Evaluating the Emerging Demand for Construction Equipment in India by 2024-25: Demand Growth to Surprise all?

  • ID: 4380313
  • Report
  • Region: India
  • 195 Pages
  • InfraInsights
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FEATURED COMPANIES

  • BEML
  • CAT
  • JCB
  • Mahindra CE
  • Voltas
  • Volvo
  • MORE

India's GDP has started showing signs of recovery, the government recently announced that India's Gross Domestic Product has grown from 7.2% in the December 2015 quarter to 7.9% in the March 2016 quarter. Public spending in Infrastructure sector has started showing results and the GDP numbers indicates that the economy is beginning to turn for good. Softer crude oil prices has helped the government to save precious dollars and the same been utilized in creating infrastructure across roads, highways, ports etc.

Due prolonged period of slump in the construction sector, demand for construction equipment has witnessed complete collapse between 2011 till 2015. While the recovery to peak demand is still few notches away, but the author sees that a faster recovery than anticipated could surprise on an all. Recent number of L&T, the construction conglomerate, seems to be suggesting that the intent announced by Government is getting fructified and the outlook seems quite robust. Some of the marquee investment plans as announced by the Government of India and that promises upswing in demand for construction equipment are as below:

  • Total budgetary provision made for FY17= Rs. 97,000 crore; Target to build 41 km of highways a day
  • Indian Railways Vision 2020 proposes to add 25,000 kms of New Lines by 2020 at an estimated cost of investment of roughly Rs.14,00,000 crore ; Total budgetary provision made for FY17= Rs.121000.00 Crores
  • India plans to increase its capacity of ports to 1.6 billion tons over the next five years; Budgetary allocation for FY17 = Rs. 4183.14 cr. for development of Indian Shipping, Ports, Inland Waterway Sector and Sagarmala Project.
  • Need to build 50 new airports at an investment of $40 bn in the next 10-15 years
  • Long-term Irrigation Fund will be created in NABARD with an initial corpus of about Rs. 20,000 crore

The author is of the view that, even if 50-60% of the proposed investment fructifies, it will lead to doubling of demand for construction equipment. In order to ascertain this view, the author has initiated research on the construction equipment sector and the report is aimed to provide data, information, analysis and insights, driven from detailed primary research. Report will provide, detailed portfolio analysis of different equipment supplied by different OEMs, current demand and projected demand, usage thumb rules across different industry, demand for equipment under lease model etc..

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Note: Product cover images may vary from those shown
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FEATURED COMPANIES

  • BEML
  • CAT
  • JCB
  • Mahindra CE
  • Voltas
  • Volvo
  • MORE

1. Executive Summary

2. Research Approach & Methodology

3. Construction Equipment market & application landscape

  • Competition landscape
  • Business models
  • Imports vs Exports

4. Construction Activity in India - Key Trends

5. Key market trends

  • Demand for Construction Equipment
  • Key growth drivers
  • Key challenges

6. Market for construction equipment market in FY2016-17 [Equipment to be covered : Backhoe Loader, Wheel Loader, Excavator, Tipper Trucks, Motor Grader, Pavers, Soil Compactors, Fork Lift Trucks, Cranes]

  • Market by equipment type
  • Market by OEMs
  • Market by Domestic Vs Imports
  • Market by Region
  • Market by Direct Vs Channel
  • Market by Leaser Vs Own
  • Market by end use segment

7. Assessing construction equipment usage norms for different industries

  • Realty
  • Roads & Highways
  • Railways
  • Metros
  • Irrigation
  • Dams
  • Pipeline
  • Dredging
  • Power
  • Ready Mix Concrete

8. Assessing procurement norms - lease vs own

9. Key demand growth drivers: Mapping different announced, planned & upcoming Infrastructure projects that will drive demand for construction equipment

  • Inland Water Ways
  • Roads & Highways
  • Railways
  • Smart City
  • Power

10. Projecting demand for construction equipment - Optimistic & Realistic Scenario

  • By year till 2024-25
  • By end use sectors
  • By states
  • By own vs lease

11. Competitive Analysis of OEMs in India market

  • Equipment portfolio mapping
  • Manufacturing Locations
  • Technology tie-ups
  • Manufacturing capacity
  • Financial Analysis
  • Future Plans

12. User preference for make and type of construction equipment

13. Construction Equipment Financing Market in India

14. M&A Possibilities in the sector

15. GTM portfolio to tap the booming construction equipment market in India

16. Detailed Profile of Key OEMs

  • JCB
  • Volvo
  • BEML
  • Mahindra CE
  • L&T Construction & Mining Machinery
  • Schwing Stetter India Pvt Ltd
  • CAT
  • Voltas
Note: Product cover images may vary from those shown
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  • BEML
  • CAT
  • JCB
  • L&T Construction & Mining Machinery
  • Mahindra CE
  • Schwing Stetter India Pvt Ltd
  • Voltas
  • Volvo
Note: Product cover images may vary from those shown
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Note: Product cover images may vary from those shown
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