Opportunities Preloader

Please Wait.....

Report

India AC Drives Market Growth Analysis - Forecast Trends and Outlook (2025-2034)

Market Report I 2025-07-28 I 107 Pages I EMR Inc.

The India AC drives market is expected to grow at a CAGR of 8.93% in the forecast period of 2025-2034.

Rising Demand for Low Power AC Drives to Spearhead the Growth of the India AC Drives Industry

Based on power rating, the low power drives (<40 kW) segment is predicted to hold a significant market share in the India AC drives industry. This can be attributed to the increased implementation of low power AC drives owing to the heightened demand for AC motors in automation and other industrial applications.

Meanwhile, based on voltage, the heightened demand for low voltage AC drives is expected to further aid the market growth. The low cost and increased usage of this type in both low and medium-power applications is driving the segment growth. These factors are expected to contribute to the overall market growth in the forecast period.

Increasing Demand for Automation to Provide Lucrative Opportunities for the AC Drives Industry Growth in India

On the basis of end use, the automation industry is estimated to hold a substantial share of the India AC drives industry. This can be attributed to the rapid technological improvements and the growing acceptance of technology in the region, which is expected to drive the demand for AC drives in the automation industry. Moreover, the expanding oil and gas and energy sectors in the region, with the heightened demand for heavy machinery, is also expected to positively impact the industry growth in the forecast period.

AC Drives: Market Segmentation

AC drives, also known as adjustable speed drives or adjustable frequency drives, are devices that help in controlling the speed of an electrical motor. This aids in enhancing the process control while also reducing the energy requirements of the device. AC drives provide accurate control of the motor in a low maintenance compact size. Furthermore, the drives can also be used to convert energy from natural and renewable resources like sun and wind.

By product type, the market is bifurcated into:

- Low Voltage Drives
- Medium Voltage Drives
- Soft Starter

On the basis of power rating, the market can be divided into:

- Low Power Drives
- Medium Power Drives
- High Power Drives

Based on applications, the market can be segmented into:

- Compressor
- Conveyors
- Fans
- Extruders
- Pumps
- Others

On the basis of end use, the market can be distributed into:

- Transportation and Infrastructure
- Metal Processing
- Chemical
- Solar System
- Power
- Oil and Gas
- Others

Market Breakup by Region:

- North India
- East India
- South India
- West India

Increased Demand for Energy Conservation Solutions and the Rapid Industrialisation to Drive the India AC Drives Industry Growth

The rising population, growing urbanisation, and increasing demand for housing and other commercial and industrial infrastructure facilities in the country are driving the demand for energy. This has led to a heightened application of AC drives in the energy sector. Moreover, with the increasing disposable income and improved living standards, consumers are actively investing in appliances such as HVAC and quality refrigerators and washing machines, which is estimated to bolster the market growth in the coming years. Furthermore, the rapid technological advancements are also expected to aid the industry growth. Additionally, growing government investments in energy optimisation strategies and energy conservation solutions, fuelled by the escalating eco-consciousness amid the rising pollution levels, are predicted to aid the market growth in India.

Key Industry Players in the India AC Drives Market

The report gives a detailed analysis of the following key players in the India AC drives market, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:

- ABB India Ltd
- Siemens Limited
- Danfoss A/S
- Hitachi Hi-Rel Power Electronics Private Limited
- Yaskawa India Private Limited
- Rockwell Automation Inc.
- Schneider Electric SE
- Kirloskar Electric Company Ltd.
- Amtech Electronics India Limited
- Delta Electronics, Inc.
- CG Power & Industrial Solutions Ltd.
- Fuji Electric India Pvt Ltd
- Shenzhen INVT Electric Co Ltd
- Inovance Technology Pvt, Ltd
- Mitsubishi Electric India Pvt. Ltd.
- Others

The comprehensive EMR report provides an in-depth assessment of the industry based on the Porter's five forces model and SWOT analysis.

1 Executive Summary
1.1 Market Size 2024-2025
1.2 Market Growth 2025(F)-2034(F)
1.3 Key Demand Drivers
1.4 Key Players and Competitive Structure
1.5 Industry Best Practices
1.6 Recent Trends and Developments
1.7 Industry Outlook
2 Market Overview and Stakeholder Insights
2.1 Market Trends
2.2 Key Verticals
2.3 Key Regions
2.4 Supplier Power
2.5 Buyer Power
2.6 Key Market Opportunities and Risks
2.7 Key Initiatives by Stakeholders
3 Economic Summary
3.1 GDP Outlook
3.2 GDP Per Capita Growth
3.3 Inflation Trends
3.4 Democracy Index
3.5 Gross Public Debt Ratios
3.6 Balance of Payment (BoP) Position
3.7 Population Outlook
3.8 Urbanisation Trends
4 Country Risk Profiles
4.1 Country Risk
4.2 Business Climate
5 India AC Drives Market Analysis
5.1 India AC Drives Historical Market (2018-2024)
5.2 India AC Drives Market Forecast (2025-2034)
5.3 India AC Drives Market by Product Type
5.3.1 Low Voltage Drives
5.3.1.1 Historical Trend (2018-2024)
5.3.1.2 Forecast Trend (2025-2034)
5.3.2 Medium Voltage Drives
5.3.2.1 Historical Trend (2018-2024)
5.3.2.2 Forecast Trend (2025-2034)
5.3.3 Soft Starter
5.3.3.1 Historical Trend (2018-2024)
5.3.3.2 Forecast Trend (2025-2034)
5.4 India AC Drives Market by Power Rating
5.4.1 Low Power Drives
5.4.1.1 Historical Trend (2018-2024)
5.4.1.2 Forecast Trend (2025-2034)
5.4.2 Medium Power Drives
5.4.2.1 Historical Trend (2018-2024)
5.4.2.2 Forecast Trend (2025-2034)
5.4.3 High Power Drives
5.4.3.1 Historical Trend (2018-2024)
5.4.3.2 Forecast Trend (2025-2034)
5.5 India AC Drives Market by Application
5.5.1 Compressor
5.5.1.1 Historical Trend (2018-2024)
5.5.1.2 Forecast Trend (2025-2034)
5.5.2 Conveyors
5.5.2.1 Historical Trend (2018-2024)
5.5.2.2 Forecast Trend (2025-2034)
5.5.3 Fans
5.5.3.1 Historical Trend (2018-2024)
5.5.3.2 Forecast Trend (2025-2034)
5.5.4 Extruders
5.5.4.1 Historical Trend (2018-2024)
5.5.4.2 Forecast Trend (2025-2034)
5.5.5 Pumps
5.5.5.1 Historical Trend (2018-2024)
5.5.5.2 Forecast Trend (2025-2034)
5.5.6 Others
5.6 India AC Drives Market by End Use
5.6.1 Transportation and Infrastructure
5.6.1.1 Historical Trend (2018-2024)
5.6.1.2 Forecast Trend (2025-2034)
5.6.2 Metal Processing
5.6.2.1 Historical Trend (2018-2024)
5.6.2.2 Forecast Trend (2025-2034)
5.6.3 Chemical
5.6.3.1 Historical Trend (2018-2024)
5.6.3.2 Forecast Trend (2025-2034)
5.6.4 Solar System
5.6.4.1 Historical Trend (2018-2024)
5.6.4.2 Forecast Trend (2025-2034)
5.6.5 Power
5.6.5.1 Historical Trend (2018-2024)
5.6.5.2 Forecast Trend (2025-2034)
5.6.6 Oil and Gas
5.6.6.1 Historical Trend (2018-2024)
5.6.6.2 Forecast Trend (2025-2034)
5.6.7 Others
5.7 India AC Drives Market by Region
5.7.1 North India
5.7.2 East India
5.7.3 South India
5.7.4 West India
6 Regional Analaysis
6.1 North India
6.1.1 Historical Trend (2018-2024)
6.1.2 Forecast Trend (2025-2034)
6.2 East India
6.2.1 Historical Trend (2018-2024)
6.2.2 Forecast Trend (2025-2034)
6.3 South India
6.3.1 Historical Trend (2018-2024)
6.3.2 Forecast Trend (2025-2034)
6.4 West India
6.4.1 Historical Trend (2018-2024)
6.4.2 Forecast Trend (2025-2034)
