The industrial automation and instrumentation market in India is estimated to
grow by USD 1.92 billion from 2020 to 2025, and the market's growth is
anticipated to accelerate at a CAGR of 8.62%.
The global market for industrial robots was sized at about 43.8 billion U.S. dollars
in 2021. The market is expected to grow at a compound annual growth rate
(CAGR) of around 10 percent, reaching almost 70.6 billion U.S. dollars by 2028.
India Industrial Robotics Market CAGR is expected to be 13% during the forecast
period and the market size is expected to reach nearly US$ 9.02 Bn. by 2027.
By 2025, India aims to achieve a GDP of $5 trillion and a digital economy of $1
trillion. Since electronics underpin manufacturing, the demand for electronic
products will rise to $400 billion by 2025.
The domestic market is expected to increase from US$65 billion to US$180 billion
over the next 5 years. This will make electronics amongst India’s 2-3 top ranking
exports by 2026. Of the US$300 billion, exports are expected to increase from the
projected US$15 billion in 2021-22 to US$120 billion by 2026.
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