openPR Logo
Press release

Indian Industrial Automation Market: Drivers, Restraints, Opportunities, Trends, and Forecasts to 2023 By Valuates Reports

07-12-2019 01:28 PM CET | Industry, Real Estate & Construction

Press release from: Valuates Reports

Indian Industrial Automation Market: Drivers, Restraints,

Overview

Industrial automation refers to the use of intelligent machines and programmable logics to automate several industrial processes and to minimize human intervention. The automation improves the efficiency and quality of the output and maintains consistency throughout the micro and macro-level processes across the industries. It has become essential for companies to maximize their productivity through automation owing to the changing demands of the end-users.

View Full Report: https://reports.valuates.com/sreport/INFO-Othe-129/Indian

Market analysis

Indian industries are improving their automation capabilities bringing it at par with global standards due to the pressing need for operational excellence, improved productivity, quality and to maintain six sigma standards in the production processes. This is further supplemented by macroeconomic factors such as the burgeoning middle-class population, rising disposable incomes, urbanization, and focused government initiatives, which are expected to have a positive impact on the growth of the manufacturing industry.

The Indian Industrial Automation Market is still evolving and its prospects are good due to increasing Foreign Direct Investments (FDI) and sustained growth of the manufacturing sector. The country is expected to strengthen its manufacturing sector from its current share of 16.57% of the GDP in FY2017 to 25%–30% of the GDP by FY2030. According to Infoholic Research, the Industrial Automation Market in India will witness a CAGR of 11.6% during the forecast period 2017–2023.

Get a Free Sample Page: https://reports.valuates.com/request/sample/INFO-Othe-129/Indian

Types of automation

The Indian industrial automation market is segmented by three automation types, namely process automation, factory automation, and electric automation. This market is driven by the increasing investments in the secondary manufacturing sector owing to encouraging government policies and changing consumer behaviour. The country aims to improve its infrastructure capabilities to attract more global investors and to boost its manufacturing capabilities. Several Indian industries are upgrading their existing automation technologies as they reduce production time and promote safety and efficiency in a manufacturing or a processing unit.

Automation technologies

The technology segment includes distributed control systems (DCS), supervisory control and data acquisition (SCADA), programmable logic control (PLC), manufacturing execution system (MES), human machine interface (HMI), and others. It is estimated that SCADA and MES will experience high demand across various industries owing to their wide technological capabilities.

End-users

The end-users segment covers the automotive industry, power, oil & gas, food processing, pharmaceutical, chemicals, and others. The power, oil & gas, and automotive industries are at the forefront for adoption of different automation technologies followed by the pharmaceutical sector owing to the need to optimize plant operations, maintain safety and security and to increase profit margins. The other industries, such as cement, mining, and metals, are adopting these technologies at a rapid rate.

Key players

The report contains an in-depth analysis of vendor profiles which includes financial health, business units, key business priorities, SWOT, strategy, and views and competitive landscape. The vendors covered in this report are Siemens Ltd., Schneider Electric, ABB Ltd., Rockwell Automation, and Honeywell International Inc. The report also includes a list of companies offering innovative industrial automation products, namely GreyOrange, Arkrobot, and Gixtronix Technologies.

Inquire for Discount: https://reports.valuates.com/request/discount/INFO-Othe-129/Indian

Email id : sales@valuates.com
For U.S. Toll Free Call +1(425)388-2538
For IST Call +91-8040957137

Website: https://reports.valuates.com
LinkedIn: www.linkedin.com/company/valuatesreports/
Twitter: https://twitter.com/valuatesreports

Our aim is to collate unparalleled Market insights and notify our customers as and when it happens. At Valuates we understand your requirements in detail and help you map your information needs to our report repository of Market research reports and guide you through your purchasing decision. We are based out of Silicon Valley of India (Bengaluru) and provide 24/7 online and offline support to all our customers and just a phone call away.

