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With the growing market for electronics and increasing complexities of the appliances it is necessary to build the skilled workforce. Majority of the servicing of consumer appliances is done mostly by the unorganized segment creating the need to move them to organized arena. Manpower deficit, outdated curriculum coupled with high attrition and lack...

12 Jun 2020  |  South Asia, Middle East & North Africa  |  Market Outlook

India Facilities Management Industry Outlook, 2020

The Facilities Management Market in India is Going Through a Major Transformation, Driven by Technological Innovation, New Business Models, and New Service Offerings

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Professional FM services have now become a necessity for asset owners, as they not only help increase the lifespan of a building but also help owners meet international health and safety standards. The increased need to reduce operating costs of facilities and buildings of end-user segments and increasing demand for energy conservation and optimum ...

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...

The rise in residential and commercial construction projects, along with the high growth from the tourism and hospitality industry, is creating demand for HVAC products in Sri Lanka. Sri Lanka allows total foreign ownership across several industries and imposes no restrictions on repatriation of earnings, fees, and capital. Supporting budgets and p...

20 Nov 2018  |  South Asia, Middle East & North Africa  |  Market Research

Indian Facility Management (FM) Services Market, Forecast to FY2023

Increasing Acceptance of Outsourcing Non-core Activities and Burgeoning Demand from Commercial and Industrial Clients will Contribute to the Growth of the FM Market in India

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The study aims to analyze and forecast the Indian facilities management (FM) market outlook for FY18-FY23. Professional FM services have now become a necessity for asset owners, as they not only help increase the life span of a building but also help owners meet international health and safety standards. Increased need to reduce operating costs of...

The Indian communication test equipment market (comprising LTE test equipment, VoLTE test equipment, Wi-Fi test equipment, security test equipment, Ethernet test equipment, LTE-Advanced (LTE-A) test equipment, Cloud infrastructure testing and Cloud-based application monitoring) is split by region (North, South, West and East) and by end users (tele...

23 Jun 2016  |  South Asia, Middle East & North Africa  |  Market Research

Analysis of the Indian Point-of-Sale (PoS) Terminals Market

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This research service analyses the Indian point-of-sale terminals market. India is the 13th-largest non-cash-payment market in the world. It has high potential to grow significantly as more merchants install PoS systems and accept card payments. Only 35% of the country’s population has bank accounts. The government’s initiative of providing bank ac...

The online consumer electronics and appliances (white goods, brown goods, and consumer electronics) market in India is valued at approximately INR 99,000 crores. It is driven by the rising disposable incomes, increased penetration of electronic gadgets in everyday use, and an upsurge in the GEN Y population. Some of the challenges faced by this mar...

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...