India Industrial Automation Market Segmentation by Type (Fixed, Programmable, and Flexible Automation); by Component (Industrial Sensors, Industrial Robots, Industrial 3D Printers, Machine Vision Systems, Field Instruments, Vibration Monitoring); by Technology (SCADA, DCS, PLC, MES, PAC, HMI); by End-User (Oil & Gas, Metals & Mining, Semiconductor & Electronics, Automotive & Transportation, Machine Manufacturing, Food & Beverages, Chemicals)-Demand Analysis & Opportunity Outlook 2020-2025

India Industrial Automation Market Highlights Over 2020 - 2025

The India industrial automation market is estimated to garner a revenue of USD 6624.1 Million by the end of 2025 by growing at a CAGR of 12.9% over the forecast period, i.e., 2021 – 2025. Moreover, in the year 2020, the market in the country registered a revenue of USD 3760.4 Million. The growth of the market can be attributed to the increasing focus of the government of the nation to support the adoption of industrial automation, and for the rising adoption of industrial robotics. The Government of India, over the past few years have taken several initiatives, such as SAMARTH Udyog Bharat 4.0, Make in India, improving ‘Ease of Doing Business’ and others to promote the industrial sector. As the nation moves forward towards the adoption of Industry 4.0, and industrial internet of things (IIoT), the transformation in the industrial sector is anticipated to witness manifold growth. Additionally, several industrial sectors, such as automotive, pharmaceutical, and several manufacturing organizations are increasingly adopting industrial robots so as to increase their process efficiency and also to reduce operational costs. Industrial robots also help to provide enhanced worker safety by eliminating monotonous, repetitive and hazardous activities. Besides this, the growing manufacturing sector, construction industry, as well as other end-user industries are also expected to boost the market growth in the coming years. According to the statistics by the National Investment Promotion & Facilitation Agency of the Government of India, the construction industry in India is projected to reach USD 1.4 Trillion by 2025. Moreover, till June 2021, under the Smart Cities Mission, a total of 2734 projects had been completed out of the 5956 projects.

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The market is also anticipated to grow on account of the growing foreign direct investments (FDIs) across different industrial sectors in the nation, and for the growing economy of the country. According to the statistics by the Department for Promotion of Industry and International Trade (DPIIT), between April 2000 and June 2021, the cumulative FDI inflows in the manufacturing subsectors amounted to USD 100.35 Billion. Additionally, according to the statistics by the India Brand Equity Foundation (IBEF), the Government of India (GOI) increased FDI in the defense manufacturing sector under the automatic route in May 2020 from 49% to 74%. On the other hand, according to the statistics by the World Bank, the gross domestic product (GDP) in current US$ in India grew from USD 1.676 Trillion in the year 2010 to USD 2.871 Trillion in the year 2019.

Growth Drivers and Challenges Impacting the Growth of the India Industrial Automation Market

Growth Drivers

• Growing Manufacturing Sector in the Country

• Increasing Supportive Policies Developed by the Government

• Rise in Adoption of Industrial Robotics

Challenges

• High Capital Expenditure and Maintenance Cost

India Industrial Automation Market Segmentation Synopsis

The India industrial automation market is segmented by type into fixed automation, programmable automation, and flexible automation. Out of these, the fixed automation segment is anticipated to garner the largest market revenue of USD 2556.9 Million by the end of 2025, up from a revenue of USD 1507.9 Million in the year 2020. By component, the market is further segmented into industrial sensors, industrial robots, industrial 3D printers, machine vision systems, field instruments, vibration monitoring, and others. Out of these, the industrial robots segment is anticipated to garner the largest revenue of USD 1702.4 Million by the end of 2025, up from a revenue of USD 913.8 Million in the year 2020. By technology, the market is segmented into supervisory control & data acquisition (SCADA), distributed control system (DCS), programmable logic controllers (PLC), manufacturing execution systems (MES), programmable automation controller (PAC), human-machine interface (HMI), and others. Out of these, the supervisory control & data acquisition (SCADA) segment is anticipated to garner the largest revenue of USD 1232.1 Million by the end of 2025. By end-user, the market is segmented into oil & gas, aerospace & defense, metals & mining, semiconductors & electronics, automotive & transportation, machine manufacturing, pharmaceuticals, food & beverages, chemicals, and others. Out of these, the automotive & transportation segment is anticipated to garner the largest revenue of USD 1086.4 Million by the end of 2025, up from a revenue of USD 609.2 Million in the year 2020.

Key Companies Dominating the Market

Our report has covered detailed company profiling comprising company overview, business strategies, key product offerings, financial performance, key performance indicators, risk analysis, recent developments, regional presence, and SWOT analysis among other notable indicators for competitive positioning. Some of the prominent industry leaders in the India industrial automation market that are included in our report are Siemens AG, Endress+Hauser Group Services AG, ABB Ltd., Schneider Electric, Enpro Industrial Automation Pvt. Ltd., General Electric, ifm electronic India Pvt. Ltd., B&R Industrial Automation Pvt. Ltd., Mitsubishi Electric Corporation, Rockwell Automation, Inc., and others.

Latest Developments in the India Industrial Automation Market:

• September 16^th, 2021: B&R Industrial Automation Pvt. Ltd. announced the launch of a new PLC family: X20 Embedded which can be integrated in a 55mm housing. The new PLC is equipped with powerful Atom processors and can be deployed in applications with short cycle times.

• December 9^th, 2021: ifm electronic India Pvt. Ltd. announced a technology partnership with the world’s leading manufacturer of machine tools, Deckel Maho Glidemeister MORI. The partnership is aimed at developing new innovative products for both the companies.

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• The report covers detailed analysis comprising market share attained by each market segment and its sub-segments.

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