Growing Preferences for Sensor Enabled Products and Product Affordability due to Easy Finance Availability has Pushed the Demand for Large Appliances in India: Ken Research

• Though the manufacturers are witnessing increasingly demanding customers and intensely competitive rivals, more investments in the sector are likely to flow in and the share of organized sector will also grow rapidly
• Market share of front loading washing machine, multi-door refrigerator, inverter type air conditioner and 4K smart television will become the future for large appliances in India.
• Make in India initiative to support domestic manufacturing is anticipated to enhance the companies to setup their manufacturing base in Indian market. This will reduce the dependency on imports that will certainly drive down the costs.

Ken Research announced its latest publication on “India Large Appliances Market Outlook to 2020- Make in Initiatives to Reduce Imports and Growing Demand for Sensor Enabled Products to Drive Demand” provides a comprehensive analysis of large appliances market in India including revenue from domestic sale in television, washing machine, air conditioner and refrigerator. Market was also estimated based on volume sales in each category. Market is segmented based on product type and sub segmented based on their essential features and price range along with distribution channel. The report also covers the snapshot of logistics, competitive landscape of major players in India large appliances market and export and import scenario. The report concludes with market projections for future and analyst recommendation highlighting the major opportunities and cautions.

Indian large appliances industry has become one of the fastest growing sectors, primarily driven by growing Indian economy. With sound growth in disposable income and the development of product technology, the demand for the diverse consumer durable goods are growing. With GST constitutional amendment bill passed by the Rajya Sabha followed by some state legislatures, the government hopes that it would be able to implement GST from April 2017. GST will be beneficial to the consumer durable industry as the companies currently pay tax in the range of 20-25% currently which is likely to come down. The GST regime will also reduce the price differential between the organized and unorganized players. Further logistics and inventory handling costs for the companies is also expected to decline. All this would lead to lower prices for the end consumer and thereby resulting in higher demand for the companies.

Washing machines in India is largely an urban phenomenon. Urban houses are nicely structured with necessary plumbing and have clean water available, unlike rural homes where hand washing is still commonplace. Improving sanitation facilities in rural areas and availability of lower priced models especially for rural population will be the key catalyst for the growth of washing machines in India.

The frost free refrigerator market of India is gaining massive popularity and momentum over traditional refrigerator models. There is a rising trend for double door refrigerator which starts from 200 liter capacity to maximum 500 liters. The demand for refrigerator in India is mainly driven from urban areas and will continue to be demanded from these regions only.

Presently for air conditioners, the northern region accounts for the largest share of the air conditioners market in India, followed by the southern region. The country is also emerging as a major production hub for the SAARC region with all major global players’ production facilities base in India. This region will continue to experience an increasing demand for air conditioners in India.

According to Research Analyst, the companies should setup their independent recycling plants, which can be utilized in a better way. Moreover, at the time of product sales, the company can use replacement as a tool for product promotion in which they can introduce a flat discount if the customer comes to replace the product after a specified period of time. If it would incur a large cost to setup independent recycling plants, two or three companies can join together to setup their plant which will also lead to economies of scale.  
Key Topics Covered in the Report

•  Executive Summary
• Research Methodology
• India Large Appliances Market Genesis & Current Outlook
• Logistics Handling for Large Appliances in India
• Export and Import Scenario of Large Appliances in India
• Snapshot of Online Sales for Large Appliances in India
• Government Initiatives in India Large Appliances Market
• Trends and Developments in India Large Appliances Market
• Competition Scenario in India Large Appliances Market
• Market Share of Major Players in India Large Appliances Market, 2015
• Competitive Landscape of Major Players in India Large Appliances Market
• Competitive Landscape for Emerging Players in India Large Appliances Market
• India Large Appliances Future Outlook and Projections, 2016-2020

Key Products in the Report

Television, Washing Machine, Refrigerator, Air Conditioner

Key Market Players in the Report

Samsung, LG, Voltas, Whirlpool, Videocon, Micromax, VU Technologies

For more information about the publication, refer to the link below:

https://www.kenresearch.com/consumer-products-and-retail/consumer-electronics/india-large-appliances-market/66043-95.html

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 Contact Us:
Ken Research
Ankur Gupta, Head Marketing & Communications
Ankur@kenresearch.com
+91-9015378249

Rapid Adoption of Internet Creating Opportunities in ICT Sector in Mexico: Ken Research

Ken research announced recent publication on “ICT investment trends in Mexico; Enterprise ICT spending patterns through to the end of 2017,” which offers insights on the comprehensive overview of the Mexican ICT industry and impact of economy. The report also discusses ICT budget expenditure including hardware, software, IT services, telecommunications, and consulting. There is a detailed discussion on Application of ICT in technologies such as IoT, cloud computing, business intelligence, and mobility management. Report analyses allocation across the core elements of IT spend, including hardware, software, services, communications, and consulting. There is an analysis on demand of major applications of ICT in Mexican enterprises.

Mexican economy is showcasing positive growth outlook with a focus on technological developments and on the move to become rapidly growing technology hub in Latin American region. This move is attracting many foreign players to invest in the ICT sector in the country in various domains.

Telecommunication sector is generating great results in the country with high adoption rate of wireless communication devices. Technological development and adoption both are high in the country. According to the Mexican Federal Commission of Telecommunications the telecommunication sector recorded 21% growth in 2003 and same has been continued.

Business Opportunities In ICT sector in Mexico

-          Demand for IT equipments for SMEs

-          VoIP and servers

-          Demand for entertainment products such as MP3 players, mobile phones, PDAs

Key Companies Discussed in the Report:

-          Microsoft

-          Cisco

-          IBM

-          Google

-          AT&T

-          Adobe

-          HP

-          EMC

-          Oracle

-          Aruba

-          Dell

Topics covered in the Report

·         Global ICT Industry

·         Latin America ICT Market

·         Mexico ICT market Outlook

·         Mexico ICT trends

·         Cloud Computing Trends Mexico

·         Mobile Phone subscribers Mexico

·         Broadband connection Mexico

·         Mexico IT budget Allocation

·         Mexico cloud computing budget allocation

·         Mexico ICT budget allocation

To know more on the coverage, tap on the link underneath:

https://www.kenresearch.com/technology-and-telecom/it-and-ites/ict-investment-trends-in-mexico-spending-patterns-2017/53764-105.html

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Contact:

Ken Research
Ankur Gupta, Head Marketing & Communications
query@kenresearch.com
+91-124-4230204

Cost of Operations to upsurge the ICT Budget in Italy: Ken research

• Italian economy showed great signs of possible economic turnaround in the early 2016.
• Italian enterprises are investing in business intelligence (BI) to derive knowledge from the growing volume of unstructured data, enabling the top management to deliver strategic decisions.
• Enterprises look to retain customers and expand the involvement of vendors to improve their supply chain management.

Ken research announced its recent production on “ICT investment trends in Italy; Enterprise ICT spending patterns through to the end of 2017,” offers insights on  ICT budgets across the core segments of enterprise ICT expenditure such as hardware, software, IT services, communications, and consulting. The report delineates the core technologies that enterprises are putting resources into, including business intelligence, portability management, green IT & virtualization, and web of things. The study of 105 Italian enterprises highlights the way to deal with acquiring technology embraced by endeavours in Italy. The report aims to offer a superior understanding to ICT vendors and service suppliers when contributing their solutions to enterprises in Italy. Moreover the publication provides an in-depth analysis of the Italian enterprises investment priorities, new budget plans, outsourced ICT functions, factors affecting such decisions. This report offers an overview of the changes in customers' priorities and the current strategic objectives of Italian enterprises which will further help every individual from regional to foreign to realign their strategies.

