Industrial Automation and Instrumentation Market in India 2024-2028

The industrial automation and instrumentation market in India is forecasted to grow by USD 26570.09 mn during 2023-2028, accelerating at a CAGR of 9.51% during the forecast period. The report on the industrial automation and instrumentation market in India provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increasing simplification of manufacturing through automation, a shift toward lean manufacturing, and a rising need for efficient use of resources and reduction of emissions.

Market Scope
Base Year	2023
End Year	2028
Series Year	2024-2028
Growth Momentum	Accelerate
YOY 2024	8.87%
CAGR	9.51%
Incremental Value	$26570.09mn

Technavio's industrial automation and instrumentation market in India is segmented as below:

By End-user

Process industry
Discrete industry

By Product

Industrial automation
Industrial instrumentation

By Solution

PLC
SCADA
DCS
HMI
Others

This study identifies the shift from on-premises to cloud-based systems as one of the prime reasons driving the industrial automation and instrumentation market in India growth during the next few years. Also, the virtualization of automation control systems and the growing importance of big data analytics and IoT will lead to sizable demand in the market.

The report on the industrial automation and instrumentation market in India covers the following areas:

Industrial automation and instrumentation market in India sizing
Industrial automation and instrumentation market in India forecast
Industrial automation and instrumentation market in India industry analysis

The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading industrial automation and instrumentation market in India vendors that include ABB Ltd., AMETEK Inc., Danfoss AS, Delta Electronics Inc., Eaton Corp. Plc, Emerson Electric Co., Flowserve Corp., Fuji Electric Co. Ltd., General Electric Co., Honeywell International Inc., Keyence Corp., Mitsubishi Electric Corp., Parker Hannifin Corp., Robert Bosch GmbH, Rockwell Automation Inc., Schlumberger Ltd., Schneider Electric SE, Siemens AG, The Weir Group Plc, and Yokogawa Electric Corp. Also, the industrial automation and instrumentation market in India analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

The publisher presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources through an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.

Product Code: IRTNTR41572

1 Executive Summary

1.1 Market overview
Exhibit 01: Executive Summary - Chart on Market Overview
Exhibit 02: Executive Summary - Data Table on Market Overview
Exhibit 03: Executive Summary - Chart on Country Market Characteristics
Exhibit 04: Executive Summary - Chart on Market Segmentation by End-user
Exhibit 05: Executive Summary - Chart on Market Segmentation by Product
Exhibit 06: Executive Summary - Chart on Market Segmentation by Solution
Exhibit 07: Executive Summary - Chart on Vendor Market Positioning

2 Market Landscape

2.1 Market ecosystem
Exhibit 08: Parent market
Exhibit 09: Market Characteristics

3 Market Sizing

3.1 Market definition
Exhibit 10: Offerings of vendors included in the market definition
3.2 Market segment analysis
Exhibit 11: Market segments
3.3 Market size 2023
3.4 Market outlook: Forecast for 2023-2028
Exhibit 12: Chart on India - Market size and forecast 2023-2028 ($ million)
Exhibit 13: Data Table on India - Market size and forecast 2023-2028 ($ million)
Exhibit 14: Chart on India: Year-over-year growth 2023-2028 (%)
Exhibit 15: Data Table on India: Year-over-year growth 2023-2028 (%)

4 Historic Market Size

4.1 Industrial automation and instrumentation market in India 2018 - 2022
Exhibit 16: Historic Market Size - Data Table on industrial automation and instrumentation market in India 2018 - 2022 ($ million)
4.2 End-user Segment Analysis 2018 - 2022
Exhibit 17: Historic Market Size - End-user Segment 2018 - 2022 ($ million)
4.3 Product Segment Analysis 2018 - 2022
Exhibit 18: Historic Market Size - Product Segment 2018 - 2022 ($ million)
4.4 Solution Segment Analysis 2018 - 2022
Exhibit 19: Historic Market Size - Solution Segment 2018 - 2022 ($ million)

5 Five Forces Analysis

5.1 Five forces summary
Exhibit 20: Five forces analysis - Comparison between 2023 and 2028
5.2 Bargaining power of buyers
Exhibit 21: Chart on Bargaining power of buyers - Impact of key factors 2023 and 2028
5.3 Bargaining power of suppliers
Exhibit 22: Bargaining power of suppliers - Impact of key factors in 2023 and 2028
5.4 Threat of new entrants
Exhibit 23: Threat of new entrants - Impact of key factors in 2023 and 2028
5.5 Threat of substitutes
Exhibit 24: Threat of substitutes - Impact of key factors in 2023 and 2028
5.6 Threat of rivalry
Exhibit 25: Threat of rivalry - Impact of key factors in 2023 and 2028
5.7 Market condition
Exhibit 26: Chart on Market condition - Five forces 2023 and 2028

6 Market Segmentation by End-user

6.1 Market segments
Exhibit 27: Chart on End-user - Market share 2023-2028 (%)
Exhibit 28: Data Table on End-user - Market share 2023-2028 (%)
6.2 Comparison by End-user
Exhibit 29: Chart on Comparison by End-user
Exhibit 30: Data Table on Comparison by End-user
6.3 Process industry - Market size and forecast 2023-2028
Exhibit 31: Chart on Process industry - Market size and forecast 2023-2028 ($ million)
Exhibit 32: Data Table on Process industry - Market size and forecast 2023-2028 ($ million)
Exhibit 33: Chart on Process industry - Year-over-year growth 2023-2028 (%)
Exhibit 34: Data Table on Process industry - Year-over-year growth 2023-2028 (%)
6.4 Discrete industry - Market size and forecast 2023-2028
Exhibit 35: Chart on Discrete industry - Market size and forecast 2023-2028 ($ million)
Exhibit 36: Data Table on Discrete industry - Market size and forecast 2023-2028 ($ million)
Exhibit 37: Chart on Discrete industry - Year-over-year growth 2023-2028 (%)
Exhibit 38: Data Table on Discrete industry - Year-over-year growth 2023-2028 (%)
6.5 Market opportunity by End-user
Exhibit 39: Market opportunity by End-user ($ million)
Exhibit 40: Data Table on Market opportunity by End-user ($ million)

7 Market Segmentation by Product

7.1 Market segments
Exhibit 41: Chart on Product - Market share 2023-2028 (%)
Exhibit 42: Data Table on Product - Market share 2023-2028 (%)
7.2 Comparison by Product
Exhibit 43: Chart on Comparison by Product
Exhibit 44: Data Table on Comparison by Product
7.3 Industrial automation - Market size and forecast 2023-2028
Exhibit 45: Chart on Industrial automation - Market size and forecast 2023-2028 ($ million)
Exhibit 46: Data Table on Industrial automation - Market size and forecast 2023-2028 ($ million)
Exhibit 47: Chart on Industrial automation - Year-over-year growth 2023-2028 (%)
Exhibit 48: Data Table on Industrial automation - Year-over-year growth 2023-2028 (%)
7.4 Industrial instrumentation - Market size and forecast 2023-2028
Exhibit 49: Chart on Industrial instrumentation - Market size and forecast 2023-2028 ($ million)
Exhibit 50: Data Table on Industrial instrumentation - Market size and forecast 2023-2028 ($ million)
Exhibit 51: Chart on Industrial instrumentation - Year-over-year growth 2023-2028 (%)
Exhibit 52: Data Table on Industrial instrumentation - Year-over-year growth 2023-2028 (%)
7.5 Market opportunity by Product
Exhibit 53: Market opportunity by Product ($ million)
Exhibit 54: Data Table on Market opportunity by Product ($ million)

