Booming Consumer Electronics Market in IndiaBy: Shushmul Maheshwari
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Booming Consumer Electronics Market in India
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India has an increasingly affluent middle class population that, on the back of rapid economic growth, has made the country’s consumer electronics industry highly dynamic. The industry has been witnessing significant growth in recent years due to several factors, such as retail boom, growing disposable income and availability of easy finance schemes. But still, the consumer electronics goods, like refrigerators, microwave and washing machines have low penetration in the country, representing vast room for future growth. This is attracting many foreign majors to the country, says our new research "Booming Consumer Electronics Market in India”.
The report finds that since the penetration of several products like TVs and refrigerators are reaching saturation in the urban areas, the markets for these products are shifting to the semi-urban and rural areas.
This analytical research thoroughly evaluates the Indian consumer electronics industry. It briefly discusses about the current and emerging trends in the industry, underlining the future potential areas and key issues crucial for the industry development.
"Booming Consumer Electronics Market in India” offers extensive research on various consumer electronics products that are broadly classified as home appliances, audio/video appliances, mobile handsets, and PC market. It provides an insight into the emerging and potential future trend in all the categories and highlights the key strategies that need to be worked upon to get success in the highly competitive industry.
The report thoroughly analyzes the historic performance and future prospects, offering 4-year industry forecast, of following consumer electronics products:
- Washing Machines (Semi-automatic & Fully Automatic)
- Television
- Set-top Box
- Refrigerator (Frost-free & Direct Cool)
- Air Conditioner
- Microwave Oven
- MP3 Players
- Digital Camera & Camcorder
- Mobile Handsets
- PCs (Desktop & Notebook)
Key Research Findings:
- Propelled by growing middle class population, changing lifestyle and rapid urbanization, the Indian consumer electronics industry is forecasted to grow at a rapid rate of 10% to 12% in the coming few years.
- Volume sales of washing machine will be driven by growth in fully automatic category during 2008-09 to 2011-12.
- The market for televisions in India is changing rapidly from the conventional CRT technology to Flat Panel Display Televisions (FPTV). Currently, the split between CRT and FPTV is around 97% and 3% respectively, and the share of FPTV is projected to increase at robust rate in near future.
- Frost-free refrigerator sales, certainly growing at a much faster pace than the direct-cool category, are anticipated to drive the Indian refrigerators market over the forecast period.
- The AC market in India is projected to grow at 30% to 35% for the coming few years.
- Driven by young population, demand for MP3 players and digital video appliances are anticipated to surge at double-digit rate in near future.
- The low penetration level of consumer electronics goods coupled with increasing preference for comfort and luxurious goods are widely attracting the foreign as well as domestic players to the industry.
For FREE SAMPLE of this report visit: http://www.rncos.com/Report/IM157.htm
Check DISCOUNTED REPORTS on: http://www.rncos.comhttp://www.rncos.com |
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| Keywords |
Booming Consumer Electronics Market in India, Booming Consumer Electronics Market |
| Category |
Business |
| Submission Date |
Jul 27, 2009 |
| Article Contact Name |
Shushmul Maheshwari || send email to Shushmul Maheshwari
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Other links at Business |
| 1. |
RNCOS Releases a New Report- Fuel Cell Industry Analysis
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RNCOS has recently added a new Market Research Report titled, “Fuel Cell Industry Analysis” to its report gallery. Fuel cell technology has garnered great support and interest around the world in the past decade because of its huge market potential, positive impact on air quality and radically different nature than currently available power sources. The technology has witnessed a remarkable expansion in terms of new installations worldwide and the immense growth in the shipments of the fuel cell products. Besides, it has the potential to strengthen national energy security by reducing dependence on imported petroleum.
According to our new research report, "Fuel Cell Industry Analysis”, the fuel cells market has a bright future ahead and will see wide acceptance given the high growth in the global cumulative shipments at a CAGR of around 49% during 2005-2008. This increase is largely attributed to growing number of regions launching high profile projects and a large number of countries increasing their emission legislation standards.
We have classified the fuel cells as - Molten Carbonate Fuel Cells (MCFC), Proton Exchange Membrane Fuel Cells (PEMFC), Solid Oxide Fuel Cells (SOFC) and Direct Methanol Fuel Cells (DMFC). There has been a rising trend witnessed in their installations and adoption in various application areas. We have found that PEMFC and DMFC are primarily used for portable applications, while MCFC and SOFC are used widely for stationary purposes. Besides, DMFC’s are also used in some niche transportation sectors.
