The India industrial motors market size reached USD 804.1 Million in 2024. Looking forward, IMARC Group expects the market to reach USD 1,077.0 Million by 2033, exhibiting a growth rate (CAGR) of 3.3% during 2025-2033. The Indian industrial motors market is growing due to rising energy efficiency regulations, increased automation in manufacturing, and expanding electrification across industries. Government initiatives like ‘Make in India’ and the PAT scheme, along with smart motor adoption and infrastructure development, further drive market expansion.
Report Attribute
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Key Statistics
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Base Year
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2024
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Forecast Years
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2025-2033
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Historical Years
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2019-2024
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Market Size in 2024 | USD 804.1 Million |
Market Forecast in 2033 | USD 1,077.0 Million |
Market Growth Rate (2025-2033) | 3.3% |
Growing Adoption of Energy-Efficient Motors
The rising focus on energy conservation is driving the demand for energy-efficient industrial motors in India. Government initiatives like the Perform, Achieve, and Trade (PAT) scheme and the adoption of IE3 and IE4 motors are encouraging industries to shift toward high-efficiency systems. IE3 motors offer about 20% lower losses compared to IE2 motors, while IE4 motors further reduce losses by an additional 20%. However, IE3 and IE4 motors currently constitute only around 18% of total motor production. Transitioning from IE2 to IE3 motors as the minimum standard could result in annual savings exceeding 1 terawatt-hour (TWh), while upgrading directly to IE4 motors could save up to 2.1 TWh annually. Additionally, industries are integrating Variable Frequency Drives (VFDs) with motors to enhance performance while minimizing energy wastage, reinforcing the long-term shift toward sustainability and cost-effectiveness.
Rising Demand for Smart and Connected Motors
The industrial sector is witnessing a surge in demand for smart and connected motors due to advancements in Industrial Internet of Things (IIoT) technologies. These motors come equipped with sensors and remote monitoring capabilities, enabling real-time performance tracking and predictive maintenance. The integration of artificial intelligence (AI) and cloud computing allows industries to optimize motor performance and reduce downtime, improving overall productivity. Sectors such as automotive, oil and gas, and textiles are adopting these solutions to enhance operational efficiency. The push toward automation and smart manufacturing in India’s industrial landscape is further accelerating the adoption of connected motors, ensuring enhanced control, diagnostics, and predictive analytics for seamless industrial operations.
Increasing Electrification in Industrial Applications
The growing shift toward electrification in industrial operations is significantly driving demand for industrial motors in India. As industries transition from conventional mechanical and hydraulic systems, electric motors are becoming essential in applications such as conveyor belts, pumps, compressors, and robotics. Additionally, the rising adoption of renewable energy and electric mobility is fueling demand across sectors like wind energy and electric vehicle (EV) manufacturing. Government initiatives such as ‘Make in India’ are further promoting domestic production of industrial motors. Notably, electric motors and motor-driven systems account for approximately 70% of industrial electricity consumption, highlighting their critical role in industrial efficiency. With rapid industrialization and infrastructure growth, the integration of electric motors in diverse applications continues to expand, reinforcing their importance in India's evolving industrial landscape.
IMARC Group provides an analysis of the key trends in each segment of the market, along with forecasts at the region level for 2025-2033. Our report has categorized the market based on type of motor, voltage, and end user.
Type of Motor Insights:
The report has provided a detailed breakup and analysis of the market based on the type of motors. This includes alternating current (AC) motor, direct current (DC) motor, and others.
Voltage Insights:
A detailed breakup and analysis of the market based on the voltage have also been provided in the report. This includes low voltage, medium voltage, and high voltage.
End User Insights:
The report has provided a detailed breakup and analysis of the market based on the end user. This includes oil and gas, power generation, mining and metals, water and wastewater management, chemicals and petrochemicals, discrete manufacturing, and others.
Regional Insights:
The report has also provided a comprehensive analysis of all the major regional markets, which include North, South, East, and West India.
The market research report has also provided a comprehensive analysis of the competitive landscape. Competitive analysis such as market structure, key player positioning, top winning strategies, competitive dashboard, and company evaluation quadrant has been covered in the report. Also, detailed profiles of all major companies have been provided.
Report Features | Details |
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Base Year of the Analysis | 2024 |
Historical Period | 2019-2024 |
Forecast Period | 2025-2033 |
Units | Million USD |
Scope of the Report |
Exploration of Historical Trends and Market Outlook, Industry Catalysts and Challenges, Segment-Wise Historical and Future Market Assessment:
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Type of Motors Covered | Alternating Current (AC) Motor, Direct Current (DC) Motor, Others |
Voltages Covered | Low Voltage, Medium Voltage, High Voltage |
End Users Covered | Oil and Gas, Power Generation, Mining and Metals, Water and Wastewater Management, Chemicals and Petrochemicals, Discrete Manufacturing, Others |
Regions Covered | North India, South India, East India, West India |
Customization Scope | 10% Free Customization |
Post-Sale Analyst Support | 10-12 Weeks |
Delivery Format | PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |
Key Questions Answered in This Report:
Key Benefits for Stakeholders: