Booming Construction Equipment Market in India
India, the world’s seventh largest country by area and second biggest by population, is one of the most dynamically growing, but largely untapped construction equipment markets. In the recent years, the country has witnessed massive investment in the construction industry from both public and private enterprises. Multi-billion dollar investments in constructing roads, ports and power plants, and developing telecommunication sector and urban infrastructure have paved the way for the construction equipment demand to grow phenomenally.
According to our research report, “Booming Construction Equipment Market in India”, the Indian construction equipment industry has been witnessing a consistent double-digit growth over the past few years. Though the economic slowdown had its moderate effects on the industry, it regained momentum in 2010 showing a stupendous growth which is expected to continue in the years to come. The earth-moving segment, in particular, has been driving the overall construction equipment industry in India, with the strong demand emanating from the government-backed infrastructure projects. The segment is poised to register a remarkable CAGR of around 21% during 2011-2015, as per our estimates.
The study provides a profound research and rational analysis of the Indian construction equipment industry. It not only presents information and statistics related to all prominent market segments like earth moving and material handling, but also analyzes the historic, current and upcoming trends to provide balanced market intelligence on the industry. It also throws light on the Indian rental equipment and the equipment financing markets.
Our research report also highlights how the after-sale services and the emergence of new players in this field are determining the industry’s future growth. Discussing various government initiatives and investments for the industry, it also provides an insight into the competitive landscape to understand the market scenario and the industry’s growth potentials.
In addition, the study has provides the industry forecast, based on the correlation of past drivers, challenges, and opportunities for expansion. In this way, the report depicts an unbiased picture of the Indian construction equipment industry which will prove decisive for the clients and help them make sound investment decisions.
According to our research report, “Booming Construction Equipment Market in India”, the Indian construction equipment industry has been witnessing a consistent double-digit growth over the past few years. Though the economic slowdown had its moderate effects on the industry, it regained momentum in 2010 showing a stupendous growth which is expected to continue in the years to come. The earth-moving segment, in particular, has been driving the overall construction equipment industry in India, with the strong demand emanating from the government-backed infrastructure projects. The segment is poised to register a remarkable CAGR of around 21% during 2011-2015, as per our estimates.
The study provides a profound research and rational analysis of the Indian construction equipment industry. It not only presents information and statistics related to all prominent market segments like earth moving and material handling, but also analyzes the historic, current and upcoming trends to provide balanced market intelligence on the industry. It also throws light on the Indian rental equipment and the equipment financing markets.
Our research report also highlights how the after-sale services and the emergence of new players in this field are determining the industry’s future growth. Discussing various government initiatives and investments for the industry, it also provides an insight into the competitive landscape to understand the market scenario and the industry’s growth potentials.
In addition, the study has provides the industry forecast, based on the correlation of past drivers, challenges, and opportunities for expansion. In this way, the report depicts an unbiased picture of the Indian construction equipment industry which will prove decisive for the clients and help them make sound investment decisions.