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Indian Industrial Automation Market: Drivers, Restraints, Opportunities, Trends, and Forecasts to 2023 By Valuates Reports here

News-ID: 1802978 • Views: 243

More Releases from Valuates Reports

Face Mask Market Size Share Trends Analysis Overview Industry Statistics | Valua …
The global Face Mask market is valued at 2790 million US$ in 2018 and will reach 15800 million US$ by the end of 2025, growing at a CAGR of 24.2% during 2019-2025. View Full Report: https://reports.valuates.com/market-reports/QYRE-Auto-11S229/global-face-mask-market-insights A face mask is a loose-fitting, disposable device that creates a physical barrier between the mouth and nose of the wearer and potential contaminants in the immediate environment. Facemasks are not to be shared and may
Global Space Battery Market Size, Insights, Forecast to 2025
The Space Battery market was valued at xx Million US$ in 2017 and is projected to reach xx Million US$ by 2025, at a CAGR of xx% during the forecast period. Inquire For Sample: https://reports.valuates.com/request/sample/QYRE-Othe-4Y207/Space_Battery_Market In this study, 2017 has been considered as the base year and 2018 to 2025 as the forecast period to estimate the market size for Space Battery. This report presents the worldwide Space Battery market size (value,
Impact of Wuhan Coronavirus Outbreak on the Global ICT Industry, Cross-Strait IT …
Impact of Wuhan Coronavirus Outbreak on the Global ICT Industry: Due to early neglect and cover-ups of the Chinese government, a new type of pneumonia outbreak, now known as Wuhan coronavirus, has taken place in China since last year. The Chinese lunar new year travel rush in the early 2020 also deteriorated the situation by causing this epidemic disease to spread faster across China and the world. Thus far, the Chinese
Inflight Entertainment (IFE) Market Size Share Trends Growth Value Statistics | …
This report focuses on Inflight Entertainment (IFE) volume and value at global level, regional level and company level. From a global perspective, this report represents overall Inflight Entertainment (IFE) market size by analyzing historical data and future prospect. Regionally, this report focuses on several key regions: North America, Europe, China and Japan. View Full Report: https://reports.valuates.com/market-reports/QYRE-Auto-34N1049/inflight-entertainment-market At company level, this report focuses on the production capacity, ex-factory price, revenue and market share

All 5 Releases


More Releases for India

01-17-2011 | Health & Medicine
KJIVF
IVF India, Test Tube baby India
The aim of setting up KJIVF is to help infertile couples in achieving conception through modern diagnostic and treatment methods. KJIVF Centre has given the best results by blessing infertile couples of advanced age with children, these couples could never dream of becoming parents. Thousands of babies are conceived through in-vitro fertilization (IVF) each year; In-Vitro Fertilization (IVF) means fertilization outside the body. A baby developed from an egg that
Beach Holiday India- Best Beaches in India
The natural beauty, exotic locations and rich heritage has helped India to stand as the most visited and most popular tourist spot in the world. The status of “Incredible India”, is defined by an incredible range of nature’s blessings on the Indian subcontinent and this incredibility is doubled by one of the most fabulous tourism option available in the country that are the brilliant and majestic beaches in India.
ISO 27001 India, 27001 training India ISO
Coral eSecure is information Risk Management advisory with specific focus on Information Security (ISO 27001, ISO 17799, PCI, COBIT, HIPAA, GLBA, and DPA), Business Continuity (BS25999) and ITIL/ IT Service Management (ISO 20000). Coral is the FIRST Indian consulting organization which provides an Integrated Management System Consulting, Consisting of ISO 27001, ISO 20000 and BS25999 – ALL THREE IN ONE! Coral provides Consulting, Assurance audit and Training to address these
Interior Designers India, Designers and Architects India
Today, we have recognized ourselves as a booming beauty interior designing firm, offering services that include interior designing. We are a winning firm, which is based on the strong foundation of innovative and original ideas for interior, architectural and landscaping designing services. Synergy Corporate Interior Design Association has more corporate members. Who provide Products and services. We support Interior Designers India, Designers and Architects India. We are committed to the
Domain Registration India, Web Hosting India, Payment Gateway India
Indiainternet.in is a Quality Web Hosting Company India, provide all web related support and Web hosting services like linux web hosting, windows web hosting, web hosting packages, domain registration in india, Corporate email solution, business email hosting, payment gateway integration, SSL with supports like free php, cgi, asp, free msaccess, free cdonts, free webmail, web based control panel, unlimited ftp access, unlimited data transfer. During the domain registration process, you will
ISO 27001 india, 27001 training india ISO, 17799 training india ISO, Compliance …
Our foundation of service delivery is based on sound research - thereby customers realizing definitive delight and Assurance resilience in their management system. We provide Consulting Services for ISO 27001 india, 27001 training india ISO,17799 training India ISO Security, BCM/BS25999, SAS 70, COBIT Implementation, Annual Compliance Check, Best Practices Implementation, & Quick Gap Analysis. It is a set of ‘best practices’ controls - management and systems - that enables