Indian Smart Manufacturing Markets, 2020-2021 and 2026 – Rising Government Initiatives to Boost Manufacturing Industry with ‘Make in India’ Program

DUBLIN, November 03, 2021– (COMMERCIAL THREAD)–The “Indian smart manufacturing market 2020-2026” report was added to offer.

The Indian smart manufacturing market is expected to witness tremendous growth during the forecast period.

The main factors contributing to the growth of the market include the increasing initiatives of the government to boost the manufacturing industry in India through the “Make in India” initiative.

In addition, the ease of FDI attracts more attention from market players in the country. In November 2019, Schneider Electric opened its smart factory in Hyderabad, India. This is the second smart factory inaugurated by the company in India. With such increasing development of smart factories, the smart manufacturing market in India is expected to propel itself during the forecast period.

The smart manufacturing market is categorized on the basis of components, technology, and end-use industry. Based on components, the market is divided into hardware and software and services. Based on technology, the market is segmented into PLC, SCADA, machine vision, DCS, PLM, and others.

Based on the end-use industry, the market is divided into healthcare, automotive, aerospace and defense, oil and gas, food and beverage, and others. Among these end-use industries, the automotive industry contributes significantly to the market growth. This growth is attributed to the significant adoption of automation in the automotive industry, which is significantly transforming the research, design and manufacturing processes in the industry.

The smart manufacturing market in India is influenced by the product development and advancement made by the market players. The major players in the smart manufacturing market are ABB Ltd., Emerson Electric Co., SAP SE, Schneider Electric SE, Siemens AG, Honeywell International, Inc., General Electric Co. and Intel Corp.

These players play an important role in the growth of smart manufacturing market by providing various products and adopting several strategies such as mergers and acquisitions, partnerships and collaboration, technology development, etc.

Main topics covered:

1. Summary of the report

1.1. Research methods and tools

1.2. Market breakdown

1.2.1. By segments

2. Market overview and information

2.1. Scope of the report

2.2. Analyst analysis and current market trends

2.2.1. Main conclusions

2.2.2. Recommendations

2.2.3. Conclusion

2.3. Rules and Regulations

3. Competitive landscape

3.1. Analysis by the company

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. Constraints

4.3. Opportunities

5. Market segmentation

5.1. India Smart Manufacturing Market by Component

5.1.1. Equipment

5.1.2. Software and services

5.2. India Smart Manufacturing Market by Technology

5.2.1. Programmable logic controller (PLC)

5.2.2. Supervision and data acquisition controller (SCADA)

5.2.3. Industrial 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. Health care

5.3.2. Automotive

5.3.3. Aerospace and Defense

5.3.4. Petroleum gas

5.3.5. Food and drinks

5.3.6. Others (chemicals and metals and mining)

6. Company profiles

  • ABB SA

  • Cisco Systems, Inc.

  • DXC Technology Co.

  • Emerson Electric Co.

  • Fanuc Corp.

  • Fujitsu Ltd.

  • Societe Generale Électrique.

  • 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 SA

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Laura Wood, Senior Press Director

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