India Consumer Electronics Market is expected to reach USD 118.4 billion in 2025

1. India Consumer Electronics Market is expected to reach USD 118.4 billion in 2025 “Rising disposable income, rapid urbanization as well as the introduction of novel products in the market is expected to further contribute to the India Consumer Electronics market growth.” The India consumer electronics market is expected to reach USD 118.4 billion in 2025, according to a new report by Grand View Research, Inc. Rising disposable income, rapid urbanization as well as the introduction of novel products in the market is expected to further contribute to the market growth. The demand for flat refrigerators, washing machines, and TVs is rising with a decline in penetration of products vis-a-vis global levels, urbanization, and increasing disposable income of consumers. There has been an increase in imports from regions such as China and South-East Asia, considered to be low-cost regions, owing to certain free-trade agreements, and availability of low-cost products, in relation with costs about local manufacturing. To effectively suffice the rising local demand and export demand to the neighboring regions and the Middle East and Africa, global market participants are planning to expand their local manufacturing in India, thus making it an export hub. Request A Sample Copy Of This Report at: https://www.radiantinsights.com/research/india-consumer-electronics- market/request-sample Follow Us:

2. However, presently the Indian manufacturers are facing challenges such as, inverted duty structure due to free trade agreements, which makes Indian manufacturing uncompetitive for white goods, including ACs, refrigerators and washing machines. The non-applicability of Modified Special Packages Scheme (MSIPS) in several consumer durables; hiked excess duties, under-developed and insufficient local supplier base; and high-cost of manufacturing and capital costs owing to frequently changing energy efficiency requirements also contribute to this scenario. The drivers contributing to the growth of this market relate to increasing levels of income and urbanization, improved affordability of products, product innovation, availability of newer variants of products, easy consumer financing, and rise in the share of organized retail. Increasing local value addition levels and growing investment will observe a manifold jump, as an increasing number of OEMs are foreseeing the localization of their products in India. Further key findings from the study suggest: India possesses the availability of talented workforce and superior design capabilities, at nearly 140% lower wages than China, which will help in strengthening the country's position as a potential domestic-cum-export-oriented production base globally. The enormous electronics domestic demand is likely to emerge as a key trigger necessitating the establishment of a local ecosystem. Programs and policies, such as, Make-in-India, Digital India, Jan Dhan Yojana, Swacch Bharat Abhiyan, Domestic Efficient Lightning Programme, Smart Cities, Modified Special Incentives Package Scheme, etc. are likely to positively impact the electronics manufacturing growth in India. Reliance on imports for critical electronic components and inadequate testing facilities in the country are some anticipated weaknesses for the market in the forecast period. Browse Full Research Report at: https://www.radiantinsights.com/research/india- consumer-electronics-market Table of Contents: Chapter 1 Methodology and Scope 1.1 Research methodology 1.2 Research scope and assumptions 1.3 List of data sources Follow Us:

3. Chapter 2 Executive Summary 2.1 India Consumer Electronics: Industry snapshot and key buying criteria Chapter 3 Market Variables, Trends, and Scope 3.1 Market segmentation 3.2 Market size and growth prospects, 2014-2025 3.3 India consumer electronics value chain analysis 3.4 India consumer electronics market dynamics 3.4.1 Market driver analysis 3.4.1.1 Technology and manufacturing capability advancements 3.4.2 Market restraint analysis 3.4.2.1 Encapsulation 3.5 Industry analysis - Porter's 3.6 India Consumer Electronics PESTEL analysis Chapter 4 India Consumer Electronics Market: Product Estimates & Trend Analysis 4.1 Mobile phones 4.1.1 India consumer electronics market estimates and forecast for mobile phones, 2014 - 2025 (USD Billion) 4.2 TVs 4.2.1 India consumer electronics market estimates and forecast for TVs, 2014 - 2025 (USD Billion) 4.3 Refrigerators 4.3.1 India consumer electronics market estimates and forecast for refrigerators, 2014 - 2025 (USD Billion) 4.4 Set-top Boxes 4.4.1 India consumer electronics market estimates and forecast for set-top boxes, 2014 - 2025 (USD Billion) Follow Us:

4. 4.5 Digital Cameras 4.5.1 India consumer electronics market estimates and forecast for digital cameras, 2014 - 2025 (USD Billion) 4.6 Air Conditioners See More Reports of This Category by Radiant Insights at: https://www.radiantinsights.com/catalog/consumer-electronics About Radiant Insights,Inc: Radiant Insights is a platform for companies looking to meet their market research and business intelligence requirements. We assist and facilitate organizations and individuals procure market research reports, helping them in the decision making process. We have a comprehensive collection of reports, covering over 40 key industries and a host of micro markets. In addition to over extensive database of reports, our experienced research coordinators also offer a host of ancillary services such as, research partnerships/ tie-ups and customized research solutions. Contact Details: Michelle Thoras Corporate Sales Specialist, USA Radiant Insights, Inc 28 2nd Street, Suite 3036, San Francisco, CA 94105, United States Phone: 1-415-349-0054 Toll Free: 1-888-202-9519 Email: sales@radiantinsights.com Web: http://www.radiantinsights.com/ Visit Our Blog: http://industryinsightreport.blogspot.com Follow Us: