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India Smart Manufacturing Market 2020-2026

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  • March 2021
  • Region: India
  • Orion Market Research Private Limited
  • ID: 5331970
India Smart Manufacturing Market Size, Share & Trends Analysis Report by Component (Hardware and Software & Services), by Technology (Programmable Logic Controller (PLC), Supervisory Controller and Data Acquisition (SCADA), Machine Vision, Distributed Control System (DCS), Product Lifecycle Management (PLM), and Others), and by End-Use Industry (Healthcare, Automotive, Aerospace & Defense, Oil & Gas, Food & Beverages, and Others) and Forecast 2020-2026.

India smart manufacturing market is projected to witness considerable growth during the forecast period. The major factors contributing to the growth of the market include the rising government initiatives for driving the manufacturing industry in India through ‘Make in India’ initiative. Moreover, the ease of FDI is further attracting the attention of the market players in the country. In November 2019, Schneider Electric opened its smart factory in Hyderabad, India. It is the second smart factory facility inaugurated by the company in India. With such rising development of smart factories, the market for smart manufacturing in India is expected to propel during the forecast period.

The smart manufacturing market is classified on the basis of component, technology, and end-use industry. Based on component, the market is bifurcated into hardware and software & services. Based on technology, the market is segmented into PLC, SCADA, machine vision, DCS, PLM, and others. Based on end-use industry, the market is segregated into healthcare, automotive, aerospace & defense, oil & gas, food & beverages, and others. Among these end-use industries, the automobile industry is contributing significantly to the market growth. This growth is attributed to the significant adoption of automation in automotive industry, which is considerably transforming research, design, and manufacturing processes in the industry.

The India smart manufacturing market is influenced by product development and advancements conducted by the market players. The key players of the smart manufacturing market include ABB Ltd., Emerson Electric Co., SAP SE, Schneider Electric SE, Siemens AG, Honeywell International, Inc., General Electric Co., and Intel Corp. These players are playing a significant role in the growth of the smart manufacturing market by providing various products and adopting several strategies such as merger and acquisition, partnerships and collaboration, technological development, and others.

Research Methodology

The market study of the India smart manufacturing market is incorporated by extensive primary and secondary research conducted by the research team. Secondary research has been conducted to refine the available data to breakdown the market in various segments, derive total market size, market forecast, and growth rate. Different approaches have been worked on to derive the market value and market growth rate. The team collects facts and data related to the market from different geography to provide a better regional outlook. In the report, the country-level analysis is provided by analyzing various regional players, regional tax laws and policies, consumer behavior, and macro-economic factors. Numbers extracted from secondary research have been authenticated by conducting proper primary research. It includes tracking down key people from the industry and interviewing them to validate the data. This enables our analyst to derive the closest possible figures without any major deviations in the actual number. The research analysts try to contact as many executives, managers, key opinion leaders, and industry experts. Primary research brings the authenticity of our reports.

Secondary sources include:
  • Financial reports of companies involved in the market
  • Whitepapers, research-papers, and news blogs
  • Company websites and their product catalog
The report provides an in-depth analysis of the market size and growth opportunities. The report will serve as a source for 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions.

Market Segmentation:

1. India Smart Manufacturing Market Research and Analysis by Component
2. India Smart Manufacturing Market Research and Analysis by Technology
3. India Smart Manufacturing Market Research and Analysis by End-Use Industry

The Report covers:
  • Comprehensive research methodology of the India smart manufacturing market.
  • This report also includes a detailed and extensive market overview with key analyst insights.
  • An exhaustive analysis of macro and micro factors influencing the market guided by key recommendations.
  • Analysis of regional regulations and other government policies impacting India smart manufacturing market.
  • Insights about market determinants which are stimulating the India market.
  • Detailed and extensive market segments with regional distribution of forecasted revenues.
  • Extensive profiles and recent developments of market players.

Table of Contents

1. Report Summary
1.1. Research Methods and Tools
1.2. Market Breakdown
1.2.1. By Segments

2. Market Overview and Insights
2.1. Scope of the Report
2.2. Analyst Insight & Current Market Trends
2.2.1. Key Findings
2.2.2. Recommendations
2.2.3. Conclusion
2.3. Rules & Regulations

3. Competitive Landscape
3.1. Company Share Analysis
3.2. Key Strategy Analysis
3.3. Key Company Analysis
3.3.1. Overview
3.3.2. Financial Analysis
3.3.3. SWOT Analysis
3.3.4. Recent Developments

4. Market Determinants
4.1. Motivators
4.2. Restraints
4.3. Opportunities

5. Market Segmentation
5.1. India Smart Manufacturing Market by Component
5.1.1. Hardware
5.1.2. Software & Services
5.2. India Smart Manufacturing Market by Technology
5.2.1. Programmable Logic Controller (PLC)
5.2.2. Supervisory Controller and Data Acquisition (SCADA)
5.2.3. Machine Vision
5.2.4. Distributed Control System (DCS)
5.2.5. Product Lifecycle Management (PLM)
5.2.6. Others (3D Printing)
5.3. India Smart Manufacturing Market by End-Use Industry
5.3.1. Healthcare
5.3.2. Automotive
5.3.3. Aerospace & Defense
5.3.4. Oil & Gas
5.3.5. Food & Beverages
5.3.6. Others (Chemical and Metals and Mining)

6. Company Profiles
6.1. ABB Ltd.
6.2. Cisco Systems, Inc.
6.3. DXC Technology Co.
6.4. Emerson Electric Co.
6.5. Fanuc Corp.
6.6. Fujitsu Ltd.
6.7. General Electric Co.
6.8. Honeywell International, Inc.
6.9. IBM Corp.
6.10. Intel Corp.
6.11. Larsen & Toubro Infotech Ltd.
6.12. Mitsubishi Electric Corp.
6.13. Oracle Corp.
6.14. Robert Bosch GmbH
6.15. Rockwell Automation, Inc.
6.16. SAP SE
6.17. Schneider Electric SE
6.18. Siemens AG
6.19. Wipro Ltd.List of Tables
1. India Smart Manufacturing Market Research and Analysis by Component, 2019-2026 ($ Million)
2. India Smart Manufacturing Market Research and Analysis by Technology, 2019-2026 ($ Million)
3. India Smart Manufacturing Market Research and Analysis by End-Use Industry, 2019-2026 ($ Million)List of Figures
1. India Smart Manufacturing Market Share by Component, 2019 Vs 2026 (%)
2. India Smart Manufacturing Market Share by Technology, 2019 Vs 2026 (%)
3. India Smart Manufacturing Market Share by End-Use Industry, 2019 Vs 2026 (%)
4. India Smart Manufacturing Market Size, 2019-2026 ($ Million)

Companies Mentioned

A selection of companies mentioned in this report includes:

  • ABB Ltd.
  • Cisco Systems, Inc.
  • DXC Technology Co.
  • Emerson Electric Co.
  • Fanuc Corp.
  • Fujitsu Ltd.
  • General Electric Co.
  • Honeywell International, Inc.
  • IBM Corp.
  • . Intel Corp.
  • Larsen & Toubro Infotech Ltd.
  • Mitsubishi Electric Corp.
  • Oracle Corp.
  • Robert Bosch GmbH
  • Rockwell Automation, Inc.
  • SAP SE
  • Schneider Electric SE
  • Siemens AG
  • Wipro Ltd.