COVID-19 Impacts: Industrial Automation and Instrumentation Market in India Will Accelerate at a CAGR of Over 10% Through 2020-2024 | Shift Toward Lean Manufacturing to Boost Growth | Technavio

Jacki Roig

LONDON–(BUSINESS WIRE)–Technavio has been monitoring the industrial automation and instrumentation market in India and it is poised to grow by USD 2.58 bn during 2020-2024, progressing at a CAGR of 10% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, […]

LONDON–(BUSINESS WIRE)–Technavio has been monitoring the industrial automation and instrumentation market in India and it is poised to grow by USD 2.58 bn during 2020-2024, progressing at a CAGR of 10% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.

Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Please Request Latest Free Sample Report on COVID-19 Impact

The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. ABB Ltd., Eaton Corp. Plc, Emerson Electric Co., General Electric, Honeywell International Inc., Robert Bosch GmbH, Rockwell Automation Inc., Schlumberger Ltd., Schneider Electric SE, and Siemens AG are some of the major market participants. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

The shift toward lean manufacturing has been instrumental in driving the growth of the market.

Industrial Automation and Instrumentation Market in India 2020-2024 : Segmentation

Industrial Automation and Instrumentation Market in India is segmented as below:

  • Product

    • Industrial Automation
    • Industrial Instrumentation
  • End-user

    • Process Industry
    • Discrete Industry

To learn more about the global trends impacting the future of market research, download a free sample: https://www.technavio.com/talk-to-us?report=IRTNTR41572

Industrial Automation and Instrumentation Market in India 2020-2024 : Scope

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. Our industrial automation and instrumentation market in India report covers the following areas:

  • Industrial Automation and Instrumentation Market in India size
  • Industrial Automation and Instrumentation Market in India trends
  • Industrial Automation and Instrumentation Market in India industry analysis

This study identifies the simplification of manufacturing through automation as one of the prime reasons driving the industrial automation and instrumentation market growth in India during the next few years.

Industrial Automation and Instrumentation Market in India 2020-2024 : Vendor Analysis

We provide a detailed analysis of around 25 vendors operating in the industrial automation and instrumentation market in India, including some of the vendors such as ABB Ltd., Eaton Corp. Plc, Emerson Electric Co., General Electric, Honeywell International Inc., Robert Bosch GmbH, Rockwell Automation Inc., Schlumberger Ltd., Schneider Electric SE, and Siemens AG. Backed with competitive intelligence and benchmarking, our research reports on the industrial automation and instrumentation market in India are designed to provide entry support, customer profile and M&As as well as go-to-market strategy support.

Register for a free trial today and gain instant access to 17,000+ market research reports.

Technavio’s SUBSCRIPTION platform

Industrial Automation and Instrumentation Market in India 2020-2024 : Key Highlights

  • CAGR of the market during the forecast period 2020-2024
  • Detailed information on factors that will assist industrial automation and instrumentation market growth in India during the next five years
  • Estimation of the industrial automation and instrumentation market size in India and its contribution to the parent market
  • Predictions on upcoming trends and changes in consumer behavior
  • The growth of the industrial automation and instrumentation market in India
  • Analysis of the market’s competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of industrial automation and instrumentation market vendors in India

Table Of Contents :

Executive Summary

Market Landscape

  • Market ecosystem
  • Value chain analysis

Market Sizing

  • Market definition
  • Market segment analysis
  • Market size 2019
  • Market outlook: Forecast for 2019 – 2024

Five Forces Analysis

  • Bargaining power of buyers
  • Bargaining power of suppliers
  • Threat of new entrants
  • Threat of substitutes
  • Threat of rivalry
  • Market condition

Market Segmentation by Product

  • Market segments
  • Comparison by Product placement
  • Industrial automation – Market size and forecast 2019-2024
  • Industrial instrumentation – Market size and forecast 2019-2024
  • Market opportunity by Product

Market Segmentation by End-user

  • Market segments
  • Comparison by End-user placement
  • Process industry – Market size and forecast 2019-2024
  • Discrete industry – Market size and forecast 2019-2024
  • Market opportunity by End-user

Customer Landscape

Drivers, Challenges, and Trends

  • Market drivers
  • Volume driver – Demand led growth
  • Volume driver – Supply led growth
  • Volume driver – External factors
  • Volume driver – Demand shift in adjacent markets
  • Price driver – Inflation
  • Price driver – Shift from lower to higher priced units
  • Market challenges
  • Market trends

Vendor Landscape

  • Overview
  • Landscape disruption

Vendor Analysis

  • Vendors covered
  • Market positioning of vendors
  • ABB Ltd.
  • Eaton Corp. Plc
  • Emerson Electric Co.
  • General Electric
  • Honeywell International Inc.
  • Robert Bosch GmbH
  • Rockwell Automation Inc.
  • Schlumberger Ltd.
  • Schneider Electric SE
  • Siemens AG

Appendix

  • Scope of the report
  • Currency conversion rates for US$
  • Research methodology
  • List of abbreviations

About Us

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Source Article

Next Post

Schaumburg may permit craft marijuana grower in industrial park

Schaumburg trustees Tuesday will consider approval of what would be the village’s third recreational marijuana business, a craft grower that, unlike two recently approved dispensaries, would not be open to the public. Castle Cannabis is seeking a special-use permit from the village to occupy 17,100 square feet in a multitenant […]

Subscribe US Now