An induction motor, also known as an asynchronous motor, is a type of AC electric motor that uses the stator winding’s magnetic field to produce an electric current in rotors. Induction motors are usually of two types, namely single-phase and three-phase. The single-phase induction motor is not self-starting, whereas the three-phase induction motors are self-starting and are the most widely used type of induction motors.
India Induction Motor Market Trends
The India induction motor market is primarily driven by the rising demand for consumer electronics, such as air conditioners, washing machines, dishwashers and hair dryers. Furthermore, induction motors offer various advantages, including the ease of operation in different environmental conditions, high starting torque, speed variation, and durability. These favorable characteristics, in turn, are bolstering the growth of the market. Moreover, government initiatives, like “Make in India,” are encouraging manufacturers to adopt automation across various industries and focus on improving the mechanisms of industrial equipment. The Government has also implemented stringent policies to reduce carbon footprints, which have increased the sales of induction motors as they represent a better alternative and consume significantly lesser energy compared to conventional motors.Market Segmentation
This report provides an analysis of the key trends in each sub-segment of the India induction motor market report, along with forecasts at the country and regional levels from 2025-2033. The report has categorized the market based on product type and end use sector.Breakup by Product Type
- Three Phase Induction Motor
- Single Phase Induction Motor
Breakup by End Use Sector
- Industrial
- Commercial
- Residential
Breakup by Region
- North India
- West and Central India
- South India
- East India
Competitive Landscape
The competitive landscape of the industry has also been examined along with the profiles of the key players.
Key Questions Answered in This Report
1. How big is the induction motor market in the India?2. What factors are driving the growth of the India induction motor market?
3. What is the forecast for the induction motor market in India?
4. Which segment accounted for the largest India induction motor product type market share?
5. Which segment accounted for the largest India induction motor end use sector market share?
Table of Contents
Methodology
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Table Information
Report Attribute | Details |
---|---|
No. of Pages | 150 |
Published | February 2025 |
Forecast Period | 2024 - 2033 |
Estimated Market Value ( USD | $ 796.61 Million |
Forecasted Market Value ( USD | $ 1630 Million |
Compound Annual Growth Rate | 8.3% |
Regions Covered | India |