Product Code: ETC017084 | Publication Date: Jun 2023 | Updated Date: Aug 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
The India motors and generators market import shipment demonstrated a robust growth trend from 2020 to 2024, with a notable CAGR of 21.2%. However, the growth rate between 2023 and 2024 slightly moderated to 16.0%. Overall, the market expanded steadily, showcasing strong momentum and a positive long-term trend.
The India Motors and Generators market is projected to witness substantial growth in the forecast period of 2025-2031. This market has been experiencing an upsurge due to numerous factors such as increasing investments in infrastructure projects, rising population, supportive government initiatives for industrialization, and advancements in technology. Moreover, a surge in demand for low power motors from various sectors such as food processing industries has further acted as a major driver for the India Motor and Generators Market during this period.
1) Growing Demand From Infrastructure Projects: The Indian government is focusing on developing infrastructure by launching several projects like Smart Cities Mission (SCM), Bharatmala Project (BMP), Pradhan Mantri Gram Sadak Yojana (PMGSY), Sagarmala Program etc., which have increased the demand for motor & generators significantly. Furthermore, with rapid urbanization taking place across Tier I cities of India there is an increase in construction activities requiring motor & generator products leading to market growth.
2) Rising Population And Increasing Industrialisation: With growing population size coupled with industrial expansion plans announced by Government of India the manufacturing sector has seen impressive growth over past few years resulting into higher number of applications requiring motor & generator components leading to overall increase in sales volume within this segment.
1) High Cost Of Certain Components Used In Manufacturing Motors And Generators: There are certain components used while manufacturing or repairing motors & generators that can be expensive due to scarcity or lack of availability domestically leading towards high cost affecting profitability margins negatively . Additionally , foreign competition also results into pricing pressure hampering overall industry prospects .
2) Low Consumer Awareness Regarding New Technologies Available In Motors And Generators Industry : It?s very difficult for local players operating within this space to compete against big international names as they don?t posses same level of resources required marketing theirproducts widely . Consequently , consumers remain unaware about features incorporated within new age motors & generators available today making it difficult them make right choice when purchasing these products .
Growing Popularity Of Electronic Motors : Due To ease associated with installation process along with its higher efficiency compared traditional mechanical models electronic motors are becoming popular gradually across different applications ranging from HVAC systems , pumps , fans etc.. As result manufacturers are introducing more innovative solutions related towards electronic motors providing customers greater choice meeting specific needs effectively while reducing costs significantly at same time
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 Motors and Generators Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India Motors and Generators Market Revenues & Volume, 2021 & 2031F |
3.3 India Motors and Generators Market - Industry Life Cycle |
3.4 India Motors and Generators Market - Porter's Five Forces |
3.5 India Motors and Generators Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 India Motors and Generators Market Revenues & Volume Share, By End-User, 2021 & 2031F |
4 India Motors and Generators Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing industrialization and urbanization in India leading to increased demand for motors and generators. |
4.2.2 Government initiatives to boost renewable energy sector driving the adoption of motors and generators for clean energy production. |
4.2.3 Technological advancements in motors and generators leading to improved efficiency and performance. |
4.3 Market Restraints |
4.3.1 Fluctuating raw material prices impacting the manufacturing cost of motors and generators. |
4.3.2 Intense competition among market players leading to price wars and margin pressures. |
4.3.3 Regulatory challenges and compliance requirements affecting the market growth. |
5 India Motors and Generators Market Trends |
6 India Motors and Generators Market, By Types |
6.1 India Motors and Generators Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 India Motors and Generators Market Revenues & Volume, By Type, 2021-2031F |
6.1.3 India Motors and Generators Market Revenues & Volume, By Motor Manufacturing, 2021-2031F |
6.1.4 India Motors and Generators Market Revenues & Volume, By Generator Manufacturing, 2021-2031F |
6.2 India Motors and Generators Market, By End-User |
6.2.1 Overview and Analysis |
6.2.2 India Motors and Generators Market Revenues & Volume, By Industrial, 2021-2031F |
6.2.3 India Motors and Generators Market Revenues & Volume, By Commercial, 2021-2031F |
6.2.4 India Motors and Generators Market Revenues & Volume, By Residential, 2021-2031F |
7 India Motors and Generators Market Import-Export Trade Statistics |
7.1 India Motors and Generators Market Export to Major Countries |
7.2 India Motors and Generators Market Imports from Major Countries |
8 India Motors and Generators Market Key Performance Indicators |
8.1 Energy efficiency ratings of motors and generators. |
8.2 Adoption rate of motors and generators in key industries such as manufacturing, construction, and renewable energy. |
8.3 Investment in research and development for innovative motor and generator technologies. |
8.4 Number of government tenders and projects promoting the use of motors and generators in India. |
8.5 Growth rate of aftermarket services and maintenance for motors and generators. |
9 India Motors and Generators Market - Opportunity Assessment |
9.1 India Motors and Generators Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 India Motors and Generators Market Opportunity Assessment, By End-User, 2021 & 2031F |
10 India Motors and Generators Market - Competitive Landscape |
10.1 India Motors and Generators Market Revenue Share, By Companies, 2024 |
10.2 India Motors and Generators Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |