Factory automation is becoming an |
According to TechSci Research report |
important part of the Indian industrial |
“ India Factory Automation Market |
sector on account of the rising efforts to |
Forecast & Opportunities , 2020 ”, factory |
make manufacturing processes more |
automation market in India is projected |
efficient and reduce defect rates . |
to witness a CAGR of around 12 % |
Factory automation is proving to be a |
during 2015-2020 . Growing use of |
huge success in the Indian market due |
robots on factory floors for increasing |
to extensive use of new and improved |
efficiency , reliability and accuracy of the |
technologies for producing better |
production processes , is driving the |
products . Automation systems with |
country ’ s factory automation market . |
advanced features are being deployed |
Moreover , increasing domestic |
in major sectors such as automotive , |
manufacturing on account of |
chemicals , manufacturing , and mining , |
government initiatives like Make in |
etc ., to perform a number of complex |
India , is expected to stimulate growth in |
tasks and consistently provide |
automation solutions market in India |
customers with superior quality |
through 2020 . Western and Northern |
products . The installation of advanced |
regions are the major markets for |
communication networks is also |
factory automation in India due to |
facilitating in optimizing workflow in |
continuing industrial growth , and |
production facilities . Further , growing |
presence of Special Economic Zones |
adoption of energy saving control |
and various automotive hubs in these |
equipment such as energy efficient |
regions . Leading players operating in |
motor systems , is also anticipated to |
India factory automation market include |
propel the adoption of factory |
Siemens , ABB , Schneider , Honeywell , |
automation in India in the coming years . |
and Mitsubishi , among others . |
Segmental Analysis-Factory |
automotive , chemicals , and other |
Automation Robotics , Factory |
manufacturing units , along with various |
Automation Devices / Equipment , and |
government initiatives aimed at |
Factory Automation Industrial Network . |
increasing domestic manufacturing . |
India Factory Automation Market to |
Factory automation market in India has |
Grow at around 12 % by 2020 . |
been growing at a considerable pace |
Government initiatives aimed at |
over the last few years , owing to the |
increasing domestic manufacturing , |
growing need for a reliable and cost |
along with the need to increase process |
effective method of production , which |
efficiency to drive factory automation |
results in minimization of waste . In |
market in India . According to recently |
addition to making the process more |
released TechSci Research report , |
controlled and streamlined , automation |
“ India Factory Automation Market |
solutions also provide better |
Forecast and Opportunities , 2020 ”, |
productivity compared to manual labor . |
factory automation market in India is |
On account of these benefits , the |
projected to register growth at a CAGR |
deployment of factory automation |
of around 12 % during 2015 – 2020 . |
solutions in various factories is |
Growth in the market is anticipated on |
projected to increase during the |
account of growing deployment of |
forecast period . |
various factory automation systems in |
“ Factory automation market in India is |