The forecast for the import of video recording and reproducing apparatus to India shows a consistent upward trend from 2024 to 2028, indicating a growing market demand. In 2023, the import value stood at 2.066 billion US dollars. The year-on-year variations are as follows:
• 2024: +4.70%
• 2025: +5.13%
• 2026: +4.76%
• 2027: +4.46%
• 2028: +4.28%
The Compound Annual Growth Rate (CAGR) for the period from 2024 to 2028 is approximately 4.66%, highlighting steady growth in the market.
Future trends to watch for include technological advancements in video recording technologies, increasing demand for high-resolution and high-frame-rate equipment, and potential impacts from import regulations and international trade policies.
