Consumer Electronics And Home Appliances Market In India 2024-2028
The consumer electronics and home appliances market in india is forecasted to grow by USD 1932.3 mn during 2023-2028, accelerating at a CAGR of 1.1% during the forecast period. The report on the consumer electronics and home appliances market in india provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by growth in government initiatives for electronic products, rising changes in design of home architecture, and increasing demand for premium appliances.
Technavio's consumer electronics and home appliances market in india is segmented as below:
- By Product
- Consumer electronics
- Home appliances
- By Distribution Channel
- Offline
- Online
- By Geographical Landscape
- APAC
This study identifies the adoption of smart and advanced features in home appliances as one of the prime reasons driving the consumer electronics and home appliances market in india growth during the next few years. Also, adoption of energy-efficient consumer electronics and home appliances and growing investment in research and development activities will lead to sizable demand in the market.
The report on the consumer electronics and home appliances market in india covers the following areas:
- Consumer electronics and home appliances market in india sizing
- Consumer electronics and home appliances market in india forecast
- Consumer electronics and home appliances market in india industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading consumer electronics and home appliances market in india vendors that include AB Electrolux, Arcelik A.S., Bajaj Electricals Ltd., ENERGIA APPLIANCES PVT. LTD., General Electric Co., Haier Smart Home Co. Ltd., Hitachi Ltd., Irobot Corp., Koninklijke Philips N.V., LG Electronics Inc., Midea Group Co. Ltd., Miele and Cie. KG, Panasonic Holdings Corp., Robert Bosch GmbH, Samsung Electronics Co. Ltd., Sony Group Corp., Toshiba Corp., Transform Holdco LLC, Usha International Ltd., and Whirlpool Corp.. Also, the consumer electronics and home appliances market in india analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.