7 India LV Drive System Market Analysis
7.1 India LV Drive System Historical Market (2018-2024)
7.2 India LV Drive System Market Forecast (2025-2034)
7.3 India LV Drive System Market by Type
7.4 India LV Drive System Market by Application
7.5 India LV Drive System Market by Rating
8 Market Dynamics
8.1 SWOT Analysis
8.1.1 Strengths
8.1.2 Weaknesses
8.1.3 Opportunities
8.1.4 Threats
8.2 Porter's Five Forces Analysis
8.2.1 Supplier's Power
8.2.2 Buyer's Power
8.2.3 Threat of New Entrants
8.2.4 Degree of Rivalry
8.2.5 Threat of Substitutes
8.3 Key Indicators for Demand
8.4 Key Indicators for Price
9 Competitive Landscape
9.1 Supplier Selection
9.2 Key Global Players
9.3 Key Regional Players
9.4 Key Player Strategies
9.5 Company Profiles
9.5.1 ABB India Ltd
9.5.1.1 Company Overview
9.5.1.2 Product Portfolio
9.5.1.3 Demographic Reach and Achievements
9.5.1.4 Certifications
9.5.2 Siemens Limited
9.5.2.1 Company Overview
9.5.2.2 Product Portfolio
9.5.2.3 Demographic Reach and Achievements
9.5.2.4 Certifications
9.5.3 Danfoss A/S
9.5.3.1 Company Overview
9.5.3.2 Product Portfolio
9.5.3.3 Demographic Reach and Achievements
9.5.3.4 Certifications
9.5.4 Hitachi Hi-Rel Power Electronics Private Limited
9.5.4.1 Company Overview
9.5.4.2 Product Portfolio
9.5.4.3 Demographic Reach and Achievements
9.5.4.4 Certifications
9.5.5 Yaskawa India Private Limited
9.5.5.1 Company Overview
9.5.5.2 Product Portfolio
9.5.5.3 Demographic Reach and Achievements
9.5.5.4 Certifications
9.5.6 Rockwell Automation Inc.
9.5.6.1 Company Overview
9.5.6.2 Product Portfolio
9.5.6.3 Demographic Reach and Achievements
9.5.6.4 Certifications
9.5.7 Schneider Electric SE
9.5.7.1 Company Overview
9.5.7.2 Product Portfolio
9.5.7.3 Demographic Reach and Achievements
9.5.7.4 Certifications
9.5.8 Kirloskar Electric Company Ltd.
9.5.8.1 Company Overview
9.5.8.2 Product Portfolio
9.5.8.3 Demographic Reach and Achievements
9.5.8.4 Certifications
9.5.9 Amtech Electronics India Limited
9.5.9.1 Company Overview
9.5.9.2 Product Portfolio
9.5.9.3 Demographic Reach and Achievements
9.5.9.4 Certifications
9.5.10 Delta Electronics, Inc.
9.5.10.1 Company Overview
9.5.10.2 Product Portfolio
9.5.10.3 Demographic Reach and Achievements
9.5.10.4 Certifications
9.5.11 CG Power & Industrial Solutions Ltd.
9.5.11.1 Company Overview
9.5.11.2 Product Portfolio
9.5.11.3 Demographic Reach and Achievements
9.5.11.4 Certifications
9.5.12 Fuji Electric India Pvt Ltd
9.5.12.1 Company Overview
9.5.12.2 Product Portfolio
9.5.12.3 Demographic Reach and Achievements
9.5.12.4 Certifications
9.5.13 Shenzhen INVT Electric Co Ltd
9.5.13.1 Company Overview
9.5.13.2 Product Portfolio
9.5.13.3 Demographic Reach and Achievements
9.5.13.4 Certifications
9.5.14 Inovance Technology Pvt, Ltd
9.5.14.1 Company Overview
9.5.14.2 Product Portfolio
9.5.14.3 Demographic Reach and Achievements
9.5.14.4 Certifications
9.5.15 Mitsubishi Electric India Pvt. Ltd.
9.5.15.1 Company Overview
9.5.15.2 Product Portfolio
9.5.15.3 Demographic Reach and Achievements
9.5.15.4 Certifications
9.5.16 Others

