India Construction Equipment Market, By Solution (Product, Service); By Equipment (Heavy Construction Equipment, Compact Construction Equipment); By Propulsion Type (ICE, Electric, CNG/LNG); By Power Output (<100 HP, 101–200 HP, 201–400 HP, >401 HP); By E

India Construction Equipment Market, By Solution (Product, Service); By Equipment (Heavy Construction Equipment, Compact Construction Equipment); By Propulsion Type (ICE, Electric, CNG/LNG); By Power Output (<100 HP, 101–200 HP, 201–400 HP, >401 HP); By End User (Oil & Gas, Construction & Infrastructure, Manufacturing, Mining, Others); By Region (North India, South India, East India, West India), Trend Analysis, Competitive Landscape & Forecast, 2019–2029


India Construction Equipment Market Size Booming to Touch USD 13 Billion by 2029
The India construction equipment market is gaining traction because of the thriving infrastructure development projects and rapid urbanization.
BlueWeave Consulting, a leading strategic consulting and market research firm, in its recent study, estimated the India construction equipment market size at USD 7.18 billion in 2022. During the forecast period between 2023 and 2029, the India construction equipment market size is projected to grow at a CAGR of 8.67% reaching a value of USD 12.78 billion by 2029. Rapid urbanization and increased public and private investments in infrastructure development projects are two key driving factors for the India construction equipment market. The Indian government’s focus on developing smart cities and expanding manufacturing sector is also expected to drive the growth of the India construction equipment market over the forecast period.
India Construction Equipment Market – Overview
Construction equipment is heavy-duty machinery and equipment designed specifically for doing construction tasks, most frequently groundwork operations. In addition to maintaining a close check on the applied quality standards, it optimizes the use of resources, such as materials, labor, finances, and the limited supply of a qualified and efficient workforce. The various types of construction equipment include those used for hoisting, excavation, hauling, grading, paving, drilling, and pile driving. Excavators, sometimes known as "diggers," are the most popular type of construction machinery because of their adaptability. On a building site, they predominate together with mining, landscaping, demolition, and other activities.
India Construction Equipment Market – By Propulsion Type
Based on propulsion type, the India construction equipment market is segmented into ICE, electric, and CNG/LNG. The ICE, or internal combustion engine, accounts for the largest market share. Compared to external combustion engines, internal combustion engines have a number of benefits. The internal combustion engine's direct fuel-to-cylinder combustion results in lesser heat loss, improved thermal efficiency, and less fuel consumption. However, the electric propulsion type is projected to register the highest CAGR during the forecast period owing to its lower emissions.
Impact of COVID-19 on the India Construction Equipment Market
The COVID-19 pandemic impeded the expansion of the India construction equipment market. Construction and infrastructure, manufacturing, mining, and other significant end-user industries of the construction equipment market were all directly affected by the lockdown that the Indian government imposed to stop the virus's spread. The supply chain disruptions and temporary shutdown of construction equipment production both had a detrimental impact on market expansion. However, the market is projected to gain its pace back over the post-COVID-19 period following the lockdown upliftment.
Competitive Landscape
Major players operating in the India construction equipment market include Caterpillar, CNH Industrial America LLC, Deere & Company, Doosan Corporation, Escorts Limited, Hitachi Construction Machinery Co., Ltd, Hyundai Construction Equipment Co., Ltd, J C Bamford Excavators Ltd, Komatsu Ltd, and Kubota Corporation.
To further enhance their market share, these companies employ various strategies, including mergers and acquisitions, partnerships, joint ventures, license agreements, and new product launches.

The in-depth analysis of the report provides information about growth potential, upcoming trends, and the India Construction Equipment Market. It also highlights the factors driving forecasts of total market size. The report promises to provide recent technology trends in the India Construction Equipment Market and industry insights to help decision-makers make sound strategic decisions. Furthermore, the report also analyzes the growth drivers, challenges, and competitive dynamics of the market.


