India Construction Equipment Market Expected to Generate USD 15.9 Billion By 2032

The India construction equipment market size was estimated at US$ 6.69 billion in 2022 it is predicted to grow at a CAGR of 9.04% from 2023 to 2032 to reach around US$ 15.9 billion by the end of 2032.

The India construction equipment market report offers an exclusive study of the present state expected at the market dynamics, opportunities, market scheme, growth analysis and regional outlook. The report presents energetic visions to conclude and study the market size, market aspiration, and competitive environment. The research also focuses on the important achievements of the market, research & development, and regional (country by country) growth of the leading vendors operating in the market

The study offers intricate dynamics about different aspects of the global India construction equipment market, which aids companies operating in the market in making strategies development decisions. The study also elaborates on remarkable changes that are highly anticipated to configure growth of the global India construction equipment market during the forecast period. It also includes a key indicator analysis that highlights growth prospects of this market and approximate statistics related to growth of the market in terms of value (US$ Bn) and volume (tons).

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Report Scope of the India Construction Equipment Market

Report Coverage Report Coverage
Market Size in 2022 USD 6.69 billion
Revenue Forecast by 2032 USD 15.9 billion
Growth rate from 2023 to 2032 CAGR of  9.04%
Base Year 2022
Forecast Period 2023 to 2032
Market Analysis (Terms Used) Value (US$ Million/Billion) or (Volume/Units)
Companies Covered AB Volvo; Action Construction Equipment Ltd.; Caterpillar; Hyundai Construction Equipment Co., Ltd.; J C Bamford Excavators Ltd.; KOBELCO CONSTRUCTION EQUIPMENT INDIA PVT. LTD.; Komatsu India Pvt. Ltd.; LARSEN & TOUBRO LIMITED; LIEBHERR; LiuGong India Pvt. Ltd.; SANY GROUP; Tata Hitachi Construction Machinery; XCMG Group; Zoomlion India Pvt. Ltd.

This study covers an elaborate segmentation of the global India construction equipment market, along with important information and a competition outlook. The report mentions company profiles of players that are currently influence the global India construction equipment market, wherein various developments, expansions, and winning strategies practiced and execute by leading players have been presented in detail.

India Construction Equipment Market Segmentations:

By Engine Capacity 

  • Up to 250 HP
  • 250-500 HP
  • More than 500 HP

By Propulsion Type 

  • ICE
  • Electric

By Product 

  • Earth Moving Machinery
  • Material Handling Equipment
  • Road Construction Equipment
  • Material Processing Equipment
  • Concrete Equipment

Research Methodology

The research methodology acquire by analysts for assemble the global India construction equipment market report is based on detailed primary as well as secondary research. With the help of in-depth insights of the market-affiliated information that is obtained and legitimated by market-admissible resources, analysts have offered riveting observations and authentic forecasts for the global market.

During the primary research phase, analysts interviewed market stakeholders, investors, brand managers, vice presidents, and sales and marketing managers. Based on data obtained through interviews of genuine resources, analysts have emphasized the changing scenario of the global market.

For secondary research, analysts study numerous annual report declaration, white papers, market association declaration, and company websites to obtain the necessary understanding of the global India construction equipment market.

