DUBLIN--(BUSINESS WIRE)--The "India Construction Equipment Market: Market Forecast By Types (Cranes, Earthmoving Equipment), Aerial Work Equipment, Material Handling Equipment, Road Construction Equipment, Dump Trucks, Construction Tractor And Bulldozer), By Applications,?By Regions And Competitive Landscape" report has been added to ResearchAndMarkets.com's offering.

This report thoroughly covers the construction equipment market by equipment type, applications, and regions. The report provides an unbiased and detailed analysis of the on-going market trends, opportunities, high growth areas, market drivers, and market share by companies, which would help stakeholders to devise and align market strategies according to the current and future market dynamics.

India Construction Equipment market is capitalizing on rapid development of infrastructure and construction sector in the country. Growing public & private infrastructure, FDI reforms for construction sector, highway projects and growing economy has led to the overall surge in demand for construction equipment in India. In addition, ambitious government projects such as Smart city, Golden Corridor, Housing for all, restructuring and expansion of railways, etc. are further fueling the growth of India construction equipment market.

The market witnessed a slowdown in 2020 owing to the COVID-19 pandemic, which resulted in halt in construction projects, suspension of economic activities and lockdown across the country. However, with the gradual recovery of economic activities and relaxation in lockdown measures, the market regained its momentum and is expected to rise during the forecast period.

Government activities focused on infrastructure advancement and improvement in financing from non-banking financial companies (NBFCs) are boosting the demand for construction equipment in India.

According to the publisher, India Construction Equipment Market size is projected to grow at CAGR of 23.3% during 2021-27. The growth can be attributed to rising investment in the growing public & private infrastructure, FDI reforms for construction sector, highway projects and growing economy has led to the overall surge of construction equipment market in India. In addition, government ambitious projects such as Smart city, Golden Corridor, Housing for all, restructuring and expansion of railways, etc. would bolster the growth of the construction equipment during the forecast period.

Key Attractiveness of the Report

• 10 Years Market Numbers.
• Historical Data Starting from 2017 to 2020.
• Base Year: 2020
• Forecast Data until 2027.
• Key Performance Indicators Impacting the Market.
• Major Upcoming Developments and Projects.

Key Highlights of the Report

• India Construction Equipment Market Forecast for the Period 2020-2027F
• Historical data & Forecast of India Construction Equipment Market Revenues and Volume, By Equipment Type, for the Period 2020-2027F
• Historical data & Forecast of India Construction Equipment Market data, By Applications, for the Period 2020-2027F
• Historical data & Forecast of India Construction Equipment Market data, By Regions, for the Period 2020-2027F
• India Construction Equipment Market Outlook on Drivers and Restraints
• India Construction Equipment Market Trends
• India Construction Equipment Market - Distribution Channel Analysis
• India Construction Equipment Industry Life Cycle
• Porter's Five Force Analysis
• India Construction Equipment Market Opportunity Assessment
• India Construction Equipment Market Share, By Company
• India Construction Equipment Market Overview on Competitive Benchmarking
• Company Profiles
• Key Strategic Recommendations

Companies Mentioned

• Caterpillar Incorporation
• Hyundai Construction Equipment India Pvt. Ltd.
• JCB India Limited
• Kobelco Construction Equipment India Pvt. Ltd.
• Liugong India Private Limited
• L&T Construction Equipment Limited
• Sany Heavy Industry India Private Limited
• Tata Hitachi Construction Machinery
• Volvo Construction Equipment
• Xuzhou Construction Machinery Group Co., Ltd.
• Liebherr Group

Market Scope and Segmentation

The report provides a detailed analysis of the following market segments:

By Equipment Type

• Cranes
• Tractors & Bulldozers
• Earth Moving Equipment
• Loaders
• Excavators
• Motor Grader
• Material Handling Equipment
• Dump Trucks
• Aerial Work Platform
• Road Construction Work Platform

By Applications

• Construction Sector
• Oil & Gas Sector
• Mining & Quarrying Sector
• Others Sector

By Regions

• Northern Region
• Southern Region
• Eastern Region
• Western Region

For more information about this report visit https://www.researchandmarkets.com/r/jqx8r7

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