Italy is the 3rd-largest national economy in the Euro Zone, the 8th-largest by nominal GDP on the planet, and the 12th-largest by GDP. The country is one of the founding members of the European Union. Its closest trade ties are with the other countries of the European Union. It is one of the world's most industrialized regions, and a leading country in world trade and exports. The country enjoys a very high standard of living, according to the Human Development Index, moreover, it has the world's 8th highest quality of life according to The Economist.

Despite the above important achievements, the nation's economy today suffers from structural and non-structural problems. After strong GDP growth in 1945–1990, the last two decades' average annual growth rates lacked below the EU average; moreover, Italy was hit particularly hard by the recession of late-2000s. The stagnation in economic growth, and the political efforts to rejuvenate it with massive government spending from the 1980s onwards, eventually manufactured a major rise in public debt. After fighting a delayed recession, Italian economy showed some signs of possible monetary turnaround in the mid 2016 permitting the associations to consider expanding the investment relating to information and communication technology.

As indicated by the overview, Italian endeavors are putting resources into business Intelligence (BI) to get bits of knowledge from the developing volume of unstructured information, empowering the top management to deliver strategic decisions. All this while, analytics and information warehousing are the most noticeable BI devices that are gaining expanded consideration from Italian enterprises. The business objectives of 'increase customer satisfaction' and 'enhance supplier intimacy' are gaining more prominent consideration from Italian undertakings as they want to retain clients and enhance the involvement of sellers to enhance their supply chain management.

To know more on the coverage, tap on the link underneath:

https://www.kenresearch.com/technology-and-telecom/it-and-ites/ict-investment-trends-in-italy-spending-patterns-2017/53767-105.html

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Ken Research 
Ankur Gupta, Head Marketing & Communications
query@kenresearch.com
+91-124-4230204

Rise in Demand for Smart Appliances, and Replacement of Old Appliances will be Major Growth Driver for Demand of Large Appliances in Japan: Ken Research

·         Large appliances market is expected to decline further or remain stagnant in terms of volume after registering a decline in 2015.

·         Front loading washing machine, multi-door refrigerator, inverter type air conditioner and 4K and 8K smart television will lead the demand for large appliances in Japan Market.

·         Customer willingness to pay premium for quality products will help the domestic players to dominate the market. Products which can be sold at higher prices are high in demand increasing the operating margin.

·         Replacement Demand of old machine will continue to be the dominant reason for driving the sales of large appliances.

Ken Research announced its latest publication on “Japan Large Appliances Market Outlook to 2020- Growing Preferences for Technologically Innovated Products and Robust Replacement Demand to Shape Future” provides a comprehensive analysis of large appliances market in Japan. The report focuses on overall market size for sale of large appliances. These include revenue from domestic sale in television, washing machine, air conditioner and refrigerator. Market was also estimated based on volume sales in each category. Market is segmented based on product type and sub segmented based on their essential features along with distribution channel. The report also covers the competitive landscape of major players in Japan large appliances market, export and import scenario. The report concludes with market projections for future and analyst recommendation highlighting the major opportunities and cautions.

Large Appliances market in Japan is shrinking in terms of volume and is expected to shrink further in the coming years. Some of the major large appliances in Japan have registered negative or stagnant outlook about sales in Japan in terms of volume. High rate of product innovation, their demand and consumer’s willingness to pay for a premium will drive the large appliances market in Japan in terms of value. Large appliances market in Japan is still dominated by domestic brands which have refrained from price war as on September 2016. However, many Chinese and Korean firms are targeting the Japanese market owing to its potential to sell high end technologically advanced products which have higher profit margin.

Growth in demand will be mainly from replacement of old products. As demand in residential real estate picks up, demand for large appliances will also increase simultaneously. Improvement in quality, energy saving appliances, smart home technology and changing consumer preferences will drive the sale in future.

According to Research Analyst at Ken Research, “People willingness to pay the premium for high end products will help to drive the market. New products with value added features or new technology can be sold at higher operating margin. Continuous innovation is necessary to keep margins high and retain brand loyalty”.

