The India Industrial Automation Market size is estimated at USD 15.12 billion in 2024, and is expected to reach USD 29.43 billion by 2029, growing at a CAGR of 14.26% during the forecast period (2024-2029).
Industrial automation refers to using control systems, like robots, computers, and information technologies, to handle several processes and machinery in an industry to replace human beings. It is the second step past mechanization in the scope of industrialization.
India's industrial automation market is competitive due to multiple players, such as BHEL, ABB Limited, Grey Orange Pte Ltd, and Kardex India Storage Solutions Pvt. Ltd, Mitsubishi Electric, and more. Players adopt product innovations, partnerships, mergers, and acquisitions to increase their market shares and recyclability, further driving the market.
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