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Global & India Heavy Construction Equipment Market to 2031

Publisher Business Market Insights
Published May 01, 2025
Length 100 Pages
SKU # BMKS20051188

Description

India’s infrastructure and construction industry has undergone remarkable growth and transformation in recent years, driven by the country’s rapid economic progress. The construction sector includes both real estate and urban development. The real estate segment covers offices, residential buildings, retail spaces, leisure parks, and hotels, while urban development focuses on areas like sanitation, water supply, schools, urban transport, and healthcare facilities.

Between FY2024 and FY2030, India plans to invest approximately US$1.723 trillion (INR 143 trillion) in infrastructure. In the Interim Budget for 2024–2025, the capital investment for infrastructure was increased by around 11.1% to US$133.86 billion, representing about 3.4% of the country’s GDP.

The growth of smart cities and the development of modern infrastructure to address the needs of the expanding urban population are driving demand for construction equipment in India. Cities such as Bangalore, Hyderabad, and Mumbai are prioritizing the development of water and wastewater treatment facilities, boosting construction activities. Major airports like Indira Gandhi International Airport in Delhi and Chhatrapati Shivaji Maharaj International Airport in Mumbai have also seen significant expansion and modernization efforts. These infrastructure projects are creating substantial demand for heavy construction equipment, fueling market growth over the forecast period.

The construction industry is a key contributor to India’s economy, playing a vital role in GDP growth, employment, and infrastructure advancement. It spans residential, commercial, industrial, and infrastructure construction sectors, with major drivers including rapid urbanization, rising disposable incomes, government policies, and increased foreign investment.

Urbanization: India is witnessing fast urban growth, with millions moving to cities in search of better opportunities. This trend is propelling demand for residential, commercial, and mixed-use developments.

Government Initiatives: Programs such as Housing for All, the Smart Cities Mission, and Pradhan Mantri Awas Yojana (PMAY) emphasize affordable housing and infrastructure development, particularly encouraging construction in Tier 2 and Tier 3 cities.

Infrastructure Development: Significant investments are being directed toward transportation infrastructure including highways, metro rail systems, and airports. Major projects like Bharatmala Pariyojana and Sagarmala aim to improve logistics and connectivity nationwide.

