Indian Air Conditioner Market Examined in New Smart Research Insights Report Now Available at MarketPublishers.com23 Jul 2015 • by Natalie Aster
LONDON – India is expected to join the top 5 of the world’s largest markets for consumer durables by 2025. The local market is expected to be worth around USD 12.5 billion in FY15, up by over USD 6.2 billion from FY10.
The air conditioner segment has high growth potential, though currently 3 percent of households have an air conditioner. Environmental changes, growing income levels and urbanization are key factors igniting growth of this market.
At present, there are more than 15 local and multinational companies participating in the Indian marketplace, such as Samsung, Voltas, Hitachi, and more. All players compete with each other for a share in the marketplace. Some of them have initiated to launch low-priced offering in an attempt to attract potential customers’ attention.
New research study “A Study of the Indian Air Conditioner Market 2015” elaborated by Smart Research Insights provides an up-close look at the Indian market for air conditioners. The report contains an insightful overview of the marketplace. It uncovers current statistics and investigates exports and imports. The study limelights market trends and explores market drivers. The research report discusses industry challenges and the competitive environment. Details company profiles and future market outlook are available in the study too.
A Study of the Indian Air Conditioner Market 2015
Published: July, 2015
Price: US$ 1,000.00
More new reports by the publisher can be found at Smart Research Insights page.