India Consumer Electronics and Appliances Market, by Type, by Application, by Distribution Channel, by Regions, by Top 3 Leading States, Competition, Forecast and Opportunity, 2017-2027F

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India Consumer Electronics and Appliances Market, by Type (Audio & Visual Electronics, Home Appliances, Kitchen & Personal Care Appliances), by Application (Residential & Commercial), by Distribution Channel (Multi-brand Stores, Hypermarket/Supermarket, Online, and others (direct sales, exclusive stores, etc.

New York, June 30, 2022 (GLOBE NEWSWIRE) — Reportlinker.com announces the release of the report “India Consumer Electronics and Appliances Market, By Type, By Application, By Distribution Channel, By Region, By Top 3 Leading States, Competition , Forecast and Probability, 2017-2027F” – https://www.reportlinker.com/p06289850/?utm_source=GNW
)), by region, by top 3 leading states (in each region), competition, forecasts and opportunities, 2017-2027F

The consumer electronics and home appliances market in India was valued at $78.95 billion in 2021 and is expected to grow at an impressive CAGR of 12.78% over the forecast period, 2023-2027, to reach $160.03 billion by 2027. to achieve. Consumers are increasingly aware of the benefits of using consumer electronics and appliances and are investing in purchasing high-quality appliances. The growing residential sector and favorable government policies are the main drivers for the Indian consumer electronics and appliances market. Also, the high internet penetration and proliferation of smart devices and integration of smart technologies such as the Internet of Things and Artificial Intelligence is expected to create new growth opportunities for the Indian consumer electronics and devices market over the forecast period.
The income level of middle-class families is rising rapidly and they are able to spend more on quality lifestyles and equipment to live a comfortable life. Companies are working to develop high-quality and easy-to-use appliances to meet growing consumer demand.

Market players are trying to reach remote locations by investing in developing an efficient supply chain and inventory and using e-commerce websites to sell their products. An increase in the use of consumer electronics and appliances and the availability of a broad product portfolio are expected to drive demand for the Indian consumer electronics and appliances market over the forecast period.
The Indian consumer electronics and appliance market is divided into type, application, distribution channel, regional distribution and competitive landscape. Based on type, the market is divided into audio and visual electronics, home appliances, kitchen appliances, and personal care appliances.

The Audio & Visual Electronics segment dominated the market in 2021, accounting for 85.02% of the total market share. The availability of high-quality audio and visual electronic accessories at competitive prices and the growing spending capacity of consumers are driving demand in the segment. Adoption of attractive marketing strategies by the market players and online sales channels is expected to boost sales of consumer electronics and appliances across the country.
The major market players operating in the Indian consumer electronics and appliances market are BBK Group (Oppo, Vivo, Realme, OnePlus), Samsung India Electronics Private Limited, Xiaomi Technology India Private Limited, Apple India Private Limited, LG Electronics India Pvt. Ltd, Whirlpool of India Ltd., Panasonic India Private Limited, Sony India Private Limited, Crompton Greaves Consumer Electricals Limited, Godrej & Boyce Mfg Co Ltd., Bajaj Electricals Limited and IFB INDUSTRIES LTD.

Years considered for this report:

Historic years: 2017-2020
Base year: 2021
Estimated year: 2022E
Forecast Period: 2023F-2027F

Purpose of the study:

• Analyzing the historical growth in the market size of the Indian consumer electronics and appliances market from 2017 to 2021.
• To estimate and forecast the market size of the Indian Consumer Electronics and Appliances Market from 2022E to 2027F and its growth rate to 2027F.
• Classify and forecast the Indian consumer electronics and appliances market based on type, application, distribution channel, regional distribution and competitive landscape.
• To identify dominant region or segment in the Indian consumer electronics and appliances market.
• To identify drivers and challenges for the Indian consumer electronics and appliances market.
• Examining competitive developments such as expansions, new product launches, mergers and acquisitions, etc., in the Indian consumer electronics and appliances market.
• Identify and analyze the profile of leading players in the Indian consumer electronics and appliances market.
• Identify key sustainable strategies adopted by market players in the Indian consumer electronics and appliances market.
The analyst conducted both primary and extensive secondary research for this study. Initially, the analyst compiled a list of manufacturers across India.

The analyst then conducted primary research surveys of the identified companies. During the interview, the respondents were also asked about their competitors.

This technique allowed the analyst to include manufacturers that could not be identified due to the limitations of secondary research. The analyst examined the manufacturers, distribution channels and presence of all the major players in the Indian consumer electronics and appliance market.
The analyst calculated the market size of the Indian consumer electronics and equipment market using a bottom-up approach, capturing data for various end-user segments and forecasting for the coming years. The analyst retrieved these values ​​from the industry experts and company representatives and validated them externally by analyzing historical data from these product types and distribution channels to obtain an appropriate, overall market size.

Various secondary sources such as corporate websites, news articles, press releases, corporate annual reports, investor presentations, and financial reports were also studied by the analyst.

Main target audience:

• Consumer electronics and appliance manufacturers, suppliers, distributors and other stakeholders.
• Market research and consultancy firms
• Government agencies such as regulators and policy makers
• Consumer Electronics and Devices Organizations, Forums and Alliances
The study is useful in providing answers to several critical questions that are important to industry stakeholders such as consumer electronics and appliance manufacturers, suppliers and partners, end users, etc.

Report Range:

In this report, the consumer electronics and appliances market in India has been segmented into the following categories in addition to the industry trends which are also described below:
Indian Consumer Electronics and Appliances Market Segment by Type covers:
o Audio & Visual Electronics
o Household appliances
o Kitchen appliances
o Personal care devices
Indian Consumer Electronics and Appliances Market by Application:
o Residential
o Commercial
• Consumer Electronics and Appliances Market in India, by Distribution Channel:
o Multi-brand stores
o Hypermarket/ Supermarket
o Online
o Others (direct sales, exclusive stores, etc.)
India Consumer Electronics and Appliances Market by Regions:
o North
o West
o South
o East

Competitive landscape

Company Profiles: Detailed analysis of the major companies present in the consumer electronics and appliances market in India.

Available customizations:

With the given market data, we offer customizations according to the specific needs of a company. The following customization options are available for the report:

Company Information

• Detailed analysis and profiling of additional market players (maximum five).
Read the full report: https://www.reportlinker.com/p06289850/?utm_source=GNW

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