The Electricals segment in India registered Market value of USD 91,479.15 Millions in 2023
The indicator recorded a historical growth (CAGR) of 11% between 2020 to 2023, and is expected to grow by...
GlobalData projects the indicator to grow at a CAGR of...
Electrical & Electronics Retail in India
The electrical and electronics retail market is comprised of the sales of communications equipment, computer hardware and software, consumer electronics, household appliances, and photographic equipment. Communications equipment includes retail sales only of answer machines, fax machines, fixed-line telephones, mobile phone accessories and mobile phones.
Consumer electronics includes retail sales of CD players, DVD players and recorders, hi-fi systems, home theatres, in-car entertainment systems, portable digital radios, radios, televisions and video recorders, home use and portable games consoles.
The Indian electrical and electronics retail market has grown due to low penetration rates for consumer durables and increasing sales taxes have yet to significantly dent the market. Growth will decelerate, although continue to be strong toward 2022.
Category segmentation
Communications equipment is the largest segment of the electrical & electronics retail market in India, accounting for the largest share of the market's total value.
The computer hardware & software segment accounts for a further the second-largest share of the market.
Geography segmentation
India accounts for a significant share of the Asia-Pacific electrical & electronics retail market value.
China accounts for the largest share of the Asia-Pacific market.
Market distribution
Electrical and Electronics Specialists form the leading distribution channel in the Indian electrical & electronics retail market, accounting for a majority share of the total market's value.
Online Pureplay accounts for a further second-largest share of the market.
Leading companies
Infiniti Retail Limited (Croma)
Croma is a large format, India-based retailer of consumer electronics and household appliances. It is operated by Infiniti Retail, a wholly owned subsidiary of Tata Sons.
Flipkart Online Services Pvt Ltd
Flipkart Online Services Pvt Ltd (Flipkart) is an owner and operator of an online shopping portal. The company offers electronics, mobile phones, gaming accessories, consoles, mobile phones and accessories. It provides cameras, computers and accessories, network equipment, footwear, peripherals, music and entertainment products, kitchen and home appliances.
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