India Industrial Automation Market 2022 by Industry Trends, Type, Analysis and Growth

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India Industrial Automation Market to Grow on the
Back of Rising Foreign Direct Investments (FDIs)
Across Different Industrial Sectors Market to
Grow with a CAGR of 12.9 During
2021-2025 Kenneth Research has released a
report titled India Industrial Automation
Market Global Demand Analysis Opportunity
Outlook 2025 which also includes some of the
prominent market analyzing parameters such as
industry growth drivers, restraints, supply and
demand risk, along with the impact of COVID-19
and a detailed discussion on the latest trends
and future opportunities that are associated with
the growth of the market.
In one of the statistics by the Department for
Promotion of Industry and International Trade
(DPIIT), the cumulative FDI inflows in the
manufacturing subsectors between April 2000 and
June 2021, amounted to USD 100.35 Billion.
Further, in May 2020, according to the statistics
by the India Brand Equity Foundation (IBEF), the
Government of India (GOI) increased FDI in the
defense manufacturing sector from 49 to
74. Get Sample Reports Here -
https//www.kennethresearch.com/sample-request-103
52286 The statistics portray the growing
foreign direct investments (FDIs) witnessed
across different industrial sectors in India.
Backed by the growing
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focus of the government on developing supportive
policies to promote the growth of the industrial
sector, along with the rising need of businesses
to enhance their operational efficiency and
lower their operational costs, the need for
industrial robots is on the rise. Moreover, in
the recent years, the industries in the nation
are also shifting towards Industry 4.0 which is
also expected to drive the adoption of
industrial automation, and in turn, boost the
market growth. The India industrial automation
market is anticipated to grow with a CAGR of
12.9 during the forecast period, i.e.,
2021-2025. The market is estimated to garner a
revenue of USD 6624.1 Million by the end of 2025.
Additionally, in the year 2020, the market in
the nation generated a revenue of USD 3760.4
Million. The market is segmented by type into
fixed automation, programmable automation, and
flexible automation. The fixed automation
segment, out of all the other segments, is
anticipated to garner the largest market revenue
of USD 2556.9 Million by the end of 2025, up from
a revenue of USD 1507.9 Million in the year
2020. The market is further segmented by
component into industrial sensors, industrial
robots, industrial 3D printers, machine vision
systems, field instruments, vibration
monitoring, and others. The industrial robots
segment, out of all the other segments, is
anticipated to garner the largest revenue of USD
1702.4 Million by the end of 2025, up from a
revenue of USD 913.8 Million in the year 2020.
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However, the high capital expenditure and
maintenance cost is one of the major factors
predicted to hinder the market growth in the
coming years. This report also provides the
existing competitive scenario of some of the key
players of the India industrial automation
market, which includes company profiling of
Siemens AG, EndressHauser Group Services AG, ABB
Ltd., Schneider Electric, Enpro Industrial
Automation Pvt. Ltd., General Electric, ifm
electronic India Pvt. Ltd., BR Industrial
Automation Pvt. Ltd., Mitsubishi Electric
Corporation, Rockwell Automation, Inc., and
others. The profiling enfolds key information
of the companies which comprises of business
overview, products and services, key financials
and recent news and developments. Conclusively,
the report titled India Industrial Automation
Market Global Demand Analysis Opportunity
Outlook 2025, analyses the overall India
industrial automation industry to help new
entrants to understand the details of the market.
In addition to that, this report also guides
existing players looking for expansion and major
investors looking for investment in the India
industrial automation market in the near
future. Get Sample Reports Here -
https//www.kennethresearch.com/sample-request-103
52286
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Kenneth Research is a leading service provider
for strategic market research and consulting. We
aim to provide unbiased, unparalleled market
insights and industry analysis to help
industries, conglomerates and executives to take
wise decisions for their future marketing
strategy, expansion and investment, etc. We
believe every business can expand to its new
horizon, provided a right guidance at a right
time is available through strategic minds. Our
out of box thinking helps our clients to take
wise decision so as to avoid future
uncertainties.
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