Analysis of the simulator market in India
The relevance of research
A wide range of various technical means is used to train athletes and simply to improve the health of the population. They consist of sports equipment and a variety of training devices.
Purpose of the study
Analysis of the state of the simulator market in India, assessment of the market size, analysis of competitors, as well as identification of factors affecting the market of simulators
Content
Part 1. Overview of the Indian market for simulators
1.1. Main characteristics of the market
1.2. Dynamics of the market volume of simulators 2016-2020 Potential market capacity
1.3. Assessment of factors affecting the market
1.4. Life cycle stage of the simulator market
1.5. Competition from substitute products
Part 2. Competitive analysis in the simulator market
2.1. Major players in the market
2.2. Market shares of the largest manufacturers
2.3. Profiles of major players
Part 3. Analysis of the production of simulators
3.1. Volume and dynamics of domestic production of simulators
3.2. Share of exports in the production of simulators
3.3. Segmentation of simulator production by regions
3.3.1. Production by Union Territories
3.3.2. Production by states of India
Part 4. Analysis of foreign trade supplies of simulators
4.1. Volume and dynamics of simulator imports
4.2. Import structure
4.3. The volume and dynamics of export of simulators
4.4. Export structure
Part 5. Analysis of the consumption of simulators
5.1. Dynamics of consumption of simulators
5.2. Analysis of the results of tenders for the purchase
Part 6. Price Analysis
6.1. Average producer prices by union territories
6.2. Average consumer prices by states in India
Part 7. Assessment of factors of investment attractiveness of the market
Part 8. Forecast for the development of the simulator market until 2025
Part 9. Recommendations and conclusions
Research excerpt
Part 1. Overview of the Indian market for simulators
1.1. Main characteristics of the market
If 10 years ago the number of citizens actively involved in sports was estimated at the level of …%, now it is almost …%, and in accordance with …
All this gives rise to the need for the development of sports and leisure infrastructure and, as a result, the development of production …
A simulator is a mechanical (or electrical), combined training device that imitates ...
...
It should be noted that the main volume of the Indian market of simulators is formed mainly due to the production of … production – it currently accounts for more than …%. For the period 2016-2020 the share of domestically produced simulators was …% with a trend ...
Diagram 1. The ratio of imported and domestic products in the simulator market,%
1.2. Dynamics of the market volume of simulators 2016-2020 Potential market capacity
The market volume of simulators in monetary terms during 2016-2020 ... At the end of 2020, the volume of the simulator market in India amounted to … million Rs., having increased by …% compared to 2019, and by …% compared to 2016. The main growth driver was ... Average annual growth rate in 2016-2020. …%.
In physical terms, in 2020, the volume of the simulator market in India amounted to … thousand units, which is …% higher than the level of 2019.
The actual capacity of the simulators market has reached … billion Rs. The fitness equipment market in India has… Experts in the fitness industry note the positive dynamics of the industry (except…). In Europe, the fitness market is growing by …% per year. ... With low penetration and strong prospects for the Indian fitness industry, India can be expected to be…
1.3. Assessment of factors affecting the market
Let's consider the main factors influencing the market and, accordingly, demand.
Social (demographic)
During 2012-2018 India's population shows... Population growth in 2015 was not only due to migration and natural increase, but also due to education...
In 2016-2020 there are negative values of natural increase, but despite this, the population of India …, and in 2019 the population ... Since the beginning of 2020, the population has decreased by … thousand people (for the same period in 2019 - decreased by … thousand people).
According to the forecast, for the period up to 2024, the population will increase only if the high version of the forecast is followed, however, in …
Population decline reduces...
Diagram 4. Population forecast in India for the period 2021-2024, million people
...
Economic
...
technological
...
Political
...
Table 3. STEP analysis of factors influencing the simulator market
1.4. Life cycle stage of the simulator market
...
1.5. Competition from substitute products
...
Part 2. Competitive analysis in the simulator market
2.1. Major players in the market
At present, the exercise equipment market in India is represented to a greater extent by ... goods. The main players in the market include such brands as ..., such as: ... At the same time, about ... domestic companies engaged in the production of this equipment in India operate on the simulator market in India. The major domestic manufacturers of exercise equipment in India include..
2.2. Market shares of the largest manufacturers
The biggest players in the fitness equipment market in India are both Indian and overseas companies. TOP-10 companies occupy …% of the market. So, as of 2020, TM … is the market leader, occupying …%. TM … accounts for …% of the market. … Other Indian companies account for …%, and other imported products – …%.
Diagram 11. Shares of the largest competitors in the simulator market in 2020, %
The calculation data of the Herfindahl-Hirschman Index in the simulator industry show that this market belongs to ... markets (market concentration ...). …
2.3. Profiles of major players
""...""
...
According to the data of the Federal Customs Service, the main recipients of imported goods are such companies as LLC “…”, CJSC “…”, LLC “…”, …
Part 3. Analysis of the production of simulators
3.1. Volume and dynamics of domestic production of simulators
The volume of production of simulators in India in 2016-2020 ... In 2015-2016 the volume of production grew, which was associated with the growth of the dollar and the rise in the cost of imported products. In 2017, production is …%. Nevertheless, in 2018, there was an increase in production volumes by …% to the level of … thousand units. In 2019, the volume of production …
According to the main manufacturers of simulators in India, in general, the shortcomings in Indian production are quite traditional: ...
The low level of competencies of developers in the sports industry due to the lack of demand for domestic innovative developments and a high level of …
Estimating the total revenue of the market leaders is complicated by the fact that market operators provide data on revenue volumes as a whole ... In addition, most market participants do not ...
As a consequence of the peculiarity of providing data on revenue described above, the structure of revenue allows us to estimate only ...
3.2. Share of exports in the production of simulators
Until 2019, the export volume was … on the market dynamics, in 2019 the share of exports increased and became ... At the end of 2020, the share of exports in the production of simulators increased to …%.
3.3. Segmentation of simulator production by regions
3.3.1. Production by Union Territories
The largest share in the production of simulators in 2014-2016. invariably occupied … Union Territories, but in 2017 the volume of production decreased from … thousand units. up to ... units At the same time, since 2017, it has more than tripled the production of … Union Territories, up to … thousand simulators. …
3.3.2. Production by states of India
At the end of 2020, the largest volume of production of simulators was noted in … - …% of the total production of simulators in India. Slightly lower is the indicator for … – …%. …
Part 4. Analysis of foreign trade supplies of simulators
4.1. Volume and dynamics of simulator imports
Imports in the simulator market, as noted earlier, occupies …
Since 2016, there has been an upward trend in the import of simulators to India. According to the results of 2018, the import of simulators … % compared to 2017 … thousand units. At the same time, in 2019, the volume of imports of simulators in physical terms …%, and in 2020 showed …% to … thousand units. For 7 months In 2021, … thousand simulators were imported to India.
Diagram 16. The volume and dynamics of imports of simulators in physical terms, 2016-2021 (7 months), units
The dynamics of simulator imports to India in value terms is similar to imports in kind. In 2016-2018 import of simulators to India ... At the end of 2018, the volume of imports of simulators in value terms amounted to … million dollars, which is by …% higher than in 2017, and in 2019 the volume of imports was …%. In 2020, simulators worth … million dollars were imported to India. For 7 months. In 2021, the volume of imports of simulators amounted to … million dollars.
4.2. Import structure
… is the leader among importing countries, accounting for …% of imports in 2020. The share of Taiwan in the structure of imports of this product amounted to …%, … The shares of other importing countries are much smaller: ..
4.3. The volume and dynamics of export of simulators
Since 2016, the export of simulators in terms of value has steadily increased. In 2017, the export volume is …%. At the end of 2018, the export of simulators remained almost at the same level as in 2017, having increased only …% to … thousand dollars. In 2019-2020. export of simulators …% to … thousand dollars In 2020, the volume of export of simulators in value terms … than in 2016 For 7 months. In 2021, simulators were exported in the amount of … million dollars.
The dynamics of exports of simulators from India in physical terms is identical to the dynamics of exports in value terms. So during 2016-2020. export of simulators from India annually ... In 2020, ... thousand units were exported. simulators, which is … % more than in 2019 and in …
Annual export volumes in 2016-2020 did not provide...
The balance of exports and imports in the simulator market ... throughout the analyzed period. Thus, the volume of simulators, ...
… the balance of foreign trade indicates …
4.4. Export structure
The main exporting countries in 2020 were … (… %), … (…%), …
Part 5. Analysis of the consumption of simulators
5.1. Dynamics of consumption of simulators
...
5.2. Analysis of the results of tenders for the purchase
The sale of simulators to enterprises or institutions is carried out on the basis of confidential contracts, however, some operations are ...
At the same time, the organizers of procurement through a tender are mainly ...
From the beginning of August 2021, a tender was announced for the purchase of simulators worth from … thousand Rs. up to … million Rs. Most purchases (…%) involve the supply of only simulators, and …% - in one batch with other goods and services.
Table 7. Data on tenders for the purchase of simulators over 1000 thousand Rs., announced from 01.08.21/19.09.21/ to / /
Part 6. Price Analysis
6.1. Average producer prices by union territories
The average prices of manufacturers in the market of simulators in the study period remained unchanged ... At the same time, the maximum price increase was noted in ..., when the value of the indicator amounted to ...%. At the end of 2020, the price growth amounted to …%.
In this study, manufacturers' prices for the most popular types of simulators were considered.
The highest price for simulators was noted in the … federal district, where the price for the studied products is higher than the average Indian prices by …%. In … the Union Territories and … the Union Territories, the prices for simulators are below the average prices in the country – …
6.2. Average consumer prices by states in India
Consider the cost of the most popular types of simulators in the consumer market.
Part 7. Assessment of factors of investment attractiveness of the market
… factors of the investment climate of the market of simulators dominate over… A comprehensive assessment of the factors of investment attractiveness is … points – … the investment climate.
The most significant positive factors. …
The most significant negative factors. …
Part 8. Forecast for the development of the simulator market until 2025
...
If we consider the forecast values determined by the Ministry of Economic Development of India for the medium term 2021-2023, then we cannot speak of favorable conditions until 2023 for the growth of the simulator market. Only in 2023 is it expected to restore the main indicators that determine the simulator market, namely, the growth of real incomes of the population and their wages.
...
Table 14. Assessment of the impact of recent crises on the industry
Part 9. Recommendations and conclusions
...
Diagrams
Diagram 1. The ratio of imported and domestic products in the simulator market,%
Diagram 2. Dynamics of the market volume of simulators 2016 - 2020, million Rs.
Diagram 3. Dynamics of the population of India, as of January 1, 2015-2021, million people, thousand people
Diagram 4. Population forecast in India for the period 2021-2024, million people
Chart 5. Dynamics of real incomes of the population of India, 2015-2020
Chart 6. India's GDP dynamics, 2015-2021 Q2 years, % to the previous year, trillion Rs.
Chart 7. Monthly dynamics of the US dollar against the rupee, 2017-August 2021, Rs. for 1 US dollar
Chart 8. Dynamics of the inflation rate in India, 2016-2021 (7 months), %
Diagram 9. Dynamics of the average interest rate on loans to legal entities, 2014-Jan-April 2019
Figure 10. Product life cycle
Diagram 11. Shares of the largest competitors in the simulator market in 2020, %
Diagram 12. Dynamics of the volume of production of simulators in India, 2016 - 2020, thousand pieces
Diagram 13. Dynamics of the total revenue of the largest manufacturers (TOP-5) of simulators in India, 2016-2020, million Rs.
Diagram 14. The share of exports in the production of simulators,%
Diagram 15. Manufacture of simulators by states of India, %
Diagram 16. The volume and dynamics of imports of simulators in physical terms, 2016-2021 (7 months), units
Diagram 17. The volume and dynamics of imports of simulators in monetary terms, 2016-2021 (7 months), thousand dollars
Diagram 18. The structure of simulator imports by importing countries in 2020
Diagram 19. The volume and dynamics of exports of simulators in monetary terms, 2016-2021 (7 months), thousand dollars
Diagram 20. The volume and dynamics of exports of simulators in physical terms, 2016-2021 (7 months), units
Diagram 21. Balance of exports and imports
Diagram 22. Structure of simulator exports by countries, 2020
Diagram 23. Dynamics of consumption of simulators in physical terms, 2016 - 2020
Diagram 24. Dynamics of the volume of the fitness services market in India, billion Rs., 2014-2020
Chart 25. Producer price indices for simulators, 2014-June 2021, %
Diagram 26. Forecast for the development of the simulator market in India in 2021-2025, million Rs.
Tables
Table 1. Industrial production index by state of India (in % of the previous year), 2015 - 2020
Table 2. Weighted average interest rates of credit institutions on loans to non-financial institutions in rupees (% per annum), 2014 - 2019
Table 3. STEP analysis of factors influencing the simulator market
Table 4. Main players in the simulator market in 2020
Table 5. Profiles of companies participating in the simulator market in India in 2018
Table 6. Simulator production dynamics in India by Union Territories, units
Table 7. Data on tenders for the purchase of simulators over 1000 thousand Rs., announced from 01.08.21/19.09.21/ to / /
Table 8. Producer prices for different types of simulators, 2020
Table 9. Average consumer prices in the market for simulators by state in India
Table 10. Factors of investment attractiveness of the simulator market
Table 11. List of sectors of the Indian economy most affected by the deterioration of the situation as a result of the spread of a new coronavirus infection (as of October 16, 2020)
Table 12. Analysis of the impact on the industry of the state aid proposed to date
Table 13. Forecast indicators of the development of the Indian economy in 2021-2023
Table 14. Assessment of the impact of recent crises on the industry
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