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Written by Shalu Dhama » Updated on: November 04th, 2024
According to TechSci Research report, “India Factory Automation Market - By Region, Competition, Forecast and Opportunities, 2029”, The India factory automation market is poised for robust growth during the forecast period from 2025 to 2029. Factory automation plays a crucial role in enhancing efficiency and productivity across various manufacturing sectors such as automotive, aerospace, and electronics by automating manual processes.
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Key drivers of this market growth include the rising demand for automation solutions in manufacturing, driven by a strong focus on energy efficiency and productivity enhancement. The adoption of Industry 4.0 technologies like Internet of Things (IoT), cloud computing, and artificial intelligence (AI) further propels market expansion in India. The market is categorized into electrical automation, process automation, robotics, and discrete automation, with electrical automation currently holding the largest market share due to increasing demand for electric motors, drives, and related equipment. Process automation is anticipated to grow at the highest rate, fueled by the need for advanced automation in process control systems.
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Leading players in the India factory automation market include ABB India, Siemens India, Schneider Electric India, Rockwell Automation India, and Honeywell Automation India, which are actively focusing on technological advancements and strategic partnerships to strengthen their market positions.
The Indian government has initiated several programs such as Make in India, Digital India, and Skill India to promote market growth. These initiatives aim to improve infrastructure and create a conducive environment for manufacturing companies, including tax reductions for automation firms.
The market is segmented by type into fixed automation, programmable automation, flexible automation, and integrated automation. Programmable automation systems, known for their flexibility and adaptability, dominate this segment due to their ability to meet dynamic manufacturing process requirements.
Technologically, the market includes supervisory control and data acquisition (SCADA), programmable automation controller (PAC), programmable logic controller (PLC), distributed control system (DCS), and human-machine interface (HMI).
End-user industries driving market demand encompass manufacturing, energy & power, automotive, logistics, and others, each contributing to the market's regional segmentation across East India, West India, North India, and South India.
Key market players like ABB India Ltd, Siemens Ltd, and Schneider Electric India Pvt. Ltd are pivotal in shaping the India factory automation landscape, leveraging advancements in automation technologies to bolster operational efficiencies and drive sector-wide growth.
Overall, with increasing adoption across diverse industries and supportive government initiatives, the India factory automation market is set for significant expansion, poised to transform manufacturing capabilities and drive economic growth in the region.
Key market players in the India factory automation market include:
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“India's factory automation market is expected to grow considerably in the coming years as the country's manufacturing industry continues to expand. With the emergence of Industry 4.0, automation has become a priority for many Indian companies to reduce their costs and increase efficiency. Growth in the factory automation market is driven by the increasing demand for improved efficiency, cost reduction, and productivity. The increasing adoption of industrial robots and automation technologies in India is helping to reduce labor costs, increase product quality and reduce the time spent in production. With the help of automated technologies, production and operational costs can be reduced significantly. Additionally, the increasing use of automation technologies in the country can help speed up the production process, which can help to improve the overall efficiency of the manufacturing sector. The Indian government has also taken several initiatives to promote the adoption of automation technologies in the manufacturing sector such as the Make in India initiative. Additionally, the government has provided tax incentives and subsidies to promote the use of automation technologies in the manufacturing sector. Overall, the factory automation market in India is expected to experience steady growth in the coming years. The country’s manufacturing sector is expected to benefit from the adoption of automation technologies as it can help to improve the efficiency and productivity of the sector. The increasing demand for automation technologies in the country is likely to continue to drive the growth of the factory automation market in India” said Mr. Karan Chechi, Research Director with TechSci Research, a research based global management consulting firm.
“India Factory Automation Market By Type (Fixed Automation, Programmable Automation, Flexible Automation, and Integrated Automation), By Technology (Supervisory Control and data Acquisition (SCADA), Programmable Automation Controller (PAC), Programmable Logic Controller (PLC), Distributed Control System (DCS), and Human Machine Interface (HMI)), By End-User Industry (Manufacturing, Energy & Power, Automotive, Logistics, and Others), By Region, Competition Forecast and Opportunities, 2029”, has assessed the India factory automation market's future development potential and provides data and information on market size, structure, and projected market growth. The report's goal is to give current market knowledge and assist decision makers in making informed investment decisions. Furthermore, the study identifies and analyses emerging trends, as well as key drivers, constraints, and opportunities in the India factory automation market.
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