Market Competitive Benchmarking, By Operating and Technical Parameters |
| 11 Company Profiles |
| 12 Recommendations |
| 13 Disclaimer |