  • Not Sure / Need Reassuring
    • Confirm Content
      • Content is provided by our partners and every effort is made to make Market Report details as clear as possible. If you are not sure the exact content you require is included in this study you can Contact us to double check. To do this you can:

        Use the ‘? ASK A QUESTION’ below the license / prices and to the right of this box. This will come directly to our team who will work on dealing with your request as soon as possible.

        Write to directly on support@scotts-international.com with details. Please include as much information as possible including the name of report or link so our staff will be able to work on you request.

        Telephone us directly on 0048 603 394 346 and an experienced member of team will be on hand to answer.

    • Sample Pages
      • With the vast majority of our partners we can obtain Sample Pages to support your decision. This is something we can arrange without revealing your personal details.

        It is important to note that we will not be able to provide you the exact data or statistics such as Market Size and Forecasts. Sample pages usually confirm the layout or the Categories included in Charts and Graphs, excluding specific data.

        To ask for Sample Pages by contact us through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346.

    • Check for Alternatives
      • Whilst we try to make our online platform as easy to use as possible there is always the possibility that a better alternative has not been found in your search.

        To avoid this possibility Contact us through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346 and a Senior Team Member can review your requirements and send a list of possibilities with opinions and recommendations.

  • Prices / Formats / Delivery
    • Prices
      • All prices are set by our partners and should be exactly the same as those listed on their own websites. We work on a Revenue share basis ensuring that you never pay more than what is offered elsewhere.

        Should you find the price cheaper on another platform we recommend you to Contact us as we should be able to match this price. You can Contact us though through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346.

    • Discounts
      • As we work in close partnership with our Partners from time to time we can secure discounts and assist with negotiations, this is part of our personalised service to you.

        Discounts can sometimes be arranged for speedily placed orders; multiple report purchases or Higher License purchases.

        To check if a Discount is possible please Contact our experienced team through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346.

    • Available Currencies
      • Most Market Reports on our platform are listed in USD or EURO based on the wishes of our Partners. To avoid currency fluctuations and potential price differentiations we do not offer the possibility to change the currency online.

        Should you wish to pay in a different currency to that advertised online we do accept payments in USD, EURO, GBP and PLN. The price will be calculated based on the relevant exchange rate taken from our National Bank.

        To pay in a different above currency to that advertised online please Contact our team and a quotation will be sent within a couple of hours with payment details.

    • Licenses
      • License options vary from Partner to Partner as is usually based on the number of Users that will benefitting from the report. It is very important that License ordered is not breached as this could have potential negative consequences for you individually or your employer.

        If you have questions or need confirmation about the specific license we recommend you to Contact us and a detailed explanation will be provided.

    • Global Site License
      • The Global Site License is the most comprehensive license available. By selecting this license, the Market Report can be shared with other ‘Allowed Users’ and any other member of staff from the same organisation regardless of geographic location.

        It is important to note that this may exclude Parent Companies or Subsidiaries.

        If you have questions or need confirmation about the specific license we recommend you to Contact us and a detailed explanation will be provided.

    • Formats
      • The most common format is PDF, however in certain circumstances data may be present in Excel format or Online, especially in the case of Database or Directories. In addition, for certain higher license options a CD may also be provided.

        If you have questions or need clarification about the specific formats we recommend you to Contact us and a detailed explanation will be provided.

    • Delivery
      • Delivery is fulfilled by our partners directly. Once an order has been placed we inform the partner by sharing the delivery email details given in the order process.

        Delivery is usually made within 24 hours of an order being placed, however it may take longer should your order be placed prior to the weekend or if otherwise specified on the Market Report details page. Additionally, if details have been not fully completed in the Order process a delay in delivery is possible.

        If a delay in delivery is expected you will be informed about it immediately.

    • Shipping Charges
      • As most Market Reports are delivered in PDF format we almost never have to add additional Shipping Charges. If, however you are ordering a Higher License service or a specific delivery format (e.g. CD version) charges may apply.

        If you are concerned about additional Shipping Charges we recommend you to Contact us to double check.

  • Ordering
    • By Credit Card
      • We work in Partnership with PayU to ensure payments are made securely in a fast and effortless way. PayU is the e-payments division of Naspers.

        Naspers operates in over 133 International Markets and ranks 3rd Globally in terms of the number of e-commerce customers served.

        For more information on PayU please visit: https://www.payu.pl/en/about-us

    • By Money Transfer
      • If you require an invoice prior to payment, this is possible. To ensure a speedy delivery of the Market Report we require all relevant company details and you agree to maximum payment terms of 30 days from receipt of order.

        With our regular clients deliver of the Market Report can be made prior to receiving payment, however in some circumstances we may ask for payment to be received before arranging for the Market Report to be delivered.

  • Security
    • Website security
      • We have specifically partnered with leading International companies to protect your privacy by using different technologies and processes to ensure security.

        Everything submitted to Scotts International is encrypted via SSL (Secure Socket Layer) and all personal information provided to Scotts International is stored on computer systems with limited access in controlled environments.

    • Credit Card Security
      • We partner with PayU (https://www.payu.pl/en/about-us) to ensure all credit card payments are made securely in a fast and effortless way.

        PayU offers 250+ various payment channels and eWallet services across 4 continents allowing buyers to pay electronically, whether on a computer or a mobile device.

PLEASE SELECT LICENSE