1. Research Framework
1.1. Research Objective
1.2. Product Overview
1.3. Market Segmentation
2. Executive Summary
3. India Construction Equipment Market Insights
3.1. Industry Value Chain Analysis
3.2. DROC Analysis
3.2.1. Growth Drivers
3.2.1.1. Growth in Infrastructure Development
3.2.1.2. Increasing Urbanization
3.2.2. Restraints
3.2.2.1. High Initial Cost
3.2.3.Opportunities
3.2.3.1. Advancement in Technology
3.2.4. Challenges
3.2.4.1. Lack Of Skilled Workforce
3.3. Technological Advancements/Recent Developments
3.4. Regulatory Framework
3.5. Porter’s Five Forces Analysis
3.5.1. Bargaining Power of Suppliers
3.5.2. Bargaining Power of Buyers
3.5.3. Threat of New Entrants
3.5.4. Threat of Substitutes
3.5.5. Intensity of Rivalry
4. India Construction Equipment Market Overview
4.1. Market Size & Forecast, 2019–2029
4.1.1. By Value (USD Million)
4.2. Market Share & Forecast
4.2.1. By Solution
4.2.1.1. Products
4.2.1.2. Services
4.2.2. By Equipment
4.2.2.1. Heavy Construction Equipment
4.2.2.2. Compact Construction Equipment
4.2.3. By Propulsion Type
4.2.3.1. ICE
4.2.3.2. Electric
4.2.3.3. CNG/LNG
4.2.4. By Power Output
4.2.4.1. <100 HP
4.2.4.2. 101–200 HP
4.2.4.3. 201–400 HP
4.2.4.4. >401 HP
4.2.5. By End User
4.2.5.1. Oil & Gas
4.2.5.2. Construction & Infrastructure
4.2.5.3. Manufacturing
4.2.5.4. Mining
4.2.5.5. Others
4.2.6. By Region
4.2.6.1. North India
4.2.6.2. South India
4.2.6.3. East India
4.2.6.4. West India
5. North India Construction Equipment Market
5.1. Market Size & Forecast, 2019–2029
5.1.1. By Value (USD Million)
5.2. Market Share & Forecast
5.2.1. By Solution
5.2.2. By Equipment
5.2.3. By Propulsion Type
5.2.4. By Power Output
5.2.5. By End User
6. South India Construction Equipment Market
6.1. Market Size & Forecast, 2019–2029
6.1.1. By Value (USD Million)
6.2. Market Share & Forecast
6.2.1. By Solution
6.2.2. By Equipment
6.2.3. By Propulsion Type
6.2.4. By Power Output
6.2.5. By End User
7. East India Construction Equipment Market
7.1. Market Size & Forecast, 2019–2029
7.1.1. By Value (USD Million)
7.2. Market Share & Forecast
7.2.1. By Solution
7.2.2. By Equipment
7.2.3. By Propulsion Type
7.2.4. By Power Output
7.2.5. By End User
8. West India Construction Equipment Market
8.1. Market Size & Forecast, 2019–2029
8.1.1. By Value (USD Million)
8.2. Market Share & Forecast
8.2.1. By Solution
8.2.2. By Equipment
8.2.3. By Propulsion Type
8.2.4. By Power Output
8.2.5. By End User
9. Competitive Landscape
9.1. List of Key Players and Their Offerings
9.2. India Construction Equipment Market Company Market Share Analysis, 2022
9.3. Competitive Benchmarking, By Operating Parameters
9.4. Key Strategic Developments (Mergers, Acquisitions, Partnerships, etc.)
10. Impact of Covid-19 on India Construction Equipment Market
11. Company Profile (Company Overview, Financial Matrix, Competitive Landscape, Key Personnel, Key Competitors, Contact Address, Strategic Outlook, SWOT Analysis)
