Examine the Booming Consumer Electronics Market in India with this ...

Tag : air-conditioner

Research and Markets(http://www.researchandmarkets.com/research/1a5163/booming_consumer_e)has announced the addition of the "Booming Consumer ElectronicsMarket in India" report to their offering.
India has an increasingly affluent middle class population that, onthe back of rapid economic growth, has made the country's consumerelectronics industry highly dynamic. The industry has beenwitnessing significant growth in recent years due to severalfactors, such as retail boom, growing disposable income andavailability of easy finance schemes. But still, the consumerelectronics goods, like refrigerators, microwave and washingmachines, have low penetration in the country, representing vastroom for future growth. This is attracting many foreign majors tothe country, says our new research "Booming Consumer ElectronicsMarket in India".
The report finds that since the penetration of several productslike TVs and refrigerators are reaching saturation in the urbanareas, the markets for these products are shifting to thesemi-urban and rural areas.
This analytical research thoroughly evaluates the Indian consumerelectronics industry. It briefly discusses about the current andemerging trends in the industry, underlining the future potentialareas and key issues crucial for the industry development.
"Booming Consumer Electronics Market in India" offers extensiveresearch on various consumer electronics products that are broadlyclassified as home appliances, audio/video appliances, mobilehandsets, and PC market. It provides an insight into the emergingand potential future trend in all the categories and highlights thekey strategies that need to be worked upon to get success in thehighly competitive industry.
The report thoroughly analyzes the historic performance and futureprospects, offering 4-year industry forecast, of following consumerelectronics products:
- Washing Machines (Semi-automatic & Fully Automatic)
- Television
- Set-top Box
- Refrigerator (Frost-free & Direct Cool)
- Air Conditioner
- Microwave Oven
- MP3 Players
- Digital Camera & Camcorder
- Mobile Handsets
- PCs (Desktop & Notebook)
Key Research Findings:
- Propelled by growing middle class population, changing lifestyleand rapid urbanization, the Indian consumer electronics industry isforecasted to grow at a rapid rate of 10% to 12% in the coming fewyears.
- Volume sales of washing machine will be driven by growth in fullyautomatic category during 2008-09 to 2011-12.
- The market for televisions in India is changing rapidly from theconventional CRT technology to Flat Panel Display Televisions(FPTV). Currently, the split between CRT and FPTV is around 97% and3% respectively, and the share of FPTV is projected to increase atrobust rate in near future.
- Frost-free refrigerator sales, certainly growing at a much fasterpace than the direct-cool category, are anticipated to drive theIndian refrigerators market over the forecast period.
- The AC market in India is projected to grow at 30% to 35% for thecoming few years.
- Driven by young population, demand for MP3 players and digitalvideo appliances are anticipated to surge at double-digit rate innear future.
- The low penetration level of consumer electronics goods coupledwith increasing preference for comfort and luxurious goods arewidely attracting the foreign as well as domestic players to theindustry.
Key Topics Covered:
- Analyst View
- Research Methodology
- Industry Snapshot
- Macroeconomic View
- Industry Trends
- Strategies to Tap the Industry
- Industry Development & Forecast to 2012
- Indian Consumer Behavior
- An Analysis
- Potential Growth Areas
- Areas that Need to be Addressed
- Key Players Analysis
Companies Mentioned:
- Whirlpool India Ltd.
- Samsung India Electronics Pvt. Ltd
- Videocon Industries Ltd.
- LG Electronics India Pvt. Ltd
- Sony India Pvt. Ltd
For more information visithttp://www.researchandmarkets.com/research/1a5163/booming_consumer_e