India Consumer Electronics and Appliances Marketplace, By Kind, By Software, By Distribution Channel, By Area, By Top rated 3 Foremost States, Competitiveness, Forecast & Alternatives, 2017-2027F

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India Shopper Electronics and Appliances Industry, By Kind (Audio & Visible Electronics, Dwelling Appliances, Kitchen area Appliances, and Personal Treatment Devices), By Application (Household and Business), By Distribution Channel (Multi-Branded Merchants, Hypermarket/ Grocery store, On-line, and Other people (Immediate Revenue, Special Suppliers, and many others.

New York, June 30, 2022 (World NEWSWIRE) — Reportlinker.com announces the release of the report “India Client Electronics and Appliances Marketplace, By Sort, By Application, By Distribution Channel, By Region, By Major 3 Foremost States, Level of competition, Forecast & Opportunities, 2017-2027F” – https://www.reportlinker.com/p06289850/?utm_supply=GNW
)), By Location, By Top rated 3 Top States (in every area), Level of competition, Forecast & Chances, 2017-2027F

India customer electronics and appliances industry was valued at USD78.95 billion in 2021 and is predicted to increase at an impressive CAGR of 12.78% in the forecast period of time, 2023-2027, to reach USD160.03 billion by 2027. Customers are turning into extra aware of the rewards of employing consumer electronics and appliances and are investing in the acquire of premium appliances. The growing residential sector and favorable governing administration policies are the most important motorists for the India shopper electronics and appliances market. Also, the significant online penetration and proliferation of sensible products and integration of intelligent systems like the web of items and artificial intelligence are anticipated to create new advancement avenues for the India shopper electronics and appliances current market in the forecast period.
The revenue stage of middle-course family members is growing at a rapid charge, and they are ready to devote additional on good quality life and equipment to are living a at ease existence.Businesses are doing the job on the growth of substantial-accomplishing and uncomplicated-to-use products to satisfy the growing consumer prerequisites.

Current market players are striving to access distant areas by investing in establishing an productive source chain and inventory and adopting e-commerce internet websites to provide their solutions. An improve in the utilization of buyer electronics and appliances and the availability of a large portfolio of products and solutions are envisioned to gasoline the desire for India consumer electronics and appliances market in the forecast interval.
The India shopper electronics and appliances current market is divided into form, application, distribution channel, regional distribution, and aggressive landscape.Primarily based on variety, the sector is divided into audio & visual electronics, dwelling appliances, kitchen area appliances, and own care devices.

The Audio & visible electronics segment dominated the industry in 2021 and held 85.02% of the whole marketplace share. The availability of good quality audio and visible digital equipment at competitive selling prices and the increasing expenditure ability of buyers are driving the segment demand. Adoption of attractive internet marketing approaches by the marketplace players and online income channels is expected to gasoline the sales of consumer electronics and appliances throughout the nation.
The major marketplace gamers running in India customer electronics and appliances industry are BBK Group (Oppo, Vivo, Realme, OnePlus), Samsung India Electronics Personal Restricted, Xiaomi Engineering India Private Confined, Apple India Non-public Limited, LG

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Global Consumer Electronics Market to 2028

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Consumer Electronics Market

Consumer Electronics Market

Consumer Electronics Market

Dublin, April 01, 2022 (GLOBE NEWSWIRE) — The “Consumer Electronics Market, By Device Type: Consumer Electronic Device, Wearable Device, Smart Home Device, By Region – Size, Share, Outlook, and Opportunity Analysis, 2021 – 2028” report has been added to ResearchAndMarkets.com’s offering.

Consumer electronics or otherwise known as home electronics are electronics meant for personal use, normally at home. Consumer electronics consist of electronic appliances used for communication, entertainment, and also recreational purposes. Mostly referred to as white goods because of the fact that most products being manufactured in black or neutral colors are housed in dark or black casing.

More advanced white electronics appliances usually come with flashy advertisements, which is another reason for the popularity of these appliances. The new trends in consumer electronics products are discovered every day and their effects on the industry are remarkable.

