India Home Appliances Industry Overview
The Indian home appliance market is competitive and moderately consolidated, as top players have a high market share in the industry of big and small appliances. Some of the major players are Electrolux AB, Haier Electronics Group Co Ltd, LG Electronics, Robert Bosch GmbH, Whirlpool Corporation, and Samsung, among others. Consumers have been becoming more technical understanding, and the manufacturers should be able ready to offer the best technological advancements to the users, thereby, increasing the investment into R&D. According to a source, over 35% of the Indian population lived in an urban area, which is expected to rise in the coming years. This creates an enormous opportunity for the smart home market players.
India Home Appliances Market Leaders
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Electrolux AB
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Haier Electronics Group Co Ltd
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LG Electronics
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Robert Bosch GmbH
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Whirlpool Corporation
- *Disclaimer: Major Players sorted in no particular order