India PC Monitor Market Tracker, CY Q4'2013
|Product Code: ETC000155||Publication Date: Aug 2023||Product Type: Report|
|Publisher: 6Wresearch||No. of Pages: 01||No. of Figures: 01||No. of Tables: 01|
India PC Monitor Market registered a growth of 37.08% in value shipments in 2022 as compared to 2021 and an increase of 8.14% CAGR in 2022 over a period of 2017. In PC Monitor Market India is becoming more competitive as the HHI index in 2022 was 5643 while in 2017 it was 8166. Herfindahl Index measures the competitiveness of exporting countries. The range lies from 0 to 10000, where a lower index number represents a larger number of players or exporting countries in the market while a large index number means less numbers of players or countries exporting in the market. India has reportedly relied more on imports to meet its growing demand in PC Monitor Market.
India is shifting towards local production to meet its demand as we see the trend is shifting towards reducing imports. The import factor of PC Monitor Market in 2022 was 49.37 while in 2017 it was 243.22. China, Other Asia, nes, Malaysia, China, Hong Kong SAR and Singapore were among the top players of the market in 2022, where China acquired the largest market share of 74.3% with a shipment value of 459.95 million USD in 2022 China also offered the product below the average market price thus having a competitive advantage over others In 2017 China had the largest market share of 90.26% with the shipment value of 254.93 million USD. The country was offering its product with an average price which is lower than the average market price offered in the country. As China price is lower than the average price, it provided a significant edge among other competitor in 2017.
With growing enterprise and SMB segments, the demand for PC monitor is increasing in Indian market. Though, Indian market is not growing as per the expectation of the vendors, but is still out performing several developed economies. According to 6Wresearch, India PC Monitor Market shipments reached 0.85 million units in CY Q4 2013. Amongst all players, Acer led the market followed by HP and Samsung. The dominance of Acer was on account of its growing 18.5 inch PC monitor market. In CY Q4 2013, PC monitors with 18.5 inch display captured major share of pie, contributing for 39% of the total shipments.
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6Wresearch publishes monthly/quarterly/annual shipments data of PC monitor market in India. The publication would enable the player to enter or devise strategies to expand its presence in India PC monitor market by monitoring the shipments data by various types and specifications on a regular basis. This would also allow Companies to track their competitors' performance on a periodical basis.