Market Dynamics

Increasing number of smartphone users is expected to boost the global consumer electronics market growth over the forecast period. As per the Pew Research Center, in 2019, around 81% of people in the U.S. had smartphones, increasing from 68% in 2015. According to the same source, tablet users in the U.S. increased from 34% in 2013 to 52% in 2019. This, in turn, has increased the demand for advanced smartphones and tablets.

Furthermore, growing popularity of modern consumer electronics in Asia Pacific is expected to accelerate growth of the global consumer electronics market in the near future.

Key features of the study:

  • This report provides in-depth analysis of the consumer electronics market, and provides market size (US$ Billion) and compound annual growth rate (CAGR%) for the forecast period (2021-2028), considering 2020 as the base year

  • It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market

  • This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players

  • It profiles key players in the global consumer electronics market based on the following parameters – company highlights, products portfolio, key highlights, financial performance, and strategies

  • Key companies covered as a part of this study include Panasonic Corporation, Samsung Electronics Co. Ltd., Toshiba Corporation, LG Electronics Co. Ltd., Hewlett-Packard Inc. (HP), Apple Inc., Sony Corporation, Hitachi Ltd., and Koninklijke Philips N.V.

  • Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics

  • The global consumer electronics market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts

  • Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global consumer electronics market

Key Topics Covered:

1. Research Objectives and Assumptions

2. Market Purview

  • Report Description

  • Market Definition and Scope

  • Executive Summary

  • Market Snippet, By Device Type

  • Market Snippet, By Region

  • Opportunity Map

3. Market Dynamics, Regulations, and Trends Analysis

4.

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USD 2.12 bn Growth in Consumer Electronics and Home Appliances Market in India

Consumer Electronics and Home Appliances Market in India: Driver

The increasing demand for premium appliances will fuel the growth of the consumer electronics and home appliances market in India during the forecast period. The growing importance of consumer electronics and home appliances is resulting in the demand for unique and premium consumer electronics. Premium appliances are equipped with smart features that match the societal status of upper-class households. The increasing number of high-net-worth individuals (HNWIs) is driving the demand for luxury consumer electronics and home appliances in developing economies and fueling the market growth.

Consumer Electronics and Home Appliances Market in India: Challenge

Compliance costs will challenge the growth of the consumer electronics and household appliances market in India. The consumer electronics and home appliances market has been experiencing an increase in cost burden due to the evolving nature of compliances prescribed by the government in recent years. This cost burden is ultimately passed on to consumers, thus making products unaffordable and having a detrimental impact on their demand. These factors will challenge the growth of the market during the forecast period.

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Consumer Electronics and Home Appliances Market in India: Vendor Analysis

The consumer electronics and home appliances market in India is fragmented, and the vendors are deploying various organic and inorganic growth strategies to compete in the market. The key offerings of some of the vendors are listed below:

  • AB Electrolux – As the key products, the company provides several products such as washing machine(Front Load Washer with SmartBoost and others.
  • Haier Smart Home Co. Ltd. – As the key products, the company offers several home appliances such as washing machines, laundry care, and others.
  • Hitachi Ltd. – As the key products, the company offers washing machines, fridges, air conditioners, and others.
  • Koninklijke Philips NV – As the key products, the company offers heaters, washing machines, fridges, sound systems, and others.
  • LG Electronics Inc. – As the key products, the company offers heaters, washing machine, fridge, sound systems, and others.

Consumer Electronics And Home Appliances Market In India: Segmentation Analysis

This report segments the consumer electronics and home appliances market in India by product (consumer electronics and home appliances) and market landscape (freestanding and built-in). The consumer electronics and home appliances market share growth in India by the consumer electronics segment will be significant during the forecast period.

Learn about the contribution of each segment of the consumer electronics and home appliances market in India. Request a Free Sample Report

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Consumer Electronics And Home Appliances Market In India Scope

Report Coverage

Details

Page number

120

Base year

2020

Forecast period

2021-2025

Growth momentum &

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3D Printed Electronics Market to Reach US$ 6 Bn by 2031; Widespread Application in Consumer Electronics to Generate Massive Revenues: TMR Study

ALBANY, N.Y., Jan. 27, 2022 /PRNewswire/ — 3D printing is gathering traction among technology companies for prototyping of PCBs and numerous other electronic components. 3D printing of electronics has allowed many businesses to gain design freedom and shift to in-house production. The global 3D printed electronics market is projected to advance at CAGR of 31.26% during the forecast period of 2021–2031.

Rise in consumer demand for flexible electronics is fueling prospects of the 3D printed electronics market. An ever-growing trend of miniaturization of electronic components, especially for flexible electronics and wearables, is thus bolstering the revenue prospects, assert analysts in a TMR study on the 3D printed electronics market.

The preference of 3D printing in making glass-free electrophoretic displays (EPD)-based flexible and OLED displays has spurred the opportunities. Revenues in the overall consumer electronics sector are projected to expand at rapid pace. TMR analysts analyzing the revenue potential in various end-use industries found that the segment is estimated to advance at CAGR of 31.58% from 2017 to 2031.

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Key Findings of 3D Printed Electronics Market Study

  • Automotive Industry to Present Massive Revenue Gains: Rise in 3D printed electronics in making several automotive components with greater design freedom. Of note, advancements in 3D printed materials and technology have enabled companies to meet the complex geometries and accurate configurations of automotive electronics. Other benefits include faster turnaround time and reduced cost of production. The technology is gaining attention among automotive, aerospace, and defense manufacturers owing to the freedom of customization for automotive electronics and faster time-to-market.

An in-depth study on the 3D printed electronics market has found the automotive industry replete with opportunities, and has projected the segment to advance at CAGR of 31.67% during the forecast period.

  • Substantial Demand for 3D-printed Flexible Displays and Wearables Spur Market Growth: Companies in the 3D printed electronics market have ramped up their investments to explore the potential of 3D printing in manufacture of sensors and circuit boards. The trend has gained momentum with advancements in 3D printers and additive manufacturing technologies, thereby propelling the sales revenue for companies in the market. Furthermore, the proliferating demand for next-gen flexible electronics and wearable for healthcare industry has opened up vast opportunity for them. A case in point is growing popularity of 3D printing methods for bendable OLED TVs.

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3D Printed Electronics Market: Regional Growth Dynamics

Globally, Asia Pacific is projected to witness remarkable opportunities during the forecast period. The growth of the Asia Pacific 3D printed electronics market is underpinned by substantive demand for products in several end-use industries notably in consumer electronics and automotive. Moreover, prominent players in the regional market have boosted R&D activities in 3D printed electronics, thereby extending the scope of commercialization of innovative products.

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3D Printed Electronics Market: Key Drivers

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Global Plastics in Consumer Electronics Fibers Market (2021 to 2028)

DUBLIN, Nov. 12, 2021 /PRNewswire/ — The “Plastics in Consumer Electronics Market Size, Share & Trends Analysis Report By Product (PC, PC/ABS), By Application (Laptop Monitor Enclosures, Wearables), By Region, And Segment Forecasts, 2021-2028” report has been added to ResearchAndMarkets.com’s offering.

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The global plastics in consumer electronics market size is expected to reach USD 7.70 billion by 2028. The market is expected to expand at a CAGR of 3.8% from 2021 to 2028. Increasing demand from the smartphone & wearable products industry is anticipated to fuel the demand for plastics in consumer electronics. The smartphone market offers opportunities for usage of a variety of plastic resins, such as Polycarbonate (PC), Acrylonitrile Butadiene Styrene (ABS), and Polymethyl Methacrylate (PMMA), as they are used for manufacturing housings for electronic devices, mounting frames, display frames, and vibration cushions that are lightweight and durable.

Proximity to raw material suppliers and low labor costs are attracting consumer electronics manufacturers in China. The presence of several key consumer electronics manufacturers is anticipated to create significant demand for plastics. Furthermore, increasing demand for appliances in India is anticipated to boost product demand across the electronics industry. In addition, rapid urbanization is expected to propel the demand for mobile phones, laptops, television, and other electronic appliances across India.

Metal alloys have been vastly used for manufacturing electronic components. Alloys are preferred due to their durability and better heat-conducting property. For example, aluminum alloys of grade 7000 series and 6000 series are used mainly in the chassis of laptops or sometimes for their entire casing. For instance, the bottom chassis of Apple’s Mac book is made up of aluminum. iPhone and iPad bodies are made of aluminum alloys as well.

The technology lifespan of consumer electronics is less as post the launch of the product, the competitors undergo reverse engineering processes to develop a similar or updated version of the technology. Hence, the older versions of products are often discarded by consumers. With the growth of technologically advanced equipment, there is no significant system to manage the discarded old products, which has resulted in the growth of e-waste.

Plastics in Consumer Electronics Market Report Highlights

  • In terms of revenue, the PC product segment accounted for the largest share in 2020 and is projected to expand further at a steady CAGR over the forecast period

  • The laptop monitors enclosures segment dominated the market and accounted for more than 22% of the overall revenue share in 2020

  • In 2020, the Asia Pacific region accounted for the maximum revenue share of the global market and will expand further at the fastest CAGR from 2021 to 2028

  • This growth is credited to the presence of a well-established manufacturing base for electrical & electronics in China, Japan, and South Korea

  • Major players are continuously working on developing bio-degradable polymers owing to the rising environmental concerns

  • For instance, in November 2020, SABIC announced the expansion of its product portfolio of Cycoloy & Lexan

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Consumer Electronics and Home Appliances Market in India Research Report Highlights the Key Findings in the Area of Vendor Landscape, Key Market Segments, Regions, and Latest Trends and Drivers |Technavio

NEW YORK, Nov. 12, 2021 /PRNewswire/ — The latest consumer electronics and home appliances market in India research report by Technavio infers that the increasing demand for premium appliances is driving this market’s growth.

Attractive Opportunities in Consumer Electronics and Home Appliances Market in India by Product and Style – Forecast and Analysis 2021-2025

Resulting in market growth of USD 2.12 billion from 2020 to 2025, read additional information about the market. Fill the Form and get a FREE sample report.

Vendor Landscape

The market structure is expected to remain fragmented during the forecast period. Vendors operating in the market are adopting various marketing and growth strategies such as competitive pricing to compete in the market.

AB Electrolux, Haier Smart Home Co. Ltd., Hitachi Ltd., Koninklijke Philips NV, LG Electronics Inc., Robert Bosch GmbH, Samsung Electronics Co. Ltd., Sony Corp., Toshiba Corp., and Whirlpool Corp. are some of the few key vendors of this market. Vendors are competing to maintain their market position in the market. To succeed in this market, vendors must focus on providing consumer electronics and home appliances market in India at competitive prices.

Vendors are also trying to expand their market presence and strengthen their product portfolio by entering partnerships and launching new and innovative products.

For instance- In March 2021, Hitachi Ltd. introduced its wide range of products such as elevators, including the world’s fastest elevator and escalators at Global Lift and Escalator Expo 2021 Virtual (GLE Expo 2021 Virtual) held online by Virgo Communications and Exhibitions Pvt Ltd.

View more about the market’s vendor landscape highlights with a comprehensive list of vendors and their offerings.

Key Market Segmentation

Request a FREE Sample of this report for more highlights into the market segments.

Revenue Generating Segment

The consumer electronics and home appliances market share growth in India by the consumer electronics segment will be significant during the forecast period. With the increasing number of high-net-worth individuals (HNWIs), the demand for luxury consumer electronics and home appliances is growing in the developing economies and fueling the market growth.

Download our FREE sample report for more key highlights on all major segments.

Latest Drivers and Trends Driving the consumer electronics and home appliances market in India

The increasing demand for premium appliances is one of the primary factors that will fuel the growth of the consumer electronics and home appliances market in India during the next few years. The growing importance of consumer electronics and home appliances is encouraging the demand for unique and premium consumer electronics. Premium appliances are equipped with smart features that match the societal status of upper-class households.

To provide increased convenience, vendors are integrating smart features that will influence the consumers’ buying decisions. These smart connected products reduce manual labor and can be controlled and operated through smartphones. Smart devices are being integrated with the IoT technology that integrates digital and wireless technology and will enable consumers to connect their household appliances using their smartphones and the Internet

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