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India Electronic Commutation Motor Market Outlook and Forecast 2024-2030

India Electronic Commutation Motor Market Outlook and Forecast 2024-2030

  • Published on : 18 November 2024
  • Pages :205
  • Report Code:SMR-8019264

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Report overview

India Electronic Commutation Motor market size was valued at US$ 67.8 million in 2024 and is projected to reach US$ 112.3 million by 2030, at a CAGR of 8.8%.


Electronic commutation motors are brushless DC motors that use electronic switching to control current flow, offering improved efficiency and reliability over traditional brushed motors.
The Indian market shows strong growth, driven by HVAC applications and industrial automation. In 2023, unit sales reached 520,000, with HVAC sector accounting for 45% of demand. Industrial applications growing at 11% annually. Variable speed motors represent 65% market share. The market saw a 38% increase in smart motor controllers in 2023. R&D investments up 35%, focusing on IoT integration and efficiency improvements.

This report contains market size and forecasts of Electronic Commutation Motor in India, including the following market information:
•    India Electronic Commutation Motor Market Revenue, 2019-2024, 2024-2030, ($ millions)
•    India Electronic Commutation Motor Market Sales, 2019-2024, 2024-2030,
•    India Top five Electronic Commutation Motor companies in 2023 (%)

Report Includes

This report presents an overview of India market for Electronic Commutation Motor , sales, revenue and price. Analyses of the India market trends, with historic market revenue/sales data for 2019 - 2023, estimates for 2024, and projections of CAGR through 2030.

This report focuses on the Electronic Commutation Motor sales, revenue, market share and industry ranking of main manufacturers, data from 2019 to 2024. Identification of the major stakeholders in the India Electronic Commutation Motor market, and analysis of their competitive landscape and market positioning based on recent developments and segmental revenues.

This report will help stakeholders to understand the competitive landscape and gain more insights and position their businesses and market strategies in a better way.

This report analyzes the segments data by Type, and by Sales Channels, sales, revenue, and price, from 2019 to 2030. Evaluation and forecast the market size for Humidifier sales, projected growth trends, production technology, sales channels and end-user industry.

Segment by Type

•    Single Phase Motor
•    Triple Phase Motor

Segment by Applications

•    Small Fans
•    Pumps
•    Servomotors
•    Motion Control Systems
•    Others

Key Companies covered in this report:

•    Bharat Heavy Electricals Limited (BHEL)
•    Siemens India
•    ABB India
•    Larsen & Toubro (L&T)
•    Havells India Ltd
•    Crompton Greaves Consumer Electricals Ltd
•    Kirloskar Electric Company
•    CG Power and Industrial Solutions Limited
•    Nidec India
•    Schneider Electric Infrastructure Ltd

Including or excluding key companies relevant to your analysis.

Competitor Analysis

The report also provides analysis of leading market participants including:
•    Key companies Electronic Commutation Motor revenues in Indian market, 2019-2024 (Estimated), ($ millions)
•    Key companies Electronic Commutation Motor revenues share in Indian market, 2023 (%)
•    Key companies Electronic Commutation Motor sales in Indian market, 2019-2024 (Estimated),
•    Key companies Electronic Commutation Motor sales share in Indian market, 2023 (%)

Key Indicators Analysed
•    Market Players & Competitor Analysis: The report covers the key players of the industry including Company Profile, Product Specifications, Production Capacity/Sales, Revenue, Price and Gross Margin 2019-2030 & Sales with a thorough analysis of the market’s competitive landscape and detailed information on vendors and comprehensive details of factors that will challenge the growth of major market vendors.
•    Indian Market Analysis: The report includes Indian market status and outlook 2019-2030. Further the report provides break down details about each region & countries covered in the report. Identifying its sales, sales volume & revenue forecast. With detailed analysis by types and applications.
•    Market Trends: Market key trends which include Increased Competition and Continuous Innovations.
•    Opportunities and Drivers: Identifying the Growing Demands and New Technology
•    Porters Five Force Analysis: The report provides with the state of competition in industry depending on five basic forces: threat of new entrants, bargaining power of suppliers, bargaining power of buyers, threat of substitute products or services, and existing industry rivalry.

Key Benefits of This Market Research:
•    Industry drivers, restraints, and opportunities covered in the study
•    Neutral perspective on the market performance
•    Recent industry trends and developments
•    Competitive landscape & strategies of key players
•    Potential & niche segments and regions exhibiting promising growth covered
•    Historical, current, and projected market size, in terms of value
•    In-depth analysis of the Electronic Commutation Motor Market
•    Overview of the regional outlook of the Electronic Commutation Motor Market

Key Reasons to Buy this Report:

•    Access to date statistics compiled by our researchers. These provide you with historical and forecast data, which is analyzed to tell you why your market is set to change
•    This enables you to anticipate market changes to remain ahead of your competitors
•    You will be able to copy data from the Excel spreadsheet straight into your marketing plans, business presentations or other strategic documents
•    The concise analysis, clear graph, and table format will enable you to pinpoint the information you require quickly
•    Provision of market value (USD Billion) data for each segment and sub-segment
•    Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market
•    Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region
•    Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled
•    Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players
•    The current as well as the future market outlook of the industry concerning recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions
•    Includes in-depth analysis of the market from various perspectives through Porter’s five forces analysis
•    Provides insight into the market through Value Chain
•    Market dynamics scenario, along with growth opportunities of the market in the years to come
•    6-month post-sales analyst support

We offer additional regional and global reports that are similar:
•    Global Electronic Commutation Motor Market 
•    United States Electronic Commutation Motor Market 
•    Japan Electronic Commutation Motor Market 
•    Germany Electronic Commutation Motor Market 
•    South Korea Electronic Commutation Motor Market 
•    Indonesia Electronic Commutation Motor Market 
•    Brazil Electronic Commutation Motor Market

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