| Product Code: ETC4586905 | Publication Date: Jul 2023 | Product Type: Report | ||
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 85 | No. of Figures: 45 | No. of Tables: 25 |
The India retail automation market import shipment experienced a negative CAGR from 2020 to 2024. The growth rate declined notably between 2023 and 2024. The market exhibited a consistent slowing trend, indicating a contraction in import shipments over the period.
The India Retail Automation Market is experiencing significant growth as retailers seek to enhance the customer experience, streamline operations, and improve inventory management. Retail automation encompasses a range of technologies, including self-checkout systems, smart shelves, and inventory management solutions. With the growth of organized retail and e-commerce in India, retailers are increasingly turning to automation to meet the demands of tech-savvy consumers and reduce operational costs. The market is marked by innovations such as cashierless stores and the use of artificial intelligence and machine learning for inventory forecasting. As India retailers adapt to changing consumer preferences and competition, the retail automation market is expected to remain dynamic and influential.
The India Retail Automation market is on an upward trajectory, primarily driven by the evolving consumer landscape and the need for enhanced customer experiences. With the rise of e-commerce and changing consumer expectations, retailers are turning to automation to remain competitive. Self-checkout kiosks, automated inventory management, and smart shelves are among the solutions that help retailers streamline operations, reduce checkout times, and offer personalized shopping experiences. The COVID-19 pandemic further accelerated the adoption of retail automation, as contactless solutions became a necessity for safety and convenience. Additionally, the need for data analytics and customer insights is pushing retailers to invest in automation to gather valuable information that can inform strategic decision-making. As a result, the India Retail Automation market is set to continue its growth trajectory.
The India Retail Automation market encounters challenges related to the adoption of automation in diverse retail environments, from traditional stores to e-commerce. Customer privacy concerns, as well as issues related to data security and fraud prevention, are top priorities. Additionally, adapting to changing consumer behavior and preferences requires continuous technological innovation, which can be demanding for market players.
The India Retail Automation market witnessed significant changes due to the COVID-19 pandemic. With an increased emphasis on contactless shopping and reduced physical interactions, retailers adopted automation technologies like self-checkout kiosks and autonomous robots for inventory management. The demand for retail automation solutions is expected to continue as businesses prioritize customer safety and convenience in a post-pandemic retail landscape.
Major companies operating in this sector include NCR Corporation, Toshiba Global Commerce Solutions, Diebold Nixdorf, Inc., Zebra Technologies, and Fujitsu Limited.
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 Retail Automation Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India Retail Automation Market Revenues & Volume, 2021 & 2031F |
3.3 India Retail Automation Market - Industry Life Cycle |
3.4 India Retail Automation Market - Porter's Five Forces |
3.5 India Retail Automation Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 India Retail Automation Market Revenues & Volume Share, By End User, 2021 & 2031F |
4 India Retail Automation Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing adoption of technology in retail sector |
4.2.2 Growing demand for improved customer experience and convenience |
4.2.3 Rising labor costs leading to automation to enhance operational efficiency |
4.3 Market Restraints |
4.3.1 High initial investment costs for implementing retail automation solutions |
4.3.2 Resistance to change and concerns about job displacement |
4.3.3 Lack of skilled workforce to operate and maintain automated systems |
5 India Retail Automation Market Trends |
6 India Retail Automation Market, By Types |
6.1 India Retail Automation Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 India Retail Automation Market Revenues & Volume, By Type, 2021-2031F |
6.1.3 India Retail Automation Market Revenues & Volume, By PoS, 2021-2031F |
6.1.4 India Retail Automation Market Revenues & Volume, By Barcode , 2021-2031F |
6.1.5 India Retail Automation Market Revenues & Volume, By RFID, 2021-2031F |
6.1.6 India Retail Automation Market Revenues & Volume, By ESL, 2021-2031F |
6.1.7 India Retail Automation Market Revenues & Volume, By Camera, 2021-2031F |
6.1.8 India Retail Automation Market Revenues & Volume, By AGV, 2021-2031F |
6.1.9 India Retail Automation Market Revenues & Volume, By Automated Conveyor, 2021-2031F |
6.1.10 India Retail Automation Market Revenues & Volume, By Automated Conveyor, 2021-2031F |
6.2 India Retail Automation Market, By End User |
6.2.1 Overview and Analysis |
6.2.2 India Retail Automation Market Revenues & Volume, By Hypermarkets, 2021-2031F |
6.2.3 India Retail Automation Market Revenues & Volume, By Supermarkets, 2021-2031F |
6.2.4 India Retail Automation Market Revenues & Volume, By Single Item Store, 2021-2031F |
6.2.5 India Retail Automation Market Revenues & Volume, By Fuel Stations, 2021-2031F |
6.2.6 India Retail Automation Market Revenues & Volume, By Retail Pharmacies, 2021-2031F |
7 India Retail Automation Market Import-Export Trade Statistics |
7.1 India Retail Automation Market Export to Major Countries |
7.2 India Retail Automation Market Imports from Major Countries |
8 India Retail Automation Market Key Performance Indicators |
8.1 Percentage increase in the number of retail outlets implementing automation solutions |
8.2 Reduction in average transaction time at automated checkout counters |
8.3 Increase in customer satisfaction scores related to the convenience and efficiency of automated services |
9 India Retail Automation Market - Opportunity Assessment |
9.1 India Retail Automation Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 India Retail Automation Market Opportunity Assessment, By End User, 2021 & 2031F |
10 India Retail Automation Market - Competitive Landscape |
10.1 India Retail Automation Market Revenue Share, By Companies, 2024 |
10.2 India Retail Automation 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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