1. ANALYST VIEW
2. RESEARCH METHODOLOGY
3. INDIA IN GLOBAL CONTEXT
4. EMERGING MARKET TRENDS
4.1 India: Promising Hot-spot for Global CE Manufacturers
4.2 Demand Growing for After-sales Services
4.3 Increasing Imports - Exposure to Forex Volatility
4.4 Threat from Low-cost Countries
5. INDUSTRY PERFORMANCE AND OUTLOOK BY 2015
5.1 Market Overview and Recent Developments
5.1.1 Earth Moving Equipments
5.1.2 Material Handling Equipments
5.1.3 Concrete Equipments
5.1.4 Road Building Equipments
5.2 Equipment Imports
6. CONSTRUCTION EQUIPMENT RENTAL MARKET
7. CONSTRUCTION EQUIPMENT FINANCING MARKET
8. REGULATORY ENVIRONMENT ANALYSIS
9. INDUSTRY GROWTH ACCELERATORS
10. COMPETITIVE LANDSCAPE
10.1 BEML Ltd.
10.2 JCB India Ltd.
10.3 Elecon Engineering Co. Ltd
10.4 TRF Limited
10.5 Action Construction Equipment Limited
10.6 Escorts Limited
2. RESEARCH METHODOLOGY
3. INDIA IN GLOBAL CONTEXT
4. EMERGING MARKET TRENDS
4.1 India: Promising Hot-spot for Global CE Manufacturers
4.2 Demand Growing for After-sales Services
4.3 Increasing Imports - Exposure to Forex Volatility
4.4 Threat from Low-cost Countries
5. INDUSTRY PERFORMANCE AND OUTLOOK BY 2015
5.1 Market Overview and Recent Developments
5.1.1 Earth Moving Equipments
5.1.2 Material Handling Equipments
5.1.3 Concrete Equipments
5.1.4 Road Building Equipments
5.2 Equipment Imports
6. CONSTRUCTION EQUIPMENT RENTAL MARKET
7. CONSTRUCTION EQUIPMENT FINANCING MARKET
8. REGULATORY ENVIRONMENT ANALYSIS
9. INDUSTRY GROWTH ACCELERATORS
10. COMPETITIVE LANDSCAPE
10.1 BEML Ltd.
10.2 JCB India Ltd.
10.3 Elecon Engineering Co. Ltd
10.4 TRF Limited
10.5 Action Construction Equipment Limited
10.6 Escorts Limited
LIST OF FIGURES
Figure 3-1: Share in Global Construction Equipment Market (2011)
Figure 5-1: Construction Equipment Market (Billion US$), 2010-2015
Figure 5-2: Construction Equipment Market by Segment (%)
Figure 5-3: Earth Moving Equipment Market (Billion US$), 2010-2015
Figure 5-4: Material Handling Equipment Market (Billion US$), 2010-2015
Figure 5-5: Concrete Equipment Market (Billion US$), 2010-2015
Figure 5-6: Road Building Equipment Market (Billion US$), 2010-2015
Figure 5-7: Material Handling Equipments Imports (Million US$), FY 2006 to FY 2010
Figure 6-1: Construction Equipment Rental Market Structure (%), 2010
Figure 6-2: Construction Equipment Rental Market (Billion US$), 2010-2015
Figure 6-3: Share of Players in Construction Equipment Rental Market (2010)
Figure 7-1: Construction Equipment Financing Market (Billion US$), 2010-2015
Figure 7-2: Construction Equipment Financing Market Structure (%), 2010
Figure 3-1: Share in Global Construction Equipment Market (2011)
Figure 5-1: Construction Equipment Market (Billion US$), 2010-2015
Figure 5-2: Construction Equipment Market by Segment (%)
Figure 5-3: Earth Moving Equipment Market (Billion US$), 2010-2015
Figure 5-4: Material Handling Equipment Market (Billion US$), 2010-2015
Figure 5-5: Concrete Equipment Market (Billion US$), 2010-2015
Figure 5-6: Road Building Equipment Market (Billion US$), 2010-2015
Figure 5-7: Material Handling Equipments Imports (Million US$), FY 2006 to FY 2010
Figure 6-1: Construction Equipment Rental Market Structure (%), 2010
Figure 6-2: Construction Equipment Rental Market (Billion US$), 2010-2015
Figure 6-3: Share of Players in Construction Equipment Rental Market (2010)
Figure 7-1: Construction Equipment Financing Market (Billion US$), 2010-2015
Figure 7-2: Construction Equipment Financing Market Structure (%), 2010
LIST OF TABLES
Table 5-1: Sale of Major Products under Earth Moving Equipments (Units) 2010 & 2015
Table 5-2: Sale of Major Products under Material Handling Equipments (Units) 2010 & 2015
Table 5-3: Sale of Major Products under Concrete Equipments (Units), 2010 & 2015
Table 5-4: Road Infrastructure (Km), 2011
Table 5-5: NHDP & NHAI Road Projects and Contracts Statistics (Oct 2011)
Table 6-1: Average Rental Rates for Construction Equipment (INR)
Table 9-1: Investment in Infrastructure during the X and XI Plan (Billion INR)
Table 9-2: Construction Cost Break-up by Sector (%)
Table 5-1: Sale of Major Products under Earth Moving Equipments (Units) 2010 & 2015
Table 5-2: Sale of Major Products under Material Handling Equipments (Units) 2010 & 2015
Table 5-3: Sale of Major Products under Concrete Equipments (Units), 2010 & 2015
Table 5-4: Road Infrastructure (Km), 2011
Table 5-5: NHDP & NHAI Road Projects and Contracts Statistics (Oct 2011)
Table 6-1: Average Rental Rates for Construction Equipment (INR)
Table 9-1: Investment in Infrastructure during the X and XI Plan (Billion INR)
Table 9-2: Construction Cost Break-up by Sector (%)
