Construction Equipment Market in India 2017

Updated On: 22 February, 2019 | No of Pages: 50-60 | Format: PDF | SKU: 201883
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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 Indian construction equipment market is projected to expand at a compound annual growth rate of 13% between FY 2015 to FY 2020 to reach a value of INR 327.4 bn by FY 2020. The market witnessed sales of 68,200 units of construction equipment in FY 2015.

Construction Equipment Market in India

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 2017, 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:

  • Action Construction Equipment Ltd.
  • Bharat Earth Movers Ltd.
  • Brady & Morris Engineering Company Ltd.
  • Caterpillar India Pvt. Ltd.
  • Escorts Ltd.
  • Greaves Cotton Ltd.
  • Gujarat Apollo Industries Ltd.
  • Hercules Hoists Ltd.
  • Mukand Ltd.
  • JCB India Pvt. Ltd.

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Estimated Delivery Time: Immediate dispatch

Introduction

Slide 1: Executive Summary

Socioeconomic Indicators

Slide 2: Total Population (2010-2011 – 2019-2020), Population Density (2010-2011 – 2019-2020)

Slide 3: Sex Ratio (2005, 2010, 2015, 2020), Population by Age Group (2005, 2010, 2015, 2020), Urbanization Trend (2010-2011 – 2019-2020)

Slide 4: Total Fertility Rate (2005-2010, 2010-2015, 2015-2020), Infant Mortality Rate (2005-2010, 2010- 2015, 2015-2020), Total Number of Births (2005-2010, 2010-2015, 2015-2020), Total Number of Death (2005-2010, 2010-2015, 2015-2020)

Slide 5: Total Literacy Rate (2001, 2011), Rural Literacy (2001, 2011), Urban Literacy (2001, 2011)

Slide 6: GDP at Market Prices (2010-2014), FDI (2010-2014), Inflation Rate (2010-2014), Unemployment Rate (2010-2014)

Slide 7: Access to Safe Drinking Water (2001, 2011), Exchange Rate (2010-2015)

Market Overview

Slide 8: Market Definition and Structure

Slide 9: Market Size & Growth Forecast (Value-Wise; FY 2010 - FY 2020e), (Volume-Wise; FY 2010 – FY 2020e)

Slide 10: Market Segmentation based on Category of Equipment (Value-Wise; FY 2014 and FY 2015), and Current Market Scenario

Slide 11: Market Segmentation based on Equipment Type (Value-Wise; FY 2009, FY 2013 and FY 2018e) Slide 12: Earth Moving Equipment-Market Overview and Market size (Value-Wise; FY 2014 and FY 2015) Slide 13: Material Handling Equipment Market Overview and Market size (Value-Wise; FY 2014 and FY 2015)

Slide 14: Road Construction Equipment Market Overview and Market Size (Value-Wise; FY 2014 and FY 2015)

Slide 15: Concrete Equipment Market Overview and Market Size (Value-Wise; FY 2014 and FY 2015)

Slide 16: Material Processing Equipment Market Overview and Market Size (Value-Wise; FY 2014 and FY 2015)

Trade Analysis

Slide 17 – Export of Derricks, Cranes, Including Cable Cranes, Mobile Lifting Frames, Straddle Carriers and Works Trucks Fitted with Crane {Value-Wise; FY 2013 – FY 2017 (Apr-Dec)} and Region-Wise Segmentation (Value-Wise: FY 2015 and FY 2016)

Slide 18 - Import of Derricks, cranes, including cable cranes, mobile lifting frames, straddle carriers and works trucks fitted with crane {Value-Wise; FY 2013 – FY 2016-2017 (Apr-Dec)} and Region-Wise Segmentation (Value-Wise: FY 2015 and FY 2016)

Slide 19 – Export of Self Propelled Bulldozers, Angel Dozers, Graders, Levelers, Scrapers, Mechanical Shovels, Excavators, Shovel Loaders, Tamping Machines and Road Rollers {Value-Wise; FY 2013 – FY 2016-2017 (Apr-Dec)} and Region Wise Segmentation (Value-Wise: FY 2015 and FY 2016)

Slide 20 – Import of Self Propelled Bulldozers, Angel Dozers, Graders, Levelers, Scrapers, Mechanical Shovels, Excavators, Shovel Loaders, Tamping Machines and Road Rollers {Value-Wise; FY 2013 – FY 2016-2017 (Apr-Dec)} and Region Wise Segmentation (Value-Wise: FY 2015 and FY 2016)

Slide 21 – Export of Other Moving, Grading, Leveling, Tamping, Compacting, Extracting or Boring Machinery, Pile Drivers and Pile Extractors, Snow Ploughs and Snow Bowlers {Value-Wise; FY 2013 – FY 2016-2017 (Apr-Dec)} and Region Wise Segmentation (Value-Wise: FY 2015 and FY 2016)

Slide 22 – Import of Other Moving, Grading, Leveling, Tamping, Compacting, Extracting or Boring Machinery, Pile Drivers and Pile Extractors, Snow Ploughs and Snow Bowlers {Value-Wise; FY 2013 – FY 2016-2017 (Apr-Dec)} and Region Wise Segmentation (Value-Wise: FY 2015 and FY 2016)

Market Influencers

Slide 23-24: Market Drivers

Slide 25: Market Challenges 

Competitive Landscape

Slide 26: List of Major Players

Slide 27-52: Profiles of Major Players

Recent Developments

Slide 53: Key Recent Developments

Appendix

Slide 54: Research Methodology

               

 

 

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