Industrial Automation Market Trends, Key Players in India

Training Programs by Automation Companies and Encouragement for Sustainable Development have been major trends in the industry

Factory automation market in India has been majorly driven by the swift adoption of modern technologies. The increase in adoption of Information and Communications Technology has encouraged the use of industrial automation across various industries and sectors. This has changed the working scenario and procedures for all the industrial sectors significantly and resulted in a positive impact on the development and faster growth in the manufacturing sector in the economy. The increase in growth was also due to increase in literacy rate in India and understanding the basic functioning and working of computers.

In the recent arena, computer has become an indispensible part of automation practices in the world, as Computer Integrated Manufacturing (CIM) virtually controls the entire process of designing a component, forming and machining stage and finally creating a component. Therefore, to bridge the gap between present day curriculum and demands of automation industry, several companies such as Larsen & Tourbo, Hindustan Motors and others have started their own automation training centers in the country. There has been a surge in the adoption rate of industrial automation practices. This is primarily to stay ahead of the competition. But ultimately, industrial automation ensures sustainable development. Innovations and developments in precision machinery, mechanical systems and robotics and integration with modern equipments and software are driving the automation market.

In addition to stay ahead of competition and increase their market share, automation technologies help manufacturers to increase their production speed along with efficient utilization of resources including both natural & human resources, enhance product quality, lower emissions & energy consumption, thereby ensuring sustainable development. Industrial automation product manufacturers invest heavily to expand their current portfolio of products and devices according to recent innovations in the automation sector. New products help manufacturers to expand their business and attract new customers. Companies also focus on providing quality after sales services. After sales services is also attributed to be one of the biggest deciding factors of the automation products. This presents an opportunity for new entrants to establish businesses.

“In the future, industrial robots will be multifunctional such that the same robot will be able to undertake several industrial tasks and therefore can be put to different uses. They will have the ability to work independently and make decisions with the help of artificial intelligence. Moreover, the industrial automation market is anticipated to be positively impacted with the expansion of 3D printing in the areas of industrial automation. The 3D printing technology has been primarily applied to create small plastic models and prototypes. -According to the research report ‘Indian Industrial Automation Market Outlook to 2020– Growth Driven by Rapid Adoption of Modern Technology backed by Cost Saving Features by Ken Research.

The report provides detailed overview on the Industrial Automation industry and helps readers to identify the ongoing trends in the industry and anticipated growth in future depending upon changing industry dynamics in coming years. This report will help industry consultants, automation product manufacturers, system integrators, automation distributors, industrial units and other stakeholders to align their market centric strategies according to ongoing and expected trends in the future.

Key Topics Covered in the Industrial Automation Report:

Industrial Automation Market in India

Comparative Analysis of India Industrial Automation Market with Developed Countries
Market Size by Revenue
Factory Automation Market Size by Revenues
Process Automation Market Size by Revenues
Market Segmentation by
- Products
- Applications
- Industrial Network
- Industrial Scale
- Imported and Domestic Procurement
Market Share in Process Automation
Market Share in Factory Automation
Company Profiles
Trends and Development
SWOT Analysis
Major Challenges
Entry Barriers
Growth Drivers
Cost Required to Automate a Sugar Plant in India
Business Model
Entry Barriers
Future Outlook
Macro Economic Parameters

Products Covered in the Report

Process Automation

Factory Automation

Control Devices

Industrial Network

Industrial Robotics

Wired/Wireless Network

Switches

Sensors/Chipsets

Programmable Logic Controller (PLC)

Distributed Control System (DCS)

Supervisory Control & Data Acquisition (SCADA)

Companies Covered in the Report

ABB

Siemens

Honeywell

Emerson

Rockwell

Mitsubishi

Yokogawa

Delta

Omron

Schneider Electric

India Retail Automation Market Outlook to 2019 – Driven by increase in FDI, Elevated Local Production and Demand from Small-Scale Retailers

India Logistics and Warehousing Industry Outlook to 2019 – Driven by E-commerce Logistics and Make in India initiative

Contact Us:
Ken Research
Ankur Gupta, Head Marketing & Communications
Ankur@kenresearch.com
+91-9015378249

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