India Construction Equipment Market Report 2022

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26 May, 2022, 11:15 ET

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DUBLIN, May 26, 2022 /PRNewswire/ -- The "India Construction Equipment Market - Strategic Assessment & Forecast 2022-2028" report has been added to ResearchAndMarkets.com's offering.

India construction equipment market is is expected to grow at a CAGR of 8.9% during 2022-2028The report considers the present scenario of the Indian construction equipment market and market dynamics for the forecast period 2022-2028. It covers a detailed overview of several growth enablers, restraints, and trends in the market. The study includes the volume and value sales with a segment analysis of the Indian construction equipment market.

The earthmoving segment is the largest in the Indian construction industry, followed by material handling and road construction equipment. Excavators and Backhoe loaders were the fast-growing major construction equipment in the market in 2021.

The demand for excavators and backhoe loaders will rise due to various government investments in infrastructure development, growth in renewable energy and the country's mining industries.

JCB is the leading manufacturer of Backhoe loaders in India. ACE is India's leading material handling and construction equipment manufacturing company with a majority market share in hydraulic cranes, mobile cranes and tower cranes segment.

KEY HIGHLIGHTS IN THE REPORT

Key Vendors

Distributor Profile

Key Topics Covered: Section 1 - Introduction

Section 2 - the Market Overview

Section 3 - India Construction Equipment (Type & Application)

Section 4: Market Dynamics

Section 5: Technology Development

Section 6 - Competitive Landscape

Section 7-Quantitative Summary

Section 8 - Report Summary

Section 9 - Report Scope & Definition

For more information about this report visit https://www.researchandmarkets.com/r/1cxzg0

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SOURCE Research and Markets