Indian automation market to reach US$2M in 2015

The total automation and control solutions market in India (including DCS, PLC, MES, HMI, SCADA, and APC), which generated US$1352.4 million as revenues in 2011, is expected to generate US$2077.3 million in 2015 with compound annual growth rate (CAGR) of 11.3%, according to Frost & Sullivan. Major end users of automation technology will continue to be power, oil and gas, food and beverages, pharmaceuticals, and automotive industries, as they continue to provide significant growth potential. Other industries such as consumer packaged goods (CPG), electronics, and textiles are also expected to generate significant demand for automation in the coming years.