| Product Code: ETC10162638 | Publication Date: Apr 2025 | Updated Date: Aug 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Bhawna Singh | No. of Pages: 65 | No. of Figures: 34 | No. of Tables: 19 |
The India power electronics module market import shipments exhibited strong growth from 2020 to 2024, with a notable CAGR of 8.8%. Momentum accelerated further between 2023 and 2024, showing an increased growth rate of 11.6%. The market significantly expanded, indicating a robust and upward trend during the period.
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 Power Electronics Module Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India Power Electronics Module Market Revenues & Volume, 2021 & 2031F |
3.3 India Power Electronics Module Market - Industry Life Cycle |
3.4 India Power Electronics Module Market - Porter's Five Forces |
3.5 India Power Electronics Module Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 India Power Electronics Module Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.7 India Power Electronics Module Market Revenues & Volume Share, By Material, 2021 & 2031F |
3.8 India Power Electronics Module Market Revenues & Volume Share, By End Use, 2021 & 2031F |
4 India Power Electronics Module Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for power-saving devices and energy-efficient solutions in various industries |
4.2.2 Technological advancements leading to the development of more efficient power electronics modules |
4.2.3 Government initiatives and policies promoting the adoption of renewable energy sources in India |
4.3 Market Restraints |
4.3.1 High initial investment costs associated with the installation of power electronics modules |
4.3.2 Lack of skilled workforce and expertise in the power electronics sector in India |
4.3.3 Challenges related to the integration of power electronics modules with existing infrastructure and systems |
5 India Power Electronics Module Market Trends |
6 India Power Electronics Module Market, By Types |
6.1 India Power Electronics Module Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 India Power Electronics Module Market Revenues & Volume, By Type, 2021 - 2031F |
6.1.3 India Power Electronics Module Market Revenues & Volume, By Standard Modules, 2021 - 2031F |
6.1.4 India Power Electronics Module Market Revenues & Volume, By Customized Modules, 2021 - 2031F |
6.1.5 India Power Electronics Module Market Revenues & Volume, By Intelligent Power Modules (IPM), 2021 - 2031F |
6.1.6 India Power Electronics Module Market Revenues & Volume, By High-Power Modules, 2021 - 2031F |
6.2 India Power Electronics Module Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 India Power Electronics Module Market Revenues & Volume, By Motor Drives, 2021 - 2031F |
6.2.3 India Power Electronics Module Market Revenues & Volume, By Renewable Energy, 2021 - 2031F |
6.2.4 India Power Electronics Module Market Revenues & Volume, By Electric Vehicles, 2021 - 2031F |
6.2.5 India Power Electronics Module Market Revenues & Volume, By Rail Transport, 2021 - 2031F |
6.3 India Power Electronics Module Market, By Material |
6.3.1 Overview and Analysis |
6.3.2 India Power Electronics Module Market Revenues & Volume, By Silicon, 2021 - 2031F |
6.3.3 India Power Electronics Module Market Revenues & Volume, By GaN, 2021 - 2031F |
6.3.4 India Power Electronics Module Market Revenues & Volume, By SiC, 2021 - 2031F |
6.3.5 India Power Electronics Module Market Revenues & Volume, By Hybrid, 2021 - 2031F |
6.4 India Power Electronics Module Market, By End Use |
6.4.1 Overview and Analysis |
6.4.2 India Power Electronics Module Market Revenues & Volume, By Industrial Automation, 2021 - 2031F |
6.4.3 India Power Electronics Module Market Revenues & Volume, By Consumer Electronics, 2021 - 2031F |
6.4.4 India Power Electronics Module Market Revenues & Volume, By Automotive, 2021 - 2031F |
6.4.5 India Power Electronics Module Market Revenues & Volume, By Aerospace & Defense, 2021 - 2031F |
7 India Power Electronics Module Market Import-Export Trade Statistics |
7.1 India Power Electronics Module Market Export to Major Countries |
7.2 India Power Electronics Module Market Imports from Major Countries |
8 India Power Electronics Module Market Key Performance Indicators |
8.1 Average energy efficiency improvement rate achieved by power electronics modules in India |
8.2 Number of research and development projects focused on enhancing power electronics module efficiency |
8.3 Percentage increase in the adoption of power electronics modules in key industries in India |
9 India Power Electronics Module Market - Opportunity Assessment |
9.1 India Power Electronics Module Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 India Power Electronics Module Market Opportunity Assessment, By Application, 2021 & 2031F |
9.3 India Power Electronics Module Market Opportunity Assessment, By Material, 2021 & 2031F |
9.4 India Power Electronics Module Market Opportunity Assessment, By End Use, 2021 & 2031F |
10 India Power Electronics Module Market - Competitive Landscape |
10.1 India Power Electronics Module Market Revenue Share, By Companies, 2024 |
10.2 India Power Electronics Module 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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