India Brushless Dc Motor Market Size & Outlook, 2023-2030
India brushless dc motor market, 2017-2030 (US$M)
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India brushless dc motor market highlights
- The India brushless dc motor market generated a revenue of USD 1,435.7 million in 2023 and is expected to reach USD 2,344.0 million by 2030.
- The India market is expected to grow at a CAGR of 7.3% from 2024 to 2030.
- In terms of segment, less than 750 watts was the largest revenue generating power output in 2023.
- Less than 750 Watts is the most lucrative power output segment registering the fastest growth during the forecast period.
Brushless dc motor market data book summary
| Market revenue in 2023 | USD 1,435.7 million |
| Market revenue in 2030 | USD 2,344.0 million |
| Growth rate | 7.3% (CAGR from 2023 to 2030) |
| Largest segment | Less than 750 watts |
| Fastest growing segment | Less than 750 Watts |
| Historical data | 2017 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Less than 750 Watts, 750 Watts to 2.99 kW, 3 kW – 75 kW, Above 75 kW |
| Key market players worldwide | ABB Ltd, AMETEK Inc, Johnson Controls International PLC, Nidec Corp, Allied Motion Technologies, WorldWide Electric Corporation, Schneider Electric SE, Regal Rexnord Corp, Siemens AG, MinebeaMitsumi, Oriental Motor USA, TECO Electric & Machinery Co. Ltd. |
Other key industry trends
- In terms of revenue, India accounted for 7.2% of the global brushless dc motor market in 2023.
- Country-wise, China is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China brushless dc motor market is projected to lead the regional market in terms of revenue in 2030.
- China is the fastest growing regional market in Asia Pacific and is projected to reach USD 8,029.7 million by 2030.
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Brushless DC Motor Market Scope
Brushless DC Motor Market Companies
| Name | Profile | # Employees | HQ | Website |
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India brushless dc motor market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to brushless dc motor market will help companies and investors design strategic landscapes.
Less than 750 watts was the largest segment with a revenue share of 47.92% in 2023. Horizon Databook has segmented the India brushless dc motor market based on less than 750 watts, 750 watts to 2.99 kw, 3 kw – 75 kw, above 75 kw covering the revenue growth of each sub-segment from 2017 to 2030.
- India Brushless DC Motor Power Output Outlook (Revenue, USD Million, 2017-2030)
- Less than 750 Watts
- 750 Watts to 2.99 kW
- 3 kW – 75 kW
- Above 75 kW
- India Brushless DC Motor End-Use Outlook (Revenue, USD Million, 2017-2030)
- Industrial Machinery
- Motor Vehicles
- HVAC Equipment
- Aerospace & Transportation
- Household Appliances
- Others
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Horizon Databook provides a detailed overview of country-level data and insights on the India brushless dc motor market , including forecasts for subscribers. This country databook contains high-level insights into India brushless dc motor market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
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India brushless dc motor market size, by power output, 2017-2030 (US$M)
India Brushless DC Motor Market Outlook Share, 2023 & 2030 (US$M)
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