PUBLISHER: Blueweave Consulting | PRODUCT CODE: 1658659
PUBLISHER: Blueweave Consulting | PRODUCT CODE: 1658659
India Industrial Automation Market, By Component; By Mode of Automation; By Vertical; By Region, Trend Analysis, Competitive Landscape & Forecast, 2019-2031
India Industrial Automation Market Zooming 2.7X to Reach USD 41 Billion by 2031
India Industrial Automation Market is booming primarily due to the synergistic impact of Industry 4.0 technologies, a burgeoning demand for enhanced operational efficiency and productivity, and the government's proactive support through initiatives like 'Make in India' and Production Linked Incentive (PLI) schemes.
BlueWeave Consulting, a leading strategic consulting and market research firm, in its recent study, estimated India Industrial Automation Market size by value at USD 15.1 billion in 2024. During the forecast period between 2025 and 2031, BlueWeave expects India Industrial Automation Market size to boom at a robust CAGR of 16.2% reaching a value of USD 40.8 billion by 2031. The growth of Industrial Automation Market in India is propelled by the convergence of Industry 4.0 and the Industrial Internet of Things (IIoT). The combination of advanced technologies is revolutionizing logistics and production through smart factory automation, where interconnected machinery and devices optimize operations in real-time. Within this landscape, labeling equipment plays a critical role, minimizing downtime and streamlining production processes. Furthermore, the burgeoning healthcare sector, fueled by private healthcare expansion, pharmaceutical growth, and government-led healthcare initiatives, is significantly accelerating the adoption of automation. These converging forces are collectively shaping the future of industrial automation in India, promising enhanced efficiency, productivity, and innovation across diverse sectors.
North Region Dominates India Industrial Automation Market
North India retains its dominant position in India's burgeoning Industrial Automation Market, a position it is poised to retain over the forecast period. This dominance stems from a robust manufacturing foundation and a resolute focus on modernization. Key industrial hubs like Haryana, Punjab, and Uttar Pradesh, home to diverse sectors such as food processing, automotive, and textiles, are increasingly embracing automation technologies to optimize efficiency and productivity. Government initiatives like 'Make in India' are catalyzing investments in smart manufacturing, further propelling regional growth. The convergence of IoT and robotics within industrial operations is accelerating this transformation. As businesses strive for cost reduction and enhanced quality, North India is well-positioned for sustained expansion in the industrial automation domain.
Impact of Escalating Geopolitical Tensions on India Industrial Automation Market
Intensifying geopolitical tensions could have a multifaceted impact on India Industrial Automation Market. Uncertainty in global trade and supply chains can disrupt the availability of critical components and raw materials for automation systems, leading to delays and increased costs. Additionally, trade restrictions and sanctions may hinder the import of advanced technologies, slowing down the adoption of automation in various industries. Political instability can also dampen investor confidence, resulting in reduced investments in automation infrastructure. This volatile environment may limit growth opportunities, forcing businesses to reconsider their automation strategies to mitigate risks and ensure operational continuity.
Competitive Landscape
India Industrial Automation Market is highly fragmented, with numerous players serving the market. Major companies dominating the market include Siemens AG, ABB Ltd, Space Magnum Equipment Pvt Ltd, Godrej Koerber Supply Chain Limited, Kardex India Storage Solutions Private Limited, Armstrong Ltd, Falcon Autotech Private Limited, Grey Orange India, Addverb Technologies Private Limited, and Hinditron Group. The key marketing strategies adopted by the players are facility expansion, product diversification, alliances, collaborations, partnerships, and acquisitions to expand their customer reach and gain a competitive edge over their competitors in India Industrial Automation Market.
The report's in-depth analysis provides information about growth potential, upcoming trends, and India Industrial Automation Market statistics. It also highlights the factors driving forecasts of total market size. The report promises to provide recent technology trends in India Industrial Automation Market along with industry insights to help decision-makers make sound strategic decisions. Furthermore, the report also analyses the growth drivers, challenges, and competitive dynamics of the market.
Table of Contents
1. Research Framework
- 1.1. Research Objective
- 1.2. Product Overview
- 1.3. Market Segmentation
2. Executive Summary
3. India Industrial Automation Market Insights
- 3.1. Industry Value Chain Analysis
- 3.2. DROC Analysis
- 3.2.1. Growth Drivers
- 3.2.1.1. Increasing adoption of Industry 4.0 and smart manufacturing solutions
- 3.2.1.2. Rising demand for cost efficiency and productivity in industrial operations
- 3.2.1.3. Government initiatives such as "Make in India" and PLI schemes supporting industrial growth
- 3.2.2. Restraints
- 3.2.2.1. High initial investment and implementation costs
- 3.2.2.2. Limited awareness and reluctance to adopt advanced automation technologies in SMEs
- 3.2.2.3. Lack of skilled workforce to operate and maintain automated systems
- 3.2.3. Opportunities
- 3.2.3.1. Integration of advanced technologies like AI, ML, and cloud computing
- 3.2.3.2. Expansion of automation in non-traditional sectors such as agriculture and healthcare
- 3.2.3.3. Growth in renewable energy and smart infrastructure projects
- 3.2.4. Challenges
- 3.2.4.1. Cybersecurity threats due to interconnected systems and IoT
- 3.2.4.2. High dependency on imports for advanced automation equipment
- 3.2.1. Growth Drivers
- 3.3. Technological Advancements/Recent Developments
- 3.4. Regulatory Framework
- 3.5. Porter's Five Forces Analysis
- 3.5.1. Bargaining Power of Suppliers
- 3.5.2. Bargaining Power of Buyers
- 3.5.3. Threat of New Entrants
- 3.5.4. Threat of Substitutes
- 3.5.5. Intensity of Rivalry
4. India Industrial Automation Market: Marketing Strategies
5. India Industrial Automation Market Overview
- 5.1. Market Size & Forecast, 2019-2031
- 5.1.1. By Value (USD Billion)
- 5.2. Market Share & Forecast
- 5.2.1. By Component
- 5.2.1.1. Hardware
- 5.2.1.2. Software
- 5.2.1.3. Service
- 5.2.2. By Mode of Automation
- 5.2.2.1. Semi-Automatic Systems
- 5.2.2.2. Fully Automatic Systems
- 5.2.3. By Vertical
- 5.2.3.1. Oil & Gas
- 5.2.3.2. Manufacturing
- 5.2.3.3. Automotive
- 5.2.3.4. Healthcare
- 5.2.3.5. Food & Beverages
- 5.2.3.6. Chemicals
- 5.2.3.7. Energy & Power
- 5.2.3.8. Metal & Mining
- 5.2.3.9. Others
- 5.2.4. By Region
- 5.2.4.1. North India
- 5.2.4.2. South India
- 5.2.4.3. East India
- 5.2.4.4. West India
- 5.2.1. By Component
6. North India Industrial Automation Market
- 6.1. Market Size & Forecast, 2019-2031
- 6.1.1. By Value (USD Billion)
- 6.2. Market Share & Forecast
- 6.2.1. By Component
- 6.2.2. By Mode of Automation
- 6.2.3. By Vertical
7. South India Industrial Automation Market
- 7.1. Market Size & Forecast, 2019-2031
- 7.1.1. By Value (USD Billion)
- 7.2. Market Share & Forecast
- 7.2.1. By Component
- 7.2.2. By Mode of Automation
- 7.2.3. By Vertical
8. East India Industrial Automation Market
- 8.1. Market Size & Forecast, 2019-2031
- 8.1.1. By Value (USD Billion)
- 8.2. Market Share & Forecast
- 8.2.1. By Component
- 8.2.2. By Mode of Automation
- 8.2.3. By Vertical
9. West India Industrial Automation Market
- 9.1. Market Size & Forecast, 2019-2031
- 9.1.1. By Value (USD Billion)
- 9.2. Market Share & Forecast
- 9.2.1. By Component
- 9.2.2. By Mode of Automation
- 9.2.3. By Vertical
10. Competitive Landscape
- 10.1. List of Key Players and Their Offerings
- 10.2. India Industrial Automation Company Market Share Analysis, 2024
- 10.3. Competitive Benchmarking, By Operation Channel Parameters
- 10.4. Key Strategic Development (Mergers, Acquisitions, Partnerships, etc.)
11. Impact of Escalating Geopolitical Tensions in India Industrial Automation Market
12. Company Profiles (Company Overview, Financial Matrix, Competitive Landscape, Key Personnel, Key Competitors, Contact Address, Strategic Outlook, and SWOT Analysis)
- 12.1. Siemens AG
- 12.2. ABB Ltd
- 12.3. Space Magnum Equipment Pvt Ltd
- 12.4. Godrej Koerber Supply Chain Limited
- 12.5. Kardex India Storage Solutions Private Limited
- 12.6. Armstrong Ltd
- 12.7. Falcon Autotech Private Limited
- 12.8. Grey Orange India
- 12.9. Addverb Technologies Private Limited
- 12.10. Hinditron Group
- 12.11. Other Prominent Players
13. Key Strategic Recommendations
14. Research Methodology
- 14.1. Qualitative Research
- 14.1.1. Primary & Secondary Research
- 14.2. Quantitative Research
- 14.3. Market Breakdown & Data Triangulation
- 14.3.1. Secondary Research
- 14.3.2. Primary Research
- 14.4. Breakdown of Primary Research Respondents, By Region
- 14.5. Assumption & Limitation
*Financial information of non-listed companies will be provided as per availability
**The segmentation and the companies are subjected to modifications based on in-depth secondary for the final deliverable
List of Figures
- Figure 1 India Industrial Automation Market Segmentation
- Figure 2 India Industrial Automation Market Value Chain Analysis
- Figure 3 Company Market Share Analysis, 2024
- Figure 4 India Industrial Automation Market Size, By Value (USD Billion), 2019-2031
- Figure 5 India Industrial Automation Market Share, By Component, By Value (USD Billion) 2019-2031
- Figure 6 India Industrial Automation Market Share, By Mode of Automation, By Value (USD Billion) 2019-2031
- Figure 7 India Industrial Automation Market Share, By Vertical, By Value (USD Billion) 2019-2031
- Figure 8 India Industrial Automation Market Share, By Region, By Value (USD Billion) 2019-2031
- Figure 9 North India Industrial Automation Market Size, By Value (USD Billion), 2019-2031
- Figure 10 North India Industrial Automation Market Share, By Component, By Value (USD Billion) 2019-2031
- Figure 11 North India Industrial Automation Market Share, By Mode of Automation, By Value (USD Billion) 2019-2031
- Figure 12 North India Industrial Automation Market Share, By Vertical, By Value (USD Billion) 2019-2031
- Figure 13 South India Industrial Automation Market Size, By Value (USD Billion), 2019-2031
- Figure 14 South India Industrial Automation Market Share, By Component, By Value (USD Billion) 2019-2031
- Figure 15 South India Industrial Automation Market Share, By Mode of Automation, By Value (USD Billion) 2019-2031
- Figure 16 South India Industrial Automation Market Share, By Vertical, By Value (USD Billion) 2019-2031
- Figure 17 East India Industrial Automation Market Size, By Value (USD Billion), 2019-2031
- Figure 18 East India Industrial Automation Market Share, By Component, By Value (USD Billion) 2019-2031
- Figure 19 East India Industrial Automation Market Share, By Mode of Automation, By Value (USD Billion) 2019-2031
- Figure 20 East India Industrial Automation Market Share, By Vertical, By Value (USD Billion) 2019-2031
- Figure 21 West India Industrial Automation Market Size, By Value (USD Billion), 2019-2031
- Figure 22 West India Industrial Automation Market Share, By Component, By Value (USD Billion) 2019-2031
- Figure 23 West India Industrial Automation Market Share, By Mode of Automation, By Value (USD Billion) 2019-2031
- Figure 24 West India Industrial Automation Market Share, By Vertical, By Value (USD Billion) 2019-2031
List of Tables
- Table 1 India Industrial Automation Market Size, By Value (USD Billion), 2019-2031
- Table 2 India Industrial Automation Market Share, By Component, By Value (USD Billion) 2019-2031
- Table 3 India Industrial Automation Market Share, By Mode of Automation, By Value (USD Billion) 2019-2031
- Table 4 India Industrial Automation Market Share, By Vertical, By Value (USD Billion) 2019-2031
- Table 5 India Industrial Automation Market Share, By Region, By Value (USD Billion) 2019-2031
- Table 6 North India Industrial Automation Market Size, By Value (USD Billion), 2019-2031
- Table 7 North India Industrial Automation Market Share, By Component, By Value (USD Billion) 2019-2031
- Table 8 North India Industrial Automation Market Share, By Mode of Automation, By Value (USD Billion) 2019-2031
- Table 9 North India Industrial Automation Market Share, By Vertical, By Value (USD Billion) 2019-2031
- Table 10 South India Industrial Automation Market Size, By Value (USD Billion), 2019-2031
- Table 11 South India Industrial Automation Market Share, By Component, By Value (USD Billion) 2019-2031
- Table 12 South India Industrial Automation Market Share, By Mode of Automation, By Value (USD Billion) 2019-2031
- Table 13 South India Industrial Automation Market Share, By Vertical, By Value (USD Billion) 2019-2031
- Table 14 East India Industrial Automation Market Size, By Value (USD Billion), 2019-2031
- Table 15 East India Industrial Automation Market Share, By Component, By Value (USD Billion) 2019-2031
- Table 16 East India Industrial Automation Market Share, By Mode of Automation, By Value (USD Billion) 2019-2031
- Table 17 East India Industrial Automation Market Share, By Vertical, By Value (USD Billion) 2019-2031
- Table 18 West India Industrial Automation Market Size, By Value (USD Billion), 2019-2031
- Table 19 West India Industrial Automation Market Share, By Component, By Value (USD Billion) 2019-2031
- Table 20 West India Industrial Automation Market Share, By Mode of Automation, By Value (USD Billion) 2019-2031
- Table 21 West India Industrial Automation Market Share, By Vertical, By Value (USD Billion) 2019-2031
- Table 22 Siemens AG Company Overview
- Table 23 Siemens AG Financial Overview
- Table 24 ABB Ltd Company Overview
- Table 25 ABB Ltd Financial Overview
- Table 26 Space Magnum Equipment Pvt. Ltd Company Overview
- Table 27 Space Magnum Equipment Pvt. Ltd Financial Overview
- Table 28 Godrej Koerber Supply Chain Limited Company Overview
- Table 29 Godrej Koerber Supply Chain Limited Financial Overview
- Table 30 Kardex India Storage Solutions Private Limited Company Overview
- Table 31 Kardex India Storage Solutions Private Limited Financial Overview
- Table 32 Armstrong Ltd Company Overview
- Table 33 Armstrong Ltd Financial Overview
- Table 34 Falcon Autotech Private Limited Company Overview
- Table 35 Falcon Autotech Private Limited Financial Overview
- Table 36 Grey Orange India Company Overview
- Table 37 Grey Orange India Financial Overview
- Table 38 Addverb Technologies Private Limited Company Overview
- Table 39 Addverb Technologies Private Limited Financial Overview
- Table 40 Hinditron Group Company Overview
- Table 41 Hinditron Group Financial Overview
