Construction Equipment Market in India 2017 with data on Category Of Equipment and Type of Equipment (Backhoe Loaders, Crawled Excavators, Mobile Compressors, Mobile Cranes, Compaction Equipment, Wheeled Loaders and Crawler Dozers)

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Flash Discount
15% Single User
20% Multi User
25% Corporate
30% Enterprise
  • Market insights:

    Construction equipment includes all kinds of machines, derricks, hoists, material handling equipment, platforms, runways, safeguards, protective devices, cranes, and equipment used for other constructions. Owing to a surge in investments in the infrastructure sector, and growth of the real estate sector, the construction equipment market in India is expected to expand at a compound annual growth rate (CAGR) of ~7% till 2023, up from its 2017 value of INR 210 Bn.

    Insights on segments based on equipment category:

    Based on the category of equipment, the market is segmented into earth moving equipment, concrete equipment, material handling equipment, road construction equipment, and material processing equipment. Clearance of mining and construction (road building and real estate) projects in recent years have led the earth moving segment to occupy a major share of the construction equipment market, followed by concrete equipment, and material handling equipment.

    Insights on segments based on equipment type:

    Backhoe loaders, crawler excavators, mobile compressors, mobile cranes, compaction equipment, wheeled loaders, and crawler dozers are the most common construction equipment used in India. Among these, backhoe loaders had the highest market share in 2018, mainly due to its versatile applications.

    Market trends:

    The Ministry of Road Transport and Highways has implemented its ‘Value Engineering Program’, which directs constructors to use innovative technologies, materials, and equipment that can reduce the overall project cost and adverse effect on the environment.

    Market drivers:

    The Indian government has recently invested in the infrastructure sector. Substantial investment in the development of infrastructure in India is supposed to increase the demand for different kinds of construction equipment.

    The real estate market in India is expected to expand at a CAGR of ~11.54%, to reach a value of

    ~INR 12,0104.2 Bn by 2020, from ~INR 7004.34 Bn in 2015. The demand for construction equipment is increasing considerably in India due to the growth of the real estate market.

    Market challenges:

    Stringent regulations, along with increasing environmental concerns delay approvals for real estate projects in India. This, in turn, increases the overall budget of projects while slowing down the processes. Heavy equipment is rented and lie unused for months. As a result, in India, the revenue of the construction equipment market is limited. The secondary market for used construction equipment is yet to develop. This prevents the resale of equipment, which in turn reduces the overall revenue of the secondary construction equipment market.

    Companies covered:

    1. Action Construction Equipment Ltd.

    2. Bharat Earth Movers Ltd.

    3. Escorts Ltd.

    4. Gujarat Apollo Industries Ltd.

    5. Hercules Hoists Ltd.

    6. JCB India Pvt. Ltd.

    7. L&T Construction & Mining Machinery

    8. Triton Valves Ltd.

    9. Universal Construction Machinery and Equipment

    10. Volvo Construction Equipment India

    Customization available

    With the given market data, Research on Global Markets offers customizations according to specific needs.


  • With tables and figures helping analyze worldwide Construction Equipment market, this research provides key statistics on the state of the industry and is a valuable source of guidance and direction for companies and individuals interested in the market.

    Chapter 1: Executive summary
    Chapter 2: Socio-economic indicators
    Chapter 3: Introduction
    3.1. Construction equipment market in India - definition and structure
    3.2. Construction equipment market in India - evolution
    3.3. Construction equipment market in India - key manufacturing hubs
    Chapter 4: Construction equipment market in India
    4.1. Market overview
    4.2. Market size and growth forecast – value-wise (2018-2023e)
    4.3. Market size and growth forecast – volume-wise (2018-2023e)
    Chapter 5: India construction equipment market - segmentation
    5.1. Based on category of equipment (2018)
    5.1.1. Material processing equipment
    5.1.2. Material handling equipment
    5.1.3. Concrete equipment
    5.1.4. Earth moving equipment
    5.1.5. Road construction equipment
    5.2. Based on type of equipment (2018)
    5.2.1. Backhoe loaders
    5.2.2. Crawler excavators
    5.2.3. Mobile cranes
    5.2.4. Mobile compressors
    5.2.5. Compaction equipment
    5.2.6. Wheeled loaders
    5.2.7. Crawler dozers
    Chapter 6: Construction equipment market in India – segments’ overview – based on category
    6.1. Material processing equipment
    6.1.1. Definition
    6.1.2. Segment structure
    6.1.3. Market size (2018-2023e) Based on value Based on volume
    6.2. Material handling equipment
    6.2.1. Definition
    6.2.2. Segment structure
    6.2.3. Market size (2018-2023e) Based on value Based on volume
    6.3. Concrete equipment
    6.3.1. Definition
    6.3.2. Segment structure
    6.3.3. Market size (2018-2023e) Based on value Based on volume
    6.4. Earth moving equipment
    6.4.1. Definition
    6.4.2. Segment structure
    6.4.3. Market size (2018-2023e) Based on value Based on volume
    6.5. Road construction equipment
    6.5.1. Definition
    6.5.2. Segment structure
    6.5.3. Market size (2018-2023e) Based on value Based on volume
    Chapter 7: Trade analysis
    7.1. Export of construction equipment
    7.1.1 Value-wise
    7.1.2 Country-wise
    7.2. Import of construction equipment
    7.2.1. Value-wise
    7.2.2. Country-wise
    Chapter 8: Key growth drivers of the market
    Chapter 9: Key deterrents to the growth of the market
    Chapter 10: Competitive landscape
    10.1. Action Construction Equipment Ltd.
    10.1.1. Corporate information
    10.1.2. Business description
    10.1.3. Products and services
    10.1.4. Key people
    10.1.5. Financial snapshot (total income, net profit/loss)
    10.1.6. Key ratios
    10.1.7. Key financial performance indicators
    10.1.8. Business segments, geographical segments
    10.2. Bharat Earth Movers Ltd.
    10.2.1. Corporate information
    10.2.2. Business description
    10.2.3. Products and services
    10.2.4. Key people
    10.2.5. Financial snapshot (total income, net profit/loss)
    10.2.6. Key ratios
    10.2.7. Key financial performance indicators
    10.2.8. Business segments, geographical segments
    10.3. Escorts Ltd.
    10.3.1. Corporate information
    10.3.2. Business description
    10.3.3. Products and services
    10.3.4. Key people
    10.3.5. Financial snapshot (total income, net profit/loss)
    10.3.6. Key ratios
    10.3.7. Key financial performance indicators
    10.3.8. Business segments, geographical segments
    10.4. Gujarat Apollo Industries Ltd.
    10.4.1. Corporate information
    10.4.2. Business description
    10.4.3. Products and services
    10.4.4. Key people
    10.4.5. Financial snapshot (total income, net profit/loss)
    10.4.6. Key ratios
    10.4.7. Key financial performance indicators
    10.4.8. Business segments, geographical segments
    10.5. Hercules Hoists Ltd.
    10.5.1. Corporate information
    10.5.2. Business description
    10.5.3. Products and services
    10.5.4. Key people
    10.5.5. Financial snapshot (total income, net profit/loss)
    10.5.6. Key ratios
    10.5.7. Key financial performance indicators
    10.5.8. Business segments, geographical segments
    10.6. JCB India Pvt. Ltd.
    10.6.1. Corporate information
    10.6.2. Business description
    10.6.3. Products and services
    10.6.4. Key people
    10.7. L&T Construction & Mining Machinery
    10.7.1. Corporate information
    10.7.2. Business description
    10.7.3. Products and services
    10.7.4. Key people
    10.7.5. Financial snapshot (total income, net profit/loss)
    10.8. Triton Valves Ltd.
    10.8.1. Corporate information
    10.8.2. Business description
    10.8.3. Products and services
    10.8.4. Key people
    10.9. Universal Construction Machinery and Equipment
    10.9.1. Corporate information
    10.9.2. Business description
    10.9.3. Products and services
    10.9.4. Key people
    10.9.5. Financial snapshot (total income, net profit/loss)
    10.9.6. Key ratios
    10.9.7. Key financial performance indicators
    10.9.8. Business segments, geographical segments
    10.10. Volvo Construction Equipment India
    10.10.1. Corporate information
    10.10.2. Business description
    10.10.3. Products and services
    10.10.4. Key people

    1. Research methodology

    2. About Research on Global Markets


  • The Construction Equipment Market has been segregated into various crucial divisions including applications, types, and regions. Each market segment is intensively studied in the report contemplating its market acceptance, worthiness, demand, and growth prospects. The segmentation analysis will help the client to customize their marketing approach to have a better command of each segment and to identify the most prospective customer base.

    Report Objectives / Segmentation Covered :
    By Companies / players:
      By Regions:
        By Type:
          By Application:
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          Research objectives

          Where will all these developments take the industry in the long

          To study and analyze the global Market consumption (value & volume) by key regions/countries, product type and application, history data from 2015 to 2019, and forecast to 2025.

          What are the future opportunities in the market?

          To understand the structure of Market by identifying its various subsegments.

          What are the major driving forces expected to impact the development of the market market across different regions?

          To analyze the market with respect to individual growth trends, future prospects, and their contribution to the total market.

          Which industry trends are likely to shape the future of the industry during the forecast period 2020-2025?

          To project the consumption of market submarkets, with respect to key regions.

          Who are the major driving forces expected to decide the fate of the industry worldwide.

          To strategically profile the key players and comprehensively analyze their growth strategies.

          What are the key barriers and threats believed to hinder the development of the industry?

          To analyze competitive developments such as expansions,agreements, new product launches, and acquisitions in the market.

          Who are the prominent market players making a mark in the market with their winning strategies?

          To share detailed information about the key factors influencing the growth of the market

          What will be the growth rate and the market size of the industry for the forecast period 2020-2025?

          Focuses on the key global market Vendors, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.

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