Product Code: ETC089023 | Publication Date: Aug 2023 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 |
India Bulldozer Market registered a growth of 40.35% in value shipments in 2022 as compared to 2021 and a decrease of -14.33% CAGR in 2022 over a period of 2017. In Bulldozer Market India is becoming less competitive as HHI index in 2022 was 4276 while in 2017 it was 3861. Herfindahl Index measures the competitiveness of exporting countries. The range lies from 0 to 10000, where a lower index number represents a larger number of players or exporting countries in the market while a large index number means less numbers of players or countries exporting in the market. India has reportedly relied more on imports to meet its growing demand in Bulldozer Market.
India is shifting towards local production to meet its demand as we see the trend is shifting towards reducing imports. The import factor of Bulldozer Market in 2022 was 1.68 while in 2017 it was 7.27. Thailand, China, Oman, Brazil and Belgium were among the top players of the market in 2022, where Thailand acquired the largest market share of 63.34% with a shipment value of 11.02 million USD in 2022 Thailand also offered the product above the average market price, but remained at the leadership position indicating the trust it holds in the Bulldozer Market. In 2017 Japan had the largest market share of 57.99% with the shipment value of 18.19 million USD. The country was offering its product with an average price which is higher than the average market price offered in the country. Although Japan offers its product above the market average price, it remained at the leadership position indicating the brand value it holds in the India Bulldozer Market in 2017.
Indiabulldozer market is projected to witness a considerable growth during the forecast period.The increasing demand for earth moving and construction equipment in India, especially in the infrastructure sector, is expected to propel the growth of the bulldozers market. Further, government initiatives such as `Make in India` and `Smart Cities Mission` are also providing impetus to this market. Moreover, infrastructural development projects like Bharatmala Pariyojana will further boost sales of these machines across India over time.
Increasing Infrastructure Development Initiatives by Government â Significant investments made by government authorities towards development & expansion of road networks/highways coupled with urbanization & industrialization trends will enable positive Outlook for bull dozer sales in future.Rising Mining Activity â Growing inclination towards mineral exploration activities backed by government reforms would fuel requirement for earthmoving equipment such mining tools like Bulldozers.Growing Agricultural Production - Rising crop yield expectations due irrigation improvement programs & new technological implementations will propel industry demand
High Maintenance Cost,while Bulldozers have proven their worth throughout many different heavy duty applications they come at a hefty price tag with regard maintenance costs associated with keeping them running smoothly year after year can be quite costly & require skilled labour often times making them less attractive from an operational standpoint than other more modern pieces of machinery available on todayâs market place.
The India Bulldozer market is highly competitive, with a number of major players such as John Deere, Caterpillar, and JCB competing for the leading share in the industry. These companies offer a wide range of bulldozers to meet various requirements of customers across different industries. Other notable players include Komatsu, Case Construction Equipment, Doosan Infracore India Pvt Ltd., Terex India Private Limited and Navistar Group among others. With so many choices available in the market these days it is important for buyers to do their research before making any purchase decisions.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 India Bulldozer Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India Bulldozer Market Revenues & Volume, 2020 & 2027F |
3.3 India Bulldozer Market - Industry Life Cycle |
3.4 India Bulldozer Market - Porter's Five Forces |
3.5 India Bulldozer Market Revenues & Volume Share, By product Type, 2020 & 2027F |
3.6 India Bulldozer Market Revenues & Volume Share, By Type, 2020 & 2027F |
3.7 India Bulldozer Market Revenues & Volume Share, By Engine Capacity, 2020 & 2027F |
3.8 India Bulldozer Market Revenues & Volume Share, By End-Users, 2020 & 2027F |
4 India Bulldozer Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 India Bulldozer Market Trends |
6 India Bulldozer Market, By Types |
6.1 India Bulldozer Market, By product Type |
6.1.1 Overview and Analysis |
6.1.2 India Bulldozer Market Revenues & Volume, By product Type, 2018 - 2027F |
6.1.3 India Bulldozer Market Revenues & Volume, By Crawler Bulldozers, 2018 - 2027F |
6.1.4 India Bulldozer Market Revenues & Volume, By Wheeled Bulldozers, 2018 - 2027F |
6.1.5 India Bulldozer Market Revenues & Volume, By Others, 2018 - 2027F |
6.2 India Bulldozer Market, By Type |
6.2.1 Overview and Analysis |
6.2.2 India Bulldozer Market Revenues & Volume, By Small Bulldozers, 2018 - 2027F |
6.2.3 India Bulldozer Market Revenues & Volume, By Mid-Size Bulldozers, 2018 - 2027F |
6.2.4 India Bulldozer Market Revenues & Volume, By Large Bulldozers, 2018 - 2027F |
6.3 India Bulldozer Market, By Engine Capacity |
6.3.1 Overview and Analysis |
6.3.2 India Bulldozer Market Revenues & Volume, By Less Than 5L, 2018 - 2027F |
6.3.3 India Bulldozer Market Revenues & Volume, By 5L-10L, 2018 - 2027F |
6.3.4 India Bulldozer Market Revenues & Volume, By More Than 10L, 2018 - 2027F |
6.4 India Bulldozer Market, By End-Users |
6.4.1 Overview and Analysis |
6.4.2 India Bulldozer Market Revenues & Volume, By Military, 2018 - 2027F |
6.4.3 India Bulldozer Market Revenues & Volume, By Construction, 2018 - 2027F |
6.4.4 India Bulldozer Market Revenues & Volume, By Infrastructure, 2018 - 2027F |
6.4.5 India Bulldozer Market Revenues & Volume, By Mining, 2018 - 2027F |
6.4.6 India Bulldozer Market Revenues & Volume, By Agriculture, 2018 - 2027F |
6.4.7 India Bulldozer Market Revenues & Volume, By Others, 2018 - 2027F |
7 India Bulldozer Market Import-Export Trade Statistics |
7.1 India Bulldozer Market Export to Major Countries |
7.2 India Bulldozer Market Imports from Major Countries |
8 India Bulldozer Market Key Performance Indicators |
9 India Bulldozer Market - Opportunity Assessment |
9.1 India Bulldozer Market Opportunity Assessment, By product Type, 2020 & 2027F |
9.2 India Bulldozer Market Opportunity Assessment, By Type, 2020 & 2027F |
9.3 India Bulldozer Market Opportunity Assessment, By Engine Capacity, 2020 & 2027F |
9.4 India Bulldozer Market Opportunity Assessment, By End-Users, 2020 & 2027F |
10 India Bulldozer Market - Competitive Landscape |
10.1 India Bulldozer Market Revenue Share, By Companies, 2020 |
10.2 India Bulldozer Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |