U.S. Markets closed
  • S&P 500

    4,538.43
    -38.67 (-0.84%)
     
  • Dow 30

    34,580.08
    -59.71 (-0.17%)
     
  • Nasdaq

    15,085.47
    -295.85 (-1.92%)
     
  • Russell 2000

    2,159.31
    -47.02 (-2.13%)
     
  • Crude Oil

    66.22
    -0.28 (-0.42%)
     
  • Gold

    1,782.10
    +21.40 (+1.22%)
     
  • Silver

    22.57
    +0.25 (+1.12%)
     
  • EUR/USD

    1.1317
    +0.0012 (+0.10%)
     
  • 10-Yr Bond

    1.3430
    -0.1050 (-7.25%)
     
  • GBP/USD

    1.3235
    -0.0067 (-0.50%)
     
  • USD/JPY

    112.8000
    -0.4090 (-0.36%)
     
  • BTC-USD

    49,060.73
    -4,048.54 (-7.62%)
     
  • CMC Crypto 200

    1,367.14
    -74.62 (-5.18%)
     
  • FTSE 100

    7,122.32
    -6.89 (-0.10%)
     
  • Nikkei 225

    28,029.57
    +276.20 (+1.00%)
     

India Smart Manufacturing Markets, 2020-2021 & 2026 - Rising Government Initiatives for Driving the Manufacturing Industry with the 'Make in India' Program - ResearchAndMarkets.com

·3 min read

DUBLIN, November 03, 2021--(BUSINESS WIRE)--The "India Smart Manufacturing Market 2020-2026" report has been added to ResearchAndMarkets.com's offering.

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.

Key Topics Covered:

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

  • 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.

For more information about this report visit https://www.researchandmarkets.com/r/3dqdoq

View source version on businesswire.com: https://www.businesswire.com/news/home/20211103005686/en/

Contacts

ResearchAndMarkets.com
Laura Wood, Senior Press Manager
press@researchandmarkets.com

For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900