PUBLISHER: Blueweave Consulting | PRODUCT CODE: 1347296
PUBLISHER: Blueweave Consulting | PRODUCT CODE: 1347296
India Industrial Robotics Market, By Type ; By Application ; By End User ; By Region, Trend Analysis, Competitive Landscape & Forecast, 2019-2029
India Industrial Robotics Market Size Booming to Touch USD 11.3 Billion by 2029.
India industrial robotics market is flourishing because of the thriving e-commerce and logistics sectors and the high adoption of industry 4.0.
BlueWeave Consulting, a leading strategic consulting and market research firm, in its recent study, estimated the India industrial robotics market size at USD 4.92 billion in 2022. During the forecast period between 2023 and 2029, BlueWeave expects India industrial robotics market size to grow at a significant CAGR of 12.6% reaching a value of USD 11.29 billion by 2029. Major growth drivers for the India industrial robotics market include the rising adoption of advancements in technology, increasing automation needs, and efforts to enhance manufacturing capabilities in the country. These drivers are notably aligned with the establishment of fresh manufacturing capacities within India, a pivotal stride toward offering substantial educational and employment opportunities for its burgeoning populace. The United Nations' estimations reveal that India's population has attained a momentous milestone, surmounting 1.4 billion and surpassing China for the first time. This transformative demographic shift heralds the presence of a substantial and youthful workforce, poised to not only catalyze economic expansion but also fuel inventive advancements. By 2027, India is expected to be the home for the largest work-age population. It further amplifies the significance of building new manufacturing capabilities within the country. This strategic endeavor assumes a dual role-propelling economic progress and vitalizing education and employment prospects for the nation's burgeoning populace. Additionally, industrial robots ensure impeccable quality, particularly significant for sectors such as automotive and electronics. Noteworthy initiatives like "Make in India" are structured to incentivize robotics adoption, thus magnifying manufacturing capabilities. Furthermore, the realm of automation bridges skill gaps, adeptly addressing demand surges while bolstering global competitiveness. Safety, ergonomics, and innovation collectively fortify the adoption of industrial robotics. These multifaceted dynamics culminate in collaborative robots (cobots) augmenting operational flexibility, the power of Industry 4.0 fueling intelligent and interconnected factories, and an unwavering commitment to environmental consciousness promoting sustainable practices. This holistic ecosystem propels India's industrial robotics domain into a future defined by innovation, precision, and sustainable growth, signifying a promising evolution on the horizon. However, high initial investment restrains the overall market growth.
India Industrial Robotics Market - Overview:
India industrial robotics market refers to the landscape encompassing the manufacturing, distribution, and utilization of robotic technologies within various industries and sectors across India. This market involves the integration of advanced robotic systems and automation solutions to enhance productivity, efficiency, and precision in manufacturing processes. It encompasses a wide range of robotic applications, including assembly, welding, material handling, painting, and more, aimed at improving operational capabilities and addressing the evolving needs of Indian industries. The India Industrial Robotics Market reflects the adoption of cutting-edge technologies to optimize manufacturing workflows, bridge skill gaps, meet demand surges, and contribute to the country's economic growth and industrial competitiveness.
Impact of COVID-19 on India Industrial Robotics Market:
COVID-19 pandemic adversely affected the India industrial robotics market. The widespread disruptions caused by the pandemic led to shifts in demand, supply chain disruptions, and economic uncertainties. The initial lockdowns and restrictions imposed to contain the virus halted manufacturing activities, affecting the adoption of industrial robots. Industries reliant on labor-intensive processes faced challenges in maintaining operations and implementing automation due to reduced workforce availability. Also, the uncertainty surrounding the pandemic led to a cautious approach among businesses, delaying investment decisions, including those related to robotics. Supply chain disruptions disrupted the timely delivery of robotic components, further impeding adoption efforts. Conversely, the pandemic also highlighted the importance of automation in maintaining operations during crises. Industries that had already integrated robotics demonstrated better resilience, leading to renewed interest in industrial automation. As businesses looked for ways to minimize human contact and ensure continuity, the demand for robotics in areas such as warehousing, logistics, and healthcare increased.
India Industrial Robotics Market - By End User:
Based on end user, the India industrial robotics market is divided into Automotive, Electrical/Electronics, Metal/Heavy Machinery, Chemical, Rubber, & Plastics, and Food segments. The food segment occupies the highest share in the India industrial robots market by end user, due to its role in addressing key challenges faced by the food processing and packaging industry. Industrial robots have gained significant traction in this sector due to their ability to enhance hygiene, efficiency, and product quality. In the food industry, stringent hygiene and safety standards are paramount, and robots offer a solution by reducing human contact in food handling processes, minimizing the risk of contamination. Additionally, industrial robots can handle delicate tasks such as sorting, packaging, and labeling with precision, reducing waste and ensuring consistent product presentation. The demand for processed and packaged food products, driven by changing consumer lifestyles, has further propelled the adoption of robots in this sector. As companies seek to optimize production, ensure compliance with regulations, and meet consumer demands, industrial robots have emerged as a valuable tool, making the food segment a prominent contributor to their widespread usage in the Indian market.
Competitive Landscape:
Major players operating in the India industrial robotics market include: ABB Ltd, Yaskawa Electric Corporation, Mitsubishi Electric Corporation, Nachi-Fujikoshi Corp., Comau SpA, KUKA AG, Fanuc Corporation, Denso Corporation, Kawasaki Heavy Industries, Ltd, and Omron Corporation. To further enhance their market share, these companies employ various strategies, including mergers and acquisitions, partnerships, joint ventures, license agreements, and new product launches.
The in-depth analysis of the report provides information about growth potential, upcoming trends, and statistics of India Industrial Robotics Market. It also highlights the factors driving forecasts of total market size. The report promises to provide recent technology trends in India Industrial Robotics Market and industry insights to help decision-makers make sound strategic decisions. Furthermore, the report also analyzes the growth drivers, challenges, and competitive dynamics of the market.
Table of Contents
1. Research Framework
- 1.1. Research Objective
- 1.2. Product Overview
- 1.3. Market Segmentation
2. Executive Summary
3. India Industrial Robotics Market Insights
- 3.1. Industry Value Chain Analysis
- 3.2. DROC Analysis
- 3.2.1. Growth Drivers
- 3.2.1.1. Increase in e-commerce and logistics
- 3.2.1.2. Growing adoption of industry 4.0
- 3.2.2. Restraints
- 3.2.2.1. High initial investment
- 3.2.3. Opportunity
- 3.2.3.1. Increasing automation in electronics industry
- 3.2.4. Challenges
- 3.2.4.1. Limited flexibility
- 3.2.1. Growth Drivers
- 3.3. Technological Advancements/Recent Developments
- 3.4. Regulatory Framework
- 3.5. Porter's Five Forces Analysis
- 3.5.1. Bargaining Power of Suppliers
- 3.5.2. Bargaining Power of Buyers
