Jun 7 2010
Research and Markets has released a new report called the ‘India LCD TV Market-Growth Opportunities’.
Rapid economic growth has revolutionized the Indian electronic industry. Among the range of electronic products, television remains the most popular product among consumers. India is rapidly emerging as a key player both as a consumer and as a manufacturer. This trend is set to drive the global TV industry.
Recently, the Indian TV industry has witnessed a rapid shift in trend from the standard Cathode Ray Tube (CRT) technology to the Liquid Crystal Display (LCD) technology. According to the report, over the last two years the cost of liquid crystal display technology has reduced by 30%. Such reduced prices have contributed to the increased sales of LCD televisions across India.
The research report covers a number of key topics such as LCD television market overview, Indian TV industry, growth drivers, brands, prices, financing schemes, competitive landscape, rural India and changing consumer behavior. The report mentions a number of television companies such as Videocon, Sony, LG and Samsung.