Product Code: ETC294744 | Publication Date: Aug 2023 | Updated Date: Aug 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 | |
The India Industrial Equipment Market is projected to witness mixed growth rate patterns during 2025 to 2029. The growth rate begins at 13.58% in 2025, climbs to a high of 14.55% in 2027, and moderates to 13.89% by 2029.
The India industrial equipment market is witnessing robust growth, driven by the rapid expansion of various industrial sectors in the country. Key players in this market offer a diverse range of industrial equipment, including pumps, compressors, conveyors, and material handling systems, to cater to the needs of manufacturing and infrastructure industries. As India continues to invest in industrial automation and advanced manufacturing technologies, the demand for cutting-edge industrial equipment is on the rise. Moreover, government initiatives such as "Make in India" and the expansion of the manufacturing sector are further propelling the growth of the industrial equipment market in India.
The India industrial equipment market is poised for significant growth due to the expanding manufacturing and construction sectors. The increasing investments in infrastructure projects, coupled with government initiatives to promote domestic manufacturing, are key drivers of this market. Furthermore, the demand for automation and technological advancements in industrial processes are contributing factors. The market is also driven by the need to improve productivity, reduce production costs, and adhere to stringent quality and safety standards.
However, the industrial equipment market in India also faces some challenges. The sector must contend with fluctuations in raw material prices and compliance with stringent environmental regulations. Additionally, intense market competition and the need to continually innovate to meet diverse industry demands can be challenging for manufacturers.
During the COVID-19 pandemic, the India industrial equipment market faced challenges due to lockdowns and reduced industrial activities. However, as the economy reopens and infrastructure projects resume, the market is poised to recover.
The India industrial equipment market is highly competitive, with several key players dominating the landscape. Multinational companies such as Siemens AG, Larsen & Toubro Limited, and Hitachi, Ltd. have a significant presence in the market, offering a diverse range of industrial equipment for various industries and applications. These companies provide advanced technologies and engineering solutions to support India manufacturing and infrastructure sectors. Additionally, domestic players like Bharat Heavy Electricals Limited (BHEL) and Voltas Limited also contribute to the market, offering localized equipment and services. Key players in the industrial equipment market are focusing on technological advancements, automation, and digitalization to meet the evolving needs of India industries and enhance productivity and efficiency.
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 Industrial Equipment Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India Industrial Equipment Market Revenues & Volume, 2021 & 2031F |
3.3 India Industrial Equipment Market - Industry Life Cycle |
3.4 India Industrial Equipment Market - Porter's Five Forces |
3.5 India Industrial Equipment Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 India Industrial Equipment Market Revenues & Volume Share, By Operation, 2021 & 2031F |
3.7 India Industrial Equipment Market Revenues & Volume Share, By Capacity, 2021 & 2031F |
4 India Industrial Equipment Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing government focus on infrastructure development projects |
4.2.2 Growing investments in manufacturing sector |
4.2.3 Technological advancements leading to demand for upgraded industrial equipment |
4.3 Market Restraints |
4.3.1 Fluctuating raw material prices impacting production costs |
4.3.2 Regulatory challenges and compliance requirements |
4.3.3 Intense competition from global and local industrial equipment manufacturers |
5 India Industrial Equipment Market Trends |
6 India Industrial Equipment Market, By Types |
6.1 India Industrial Equipment Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 India Industrial Equipment Market Revenues & Volume, By Type, 2021-2031F |
6.1.3 India Industrial Equipment Market Revenues & Volume, By Woodworking and Paper Machinery, 2021-2031F |
6.1.4 India Industrial Equipment Market Revenues & Volume, By Printing Machinery and Equipment, 2021-2031F |
6.1.5 India Industrial Equipment Market Revenues & Volume, By Semiconductor Machinery, 2021-2031F |
6.1.6 India Industrial Equipment Market Revenues & Volume, By Food Product Machinery, 2021-2031F |
6.1.7 India Industrial Equipment Market Revenues & Volume, By Others, 2021-2031F |
6.2 India Industrial Equipment Market, By Operation |
6.2.1 Overview and Analysis |
6.2.2 India Industrial Equipment Market Revenues & Volume, By Autonomous, 2021-2031F |
6.2.3 India Industrial Equipment Market Revenues & Volume, By Semi-Autonomous, 2021-2031F |
6.2.4 India Industrial Equipment Market Revenues & Volume, By Manual, 2021-2031F |
6.3 India Industrial Equipment Market, By Capacity |
6.3.1 Overview and Analysis |
6.3.2 India Industrial Equipment Market Revenues & Volume, By Small, 2021-2031F |
6.3.3 India Industrial Equipment Market Revenues & Volume, By Medium, 2021-2031F |
6.3.4 India Industrial Equipment Market Revenues & Volume, By Large, 2021-2031F |
7 India Industrial Equipment Market Import-Export Trade Statistics |
7.1 India Industrial Equipment Market Export to Major Countries |
7.2 India Industrial Equipment Market Imports from Major Countries |
8 India Industrial Equipment Market Key Performance Indicators |
8.1 Capacity utilization rate of industrial equipment in key sectors |
8.2 Rate of adoption of Industry 4.0 technologies in industrial processes |
8.3 Energy efficiency improvements in industrial equipment |
8.4 Maintenance cost reduction through predictive maintenance technologies |
8.5 Number of new product innovations in the industrial equipment market |
9 India Industrial Equipment Market - Opportunity Assessment |
9.1 India Industrial Equipment Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 India Industrial Equipment Market Opportunity Assessment, By Operation, 2021 & 2031F |
9.3 India Industrial Equipment Market Opportunity Assessment, By Capacity, 2021 & 2031F |
10 India Industrial Equipment Market - Competitive Landscape |
10.1 India Industrial Equipment Market Revenue Share, By Companies, 2024 |
10.2 India Industrial Equipment Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |