Chapter 1: Executive summary

Chapter 2: Socio-economic indicators

Chapter 3: Introduction

• 3.1. Market definition and structure
• 3.2. Indian television industry – overview
  • 3.2.1. TV owning individuals
  • 3.2.2. TV viewing hours per viewer
  • 3.2.3. TV penetration in India
  • 3.2.4. Rural television penetration
  • 3.2.5. Urban television penetration
  • 3.2.6. Top television penetrated states

Chapter 4: Market overview

• 4.1. Market Overview
  • 4.1.1. Market size and growth forecast – based on value
  • 4.1.2. Market size and growth forecast – based on volume
• 4.2. Indian television market segmentation
  • 4.2.1. Smart and non-smart television split
  • 4.2.2. Smart TV segments – based on screen display size
  • 4.2.3. Smart TV segments – based on price

Chapter 5: Trade analysis

• 5.1. Export

-Value-wise

-Volume-wise

-Country-wise

• 5.2 Import

-Value-wise

-Volume-wise

-Country-wise

Chapter 6: Market trend

• 6.1. Recent trends in the market

Chapter 7: Market influencers

• 7.1. Growth drivers of the market
• 7.2. Deterrents to the growth of the market

Chapter 8: Competitive landscape

• 8.1. Market share of top players
• 8.2. Benchmarking – Top 4 players
• 8.3. BPL Limited

– Company information

– Business description

– Products/services

– Key people

– Financial snapshot

– Key ratios

– Key financial performance indicators

– Key business segments

– Key geographical segments

Note: Similar information covered for all other public companies. Private companies' data given on best effort basis.

• 8.4. Intex Technologies (India) Limited
• 8.5. Hitachi India Private Limited
• 8.6. LG Electronics India Private Limited
• 8.7. Panasonic India Private Limited
• 8.8. Philips India Limited
• 8.9. Samsung Electronics India Private Limited
• 8.10. Sony India Private Limited
• 8.11. TCL India
• 8.12. Xiaomi Technology India Private Limited

Chapter 9: Recent developments

• 9.1. Recent developments in the market

Chapter 10: Appendix

• 10.1. Research methodology
• 10.2. About Netscribes

Television is one of the fastest-growing consumer durable goods in India, this can be witnessed from the fact that the total number of homes in the country grew only by ~4.5% during 2017-2018 period whereas the television market witnessed ~7.5% growth during the same period. The rapid penetration of television in Indian households can be attributed to reduced cost of production and increased consumer affordability. Over the years, the television industry has adopted fast-evolving technologies to introduce innovations like foldable TV and virtual voice assistant-enabled TV.

Market insights:
The Indian television market comprises of the television sets incorporated with light-emitting diode (LED), liquid crystal display (LCD), high definition (HD), and ultra-high definition (UHD) technologies. The flat panel television (LED, LCD, HD, and UHD) market in India was valued at INR 690.16 Bn in FY 2018 and is expected to reach INR 1,238.33 Bn by FY 2024, expanding at a compound annual growth rate (CAGR) of ~9.25% during the FY 2019-FY 2024 period.
The reduction of import duty on open cell LED TV panels from 5% to 0% has led to the fall the cost of the overall television sets in the country. Moreover, the industry is witnessing a shift in consumer preferences towards flat panel televisions, with a spurt in its demand, from the traditional CRT displays. However, the adoption of substitute devices like laptops and mobile phones, coupled with a fall in profitability is impeding the growth of flat panel television market in India.

Segmentation insights:
The flat panel television market can be segmented into smart TV and non-smart TV. The smart TV segment accounts for a significant share of more than 70% of the overall television market. Foreign players like Xiaomi, OnePlus and Motorola have disrupted the smart TV segment in India with the launch of its range of affordable products. Domestic players are rapidly reducing prices to deal with the fierce competition in the industry. Xiaomi is one of the important players in the smart TV segment with a share of ~29.50%, followed by LG, Samsung and Sony.
In terms of display size, television sets between 32 inches and 43 inches account for the most notable percentage of sales since they are affordable to the masses. Further, as goods and services tax (GST) rates were reduced, prices of television sets went down.

Competition analysis:
The Indian television market is highly competitive and is dominated by significant players like Samsung, LG and Sony, and they collectively constitute a substantial share of the market. Nevertheless, foreign players like Xiaomi, Realme and OnePlus are flourishing and have captured a considerable share in a short span, owing to their affordable products with a wide variety of features. Moreover, the online sale of television sets has increased considerably in the past few years, posing a threat to conventional sales channels.

Companies covered:
• BPL Limited
• Intex Technologies (India) Limited
• Hitachi India Private Limited
• LG Electronics India Private Limited
• Panasonic India Private Limited
• Philips India Limited
• Samsung Electronics India Private Limited
• Sony India Private Limited
• TCL India
• Xiaomi Technology India Private Limited