Dublin, Dec. 20, 2018 (GLOBE NEWSWIRE) -- The "Indian Mobile Components Manufacturing and Assembly Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2018-2023" report has been added to ResearchAndMarkets.com's offering.
The Indian mobile components manufacturing and assembly market was worth US$ 20.7 Billion in 2017 and is projected to reach a value of US$ 62.8 Billion by 2023, at a CAGR of 19.9% during 2018-2023.
Indian Mobile Components Manufacturing and Assembly Market Trends:
India is currently the second-largest manufacturer for mobile phones in the world, on account of rapid internet penetration, mounting disposable incomes and a large base of tech-savvy consumers. The large and growing demand for mobile phones has led to the rapid development of the domestic manufacturing and assembly units in India.
While the launch of feature phones during the last decade of the 20th century established strong penetration, introduction of smartphones stimulated the market further. Driven by the growth in Internet services, smartphones found high penetration among the urban/Internet savvy population, thereby driving the demand for mobile phone components.
India's demographic profile has experienced a characteristic evolution, which is highly favorable to the mobile phone adoption. Factors such as a large young population, strong working-age population, rising number of working women, and the growth of the Indian middle class have evolved to represent the most influential segments of the population generating new social, technological, and economic trends.
India has a large pool of unskilled, semi-skilled and skilled labor in the major manufacturing states. The easy availability and low cost of labor has encouraged investors to enter the Indian smartphone manufacturing industry.
Continuous technological advancements are pushing mobile phone manufacturers to shorten the product lifecycle and launch new products frequently, for both first-time and replacement consumers. This is fueling the demand for basic mobile phone components such as PCB (Printed Circuit Board), connectors, plastics, metals and acoustics.
Due to the favorable business initiatives by the government, India is expected to witness swift inflow of foreign investments in the next few years. For instance, Samsung has recently inaugurated world's largest mobile phone factory in Noida, Uttar Pradesh, giving huge boost to the mobile phone manufacturing industry in the country. Apart from Samsung, several other Chinese phone manufacturers are expected to expand their manufacturing capacity or set up a new plant in the country during the forecast period.
Although most of the mobile phone manufacturers in India are involved in assembly applications, the growing number of favorable governments schemes are prompting the manufacturers to invest in local value addition and indigenous research.
Key Topics Covered:
1 Preface
2 Scope and Methodology
2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
2.4 Market Estimation
2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
4.1 Overview
4.2 Key Industry Trends
5 Global Mobile Component Manufacturing and Assembly Market
5.1 Market Overview
5.2 Market Performance
5.2.1 Volume Trends
5.2.2 Value Trends
5.3 Market Breakup by Mobile Type
5.4 Market Breakup by Region
5.6 Market Breakup by Key Players
5.7 Market Forecast
6 Indian Mobile Components Manufacturing and Assembly Market
6.1 Market Overview
6.2 Market Performance
6.2.1 Volume Trends
6.2.2 Value Trends
6.3 Price Trends
6.3.1 Key Price Structure
6.3.2 Current and Historical Price Trends
6.3.3 Price Forecast
6.4 Market Breakup by Assembly vs Domestic Manufacturing
6.5 Market Breakup by Mobile Type
6.6 Market Breakup by Mobile Components
6.7 Market Breakup by States
6.8 Market Forecast
6.9 SWOT Analysis
6.9.1 Strengths
6.9.2 Weaknesses
6.9.3 Opportunities
6.9.4 Threats
6.10 Value Chain Analysis
6.10.1 Overview
6.10.2 Research & Development
6.10.3 Design Services
6.10.4 Sourcing & Fabrication
6.10.5 Manufacture/System Assembly
6.10.6 Configuration & Testing
6.10.7 Distribution
6.10.8 Marketing & Sales
6.10.9 Post-Sale Services
6.11 Porter's Five Forces Analysis
6.11.1 Overview
6.11.2 Bargaining Power of Buyers
6.11.3 Bargaining Power of Suppliers
6.11.4 Degree of Rivalry
6.11.5 Threat of New Entrants
6.11.6 Threat of Substitutes
6.12 Government Initiatives
7 Market Breakup by Mobile Component
7.1 Main Board and Sensor Flex
7.2 Display/Touchscreen
7.3 Camera (Primary/Secondary)
7.4 Battery Pack
7.5 Others (Non-Electronics Parts, Accessories, etc.)
8 Market Breakup by Domestic Manufacturing vs Assembly
8.1 Assembly
8.2 Domestic Manufacturing
9 Market Breakup by Mobile Type
9.1 Smartphones
9.2 Feature Phones
9.3 Other Phones
10 Competitive Landscape
10.1 Competitive Structure
10.2 Key Players
11 Mobile Manufacturing Process
11.1 Product Overview
11.2 Detailed Process Flow
11.3 Manufacturing Process
12 Profile of Key Players
12.1 Samsung Electronics Co. Ltd.
12.2 Xiaomi Corporation
12.3 Lenovo Group Ltd.
12.4 Micromax Informatics Limited
12.5 Oppo Guangdong Mobile Communications Co. Ltd.
12.6 Vivo Mobile Communications Co. Ltd.
12.7 Lava International Limited
12.8 Karbonn Mobiles
12.9 Intex Technologies
For more information about this report visit https://www.researchandmarkets.com/research/brz429/indian_mobile?w=12
Research and Markets also offers Custom Research services providing focused, comprehensive and tailored research.