The Indian Industrial Automation market is increasing to be worth $23.09 billion by 2027, growing at a 14.26% CAGR 9compound annual growth rate) during the forecast period (2022 - 2027). India's Industrial Automation sector has been transformed by merging physical and digital stages of production to achieve maximum performance. Furthermore, the focus on zero waste production and shorter time to market has sped up market growth.
The worldwide Industrial Automation sector is predicted to grow at a CAGR of 9.8% between 2022 and 2029, from $205.86 billion to $395.09 billion. According to Gartner, the Digital Automation market will reach $600 billion in the current fiscal year, representing a 35% annualized growth rate over the next five years. Infosys, India's second-largest software services firm by revenue, has accelerated Automation through 24,000 bots to increase efficiency and productivity.