- 3.5.3. Threat of New Entrants
- 3.5.4. Threat of Substitutes
- 3.5.5. Intensity of Rivalry
4. India Industrial Robotics Market Overview
- 4.1. Market Size & Forecast, 2019-2029
- 4.1.1. By Value (USD Billion)
- 4.2. Market Share & Forecast
- 4.2.1. By Type
- 4.2.1.1. Articulated
- 4.2.1.2. Cartesian
- 4.2.1.3. SCARA
- 4.2.1.4. Cylindrical
- 4.2.1.5. Others
- 4.2.2. By Application
- 4.2.2.1. Handling
- 4.2.2.2. Assembling & Disassembling
- 4.2.2.3. Welding & Soldering
- 4.2.2.4. Cleanroom
- 4.2.2.5. Dispensing
- 4.2.2.6. Processing
- 4.2.2.7. Others
- 4.2.3. By End User
- 4.2.3.1. Automotive
- 4.2.3.2. Electrical/Electronics
- 4.2.3.3. Metal/Heavy Machinery
- 4.2.3.4. Chemical, Rubber, & Plastics
- 4.2.3.5. Food
- 4.2.3.6. Others
- 4.2.4. By Region
- 4.2.4.1. North India
- 4.2.4.2. South India
- 4.2.4.3. East India
- 4.2.4.4. West India
- 4.2.1. By Type
5. North India Industrial Robotics Market
- 5.1. Market Size & Forecast, 2019-2029
- 5.1.1. By Value (USD Billion)
- 5.2. Market Share & Forecast
- 5.2.1. By Type
- 5.2.2. By Application
- 5.2.3. By End User
6. South India Industrial Robotics Market
- 6.1. Market Size & Forecast, 2019-2029
- 6.1.1. By Value (USD Billion)
- 6.2. Market Share & Forecast
- 6.2.1. By Type
- 6.2.2. By Application
- 6.2.3. By End User
7. East India Industrial Robotics Market
- 7.1. Market Size & Forecast, 2019-2029
- 7.1.1. By Value (USD Billion)
- 7.2. Market Share & Forecast
- 7.2.1. By Type
- 7.2.2. By Application
- 7.2.3. By End User
8. West India Industrial Robotics Market
- 8.1. Market Size & Forecast, 2019-2029
- 8.1.1. By Value (USD Billion)
- 8.2. Market Share & Forecast
- 8.2.1. By Type
- 8.2.2. By Application
- 8.2.3. By End User
9. Competitive Landscape
- 9.1. List of Key Players and Their Offerings
- 9.2. India Industrial Robotics Company Market Share Analysis, 2022
- 9.3. Competitive Benchmarking, By Operating Parameters
- 9.4. Key Strategic Developments (Mergers, Acquisitions, Partnerships, etc.)
10. Impact of Covid-19 on India Industrial Robotics Market
11. Company Profile (Company Overview, Financial Matrix, Competitive Landscape, Key Personnel, Key Competitors, Contact Address, Strategic Outlook, SWOT Analysis)
- 11.1. ABB Ltd
- 11.2. Yaskawa Electric Corporation
- 11.3. Mitsubishi Electric Corporation
- 11.4. Nachi-Fujikoshi Corp.
- 11.5. Comau SpA
- 11.6. KUKA AG
- 11.7. Fanuc Corporation
- 11.8. Denso Corporation
- 11.9. Kawasaki Heavy Industries, Ltd
- 11.10. Omron Corporation
- 11.11. Other Prominent Players
12. Key Strategic Recommendations
13. Research Methodology
- 13.1. Qualitative Research
- 13.1.1. Primary & Secondary Research
- 13.2. Quantitative Research
- 13.3. Market Breakdown & Data Triangulation
- 13.3.1. Secondary Research
- 13.3.2. Primary Research
- 13.4. Breakdown of Primary Research Respondents, By Country
- 13.5. Assumptions & Limitations
*Financial information of non-listed companies can be provided as per availability.
**The segmentation and the companies are subject to modifications based on in-depth secondary research for the final deliverable.
