The market is constantly looking for opportunities to improve and enhance the process of production. India has always been a market where constant innovations and technology improvements drive the working force. Today industries are keen to adopt methods that can boost the production and systematize the channels with less dependency on external factors. For Industrial Automation Energy efficiency is a big area propelling automation demand. Apart from this, increased usage of IoT and sensors is playing a big role in terms of opportunities being created in the market—right at the product and process level. Lots of companies today are looking at capturing the data at the machine or process level and localizing it or routing through the cloud to gain critical insights in terms of preventive maintenance.
In India, the size of the industrial automation industry is estimated to be $2 billion while its growth rate is approximately 11.6%. At its estimated rate of growth- which itself is expected to increase after 2023- the size of the industrial automation industry in India will grow to almost $7 billion by 2030. Currently, India is contributing less than industry which is globally estimated at $ 237 Billion. But the government has already shared its explicit goal to increase manufacturing’s share in the domestic economy from 16% to 25% by 2022, by which time the Indian economy is expected to grow to $5 trillion. So if India gets it right, the manufacturing sector in India will grow from $480 billion today to $1.25 trillion by 2022.
Currently, Industrial Automation is focused to encourage digitization of manufacturing or as we call it Industry 4.0 with IIot based solution for smart manufacturing. Going ahead the trend for smart manufacture will be to implement the artificial intelligence for ensuring smooth execution in smart factories with proper monitoring at every process. The idea is to make industry think like a human with cost-efficient technology and solutions that will not only enhance the outcome but at the same time give machines the thoughts to understand the problems with proper data analytics and a knowledge center.
To make this possible it is necessary that continues innovation in Industrial Automation helps the growth of the manufacturing ecosystem. At present 62% of Indian Manufacturer including those in labor-intensive sectors like automotive, industrial goods and heavy manufacturing, are still at the third industrial revolution in terms of technology. While many might attribute this slow growth towards lack of investment but the ground reality is that 66% of the slow growth is because of lack of knowledge whereas investment only counters 10%. This resolves the fear that human intelligence might have a limited role to play and on the other hand, indicates that man-machine shake hand will only help the future to be more stabilized.
Industrial Automation is one of the major contributor for industries to achieve the vision of Industry 4.0 and smart manufacturing. At Delta, the focus is to constantly develop and enhance processes in supporting the growing demand of the market, which is also a major driving force essential to understand and accordingly innovate applications that can strengthen the Industrial Automation Infrastructure. Energy-efficiency is another big area propelling automation demand, and Delta, with the competency of powering green automation, is expecting huge momentum in this space. With our focus towards adopting the latest technology and solutions such as IoT and Industry 4.0 where we have major offerings to support the industry, new opportunities are being created in the market right at the machine, factory & process level.
The emphasis is to support the increasing demands of market with our full potential and to scale it up we are coming up with our new plant in Krishnagiri and new state-of-the-art R&D center in Bengaluru that will focus on domestic production as well as on exports, thus further strengthening our commitment to the Indian market and GOI’s “Make in India” initiative. This reinforces the company’s contribution to facilitating investment, foster innovation, enhance skills development, and build best in the class manufacturing infrastructure units in the country.
Our biggest strength is our commitment to innovating and developing cutting- edge technology and energy-efficient solutions that understand the changing trend of the industry and showcase Delta’s vision to develop what is sustainable in nature. We offer products range which includes AC Motor Drives, Servo and Motion Control Systems, CNC Controllers, Hybrid Energy Saving Systems, Programmable Logic Controllers, Human Machine Interfaces, Machine Vision Systems, Meters and Sensors, Industrial and Medical Power Supplies, Power Quality Products, Industrial Ethernet Solutions, Industrial Control and Monitoring Software, and Industrial Robots. Our Industrial Automation Solutions extend to a broad range of industry applications like Electronics, Elevators, Textiles, Food & Beverages, Pharma, Rubber & Plastics, Packaging, Printing, Woodworking, Automotive, Environment & Water Treatment, Metal Processing & Machine Tools to name a few.
Delta is all about Smart Manufacturing. We integrate our automation products, equipment networking, system software, IoT technology and big data analysis to build innovative and reliable green automation solutions.
We’ve been ranked 3 in the supply of AC Motor Drives. This is the result of promise and vision we share with our partners and associates who have trusted us. In Industrial Automation Infrastructure we intend to grow 20% year on year for the next five years and we are quite optimistic about this target. The focus is to keep innovating and delivering the industry best in and to realize our promise of “Automation for a Changing World”.
Industry Statistics (Source : Media Reports)
Disclaimer: The views and information contained on this blog is for general information purpose only. For further details please contact us at info@deltaelectronicsindia.com
