Search results for: 'appliances market'

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...

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...

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 Manpower deficit, outdated curriculum coupled with high attrition and lack...

Smart appliances are appliances connected to the Internet or to the Bluetooth and are controlled or monitored through remote commands using a smartphone, tablet, or any other device. With more than 500 million smartphone users in India, mobile connectivity and availability of easy-to-install applications are drivers for the growth of smart applianc...

A Food Waste Disposer (FWD) is a device, which is usually electrically powered and installed under a kitchen sink between the sink's drain and the trap. It shreds food waste into pieces small enough—generally less than 2 mm (0.079 in)—to pass through plumbing. Increasing per capita income, affordability, dual-income population, space constraint and...

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...

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 ...

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 need for water purifiers is ever increasing with increase in urbanisation, deteriorating water quality, increasing awareness towards health, and due to high Total Dissolved Solids (TDS) content in the water supplied by municipal bodies. However, educating the end consumer on the effectiveness and efficiency of water purifiers remains a major ch...