Report Overview

India Industrial Robotics Market - Industry Trends & Forecast Report, 2029

India industrial robotics market size was estimated at USD 4.92 billion in 2022. During the forecast period between 2023 and 2029, the size of India industrial robotics market is projected to grow at a CAGR of 12.60% reaching a value of USD 11.29 billion by 2029. Major growth drivers for the India industrial robotics market include the rising advancements in technology, increasing automation needs, and efforts to enhance manufacturing capabilities in the country. These drivers are notably aligned with the establishment of fresh manufacturing capacities within India, a pivotal stride toward offering substantial educational and employment opportunities for its burgeoning populace. The United Nations' estimations reveal that India's population has attained a momentous milestone, surmounting 1.4 billion and surpassing China for the first time. This transformative demographic shift heralds the presence of a substantial and youthful workforce, poised to not only catalyze economic expansion but also fuel inventive advancements. By 2027, India’s working-age population will be the largest in the world. It further amplifies the significance of cultivating new manufacturing capabilities within the country. This strategic endeavor assumes a dual role—propelling economic progress and vitalizing education and employment prospects for the nation's burgeoning populace. Additionally, industrial robots ensure impeccable quality, particularly significant for sectors, such as automotive and electronics. Noteworthy initiatives like "Make in India" are structured to incentivize robotics adoption, thus magnifying manufacturing capabilities. Furthermore, the realm of automation bridges skill gaps, adeptly addressing demand surges while bolstering global competitiveness. Safety, ergonomics, and innovation collectively fortify the adoption of industrial robotics. These multifaceted dynamics culminate in collaborative robots (cobots) augmenting operational flexibility, the power of Industry 4.0 fueling intelligent and interconnected factories, and an unwavering commitment to environmental consciousness promoting sustainable practices. This holistic ecosystem propels India's industrial robotics domain into a future defined by innovation, precision, and sustainable growth, signifying a promising evolution on the horizon.

India Industrial Robotics Market – Overview

India industrial robotics market refers to the landscape encompassing the manufacturing, distribution, and utilization of robotic technologies within various industries and sectors across India. This market involves the integration of advanced robotic systems and automation solutions to enhance productivity, efficiency, and precision in manufacturing processes. It encompasses a wide range of robotic applications, including assembly, welding, material handling, painting, and more, aimed at improving operational capabilities and addressing the evolving needs of Indian industries. The India industrial robotics market reflects the adoption of cutting-edge technologies to optimize manufacturing workflows, bridge skill gaps, meet demand surges, and contribute to the country's economic growth and industrial competitiveness.

India Industrial Robotics Market

Growth Drivers

Increase in E-commerce and Logistics

The surge in e-commerce and logistics is significantly impacting India's rapidly growing industrial economy. Marina Bill, President of the International Federation of Robotics, notes that India has witnessed a remarkable expansion in the operational stock of industrial robots, marking an impressive 16% annual growth rate since 2016. With India ranking as the fifth largest global economy in terms of manufacturing output, the automotive industry leads the way, accounting for 31% of robotics consumption in 2021. As the government supports the industrial sector's growth, initiatives like the Production Linked Incentive (PLI) scheme are set to enhance India's competitiveness and attractiveness for investors. This transformation aligns with the evolving landscape of e-commerce and logistics, driven by technological advancements and the country's burgeoning workforce.

Growing adoption of industry 4.0

As automation gains momentum worldwide, India is following suit with a rising number of industrial machines. Over the past five years, the count of industrial robots in India has doubled, although the nation still trails behind countries like China, Japan, the United States, Germany, France, and Italy. The latest World Robotics Report-2020 from the International Robotic Federation (IRF) reveals India's climb to the top 10 countries for annual robot installations. The report states that in 2019, India welcomed over 4,300 new industrial robots, leading to a total of more than 26,000 units—a doubling in just five years. This growth resonates with the principles of Industry 4.0, where technological integration is paramount. The global industrial robot count reached 2.7 million by 2019, marking a 12% increase from 2018. While India saw a slight decrease in new installations in 2019, its progress remains impressive. The automotive sector claims the largest share of robot installations in India at 44%, while the general industry, including rubber, plastics, metal, and electrical/electronics, is rapidly catching up, illustrating the expanding influence of Industry 4.0's transformative potential.

Restraints

High Initial Investments

India industrial robots market faces a significant hurdle due to the requirement for substantial initial investment. Procuring and installing industrial robots encompasses considerable upfront costs, including robot purchase, integration, training, and infrastructure adjustments. For smaller businesses and those with limited resources, these expenses can be daunting. Additionally, while the long-term advantages are evident, the time required for return on investment (ROI) can deter budget-conscious entities. Customization complexity and integration further contribute to costs. Potential solutions involve incentives, subsidies, and collaborative initiatives to ease financial burdens. As technology advances, costs may gradually decrease, enhancing accessibility and adoption across industries.