List of Figures
- Figure 1 India Industrial Robotics Segmentation
- Figure 2 India Industrial Robotics Market Value Chain Analysis
- Figure 3 Company Market Share Analysis, 2022
- Figure 4 India Industrial Robotics Market Size, By Value (USD Billion), 2019-2029
- Figure 5 India Industrial Robotics Market Share, By Type, By Value, 2019-2029
- Figure 6 India Industrial Robotics Market Share, By Application, By Value, 2019-2029
- Figure 7 India Industrial Robotics Market Share, By End User, By Value, 2019-2029
- Figure 8 North India Industrial Robotics Market Size, By Value (USD Billion), 2019-2029
- Figure 9 North India Industrial Robotics Market Share, By Type, By Value, 2019-2029
- Figure 10 North India Industrial Robotics Market Share, By Application, By Value, 2019-2029
- Figure 11 North India Industrial Robotics Market Share, By End User, By Value, 2019-2029
- Figure 12 South India Industrial Robotics Market Size, By Value (USD Billion), 2019-2029
- Figure 13 South India Industrial Robotics Market Share, By Type, By Value, 2019-2029
- Figure 14 South India Industrial Robotics Market Share, By Application, By Value, 2019-2029
- Figure 15 South India Industrial Robotics Market Share, By End User, By Value, 2019-2029
- Figure 16 East India Industrial Robotics Market Size, By Value (USD Billion), 2019-2029
- Figure 17 East India Industrial Robotics Market Share, By Type, By Value, 2019-2029
- Figure 18 East India Industrial Robotics Market Share, By Application, By Value, 2019-2029
- Figure 19 East India Industrial Robotics Market Share, By End User, By Value, 2019-2029
- Figure 20 West India Industrial Robotics Market Size, By Value (USD Billion), 2019-2029
- Figure 21 West India Industrial Robotics Market Share, By Type, By Value, 2019-2029
- Figure 22 West India Industrial Robotics Market Share, By Application, By Value, 2019-2029
- Figure 23 West India Industrial Robotics Market Share, By End User, By Value, 2019-2029
List of Tables
- Table 1 India Industrial Robotics Market Size, By Value (USD Billion), 2019-2029
- Table 2 India Industrial Robotics Market Size, By Type, By Value, 2019-2029
- Table 3 India Industrial Robotics Market Size, By Application, By Value, 2019-2029
- Table 4 India Industrial Robotics Market Size, By End User, By Value, 2019-2029
- Table 5 North India Industrial Robotics Market Size, By Value (USD Billion), 2019-2029
- Table 6 North India Industrial Robotics Market Size, By Type, By Value, 2019-2029
- Table 7 North India Industrial Robotics Market Size, By Application, By Value, 2019-2029
- Table 8 North India Industrial Robotics Market Size, By End User, By Value, 2019-2029
- Table 9 South India Industrial Robotics Market Size, By Value (USD Billion), 2019-2029
- Table 10 South India Industrial Robotics Market Size, By Type, By Value, 2019-2029
- Table 11 South India Industrial Robotics Market Size, By Application, By Value, 2019-2029
- Table 12 South India Industrial Robotics Market Size, By End User, By Value, 2019-2029
- Table 13 East India Industrial Robotics Market Size, By Value (USD Billion), 2019-2029
- Table 14 East India Industrial Robotics Market Size, By Type, By Value, 2019-2029
- Table 15 East India Industrial Robotics Market Size, By Application, By Value, 2019-2029
- Table 16 East India Industrial Robotics Market Size, By End User, By Value, 2019-2029
- Table 17 West India Industrial Robotics Market Size, By Value (USD Billion), 2019-2029
- Table 18 West India Industrial Robotics Market Size, By Type, By Value, 2019-2029
- Table 19 West India Industrial Robotics Market Size, By Application, By Value, 2019-2029
- Table 20 West India Industrial Robotics Market Size, By End User, By Value, 2019-2029
- Table 21 ABB Ltd Company Overview
- Table 22 ABB Ltd Financial Overview
- Table 23 Yaskawa Electric Corporation Company Overview
- Table 24 Yaskawa Electric Corporation Financial Overview
- Table 25 Mitsubishi Electric Corporation Company Overview
- Table 26 Mitsubishi Electric Corporation Financial Overview
- Table 27 Nachi-Fujikoshi Corp. Company Overview
- Table 28 Nachi-Fujikoshi Corp. Financial Overview
- Table 29 Comau SpA Company Overview
- Table 30 Comau SpA Financial Overview
- Table 31 KUKA AG Company Overview
- Table 32 KUKA AG Financial Overview
- Table 33 Fanuc Corporation Company Overview
- Table 34 Fanuc Corporation Financial Overview
- Table 35 Denso Corporation Company Overview
- Table 36 Denso Corporation Financial Overview
- Table 37 Kawasaki Heavy Industries, Ltd Company Overview
- Table 38 Kawasaki Heavy Industries, Ltd Financial Overview
- Table 39 Zoetis Company Overview
- Table 40 Zoetis Financial Overview
- Table 41 Omron Corporation Company Overview
- Table 42 Omron Corporation Financial Overview
