Global India Industrial Automation Industry Overview
Industrial automation is the process of replacing human workers in an industry by using control systems, such as computers, robots, and information technology, to operate various machines and processes. In the context of industrialization, it is the second phase after mechanization.With machinery and devices connected to the internet, the Industrial Internet of Things and Industry 4.0 are at the forefront of the most recent technological approaches for the development, production, and management of the entire logistics chain. This is also referred to as smart factory automation, and it is dictating the trends in the industrial sector. In many sectors, labeling equipment is an essential part of production lines. Along with the fundamental design, the machines have an automatic label feeder that measures the label's length and retrieves it as the product's dimensions change. These characteristics help to lower expenses, boost production, and decrease downtime.
Furthermore, because India's manufacturing sectors are expanding, it is anticipated that the healthcare sector would embrace more automated technology. Future developments in the pharmaceutical sector are anticipated to be influenced by significant trends, including the rise of private healthcare providers, the growth of pharmaceutical manufacturing firms, and the implementation of universal healthcare.
Growth Drivers for the India Industrial Automation Market
Government Initiatives
Government programs like "Digital India" and "Make in India" are essential for advancing automation and manufacturing throughout the nation. The "Make in India" movement seeks to increase domestic output and draw in international capital while creating an atmosphere that supports cutting-edge technologies. "Digital India" is focused on improving digital infrastructure and encouraging the adoption of technology across a range of industries. Collectively, these programs push sectors to spend money on automation solutions, increasing productivity and competitiveness and establishing India as a major base for manufacturing worldwide in the digital era.Technological advancements
Automation capabilities across a range of industries are being greatly improved by technological developments in robotics, the Internet of Things (IoT), and artificial intelligence (AI). Through the facilitation of real-time data analysis, predictive maintenance, and enhanced decision-making processes, these technologies enable operations to be smarter and more efficient. While IoT devices enable smooth connection between machinery and systems, robotics automates monotonous jobs. By examining data trends and permitting autonomous operations, AI further streamlines workflows. These technologies are working together to revolutionize industrial processes, increase production, and improve overall operational efficiency.India Industrial Automation Market Overview by Regions
The market for industrial automation in India is growing in several important regions, with North and South India leading the way because of their industrial hubs and technological uptake. West India comes in second, propelled by the expansion of manufacturing. While rural areas gradually adopt automation, East India is growing and concentrating on modernization, improving market dynamics overall. An overview of the market by region is given below:North India Industrial Automation Market
A strong manufacturing base and an increasing focus on modernization have made North India a major player in the industrial automation market. Important states like Haryana, Punjab, and Uttar Pradesh are home to a variety of sectors, including as food processing, automotive, and textiles, all of which are progressively implementing automation technology to increase efficiency and productivity. Government programs encouraging "Make in India," which result in investments in intelligent manufacturing, benefit the area. IoT and robotics developments are also being incorporated into operations. North India is well-positioned for further industrial automation growth as businesses look to cut costs and improve quality.South India Industrial Automation Market
With a varied industrial landscape that includes the automotive, electronics, and pharmaceutical industries, South India is a key player in the industrial automation industry. With significant manufacturing and IT sectors, states like Tamil Nadu, Karnataka, and Andhra Pradesh are important contributors. Due to the need for increased operational productivity and efficiency, the region is seeing large investments in automation technologies. Government programs, including "Make in India," also promote the use of automation. Furthermore, the incorporation of cutting-edge technologies like IoT and AI is revolutionizing conventional production procedures, establishing South India as a center for industrial automation innovation.India Industrial Automation Company Analysis
The major participants in the India Industrial Automation market includes Siemens AG, Honeywell International Inc., Mitsubishi Electric, Rockwell Automation, Schneider Electric, Bharat Heavy Electricals Limited (BHEL), ABB Ltd, etc.India Industrial Automation Company News
In June 2023, ABB India has been contracted to provide automation and electrification systems, including the ABB Ability System 800xA distributed control system (DCS) and associated equipment and supplies, to ArcelorMittal Nippon Steel India's (AM/NS India) advanced steel cold rolling mill (CRM) at Hazira, Gujarat. The contract at the flagship manufacturing plant is under the control of John Cockerill India Limited (JCIL), the project's original equipment manufacturer (OEM).In March 2023, during this year's ProMattradeshow, which took place from March 20-23, 2023, Bastian Solutions Private Limited displayed a variety of goods and presentations. A live system demonstration integrating various technologies, such as autonomous vehicles, Bastian Solutions SmartPicK AutoStore, Tompkins Robotics tSort, Bastian Solutions conveyor, and more, was showcased at the company's stand.
