India Set Top Box Market (2014-2019) | Value, Share, Companies, Analysis, Size, Industry, Outlook, Trends, Revenue, Growth & Forecast

Market Forecast by STB Type, Technology, Recording, Production Source and Region

Product Code: ETC000150 Publication Date: Aug 2023 Product Type: Report
Publisher: 6Wresearch

India Set Top Box Market Shipment Analysis

India Set Top Box Market registered a decline of -58.2% in value shipments in 2022 as compared to 2021 and a decrease of -6.77% CAGR in 2022 over a period of 2017. In Set Top Box Market India is becoming more competitive as the HHI index in 2022 was 2425 while in 2017 it was 2748. 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 Set Top Box 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 Set Top Box Market in 2022 was 3.27 while in 2017 it was 26.84. Viet Nam, Thailand, China, Other Asia, nes and Rep. of Korea were among the top players of the market in 2022, where Viet Nam acquired the largest market share of 43.25% with a shipment value of 50.02 million USD in 2022 Viet Nam also offered the product above the average market price, but remained at the leadership position indicating the trust it holds in the Set Top Box Market. In 2017 Thailand had the largest market share of 34.95% with the shipment value of 147.28 million USD. The country was offering its product with an average price which is higher than the average market price offered in the country. Although Thailand offers its product above the market average price, it remained at the leadership position indicating the brand value it holds in the India Set Top Box Market in 2017.

India Set Top Boxes Market

Set top box is an instrument or device fitted with television sets to support digital broadcasting standards. Set top box comes in two variants- standard definition and high definition. The report includes set top box market by technologies such as DVB-C, DVB-S, and others; by regions such as North, South, East, West, And North-East; by types such as standard and high definition; by features such as recorder and simple; by production source such as foreign and domestic and provides their market trend and forecast in terms of volume (‘000 units) and revenue ($ Million) from the year 2011 to 2019 with CAGR forecast from the year 2014 to 2019. Additionally, report also provides the market share of major players for all four quarters of 2013. Further, report provides market dynamics, challenges, and trends in Indian set top box market.

Markets Coverd

The report provides the detailed analysis of following market segments:

  • By Type (Video Quality) - Standard Definition and High Definition
  • By Technology - DVB-C, DVB-S and others
  • By Region - North, South, East, West, and North East India
  • Feature - Simple, Recorder
  • Production Source - Foreign, Domestic
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