Ken Research Logo

India Motion Control Market Outlook to 2030

Region:Asia

Author(s):Meenakshi Bisht

Product Code:KROD7336

Published On

November 2024

Total pages

85

About the Report

India Motion Control Market Overview

  • The India motion control market, valued at USD 450 million, is driven by the rapid adoption of automation across various industries, including automotive, electronics, and manufacturing. The increasing demand for precision and efficiency in production processes has led to the integration of advanced motion control systems, thereby enhancing productivity and reducing operational costs.

India Motion Control Market size

  • Major industrial hubs such as Delhi-NCR, Mumbai, Pune, Bengaluru, and Chennai dominate the market due to their well-established manufacturing sectors and technological infrastructure. These cities host numerous automotive and electronics manufacturing plants, which are significant consumers of motion control systems, contributing to their market dominance.
  • India has stringent industrial safety standards that manufacturers must adhere to, especially in industries with high-risk machinery. Compliance with these safety regulations, governed by bodies such as the Directorate General Factory Advice Service & Labour Institutes (DGFASLI), necessitates precise and reliable motion control systems that can help prevent accidents and ensure worker safety. Motion control technologies are often integrated with safety features like emergency stops and automated shutdowns, making them essential for compliance in industrial environments.

India Motion Control Market Segmentation

By Component: The market is segmented by component into actuators & mechanical systems, drives, motors, motion controllers, sensors & feedback devices, and software & services. Among these, motors hold a dominant market share due to their critical role in converting electrical energy into mechanical motion, essential for various industrial applications. The widespread use of motors in sectors such as automotive and manufacturing underscores their significance in the motion control ecosystem.

India Motion Control Market Segmentation by Component

By Application: The market is segmented by application into metal cutting, metal forming, material handling, packaging & labeling, robotics, and others. Material handling applications dominate the market share, driven by the need for efficient and precise movement of materials within manufacturing facilities. The integration of motion control systems in material handling equipment enhances operational efficiency and safety, making it a critical application area.

India Motion Control Market Segmentation By Application

India Motion Control Market Competitive Landscape

The India motion control market is characterized by the presence of both global and local players, contributing to a competitive environment. Key companies include:

market overviews

India Motion Control Industry Analysis

Growth Drivers

  • Industrial Automation Adoption: India's industrial sector is increasingly embracing automation to enhance productivity and efficiency. The manufacturing sector in India contributes approximately 15% to 17% of the nation's GDP, depending on the source and year referenced. The goal of the "Make in India" initiative is to elevate this contribution to 25% by 2025, which aligns with your statement about the initiative's aims, further propelling the demand for advanced motion control systems integral to automation processes.
  • Expansion of Manufacturing Sector: The manufacturing sector in India is experiencing robust growth, with a focus on sectors such as automotive, electronics, and consumer goods. The automotive industry, for instance, produced over 4 million vehicles in the fiscal year 2023-2024, necessitating precise motion control systems for assembly lines and robotics. This expansion drives the demand for motion control solutions to ensure accuracy and efficiency in production processes.
  • Technological Advancements in Motion Control Systems: Advancements in motion control technology, such as the development of more efficient servo motors and controllers, have enhanced the precision and reliability of industrial machinery. The integration of Internet of Things (IoT) capabilities into motion control systems allows for real-time monitoring and predictive maintenance, reducing downtime and operational costs. These technological improvements are driving the adoption of advanced motion control solutions across various industries.

Market Challenges

  • High Initial Investment Costs: The adoption of advanced motion control systems demands a high initial capital outlay, which can be a hurdle, particularly for small and medium-sized enterprises (SMEs). These costs encompass not only the purchase of necessary hardware and software but also additional expenses associated with system integration and workforce training. This financial barrier may discourage companies from investing in new motion control technologies, potentially hindering the overall growth and modernization of the motion control market.
  • Skilled Workforce Shortage: Implementing sophisticated motion control systems requires a workforce proficient in automation and advanced control technologies. However, a shortage of skilled professionals in India limits the ability of industries to fully integrate these systems. While educational institutions are progressively introducing courses in automation, the existing skills gap remains a significant challenge for companies seeking to deploy and manage advanced motion control solutions effectively.

India Motion Control Market Future Outlook

Over the next five years, the India motion control market is expected to experience significant growth, driven by continuous advancements in automation technologies, increasing investments in manufacturing infrastructure, and supportive government policies promoting industrial modernization. The adoption of Industry 4.0 practices and the integration of IoT in manufacturing processes are anticipated to further propel market expansion.

Market Opportunities

  • Growth in Robotics and Automation: India's robotics industry is expanding rapidly, with applications across diverse sectors like manufacturing, healthcare, and logistics. Industrial robots, which rely on accurate motion control systems, are being adopted widely as companies aim to boost productivity and lower labor costs. This growing trend opens up considerable opportunities for the motion control market to establish a stronger presence and expand across multiple industries.
  • Increasing Demand in Automotive and Electronics Industries: The automotive and electronics sectors are primary consumers of motion control systems. As India continues to establish itself as a manufacturing hub for these industries, the demand for precise and dependable motion control solutions is growing. This rise in demand offers substantial growth potential for companies involved in the motion control market, providing opportunities for market expansion and innovation.

