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Favorable Government policies, Make in India initiative and rising costs in China are the key factors for rise in local manufacturing. EMS market is expected to grow at a CAGR of 38.1% till FY23 from the current market value of INR 56,000 Crore. Mobile phones, Telecom, and Consumer electronics and appliances were the sectors that contributed to E...

As one of the the fastest growing sectors in the country, the Indian electronics industry is making concerted efforts to move from a consumption driven to a manufacturing driven industry. With low operating costs, a low competitive scenario, and ample potential for penetration by OEMs and EMS in key industry verticals, India promises to emerge as a...

RFID products have found a multitude of applications across India due to increased reliability and performance. The increased read ranges, data storage capacities, form factors, and integration with other technologies have immensely increased the applicability and, hence, the revenue growth of the RFID industry. Low entry barriers and high profits ...

19 Dec 2017  |  South Asia, Middle East & North Africa  |  Market Research

Analysis of the Indian Air Purifier Market, Forecast to 2021

Rising Disposable Income, Improving Lifestyle, and Worsening Air Pollution Driving Market Growth

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Heightened awareness of the importance of indoor air quality and growing concerns on the impact of impure air quality on general well-being of people have raised demand for air purifiers in the last few years. Growing affordability, rising hygiene concerns, aspiration to lead a healthy lifestyle, and rapid decline in prices of air purifiers will fu...

In FY2018, the overall Indian appliance and consumer electronics (ACE) market was estimated at INR 210,000 Cr and is set to grow at a compound annual growth rate (CAGR) of 9%. The cooking appliances market accounted for 7.2% of the ACE market value in FY2018. Increase in consumer appliances market in the country has boded well for the kitchen appli...

The vending machine industry mainly caters to goods such as hot and cold drinks, packaged drinks, packaged snacks and foods, personal hygiene products, tobacco products, and traditional toys and games. In India, it has been observed that vending machines have continued to have an insignificant presence for retail purchases; most vending machines op...

09 Oct 2019  |  South Asia, Middle East & North Africa  |  Market Research

Indian Electric Irons Market, Forecast to FY2024

Rising Income Levels, Growing Affordability, and Introduction of Innovative Features will Drive the Electric Irons Market Growth

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The study aims to analyze and forecast the Indian electric irons market from FY2019 to FY2024. The growth of irons in India is led by an increasing number of new residential units and other construction activities coupled with rising per capita disposable income. Consistent efforts of manufacturers to stimulate replacement purchases through appea...

04 Sep 2015  |  South Asia, Middle East & North Africa  |  Market Research

Analysis of Opportunities in the Indian LED Lighting Market

Planned Rollouts are the Key to Unfurl the Full Potential of the Indian LED Lighting Market

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This research service on the Indian Light Emitting Diode (LED) market provides detailed market forecasts, drivers and restraints, market shares, and competitive analyses of participants for the period 2014 to 2020. With the Indian Government switching to LED for all street lamps and public-space lighting, the market is gaining pace. LED-lighting fo...

The tankless water heaters market is in a nascent stage in the country. However, it has the potential to replace storage water heaters in the long term. Increasing awareness levels of the product and the need for energy savings will drive the market. The market is dominated by storage electric water heaters. There is strong growth of solar water he...