India smart manufacturing market is projected to witness considerable growth during the forecast period. The major factors contributing to the growth of the market include the rising government initiatives for driving the manufacturing industry in India through ‘Make in India’ initiative. Moreover, the ease of FDI is further attracting the attention of the market players in the country. In November 2019, Schneider Electric opened its smart factory in Hyderabad, India. It is the second smart factory facility inaugurated by the company in India. With such rising development of smart factories, the market for smart manufacturing in India is expected to propel during the forecast period.
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The India smart manufacturing market is influenced by product development and advancements conducted by the market players. The key players of the smart manufacturing market include ABB Ltd., Emerson Electric Co., SAP SE, Schneider Electric SE, Siemens AG, Honeywell International, Inc., General Electric Co., and Intel Corp. These players are playing a significant role in the growth of the smart manufacturing market by providing various products and adopting several strategies such as merger and acquisition, partnerships and collaboration, technological development, and others.
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- Market Coverage
- Market number available for – 2024-2031
- Base year- 2024
- Forecast period- 2024-2031
- Segment Covered- By Source, By Product Type, By Applications
- Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill
- , and others
India Smart Transportation Market – Segmentation
By Transportation Mode
- Railways
- Roadways
- Airways
- Maritime
By Application
- Ticketing Management System
- Parking Management System
- Traffic Management System
- Others (Integrated Supervision System)
The Report covers:
- Comprehensive research methodology of the India smart manufacturing market.
- This report also includes a detailed and extensive market overview with key analyst insights.
- An exhaustive analysis of macro and micro factors influencing the market guided by key recommendations.
- Analysis of regional regulations and other government policies impacting India smart manufacturing market.
- Insights about market determinants which are stimulating the India market.
- Detailed and extensive market segments with regional distribution of forecasted revenues.
- Extensive profiles and recent developments of market players.
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