Key vendors insights
The industrial automation and instrumentation market in India is fragmented, and the vendors are deploying various organic and inorganic strategies to compete in the market. The market vendors are consistently concentrated on adopting and deploying growth strategies such as adopting competitive pricing and low-cost customization options for enhancing the opportunities for penetration of their services. The industrial automation and instrumentation market in India is dominated by a few well-established players, such as ABB Ltd., Robert Bosch GmbH, and Eaton Corp. Plc.
Some of the key market vendors are:
- 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
Product News and Vendor insights
- Eaton Corp. Plc - The company offers electrical components, industrial components, power distribution and assemblies, single phase and three phase power quality, and services that are primarily produced and sold outside of North and South America.
- Robert Bosch GmbH - The company focuses on powertrain products and solutions, systems for active and passive driving safety, vehicle to vehicle and vehicle to infrastructure communication, services for the automotive aftermarket, steering systems for passenger cars and commercial vehicles, and connected mobility services.
For more detailed highlights on products offerings and the growth strategies adopted by the vendors, Download free sample report
Parent Market Outlook
The industrial automation and instrumentation market in India will be driven by factors such as simplifying manufacturing through automation. Our research report has extensively covered external factors influencing the parent market growth potential in the coming years, which will determine the levels of growth of the industrial automation and instrumentation market in India during the forecast period.
Industrial Automation and Instrumentation market trend in India
- Cloud-first to Cloud-only model
The shift from cloud-first to cloud-only model in India is one of the key factors driving the industrial automation and instrumentation market share growth in India. This shift is significantly encouraging the vendors to spend more on public cloud services. Moreover, with the adoption of cloud-based environment greater flexibility and improved functionality can be achieved by the automation providers and manufacturers. However, cloud-based systems can also provide advantages such as disaster recovery, high security, and low costs. Thus, the move towards cloud-only model is estimated to impact the industrial automation and instrumentation market in India during the forecast period.
Industrial Automation and Instrumentation market challenge in India
Cybersecurity threats is one of the key challenges for the industrial automation and instrumentation market share growth in India. By using smart manufacturing technologies the process and distinct industries are shifting towards complete automation. The operation process has been made easy after adopting IIoT and connected technologies. Moreover, hackers also attack classified networks within the organizations and utilize confidential information. Additionally, there is a rise in cybercrime in India due to complications of new technologies leaving loopholes that are expected to be a major threat to the industrial automation and instrumentation market in India.
Get free sample for extensive insights on key market Drivers, Trends, and Challenges influencing the industrial automation and instrumentation market in India.
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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 |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
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