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19 Apr 2019  |  South Asia, Middle East & North Africa
Healthy Eating and Remote Management Trends are Expected to Drive the Market
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...
08 Apr 2019  |  South Asia, Middle East & North Africa
Connected lighting systems are characterized by optimization, efficiency, and ease of operation, making them the future of lighting
The study aims to analyze the Indian connected lighting systems market. It highlights the trends in the 4 major user segments: · Residential · Commercial · Industrial · Government This document introduces the 3 categories of connected lighting, namely, basic, intermediate, and advanced and then goes on to explain the advantages offered by in...
26 Mar 2019  |  South Asia, Middle East & North Africa
Rising Consumption Demand, Increasing per Capita Incomes, and Affluent Lifestyles to Drive the Market
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...
14 Mar 2019  |  South Asia, Middle East & North Africa
Cost-effectiveness and burgeoning domestic electronics market coupled with favorable Government policy support is expected to have a positive impact on the EMS 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...
22 Feb 2019  |  South Asia, Middle East & North Africa
Growing Awareness Towards Energy Efficiency, Increasing Disposable Incomes, and Changing Lifestyle Trends to Drive the Market
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...
07 May 2018  |  South Asia, Middle East & North Africa
Increasing middle class incomes and availability of energy efficient variants to drive demand for RACs
The Room Air Conditioners (RAC) Market in India, 2017 provides an outlook of the RAC industry, emerging trends in usage of technology, key regional trends and factors driving the market. The Indian economy is currently witnessing an upswing due to increased economic activities; rising household incomes and therefore enhanced purchasing power have m...
25 Oct 2017  |  South Asia, Middle East & North Africa
Rising income levels and launch of versions with advanced features are responsible for increasing demand
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...
22 Sep 2017  |  South Asia, Middle East & North Africa
Consumer Electronics and Appliances Market—Assessment of Service Skillset and Workforce Demand, 2017
Industry expected to witness 2X times global growth by 2021 driving need for development and skilling of requisite manpower
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...
10 Aug 2015  |  South Asia, Middle East & North Africa
Understanding the Paradigm of Energy-efficient LED Lighting Along With Mega Trends
Merited as the most energy efficient compared to other efficient lighting technologies such as Compact Fluorescent Lamps (CFLs) and fluorescent lights, the Light Emitting Diode (LED) lighting technology has the potential to change the dynamics of the lighting industry worldwide. Compared to a decade ago, there has been a major shift in the way LEDs...