Component- Industry is divided into 3 viewpoints:
1. Hardware2. Software
3. Service
Hardware- Industry is divided into 7 viewpoints:
1. Industrial Sensors2. Machine Vision Systems
3. Field Instruments
4. Industrial Robots
5. Human machine Interface
6. Industrial PCs
7. Others
Software- Industry is divided into 6 viewpoints:
1. Manufacturing Execution System2. Industrial Safety
3. Plant Asset Management
4. Supervisory Control and Data Acquisition
5. Programmable Logic Controller
6. Distributed Control System
Service- Industry is divided into 4 viewpoints:
1. Project Engineering and Installation2. Maintenance and Support Services
3. Consulting Services
4. Operational Services
End User- Industry is divided into 10 viewpoints:
1. Manufacturing2. Food & Beverage
3. Healthcare
4. Automotive
5. Oil & Gas
6. Chemical
7. Energy & Utilities
8. Mining & Metal
9. Aerospace & Defense
10. Others
Regions- Industry is divided into 4 viewpoints:
1. North India2. South India
3. East India
4. West India
All companies have been covered with 4 Viewpoints
1. Overview2. Key Persons
3. Recent Development & Strategies
4. Revenue Analysis
Company Analysis
1. Siemens AG2. Honeywell International Inc.
3. Mitsubishi Electric
4. Rockwell Automation
5. Schneider Electric
6. Bharat Heavy Electricals Limited (BHEL)
7. ABB Ltd
Table of Contents
Companies Mentioned
- Siemens AG
- Honeywell International Inc.
- Mitsubishi Electric
- Rockwell Automation
- Schneider Electric
- Bharat Heavy Electricals Limited (BHEL)
- ABB Ltd
Methodology
In this report, for analyzing the future trends for the studied market during the forecast period, the publisher has incorporated rigorous statistical and econometric methods, further scrutinized by secondary, primary sources and by in-house experts, supported through their extensive data intelligence repository. The market is studied holistically from both demand and supply-side perspectives. This is carried out to analyze both end-user and producer behavior patterns, in the review period, which affects price, demand and consumption trends. As the study demands to analyze the long-term nature of the market, the identification of factors influencing the market is based on the fundamentality of the study market.
Through secondary and primary researches, which largely include interviews with industry participants, reliable statistics, and regional intelligence, are identified and are transformed to quantitative data through data extraction, and further applied for inferential purposes. The publisher's in-house industry experts play an instrumental role in designing analytic tools and models, tailored to the requirements of a particular industry segment. These analytical tools and models sanitize the data & statistics and enhance the accuracy of their recommendations and advice.
Primary Research
The primary purpose of this phase is to extract qualitative information regarding the market from the key industry leaders. The primary research efforts include reaching out to participants through mail, tele-conversations, referrals, professional networks, and face-to-face interactions. The publisher also established professional corporate relations with various companies that allow us greater flexibility for reaching out to industry participants and commentators for interviews and discussions, fulfilling the following functions:
- Validates and improves the data quality and strengthens research proceeds
- Further develop the analyst team’s market understanding and expertise
- Supplies authentic information about market size, share, growth, and forecast
The researcher's primary research interview and discussion panels are typically composed of the most experienced industry members. These participants include, however, are not limited to:
- Chief executives and VPs of leading corporations specific to the industry
- Product and sales managers or country heads; channel partners and top level distributors; banking, investment, and valuation experts
- Key opinion leaders (KOLs)
Secondary Research
The publisher refers to a broad array of industry sources for their secondary research, which typically includes, however, is not limited to:
- Company SEC filings, annual reports, company websites, broker & financial reports, and investor presentations for competitive scenario and shape of the industry
- Patent and regulatory databases for understanding of technical & legal developments
- Scientific and technical writings for product information and related preemptions
- Regional government and statistical databases for macro analysis
- Authentic new articles, webcasts, and other related releases for market evaluation
- Internal and external proprietary databases, key market indicators, and relevant press releases for market estimates and forecasts
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Table Information
Report Attribute | Details |
---|---|
No. of Pages | 100 |
Published | November 2024 |
Forecast Period | 2024 - 2033 |
Estimated Market Value ( USD | $ 14.18 Billion |
Forecasted Market Value ( USD | $ 39.65 Billion |
Compound Annual Growth Rate | 12.1% |
Regions Covered | India |
No. of Companies Mentioned | 7 |