Press release
Television Market Next Big Thing | Major Giants Philips, Samsung Electronics, Sony, TCL, Xiaomi Technology
A new research document is added in HTF MI database of 88 pages, titled as 'Television Market in India (LED, LCD, HD, UHD) 2019' with detailed analysis, Competitive landscape, forecast and strategies. The study covers geographic analysis that includes regions like North America Country (United States, Canada), South America, Asia Country (China, Japan, India, Korea), Europe Country (Germany, UK, France, Italy) & Other Country (Middle East, Africa, GCC) and important players/vendors such as BPL Limited, Intex Technologies (India) Limited, Hitachi India Private Limited, LG Electronics India Private Limited, Panasonic India Private Limited ETC. The Study will help you gain market insights, upcoming trends and influencing growth prospects for forecast period of 2019-2026.
Access sample report @ https://www.htfmarketreport.com/sample-report/2577610-television-market-in-india-2
Summary
Television is one of the fastest-growing consumer durable goods in India, this can be witnessed from the fact that the total number of homes in the country grew only by ~4.5% during 2017-2018 period whereas the television market witnessed ~7.5% growth during the same period. The rapid penetration of television in Indian households can be attributed to reduced cost of production and increased consumer affordability. Over the years, the television industry has adopted fast-evolving technologies to introduce innovations like foldable TV and virtual voice assistant-enabled TV.
Market insights:
The Indian television market comprises of the television sets incorporated with light-emitting diode (LED), liquid crystal display (LCD), high definition (HD), and ultra-high definition (UHD) technologies. The flat panel television (LED, LCD, HD, and UHD) market in India was valued at INR 690.16 Bn in FY 2018 and is expected to reach INR 1,238.33 Bn by FY 2024, expanding at a compound annual growth rate (CAGR) of ~9.25% during the FY 2019-FY 2024 period.
The reduction of import duty on open cell LED TV panels from 5% to 0% has led to the fall the cost of the overall television sets in the country. Moreover, the industry is witnessing a shift in consumer preferences towards flat panel televisions, with a spurt in its demand, from the traditional CRT displays. However, the adoption of substitute devices like laptops and mobile phones, coupled with a fall in profitability is impeding the growth of flat panel television market in India.
Get Customization in the Report, Enquire Now @ https://www.htfmarketreport.com/enquiry-before-buy/2577610-television-market-in-india-2
Segmentation insights:
The flat panel television market can be segmented into smart TV and non-smart TV. The smart TV segment accounts for a significant share of more than 70% of the overall television market. Foreign players like Xiaomi, OnePlus and Motorola have disrupted the smart TV segment in India with the launch of its range of affordable products. Domestic players are rapidly reducing prices to deal with the fierce competition in the industry. Xiaomi is one of the important players in the smart TV segment with a share of ~29.50%, followed by LG, Samsung and Sony.
In terms of display size, television sets between 32 inches and 43 inches account for the most notable percentage of sales since they are affordable to the masses. Further, as goods and services tax (GST) rates were reduced, prices of television sets went down.
Competition analysis:
The Indian television market is highly competitive and is dominated by significant players like Samsung, LG and Sony, and they collectively constitute a substantial share of the market. Nevertheless, foreign players like Xiaomi, Realme and OnePlus are flourishing and have captured a considerable share in a short span, owing to their affordable products with a wide variety of features. Moreover, the online sale of television sets has increased considerably in the past few years, posing a threat to conventional sales channels.
Buy this report @ https://www.htfmarketreport.com/buy-now?format=1&report=2577610
Companies covered:
BPL Limited, Intex Technologies (India) Limited, Hitachi India Private Limited, LG Electronics India Private Limited, Panasonic India Private Limited, Philips India Limited, Samsung Electronics India Private Limited, Sony India Private Limited, TCL India, Xiaomi Technology India Private Limited
Chapter 1: Executive summary
Chapter 2: Socio-economic indicators
Chapter 3: Introduction
3.1. Market definition and structure
3.2. Indian television industry – overview
3.2.1. TV owning individuals
3.2.2. TV viewing hours per viewer
3.2.3. TV penetration in India
3.2.4. Rural television penetration
3.2.5. Urban television penetration
3.2.6. Top television penetrated states
Chapter
....Continued
View Detailed Table of Content @ https://www.htfmarketreport.com/reports/2577610-television-market-in-india-2
It's vital you keep your market knowledge up to date. If you have a different set of players/manufacturers according to geography or needs regional or country segmented reports we can provide customization accordingly.
Craig Francis (PR & Marketing Manager)
HTF Market Intelligence Consulting Private Limited
Unit No. 429, Parsonage Road Edison, NJ
New Jersey USA – 08837
Phone: +1 (206) 317 1218
sales@htfmarketreport.com
HTF Market Report is a wholly owned brand of HTF market Intelligence Consulting Private Limited. HTF Market Report global research and market intelligence consulting organization is uniquely positioned to not only identify growth opportunities but to also empower and inspire you to create visionary growth strategies for futures, enabled by our extraordinary depth and breadth of thought leadership, research, tools, events and experience that assist you for making goals into a reality. Our understanding of the interplay between industry convergence, Mega Trends, technologies and market trends provides our clients with new business models and expansion opportunities. We are focused on identifying the “Accurate Forecast” in every industry we cover so our clients can reap the benefits of being early market entrants and can accomplish their “Goals & Objectives”.
