Indian Television Manufacturing Market Study 2016-2025 – Research and Markets
July 6, 2016 | By Business Wire News
DUBLIN
Research and Markets has announced the addition of the “A Study of the Indian Television Manufacturing Market 2016” report to their offering.
By 2025, it is expected that India will become the fifth largest consumer of durables globally. The consumer durables industry is projected to double at 14.8% CAGR to reach approximately USD 12.5 billion in FY15 from USD 6.3 billion in FY10. It is expected that India’s appliance and consumer electronics segment will reach USD 20.6 billion by 2020, growing at a compounded annual growth rate of 13.4%.
The Indian television market is shifting from the traditional cathode ray tube technology to LED, LCD and Plasma televisions. It is expected that India’s TV industry revenue will reach INR 130,500 crore by 2020. TVs form the next largest imports in the consumer durables sector behind air conditioners in India.
Production of flat panel television in India has been growing at a CAGR of 66% in the period FY10-FY14 as compared to washing machine production which has been growing at 3%, refrigerator production which has been growing at 2% and AC production which has been growing at 8% in the same period.
Factors such as increasing availability, affordable prices, increasing disposable incomes and a rising number of nuclear families is boosting the market. The presence of various multinational companies has increased the growth potential for the market, as these players are focusing on building capabilities in the Indian market.
Key Topics Covered:
1. Indian Consumer Durables Market
2. Indian Television Market
3. India Flat Panel Television Market
4. Growth Drivers
5. Competitive Landscape
6. Market Outlook
7. List of Charts & Graphs
8. Research Methodology
Companies Mentioned
– LG Electronics
– Micromax Informatics
– PanasonicCorporation
– Samsung
– Sony Corporation
– Videocon
For more information visit http://www.researchandmarkets.com/research/9h2b4h/a_study_of_the
View source version on businesswire.com: http://www.businesswire.com/news/home/20160706005715/en/
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Sector: Televisions and Television Services
