India Excavators Market (2020-2026) | Industry, Share, Forecast, Companies, Value, Trends, Size, Revenue, Growth, Analysis, Outlook & COVID-19 IMPACT

Market Forecast By Types (Mini/Compact Excavator, Crawler Excavator, Wheeled Excavator & Other Excavator), By Power Range (0-300 HP, 301-500 HP, 501 & above HP), By Applications (Construction, Forestry & Agriculture, Mining and Others (Municipality, Road Construction)), By End-User (Contractor, Rental Provider & Other) and competitive landscape

Product Code: ETC002339 Publication Date: Aug 2023 Updated Date: Apr 2024 Product Type: Report
Publisher: 6Wresearch No. of Pages: 70 No. of Figures: 35 No. of Tables: 5

India Excavators Market Shipment Analysis

India Excavators Market registered a growth of 24.12% in value shipments in 2022 as compared to 2021 and an increase of 6.37% CAGR in 2022 over a period of 2017. In Excavators Market India is becoming less competitive as HHI index in 2022 was 2803 while in 2017 it was 2387. 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 domestic production to meet its growing demand in Excavators Market.

India Excavators Market Competition 2023


India Export Potential Assessment For Excavators Market (Values in Thousand)


India Excavators Market size is expected to grow during the forecast period due to rising urbanization, population, industrialization, and construction sector across India. Investment of foreign direct investment in the country, rising government spending in infrastructure and construction projects are some of the key growth drivers of the India Excavator market. However, the lack of product differentiation and the threat of low-cost Chinese products are the major restraint factors behind the slow growth of excavators in India. The incursion of novel coronavirus would impact the growth of the construction and transportation sector in India which may act as a hurdle in the growth of the India Excavator market over the coming years.

According to 6WresearchIndia Excavators Market size is likely to witness growth during 2020-2026. Growing private and public infrastructure projects, increasing economic development activities as well as increasing government focus on certain key projects such as Golden Corridor, Housing for all, Smart City, an extension of metros, rail and road network across the country are some of the major factors which would drive the demand for construction equipment in India over the upcoming years.

Based on excavator type, the crawler excavator dominates the overall India Excavator market due to its higher capacity to carry loads and is suitable for application in muddy conditions. Expanding infrastructure and developing natural resources is expected to drive the growth of the rising construction industry in India.

Some of the key players in the India excavator market are Caterpillar Inc., TATA Hitachi, Komatsu, JCB, Doosan Excavator, and Liebherr Crawler Excavator.

The India Excavators market report thoroughly covers the market by types, power range, application, end-user, and regions including Northern, Eastern, Western, and Southern. India Excavators' market outlook report provides an unbiased and detailed analysis of the on-going India Excavators market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.

India Excavator Market is projected to register sound revenues during the forecast period 2020-26F backed by rising growth of the residential sector coupled with increased disposable income which is encouraging the sub-urban population to invest in premium household construction and this is anticipated to benefit the excavator market to seek plummeted demand as the construction in the residential sector witnessed a spur in the country. Further, rising government efforts to make smart cities in the country is anticipated to promote multiple construction activities across the country and efficient establishment of the same can be made successful by using adequate and correct construction equipment which is estimated to not only shape the construction sector in the country but also benefit the India excavator market growth in the foreseeable future.

