India Market Research Reports

Cordless Power Tools to Exhibit Nearly Twofold Growth as Compared to the Corded Ones in India Power Tools Market During 2018-24 - 6Wresearch With growing automation & time-efficiency requirements, there is a radical shift from hand tools towards power tools in India. Over the past few years, power tools have gained acceptance across all major verticals including construction, industrial, and automotive. Further, to fulfill the continuously growing demand for power tools in the country, manufacturers are coming up with innovative products which offer application-specific power tools as per end user requirements. According to 6Wresearch , India Power Tools market is projected to grow at a CAGR of 8.4% during 2018-24 . Among different types of power tools, electric power tools bagged the maximum revenue share in 2017. Although, corded electric power tools contributed majority of the revenue share in 2017, however, the segment is anticipated to continuously lose its market share o...

Rapid Internet Penetration coupled with Digitization and New Technological Innovations in Electronics Sector would Drive India Smart TV Market over the Next Six Years - 6Wresearch India smart TV market registered robust growth in 2017 attributed to a sharp drop in the prices of smart TVs as well as rising penetration of smart TV vendors. Substantial investment flows by video streaming media companies like Netflix, Amazon Prime and Hotstar led to an increase in the number of Pay-TV subscribers. Furthermore, rise in disposable income levels and growing internet penetration in the country also contributed to an increase in sales of smart TVs. According to 6Wresearch , India Smart TV market is projected to grow at a CAGR of 9.4% by 2024 . Surge in number of households with easy accessibility to internet and rise in purchasing power of people would drive the adoption of smart TVs in the country. In addition to government initiatives such as Digital India and Make in India, rapid urbani...

Strengthening of Primary Education Sector and Growing Visual Arts Industry would be the Key Drivers for the Growth of India Art Stationery Market - 6Wresearch Government efforts to improve gross enrollment rate along with strengthening of pre-primary and primary education infrastructure in the country would increase the demand for art stationery products in India over the next six years. According to 6Wresearch , India Art Stationery market revenues are projected to grow at a CAGR of 13.8% during 2018-24 . Government emphasis on increasing the standard of education in India would drive opening of new schools across the nation. More than 100 million children in the age group of 2-5 years are enrolled in pre-school or early childhood education center at present. Growing popularity of cultural events such as art festivals and exhibitions are also supporting the development of the art industry in India, which would increase the growth prospects for art stationery products among artist...

Growing Construction and Power Utilities Segments to Drive the Growth of India Cable Tray Market During 2018-24- 6Wresearch Numerous ambitious initiatives have been put in effect by the Indian government to drive the development of several domestic sectors over the coming years. The Smart Cities Mission, Make in India Campaign, Saubhagya Scheme as well as the Housing for All 2022 are some of the plans in place that would help in the expansion of the power utilities, manufacturing and public infrastructure verticals in the country. The cable tray market, being an ancillary industry, would thus experience a healthy growth during the forecast period owing to strengthening of these auxiliary sectors. However, the demand for metal-based cable trays might be stunted by the ever-fluctuating prices of crude steel. According to 6Wresearch , Indian Cable Tray Market revenues are projected to grow at a CAGR of 7.8% during 2018-24 . The setting up of new office spaces, hotels, healthcare faci...