From the applications perspective, the report has broadly categorized the applications of fuel cells for portable, transportation and stationary purposes. The portable segment has emerged as the key power source owing to the current limitations of batteries and generators in terms of efficiency and emissions.
The report has given the global overview of the fuel cell industry and has placed special focus on the developments taking place in various countries in terms of the units manufactured and the investments being made in those countries for research purposes. On the basis of our research and thorough analysis, we foresee Japan, North America and Europe to emerge as the major markets for the fuel cell technology by 2010.
For FREE SAMPLE of this report visit: http://www.rncos.com/Report/IM102.htm
Check DISCOUNTED REPORTS on: http://www.rncos.com
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Buying a business
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Even though you want to buy a business immediately, it often takes 12 months to buy your first business. People often do not know what they are looking for. The first business they view may be the best however they have expectation that the next company for sale will be better than the first company they viewed. it is possible by the time they realize that, the first company has been sold.
Often, investors do not what industry they want the business to be in. Determine what are your strengths, determine in your past experience, do you have business contacts. Can they be used in a new business adventure. What type of business product do these business contacts want, do they want a service, a product. You are buying a business in order to make it grow therefore it is important if your past can help your future. You can then modify your search to look for a business that will benefit from dealing with your current business associates.
If you do not have business contacts to use, then look for what interests you. If you have had formal training or exposure to a business, then concentrate in those areas. If you are good at people but do not know how to run a business, then look to purchase a franchise. Do you buy a new or resale franchise. if it is a current business, you have less risk because you know the amount of revenue that can be achieved. If you buy a business business/franchise, the amount of revenue that you can attain is an unknown. Projections provided by a vendor/franchisor are only projections, sales may not reach the limit in a projection. In all my years in business, I have only seen one negative projection. For additional articles on buying or sellling a business see www.thebusinessplace.com
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Economic Crisis Unable to Stop Russia to Spend on IT
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According to the report “Russia IT and Outsourcing Industry Forecast to 2011” by RNCOS, IT spending in Russia is way ahead of other Eastern European countries. Despite the recent economic turmoil, Russia will continue to dominate the IT industry landscape in the region. Although there may be some budget cut on the IT spending by the companies but it will not be enough to decelerate the IT industry growth trajectory.
Majority of the spending will be on hardware and equipments followed by services and packaged software. The share of spending on hardware will decline in future and that of services and packaged software will increase. It is expected that the spending by SMEs will account for more than 40% of the total IT spending in Russia by 2012. Majority of the spending will be focused on strengthening information and data security and employee IT training needs.
According to a Sr. Analyst at RNCOS, “Over the next one to two years, growth in the IT market may slow down for a while but it will still continue in upward direction. Spending from retail consumer is expected to witness a sharp downturn as compared to spending by government, SMEs and other industry verticals. It is expected that IT spending from verticals like retail, telecomm, banks and insurance will witness least decline as these sectors will concentrate more on IT to increase efficiency levels in current downturn and cost cutting environment.”
“Russia IT and Outsourcing Industry Forecast to 2011” is an extensive research on IT and outsourcing industry of Russia. It provides qualitative and quantitative industry analysis, coupled with the factors responsible for the industry’s growth, opportunities and antagonistic forces challenging the industry. It underlines the spending patterns across the various segments of the industry.
This research report provides the segment-wise analysis, latest market trends, and the emerging areas in the Russian IT and outsourcing industry. It also contains five-year industry forecast drawn after analyzing the present and future trends in the market. The vast and detailed information given in this report will help the clients in understanding the market dynamics and align their business strategies accordingly.
For FREE SAMPLE of this report visit: http://www.rncos.com/Report/IM570.htm
Check DISCOUNTED REPORTS on http://www.rncos.com
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| 4. |
RNCOS Releases a New Report- China Aluminium Market Analysis
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RNCOS has recently added a new Market Research Report titled, “China Aluminium Market Analysis” to its report gallery. China, being the largest consumer and major producer of aluminium, remains the growth engine for global aluminium industry. China’s aluminium demand outstripped the domestic supply in the last few years. The growth of aluminium depends on a number of factors, like rapid industrialization, economic growth and growth in end user segment of aluminium, says “China Aluminium Market Analysis”.
This report discusses the impact of the Chinese aluminium industry on the global aluminium industry and analyzes the current and future of the industry. It thoroughly investigates the current market trends, evolving markets and growth prospects.