Key Topics Covered in the Report

§  Japan Large Appliances Market Genesis & Current Outlook.

§  Japan large appliances market size by volume and revenue.

§  Japan Large Appliances Market Segmentation by Product Category, Japan television market segmentation by screen size, Japan air conditioner market by type, Japan large appliances market segmentation by type of distribution channel.

§   Export and import scenario.

§  Market share of major players in Japan large appliances market.

§  Competitive landscape of major players.

§  Future outlook and projections and recommendation.

·         LG Sales Television

·         Television Sales Household Japan

·         Residential AC Market in Japan

·         Japan Online Electronics Sales

·         Online Trends Large Appliances

·         Household Appliances Market in Japan

·         Japan Air Conditioner Sales

·         Washing Machine Revenue Statistics

·         Japan Television Market

·         Japan Large Appliances Market

·         Japan Washing Machine Industry

·         Market Share Daikin Air Conditioner

Key Products in the Report

·         Television, Washing Machine, Refrigerator, Air Conditioner

Key Market Players in the Report

Panasonic, Hitachi, Sharp, Sony, Toshiba, Daikin, Mitsubishi, LG, Electrolux, Haier, Midea group

For more information about the report, refer to below link:

https://www.kenresearch.com/consumer-products-and-retail/consumer-electronics/japan-large-appliances-market/65830-95.html

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Contact Us:
Ken Research
Ankur Gupta, Head Marketing & Communications
Ankur@kenresearch.com
+91-9015378249

Philippines Economy to Elevate the Future of Retailing: Ken Research

• Major retailers acquired a large number of small and single propriety businesses.
• Philippines have become one of the bright spots within the Asia Pacific Region among foreign or global brands.
• Food and grocery retailers are the largest category group in 2015 and continue to dominate the country’s retail landscape.
• Online channel is anticipated to grow the fastest in the forecast period.

Ken research announced its publication on “The Future of Retailing in the Philippines to 2020; Comprehensive data overview of the market, with retail sales value and forecasts to 2020,” which offers insights on the changing trends and key issues inside the Philippines Retail market. The production incorporates a shrewd investigation of the most recent trends in retail consumer shopping, covering the components driving retail shopping, customer insights, market trends and reviews of the most recent best practice in retail site design. In addition, it has comprehensive knowledge on fastest growing product categories and also on the key international and domestic players operating in the Polish retail market-including store counts and revenue. Retail sales and fastest-growing product categories have covered 26 product categories across 9 product groups such as footwear, clothing, books, news and stationary, electrical and electronics, food, health and beauty, furniture, sports and leisure equipments. The report further covers the overall retail sales of products through four channel groups including 17 individual channels such as Hypermarkets, supermarkets and hard-discounters; gardening supplies retailers; Food and drinks specialists; Online; Convenience Stores. This report will guide to explore the Performance of individual product categories, across significant channels from 2010, with forecasts until 2020-pinpoint the fastest growing categories in a market witnessing robust growth.

Retailing in the Philippines is anticipated to significantly develop alongside the continued improvement in the economy over the forecast period. The increasing disposable income of Filipinos will encourage further purchases of products within grocery and non-grocery categories. The noteworthy development in the private segment, which incorporates numerous organizations working under retailing, kept on boosting the nation's economy. Likewise, settlements from abroad Filipino workers, maintained development of the business procedure outsourcing (BPO) industry, and the lower inflation rate brought about expanded purchasing power that urged customers to purchase more frequently than expected. Because of this, retailers, particularly major ones, chose to further grow their outlets so as to deliver the requirements of a more extensive audience.