Scope of the Report

Component

Actuators & Mechanical Systems

Drives, Motors, Motion Controllers

Sensors & Feedback Devices

Software & Services

System Type

Open-Loop Systems

Closed-Loop Systems

Application

Metal Cutting

Metal Forming

Material Handling

Packaging & Labeling

Robotics

Others

End-Use Industry

Automotive

Aerospace & Defense

Electronics & Semiconductor

Food & Beverages

Medical

Printing & Paper

Pharmaceuticals & Cosmetics

Others

Region

North

South

East

West

Products

Key Target Audience

  • Automotive Manufacturers

  • Electronics and Semiconductor Companies

  • Industrial Equipment Manufacturers

  • Robotics and Automation Firms

  • Food and Beverage Processing Companies

  • Pharmaceutical and Medical Device Manufacturers

  • Government and Regulatory Bodies (e.g., Ministry of Heavy Industries, Department for Promotion of Industry and Internal Trade)

  • Investors and venture capital Firms

  • Banks and Financial Institutions

Companies

Players Mentioned in the Report

  • Siemens Ltd.

  • ABB India Ltd.

  • Schneider Electric India Pvt. Ltd.

  • Rockwell Automation India Pvt. Ltd.

  • Mitsubishi Electric India Pvt. Ltd.

  • Yaskawa India Pvt. Ltd.

  • Delta Electronics India Pvt. Ltd.

  • Bosch Rexroth (India) Pvt. Ltd.

  • Omron Automation Pvt. Ltd.

  • Parker Hannifin India Pvt. Ltd.

Table of Contents

1. India Motion Control Market Overview

1.1. Definition and Scope

1.2. Market Taxonomy

1.3. Market Growth Rate

1.4. Market Segmentation Overview

2. India Motion Control Market Size (In USD Mn)

2.1. Historical Market Size

2.2. Year-On-Year Growth Analysis

2.3. Key Market Developments and Milestones

3. India Motion Control Market Analysis

3.1. Growth Drivers

3.1.1. Industrial Automation Adoption

3.1.2. Expansion of Manufacturing Sector

3.1.3. Government Initiatives (e.g., 'Make in India')

3.1.4. Technological Advancements in Motion Control Systems

3.2. Market Challenges

3.2.1. High Initial Investment Costs

3.2.2. Skilled Workforce Shortage

3.2.3. Integration Complexities with Existing Systems

3.3. Opportunities

3.3.1. Growth in Robotics and Automation

3.3.2. Increasing Demand in Automotive and Electronics Industries

3.3.3. Emergence of Smart Factories and Industry 4.0

3.4. Trends

3.4.1. Integration of IoT with Motion Control Systems

3.4.2. Adoption of Energy-Efficient Solutions

3.4.3. Development of Compact and Modular Motion Control Components

3.5. Government Regulations

3.5.1. Industrial Safety Standards

3.5.2. Incentives for Automation and Technology Upgradation

3.5.3. Import-Export Policies Affecting Motion Control Equipment

3.6. SWOT Analysis

3.7. Stakeholder Ecosystem

3.8. Porters Five Forces Analysis

3.9. Competitive Landscape

4. India Motion Control Market Segmentation

4.1. By Component (In Value %)

4.1.1. Actuators & Mechanical Systems

4.1.2. Drives

4.1.3. Motors

4.1.4. Motion Controllers

4.1.5. Sensors & Feedback Devices

4.1.6. Software & Services

4.2. By System Type (In Value %)

4.2.1. Open-Loop Systems

4.2.2. Closed-Loop Systems

4.3. By Application (In Value %)

4.3.1. Metal Cutting

4.3.2. Metal Forming

4.3.3. Material Handling

4.3.4. Packaging & Labeling

4.3.5. Robotics

4.3.6. Others

4.4. By End-Use Industry (In Value %)

4.4.1. Automotive

4.4.2. Aerospace & Defense

4.4.3. Electronics & Semiconductor

4.4.4. Food & Beverages

4.4.5. Medical

4.4.6. Printing & Paper

4.4.7. Pharmaceuticals & Cosmetics

4.4.8. Others

4.5. By Region (In Value %)

4.5.1. North India

4.5.2. South India

4.5.3. East India

4.5.4. West India

5. India Motion Control Market Competitive Analysis

5.1. Detailed Profiles of Major Companies

5.1.1. ABB India Ltd.

5.1.2. Siemens Ltd.

5.1.3. Mitsubishi Electric India Pvt. Ltd.

5.1.4. Schneider Electric India Pvt. Ltd.

5.1.5. Rockwell Automation India Pvt. Ltd.

5.1.6. Yaskawa India Pvt. Ltd.

5.1.7. Delta Electronics India Pvt. Ltd.

5.1.8. Bosch Rexroth (India) Pvt. Ltd.

5.1.9. Omron Automation Pvt. Ltd.

5.1.10. Parker Hannifin India Pvt. Ltd.

5.1.11. Fuji Electric India Pvt. Ltd.

5.1.12. Kollmorgen India Pvt. Ltd.

5.1.13. Moog India Technology Center

5.1.14. Beckhoff Automation Pvt. Ltd.

5.1.15. Lenze India Pvt. Ltd.

5.2. Cross Comparison Parameters (Revenue, Market Share, Product Portfolio, Regional Presence, R&D Investment, Strategic Initiatives, Partnerships & Collaborations, Technological Innovations)

