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The rising middle class in India favors innovative consumer electronics, including the flat panel display TV, which is becoming a smart TV with ubiquitous connectivity in an automated home of the modern man. The FPD TV market is witnessing a short replacement cycle due to technology dynamism. Despite huge demand, local capabilities on the manufactu...

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...

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...

05 Aug 2019  |  South Asia, Middle East & North Africa  |  Market Research

Assessment of the Wearables Market in India, Forecast to 2023

Growing Trend Towards Adoption of Smart Devices, Young Tech Savvy Population, and Increasing Incomes to Drive Growth

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The study aims to analyze and forecast the Indian wearables market from 2018 to 2023. The wearables market is broken down into Fitness Trackers, Smart Watches, and Medical Devices & Others. • Fitness trackers are also known as basic wearables which use sensors to perform functions such as detect physical functions of the body, help track ...

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...

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...

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...

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...