This research comprehensively studies the market to evaluate its future direction. However, the forecast given in this report is not based on a complex economic model, but is intended as a rough guide to the direction in which the market is likely to move.
Key Findings of the Report
- Primary aluminium output in China hit nearly 12.56 Million Metric Tons in 2007. Rising demand and slowing production are putting pressure on supply-demand balance.
- It is expected that from 2008 to 2018, the aluminium industry of China will grow by 12.5% against 7% growth for the global industry during the same period.
- Investment in infrastructure and buildings to house the rapidly expanding urban population are the two key factors behind the phenomenal growth in metal demand in China for purely domestic applications.
- Energy tightness will be a long-term issue restricting China's primary aluminium production from expanding at its previous pace.
Key Issues & Facts Analyzed in the Report
- How China’s aluminium industry is impacting the global industry?
- What is the status of aluminium production, consumption, end-user segments and export/import in China?
- What are the key opportunities for the industry?
- What are the major factors hindering the growth of the industry?
- How the China’s secondary aluminium market is performing?
Key Players Analyzed in the Report
This section covers the key facts about the major players currently operating in China’s aluminium industry such as Chalco, Liaoning Zhongwang Group Co., Ltd., Henan Zhongfu Industry Co., Ltd and Alcon.
Research Methodology Used in the Report
Information Sources
The information has been sourced from authentic and reliable sources like books, newspapers, trade journals, white papers, industry portals, government agencies, trade associations, monitoring industry news and developments, and through access to more than 3000 paid databases.
Analysis Method
Methods like ratio analysis, historical trend analysis, linear regression analysis using software tools, judgmental forecasting, and cause and effect analysis have been used in the report for rational analysis.
For more information visit: http://www.rncos.com/Report/IM139.htm
Current Industry News: http://www.rncos.com/Blog/
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| 5. |
RNCOS Releases a New Report- Women Wear Market Forecast to 2010
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RNCOS has recently added a new Market Research Report titled, “Women Wear Market Forecast to 2010” to its report gallery. The Indian women apparel market has undergone a transformational phase over the past few years - growing number of working women, changing fashion trends, rising level of information and media exposure, and entry of large number of foreign brands have given the industry a new dimension. As a result, various industry majors operating in men apparel segment have now started to diversify themselves into women wear in order to exploit the highly lucrative market that was estimated at more than Rs. 37,000 Crore in 2007. The market, in the past five years, posted a growth rate of good 14%. And with the growing presence of organized retail and rapidly spreading mall culture, the industry is all set to grow further in future, according to "Women Wear Market Forecast to 2010”, a research report by RNCOS.
The report provides extensive research and rational analysis on the women apparel market in India. It underlines various factors responsible for the growth of women apparel market in India and helps to explore the opportunities associated with it. The research gives an insight into the changing market dynamics and identifies the potential segments in the overall women apparel market.
Key Findings
- Increasing at a CAGR of over 17%, women apparel market is expected to cross Rs. 61,000 Crore by 2010.
- Branded women apparel market is projected to rise at a rate close to 25% and surpass Rs. 18,000 Crore by 2010.
- Premium segment apparel is forecasted to account for close to 20% of total women apparel market by 2010.
- Western wear, along with lingerie, will emerge as the fastest growing segment.
- Organized players are expected to account for over 40% lingerie market by 2009.
- Demand for textile and apparel machinery is anticipated to increase at more than 100% till 2011.
- Demand for ready-made garments in rural market is projected to hit a CAGR of around 16.50% by 2010.
Key Issues & Facts
- What is the market size and scope of women’s apparel market in India?
- What is the position of the Indian apparel industry by volume, value and segments?
- What are the current market trends?
- What is the segment-wise performance of the women apparel industry?
- Which factors are driving growths in the sector?
- What are the various challenges and opportunities for the industry?
Key Players
This section covers the business overview and financials of major domestic and international players currently operating in the Indian women apparel industry, including Provogue India Ltd., Pantaloon Retail (India) Ltd., Page Industries, and Donna Karan International Inc.
Research Methodology
Information Sources
Information has been sourced from various credible sources like books, newspapers, trade journals and white papers, industry portals, government agencies, trade associations, monitoring industry news and developments, and through access to over 3000 paid databases.
Analysis Method
The analysis methods include ratio analysis, historical trend analysis, linear regression analysis using software tools, judgmental forecasting, and cause and effect analysis.
For FREE SAMPLE of this report visit: http://www.rncos.com/Report/IM127.htm
Check DISCOUNTED REPORTS on: http://www.rncos.com
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