How big is the India Industrial Automation Market?

The India Industrial Automation Market size is expected to reach USD 15.12 billion in 2024 and grow at a CAGR of 14.26% to reach USD 29.43 billion by 2029. Read More

What is the current India Industrial Automation Market size?

In 2024, the India Industrial Automation Market size is expected to reach USD 15.12 billion. Read More

Who are the key players in India Industrial Automation Market?

Daifuku India Private Limited, Space Magnum Equipment Private Limited, Godrej Koerber Supply Chain Limited, Kardex India Storage Solutions Private Limited (Kardex Holding Ag) and Armstrong Ltd are the major companies operating in the India Industrial Automation Market. Read More

What years does this India Industrial Automation Market cover, and what was the market size in 2023?

In 2023, the India Industrial Automation Market size was estimated at USD 12.96 billion. The report covers the India Industrial Automation Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the India Industrial Automation Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029. Read More

Industrial Automation Market in India - Size & Industry Growth Report

India Industrial Automation Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

The Report Covers Industrial Automation Companies in India and the Market is is Segmented by Type of Solution (Automated Material Handling Solutions (Hardware (Conveyor/Sortation Systems, Automated Storage and Retrieval Systems (AS/RS), Mobile Robots, and Automatic Identification and Data Capture (AIDC))) and Software - Warehouse Management Systems (WMS)/Warehouse Control Systems (WCS)), by Factory Automation Solutions (Industrial Control Systems DCS, SCADA, PLC, and HMI), Field Devices (Sensors and Transmitters, Electric AC Drives, Servo Motors, Computer Numerical Control (CNC) Machines, Inverters, and Industrial Robots), and Software (Manufacturing Execution System (MES) and Product Lifecycle Management (PLM) (Tools, Digital Manufacturing))), and by End User (Automated Material Handling Market (Manufacturing and Non-Manufacturing (General Merchandise, Healthcare, and FMCG/Non-Durable Goods)) and Factory Automation Market (Food and Beverage, Pharmaceutical, Automotive, Textiles, Power, Oil and Gas, Petrochemicals, and Fertilizers)). The Market Sizes and Forecasts are Provided in Terms of Value (USD) for all the Above Segments.

India Industrial Automation Industry Overview

India's industrial automation market is competitive due to multiple players, such as BHEL, ABB Limited, Grey Orange Pte Ltd, and Kardex India Storage Solutions Pvt. Ltd, Mitsubishi Electric, and more. Players adopt product innovations, partnerships, mergers, and acquisitions to increase their market shares and recyclability, further driving the market.

June 2023 - The Schaefer Systems International Pvt. Ltd launched a fully automated piece-picking system with numerous innovative features the SSI Piece Picking application. This versatile solution includes dedicated smart software and boasts advanced functions such as object recognition using artificial intelligence (AI), pick-and-place, patented gripping point determination, and extremely gentle product handling.
June 2023 -Mitsubishi Electric announced that its wholly owned subsidiary ICONICS, Inc., has formally agreed to completely acquire ICONICS UK, Ltd., which sells supervisory control and data acquisition (SCADA)1 software and develops related cloud applications. Mitsubishi Electric and ICONICS plan to leverage ICONICS UK's technology and to establish a Circular Digital-Engineering business model for factory-automation solutions that optimize factory equipment and systems