TABLE OF CONTENT

Chapter 1. Introduction

1.1. Research Objective

1.2. Scope of the Study

1.3. Definition

Chapter 2. Research Methodology

2.1. Research Approach

2.2. Data Sources

2.3. Assumptions & Limitations

Chapter 3. Executive Summary

3.1. Market Snapshot

Chapter 4. Market Variables and Scope 

4.1. Introduction

4.2. Market Classification and Scope

4.3. Industry Value Chain Analysis

4.3.1. Raw Material Procurement Analysis

4.3.2. Sales and Distribution Engine Capacity Analysis

4.3.3. Downstream Buyer Analysis

Chapter 5. COVID 19 Impact on India Construction Equipment Market 

5.1. COVID-19 Landscape: India Construction Equipment Industry Impact

5.2. COVID 19 – Impact Assessment for the Industry

5.3. COVID 19 Impact: Major Government Policy

5.4. Market Trends and Opportunities in the COVID-19 Landscape

Chapter 6. Market Dynamics Analysis and Trends

6.1. Market Dynamics

6.1.1. Market Drivers

6.1.2. Market Restraints

6.1.3. Market Opportunities

6.2. Porter’s Five Forces Analysis

6.2.1. Bargaining power of suppliers

6.2.2. Bargaining power of buyers

6.2.3. Threat of substitute

6.2.4. Threat of new entrants

6.2.5. Degree of competition

Chapter 7. Competitive Landscape

7.1.1. Company Market Share/Positioning Analysis

7.1.2. Key Strategies Adopted by Players

7.1.3. Vendor Landscape

7.1.3.1. List of Suppliers

7.1.3.2. List of Buyers

Chapter 8. India Construction Equipment Market, By Engine Capacity

8.1. India Construction Equipment Market, by Engine Capacity, 2023-2032

8.1.1 Up to 250 HP

8.1.1.1. Market Revenue and Forecast (2020-2032)

8.1.2. 250-500 HP

8.1.2.1. Market Revenue and Forecast (2020-2032)

8.1.3. More than 500 HP

8.1.3.1. Market Revenue and Forecast (2020-2032)

Chapter 9. India Construction Equipment Market, By Propulsion Type

9.1. India Construction Equipment Market, by Propulsion Type, 2023-2032

9.1.1. ICE

9.1.1.1. Market Revenue and Forecast (2020-2032)

9.1.2. Electric

9.1.2.1. Market Revenue and Forecast (2020-2032)

Chapter 10. India Construction Equipment Market, By Product 

10.1. India Construction Equipment Market, by Product, 2023-2032

10.1.1. Earth Moving Machinery

10.1.1.1. Market Revenue and Forecast (2020-2032)

10.1.2. Material Handling Equipment

10.1.2.1. Market Revenue and Forecast (2020-2032)

10.1.3. Road Construction Equipment

10.1.3.1. Market Revenue and Forecast (2020-2032)

10.1.4. Material Processing Equipment

10.1.4.1. Market Revenue and Forecast (2020-2032)

10.1.5. Concrete Equipment

10.1.5.1. Market Revenue and Forecast (2020-2032)

Chapter 11. India Construction Equipment Market, Regional Estimates and Trend Forecast

11.1. India

11.1.1. Market Revenue and Forecast, by Engine Capacity (2020-2032)

11.1.2. Market Revenue and Forecast, by Propulsion Type (2020-2032)

11.1.3. Market Revenue and Forecast, by Product (2020-2032)

Chapter 12. Company Profiles

12.1. AB Volvo

12.1.1. Company Overview

12.1.2. Product Offerings

12.1.3. Financial Performance

12.1.4. Recent Initiatives

12.2. Action Construction Equipment Ltd

12.2.1. Company Overview

12.2.2. Product Offerings

12.2.3. Financial Performance

12.2.4. Recent Initiatives

12.3. Caterpillar

12.3.1. Company Overview

12.3.2. Product Offerings

12.3.3. Financial Performance

12.3.4. Recent Initiatives

12.4. Hyundai Construction Equipment Co., Ltd.

12.4.1. Company Overview

12.4.2. Product Offerings

12.4.3. Financial Performance

12.4.4. Recent Initiatives

12.5. J C Bamford Excavators Ltd.

12.5.1. Company Overview

12.5.2. Product Offerings

12.5.3. Financial Performance

12.5.4. Recent Initiatives

12.6. KOBELCO CONSTRUCTION EQUIPMENT INDIA PVT. LTD

12.6.1. Company Overview

12.6.2. Product Offerings

12.6.3. Financial Performance

12.6.4. Recent Initiatives

12.7. Komatsu India Pvt. Ltd.

12.7.1. Company Overview

12.7.2. Product Offerings

12.7.3. Financial Performance

12.7.4. Recent Initiatives

12.8. LARSEN & TOUBRO LIMITED

12.8.1. Company Overview

12.8.2. Product Offerings

12.8.3. Financial Performance

12.8.4. Recent Initiatives

12.9. LIEBHERR

12.9.1. Company Overview

12.9.2. Product Offerings

12.9.3. Financial Performance

12.9.4. Recent Initiatives

12.10. LiuGong India Pvt. Ltd.

12.10.1. Company Overview

12.10.2. Product Offerings

12.10.3. Financial Performance

12.10.4. Recent Initiatives

Chapter 13. Research Methodology

13.1. Primary Research

13.2. Secondary Research

13.3. Assumptions

Chapter 14. Appendix

14.1. About Us

14.2. Glossary of Terms

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