Key Highlights of the Report

  • India Excavators  Market Overview
  • India Excavators  Market Outlook
  • India Excavators  Market Forecast
  • Historical Data of India Excavators Market Revenues and Volumes for the Period 2016-2019.
  • Market Size & Forecast of India Excavators Market Revenues and Volumes, Until 2026.
  • Historical Data of India Excavators Market Revenues and Volumes, by Types, for the Period 2016-2019.
  • Market Size & Forecast of India Excavators Market Revenues and Volumes, by Types, Until 2026.
  • Historical Data of India Excavators Market Revenues and Volumes, by Power Range, for the Period 2016-2019.
  • Market Size & Forecast of India Excavators Market Revenues and Volumes, by Power Range, Until 2026.
  • Historical Data of India Excavators Market Revenues and Volumes, by Applications, for the Period 2016-2019
  • Market Size & Forecast of India Excavators Market Revenues and Volumes, by Applications, Until 2026
  • Historical Data of India Excavators Market Revenues and Volumes, by End User, for the Period 2016-2019
  • Market Size & Forecast of India Excavators Market Revenues and Volumes, by End User, Until 2026
  • Historical Data of India Excavators  Market Revenues and Volumes, by Regions, for the Period 2016-2019
  • Market Size & Forecast of India Excavators  Market Revenues and Volumes, by Regions, Until 2026
  • Market Drivers and Restraints
  • India Excavators  Market Trends and Industry Life Cycle
  • Porter’s Five Forces Analysis
  • Market Opportunity Assessment
  • India Excavators  Market Share, By Countries
  • India Excavators  Market Share, By Companies
  • India Excavators  Market Overview on Competitive Benchmarking
  • Company Profiles
  • Key Strategic Recommendations

Markets Covered

The India Excavators market report provides a detailed analysis of the following market segments:

  • By Types:
    • Mini/Compact Excavator
    • Crawler Excavator
    • Wheeled Excavator
    • Other Excavator

  • By Power Range:
    • 0-300 HP
    • 301-500 HP
    • 501 & above HP

  • By Applications:
    • Construction
    • Forestry & Agriculture
    • Mining
    • Others (Municipality, Road Construction)

  • By End-User:
    • Contractor
    • Rental Provider
    • Other

  • By Regions:
    • Northern
    • Eastern
    • Western
    • Southern

Other Related Reports Include:

  • China Excavators Market Report
  • Japan Excavators Market Report
  • Indonesia Excavators Market Report
  • Australia Excavators Market Report
  • Thailand Excavators Market Report
Frequently Asked Questions About the Market Study (FAQs):
Yes, we provide customisation as per your requirements. To learn more, feel free to contact us on sales@6wresearch.com

