Motors Market in India 2011
Motors in India can be broadly divided into two types - Fractional Horse Power (FHP) motors and Integral Horse Power (IHP) motors. The focus area of the report is only on the IHP Motor segment which is a part of the electrical equipment industry. This sector has also seen growth along with the overall growth in the electrical equipment industry. The industrial demand of motors in India used for varied purposes is increasing rapidly in India which proves to be a boon for the players. Motors in the form of low tension (LT), high tension (HT) and DC motors are used in various applications across major industrial sectors like steel, cement, textile, pharmaceuticals, power etc. Indian economy is experiencing an upward trend and as such the overall industries are growing. This phenomenon is favourable for the players in the market. Growing attention on infrastructure and urban development projects are also going to fuel growth in the market. Players in the market are however facing a challenge owing to the increasing raw material prices and emerging threat form the unorganized players especially in the LT motor segment.
The report begins with an introduction of the electrical motors in India. It gives a clear differentiation between the various types of motors and provides a brief overview about the types of motors functional in India. The market overview section provides an insight into the IHP motor market and includes the market size and growth of IHP motors on the basis of volume and value. Market segmentation on the basis of types of motors is highlighted. Segmented market size and growth figures are also included to give a clear overview about the same. The type of Horse Power (HP) ratings available in the organized market with respect to the various types of IHP motors is also included. A brief overview about the Fractional Horse Power (FHP) motor market is also highlighted with market size and growth in both volume and value. It also highlights the market segmentation of the same.
An analysis of the drivers explains the factors for growth of the industry including growth in important sectors, growth in power sector and huge opportunity in replacement segment. The key challenges include increase in raw material prices and competition from unorganized players.
The competition section provides an overview of the competitive landscape in the industry along with market share of players in LT and HT motors segment. It includes the segmentation of the market on the basis of organized and unorganized players with respect to the various types of motors in volume as well as value. It includes a brief profile of the major players in the market including their financials.Market Analysis
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Motors Market in India 2011
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