Understand the Booming Industrial Automation Market in India - PowerPoint PPT Presentation

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Understand the Booming Industrial Automation Market in India

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In the fast-evolving landscape of India, estimated at USD 15.12 billion in 2024, the emphasis on industrial automation market size is evident. Poised to reach USD 29.43 billion by 2029, showcasing a remarkable CAGR of 14.26%, this market is at the forefront of technological evolution. Let’s delve into the intricacies of the industrial automation market reports, exploring key trends, challenges, and the influential role of automation in shaping India’s industrial future. – PowerPoint PPT presentation

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Date added: 16 January 2024
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Title: Understand the Booming Industrial Automation Market in India


1
Understand the Booming Industrial Automation
Market in India
In the fast-evolving landscape of India,
estimated at USD 15.12 billion in 2024, the
emphasis on industrial automation market size is
evident. Poised to reach USD 29.43 billion by
2029, showcasing a remarkable CAGR of 14.26,
this market is at the forefront of technological
evolution. Lets delve into the intricacies of
the industrial automation market reports,
exploring key trends, challenges, and the
influential role of automation in shaping Indias
industrial future.
2
The Essence of Industrial Automation
3
Industrial Internet of Things (IIoT) and Industry
4.0
4
Labeling Equipment Streamlining Production Lines
5
Automation in Healthcare
6
Cost Dynamics Unveiling the Challenges
7
Impact of COVID-19 Unraveling Disruptions
8
India Industrial Automation Market Trends
HMI Takes Center Stage
HMI Applications Across Industries
Human-Machine Interface (HMI) emerges as a
crucial component, fostering interaction between
individuals and machines. Widely used in
manufacturing, it enhances data visualization,
production tracking, and KPI monitoring,
ultimately boosting overall efficiency.
HMI technology finds applications across diverse
sectors, including energy, oil and gas,
transportation, food and beverage, power, water
and wastewater, manufacturing, and recycling. Its
adaptability contributes to optimizing industrial
processes.
9
Understanding The Key Trends Shaping This Market
Factory Automation in the Automotive Sector
Key Players Driving Market Dynamics
For, Indias industrial automation market players
have a competitive arena with companies like
BHEL, ABB Limited, Mitsubishi Electric, and more.
Innovations, partnerships, and acquisitions are
instrumental in increasing market shares and
driving sustainability.
The automotive industry, a major player in
automated manufacturing, is witnessing a paradigm
shift with the rise of electric vehicles.
Automation, particularly in assembly lines,
ensures precision, efficiency, and workforce
safety.
10
India Industrial Automation Market Leaders
11
Conclusion
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