India Concrete mixer Market | Industry, Revenue, Analysis, COVID-19 IMPACT, Growth, Size, Forecast, Trends, Value, Share & Companies

India Concrete mixer Market Synopsis

India concrete mixer market is expected to grow at a CAGR of around 5.8% during the forecast period (2023-2029). The growth in this market can be attributed to various factors such as increasing infrastructure & construction activities, rising demand for ready mix concrete and growing urbanization.

Market Drivers

Growing Infrastructure & Construction Activities: With an aim to develop India cities and rural areas, the Government of India has been investing extensively in infrastructure projects. This has propelled the growth of the construction industry which, in turn, will drive the demand for concrete mixers across different regions. Increasing Demand For Ready Mix Concrete: Ready mix concrete is increasingly being used due to its multiple benefits such as better workability on site and improved strength properties over ordinary mixes. This factor has led to higher adoption of ready-mix concretes by contractors which will further increase the demand for concrete mixers in India.

Challenges of the Market

High Cost Of Machinery And Spare Parts: High cost associated with setting up a plant or purchasing new machinery leads to high capital costs which is one of major challenges faced by players operating in this sector. In addition, spare parts required for repair or maintenance works are also expensive thus resulting into slow take -up rate from buyers who cannot afford them.

Key Players in the Market

Some key players operating in India Concrete Mixer Market include Ajax Fiori Engineering India Pvt Ltd., BHS Sonthofen GmbH., ELKON Concrete Batching Plants , KYB-Conmat Pvt Ltd., Schwing Stetter (India) Private Limited etc.

Key Highlights of the Report:

• India Concrete mixer Market Outlook
• Market Size of India Concrete mixer Market, 2023
• Forecast of India Concrete mixer Market, 2030
• Historical Data and Forecast of India Concrete mixer Revenues & Volume for the Period 2020-2030
• India Concrete mixer Market Trend Evolution
• India Concrete mixer Market Drivers and Challenges
• India Concrete mixer Price Trends
• India Concrete mixer Porter's Five Forces
• India Concrete mixer Industry Life Cycle
• Historical Data and Forecast of India Concrete mixer Market Revenues & Volume By Type for the Period 2020-2030
• Historical Data and Forecast of India Concrete mixer Market Revenues & Volume By Mixer Trucks for the Period 2020-2030
• Historical Data and Forecast of India Concrete mixer Market Revenues & Volume By Mixing Plants for the Period 2020-2030
• Historical Data and Forecast of India Concrete mixer Market Revenues & Volume By Application for the Period 2020-2030
• Historical Data and Forecast of India Concrete mixer Market Revenues & Volume By Residential for the Period 2020-2030
• Historical Data and Forecast of India Concrete mixer Market Revenues & Volume By Commercial for the Period 2020-2030
• India Concrete mixer Import Export Trade Statistics
• Market Opportunity Assessment By Type
• Market Opportunity Assessment By Application
• India Concrete mixer Top Companies Market Share
• India Concrete mixer Competitive Benchmarking By Technical and Operational Parameters
• India Concrete mixer Company Profiles
• India Concrete mixer Key Strategic Recommendations