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 Building Automation and Control Market (2017-23)

Market Forecast by Types (Relay, Sensors & Dimming & Others), Verticals (Government & Transportation, Retail, Commercial Offices, Residential, Healthcare & Hospitality and Others)

Read More

Saudi Arabia Electric Motor Market (2017–2023)

Market Forecast By Types (AC Motor & DC Motor), Voltage (Low, Medium & High), End Users (Petrochemical, Chemicals & Fertilizers, Oil and Gas, Water & Utilities, Cement, Metals & Mining and Others), Applications (Pump, Fan, Compressor, Conveyors, Extruders and Others...

Read More

India Video Surveillance Market (2017– 2023)

Market Forecast By Surveillance Type (Analog & IP Surveillance), Software (Video Management Software, Video Analytics and Others), By Components (Cameras (Analog and IP), DVR/NVR, Encoders/Decoders)...

Read More

United Kingdom Diesel Genset Market (2017–2023)

Market Forecast By KVA Rating (5-75 KVA Diesel Genset, 75.1-375 KVA Diesel Genset, 375.1-750 KVA Diesel Genset, 750.1-1000 KVA Diesel Genset and 1000 KVA Diesel Genset), By Applications (Retail & Logistic, Manufacturing & Processing...

Read More

Qatar Fire Safety Systems and Equipment Market (2017-2023)

Market Forecast by Types (Fire Suppression Systems & Equipment, Fire Detection System & Equipment & Other Fire Safety Systems & Equipment)...

Read More

Global E-House Market (2017-2023)

Market Forecast by Voltage Type (Low Voltage and Medium Voltage), Applications (Oil & Gas, Industrial, Infrastructure & Transportation, Power Utilities, Mining and Others, Regions (North America (US, Canada and Mexico), Europe ...

Read More

Africa Diesel Genset Market (2017-2023)

Market Forecast by KVA Ratings (5-75 KVA, 75.1-375 KVA, 375.1-750 KVA, 750.1-1000 KVA and Above 1000 KVA), Verticals (Retail and Logistics, Oil & Gas and Power Utility, Commercial Offices (Hospitality, BFSI, IT & ITES), Manufacturing, Rental, Residential and Others

Read More

India Point of Sale (POS) Terminal Market (2017-2023)

Market Forecast by Types (Portable, Countertop, mPOS, PIN Pad and Multimedia), End Users (Healthcare & Hospitality, Retail & e-Commerce, Government & Transportation and Others), Regions (Norther, Southern, Eastern and Western) and Competitive Landscape

Read More

Australia & New Zealand Elevator & Escalator Market (2017-2023)

Market Forecast by Segments (Elevator (Passenger, Home and Cargo Elevator) and Escalator (Moving Stairs and Moving Walkways)), Services (New Installation, Maintenance and Modernization), Verticals (Residential, Commercial and Industrial)

Read More


Our Key Clients
6wreserach client list