11.1. Caterpillar
11.2. CNH Industrial America LLC.
11.3. Deere & Company
11.4. Doosan Corporation
11.5. Escorts Limited
11.6. Hitachi Construction Machinery Co., Ltd.
11.7. Hyundai Construction Equipment Co., Ltd.
11.8. J C Bamford Excavators Ltd.
11.9. Komatsu Ltd.
11.10. KUBOTA Corporation
11.11. Other Prominent Players
12. Key Strategic Recommendations
13. Research Methodology
13.1.Qualitative Research
13.1.1.Primary & Secondary Research
13.2.Quantitative Research
13.3.Market Breakdown & Data Triangulation
13.3.1.Secondary Research
13.3.2.Primary Research
13.4.Breakdown of Primary Research Respondents, By Region
13.5.Assumptions & Limitations
*Financial information of non-listed companies can be provided as per availability.
**The segmentation and the companies are subject to modifications based on in-depth secondary research for the final deliverable
List of Figures
Figure 1 India Construction Equipment Segmentation
Figure 2 India Construction Equipment Market Value Chain Analysis
Figure 3 Company Market Share Analysis, 2022
Figure 4 India Construction Equipment Market Size, By Value (USD Million), 2019–2029
Figure 5 India Construction Equipment Market Share, By Solution, By Value, 2019–2029
Figure 6 India Construction Equipment Market Share, By Equipment, By Value, 2019–2029
Figure 7 India Construction Equipment Market Share, By Propulsion Type, By Value, 2019–2029
Figure 8 India Construction Equipment Market Share, By Power Output, By Value, 2019–2029
Figure 9 India Construction Equipment Market Share, By End User, By Value, 2019–2029
Figure 10 India Construction Equipment Market Share, By Region, By Value, 2019–2029
Figure 11 North India Construction Equipment Market Size, By Value (USD Million), 2019–2029
Figure 12 North India Construction Equipment Market Share, By Solution, By Value, 2019–2029
Figure 13 North India Construction Equipment Market Share, By Equipment, By Value, 2019–2029
Figure 14 North India Construction Equipment Market Share, By Propulsion Type, By Value, 2019–2029
Figure 15 North India Construction Equipment Market Share, By Power Output, By Value, 2019–2029
Figure 16 North India Construction Equipment Market Share, By End User, By Value, 2019–2029
Figure 17 South India Construction Equipment Market Size, By Value (USD Million), 2019–2029
Figure 18 South India Construction Equipment Market Share, By Solution, By Value, 2019–2029
Figure 19 South India Construction Equipment Market Share, By Equipment, By Value, 2019–2029
Figure 20 South India Construction Equipment Market Share, By Propulsion Type, By Value, 2019–2029
Figure 21 South India Construction Equipment Market Share, By Power Output, By Value, 2019–2029
Figure 22 South India Construction Equipment Market Share, By End User, By Value, 2019–2029
Figure 23 East India Construction Equipment Market Size, By Value (USD Million), 2019–2029
Figure 24 East India Construction Equipment Market Share, By Solution, By Value, 2019–2029
Figure 25 East India Construction Equipment Market Share, By Equipment, By Value, 2019–2029
Figure 26 East India Construction Equipment Market Share, By Propulsion Type, By Value, 2019–2029
Figure 27 East India Construction Equipment Market Share, By Power Output, By Value, 2019–2029
Figure 28 East India Construction Equipment Market Share, By End User, By Value, 2019–2029
Figure 29 West India Construction Equipment Market Size, By Value (USD Million), 2019–2029
Figure 30 West India Construction Equipment Market Share, By Solution, By Value, 2019–2029
Figure 31 West India Construction Equipment Market Share, By Equipment, By Value, 2019–2029
Figure 32 West India Construction Equipment Market Share, By Propulsion Type, By Value, 2019–2029
Figure 33 West India Construction Equipment Market Share, By Power Output, By Value, 2019–2029
Figure 34 West India Construction Equipment Market Share, By End User, By Value, 2019–2029
