The industrial automation market in India is expected to have a CAGR of 10-12 per cent over a period during 2015-2020.
The industry is in an evolving phase. There are many factors which are considerably changing the outlook of the industry such as ever-increasing need of complying to global standards, the constant need for improving operational excellence, desire for zero defects, productivity and quality improvement, etc. This is further supplemented by certain macroeconomic factors which are poised to bring a positive effect on manufacturing (the key target area for industrial automation) such as the rising disposable incomes of the populace, expanding middle-class, rise in rural demand, urbanisation, and structured and focused initiatives like ‘Make in India’. Efforts are being enhanced to achieve the ambitious target of making manufacturing contribute 25 per cent of GDP and create 100 million jobs by 2022. All these would surely help automation to grow further in India, says Sameer Gandhi, Managing Director, Omron Automation, India. As of now, the industrial automation market in India is expected to have a CAGR of 10-12 per cent over a period during 2015-2020.
Market position Omron Automation is one of the leading players in the industrial automation domain and is counted as one of the key players in packaging, automotive and F&B applications and industrial domains. It also has the widest portfolio of input, logic, output, robotics and safety components in the industry.
Prime offerings Omron helps the manufacturers develop better machines by contributing towards myriad important aspects such as quality, productivity, efficiency, accuracy, safety, energy saving, to name just a few. Its portfolio comprises of approximately 30,000 variants encompassing industrial components, automation systems, sensing and safety, motion and drives, robotics, software, etc. catering to automotive, food and beverage, pharma, packaging industries.
Latest entrant The company has recently introduced the IoT based solutions and some niche sector- specific offerings such as 1S Servo, its new range of Colour Mark Sensors and some more upgraded solutions for the panel builders.
