Product Code: ETC029624 | Publication Date: Jun 2023 | Updated Date: Feb 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
The India road marking machinery and equipment market is estimated to reach US$ 6.3 billion by 2031, growing at a CAGR of 10.1% during the forecast period (2025-2031). Road marking machines are used for painting lines on roads or highways, and this process is known as line striping. The increased demand for these machines in both developed and developing countries has led to greater competition among manufacturers. This has enabled them to provide better products with enhanced features at competitive prices.
The increasing government initiatives towards proper upkeep of roads and highways have been driving the growth of the India road marking machinery and equipment market. Several government programs such as Pradhan Mantri Gram Sadak Yojana (PMGSY) have enabled an increase in investments made towards infrastructure development across India which has further propelled the demand for road marking machinery & equipments. Additionally, technological advancements coupled with rise in number of vehicles will contribute significantly towards industry growth over the next few years.
The emergence of robotic technology aiding automated line striping processes is one major trend gaining traction in recent times which helps reduce labor cost considerably while ensuring accuracy levels are maintained throughout operations process which provides additional benefits associated with it when compared to manual operations . Moreover ,the advent of GPS based systems enabling automatic mapping activities helping plan efficient routes prior to actual road surface markings have added more impetus into overall sectoral outlook .
High initial investment costs associated with setting up large scale projects involving installation & commissioning along with operational expenses attaining high degree scalability make up for some challenges faced by end user segment . Furthermore , inadequate accessibilities towards after sales service support leading customers opting out from using certain type equipments due their unavailability within particular region providing significant hindrance onto its adoption rate amongst wider population base.
Some key players operating within India Road Marking Machinery And Equipment Market include Apollo Inffratech Pvt Ltd., Hitec Engineering Works Private Limited ,Vinayak Construction Equipments, Merit Technologies Pvt Ltd., Vinayak Infra Solutions Private Limited ,AJAY ROAD EQUIPMENT PVT LTD., M/S Aadesh Industries etc..
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 Road Marking Machinery and Equipment Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India Road Marking Machinery and Equipment Market Revenues & Volume, 2021 & 2031F |
3.3 India Road Marking Machinery and Equipment Market - Industry Life Cycle |
3.4 India Road Marking Machinery and Equipment Market - Porter's Five Forces |
3.5 India Road Marking Machinery and Equipment Market Revenues & Volume Share, By Equipment Type, 2021 & 2031F |
3.6 India Road Marking Machinery and Equipment Market Revenues & Volume Share, By Coating Type, 2021 & 2031F |
3.7 India Road Marking Machinery and Equipment Market Revenues & Volume Share, By Marking Type, 2021 & 2031F |
3.8 India Road Marking Machinery and Equipment Market Revenues & Volume Share, By Machine Type, 2021 & 2031F |
3.9 India Road Marking Machinery and Equipment Market Revenues & Volume Share, By Applications, 2021 & 2031F |
4 India Road Marking Machinery and Equipment Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 India Road Marking Machinery and Equipment Market Trends |
6 India Road Marking Machinery and Equipment Market, By Types |
6.1 India Road Marking Machinery and Equipment Market, By Equipment Type |
6.1.1 Overview and Analysis |
6.1.2 India Road Marking Machinery and Equipment Market Revenues & Volume, By Equipment Type, 2021-2031F |
6.1.3 India Road Marking Machinery and Equipment Market Revenues & Volume, By Handliners/Hand pushed type, 2021-2031F |
6.1.4 India Road Marking Machinery and Equipment Market Revenues & Volume, By Self-propelled marking machine, 2021-2031F |
6.1.5 India Road Marking Machinery and Equipment Market Revenues & Volume, By Line marking truck/mini truck, 2021-2031F |
6.2 India Road Marking Machinery and Equipment Market, By Coating Type |
6.2.1 Overview and Analysis |
6.2.2 India Road Marking Machinery and Equipment Market Revenues & Volume, By Thermoplastic paint, 2021-2031F |
6.2.3 India Road Marking Machinery and Equipment Market Revenues & Volume, By Cold paint, 2021-2031F |
6.2.4 India Road Marking Machinery and Equipment Market Revenues & Volume, By Heated paint, 2021-2031F |
6.2.5 India Road Marking Machinery and Equipment Market Revenues & Volume, By Two component materials, 2021-2031F |
6.3 India Road Marking Machinery and Equipment Market, By Marking Type |
6.3.1 Overview and Analysis |
6.3.2 India Road Marking Machinery and Equipment Market Revenues & Volume, By Air spray, 2021-2031F |
6.3.3 India Road Marking Machinery and Equipment Market Revenues & Volume, By High-pressure airless spray, 2021-2031F |
6.4 India Road Marking Machinery and Equipment Market, By Machine Type |
6.4.1 Overview and Analysis |
6.4.2 India Road Marking Machinery and Equipment Market Revenues & Volume, By Manual, 2021-2031F |
6.4.3 India Road Marking Machinery and Equipment Market Revenues & Volume, By Semi-Automatic, 2021-2031F |
6.4.4 India Road Marking Machinery and Equipment Market Revenues & Volume, By Fully Automatic, 2021-2031F |
6.5 India Road Marking Machinery and Equipment Market, By Applications |
6.5.1 Overview and Analysis |
6.5.2 India Road Marking Machinery and Equipment Market Revenues & Volume, By Road Markings, 2021-2031F |
6.5.3 India Road Marking Machinery and Equipment Market Revenues & Volume, By Car Park Markings, 2021-2031F |
6.5.4 India Road Marking Machinery and Equipment Market Revenues & Volume, By Anti-Skid Markings, 2021-2031F |
6.5.5 India Road Marking Machinery and Equipment Market Revenues & Volume, By Others, 2021-2031F |
7 India Road Marking Machinery and Equipment Market Import-Export Trade Statistics |
7.1 India Road Marking Machinery and Equipment Market Export to Major Countries |
7.2 India Road Marking Machinery and Equipment Market Imports from Major Countries |
8 India Road Marking Machinery and Equipment Market Key Performance Indicators |
9 India Road Marking Machinery and Equipment Market - Opportunity Assessment |
9.1 India Road Marking Machinery and Equipment Market Opportunity Assessment, By Equipment Type, 2021 & 2031F |
9.2 India Road Marking Machinery and Equipment Market Opportunity Assessment, By Coating Type, 2021 & 2031F |
9.3 India Road Marking Machinery and Equipment Market Opportunity Assessment, By Marking Type, 2021 & 2031F |
9.4 India Road Marking Machinery and Equipment Market Opportunity Assessment, By Machine Type, 2021 & 2031F |
9.5 India Road Marking Machinery and Equipment Market Opportunity Assessment, By Applications, 2021 & 2031F |
10 India Road Marking Machinery and Equipment Market - Competitive Landscape |
10.1 India Road Marking Machinery and Equipment Market Revenue Share, By Companies, 2024 |
10.2 India Road Marking Machinery and Equipment Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |