Overview:
India’s TWS market shipments registered 85% YoY growth in 2022, according to the latest research from Counterpoint’s IoT service. Increasing local manufacturing helped drive the shipments, apart from timely sales events, frequent affordable offerings, and entry of new players. Domestic manufacturing captured a 30% shipment share in 2022, compared to just 2% in 2021. The average selling price dropped by 20% YoY in 2022. Indian brands reached their highest-ever share of 80%. In this report, we have analyzed this market in detail covering brands strategy, price band analysis, market drivers along with forecast.
Table of Contents:
- Market Overview and TAM (Q1 2021 – Q4 2022)
- Top 10 Brand’s market share (Q4 2021 – Q4 2022)
- New Entrants (Q3 2022 – Q4 2022)
- Price Band Analysis (Q4 2021 – Q4 2022)
- Brand Share by Retail Price Band (Q4 2021 – Q4 2022)
- Best Selling Models – Top 10 (Q4 2021 – Q4 2022)
- Average Selling Price Trends (Q4 2021 – Q4 2022)
- Update on Domestic Manufacturing
- Forecast till 2025
Number of Pages: 14
Published Date: March 2023