| Product Code: ETC172063 | Publication Date: Jul 2023 | Product Type: Market Research Report | ||
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 |
The industrial control & factory automation market import shipment for India experienced a significant decline with a negative CAGR from 2020 to 2024. The growth rate between 2023 and 2024 plummeted even further, indicating a sharp contraction in market activity. The market exhibited a clear trend of deceleration and contraction during this period.
Industrial Control & Factory Automation Market in Indiais expected to grow at a CAGR of 12.57% during the forecast period 2023-2029.
The growth of Indiaindustrial control and factory automation market is driven by increasing adoption of Industrial Internet of Things (IIoT), implementation of Industry 4.0 initiatives, growing demand for process optimization and automation, and rising investments in new technologies such as robotics, artificial intelligence (AI) & machine learning (ML). Additionally, government initiatives to promote the use of advanced technology in manufacturing industries are expected to further drive the growth of this market. The need to reduce operational costs and increase efficiency has led industrial organizations to shift their focus towards automation solutions that can minimize human errors while improving production output. This trend is expected to propel the demand for innovative products such as programmable logic controllers (PLCs), distributed control systems (DCSs), supervisory control and data acquisition systems (SCADA) among others during the forecast period.
High initial setup costs associated with the installation of ICFA equipments. Lack of skilled workforce that can handle the complex operations related to ICFA systems
Key players operating in India industrial control & factory automation market include Siemens AG (Germany), ABB Ltd (Switzerland), Rockwell Automation Inc(U.S.), Schneider Electric SE (France), Honeywell International Inc.(U S.) Mitsubishi Electric Corporation (Japan), Yokogawa Electric Corporation (Japan).
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 India Industrial Control & Factory Automation Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India Industrial Control & Factory Automation Market Revenues & Volume, 2020 & 2030F |
3.3 India Industrial Control & Factory Automation Market - Industry Life Cycle |
3.4 India Industrial Control & Factory Automation Market - Porter's Five Forces |
3.5 India Industrial Control & Factory Automation Market Revenues & Volume Share, By Component, 2020 & 2030F |
3.6 India Industrial Control & Factory Automation Market Revenues & Volume Share, By Solution, 2020 & 2030F |
3.7 India Industrial Control & Factory Automation Market Revenues & Volume Share, By Industry, 2020 & 2030F |
4 India Industrial Control & Factory Automation Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 India Industrial Control & Factory Automation Market Trends |
6 India Industrial Control & Factory Automation Market, By Types |
6.1 India Industrial Control & Factory Automation Market, By Component |
6.1.1 Overview and Analysis |
6.1.2 India Industrial Control & Factory Automation Market Revenues & Volume, By Component, 2020-2030F |
6.1.3 India Industrial Control & Factory Automation Market Revenues & Volume, By Industrial Sensors, 2020-2030F |
6.1.4 India Industrial Control & Factory Automation Market Revenues & Volume, By Industrial Robots, 2020-2030F |
6.1.5 India Industrial Control & Factory Automation Market Revenues & Volume, By Industrial 3D Printers, 2020-2030F |
6.1.6 India Industrial Control & Factory Automation Market Revenues & Volume, By Machine Vision Systems, 2020-2030F |
6.1.7 India Industrial Control & Factory Automation Market Revenues & Volume, By Process Analyzers, 2020-2030F |
6.1.8 India Industrial Control & Factory Automation Market Revenues & Volume, By Field Instruments, 2020-2030F |
6.1.9 India Industrial Control & Factory Automation Market Revenues & Volume, By Others, 2020-2030F |
6.1.10 India Industrial Control & Factory Automation Market Revenues & Volume, By Others, 2020-2030F |
6.2 India Industrial Control & Factory Automation Market, By Solution |
6.2.1 Overview and Analysis |
6.2.2 India Industrial Control & Factory Automation Market Revenues & Volume, By SCADA, 2020-2030F |
6.2.3 India Industrial Control & Factory Automation Market Revenues & Volume, By PAM, 2020-2030F |
6.2.4 India Industrial Control & Factory Automation Market Revenues & Volume, By PLC, 2020-2030F |
6.2.5 India Industrial Control & Factory Automation Market Revenues & Volume, By DCS, 2020-2030F |
6.2.6 India Industrial Control & Factory Automation Market Revenues & Volume, By MES, 2020-2030F |
6.2.7 India Industrial Control & Factory Automation Market Revenues & Volume, By Industrial Safety, 2020-2030F |
6.3 India Industrial Control & Factory Automation Market, By Industry |
6.3.1 Overview and Analysis |
6.3.2 India Industrial Control & Factory Automation Market Revenues & Volume, By Process Industries, 2020-2030F |
6.3.3 India Industrial Control & Factory Automation Market Revenues & Volume, By Discrete Industries, 2020-2030F |
7 India Industrial Control & Factory Automation Market Import-Export Trade Statistics |
7.1 India Industrial Control & Factory Automation Market Export to Major Countries |
7.2 India Industrial Control & Factory Automation Market Imports from Major Countries |
8 India Industrial Control & Factory Automation Market Key Performance Indicators |
9 India Industrial Control & Factory Automation Market - Opportunity Assessment |
9.1 India Industrial Control & Factory Automation Market Opportunity Assessment, By Component, 2020 & 2030F |
9.2 India Industrial Control & Factory Automation Market Opportunity Assessment, By Solution, 2020 & 2030F |
9.3 India Industrial Control & Factory Automation Market Opportunity Assessment, By Industry, 2020 & 2030F |
10 India Industrial Control & Factory Automation Market - Competitive Landscape |
10.1 India Industrial Control & Factory Automation Market Revenue Share, By Companies, 2023 |
10.2 India Industrial Control & Factory Automation Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
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