Hardware Market Size in India 鈥瘄 Value & Outlook 2025

Q: What is the projected growth rate of the hardware market in India?

The market is projected to grow at a CAGR of 7.0% during the forecast period 2025鈥�2031.

Q: How are smart cities and real estate reforms influencing the market?

Smart cities are increasing demand for premium-quality, automated, and secure hardware systems in urban infrastructure.

Q: Which hardware categories are experiencing the fastest growth?

Locks, hinges, drawer systems, bathroom accessories, and IoT-integrated smart home hardware are leading.

Q: What challenges do Indian hardware companies face?

Raw material price volatility, lack of consumer awareness in rural areas, and competition from imports.

Q: Is sustainability impacting the hardware product lifecycle?

Yes, eco-friendly coatings, recyclable metals, and long-life designs are gaining consumer and institutional preference.

Q: How does 6W market outlook report help businesses in making decisions?

6W monitors the market across 60+ countries Globally, publishing an annual market outlook report that analyses trends, key drivers, Size, Volume, Revenue, opportunities, and market segments. This report offers comprehensive insights, helping businesses understand market dynamics and make informed decisions.

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Hardware Market Size in India 鈥瘄 Trends & Forecast 2025

Code: MTA4655

Publication Date: Jul 2025

What is the growth rate of the India Hardware Market?

According to 绿帽社 internal database and industry insights, the India Hardware Market is projected to grow at a CAGR of 7.0% during the forecast period 2025–2031.

The India hardware market is expanding gradually, driven by infrastructure growth, housing demand, and smart city projects accelerating the need for modern hardware solutions.

Key Growth Factors of the India Hardware Market

Development in the residential, commercial, and institutional construction with the time
Increasing adoption of urban lifestyle with premium and designer hardware
Preference of smart homes driving demand for smart locks and digital fittings
Booming e-commerce channels offering DIY-friendly hardware kits
Emphasis on quality and aesthetics in interior and exterior fittings
Policy pushes on affordable housing and real estate development

India Hardware Market Trends

India hardware market is undergoing for the transformation with shift from conventional utility to design-integrated, modular, and tech-enabled products. The demand is high for minimalist handles, concealed hinges, soft-close drawer systems, and anti-rust coatings. The customers in the urban region are mostly embracing the custom finishes, such as matte black, rose gold, and brushed steel. The rise of DIY projects and interior personalization among younger buyers is influencing the product formats and packaging.

Emerging Developments in the India Hardware Market

Innovations have brought strong developments in the India Hardware Market include IoT-enabled smart door handles, biometric locks, and motion-activated fittings for bathrooms and kitchens. Hardware brands are investing in automated sliding systems, touch-free door closers, and sustainable materials like recycled aluminium and bamboo composites. Integration with smart home ecosystems is emerging, allowing for app-controlled access and sensor-driven automation. In terms of region, the Tier II and III cities of India are witnessing a surge in demand for premium but cost-efficient solutions, expanding the mid-range market.