8 Market Segmentation by Solution

8.1 Market segments
Exhibit 55: Chart on Solution - Market share 2023-2028 (%)
Exhibit 56: Data Table on Solution - Market share 2023-2028 (%)
8.2 Comparison by Solution
Exhibit 57: Chart on Comparison by Solution
Exhibit 58: Data Table on Comparison by Solution
8.3 PLC - Market size and forecast 2023-2028
Exhibit 59: Chart on PLC - Market size and forecast 2023-2028 ($ million)
Exhibit 60: Data Table on PLC - Market size and forecast 2023-2028 ($ million)
Exhibit 61: Chart on PLC - Year-over-year growth 2023-2028 (%)
Exhibit 62: Data Table on PLC - Year-over-year growth 2023-2028 (%)
8.4 SCADA - Market size and forecast 2023-2028
Exhibit 63: Chart on SCADA - Market size and forecast 2023-2028 ($ million)
Exhibit 64: Data Table on SCADA - Market size and forecast 2023-2028 ($ million)
Exhibit 65: Chart on SCADA - Year-over-year growth 2023-2028 (%)
Exhibit 66: Data Table on SCADA - Year-over-year growth 2023-2028 (%)
8.5 DCS - Market size and forecast 2023-2028
Exhibit 67: Chart on DCS - Market size and forecast 2023-2028 ($ million)
Exhibit 68: Data Table on DCS - Market size and forecast 2023-2028 ($ million)
Exhibit 69: Chart on DCS - Year-over-year growth 2023-2028 (%)
Exhibit 70: Data Table on DCS - Year-over-year growth 2023-2028 (%)
8.6 HMI - Market size and forecast 2023-2028
Exhibit 71: Chart on HMI - Market size and forecast 2023-2028 ($ million)
Exhibit 72: Data Table on HMI - Market size and forecast 2023-2028 ($ million)
Exhibit 73: Chart on HMI - Year-over-year growth 2023-2028 (%)
Exhibit 74: Data Table on HMI - Year-over-year growth 2023-2028 (%)
8.7 Others - Market size and forecast 2023-2028
Exhibit 75: Chart on Others - Market size and forecast 2023-2028 ($ million)
Exhibit 76: Data Table on Others - Market size and forecast 2023-2028 ($ million)
Exhibit 77: Chart on Others - Year-over-year growth 2023-2028 (%)
Exhibit 78: Data Table on Others - Year-over-year growth 2023-2028 (%)
8.8 Market opportunity by Solution
Exhibit 79: Market opportunity by Solution ($ million)
Exhibit 80: Data Table on Market opportunity by Solution ($ million)

9 Customer Landscape

9.1 Customer landscape overview
Exhibit 81: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

10 Drivers, Challenges, and Trends

10.1 Market drivers
10.2 Market challenges
10.3 Impact of drivers and challenges
Exhibit 82: Impact of drivers and challenges in 2023 and 2028
10.4 Market trends

11 Vendor Landscape

11.1 Overview
11.2 Vendor landscape
Exhibit 83: Overview on Criticality of inputs and Factors of differentiation
11.3 Landscape disruption
Exhibit 84: Overview on factors of disruption
11.4 Industry risks
Exhibit 85: Impact of key risks on business

