The period January to November 2009 has seen a robust growth in consumer electronics in India as per data released by ORG-GFK. This was particularly so in the case of high value products.
The figures for the period Jan to Nov09 are
LCD TVs sales grew 93% to 10 Lac Units
Washing Machines sales grew 14% to 24 lac units
Refrigerators sales grew 16.5% to 50 Lac units.
70% sales of consumer electronics came from large cities.
Leading players have shown handsome growth - Samsung at 25% and LG at 30%.
Withing refrigerators, the Direct Cool Refrigerators showed a whopping growth of 21% and sales to 36 Lac units . The premium frost free refrigerators however grew 7.4% to 14.5 lac units.
On an overall basis however the growth in Televisions was only 5% to 1.17 crore units
Monday, January 25, 2010
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Ofcourse! There is a rapid growth in the usage of Consumer electronics as it makes the life so simple, interesting and also it entertain us. In short the consumer electronic segment is now a complete and a highly competitive market.
ReplyDeleteTo conclude, change and advancements have became the only constant in the consumer electronic market.
Consumer Electronics
A world without Electronics is no less than being a handicapped. Every generation needs electronic products to foster the lifestyle of the people belonging to any particular generation. The leading consumer electronics manufacturing industries are providing several entertainment and communication gadgets for the consumers. Today, with the advent of innovations various electronic products have entered the market with empowered technology. These are known to bring a huge transformation in the industry on a continuous basis while both technology and electronics are running parallel to each other.
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