5.3. Market Share Analysis

5.4. Strategic Initiatives

5.5. Mergers and Acquisitions

5.6. Investment Analysis

5.7. Venture Capital Funding

5.8. Government Grants

5.9. Private Equity Investments

6. India Motion Control Market Regulatory Framework

6.1. Industrial Safety Standards

6.2. Compliance Requirements

6.3. Certification Processes

7. India Motion Control Market Future Projections (In USD Mn)

7.1. Future Market Size Projections

7.2. Key Factors Driving Future Market Growth

8. India Motion Control Market Future Segmentation

8.1. By Component (In Value %)

8.2. By System Type (In Value %)

8.3. By Application (In Value %)

8.4. By End-Use Industry (In Value %)

8.5. By Region (In Value %)

9. India Motion Control Market Analysts Recommendations

9.1. Total Addressable Market (TAM), Serviceable Available Market (SAM), Serviceable Obtainable Market (SOM) Analysis

9.2. Customer Cohort Analysis

9.3. Marketing Initiatives

9.4. White Space Opportunity Analysis

Disclaimer Contact Us

Research Methodology

Step 1: Identification of Key Variables

The initial phase involves constructing an ecosystem map encompassing all major stakeholders within the India Motion Control Market. This step is underpinned by extensive desk research, utilizing a combination of secondary and proprietary databases to gather comprehensive industry-level information. The primary objective is to identify and define the critical variables that influence market dynamics.

Step 2: Market Analysis and Construction

In this phase, we compile and analyze historical data pertaining to the India Motion Control Market. This includes assessing market penetration, the ratio of marketplaces to service providers, and the resultant revenue generation. Furthermore, an evaluation of service quality statistics is conducted to ensure the reliability and accuracy of the revenue estimates.

Step 3: Hypothesis Validation and Expert Consultation

Market hypotheses are developed and subsequently validated through computer-assisted telephone interviews (CATIs) with industry experts representing a diverse array of companies. These consultations provide valuable operational and financial insights directly from industry practitioners, which are instrumental in refining and corroborating the market data.

Step 4: Research Synthesis and Final Output

The final phase involves direct engagement with multiple motion control system manufacturers to acquire detailed insights into product segments, sales performance, consumer preferences, and other pertinent factors. This interaction serves to verify and complement the statistics derived from the bottom-up approach, thereby ensuring a comprehensive, accurate, and validated analysis of the India Motion Control Market.

Frequently Asked Questions

01. How big is the India Motion Control Market?

The India motion control market is valued at USD 450 million, driven by the rapid adoption of automation across various industries, including automotive, electronics, and manufacturing.

02. What are the challenges in the India Motion Control Market?

Challenges in India motion control market include high initial investment costs, a shortage of skilled workforce, and complexities in integrating motion control systems with existing infrastructure.

03. Who are the major players in the India Motion Control Market?

Key players in the India motion control market include Siemens Ltd., ABB India Ltd., Schneider Electric India Pvt. Ltd., Rockwell Automation India Pvt. Ltd., and Mitsubishi Electric India Pvt. Ltd.

04. What are the growth drivers of the India Motion Control Market?

The India motion control market is propelled by increasing automation in manufacturing, government initiatives like 'Make in India,' and advancements in motion control technology, including IoT and Industry 4.0 integration.

Why Buy From Us?

RRR
Refine Robust Result (RRR) Framework

What makes us stand out is that our consultants follows Robust, Refine and Result (RRR) methodology. i.e. Robust for clear definitions, approaches and sanity checking, Refine for differentiating respondents facts and opinions and Result for presenting data with story

Our Reach Is Unmatched
Our Reach Is Unmatched

We have set a benchmark in the industry by offering our clients with syndicated and customized market research reports featuring coverage of entire market as well as meticulous research and analyst insights.

Research
Shifting the Research Paradigm

While we don't replace traditional research, we flip the method upside down. Our dual approach of Top Bottom & Bottom Top ensures quality deliverable by not just verifying company fundamentals but also looking at the sector and macroeconomic factors.

Insite
More Insights-Better Decisions

With one step in the future, our research team constantly tries to show you the bigger picture. We help with some of the tough questions you may encounter along the way: How is the industry positioned? Best marketing channel? KPI's of competitors? By aligning every element, we help maximize success.

Trust
Transparency and Trust

Our report gives you instant access to the answers and sources that other companies might choose to hide. We elaborate each steps of research methodology we have used and showcase you the sample size to earn your trust.

support
Round the Clock Support

If you need any support, we are here! We pride ourselves on universe strength, data quality, and quick, friendly, and professional service.

Why Client Choose Us?

400000+ Reports in repository
150+ Consulting project a year
100+ Analysts
8000+ Client Queries in 2022