If India grow in future at current levels, average household incomes will double over the next few years, making India the world’s 7th largest consumer economy by 2020., up from the current 9th position. Global organizations view India as one of the prime market, where future growth is likely to appear. Growth in Indian consumer market would be largely driven by a favorable population composition and increasing disposable income. Indian consumer electronics market is expected to become US$ 1.15 trillion by 2020. India has become 2nd largest smartphone market in the world in 2014 and may become market leader by 2021. India is also world’s fastest growing tablet market.
Major International players like Samsung, LG, Videocon, Sony, Philips, Dell, Acer, Lenovo, Microsoft (including Nokia) and others have tapped electronics market and gained a significant market share. All these companies are now leading players in one or other category.
India is well recognized Consumer Electronics manufacturing hub in the world because of its low cost production. Cheap labor, easy availability and low cost of raw materials and weak currency are the factors that are driving manufacturing Industry. Growing working population and expanding middle class are the main drivers for the growth of Consumer Electronics and Consumer Electronics components industry in India.
Make in India initiative have boosted the Consumer Electronics manufacturing industry in India and as a result we will witness a marvelous growth in the industry over a period of time.
Local companies are the biggest threat to international players, which are coming up with cheap and non-durable products. In last few years, many local mobile manufacturers have established in India, who are giving tough competition to international brands. Indian Consumer Electronics Industry is expected to grow with a CAGR of xx.xx% till 2020.
What the report offers
The study elucidates the situation of India and predicts the growth of its Consumer Electronics industry. Report talks about growth, market trends, progress, challenges, opportunities, government regulations, technologies in use, growth forecast, major companies, upcoming companies and projects etc. in the Consumer Electronics Sector of India. In addition to it, the report also talks about economic conditions of and future forecast of its current economic scenario and effect of its current policy changes in to its economy, reasons and implications on the growth of this sector. Lastly, the report is segmented by various types of Minerals and Metals available in the country.
1. Research Methodology
2. Key Findings of The Study
3. Executive Summary
4. Market Overview
4.2 Industry Value Chain Analysis
4.3 Industry Attractiveness – Porter’s 5 Force Analysis
4.4 Industry Policies
5. Market Dynamics
5.2.1 Rise in population growth rates
5.2.2 Huge Demand for Electronic Instruments and Equipment
5.2.3 High Disposable Income
5.3.1 Market monopoly in some sub sectors
5.3.2 Declining product prices
5.4.1 Mobile Market witnessed a massive growth of number of companies started in 2012
6. India Healthcare Market
6.2 Segmentation By Type
6.2.1 Audio Players
6.2.2 Storage devices
6.2.3 Mobiles & tablets
6.2.5 Computers & laptops
6.2.6 Laundry appliances
6.2.7 Cleaning devices
6.2.9 Kitchen appliances
7. Investment Analysis
7.1 Recent Mergers And Acquisitions
7.2 Investment Outlook
8. Future of India Healthcare Market
9. Competitive Intelligence – Company Profiles