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 & 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

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