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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 Indian Consumer appliances market has witnessed robust growth trends in the past 5 years and is expected to foresee double digit growth reinforced by surging rural consumption, reducing replacement cycles, increasing penetration of lifestyle appliances, and availability of multiple brands at various price points. Rapidly shrinking replacement c...

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

Indian Domestic Water Heaters Market, Forecast to FY2024

Introduction of Technologically Advanced Water Heaters, Improved Scenario of Electricity Availability, and Rising Disposable Income Will Drive Market Growth

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This study aims to analyze and forecast the Indian domestic water heaters market for the period FY2019 to FY2024. Water Heaters are among the fastest growing home appliances that provide a continual supply of hot water. Typical domestic uses of hot water include cooking, cleaning, bathing, and space heating. The growth of the water heaters market ...