Industrial Automation and Instrumentation Market in India by Product and End-user - Forecast and Analysis 2021-2025

  • Published: Nov 2021
  • Pages: 120
  • SKU: IRTNTR41572
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The industrial automation and instrumentation market share in India is expected to increase by USD 1.92 billion from 2020 to 2025, and the market’s growth momentum will accelerate at a CAGR of 8.62%.

This industrial automation and instrumentation market research report of India provides valuable insights on the post COVID-19 impact on the market, which will help companies evaluate their business approaches. Furthermore, this report extensively covers the industrial automation and instrumentation market segmentation in India by product (industrial automation and industrial instrumentation) and end-user (process industry and discrete industry). The industrial automation and instrumentation market report of India also offers information on several market vendors, including ABB Ltd., Eaton Corp. Plc, Emerson Electric Co., General Electric Co., Honeywell International Inc., Robert Bosch GmbH, Rockwell Automation Inc., Schlumberger Ltd., Schneider Electric SE, and Siemens AG among others.

What will the Industrial Automation and Instrumentation Market Size in India be During the Forecast Period?

Download the Free Report Sample to Unlock the Industrial Automation and Instrumentation Market Size in India for the Forecast Period and Other Important Statistics

 

Industrial Automation and Instrumentation Market in India: Key Drivers and Trends

Based on our research output, there has been a neutral impact on the market growth during and post COVID-19 era. The simplification of manufacturing through automation is notably driving the industrial automation and instrumentation market growth in India, although factors such as cyber security threats may impede the market growth. Our research analysts have studied the historical data and deduced the key market drivers and the COVID-19 pandemic impact on the industrial automation and instrumentation industry in India. The holistic analysis of the drivers will help in deducing end goals and refining marketing strategies to gain a competitive edge.

Key Industrial Automation and Instrumentation Market Driver in India

One of the key factors driving growth in the industrial automation and instrumentation market in India is the simplification of manufacturing through automation. Over the past years, automation in manufacturing has been transforming the factory floor and economics of many manufacturing sectors. Advancements in robotics, artificial intelligence, and machine learning are enabling machines to outperform humans in a range of work capabilities that require cognitive capabilities. Some of the advantages of automation manufacturing include an increase in labor productivity, low labor cost, elimination of routine work, high work safety, high product quality, and a decrease in lead time. As automated systems can easily adapt to operational changes, it reduces the time taken to collect data and increases the efficiency of the overall production process

Key Industrial Automation and Instrumentation Market Challenge in India

The cybersecurity threats will be a major challenge for the industrial automation and instrumentation market in India during the forecast period. The process and discrete industries are migrating toward complete automation by using smart manufacturing technologies. The adoption of IIoT and connected technologies have eased the operation process, but they have increased the risks of cybersecurity in operational processes. Hackers exploit confidential corporate information by attacking classified networks within organizations. Industries such as medical devices, consumer durables, and automotive industries production processes are very sensitive. With the growing number of product patents and high volume of confidential data, it is becoming very difficult for discrete industrial operators to adopt automated devices and the Internet of Things (IoT) due to the looming threat of cyber-attacks. Cybercrime in India is rising due to loopholes and complications of new technological platforms, which is a threat to the industrial automation and instrumentation market in India.

This industrial automation and instrumentation market in India analysis report also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. The actionable insights on the trends and challenges will help companies evaluate and develop growth strategies for 2021-2025.

Who are the Major Industrial Automation and Instrumentation Market Vendors in India?

The report analyzes the market’s competitive landscape and offers information on several market vendors, including:

 

  • ABB Ltd.
  • Eaton Corp. Plc
  • Emerson Electric Co.
  • General Electric Co.
  • Honeywell International Inc.
  • Robert Bosch GmbH
  • Rockwell Automation Inc.
  • Schlumberger Ltd.
  • Schneider Electric SE
  • Siemens AG

 

This statistical study of the industrial automation and instrumentation market in India encompasses successful business strategies deployed by the key vendors. The industrial automation and instrumentation market in India is fragmented and the vendors are deploying various organic and inorganic growth strategies to compete in the market.

To make the most of the opportunities and recover from post COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

The industrial automation and instrumentation market forecast report of India offers in-depth insights into key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies. 

What are the Revenue-generating Product Segments in the Industrial Automation and Instrumentation Market in India?

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The industrial automation and instrumentation market share growth in India by the industrial automation segment will be significant during the forecast period. The industrial automation market in India is mainly driven by the business imperative to use resources efficiently, improve productivity, and optimize plant operations. Government regulations that seek to control carbon dioxide emissions by limiting power consumption and the need to minimize wastage of raw material are also driving this market.

This report provides an accurate prediction of the contribution of all the segments to the growth of the industrial automation and instrumentation market size in India and actionable market insights on post COVID-19 impact on each segment.

 

Industrial Automation and Instrumentation Market Scope in India

Report Coverage

Details

Page number

120

Base year

2020

Forecast period

2021-2025

Growth momentum & CAGR

Accelerate at a CAGR of 8.62%

Market growth 2021-2025

$ 1.92 billion

Market structure

Fragmented

YoY growth (%)

8.04

Regional analysis

India

Competitive landscape

Leading companies, Competitive strategies, Consumer engagement scope

Key companies profiled

ABB Ltd., Eaton Corp. Plc, Emerson Electric Co., General Electric Co., Honeywell International Inc., Robert Bosch GmbH, Rockwell Automation Inc., Schlumberger Ltd., Schneider Electric SE, and Siemens AG

Market dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, Market condition analysis for the forecast period

Customization purview

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What are the Key Data Covered in this Industrial Automation and Instrumentation Market Report of India?

  • CAGR of the market during the forecast period 2021-2025
  • Detailed information on factors that will drive industrial automation and instrumentation market growth in India during the next five years
  • Precise estimation of the industrial automation and instrumentation market size in India and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behavior
  • A thorough analysis of the market’s competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of industrial automation and instrumentation market vendors in India

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Executive Summary

    Market Landscape

    • Market ecosystem
    • Value chain analysis

    Market Sizing

    • Market definition
    • Market segment analysis
    • Market size 2020
    • Market outlook: Forecast for 2020 - 2025

    Five Forces Analysis

    • Bargaining power of buyers
    • Bargaining power of suppliers
    • Threat of new entrants
    • Threat of substitutes
    • Threat of rivalry
    • Market condition

    Market Segmentation by Product

    • Market segments
    • Comparison by Product
    • Industrial automation - Market size and forecast 2020-2025
    • Industrial instrumentation - Market size and forecast 2020-2025
    • Market opportunity by Product

    Market Segmentation by End-user

    • Market segments
    • Comparison by End-user
    • Process industry - Market size and forecast 2020-2025
    • Discrete industry - Market size and forecast 2020-2025
    • Market opportunity by End-user

    Customer landscape

    • Market drivers
    • Market challenges
    • Market trends

    Vendor Landscape

    • Vendor landscape
    • Landscape disruption

    Vendor Analysis

    • Vendors covered
    • Market positioning of vendors
    • ABB Ltd.
    • Eaton Corp. Plc
    • Emerson Electric Co.
    • General Electric Co.
    • Honeywell International Inc.
    • Robert Bosch GmbH
    • Rockwell Automation Inc.
    • Schlumberger Ltd.
    • Schneider Electric SE
    • Siemens AG

    Appendix

    • Scope of the report
    • Currency conversion rates for US$
    • Research methodology
    • List of abbreviations

    Research Framework

    Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

    TechnavioINFORMATION SOURCES

    Primary sources

    • Manufacturers and suppliers
    • Channel partners
    • Industry experts
    • Strategic decision makers

    Secondary sources

    • Industry journals and periodicals
    • Government data
    • Financial reports of key industry players
    • Historical data
    • Press releases
    Technavio

    TechnavioDATA ANALYSIS

    Data Synthesis

    • Collation of data
    • Estimation of key figures
    • Analysis of derived insights

    Data Validation

    • Triangulation with data models
    • Reference against proprietary databases
    • Corroboration with industry experts
    Technavio

    TechnavioREPORT WRITING

    Qualitative

    • Market drivers
    • Market challenges
    • Market trends
    • Five forces analysis

    Quantitative

    • Market size and forecast
    • Market segmentation
    • Geographical insights
    • Competitive landscape
    Interested in this report?
    Get your FREE sample now!
    The industrial automation and instrumentation market growth will increase by $1917.39 million during 2020-2025.
    The industrial automation and instrumentation market is expected to grow at a CAGR of 8.62% during 2020-2025.
    Technavio has segmented the industrial automation and instrumentation market by product (Industrial automation and Industrial instrumentation) ,end user (Process industry, Discrete industry, Algeria, Andorra, and Aruba) , and geographic (North America, Romania, Algeria, Andorra, and Aruba).
    ABB Ltd., Eaton Corp. Plc, Emerson Electric Co., General Electric Co., Honeywell International Inc., Robert Bosch GmbH, Rockwell Automation Inc., Schlumberger Ltd., Schneider Electric SE, Siemens AG are a few of the key vendors in the industrial automation and instrumentation market.
    Aruba will register the highest growth rate of 49.52% among the other regions. Therefore, the industrial automation and instrumentation market in Aruba is expected to garner significant business opportunities for the vendors during the forecast period.
    The key factors driving the industrial automation and instrumentation market growth are:
    • Simplification of manufacturing through automation
    • Growing need for edge computing
    The industrial automation and instrumentation market vendors should focus on grabbing business opportunities from the industrial automation segment as it accounted for the largest market share in the base year.
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