THE DIESEL ENGINE INDUSTRY IN INDIA (Multi Client Study)
This report on the diesel engines for construction equipment applications in India focuses on those diesel engines that are required for domestically manufactured machines. The last study by Off-Highway Research on the subject was published five years ago in September 2011.
India represents the third largest market for construction equipment in Asia after China and Japan, and offers great potential to grow further. Diesel engines are generally the prime mover for this application, and therefore have an equally high future market potential.
The construction equipment market in the country was 48,883 units in 2015, which is forecast to grow to 73,595 units in 2020. The country’s exports have grown from 1,574 units in 2011 to 7,719 units in 2015, and are predicted to expand further in future. Accordingly, demand for diesel engines from the construction equipment sector is projected to exceed 80,000 units by 2020.
This in-depth analysis is based on diesel engines utilised in new machines produced by original equipment manufacturers (OEMs) in India, and provides details broken down by product sector, engine supplier and power category over the period 2011 to 2015. The report includes the following products:
Learn how to effectively navigate the market research process to help guide your organization on the journey to success.Download eBook