The India Construction Equipment Market size is estimated at USD 7.30 billion in 2024, and is expected to reach USD 10.90 billion by 2029, growing at a CAGR of 8.30% during …
DetailsIndia construction equipment market is projected to cross $ 8.7 billion by 2028. The sales are expected to reach 1,65,097 units by 2028. ...
DetailsINDIA CONSTRUCTION EQUIPMENT MARKET DYNAMICS. During the last six years, from 2015-16 to 2020-21, the Ministry of Road Transport and Highways (MoRTH) has sanctioned 2,115 works costing Rs 163,302 crores ($22.5 Billion) for expansion and widening of national highways in the country entrusted to state public works departments …
DetailsThe India construction market size was $791.9 billion in 2023 and will achieve an AAGR of more than 5% during 2025-2028. The India construction market research report offers a comprehensive understanding of project types and construction activities in the country. The market report further discusses the key sectors in the …
Details*India has to enhance its infrastructure to reach its 2025 economic growth target of US$ 5 trillion. * India's population growth and economic development require improved transport infrastructure, including investments in roads, railways, and aviation, shipping and inland waterways. * As per the Reserve Bank of India (RBI) in the past 4 years until March …
DetailsThe India construction equipment market is projected to experience a compound annual growth rate (CAGR) of over 8% from 2022 to 2028. By 2028, it is expected to reach a value of over $7.5 billion, up from $5.2 billion in 2022. Additionally, sales in India's construction market are expected to reach 165,097 units by 2028. ...
DetailsMarket Overview: India construction equipment market size is projected to exhibit a growth rate (CAGR) of 8.40% during 2024-2032.The rising investments in smart city projects by government bodies are primarily augmenting …
DetailsThe mining and construction equipment (MCE) industry contracted by 10-12% in CY2020 due to the pandemic-induced economic slowdown, which dragged sales by 39% in H1 CY2020, before a strong demand uptick of ~22% in H2 CY2020, which continued in Q1 CY2021. ... Construction Equipment India's HX35Az mini excavator delivers …
DetailsICEMA 'Vision Plan 2030: Building the Nation' is a well thought out roadmap towards unlocking Indian Construction Equipment (CE) industry's true potential. It is aimed at establishing India as a manufacturing and export hub for Construction Equipment. Vision Plan 2030 has been developed in partnership with the Boston Consulting Group (BCG ...
DetailsICEMA's Industry Data Report acts as a one-stop-shop for current data trends and performance of Indian Construction Equipment (CE) industry. The report is governed by the Industry Analysis and Insights Panel under ICEMA which provides robust and credible market intelligence by collating, generating, and analysing market intelligence.
DetailsIndia Construction Equipment Market was valued at USD 7.8 Billion in 2024 and is expected to reach USD 17.4 Billion by 2033, at a CAGR of 8.16% during the forecast period 2024 – 2033. The construction equipment industry is booming in India. Construction equipment is heavy machinery that performs specific construction and demolition …
DetailsThe Indian Construction Equipment (CE) industry is crucial in this transformation. The CE sector saw substantial growth in the fiscal year 2022-23, with a 26% increase in sales, elevating India to the third-largest CE market in the world. This growth was driven by a 29% increase in domestic sales and a 3% increase in exports.
DetailsCONSTRUCTION EQUIPMENT INDUSTRY MARCH 2024 Industry to witness a degrowth in FY2025 after a two-year upcycle. 2 2 Almost all product segments reported strong (20% or over) YoY growth in 11m FY2024. The dominant ... The volumes in Indian mining and construction equipment industry (MCE) registered a 25% YoY growth ...
DetailsThe global construction equipment market is estimated at US$ 192 billion in 2021 and is expected to grow at a strong CAGR of more than 5% during the forecast period, driven by growing sales in China, India, and Latin American economies. Urbanization and road construction activities are undoubtedly playing a major role in …
DetailsIndia's construction equipment market, meanwhile, outpaced global growth trends with the market estimated at INR208.4bn at the end of last year. Revenue is expected to reach INR461.5bn by 2016, CAGR of 20.5 per cent. Figure 1: Overview of the construction equipment sector . Source: Datamonitor, BMI ...
DetailsICEMA represents OEMs covering 95% of the total CE Industry with their manufacturing facilities set up in India. The Association also represents select component manufacturers, distributors, banks, insurance and financial companies servicing the construction …
DetailsIndia's construction equipment industry is the third largest in the world, generating a turnover of approximately US$8.5 billion annually. The industry is projected to triple in size by 2030 as it plays a pivotal role in building the country's infrastructure and contributing to development activities.
DetailsIndia Construction Equipment Rental Industry Overview The India construction equipment rental market is majorly dominated by few players such as iQuippo, Construction Equipment, ACE Cranes, ABC Infra Equipment Pvt Ltd., Sanghvi Movers Limited (SML), All India Crane Hiring Co., Jainex Group amongst others.
DetailsThe Indian Construction Equipment industry consolidated its positive performance in the current year as CE sales grew by an excellent 31% in Q2 of FY 2023-24, compared to …
DetailsThe Indian Construction Equipment industry consolidated its positive performance in the current year as CE sales grew by an excellent 31% in Q2 of FY 2023-24, compared to Q2 of the last fiscal year. Total equipment sales in Q2 '24 increased to 30,078 units, against 22,941 units sold in Q2 of FY 2022-23. ...
DetailsIndia's construction equipment industry witnessed a 26 per cent rise in sales to 1,35,650 units in the 2023-24 fiscal on the back of the government's infrastructure-led growth …
DetailsIndia construction equipment market is is expected to grow at a CAGR of 8.9% during 2022-2028 KEY HIGHLIGHTS IN THE REPORT. India is the largest market for Backhoe loaders in the world. The equipment is highly flexible, cheaper, and can operate on muddy and uneven surfaces, making it extremely popular in the Indian construction market. ...
DetailsAccording to Shri Nitin Gadkari, Minister of Road Transport and Highways (MoRTH), Indian construction equipment industry has a vital role to play in nation building. He has also …
DetailsIndia's construction equipment sector has a market size of $2 billion, a fraction of the global market of over $75 billion. But the global industry is growing at a measly 5 per cent, whereas in India growth averages around 30 per cent annually.
DetailsConstruction equipment market share in India FY 2021, by type. Market share of construction equipment in India in financial year 2021, by type. Industrial 4 Basic Statistic ...
DetailsInstituted in 1949 as Tractor & Allied Equipment manufacturers and Importers Association Ltd., the association started with 10 Indian member companies, primarily manufacturers and importers of tractors, earthmoving and allied equipment. It was rechristened as Indian Earthmoving & Construction Industry Association Ltd. (IECIAL) in 1986 with the ...
DetailsThe Indian construction equipment market is composed of concrete mixing, road construction equipment, material handling, and earthmoving market segments. In 2020, the road construction equipment ...
DetailsThe volumes in Indian mining and construction equipment industry (MCE) registered a 25% YoY growth in 11M FY2024 as the Government accelerated infrastructure spending …
DetailsIndia's construction equipment industry is expected to grow at a CAGR of 12 per cent to reach $25 billion by the end of this decade, aided by the government's focus on expanding the ...
DetailsThe Construction Equipment industry recorded an overall growth of 26% in sales volumes in the fiscal year 2022-23. Total equipment sales crossed the 1 lakh mark for the first …
DetailsGrowth of Construction Equipment Industry in India - Infographic: Market Size, Sector Composition key Trends and Government Initiatives.
Detailsdriving Indian Construction Equipment industry towards Zero Emission solutions at Bharat Mobility Global Expo 2024 News provided by. Construction Equipment 01 Feb, 2024, 18:47 IST.
DetailsCities Driving Growth - By 2030, cities are expected to generate 70% of India's GDP (, 2011).; The construction industry market in India works across 250 sub-sectors with linkages across sectors. Residential- An estimated 600 Mn people are likely to be living in urban centres by 2030, creating a demand for 25 Mn additional mid-end and …
DetailsPE series jaw crusher is usually used as primary crusher in quarry production lines, mineral ore crushing plants and powder making plants.
GET QUOTE