6wresearch logo

India's construction market to be third largest in the world by 2025

January 11, 2016

According to 6Wresearch's new report, India Construction Equipment Market (2016-22), India has become a key global market for construction equipment. The construction market contributes nearly 7 per cent to India's GDP. Further, by 2025, India's construction market is expected to emerge as the third largest in the world.

According to the report, the government vertical is the leading revenue generating segment for the construction market, led by various public infrastructure projects. India's construction equipment market is largely import-driven, especially in the higher load capacity segment.

Rajat Kharbanda, senior research analyst, research and consulting, 6Wresearch, says, "The construction vehicle segment accounted for the largest revenue share of India's construction equipment market, followed by earth-moving equipment, concrete equipment and material handling. Government of India's Make in India campaign, the smart cities project and the housing-for-all scheme covered in over 300 cities would provide necessary boost to the demand for construction equipment in the years to come."

Media Source: Business Standard

      Browse More Report

India 15HP & Above Coupled Self Priming Pumps Market (2018-2024)

Market Forecast By Types (Electric and Diesel), By Horse Power Range (15-100 HP, 100.1-200 HP and Above 200 HP), By Head Range (Below 30 m, 30-50 m, 50.1-100 m, 100.1-200 m and Above 200 m), By Applications (Industrial, Mining and Water & Wastewater), By Regions...

Read More

South East Asia Diesel Genset Market (2018-2024)

Market Forecast By KVA Rating (5 - 75 kVA, 75.1 - 375 kVA, 375.1 - 750 kVA, 750.1 - 1000 kVA and Above 1000 kVA), By Applications (Residential, Hospitality, Commercial, Healthcare, Retail, Manufacturing, Oil & Gas and Power Utilities, Infrastructure & Transportation and Others ...

Read More

Europe Load Break Switch and Recloser Market (2018-2024)

Market Forecast By Voltage Rating (< 27 Kv and 27 KV & Above), By Insulation Type (Residential, Hospitality, Commercial, Healthcare, Retail, Manufacturing, Oil & Gas and Power Utilities, Infrastructure & Transportation and Others including Construction, BFSI and Education)...

Read More

Middle East Load Break Switch and Recloser Market (2018-2024)

Market Forecast By Voltage Rating (< 27 Kv and 27 KV and Above), By Insulation Type (Gas, Vacuum and Others), By End Users (Distribution Utilities and Others including Railway and Industrial), By Countries (Saudi Arabia, UAE, Qatar, Kuwait, Bahrain, Oman...

Read More

Saudi Arabia Structured Cabling Market (2018-2024)

Market Forecast By Product Types (Cables (Copper and Fiber Optics), Components (Communication Outlets, Patch Panels & Cross Connects, Patch Cords & Cable Assemblies and Racks & Cabinets)), By Applications (Commercial, Residential, Industrial, Education...

Read More

India Lead Acid Market (2018-2024)

Market Forecast By Types (SLI (Starting Lighting Ignition), Stationary and Motive/Traction), By Construction Method (Flooded and VRLA), By Applications (Automotive, Telecommunications, UPS & Inverter, Electric Vehicles & Renewable Energy and Others), By Capacity...

Read More

Malaysia Power Rental Market (2018-2024)

Market Forecast By Types (Diesel Genset and Gas Genset), By KVA Rating (Diesel Genset (Up to 100 KVA, 100.1 KVA- 350 KVA, 350.1 KVA-750 KVA, 750.1 KVA-1000 KVA and Above 1000 KVA), Gas Genset (Up to 500 KVA and Above 500 KVA)), By Applications...

Read More

United States Building Energy Management Systems Market (2018-2024)

Market Forecast By Components & Services (Hardware, Software and Services), By Hardware Components (Sensors, Controllers, Actuators and Others including Smart Meters and Gateways), By End Users (Residential, Commercial and Industrial), By Applications...

Read More

Middle East Automated Fare Collection System Market (2018-2024)

Market Forecast By AFC Technology (Near-Field Communication, Magnetic Strips & Tokens and Smart Cards), By Applications (Metro Railway (Ticket Vending Machine (TVM), Ticket Office Machine (TOM), Fare Gates, Smart Card Ticketing, Central Computer and Station Infrastructure)...

Read More

Middle East and Africa Uninterruptible Power Supply (UPS) Market (2018-2024)

Market Forecast By KVA Rating (Below 1.1 KVA, 1.1 KVA - 5 KVA, 5.1 KVA - 20 KV, 20.1 KVA - 50 KVA, 50.1 KVA - 200 KVA and Above 200 KVA), By Applications (Commercial (Education, Offices, Healthcare, Hospitality, BFSI, Data Centers and Others including Retail, Government Buildings and Transportation Infrastructure), Industrial and Residential)), By Countries...

Read More

Saudi Arabia Air Conditioner Market (2018-2024)

Market Forecast By Types (Window AC, Split AC, Ceiling Concealed, Packaged AC, Floor Standing, Cassette Type and Centralized (VRF, AHU/FCU, Condensing Unit, Chiller and Others)), By Applications (Residential, Commercial & Retail, Hospitality, Oil & Gas, Healthcare and Others)...

Read More


Our Key Clients
6wreserach client list


6Wresearch Events
6wreserach events