Access sample report @ https://www.htfmarketreport.com/sample-report/2577610-television-market-in-india-2
Summary
Television is one of the fastest-growing consumer durable goods in India, this can be witnessed from the fact that the total number of homes in the country grew only by ~4.5% during 2017-2018 period whereas the television market witnessed ~7.5% growth during the same period. The rapid penetration of television in Indian households can be attributed to reduced cost of production and increased consumer affordability. Over the years, the television industry has adopted fast-evolving technologies to introduce innovations like foldable TV and virtual voice assistant-enabled TV.
Market insights:
The Indian television market comprises of the television sets incorporated with light-emitting diode (LED), liquid crystal display (LCD), high definition (HD), and ultra-high definition (UHD) technologies. The flat panel television (LED, LCD, HD, and UHD) market in India was valued at INR 690.16 Bn in FY 2018 and is expected to reach INR 1,238.33 Bn by FY 2024, expanding at a compound annual growth rate (CAGR) of ~9.25% during the FY 2019-FY 2024 period.
The reduction of import duty on open cell LED TV panels from 5% to 0% has led to the fall the cost of the overall television sets in the country. Moreover, the industry is witnessing a shift in consumer preferences towards flat panel televisions, with a spurt in its demand, from the traditional CRT displays. However, the adoption of substitute devices like laptops and mobile phones, coupled with a fall in profitability is impeding the growth of flat panel television market in India.
Get Customization in the Report, Enquire Now @ https://www.htfmarketreport.com/enquiry-before-buy/2577610-television-market-in-india-2
Segmentation insights:
The flat panel television market can be segmented into smart TV and non-smart TV. The smart TV segment accounts for a significant share of more than 70% of the overall television market. Foreign players like Xiaomi, OnePlus and Motorola have disrupted the smart TV segment in India with the launch of its range of affordable products. Domestic players are rapidly reducing prices to deal with the fierce competition in the industry. Xiaomi is one of the important players in the smart TV segment with a share of ~29.50%, followed by LG, Samsung and Sony.
In terms of display size, television sets between 32 inches and 43 inches account for the most notable percentage of sales since they are affordable to the masses. Further, as goods and services tax (GST) rates were reduced, prices of television sets went down.
Competition analysis:
The Indian television market is highly competitive and is dominated by significant players like Samsung, LG and Sony, and they collectively constitute a substantial share of the market. Nevertheless, foreign players like Xiaomi, Realme and OnePlus are flourishing and have captured a considerable share in a short span, owing to their affordable products with a wide variety of features. Moreover, the online sale of television sets has increased considerably in the past few years, posing a threat to conventional sales channels.
Buy this report @ https://www.htfmarketreport.com/buy-now?format=1&report=2577610
Companies covered:
BPL Limited, Intex Technologies (India) Limited, Hitachi India Private Limited, LG Electronics India Private Limited, Panasonic India Private Limited, Philips India Limited, Samsung Electronics India Private Limited, Sony India Private Limited, TCL India, Xiaomi Technology India Private Limited
Chapter 1: Executive summary
Chapter 2: Socio-economic indicators
Chapter 3: Introduction
3.1. Market definition and structure
3.2. Indian television industry – overview
3.2.1. TV owning individuals
3.2.2. TV viewing hours per viewer
3.2.3. TV penetration in India
3.2.4. Rural television penetration
3.2.5. Urban television penetration
3.2.6. Top television penetrated states
Chapter
....Continued
View Detailed Table of Content @ https://www.htfmarketreport.com/reports/2577610-television-market-in-india-2
It's vital you keep your market knowledge up to date. If you have a different set of players/manufacturers according to geography or needs regional or country segmented reports we can provide customization accordingly.
Craig Francis (PR & Marketing Manager)
HTF Market Intelligence Consulting Private Limited
Unit No. 429, Parsonage Road Edison, NJ
New Jersey USA – 08837
Phone: +1 (206) 317 1218
sales@htfmarketreport.com
HTF Market Report is a wholly owned brand of HTF market Intelligence Consulting Private Limited. HTF Market Report global research and market intelligence consulting organization is uniquely positioned to not only identify growth opportunities but to also empower and inspire you to create visionary growth strategies for futures, enabled by our extraordinary depth and breadth of thought leadership, research, tools, events and experience that assist you for making goals into a reality. Our understanding of the interplay between industry convergence, Mega Trends, technologies and market trends provides our clients with new business models and expansion opportunities. We are focused on identifying the “Accurate Forecast” in every industry we cover so our clients can reap the benefits of being early market entrants and can accomplish their “Goals & Objectives”.
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