India Industrial Automation Market Size (2024 - 2029)

The India Industrial Automation Market is poised for significant growth, driven by advancements in technology such as the Industrial Internet of Things and Industry 4.0, which are transforming the industrial sector through smart factory automation. This market expansion is further supported by the increasing adoption of automated equipment in various industries, including healthcare and pharmaceuticals, as India’s manufacturing sector continues to grow. However, the high costs associated with the installation and maintenance of automation systems, coupled with rapid technological changes, pose challenges to widespread adoption. The impact of the COVID-19 pandemic, which disrupted industrial activities and supply chains, has also influenced the market dynamics.

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Market Size of India Industrial Automation Industry

India Industrial Automation Market Summary
Study Period 2019 - 2029
Base Year For Estimation 2023
Market Size (2024) USD 15.12 Billion
Market Size (2029) USD 29.43 Billion
CAGR (2024 - 2029) 14.26 %
Market Concentration Low

Major Players

India Industrial Automation Market Major Players

*Disclaimer: Major Players sorted in no particular order

India Industrial Automation Market Analysis

The India Industrial Automation Market size is estimated at USD 15.12 billion in 2024, and is expected to reach USD 29.43 billion by 2029, growing at a CAGR of 14.26% during the forecast period (2024-2029).

Industrial automation refers to using control systems, like robots, computers, and information technologies, to handle several processes and machinery in an industry to replace human beings. It is the second step past mechanization in the scope of industrialization.

  • The Industrial Internet of Things and Industry 4.0 is at the center of the latest technological approaches for the evolution, production, and management of the complete logistics chain, also known as smart factory automation, and are dominating the trends in the industrial sector with machinery and devices being connected via the internet.
  • Labeling equipment is a crucial component for production lines in several industries. In addition to the basic structure, the machines also feature an automatic label feeder to keep track of label length and retrieve it as the product changes size. These features are beneficial in reducing downtime, increasing productivity, and reducing costs.
  • Moreover, The adoption of automated equipment in the healthcare industry is expected to grow, owing to the growing manufacturing sectors in India. Major trends, such as the growth of private healthcare providers, the expansion of drug manufacturing companies, and the rollout of universal healthcare, are expected to shape the pharmaceutical industry in the future.
  • The installation and acquisition cost of an automation system for an intelligent factory represents approximately half of the total cost during its lifetime. Further, the frequent changes in networking and technology result in substantial cost increases, which is more than the initial investment, further restraining the adoption of industrial automation in India
  • The COVID-19 outbreak and lockdown restrictions worldwide severely affected industrial activities. The effects of the lockdown include labor shortages, disruptions in the supply chain, lack of availability of raw materials utilized in the manufacturing process, fluctuating prices that could force the production of the final product to increase and go beyond budget, shipping problems, etc.

India Industrial Automation Industry Segmentation

Industrial automation refers to the use of control systems, such as computers or robots, and information technologies for handling different processes and machinery in an industry to replace human beings. It is the second step beyond mechanization in the scope of industrialization.

India's Industrial Automation Market 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.

By Type of Solution
Automated Material Handling Solutions
Hardware
Conveyor/Sortation Systems
Automated Storage and Retrieval System (AS/RS)
Mobile Robots (Automated Guided Vehicles and Autonomous Mobile Robots)
Automatic Identification and Data Capture (AIDC)
Software - Warehouse Management System (WMS)/ Warehouse Control System (WCS)
Factory Automation Solutions
Industrial Control Systems
DCS
SCADA
PLC
HMI
Other Control Systems
Field Devices
Sensors and Transmitters
Electric AC Drives
Servo Motors
Computer Numerical Control (CNC) Machines
Inverters
Industrial Robots
Other Factory Automation Solutions
Software
Manufacturing Execution System (MES)
Product Lifecycle Management (PLM)
Other Types
By End-user
Automated Material Handling Market
Manufacturing
Non-manufacturing
General Merchandise
Healthcare
FMCG/Non-durable Goods
Other End-Users
Factory Automation Market
Food and Beverage
Pharmaceutical
Automotive
Textiles
Power
Oil and Gas
Petrochemicals and Fertilizers
Other End-Users
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India Industrial Automation Market Size Summary

The India industrial automation market is poised for significant growth, driven by advancements in technology and increasing adoption across various sectors. Industrial automation, which involves the use of control systems like robots and computers to manage industrial processes, is becoming integral to enhancing efficiency and productivity. The market is witnessing a shift towards smart factory automation, influenced by the Industrial Internet of Things and Industry 4.0 trends. These technologies enable the connectivity of machinery and devices through the internet, optimizing the logistics chain. The healthcare sector is also expected to see a rise in automated equipment adoption, spurred by the expansion of manufacturing sectors and private healthcare providers in India. However, the high installation and acquisition costs, along with frequent technological changes, pose challenges to widespread adoption.

