The India Industrial Automation Market size is expected to grow from USD 13.23 billion in 2023 to USD 25.76 billion by 2028, at a CAGR of 14.26% during the forecast period (2023-2028).
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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