India market info

  • The Indian consumer electronics and domestic home appliance market is expected to grow at 9% CAGR till 2022, from US $ 31.4 billion in 2017 to US $ 48.3 billion by 2022.
  • The demand for electronic products is expected to grow at a CAGR of 41% during 2017-2020 to reach US $ 400 billion by 2020.
  • Domestic electronics production is growing at a CAGR of 27% and may touch $104 billion leaving an import shortfall of around $ 300 billion.
  • The overall Indian electronics market grew by 8.6% YoY to reach $ 75 billion in 2015, driven by rising local demand.
  • Of the country’s total demand for electronics, between 50-60% of the products and 70-80% of the components are imported.
  • India is the world’s second largest mobile phone market and boasts 7.6% of the global smartphone market.
  • The size of home appliances and consumer durables market was US $ 15.5 billion in 2017.
  • India has a huge untapped home appliances market; currently only 29% houses own a refrigerator, 11% own a washing machine and 6% own a computer or a laptop.
  • Kitchen Appliances recorded growth of over 13% CAGR from 2011-16 and projected to reach over US $ 7 billion by 2022 with categories like Hobs, Blenders, Microwaves, Chimneys, Electric Kettles, Cookers, etc., recording double digit value growth
  • India has the world’s 3rd largest television industry, which is expected to grow by 12.97% to US $ 11.78 billion in 2018 from US $ 9.23 billion in 2016
  • The market size for refrigerators was around US $ 3.02 billion in 2017 and is expected to reach US $ 5.34 billion by 2022 while the market size for air conditioning was around US $ 2.76 billion in 2017
  • India’s robust economic growth and rising household incomes are expected to increase consumer spending to US $ 4 trillion by 2025
? 2018 | @CEI | All Rights Reserved
gclub casino sitemap sbobet888888 bet365soccer sbobet555line scr888login MobileW88 Free online slots m88 pantip
www.zhaoyiqiang.com| www.chinalhc.org| www.w88wblog.net| www.888w88.com| www.geisheimermath.com| www.dominica-hotel.com| www.copy-creators.com| www.carltonwinestop.com| www.thedallasblackexpo.com| www.freew88.com| www.p88th.com| www.w88wthai.com| www.qizoyinlari.com| www.sheldonharvey.com| www.studiow88.com| www.esportessencial.com| www.poseidonshpng.com| www.mingdu-zhotel.com| www.lovew88th.com| www.sshpw.com| www.registrytreatments.com| www.wqshingtonpost.com| www.dominica-hotel.com| www.24w88.com| www.multi-techs.net| www.orchardsweaters.com| www.chuggingtongames.com| www.iw88th.com| www.raydennisonchevy.net| www.homew88.com| www.releasings.net| www.kathleenball.net| www.usastaterecords.com| www.theozoneonline.com| www.vidieukhien.net| www.shimi2zumba.com| www.desenwiremesh.com| www.inthezonewellness.com| www.ajgsportstalk.com| www.w88casino.org| www.seacruisersvlogs.com| www.polarisviprentals.com|