|By Business Wire||
|July 14, 2014 06:14 AM EDT||
Research and Markets (http://www.researchandmarkets.com/research/ml3tbf/washing_machine) has announced the addition of the "Washing Machine Market in India 2014-2018" report to their offering.
The washing machine has become a necessity in the daily lives of the people. Its demand has been increasing in India due to increasing availability of new innovative models in the market and increasing PPP of the Indian middle class families. It is no longer a luxury product but a utilitarian product. The market is flooded with numerous leading electronics brands presenting a huge variety of models to choose from. It is available from a normal large-sized look to more portable and stylish look such as top loading, front loading, fully automatic, and semi-automatic. New innovative washing machines include Bluetooth technology and a messaging feature through which it can receive recommendations and control settings even when the user is away from home.
The report covers the present scenario and the growth prospects of the Washing Machine market in India for the period 2014-2018. To calculate the market size and vendor share, it considers the revenue generated from the following segments: Automatic Washing Machines and Semi-automatic Washing Machines.
According to the report, an improvement in living standards and the rise of the Indian middle-class are the major drivers. With the rise in income levels, the average Indian family can afford to invest in electronic appliances such as washing machines. Furthermore, the report states that the rising raw material prices is one of the biggest challenges as manufacturers operate on low profit margins. Some companies have adopted the strategy of resource optimization to cope with this challenge.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
- LG Electronics Inc.
- Samsung Electronics Co. Ltd.
- Videocon Industries Ltd.
- Whirlpool Corp.
Other Prominent Vendors:
- Haier Electronics Group Co. Ltd.
- IFB Industries Ltd.
- Maharaja Whiteline Industries Pvt. Ltd.
- Mirc Electronics Ltd.
- Panasonic Corp.
- Super Cassettes Industries Ltd.
- TCL Corp.
- The Godrej and Boyce Mfg. Co. Ltd.
- Toshiba Corp.
Key Topics Covered:
- Executive Summary
- List of Abbreviations
- Scope of the Report
- Market Research Methodology
- Market Landscape
- Market Segmentation by Product
- Geographical Segmentation
- Buying Criteria
- Market Growth Drivers
- Drivers and their Impact
- Market Challenges
- Impact of Drivers and Challenges
- Market Trends
- Trends and their Impact
- Vendor Landscape
- Market Share Analysis 2013
- Key Vendor Analysis
- Other Prominent Vendors
For more information visit http://www.researchandmarkets.com/research/ml3tbf/washing_machine
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