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Revival of Key Indian Industries and the Infrastructure Sector to Boost Demand for Electric Motors
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This research service presents a comprehensive analysis of the Indian Electric Motor Market. The objective of the research service is to assess the Indian Electric Motor Market in terms of overall market opportunity for FHP and IHP Motors. The subsegments, IHP electric motors and FHP electric motors are discussed in detail. IHP and FHP motors are further classified into AC and DC electric motors and discussed in the study. Forecast and forecast discussion for each subsegment has been included in the study. The study discussed the growth rate and growth period of the market. It also presents significant technological developments expected in the future. Revenue analyses, for IHP and FHP motors are provided separately for the end-user industries. Revenue forecast for the sub-segments is also provided in this study. The document also forecasts the market, for the next five years, for AC and DC electric motor segments in FHP and IHP electric motor markets.Important segment characteristics for IHP and FHP electric motors are also discussed. The research service also focuses on industry-specific market drivers and restraints and provides an understanding of the attributes that influence the market, besides providing insights on the competitive environment. Drivers, like ‘Increasing demand for household appliances and other electric motor-driven systems’ and ‘Growing segments like HVAC, electric vehicle and others to drive the demand of IHP motors in India,’ and restraints like ‘Stiff competition from imported motors and machineries’ and ‘replacement of DC motors with AC motors fitted with variable frequency drives (VFDs)’ and their impact in the short, medium and long terms have been discussed in detail in the document.The research service also talks about energy-efficient electric motors and their future in India. Total revenue generated by energy-efficient electric motors and splits for various efficiency classes have been provided in the study.The research service discusses the key focus areas of select players who performed well over the past years to gain significant market share in the assessment year. The individual market share of the payers for IHP electric motors, FHP electric motors, IHP AC electric motors and IHP DC electric motors have been included in the study. SWOT analysis of top competitors has been provided for FHP and IHP electric motors, separately.It also provides market forecasts for each end-user industry and OEM segments for FHP and IHP electric motor market. It discusses in detail the individual end users and OEMs in the IHP electric motor market.
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