List of Tables
Table 1 India Construction Equipment Market Size, By Value (USD Million), 2019–2029
Table 2 India Construction Equipment Market Size, By Solution, By Value, 2019–2029
Table 3 India Construction Equipment Market Size, By Equipment, By Value, 2019–2029
Table 4 India Construction Equipment Market Size, By Propulsion Type, By Value, 2019–2029
Table 5 India Construction Equipment Market Size, By Power Output, By Value, 2019–2029
Table 6 India Construction Equipment Market Size, By End User, By Value, 2019–2029
Table 7 India Construction Equipment Market Size, By Region, By Value, 2019–2029
Table 8 North India Construction Equipment Market Size, By Value (USD Million), 2019–2029
Table 9 North India Construction Equipment Market Size, By Solution, By Value, 2019–2029
Table 10 North India Construction Equipment Market Size, By Equipment, By Value, 2019–2029
Table 11 North India Construction Equipment Market Size, By Propulsion Type, By Value, 2019–2029
Table 12 North India Construction Equipment Market Size, By Power Output, By Value, 2019–2029
Table 13 North India Construction Equipment Market Size, By End User, By Value, 2019–2029
Table 14 South India Construction Equipment Market Size, By Value (USD Million), 2019–2029
Table 15 South India Construction Equipment Market Size, By Solution, By Value, 2019–2029
Table 16 South India Construction Equipment Market Size, By Equipment, By Value, 2019–2029
Table 17 South India Construction Equipment Market Size, By Propulsion Type, By Value, 2019–2029
Table 18 South India Construction Equipment Market Size, By Power Output, By Value, 2019–2029
Table 19 South India Construction Equipment Market Size, By End User, By Value, 2019–2029
Table 20 East India Construction Equipment Market Size, By Value (USD Million), 2019–2029
Table 21 East India Construction Equipment Market Size, By Solution, By Value, 2019–2029
Table 22 East India Construction Equipment Market Size, By Equipment, By Value, 2019–2029
Table 23 East India Construction Equipment Market Size, By Propulsion Type, By Value, 2019–2029
Table 24 East India Construction Equipment Market Size, By Power Output, By Value, 2019–2029
Table 25 East India Construction Equipment Market Size, By End User, By Value, 2019–2029
Table 26 West India Construction Equipment Market Size, By Value (USD Million), 2019–2029
Table 27 West India Construction Equipment Market Size, By Solution, By Value, 2019–2029
Table 28 West India Construction Equipment Market Size, By Equipment, By Value, 2019–2029
Table 29 West India Construction Equipment Market Size, By Propulsion Type, By Value, 2019–2029
Table 30 West India Construction Equipment Market Size, By Power Output, By Value, 2019–2029
Table 31 West India Construction Equipment Market Size, By End User, By Value, 2019–2029
Table 32 Caterpillar Company Overview
Table 33 Caterpillar Financial Overview
Table 34 CNH Industrial America LLC. Company Overview
Table 35 CNH Industrial America LLC. Financial Overview
Table 36 Deere & Company: Company Overview
Table 37 Deere & Company Financial Overview
Table 38 Doosan Corporation Company Overview
Table 39 Doosan Corporation Financial Overview
Table 40 Escorts Limited Company Overview
Table 41 Escorts Limited Financial Overview
Table 42 Hitachi Construction Machinery Co., Ltd. Company Overview
Table 43 Hitachi Construction Machinery Co., Ltd. Financial Overview
Table 44 Hyundai Construction Equipment Co., Ltd. Company Overview
Table 45 Hyundai Construction Equipment Co., Ltd. Financial Overview
Table 46 J C Bamford Excavators Ltd. Company Overview
Table 47 J C Bamford Excavators Ltd. Financial Overview
Table 48 Komatsu Ltd. Company Overview
Table 49 Komatsu Ltd. Financial Overview
Table 50 KUBOTA Corporation Company Overview
Table 51 KUBOTA Corporation Financial Overview

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