Impact of COVID-19 on India Industrial Robotics Market

COVID-19 pandemic adversely affected the India industrial robotics market. The widespread disruptions caused by the pandemic led to shifts in demand, supply chain disruptions, and economic uncertainties. The initial lockdowns and restrictions imposed to contain the virus halted manufacturing activities, affecting the adoption of industrial robots. Industries reliant on labor-intensive processes faced challenges in maintaining operations and implementing automation due to reduced workforce availability. Also, the uncertainty surrounding the pandemic led to a cautious approach among businesses, delaying investment decisions, including those related to robotics. Supply chain disruptions disrupted the timely delivery of robotic components, further impeding adoption efforts. Conversely, the pandemic also highlighted the importance of automation in maintaining operations during crises. Industries that had already integrated robotics demonstrated better resilience, leading to renewed interest in industrial automation. As businesses looked for ways to minimize human contact and ensure continuity, the demand for robotics in areas such as warehousing, logistics, and healthcare increased.

India Industrial Robotics Market

Segmental Coverage

India Industrial Robotics Market – By Type

By type, the India industrial robotics market is divided into Articulated, Cartesian, SCARA, and Cylindrical segments. The articulated segment held the highest share in the India industrial robotics market by type due to its versatility and adaptability to various industrial applications. Articulated robots feature multiple interconnected joints, offering a wide range of motion similar to a human arm. This flexibility allows them to navigate complex tasks, reach difficult-to-access areas, and perform precise movements. In manufacturing environments, such as automotive assembly lines, electronics production, and packaging, where intricate and diverse operations are required, articulated robots excel. Their ability to handle tasks with precision and efficiency, combined with advancements in control systems and sensors, has made them a preferred choice for industries seeking enhanced productivity and operational excellence. This aligns with the growing adoption of Industry 4.0 principles, where automation plays a pivotal role in optimizing manufacturing processes.

India Industrial Robotics Market – By Application

Based on application, the India industrial robotics market is divided into Handling, Assembling & Disassembling, Welding & Soldering, Cleanroom, Dispensing, and Processing segments. The handling segment holds the highest share in the India industrial robotics market by application due to its fundamental role in enhancing operational efficiency and reducing human intervention across various industries. Handling robots are designed to manipulate and transport materials, components, and products within production lines, warehouses, and distribution centers. Their precise and repetitive movements streamline tasks such as picking, packing, palletizing, and sorting, which are essential in industries like e-commerce, logistics, and manufacturing. The rapid growth of e-commerce and the need for faster order fulfillment have driven the demand for handling robots. Moreover, in industries like automotive and electronics, where precision is crucial, handling robots ensure consistent quality and reduce the risk of errors. As companies strive to optimize their supply chain and improve productivity, the versatility and reliability of handling robots make them a cornerstone of automation strategies, thus contributing to their prominent market share.

India Industrial Robotics Market – By End User

Based on end user, the India industrial robotics market is divided into Automotive, Electrical/Electronics, Metal/Heavy Machinery, Chemical, Rubber, & Plastics, and Food segments. The food segment occupies the highest share in the India industrial robots market by end user due to its role in addressing key challenges faced by the food processing and packaging industry. Industrial robots have gained significant traction in this sector due to their ability to enhance hygiene, efficiency, and product quality. In the food industry, stringent hygiene and safety standards are paramount, and robots offer a solution by reducing human contact in food handling processes, minimizing the risk of contamination. Additionally, industrial robots can handle delicate tasks such as sorting, packaging, and labeling with precision, reducing waste and ensuring consistent product presentation. The demand for processed and packaged food products, driven by changing consumer lifestyles, has further propelled the adoption of robots in this sector. As companies seek to optimize production, ensure compliance with regulations, and meet consumer demands, industrial robots have emerged as a valuable tool, making the food segment a prominent contributor to their widespread usage in the Indian market.

India Industrial Robotics Market – By Region

Regionally, the India industrial robotics market is divided into North India, South India, East India, and West India.

Competitive Landscape

Major players operating in the India industrial robotics market include ABB Ltd, Yaskawa Electric Corporation, Mitsubishi Electric Corporation, Nachi-Fujikoshi Corp., Comau SpA, KUKA AG, Fanuc Corporation, Denso Corporation, Kawasaki Heavy Industries, Ltd, and Omron Corporation. To further enhance their market share, these companies employ various strategies, including mergers and acquisitions, partnerships, joint ventures, license agreements, and new product launches.

