Product Code: ETC261088 | Publication Date: Aug 2023 | Updated Date: Aug 2023 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 | |
Indonesia Electric AC Motors Market registered a growth of 31.45% in value shipments in 2021 as compared to 2020 and a decrease of -6.94% CAGR in 2021 over a period of 2017. In Electric AC Motors Market Indonesia is becoming less competitive as HHI index in 2021 was 5792 while in 2017 it was 5701. Herfindahl Index measures the competitiveness of exporting countries. The range lies from 0 to 10000, where a lower index number represents a larger number of players or exporting countries in the market while a large index number means less numbers of players or countries exporting in the market.
Indonesia has reportedly relied more on imports to meet its growing demand in Electric AC Motors Market. India is shifting towards local production to meet its demand as we see the trend is shifting towards reducing imports. The import factor of Electric AC Motors Market in 2021 was 65.95 while in 2017 it was 841.39. China, Germany, Japan, South Korea and USA were among the top players of the market in 2021, where China acquired the largest market share of 75.81% with a shipment value of 205.23 million USD in 2022 China also offered the product below the average market price thus having a competitive advantage over others In 2017 China had the largest market share of 75.05% with the shipment value of 221.41 million USD. The country was offering its product with an average price which is higher than the average market price offered in the country. Although China offers its product above the market average price, it remained at the leadership position indicating the brand value it holds in the Indonesia Electric AC Motors Market in 2017.
The Electric AC Motors market in Indonesia is also witnessing a robust expansion, driven by industrial and commercial applications. As industries continue to modernize and upgrade their manufacturing processes, the demand for energy-efficient and reliable electric motors has surged, leading to a favorable market outlook.
Another key segment is the electric AC motors market. AC motors are widely used in various industrial applications and consumer appliances. The expanding industrial sector and the growing demand for energy-efficient motors are driving the market`s growth. Additionally, government initiatives to promote energy conservation and the adoption of eco-friendly technologies are likely to fuel the demand for electric AC motors in Indonesia.
The electric AC motors market in Indonesia is anticipated to grow significantly owing to the government`s efforts to promote energy-efficient technologies and sustainability. Industries such as manufacturing, automotive, and agriculture are major consumers of electric AC motors. One of the main challenges for this market could be the availability of low-cost alternatives or imported products that may hamper the growth of domestic manufacturers. Additionally, issues related to power quality and voltage fluctuations may impact the performance and lifespan of electric AC motors.
The pandemic`s impact on manufacturing industries might have affected the demand for electric AC motors. Industrial shutdowns and reduced production capacities during lockdowns could have hampered sales. Nevertheless, with economic recovery and the push for electrification, the market is anticipated to rebound in the coming years.
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 Indonesia Electric AC Motors Market Overview |
3.1 Indonesia Country Macro Economic Indicators |
3.2 Indonesia Electric AC Motors Market Revenues & Volume, 2021 & 2028F |
3.3 Indonesia Electric AC Motors Market - Industry Life Cycle |
3.4 Indonesia Electric AC Motors Market - Porter's Five Forces |
3.5 Indonesia Electric AC Motors Market Revenues & Volume Share, By Type, 2021 & 2028F |
3.6 Indonesia Electric AC Motors Market Revenues & Volume Share, By Voltage, 2021 & 2028F |
3.7 Indonesia Electric AC Motors Market Revenues & Volume Share, By End-Use, 2021 & 2028F |
4 Indonesia Electric AC Motors Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Indonesia Electric AC Motors Market Trends |
6 Indonesia Electric AC Motors Market, By Types |
6.1 Indonesia Electric AC Motors Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Indonesia Electric AC Motors Market Revenues & Volume, By Type, 2018 - 2028F |
6.1.3 Indonesia Electric AC Motors Market Revenues & Volume, By Synchronous AC Motors, 2018 - 2028F |
6.1.4 Indonesia Electric AC Motors Market Revenues & Volume, By Induction AC Motors, 2018 - 2028F |
6.2 Indonesia Electric AC Motors Market, By Voltage |
6.2.1 Overview and Analysis |
6.2.2 Indonesia Electric AC Motors Market Revenues & Volume, By Integral HP Output, 2018 - 2028F |
6.2.3 Indonesia Electric AC Motors Market Revenues & Volume, By Fractional HP Output, 2018 - 2028F |
6.3 Indonesia Electric AC Motors Market, By End-Use |
6.3.1 Overview and Analysis |
6.3.2 Indonesia Electric AC Motors Market Revenues & Volume, By Industrial Machinery, 2018 - 2028F |
6.3.3 Indonesia Electric AC Motors Market Revenues & Volume, By Motor Vehicles, 2018 - 2028F |
6.3.4 Indonesia Electric AC Motors Market Revenues & Volume, By HVAC Equipment, 2018 - 2028F |
6.3.5 Indonesia Electric AC Motors Market Revenues & Volume, By Aerospace & Transportation, 2018 - 2028F |
6.3.6 Indonesia Electric AC Motors Market Revenues & Volume, By Household Appliances, 2018 - 2028F |
6.3.7 Indonesia Electric AC Motors Market Revenues & Volume, By Others, 2018 - 2028F |
7 Indonesia Electric AC Motors Market Import-Export Trade Statistics |
7.1 Indonesia Electric AC Motors Market Export to Major Countries |
7.2 Indonesia Electric AC Motors Market Imports from Major Countries |
8 Indonesia Electric AC Motors Market Key Performance Indicators |
9 Indonesia Electric AC Motors Market - Opportunity Assessment |
9.1 Indonesia Electric AC Motors Market Opportunity Assessment, By Type, 2021 & 2028F |
9.2 Indonesia Electric AC Motors Market Opportunity Assessment, By Voltage, 2021 & 2028F |
9.3 Indonesia Electric AC Motors Market Opportunity Assessment, By End-Use, 2021 & 2028F |
10 Indonesia Electric AC Motors Market - Competitive Landscape |
10.1 Indonesia Electric AC Motors Market Revenue Share, By Companies, 2021 |
10.2 Indonesia Electric AC Motors Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |