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India Retail Automation Sector Research Report - 2019
India Retail Automation Sector Research Report - 2019
India Retail automation market research report provides statisics on the market revenue, trade scenario, competitive landscape of major players in Cash Registers, Point of Sale Terminals, Barcode Scanners, Vending Machines, Automated Fuel Dispensers
New Delhi,
Delhi,
India
(prbd.net)
14/05/2015
• 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
o Product Type
o Demand from End User Industries
o 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
Source:https://www.kenresearch.com/banking-financial-service-insurance/financial-services/india-retail-automation-market-research-report/641-93.html
Contact:
Ken Research
Ankur Gupta, Head Marketing & Communications
Ankur@kenresearch.com
+91-9015378249
About
Ken Research is a leading global industry research and information service company operating with a network of partner firms across the US, Asia and Europe. The company provides bespoke industry intelligence, equity research reports and business consulting services on gamut of sectors.
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