Recent Developments

• In April 2023 - Delta Electronics, a Taiwan-based company specializing in machine automation, robotics solutions, vision solutions, and camera solutions, invested about USD 500 million in a new facility in Krishnagiri, Tamil Nadu, aligning with the 'Make in India' initiative for national growth.

Scope of the Report

By Type

• Articulated

• Cartesian

• SCARA

• Cylindrical

By Application

• Handling

• Assembling & Disassembling

• Welding & Soldering

• Cleanroom

• Dispensing

• Processing

By End User

• Automotive

• Electrical/Electronics

• Metal/Heavy Machinery

• Chemical, Rubber, & Plastics

• Food

By Region

• North India

• South India

• East India

• West India

1. Research Framework
   1. Research Objective
   2. Product Overview
   3. Market Segmentation
2. Executive Summary
3. India Industrial Robotics Market Insights
   1. Industry Value Chain Analysis
   2. DROC Analysis
      1. Growth Drivers
         1. Increase in e-commerce and logistics
         2. Growing adoption of industry 4.0
      2. Restraints
         1. High initial investment
      3. Opportunity
         1. Increasing automation in electronics industry
      4. Challenges
         1. Limited flexibility
   3. Technological Advancements/Recent Developments
   4. Regulatory Framework
   5. Porter’s Five Forces Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of New Entrants
      4. Threat of Substitutes
      5. Intensity of Rivalry
4. India Industrial Robotics Market Overview
   1. Market Size & Forecast, 2019–2029
      1. By Value (USD Billion)
   2. Market Share & Forecast
      1. By Type
         1. Articulated
         2. Cartesian
         3. SCARA
         4. Cylindrical
         5. Others
      2. By Application
         1. Handling
         2. Assembling & Disassembling
         3. Welding & Soldering
         4. Cleanroom
         5. Dispensing
         6. Processing
         7. Others
      3. By End User
         1. Automotive
         2. Electrical/Electronics
         3. Metal/Heavy Machinery
         4. Chemical, Rubber, & Plastics
         5. Food
         6. Others
      4. By Region
         1. North India
         2. South India
         3. East India
         4. West India
5. North India Industrial Robotics Market
   1. Market Size & Forecast, 2019–2029
      1. By Value (USD Billion)
   2. Market Share & Forecast
      1. By Type
      2. By Application
      3. By End User
6. South India Industrial Robotics Market
   1. Market Size & Forecast, 2019–2029
      1. By Value (USD Billion)
   2. Market Share & Forecast
      1. By Type
      2. By Application
      3. By End User
7. East India Industrial Robotics Market
   1. Market Size & Forecast, 2019–2029
      1. By Value (USD Billion)
   2. Market Share & Forecast
      1. By Type
      2. By Application
      3. By End User
8. West India Industrial Robotics Market
   1. Market Size & Forecast, 2019–2029
      1. By Value (USD Billion)
   2. Market Share & Forecast
      1. By Type
      2. By Application
      3. By End User
9. Competitive Landscape
   1. List of Key Players and Their Offerings
   2. India Industrial Robotics Company Market Share Analysis, 2022
   3. Competitive Benchmarking, By Operating Parameters
   4. Key Strategic Developments (Mergers, Acquisitions, Partnerships, etc.)
10. Impact of Covid-19 on India Industrial Robotics Market
11. Company Profile (Company Overview, Financial Matrix, Competitive Landscape, Key Personnel, Key Competitors, Contact Address, Strategic Outlook, SWOT Analysis)
    1. ABB Ltd
    2. Yaskawa Electric Corporation
    3. Mitsubishi Electric Corporation
    4. Nachi-Fujikoshi Corp.
    5. Comau SpA
    6. KUKA AG
    7. Fanuc Corporation
    8. Denso Corporation
    9. Kawasaki Heavy Industries, Ltd
    10. Omron Corporation
    11. Other Prominent Players
12. Key Strategic Recommendations
13. Research Methodology
    1. Qualitative Research
       1. Primary & Secondary Research
    2. Quantitative Research
    3.  Market Breakdown & Data Triangulation
       1.  Secondary Research
       2.  Primary Research
    4.  Breakdown of Primary Research Respondents, By Country
    5.  Assumptions & Limitations

*Financial information of non-listed companies can be provided as per availability.

**The segmentation and the companies are subject to modifications based on in-depth secondary research for the final deliverable.