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 Excavators Market Overview

    3.1 India Excavators Market Revenues & Volume (2016-2026)

    3.2 India Excavators Market Industry Life Cycle

    3.3 India Excavators Market Porter’s Five Forces Model

 3.4 India Excavator Market Revenue & Volume Share, By Type, 2019 & 2026F

 3.5 India Excavator Market Revenue & Volume Share, By Power Range, 2019 & 2026F

 3.6 India Excavator Market Revenue & Volume Share, By Applications, 2019 & 2026F

 3.7 India Excavator Market Revenue & Volume Share, By End User, 2019 & 2026F

    3.8 India Excavators Market Revenue Share, By Regions 2019 & 2026F

4 India Excavators Market Dynamics

    4.1 Impact Analysis

    4.2 Market Drivers

    4.3 Market Restraints

5 India Excavators Market Trends

6 India Excavators Market - Distribution Channel Analysis

7 India Excavators Market - Price Trend Analysis

8 India Excavators Market Overview, By Types

    8.1 India Excavators Market Revenues, By Mini/Compact Excavator (2016-2026)

    8.2 India Excavators Market Revenues, By Crawler Excavator (2016-2026)

    8.3 India Excavators Market Revenues, By Wheeled Excavator (2016-2026)

    8.4 India Excavators Market Revenues, By Other Excavator (2016-2026)

9 India Excavators Market Overview, By Power Range

    9.1 India Excavators Market Revenues, By 0-300 HP (2016-2026)

    9.2 India Excavators Market Revenues, By 301-500 HP (2016-2026)

    9.3 India Excavators Market Revenues, By 501 & above HP (2016-2026)

10 India Excavators Market Overview, By Applications

    10.1 India Excavators Market Revenues, By Construction Application (2016-2026)

    10.2 India Excavators Market Revenues, By Forestry & Agriculture Application (2016-2026)

    10.3 India Excavators Market Revenues, By Mining Application (2016-2026)

    10.4 India Excavators Market Revenues, By Other Applications (2016-2026)

11 India Excavators Market Overview, By End User

    11.1 India Excavators Market Revenues, By Contractor (2016-2026)

    11.2 India Excavators Market Revenues, By Rental Provider (2016-2026)

    11.3 India Excavators Market Revenues, By Other (2016-2026)

12 India Excavators Market Overview, By Regions

    12.1 India Excavators Market Revenues, By Northern Region (2016-2026)

    12.2 India Excavators Market Revenues, By Southern Region (2016-2026)

    12.3 India Excavators Market Revenues, By Eastern Region (2016-2026)

    12.4 India Excavators Market Revenues, By Western Region (2016-2026)

13 India Excavators Market - Government Initiatives / Regulations

14 India Excavators Market - Key Performance Indicators

15 India Excavators Market Opportunity Assessment

    15.1 India Excavators Market Opportunity Assessment, By Types (2026F)

    15.2 India Excavators Market Opportunity Assessment, By Applications (2026F)

16 India Excavators Market Competitive Landscape

    16.1 India Excavators Market, By Players’ Revenue Share (2019)

    16.2 India Excavators Market, By Players’ Competitive Benchmarking, By Operating Parameters

17 Company Profiles

18 Key Strategic Pointers

19 Disclaimer

Saudi Arabia Excavators Market (2020-2026): Market Forecast By Types (Mini/Compact Excavator, Crawler Excavator, Wheeled Excavator & Other Excavator), By Power Range (0-300 HP, 301-500 HP, 501 & above HP), By Applications (Construction, Forestry & Agriculture, Mining and Others (Municipality, Road Construction)), By End-User (Contractor, Rental Provider & Other) and competitive landscape

Nigeria Excavators Market (2020-2026): Market Forecast By Types (Mini/Compact Excavator, Crawler Excavator, Wheeled Excavator & Other Excavator), By Power Range (0-300 HP, 301-500 HP, 501 & above HP), By Applications (Construction, Forestry & Agriculture, Mining and Others (Municipality, Road Construction)), By End-User (Contractor, Rental Provider & Other) and competitive landscape

Middle East Excavators Market (2020-2026): Market Forecast By Types (Mini/Compact Excavator, Crawler Excavator, Wheeled Excavator & Other Excavator), By Power Range (0-300 HP, 301-500 HP, 501 & above HP), By Applications (Construction, Forestry & Agriculture, Mining and Others (Municipality, Road Construction)), By End-User (Contractor, Rental Provider & Other), By Countries (Saudi Arabia, Qatar, UAE, Kuwait, Oman, Turkey, Bahrain & Rest of Middle East (Iraq, Lebanon, Bahrain, Jordan)) and competitive landscape

Kenya Excavators Market (2020-2026): Market Forecast By Types (Mini/Compact Excavator, Crawler Excavator, Wheeled Excavator & Other Excavator), By Power Range (0-300 HP, 301-500 HP, 501 & above HP), By Applications (Construction, Forestry & Agriculture, Mining and Others (Municipality, Road Construction)), By End-User (Contractor, Rental Provider & Other) and competitive landscape

Asia Pacific (APAC) Excavators Market (2020-2026): Market Forecast By Types (Mini/Compact Excavator, Crawler Excavator, Wheeled Excavator & Other Excavator), By Power Range (0-300 HP, 301-500 HP, 501 & above HP), By Applications (Construction, Forestry & Agriculture, Mining and Others (Municipality, Road Construction)), By End-User (Contractor, Rental Provider & Other), By Countries (India, China, Myanmar, South Korea, Philippines, Cambodia, Malaysia, Japan, Australia, Indonesia & Rest of the Asia Pacific) and competitive landscape

Africa Excavators Market (2020-2026): Market Forecast By Types (Mini/Compact Excavator, Crawler Excavator, Wheeled Excavator & Other Excavator), By Power Range (0-300 HP, 301-500 HP, 501 & above HP), By Applications (Construction, Forestry & Agriculture, Mining and Others (Municipality, Road Construction)), By End-User (Contractor, Rental Provider & Other), By Key Countries (South Africa, Kenya, Nigeria & Rest of Africa) and competitive landscape

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