Product Code: ETC174943 | Publication Date: Jul 2023 | Updated Date: Jan 2024 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
The Outlook for the India automotive motors market is positive. The demand for vehicles has been steadily increasing in India over the past few years, largely driven by a growing middle class and rising incomes. This has led to increased production of automobiles in the country, which in turn is driving up the demand for automotive motors.
Growing Automobile Production : The automobile industry in India is booming with an estimated 8 million units produced annually since 2015-16. This growth has been fueled by favorable government policies such as free trade agreements (FTAs), low interest rates on loans, tax breaks, and subsidies on electric cars etc., all of which have made it easier for people to buy new vehicles. Consequently, this increase in vehicle production will drive up demand for automotive motors as well. Rising Disposable Incomes : Increasing disposable incomes among consumers are enabling them to purchase more expensive products like cars or other forms of motorized transportations such as motorcycles/scooters etc., thus providing a boost to sales of automotive motors used in these vehicles.
Despite strong prospects, there are certain challenges that may hinder further growth within the India automotive motor market. These include higher taxes imposed on luxury models , lack of infrastructure development outside cities hampering rural markets , rising raw material costs due to currency exchange rate fluctuations affecting margin profitability and so forth.
The key players operating within India automotive motor sector are Bosch Ltd., Johnson Electric Group, Cummins Inc., ABB Ltd., Siemens AG etc
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 Automotive Motors Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India Automotive Motors Market Revenues & Volume, 2020 & 2030F |
3.3 India Automotive Motors Market - Industry Life Cycle |
3.4 India Automotive Motors Market - Porter's Five Forces |
3.5 India Automotive Motors Market Revenues & Volume Share, By Motor Type, 2020 & 2030F |
3.6 India Automotive Motors Market Revenues & Volume Share, By Function, 2020 & 2030F |
3.7 India Automotive Motors Market Revenues & Volume Share, By Vehicle Type, 2020 & 2030F |
3.8 India Automotive Motors Market Revenues & Volume Share, By Electric Vehicle Type, 2020 & 2030F |
3.9 India Automotive Motors Market Revenues & Volume Share, By EV Motor Type, 2020 & 2030F |
4 India Automotive Motors Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 India Automotive Motors Market Trends |
6 India Automotive Motors Market, By Types |
6.1 India Automotive Motors Market, By Motor Type |
6.1.1 Overview and Analysis |
6.1.2 India Automotive Motors Market Revenues & Volume, By Motor Type, 2020-2030F |
6.1.3 India Automotive Motors Market Revenues & Volume, By Brushed, 2020-2030F |
6.1.4 India Automotive Motors Market Revenues & Volume, By Brushless, 2020-2030F |
6.1.5 India Automotive Motors Market Revenues & Volume, By Stepper, 2020-2030F |
6.2 India Automotive Motors Market, By Function |
6.2.1 Overview and Analysis |
6.2.2 India Automotive Motors Market Revenues & Volume, By Performance, 2020-2030F |
6.2.3 India Automotive Motors Market Revenues & Volume, By Safety, 2020-2030F |
6.2.4 India Automotive Motors Market Revenues & Volume, By Comfort, 2020-2030F |
6.3 India Automotive Motors Market, By Vehicle Type |
6.3.1 Overview and Analysis |
6.3.2 India Automotive Motors Market Revenues & Volume, By Passenger car, 2020-2030F |
6.3.3 India Automotive Motors Market Revenues & Volume, By Light commercial vehicle, 2020-2030F |
6.3.4 India Automotive Motors Market Revenues & Volume, By Heavy commercial vehicle, 2020-2030F |
6.4 India Automotive Motors Market, By Electric Vehicle Type |
6.4.1 Overview and Analysis |
6.4.2 India Automotive Motors Market Revenues & Volume, By BEV, 2020-2030F |
6.4.3 India Automotive Motors Market Revenues & Volume, By HEV, 2020-2030F |
6.4.4 India Automotive Motors Market Revenues & Volume, By PHEV, 2020-2030F |
6.5 India Automotive Motors Market, By EV Motor Type |
6.5.1 Overview and Analysis |
6.5.2 India Automotive Motors Market Revenues & Volume, By Induction, 2020-2030F |
6.5.3 India Automotive Motors Market Revenues & Volume, By Traction, 2020-2030F |
6.5.4 India Automotive Motors Market Revenues & Volume, By Brushed, 2020-2030F |
6.5.5 India Automotive Motors Market Revenues & Volume, By Brushless, 2020-2030F |
6.5.6 India Automotive Motors Market Revenues & Volume, By Stepper, 2020-2030F |
6.5.7 India Automotive Motors Market Revenues & Volume, By Others, 2020-2030F |
7 India Automotive Motors Market Import-Export Trade Statistics |
7.1 India Automotive Motors Market Export to Major Countries |
7.2 India Automotive Motors Market Imports from Major Countries |
8 India Automotive Motors Market Key Performance Indicators |
9 India Automotive Motors Market - Opportunity Assessment |
9.1 India Automotive Motors Market Opportunity Assessment, By Motor Type, 2020 & 2030F |
9.2 India Automotive Motors Market Opportunity Assessment, By Function, 2020 & 2030F |
9.3 India Automotive Motors Market Opportunity Assessment, By Vehicle Type, 2020 & 2030F |
9.4 India Automotive Motors Market Opportunity Assessment, By Electric Vehicle Type, 2020 & 2030F |
9.5 India Automotive Motors Market Opportunity Assessment, By EV Motor Type, 2020 & 2030F |
10 India Automotive Motors Market - Competitive Landscape |
10.1 India Automotive Motors Market Revenue Share, By Companies, 2023 |
10.2 India Automotive Motors Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |