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.
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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 & CAGR |
Accelerate at a CAGR of 1% |
Market growth 2021-2025 |
USD 2.12 billion |
Market structure |
Fragmented |
YoY growth (%) |
1.09 |
Regional analysis |
APAC, Europe, North America, MEA, and South America |
Performing market contribution |
India at 100% |
Key consumer countries |
China, US, Germany, and Japan |
Competitive landscape |
Leading companies, competitive strategies, consumer engagement scope |
Companies profiled |
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. |
Market Dynamics |
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and future consumer dynamics, market condition analysis for the forecast period, |
Customization purview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
Table of Contents
1. Executive Summary
2. Market Landscape
2.1 Market ecosystem
Exhibit 01: Parent market
Exhibit 02: Market Characteristics
2.2 Value chain analysis
Exhibit 03: Value Chain Analysis: Household Appliances
2.3.1 Inputs
2.3.2 Inbound logistics
2.3.3 Operations
2.3.4 Outbound logistics
2.3.5 Marketing and sales
2.3.6 Service
2.3.7 Support activities
2.3.8 Innovations
3. Market Sizing
3.1 Market definition
Exhibit 04: Offerings of vendors included in the market definition
3.2 Market segment analysis
Exhibit 05: Market segments
3.3 Market size 2020
3.4 Market outlook: Forecast for 2020 – 2025
Exhibit 06: India – Market size and forecast 2020 – 2025 ($ million)
Exhibit 07: India market: Year-over-year growth 2020 – 2025 (%)
4. Five Forces Analysis
4.1 Five Forces Summary
Exhibit 08: Five forces analysis 2020 & 2025
4.2 Bargaining power of buyers
Exhibit 09: Bargaining power of buyers
4.3 Bargaining power of suppliers
Exhibit 10: Bargaining power of suppliers
4.4 Threat of new entrants
Exhibit 11: Threat of new entrants
4.5 Threat of substitutes
Exhibit 12: Threat of substitutes
4.6 Threat of rivalry
Exhibit 13: Threat of rivalry
4.7 Market condition
Exhibit 14: Market condition – Five forces 2020
5. Market Segmentation by Product
The segments covered in this chapter are:
- Consumer electronics
- Home appliances
The two segments have been ranked based on their market share in 2020. The human hair wigs and extension segment constituted the largest segment in 2020, while the smallest segment was synthetic hair wigs and extension.
5.1 Market segments
Exhibit 15: Product – Market share 2020-2025 (%)
5.2 Comparison by Product
Exhibit 16: Comparison by Product
5.3 Consumer Electronics – Market size and forecast 2020-2025
Exhibit 17: Consumer Electronics – Market size and forecast 2020-2025 ($ million)
Exhibit 18: Consumer Electronics – Year-over-year growth 2020-2025 (%)
5.4 Home appliances – Market size and forecast 2020-2025
Exhibit 19: Home Appliances – Market size and forecast 2020-2025 ($ million)
Exhibit 20: Home Appliances – Year-over-year growth 2020-2025 (%)
5.5 Market opportunity by Product
Exhibit 21: Market opportunity by Product
6. Market Segmentation by Style
The segments covered in this chapter are:
- Freestanding
- Built in
The two segments have been ranked based on their market share in 2020. The human hair wigs and extension segment constituted the largest segment in 2020, while the smallest segment was synthetic hair wigs and extension.
6.1 Market segments
Exhibit 22: Style – Market share 2020-2025 (%)
6.2 Comparison by Style
Exhibit 23: Comparison by Style
6.3 Freestanding – Market size and forecast 2020-2025
Exhibit 24: Freestanding – Market size and forecast 2020-2025 ($ billion)
Exhibit 25: Freestanding – Year-over-year growth 2020-2025 (%)
6.4 Built-in – Market size and forecast 2020-2025
Exhibit 26: Built-in – Market size and forecast 2020-2025 ($ billion)
Exhibit 27: Built-in – Year-over-year growth 2020-2025 (%)
Exhibit 28: Market opportunity by Style
7. Customer landscape
Technavio’s customer landscape matrix comparing Drivers or price sensitivity, Adoption lifecycle, importance in customer price basket, Adoption rate and Key purchase criteria
Exhibit 29: Customer landscape
8. Drivers, Challenges, and Trends
8.1 Market drivers
8.1.1 Growth in government initiatives for electronic products
8.1.2 Rising changes in the design of home architecture
8.1.3 Increasing demand for premium appliances
8.2 Market challenges
8.2.1 Compliance Cost
8.2.2 Data security issues associated with smart consumer electronics and home appliances
8.2.3 Regulations and standards set for safety issues
Exhibit 30: Impact of drivers and challenges
8.3 Market trends
8.3.1 Adoption of smart and advanced features in home appliances
8.3.2 Adoption of energy-efficient consumer electronics and home appliances
8.3.3 Growing investment in R&D activities
9. Vendor Landscape
9.1 Vendor landscape
Exhibit 31: Vendor landscape
9.2 Landscape disruption
The potential for the disruption of the market landscape was moderate in 2020, and its threat is expected to remain unchanged by 2025.
Exhibit 32: Landscape disruption
Exhibit 33: Industry risks
9.3 Competitive Scenario
10. Vendor Analysis
10.1 Vendors covered
Exhibit 34: Vendors covered
10.2 Market positioning of vendors
Exhibit 45: Market positioning of vendors
10.3 AB Electrolux
Exhibit 36: AB Electrolux – Overview
Exhibit 37: AB Electrolux – Business segments
Exhibit 38: Haier Smart Home Co. Ltd.- Key news
Exhibit 39: AB Electrolux – Key offerings
Exhibit 40: AB Electrolux – Segment focus
10.4 Haier Smart Home Co. Ltd.
Exhibit 41: Haier Smart Home Co. Ltd.- Overview
Exhibit 42: Haier Smart Home Co. Ltd.- Business Segments
Exhibit 43: Haier Smart Home Co. Ltd.- Key news
Exhibit 44: Haier Smart Home Co. Ltd. – Key offerings
Exhibit 45: Haier Smart Home Co. Ltd.-Segment focus
10.5 Hitachi Ltd.
Exhibit 46: Hitachi Ltd.-Overview
Exhibit 47: Hitachi Ltd.- Business Segments
Exhibit 48: Hitachi Ltd.- Key news
Exhibit 49: Hitachi Ltd.- Key offerings
Exhibit 50: Hitachi Ltd.-Segment focus
10.6 Koninklijke Philips NV
Exhibit 51: Koninklijke Philips NV – Overview
Exhibit 52: Koninklijke Philips NV – Business Segments
Exhibit 53: Koninklijke Philips NV – Key offerings
Exhibit 54: Koninklijke Philips NV -Segment focus
10.7 LG Electronics Inc.
Exhibit 55: LG Electronics Inc. -Overview
Exhibit 56: LG Electronics Inc. – Business Segments
Exhibit 57: LG Electronics Inc. – Key news
Exhibit 58: LG Electronics Inc. .- Key offerings
Exhibit 59: LG Electronics Inc. -Segment focus
10.8 Robert Bosch GmbH
Exhibit 60: Robert Bosch GmbH – Overview
Exhibit 61: Robert Bosch GmbH – Business Segments
Exhibit 62: Robert Bosch GmbH – Key offerings
Exhibit 63: Robert Bosch GmbH -Segment focus
10.9 Samsung Electronics Co. Ltd.
Exhibit 64: Samsung Electronics Co. Ltd. -Overview
Exhibit 65: Samsung Electronics Co. Ltd. – Business Segments
Exhibit 66: Samsung Electronics Co. Ltd. – Key news
Exhibit 67: Samsung Electronics Co. Ltd. – Key offerings
Exhibit 68: Samsung Electronics Co. Ltd. -Segment focus
10.10 Sony Corp
Exhibit 69: Sony Corp -Overview
Exhibit 70: Sony Corp- Business Segments
Exhibit 71: Sony Corp- Key news
Exhibit 72: Sony Corp – Key offerings
Exhibit 73: Sony Corp -Segment focus
10.11 Toshiba Corp.
Exhibit 74: Toshiba Corp. – Overview
Exhibit 75: Toshiba Corp. – Business Segments
Exhibit 76: Toshiba Corp. – Key offerings
Exhibit 77: Toshiba Corp. -Segment focus
10.12 Whirlpool Corp.
Exhibit 78: Whirlpool Corp. – Overview
Exhibit 79: Whirlpool Corp. – Business Segments
Exhibit 80: Whirlpool Corp. – Key offerings
Exhibit 81: Whirlpool Corp. -Segment focus
11. Appendix
11.1 Scope of the report
11.1.1 Market definition
11.1.2 Objectives
11.1.3 Notes and caveats
11.2 Currency conversion rates for US$
Exhibit 82 : Currency conversion rates for US$
11.3 Research Methodology
Exhibit 83: Research Methodology
Exhibit 84: Validation techniques employed for market sizing
Exhibit 85: Information sources
11.4 List of abbreviations
Exhibit 86: List of abbreviations
About Technavio
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