| Product Code: ETC4567585 | Publication Date: Jul 2023 | Product Type: Report | ||
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 85 | No. of Figures: 45 | No. of Tables: 25 |
The India motor lamination market import shipment demonstrated a robust growth trend with a CAGR of 14.3% from 2020 to 2024. The growth momentum accelerated further between 2023 and 2024, with a growth rate of 19.3%. The market expanded significantly, indicating strong demand and a positive outlook for the industry.
Motor laminations are a fundamental component of electric vehicles, influencing their efficiency and performance. India automotive industry is witnessing a surge in demand for efficient electric motors, making the motor lamination market a critical segment. Domestic and international manufacturers are increasingly focusing on producing high-quality motor laminations to cater to the growing demand for electric vehicles, further promoting sustainable transportation in the country.
The India Motor Lamination market is witnessing growth due to the rising demand for energy-efficient electric motors across various industries, including automotive, manufacturing, and appliances. Motor laminations play a crucial role in enhancing motor efficiency by reducing energy losses through eddy currents and hysteresis. As industries in India increasingly emphasize energy conservation and sustainable practices, there is a growing need for high-efficiency motors. Additionally, government initiatives to promote energy-efficient technologies are encouraging the adoption of advanced motor lamination materials and designs in the India market.
Challenges include energy efficiency and environmental concerns, requiring the development of more efficient lamination materials and manufacturing processes.
The motor lamination market was affected by the pandemic, as the automotive and industrial sectors faced production slowdowns. As demand for electric vehicles and energy-efficient motors continues to rise, the market is expected to recover with an emphasis on sustainability.
Major players in the motor lamination market in India are Mahindra CIE Automotive, Tempel, and Godrej & Boyce.
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 Motor Lamination Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India Motor Lamination Market Revenues & Volume, 2021 & 2031F |
3.3 India Motor Lamination Market - Industry Life Cycle |
3.4 India Motor Lamination Market - Porter's Five Forces |
3.5 India Motor Lamination Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.6 India Motor Lamination Market Revenues & Volume Share, By Motor Type, 2021 & 2031F |
3.7 India Motor Lamination Market Revenues & Volume Share, By Technology, 2021 & 2031F |
3.8 India Motor Lamination Market Revenues & Volume Share, By Vehicle Type, 2021 & 2031F |
4 India Motor Lamination Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for energy-efficient motors in various industries |
4.2.2 Growth in automotive and consumer electronics sectors driving the demand for motors |
4.2.3 Government initiatives promoting the use of electric vehicles and renewable energy sources |
4.3 Market Restraints |
4.3.1 Fluctuating raw material prices affecting production costs |
4.3.2 Intense competition from international players |
4.3.3 Technological advancements leading to shorter product life cycles |
5 India Motor Lamination Market Trends |
6 India Motor Lamination Market, By Types |
6.1 India Motor Lamination Market, By Application |
6.1.1 Overview and Analysis |
6.1.2 India Motor Lamination Market Revenues & Volume, By Application, 2021-2031F |
6.1.3 India Motor Lamination Market Revenues & Volume, By Performance, 2021-2031F |
6.1.4 India Motor Lamination Market Revenues & Volume, By Comfort, 2021-2031F |
6.1.5 India Motor Lamination Market Revenues & Volume, By Safety, 2021-2031F |
6.2 India Motor Lamination Market, By Motor Type |
6.2.1 Overview and Analysis |
6.2.2 India Motor Lamination Market Revenues & Volume, By Electric Water pump motor, 2021-2031F |
6.2.3 India Motor Lamination Market Revenues & Volume, By Radiator cooling fan motor, 2021-2031F |
6.2.4 India Motor Lamination Market Revenues & Volume, By Electronic throttle valve control motor, 2021-2031F |
6.2.5 India Motor Lamination Market Revenues & Volume, By Electronic variable gear ratio motor, 2021-2031F |
6.2.6 India Motor Lamination Market Revenues & Volume, By Electronic variable valve timing motor, 2021-2031F |
6.2.7 India Motor Lamination Market Revenues & Volume, By Variable nozzle turbo motor, 2021-2031F |
6.2.8 India Motor Lamination Market Revenues & Volume, By Electric power steering motor, 2021-2031F |
6.2.9 India Motor Lamination Market Revenues & Volume, By Electric power steering motor, 2021-2031F |
6.3 India Motor Lamination Market, By Technology |
6.3.1 Overview and Analysis |
6.3.2 India Motor Lamination Market Revenues & Volume, By Welding, 2021-2031F |
6.3.3 India Motor Lamination Market Revenues & Volume, By Bonding, 2021-2031F |
6.3.4 India Motor Lamination Market Revenues & Volume, By Stamping, 2021-2031F |
6.3.5 India Motor Lamination Market Revenues & Volume, By Others, 2021-2031F |
6.4 India Motor Lamination Market, By Vehicle Type |
6.4.1 Overview and Analysis |
6.4.2 India Motor Lamination Market Revenues & Volume, By Passenger Cars, 2021-2031F |
6.4.3 India Motor Lamination Market Revenues & Volume, By Light Commercial Vehicles, 2021-2031F |
6.4.4 India Motor Lamination Market Revenues & Volume, By Trucks, 2021-2031F |
6.4.5 India Motor Lamination Market Revenues & Volume, By Buses, 2021-2031F |
7 India Motor Lamination Market Import-Export Trade Statistics |
7.1 India Motor Lamination Market Export to Major Countries |
7.2 India Motor Lamination Market Imports from Major Countries |
8 India Motor Lamination Market Key Performance Indicators |
8.1 Adoption rate of energy-efficient motors in industries |
8.2 Growth rate of the automotive and consumer electronics sectors |
8.3 Number of government policies supporting the use of electric vehicles and renewable energy sources |
9 India Motor Lamination Market - Opportunity Assessment |
9.1 India Motor Lamination Market Opportunity Assessment, By Application, 2021 & 2031F |
9.2 India Motor Lamination Market Opportunity Assessment, By Motor Type, 2021 & 2031F |
9.3 India Motor Lamination Market Opportunity Assessment, By Technology, 2021 & 2031F |
9.4 India Motor Lamination Market Opportunity Assessment, By Vehicle Type, 2021 & 2031F |
10 India Motor Lamination Market - Competitive Landscape |
10.1 India Motor Lamination Market Revenue Share, By Companies, 2024 |
10.2 India Motor Lamination Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |