According to 6Wresearch, India Electric Motors Market size is projected to grow at a CAGR of 5.9% during 2020-2026. “the industrial sector is the biggest contributor to the overall electric motors market of India. Recent initiatives by the government of India in the form of 100% FDI approval in the ESDM (Electronic System Design and Manufacturing Sector) would bring further surge in the industrial sector of the country. Additionally, setting up of new residential and commercial units in the country would complement the demand for consumer electronic and electric products, thereby escalating the demand for electric motors during the forecast period across such sectors.
Check our press release: India
Electric Motors Market
The report provides an in-depth analysis with 19 figures and 6
tables covered in more than 80 pages. The report estimates and forecast the
overall India electric motors market by types, voltage, power capacity,
sectors, and regions. The report provides an unbiased and detailed analysis of
the on-going trends, opportunities/high growth areas and market drivers which
would help the stakeholders to devise and align their market strategies
according to the current and future market dynamics.
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