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India Retail Automation Market Outlook to 2019 – Growth Driven by Increase in FDI, Elevating Local Production and Demand from Small Scale Retailers

May 13, 2015   18:00 IST 
India

Future Growth of Retail Automation in India is expected to be lead by cash registers and point of sale terminals

The major players in each segment are expected to maintain focus on Emerging Markets to compete with other players in the industry

 

Ken Research announced its latest publication on “India Retail Automation Market Outlook to 2019 – Growth Driven by Increase in FDI, Elevating Local Production and Demand from Small Scale Retailers” which provides a comprehensive analysis of the automation devices in the retail sector in India. The report covers various aspects such as market size of India retail automation market, segmentation on the basis of point of sale terminals, cash registers, barcode scanners, vending machines and automated fuel dispensers and volume of exports and imports for automation products. The report is useful for manufacturers, wholesalers, retail chains, machinery manufacturers and new players venturing in the market.

 

The retail automation industry in India has witnessed growth in recent years on the account of rising demand of automated devices fueled by a need for simplified and in-expensive processes. The surge in growth is majorly originated from growth in cash register and point of sale terminals market. The growth in this market has largely been led by the domestic factors such as increase in the number of SMEs and higher demand from small-scale retailers in tier-2 and tier-3 cities. The retail automation market in India has been comprised of several companies operating in the different segments. Companies such as Honeywell, Motorola, Gilbarco, VeriFone, IBM and TVS electronics have been some of the renowned names in this market. The revenues generated in the India retail automation industry have grown at a CAGR of 63.6% during FY’2009-FY’2014. The coming years will observe an intensification in the competition with a change in market dynamics due to expansion of SMEs. A more number of new ventures will incept in this market to cater to a momentous retail industry.

 

According to the research report, India retail automation market will grow at a considerable CAGR rate thus exceeding USD 102 billion by FY’2019 due to the increasing number of retailers in the country.

 

“While rising disposable incomes, boom in population and an increase in the preferences will result in increased spending on retail products in India, stunted acceptance and rising e-commerce businesses are few of the major challenges which will affect the growth of this industry in the future”, according to the Research Associate, Ken Research.

 

 

Key Topics Covered in the Report:

Automation Devices

- Market Size by Revenue, Sales Volume

- Market Segmentation by

  • Product Type

  • Demand from End User Industries

  • Demand from Metropolitan and Non-Metropolitan Cities

 

 

 

 

- Trends and Development

SWOT

PEST

Porter’s Five Forces

Export and Import

Pricing Scenario

Competition and Market Share

Growth Drivers

Major Challenges and Entry Barriers

Future Outlook

Analyst Recommendation

Cause Effect Analysis

Key Opportunities in the Future

Macro Economic Parameters

 

Key Products Mentioned in the Report

- Cash Registers

- Point of Sale Terminals

- Barcode Scanners

- Vending Machines

- Automated Fuel Dispensers

 

Companies Covered in the Report

- VeriFone

- Motorola

- IBM

- NEC

- Ezetap

- Mswipe

- Gilbarco Veeder Root

- MIDCO

- Tatsuno

- Tokheim

- TVS Electronics

- Beta Automation

- Future Techniks

- Honeywell

- Zebra Technologies

- Bartronics

- Alpha Electronic Systems

- Beta Automation

- Chevend Technologies

- E Cube India Solutions

- Empire Industries

- Future Techniks

- G. G. Automation India

 

Related Reports:

India Payment Services Industry Outlook to 2019 - Surging Investments in MPOS, mWallet and NFC to Drive Growth

India Electronic Security Market Outlook to 2018 - IP Based Video Surveillance and Integrated Solutions to Drive Future


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Ankur Gupta
Ken Research
Head Marketing & Communications
+91 9015378249
 
 
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