| Product Code: ETC7537333 | Publication Date: Sep 2024 | Product Type: Market Research Report | ||
| Publisher: 6Wresearch | Author: Sumit Sagar | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
The India automation control components and devices market import shipment experienced a significant decline over the period of 2020-2024, with a CAGR of -15.6%. The growth rate between 2023 and 2024 plummeted by -74.3%, indicating a sharp contraction in the market. The market clearly contracted, showing a strong downward momentum and a consistent negative trend throughout the period.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 India Automation Control Components and Devices Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India Automation Control Components and Devices Market Revenues & Volume, 2021 & 2031F |
3.3 India Automation Control Components and Devices Market - Industry Life Cycle |
3.4 India Automation Control Components and Devices Market - Porter's Five Forces |
3.5 India Automation Control Components and Devices Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 India Automation Control Components and Devices Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 India Automation Control Components and Devices Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing adoption of Industry 4.0 practices in Indian industries |
4.2.2 Growing demand for energy-efficient solutions in manufacturing processes |
4.2.3 Government initiatives promoting automation in various sectors |
4.3 Market Restraints |
4.3.1 High initial investment required for implementing automation control components and devices |
4.3.2 Lack of skilled workforce for operating advanced automation technologies |
4.3.3 Concerns regarding data security and privacy in automated systems |
5 India Automation Control Components and Devices Market Trends |
6 India Automation Control Components and Devices Market, By Types |
6.1 India Automation Control Components and Devices Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 India Automation Control Components and Devices Market Revenues & Volume, By Type, 2021- 2031F |
6.1.3 India Automation Control Components and Devices Market Revenues & Volume, By Relays or Couplers, 2021- 2031F |
6.1.4 India Automation Control Components and Devices Market Revenues & Volume, By Connectors, 2021- 2031F |
6.1.5 India Automation Control Components and Devices Market Revenues & Volume, By Switches, 2021- 2031F |
6.1.6 India Automation Control Components and Devices Market Revenues & Volume, By Others, 2021- 2031F |
6.2 India Automation Control Components and Devices Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 India Automation Control Components and Devices Market Revenues & Volume, By Automotive, 2021- 2031F |
6.2.3 India Automation Control Components and Devices Market Revenues & Volume, By Manufacturing, 2021- 2031F |
6.2.4 India Automation Control Components and Devices Market Revenues & Volume, By Energy and Power, 2021- 2031F |
6.2.5 India Automation Control Components and Devices Market Revenues & Volume, By Electronics and Semiconductor, 2021- 2031F |
6.2.6 India Automation Control Components and Devices Market Revenues & Volume, By Aerospace and Aviation, 2021- 2031F |
6.2.7 India Automation Control Components and Devices Market Revenues & Volume, By Others, 2021- 2031F |
7 India Automation Control Components and Devices Market Import-Export Trade Statistics |
7.1 India Automation Control Components and Devices Market Export to Major Countries |
7.2 India Automation Control Components and Devices Market Imports from Major Countries |
8 India Automation Control Components and Devices Market Key Performance Indicators |
8.1 Percentage increase in the adoption rate of automation technologies in Indian industries |
8.2 Reduction in energy consumption in manufacturing processes due to automation |
8.3 Number of government policies or incentives supporting automation implementation |
9 India Automation Control Components and Devices Market - Opportunity Assessment |
9.1 India Automation Control Components and Devices Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 India Automation Control Components and Devices Market Opportunity Assessment, By Application, 2021 & 2031F |
10 India Automation Control Components and Devices Market - Competitive Landscape |
10.1 India Automation Control Components and Devices Market Revenue Share, By Companies, 2024 |
10.2 India Automation Control Components and Devices Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
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