The automotive industry stands out as a key sector driving the demand for industrial automation in India. The shift towards electric vehicles and the need for efficient production facilities are encouraging automakers to adopt automated assembly lines. This trend is further supported by government initiatives like the Automotive Mission Plan and production-linked incentive schemes, which aim to bolster the automotive market. The competitive landscape of the industrial automation market in India is marked by the presence of major players such as ABB Limited, Mitsubishi Electric, and Grey Orange Pte Ltd, who are actively engaging in product innovations and strategic partnerships. Recent developments, such as the launch of advanced automated systems and acquisitions, highlight the ongoing efforts to enhance factory-automation solutions and optimize industrial processes.

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India Industrial Automation Market Size - Table of Contents

  1. 1. MARKET INSIGHTS

    1. 1.1 Market Overview

    2. 1.2 Industry Attractiveness - Porter's Five Forces Analysis

      1. 1.2.1 Bargaining Power of Suppliers

      2. 1.2.2 Bargaining Power of Buyers

      3. 1.2.3 Threat of New Entrants

      4. 1.2.4 Threat of Substitutes

      5. 1.2.5 Intensity of Competitive Rivalry

    3. 1.3 Industry Value Chain Analysis

    4. 1.4 Assessment of the Impact of COVID-19 on the Industry

  2. 2. MARKET SEGMENTATION

    1. 2.1 By Type of Solution

      1. 2.1.1 Automated Material Handling Solutions

        1. 2.1.1.1 Hardware

          1. 2.1.1.1.1 Conveyor/Sortation Systems

          2. 2.1.1.1.2 Automated Storage and Retrieval System (AS/RS)

          3. 2.1.1.1.3 Mobile Robots (Automated Guided Vehicles and Autonomous Mobile Robots)

          4. 2.1.1.1.4 Automatic Identification and Data Capture (AIDC)

        2. 2.1.1.2 Software - Warehouse Management System (WMS)/ Warehouse Control System (WCS)

      2. 2.1.2 Factory Automation Solutions

        1. 2.1.2.1 Industrial Control Systems

          1. 2.1.2.1.1 DCS

          2. 2.1.2.1.2 SCADA

          3. 2.1.2.1.3 PLC

          4. 2.1.2.1.4 HMI

          5. 2.1.2.1.5 Other Control Systems

        2. 2.1.2.2 Field Devices

          1. 2.1.2.2.1 Sensors and Transmitters

          2. 2.1.2.2.2 Electric AC Drives

          3. 2.1.2.2.3 Servo Motors

          4. 2.1.2.2.4 Computer Numerical Control (CNC) Machines

          5. 2.1.2.2.5 Inverters

          6. 2.1.2.2.6 Industrial Robots

          7. 2.1.2.2.7 Other Factory Automation Solutions

        3. 2.1.2.3 Software

          1. 2.1.2.3.1 Manufacturing Execution System (MES)

          2. 2.1.2.3.2 Product Lifecycle Management (PLM)

          3. 2.1.2.3.3 Other Types

    2. 2.2 By End-user

      1. 2.2.1 Automated Material Handling Market

        1. 2.2.1.1 Manufacturing

        2. 2.2.1.2 Non-manufacturing

          1. 2.2.1.2.1 General Merchandise

          2. 2.2.1.2.2 Healthcare

          3. 2.2.1.2.3 FMCG/Non-durable Goods

          4. 2.2.1.2.4 Other End-Users

      2. 2.2.2 Factory Automation Market

        1. 2.2.2.1 Food and Beverage

        2. 2.2.2.2 Pharmaceutical

        3. 2.2.2.3 Automotive

        4. 2.2.2.4 Textiles

        5. 2.2.2.5 Power

        6. 2.2.2.6 Oil and Gas

        7. 2.2.2.7 Petrochemicals and Fertilizers

        8. 2.2.2.8 Other End-Users

India Industrial Automation Market Size FAQs

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.

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

India Industrial Automation Market Report Snapshots

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