Table of Contents

100 Pages
1. Introduction
1.1 Report Guidance
1.2 Market Segmentation
2. Executive Summary
2.1 Key Insights
3. Research Methodology
3.1 Secondary Research
3.2 Primary Research
3.2.1 Data Triangulation and Validation:
4. India Heavy Construction Equipment Market Landscape
4.1 Overview
4.2 Ecosystem Analysis
4.2.1 List of Vendors in the Value Chain
5. Heavy Construction Equipment Market Key Market Dynamics
5.1 Heavy Construction Equipment Market – Key Market Dynamics
5.2 Market Drivers
5.3 Market Restraints
5.4 Market Opportunities
5.5 Future Trends
5.6 Impact of Drivers and Restraints
6. India Heavy Construction Equipment Market – Analysis
6.1 India Heavy Construction Equipment Market Revenue (US$ Million), 2021–2031
6.2 India Heavy Construction Equipment Market Revenue and Forecast Analysis
7. India Heavy Construction Equipment Market Analysis – by Type
7.1 India Heavy Construction Equipment Market – Revenue and Forecast, 2021–2031 (US$ Million) – by Type
8. India Heavy Construction Equipment Market Analysis – by Power Output
8.1 India Heavy Construction Equipment Market – Revenue and Forecast, 2021–2031 (US$ Million) – by Power Output
9. India Heavy Construction Equipment Market Analysis – by Propulsion Type
9.1 India Heavy Construction Equipment Market – Revenue and Forecast, 2021–2031 (US$ Million) – by Propulsion Type
10. India Heavy Construction Equipment Market Analysis – by End-use Industry
10.1 India Heavy Construction Equipment Market – Revenue and Forecast, 2021–2031 (US$ Million) – by End-use Industry
11. Competitive Landscape
11.1 Heat Map Analysis by Key Players
11.1 Company Positioning and Concentration
12. Industry Landscape
12.1 Overview
12.2 Market Initiative
12.2 Partnerships and Collaborations
12.2 Other Developments
13. Company Profiles
13.1 AB Volvo
13.1. 1 Key Facts
13.1. 2 Business Description
13.1. 3 Products and Services
13.1. 4 Financial Overview
13.1. 5 SWOT Analysis
13.1. 6 Key Developments
13.2 Caterpillar Inc
13.2. 1 Key Facts
13.2. 2 Business Description
13.2. 3 Products and Services
13.2. 4 Financial Overview
13.2. 5 SWOT Analysis
13.2. 6 Key Developments
13.3 Komatsu Ltd
13.3. 1 Key Facts
13.3. 2 Business Description
13.3. 3 Products and Services
13.3. 4 Financial Overview
13.3. 5 SWOT Analysis
13.3. 6 Key Developments
13.4 Hitachi Construction Machinery Co Ltd
13.4. 1 Key Facts
13.4. 2 Business Description
13.4. 3 Products and Services
13.4. 4 Financial Overview
13.4. 5 SWOT Analysis
13.4. 6 Key Developments
13.5 Liebherr-International AG
13.5. 1 Key Facts
13.5. 2 Business Description
13.5. 3 Products and Services
13.5. 4 Financial Overview
13.5. 5 SWOT Analysis
13.5. 6 Key Developments
13.6 Terex Corp
13.6. 1 Key Facts
13.6. 2 Business Description
13.6. 3 Products and Services
13.6. 4 Financial Overview
13.6. 5 SWOT Analysis
13.6. 6 Key Developments
13.7 Doosan Corp
13.7. 1 Key Facts
13.7. 2 Business Description
13.7. 3 Products and Services
13.7. 4 Financial Overview
13.7. 5 SWOT Analysis
13.7. 6 Key Developments
13.8 Deere & Co
13.8. 1 Key Facts
13.8. 2 Business Description
13.8. 3 Products and Services
13.8. 4 Financial Overview
13.8. 5 SWOT Analysis
13.8. 6 Key Developments
13.9 Sany Heavy Industry Co Ltd
13.9. 1 Key Facts
13.9. 2 Business Description
13.9. 3 Products and Services
13.9. 4 Financial Overview
13.9. 5 SWOT Analysis
13.9. 6 Key Developments
13.10 J C Bamford Excavators Ltd
13.10. 1 Key Facts
13.10. 2 Business Description
13.10. 3 Products and Services
13.10. 4 Financial Overview
13.10. 5 SWOT Analysis
13.10. 6 Key Developments
13.11 Hyundai Engineering & Construction Co Ltd
13.11. 1 Key Facts
13.11. 2 Business Description
13.11. 3 Products and Services
13.11. 4 Financial Overview
13.11. 5 SWOT Analysis
13.11. 6 Key Developments
14. Appendix
14.1 About Business Market Insights
14.2 List of Abbreviations
TABLE OF TABLES
Table 1. India Heavy Construction Equipment Market Segmentation
Table 2. List of Vendors
Table 3. India Heavy Construction Equipment Market – Revenue, 2021–2024 (US$ Million)
Table 4. India Heavy Construction Equipment Market – Revenue Forecast, 2025–2031 (US$ Million)
Table 5. India Heavy Construction Equipment Market – Revenue, 2021–2024 (US$ Million) – by Type
Table 6. India Heavy Construction Equipment Market – Revenue Forecast, 2025–2031 (US$ Million) – by Type
Table 7. India Heavy Construction Equipment Market – Revenue, 2021–2024 (US$ Million) – by Power Output
Table 8. India Heavy Construction Equipment Market – Revenue Forecast, 2025–2031 (US$ Million) – by Power Output
Table 9. India Heavy Construction Equipment Market – Revenue, 2021–2024 (US$ Million) – by Propulsion Type
Table 10. India Heavy Construction Equipment Market – Revenue Forecast, 2025–2031 (US$ Million) – by Propulsion Type
Table 11. India Heavy Construction Equipment Market – Revenue, 2021–2024 (US$ Million) – by End-use Industry
Table 12. India Heavy Construction Equipment Market – Revenue Forecast, 2025–2031 (US$ Million) – by End-use Industry
Table 13. List of Abbreviations
TABLE OF FIGURES
Figure 1. Impact Analysis of Drivers and Restraints
Figure 2. India Heavy Construction Equipment Market Revenue, (US$ Million), 2021–2031
Figure 3. Heat Map Analysis by Key Players
Figure 4. Company Positioning and Concentration

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