List of Figures

Figure 1       India Industrial Robotics Segmentation        

Figure 2       India Industrial Robotics Market Value Chain Analysis      

Figure 3       Company Market Share Analysis, 2022

Figure 4       India Industrial Robotics Market Size, By Value (USD Billion), 2019–2029     

Figure 5       India Industrial Robotics Market Share, By Type, By Value, 2019–2029

Figure 6       India Industrial Robotics Market Share, By Application, By Value, 2019–2029

Figure 7       India Industrial Robotics Market Share, By End User, By Value, 2019–2029   

Figure 8       North India Industrial Robotics Market Size, By Value (USD Billion), 2019–2029         

Figure 9       North India Industrial Robotics Market Share, By Type, By Value, 2019–2029

Figure 10     North India Industrial Robotics Market Share, By Application, By Value, 2019–2029 

Figure 11     North India Industrial Robotics Market Share, By End User, By Value, 2019–2029         

Figure 12     South India Industrial Robotics Market Size, By Value (USD Billion), 2019–2029         

Figure 13     South India Industrial Robotics Market Share, By Type, By Value, 2019–2029

Figure 14     South India Industrial Robotics Market Share, By Application, By Value, 2019–2029 

Figure 15     South India Industrial Robotics Market Share, By End User, By Value, 2019–2029         

Figure 16     East India Industrial Robotics Market Size, By Value (USD Billion), 2019–2029         

Figure 17     East India Industrial Robotics Market Share, By Type, By Value, 2019–2029 

Figure 18     East India Industrial Robotics Market Share, By Application, By Value, 2019–2029         

Figure 19     East India Industrial Robotics Market Share, By End User, By Value, 2019–2029         

Figure 20     West India Industrial Robotics Market Size, By Value (USD Billion), 2019–2029         

Figure 21     West India Industrial Robotics Market Share, By Type, By Value, 2019–2029

Figure 22     West India Industrial Robotics Market Share, By Application, By Value, 2019–2029         

Figure 23     West India Industrial Robotics Market Share, By End User, By Value, 2019–2029         

List of Tables

Table 1        India Industrial Robotics Market Size, By Value (USD Billion), 2019–2029

Table 2        India Industrial Robotics Market Size, By Type, By Value, 2019–2029

Table 3        India Industrial Robotics Market Size, By Application, By Value, 2019–2029

Table 4        India Industrial Robotics Market Size, By End User, By Value, 2019–2029

Table 5        North India Industrial Robotics Market Size, By Value (USD Billion), 2019–2029

Table 6        North India Industrial Robotics Market Size, By Type, By Value, 2019–2029

Table 7        North India Industrial Robotics Market Size, By Application, By Value, 2019–2029

Table 8        North India Industrial Robotics Market Size, By End User, By Value, 2019–2029

Table 9        South India Industrial Robotics Market Size, By Value (USD Billion), 2019–2029

Table 10      South India Industrial Robotics Market Size, By Type, By Value, 2019–2029

Table 11      South India Industrial Robotics Market Size, By Application, By Value, 2019–2029

Table 12      South India Industrial Robotics Market Size, By End User, By Value, 2019–2029

Table 13      East India Industrial Robotics Market Size, By Value (USD Billion), 2019–2029

Table 14      East India Industrial Robotics Market Size, By Type, By Value, 2019–2029

Table 15      East India Industrial Robotics Market Size, By Application, By Value, 2019–2029

Table 16      East India Industrial Robotics Market Size, By End User, By Value, 2019–2029

Table 17      West India Industrial Robotics Market Size, By Value (USD Billion), 2019–2029

Table 18      West India Industrial Robotics Market Size, By Type, By Value, 2019–2029

Table 19      West India Industrial Robotics Market Size, By Application, By Value, 2019–2029

Table 20      West India Industrial Robotics Market Size, By End User, By Value, 2019–2029

Table 21      ABB Ltd Company Overview

Table 22      ABB Ltd Financial Overview

Table 23      Yaskawa Electric Corporation Company Overview

Table 24      Yaskawa Electric Corporation Financial Overview

Table 25      Mitsubishi Electric Corporation Company Overview

Table 26      Mitsubishi Electric Corporation Financial Overview

Table 27      Nachi-Fujikoshi Corp. Company Overview

Table 28      Nachi-Fujikoshi Corp. Financial Overview

Table 29      Comau SpA Company Overview

Table 30      Comau SpA Financial Overview

Table 31      KUKA AG Company Overview

Table 32      KUKA AG Financial Overview

Table 33      Fanuc Corporation Company Overview

Table 34      Fanuc Corporation Financial Overview

Table 35      Denso Corporation Company Overview

Table 36      Denso Corporation Financial Overview

Table 37      Kawasaki Heavy Industries, Ltd Company Overview

Table 38      Kawasaki Heavy Industries, Ltd Financial Overview

Table 39      Zoetis Company Overview

Table 40      Zoetis Financial Overview

Table 41      Omron Corporation Company Overview

Table 42      Omron Corporation Financial Overview,