12 Vendor Analysis

12.1 Vendors covered
Exhibit 86: Vendors covered
12.2 Market positioning of vendors
Exhibit 87: Matrix on vendor position and classification
12.3 ABB Ltd.
Exhibit 88: ABB Ltd. - Overview
Exhibit 89: ABB Ltd. - Business segments
Exhibit 90: ABB Ltd. - Key offerings
Exhibit 91: ABB Ltd. - Segment focus
12.4 AMETEK Inc.
Exhibit 92: AMETEK Inc. - Overview
Exhibit 93: AMETEK Inc. - Business segments
Exhibit 94: AMETEK Inc. - Key offerings
Exhibit 95: AMETEK Inc. - Segment focus
12.5 Danfoss AS
Exhibit 96: Danfoss AS - Overview
Exhibit 97: Danfoss AS - Business segments
Exhibit 98: Danfoss AS - Key news
Exhibit 99: Danfoss AS - Key offerings
Exhibit 100: Danfoss AS - Segment focus
12.6 Delta Electronics Inc.
Exhibit 101: Delta Electronics Inc. - Overview
Exhibit 102: Delta Electronics Inc. - Business segments
Exhibit 103: Delta Electronics Inc. - Key offerings
Exhibit 104: Delta Electronics Inc. - Segment focus
12.7 Eaton Corp. Plc
Exhibit 105: Eaton Corp. Plc - Overview
Exhibit 106: Eaton Corp. Plc - Business segments
Exhibit 107: Eaton Corp. Plc - Key news
Exhibit 108: Eaton Corp. Plc - Key offerings
Exhibit 109: Eaton Corp. Plc - Segment focus
12.8 Emerson Electric Co.
Exhibit 110: Emerson Electric Co. - Overview
Exhibit 111: Emerson Electric Co. - Business segments
Exhibit 112: Emerson Electric Co. - Key news
Exhibit 113: Emerson Electric Co. - Key offerings
Exhibit 114: Emerson Electric Co. - Segment focus
12.9 Flowserve Corp.
Exhibit 115: Flowserve Corp. - Overview
Exhibit 116: Flowserve Corp. - Business segments
Exhibit 117: Flowserve Corp. - Key news
Exhibit 118: Flowserve Corp. - Key offerings
Exhibit 119: Flowserve Corp. - Segment focus
12.10 Fuji Electric Co. Ltd.
Exhibit 120: Fuji Electric Co. Ltd. - Overview
Exhibit 121: Fuji Electric Co. Ltd. - Business segments
Exhibit 122: Fuji Electric Co. Ltd. - Key offerings
Exhibit 123: Fuji Electric Co. Ltd. - Segment focus
12.11 General Electric Co.
Exhibit 124: General Electric Co. - Overview
Exhibit 125: General Electric Co. - Business segments
Exhibit 126: General Electric Co. - Key news
Exhibit 127: General Electric Co. - Key offerings
Exhibit 128: General Electric Co. - Segment focus
12.12 Honeywell International Inc.
Exhibit 129: Honeywell International Inc. - Overview
Exhibit 130: Honeywell International Inc. - Business segments
Exhibit 131: Honeywell International Inc. - Key news
Exhibit 132: Honeywell International Inc. - Key offerings
Exhibit 133: Honeywell International Inc. - Segment focus
12.13 Keyence Corp.
Exhibit 134: Keyence Corp. - Overview
Exhibit 135: Keyence Corp. - Product / Service
Exhibit 136: Keyence Corp. - Key offerings
12.14 Mitsubishi Electric Corp.
Exhibit 137: Mitsubishi Electric Corp. - Overview
Exhibit 138: Mitsubishi Electric Corp. - Business segments
Exhibit 139: Mitsubishi Electric Corp. - Key news
Exhibit 140: Mitsubishi Electric Corp. - Key offerings
Exhibit 141: Mitsubishi Electric Corp. - Segment focus
12.15 Parker Hannifin Corp.
Exhibit 142: Parker Hannifin Corp. - Overview
Exhibit 143: Parker Hannifin Corp. - Business segments
Exhibit 144: Parker Hannifin Corp. - Key news
Exhibit 145: Parker Hannifin Corp. - Key offerings
Exhibit 146: Parker Hannifin Corp. - Segment focus
12.16 Robert Bosch GmbH
Exhibit 147: Robert Bosch GmbH - Overview
Exhibit 148: Robert Bosch GmbH - Business segments
Exhibit 149: Robert Bosch GmbH - Key news
Exhibit 150: Robert Bosch GmbH - Key offerings
Exhibit 151: Robert Bosch GmbH - Segment focus
12.17 Rockwell Automation Inc.
Exhibit 152: Rockwell Automation Inc. - Overview
Exhibit 153: Rockwell Automation Inc. - Business segments
Exhibit 154: Rockwell Automation Inc. - Key news
Exhibit 155: Rockwell Automation Inc. - Key offerings
Exhibit 156: Rockwell Automation Inc. - Segment focus

13 Appendix

13.1 Scope of the report
13.2 Inclusions and exclusions checklist
Exhibit 157: Inclusions checklist
Exhibit 158: Exclusions checklist
13.3 Currency conversion rates for US$
Exhibit 159: Currency conversion rates for US$
13.4 Research methodology
Exhibit 160: Research methodology
Exhibit 161: Validation techniques employed for market sizing
Exhibit 162: Information sources
13.5 List of abbreviations
Exhibit 163: List of abbreviations