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This content is a press release from our partner Business Wire. The AP newsroom and editorial departments were not involved in its creation.

Indian Construction Equipment Market, 2019 - OEMs Dossier - ResearchAndMarkets.com

February 15, 2019

DUBLIN--(BUSINESS WIRE)--Feb 15, 2019--The “Indian Construction Equipment Market - 2019 - OEMs Dossier” report has been added to ResearchAndMarkets.com’s offering.

The Report

This report provides a comprehensive blend of quantitative and qualitative analysis on the OEMs. This user-friendly and detailed yet compact presentation style dossier provides detailed information on existing industry OEMs with the scope of analysis covering the following concentric spheres led by Business Structure & Snapshot, Industrial Footprint in India & International Presence, Product Portfolio & Competitors and Analysis on Strategic Initiatives, Significant Developments and Key Plans. The report will be extremely useful as a guide and ready reckoner on Key Construction Equipment Manufacturing OEMs in India.

The Market

The Indian Construction Equipment market has been on a major upswing since 2015 with the sales of construction equipment growing by 24% and crossing the 90,000 unit sales milestone for FY 2017-18, propelled by significant tailwinds with the current government’s laser-sharp focus on infrastructure development and a broad-based macroeconomic push backed by the pursuit of a favorable policy regime has led to India becoming one of the fastest infrastructure developing countries in the world with almost 27 km of highways being developed on a daily basis across the country.

The infrastructure spending level stood at 9% of GDP for the 12th five year plan (FY13-17). The latest budgetary allocations for FY2019-2020 indicate towards a continued growth momentum with the inclusion of a 4.56 lakh crore outlay towards infrastructure development focused on railways, roads, aviation & waterways. There has been a 21% year on year increase in funds allocation towards railways infrastructure development along with a strong focus on rural roads development for FY2019-2020 which is likely to further drive the sales of construction equipment in India going forward.

Construction equipment sales in India have traditionally been dominated by earthmoving equipment led by the ubiquitous & versatile backhoe loader followed by crawler excavators. The equipment sales touched the peak of 90,000 units in FY2017-18 with a favorable overall environment and strong push & momentum for infrastructure development. The FY2018-19 is likely to be another record year for the industry with the reduction in GST rates on construction equipment from 28% to 18% in late 2017 providing a major boost to equipment sales in 2018. Near term market growth projections, too, remain robust with India to be the fastest growing economy in the world in 2019 & 2020, as per IMF’s latest forecasts made in January 2019.

Against this backdrop, this unique OEMs Dossier provides a broad as well as bird’s eye view on key construction equipment OEMs in the Indian market.

Usefulness:

Provides Macro View and Big Picture Quickly Blend of Quantitative & Qualitative Analysis Comprehensive & Compact Significant Time Savings Visual Representation Presentation Style Template & Format Superior & Enriched User Experience with Incorporation of Relevant Images

Key Topics Covered

Business Structure & Snapshot

1. Founded/Start of Operations in India

2. Headquartered

3. Key Business Segments

4. Products & Services Portfolio

5. Revenue Base (For listed companies)

6. Profitability (For listed companies)

7. Market Capitalization (For listed companies)

8. Key Executives

9. Paid Up Capital

10. Shareholding/Ownership Structure

11. Estimated Number of Employees

12. India Head Office

Industrial Footprint in India & International Presence

13. Manufacturing Facilities in India - Assembly Lines and Component Manufacturing

14. R&D Facilities

15. Design, Engineering & Technology Centers

16. Sales & Distribution and After Sales Service Network

17. JVs & Strategic Alliances

Product Portfolio & Competitors

18. Major Product Platforms in India

19. Key Programs & Models

20. Key Competitors

Strategic Initiatives, Developments & Plans

21. Strategic Initiatives

22. Significant Developments

23. Key Plans - Near to Medium Term

Companies Mentioned

Action Construction Equipment Limited (ACE) Bharat Earth Movers Limited (BEML) CASE New Holland Construction Equipment (India) Pvt. Ltd. Caterpillar India Pvt. Ltd. Escorts Construction Equipment Limited JCB India Limited Kobelco Construction Equipment India Pvt. Ltd. Komatsu India Pvt. Ltd. Tata-Hitachi Construction Machinery Co. Ltd. Terex India Pvt. Ltd. Volvo India Pvt. Ltd.

For more information about this report visit https://www.researchandmarkets.com/research/2v2tgk/indian?w=4

View source version on businesswire.com:https://www.businesswire.com/news/home/20190215005216/en/

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Related Topics:Heavy Machinery

KEYWORD: ASIA PACIFIC INDIA

INDUSTRY KEYWORD: CONSTRUCTION & PROPERTY OTHER CONSTRUCTION & PROPERTY

SOURCE: Research and Markets

Copyright Business Wire 2019.

PUB: 02/15/2019 07:10 AM/DISC: 02/15/2019 07:10 AM

http://www.businesswire.com/news/home/20190215005216/en