India Electric Vehicle Motor Market Comprehensive Analysis and Forecast 2025 to 2030
India Electric Vehicle Motor Market Overview: 2025-2030
Base Year: 2024
Historical Years:
2020-23
Forecast Years: 2025-2030
The India
Electric Vehicle Motor Market size was valued at around USD 0.898 billion in
2024 and is projected to reach USD 2.889 billion by 2030. Along with this, the
market is estimated to grow at a CAGR of around 21.5% during the forecast
period, i.e., 2025-30. The India
Electric Vehicle Motor Market is going through significant growth due
to multiple drivers like technological advancements and, of course, increasing
healthcare needs. The increase in road accidents throughout the country creates
a greater demand for X-rays.
Markntel
Advisor’s India Electric Vehicle Motor
Market Insights report provides the current and forecast market analysis,
individual leading companies' market shares, challenges, India Electric Vehicle
Motor Market drivers, barriers, India Electric Vehicle Motor Market Trends, and
Key Players in India Electric Vehicle Motor Market.
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a sample copy of the Report: https://www.marknteladvisors.com/query/request-sample/india-electric-vehicle-motor-market.html
India Electric Vehicle Motor Market
Dynamics: 2025-2030
India Electric Vehicle Motor Market
Driver:
Increasing Sale of Electric Vehicles
Driving Market Growth –
The sale of electric vehicles in India has been continuously increasing. There
is growing traction for electric vehicles among the Indian population owing to
reducing travel expenses to a bare minimum and being environment-friendly. As
per the India Brand Equity Foundation, it was suggested that about 50% of all
three-wheeler purchases will become electric in 2024, around 5% for
two-wheelers, and nearly 2% for captive cars. They are thronged by electric
motors, which use battery-supplied electrical energy for propulsion, across the
board for all of these automobiles. Increasing production of such vehicles
supports their growing demand with increasing demand for motors. This means
there is an impetus for sharp growth in the motor market due to the revival of
EV sales, which is also expected to remain alive in the coming forecast period.
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Full Report with Detail Analysis – https://www.marknteladvisors.com/research-library/india-electric-vehicle-motor-market.html
India Electric Vehicle Motor Market (2025-30):
Segmentation Outlook
The market
report has segmented the market into the following categories:
By Vehicle Type
-Electric
Passenger Cars- Market Size & Forecast 2020-2030, USD Billion
-Sedan- Market
Size & Forecast 2020-2030, USD Billion
-Hatchback-
Market Size & Forecast 2020-2030, USD Billion
-SUV- Market
Size & Forecast 2020-2030, USD Billion
-Electric
Commercial Vehicles- Market Size & Forecast 2020-2030, USD Billion
-Electric Light
Commercial Vehicles- Market Size & Forecast 2020-2030, USD Billion
-Electric Light
Trucks- Market Size & Forecast 2020-2030, USD Billion
-Electric
Minivans- Market Size & Forecast 2020-2030, USD Billion
-Electric Medium
& Heavy Commercial Vehicles- Market Size & Forecast 2020-2030, USD
Billion
-Electric
Trucks- Market Size & Forecast 2020-2030, USD Billion
-Electric Bus-
Market Size & Forecast 2020-2030, USD Billion
-Electric Two
Wheelers- Market Size & Forecast 2020-2030, USD Billion
-Electric
Scooters- Market Size & Forecast 2020-2030, USD Billion
-Electric
Motorcycles- Market Size & Forecast 2020-2030, USD Billion
-Electric Three
Wheelers- Market Size & Forecast 2020-2030, USD Billion
By Type
-AC Motor-
Market Size & Forecast 2020-2030, USD Billion
-DC Motor-
Market Size & Forecast 2020-2030, USD Billion
By Motor Type
-Brushless
Motors- Market Size & Forecast 2020-2030, USD Billion
-Brushed Motors-
Market Size & Forecast 2020-2030, USD Billion
-Induction
(Asynchronous) Motors- Market Size & Forecast 2020-2030, USD Billion
-Switched
Reluctance Motors- Market Size & Forecast 2020-2030, USD Billion
-Synchronous
Motors- Market Size & Forecast 2020-2030, USD Billion
By Component
-Motor Stator-
Market Size & Forecast 2020-2030, USD Billion
-Rotor, Shaft,
and Bearing- Market Size & Forecast 2020-2030, USD Billion
-Permanent Magnet-
Market Size & Forecast 2020-2030, USD Billion
-Casing- Market
Size & Forecast 2020-2030, USD Billion
-Wiring &
Connectors- Market Size & Forecast 2020-2030, USD Billion
-Others- Market
Size & Forecast 2020-2030, USD Billion
By Power Rating
-Up to 20 kW-
Market Size & Forecast 2020-2030, USD Billion
-21 kW to 100
kW- Market Size & Forecast 2020-2030, USD Billion
-101 kW to 250
kW- Market Size & Forecast 2020-2030, USD Billion
-Above 250 kW-
Market Size & Forecast 2020-2030, USD Billion
By Region
-North
-South
-East
-West.
Note - If there are any particular
details you need that are not currently included in the report, we will be
happy to provide them as part of our customization
services.
Top Companies Operating in the India
Electric Vehicle Motor Market:
ABB, Tata
Motors, Kirloskar Electric, Nidec Corporation, Bharat Heavy Electricals Limited
(BHEL), Bonfiglioli, Laxmi Hydraulics Pvt. Ltd., Robert Bosch GmbH, CG Power
& Industrial Solution Ltd., Weg Industries India, and others.
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