During significant development in terms of revenues was evident in both grocery and non-grocery retailing, there grocery retailers continued to possess a greater impact on the country’s retailing landscape, majorly because it offers products which are generic and essential to most consumers. The continued growth of the channel further elevated retailers to develop their current product line in order to deliver the growing and evolving needs of Filipino consumers regarding food, beauty and personal care, and home care. The review period witnessed the acquisition of single-propriety businesses concentrating on groceries, electronics and appliances by key retailers such as SM Retail Inc, Robinsons Retail Group and Puregold Price Club Inc. This specific step was carried out in order to cut down, if not eliminate competition with smaller endeavours, especially in areas where their presence is not yet felt.

To know more on the coverage, tap on the link underneath:

https://www.kenresearch.com/consumer-products-and-retail/wholesale-and-retail/future-retailing-philippines/40163-95.html

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Ken Research 
Ankur Gupta, Head Marketing & Communications
query@kenresearch.com
+91-124-4230204

The UAE Telecommunications Market Driven by Mobile data & Broadband: Ken Research

• 4G will replace 3G as the largest adopted technology by 2019 as appetite for faster speeds and additional content expands.
• The top two operators, Du and Etisalat, will account for 97.5% of the telecom market in UAE.
• The telecommunications market in the UAE is expected to grow at a CAGR of 3.7% over 2016-2021, driven by the growth in the fixed and mobile data segments. 
• UAE industry incorporates banking, tourism, business and real estate majorly.

Ken research declared its production on “UAE: Operator Investments in Fiber, 4G and 5G Technologies to Support Data Revenue Growth” which offers insights on an executive-level overview of the telecommunications market in the UAE today, with detailed forecasts of significant indicators up to 2021. The report offers an in-depth analysis of the near-term opportunities, competitive dynamics and evolution of demand by service type and technology across the fixed telephony, broadband, mobile and pay-TV sectors, along with review of significant regulatory trends. Moreover it provides with a shrewd investigation on economic, demographic and political aspects in the UAE along with regulatory structure and objective for the next 18-24 months as well as relevant developments pertaining to spectrum licensing, national broadband plans, number portability and more. The production focuses on the historical figures and forecasts of service revenue from the fixed telephony, broadband, mobile voice, mobile data and pay-TV markets.

The economy of the United Arab Emirates is the second largest in the Arab region after Saudi Arabia, with a gross domestic product of USD 570 billion in 2014. The United Arab Emirates has been succeeding in diversifying its economy.  Tourism has been one of the main sources of revenue in the UAE, with some of the world's most sumptuous hotels being based in the UAE. A massive construction boom, an expanding manufacturing base, and a large service sector are helping the UAE diversify its economy. Globally, there is currently USD 350 billion worth of active construction projects.

International Monetary Fund (IMF) anticipated that UAE's financial growth would increment to 4.5% in 2015, contrasted with 4.3% in 2014. The IMF ascribed UAE’s possibly strong economic development in World Economic Outlook Report to the expanded commitment of non-petroleum divisions, which enrolled a growth average of more than 6% in 2014 and 2015. Such commitment incorporates banking, tourism, business and real estate. Increment of Emirati buying power and governmental expenditures in infrastructure ventures have extensively expanded. Universally, UAE is positioned among the top 20 for worldwide service business, as indicated by AT Kearney, the top 30 on the WEF "most-organized nations" and in the top quarter as a least corrupt nation as per the TI's corruption index

The telecommunications market in the UAE is anticipated to grow at a CAGR of 3.7% over 2016-2021, driven by the development in the fixed and mobile data fragments. Mobile data and fixed broadband revenue will develop, attributable to the expanding reception of 4G systems and fiber-optic technology. Fixed VoIP will be the quickest developing portion supported by the developing reception of triple-play services. Services ought to concentrate on further differentiating their administration portfolios by offering multiplay services to the private fragment and focusing on M2M to business clients.

To know more on the coverage, tap on the link underneath:

https://www.kenresearch.com/technology-and-telecom/telecommunications-and-networking/uae-operator-investments-fiber/58925-105.html

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Contact:

Ken Research 
Ankur Gupta, Head Marketing & Communications
query@kenresearch.com
+91-124-4230204