IIAREE/IETF 2023

Thu, February 16, 2023 - Sat, February 18, 2023 (10:00 am - 6:00 pm)Asia/Kolkata

February
16 Thursday

IIAREE/IETF 2023

Thu, February 16, 2023 - Sat, February 18, 2023 (10:00 am - 6:00 pm)Asia/Kolkata
Pragati Maidan
Pragati Maidan, New Delhi, Delhi, India

Description

The industrial automation and instrumentation market in India is estimated to grow by USD 1.92 billion from 2020 to 2025, and the market’s growth is anticipated to accelerate at a CAGR of 8.62%. The global market for industrial robots was sized at about 43.8 billion U.S. dollars in 2021. The market is expected to grow at a compound annual growth rate (CAGR) of around 10 percent, reaching almost 70.6 billion U.S. dollars by 2028. India Industrial Robotics Market CAGR is expected to be 13% during the forecast period and the market size is expected to reach nearly US$ 9.02 Bn. by 2027. By 2025, India aims to achieve a GDP of $5 trillion and a digital economy of $1 trillion. Since electronics underpin manufacturing, the demand for electronic products will rise to $400 billion by 2025. The domestic market is expected to increase from US$65 billion to US$180 billion over the next 5 years. This will make electronics amongst India’s 2-3 top ranking exports by 2026. Of the US$300 billion, exports are expected to increase from the projected US$15 billion in 2021-22 to US$120 billion by 2026.
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Event Calendar

Thursday, February 16, 2023 - Saturday, February 18, 2023

10:00 am - 6:00 pm  Asia/Kolkata
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