India Smart Manufacturing Market Size & Outlook, 2026-2033
Related Markets
India smart manufacturing market highlights
- The India smart manufacturing market generated a revenue of USD 23,226.6 million in 2025 and is expected to reach USD 78,049.7 million by 2033.
- The India market is expected to grow at a CAGR of 15.7% from 2026 to 2033.
- In terms of segment, software was the largest revenue generating component in 2025.
- Software is the most lucrative component segment registering the fastest growth during the forecast period.
Smart manufacturing market data book summary
| Market revenue in 2025 | USD 23,226.6 million |
| Market revenue in 2033 | USD 78,049.7 million |
| Growth rate | 15.7% (CAGR from 2026 to 2033) |
| Largest segment | Software |
| Fastest growing segment | Software |
| Historical data | 2021 - 2024 |
| Base year | 2025 |
| Forecast period | 2026 - 2033 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Hardware, Software, Services |
| Key market players worldwide | ABB Ltd, Siemens AG, GE Aerospace, Rockwell Automation Inc, Schneider Electric SE, Honeywell International Inc, Fanuc Corp |
Other key industry trends
- In terms of revenue, India accounted for 5.7% of the global smart manufacturing market in 2025.
- Country-wise, China is expected to lead the global market in terms of revenue in 2033.
- In Asia Pacific, China smart manufacturing market is projected to lead the regional market in terms of revenue in 2033.
- India is the fastest growing regional market in Asia Pacific and is projected to reach USD 78,049.7 million by 2033.
No credit card required*
Horizon in a snapshot
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
Smart Manufacturing Market Scope
Smart Manufacturing Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Fanuc Corp | View profile | 11532 | 3580, Shibokusa, Oshino-mura, Minamitsuru-gun, Yamanashi, Japan, 401-0597 | http://www.fanuc.co.jp |
| Honeywell International Inc | View profile | 95000 | 855 South Mint Street, Charlotte, NC, United States, 28202 | https://www.honeywell.com |
| Rockwell Automation Inc | View profile | 29000 | 1201 South Second Street, Milwaukee, WI, United States, 53204 | https://www.rockwellautomation.com |
| GE Aerospace | View profile | 125000 | One Financial Center, Suite 3700, Boston, MA, United States, 02111 | https://www.geaerospace.com |
| Siemens AG | View profile | 321000 | Werner-von-Siemens-Strabe 1, Munich, BY, Germany, 80333 | https://www.siemens.com |
| ABB Ltd | View profile | 108700 | Affolternstrasse 44, Zurich, Switzerland, 8050 | https://www.abb.com |
| Schneider Electric SE | View profile | 162339 | 35, rue Joseph Monier - CS 30323, Rueil Malmaison, France, F-92506 | https://www.se.com |
India smart manufacturing market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to smart manufacturing market will help companies and investors design strategic landscapes.
Software was the largest segment with a revenue share of 61.58% in 2025. Horizon Databook has segmented the India smart manufacturing market based on hardware, software, services covering the revenue growth of each sub-segment from 2021 to 2033.
Reasons to subscribe to India smart manufacturing market databook:
-
Access to comprehensive data: Horizon Databook provides over 1 million market statistics and 20,000+ reports, offering extensive coverage across various industries and regions.
-
Informed decision making: Subscribers gain insights into market trends, customer preferences, and competitor strategies, empowering informed business decisions.
-
Cost-Effective solution: It's recognized as the world's most cost-effective market research database, offering high ROI through its vast repository of data and reports.
-
Customizable reports: Tailored reports and analytics allow companies to drill down into specific markets, demographics, or product segments, adapting to unique business needs.
-
Strategic advantage: By staying updated with the latest market intelligence, companies can stay ahead of competitors, anticipate industry shifts, and capitalize on emerging opportunities.
Target buyers of India smart manufacturing market databook
-
Our clientele includes a mix of smart manufacturing market companies, investment firms, advisory firms & academic institutions.
-
30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
-
Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
-
The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of country-level data and insights on the India smart manufacturing market , including forecasts for subscribers. This country databook contains high-level insights into India smart manufacturing market from 2021 to 2033, including revenue numbers, major trends, and company profiles.
Partial client list
India smart manufacturing market size, by component, 2021-2033 (US$M)
India Smart Manufacturing Market Outlook Share, 2025 & 2033 (US$M)
Related statistics
Sign up - it's easy, and free!
Sign up and get instant basic access to databook, upgrade
when ready, or enjoy our
free plan indefinitely.
Included in Horizon account
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
