PUBLISHED : August 2019
2014 – 2024 INDIA CONCRETE EQUIPMENT BY EQUIPMENT, BY TYPE, BY CAPACITY, MARKET
MARKET
INTELLIGENCE
.
CONSULTING
© TechSci Research
COMPETITION, FORECAST & OPPORTUNITIES
www.techsciresearch.com 1
Table of Contents S. No.
Contents
1.
Product Overview
2.
Research Methodology
3.
Executive Summary
4.
Voice of Customer Factors Influencing Purchase Decision
4.2.
Brand Awareness
4.3.
Challenges & Unmet Needs
India Concrete Equipment Market Outlook 5.1.
Market Size & Forecast 5.1.1.
5.2.
6.
By Value & Volume
Market Share & Forecast 5.2.1.
By Equipment (Truck Mixers, Concrete Pump, Batching Plants and Others)
5.2.2.
By Type (Batching, Placing)
5.2.3.
By Capacity (0-10 m3/h, 10-20 m3/h, 20-60 m3/h, 60-150 m3/h, 150-300 m3/h)
5.2.4.
By Region
5.2.5.
By Company
5.3.
Product Market Map (By Equipment, By Type, By Capacity, By Region)
5.4.
Product Benchmarking
Š TechSci Research
5.
4.1.
Page No.
India Truck Mixers Market Outlook 6.1.
Market Size & Forecast 6.1.1.
6.2.
By Value & Volume
Market Share & Forecast
2
Table of Contents S. No. 6.2.1.
By Type (Batching, Placing)
6.2.2.
By Capacity (0-10 m3/h, 10-20 m3/h)
6.2.4.
By Region
6.2.5.
By Company
India Concrete Pumps Market Outlook 7.1.
Market Size & Forecast 7.1.1.
7.2.
8.
By Value & Volume
Market Share & Forecast 7.2.1.
By Type (Batching, Placing)
7.2.2.
By Capacity (20-60 m3/h, 60-150 m3/h, 150-300 m3/h)
7.2.3.
By Region
7.2.4.
By Company
India Batching Plants Market Outlook 8.1.
Market Size & Forecast 8.1.1.
8.2.
9.
Page No.
By Value & Volume
Market Share & Forecast 8.2.1.
By Type (Batching, Placing)
8.2.2.
By Capacity (20-60 m3/h, 60-150 m3/h, 150-300 m3/h)
8.2.3.
By Region
8.2.4.
By Company
Š TechSci Research
7.
Contents
India Other Concrete Equipment Market Outlook
3
Table of Contents S. No.
Contents 9.1.
Market Size & Forecast 9.1.1.
9.2.
By Value & Volume
Market Share & Forecast 9.2.1.
By Type (Batching, Placing)
9.2.2.
By Capacity (0-10 m3/h, 10-20 m3/h, 20-60 m3/h, 60-150 m3/h)
9.2.3.
By Region
9.2.4.
By Company
Market Dynamics 10.1.
Drivers
10.2.
Challenges
10.3.
Impact Analysis
11.
Market Trends & Developments
12.
SWOT Analysis
13.
Policy & Regulatory Landscape
14.
India Economic Profile
15.
Competitive Landscape 15.1.
Schwing Stetter (India) Ltd.
15.2.
Putzmeister India Pvt. Ltd
15.3.
Universal Construction Machinery & Equipment Ltd
15.4.
KYB Conmat Pvt. Ltd.
15.5.
Greaves Cotton Limited
Š TechSci Research
10.
Page No.
4
Table of Contents S. No.
Contents 15.2.6.
SANY Heavy Industry Co. Ltd
15.2.7.
Ajax Fiori Engineering (I) Pvt. Ltd.
15.2.8.
Apollo Inffratech Pvt. Ltd.
15.2.9.
Aquarius Engineers Pvt. Ltd.
Page No.
16.
Strategic Recommendations
17.
About Us & Disclaimer
© TechSci Research
15.2.10. BHAI Pumpcrete Pvt. Ltd.
5
List of Figures
Title
Figure 1:
India Concrete Equipment Market Size, By Value (USD Million), By Volume (Units), 2014-2024F
Figure 2:
India Concrete Equipment Market Share, By Equipment, By Volume, 2014-2024F
Figure 3:
India Concrete Equipment Market Share, By Type, By Volume, 2014-2024F
Figure 4:
India Concrete Equipment Market Share, By Capacity, By Volume, 2014-2024F
Figure 5:
India Concrete Equipment Market Share, By Region, By Volume, 2018 & 2024F
Figure 6:
India Concrete Equipment Market Share, By Company, By Value, 2014-2018 & 2024
Figure 7:
Equipment Map-Market Size, By Volume (Units) & Growth Rate (%)
Figure 8:
Type Map-Market Size, By Volume (Units) & Growth Rate (%)
Figure 9:
Capacity Map-Market Size, By Volume (Units) & Growth Rate (%)
Figure 10:
Region Map-Market Size, By Volume (Units) & Growth Rate (%)
Figure 11:
India Truck Mixers Market Size, By Value (USD Million), By Volume (Units), 2014-2024F
Figure 12:
Growth in Infrastructure Activities, By Sector, 2018-19 (%)
Figure 13:
India Truck Mixers Market Share, By Type, By Volume, 2014-2024F
Figure 14:
India Truck Mixers Market Share, By Capacity, By Volume, 2014-2024F
Figure 15:
India Truck Mixers Market Share, By Region, By Volume, 2018 & 2024F)
Figure 16:
India Truck Mixers Market Share, By Company, By Value, 2014-2018 & 2024F
Figure 17:
India Concrete Pumps Market Size, By Value (USD Million), By Volume (Units), 2014-2024F
Figure 18:
Highway Construction in India (Km), FY2014-FY2019
Page No.
© TechSci Research
Figure No.
6
List of Figures
Figure No.
Title
Figure 19:
India Concrete Pumps Market Share, By Type, By Volume, 2014-2024F
Figure 20:
India Concrete Pumps Market Share, By Capacity, By Volume, 2014-2024F
Figure 21:
India Concrete Pumps Market Share, By Region, By Volume, 2018 & 2024F
Figure 22:
India Concrete Pumps Market Share, By Company, By Value, 2014-2018 & 2024F
Figure 23:
India Batching Plants Market Size, By Value (USD Million), By Volume (Units), 2014-2024F
Figure 24:
India Real Estate Market Size, FY08-FY28F (USD Billion)
Figure 25:
India Batching Plants Market Share, By Type, By Volume, 2014-2024F
Figure 26:
India Batching Plants Market Share, By Capacity, By Volume, 2014-2024F
Figure 27:
India Batching Plants Market Share, By Region, By Volume, 2018 & 2024F
Figure 28:
India Batching Plants Market Share, By Company, By Value, 2014-2018 & 2024F India Other Concrete Equipment Market Size, By Value (USD Million), By Volume (Units), 20142024F
Figure 30:
Infrastructure Investment in India, During 2008-12, 2013-17, and 2018-2022F (USD Million)
Figure 31:
India Other Concrete Equipment Market Share, By Type, By Volume, 2014-2024F
Figure 32:
India Other Concrete Equipment Market Share, By Capacity, By Volume, 2014-2024F
Figure 33:
India Other Concrete Equipment Market Share, By Region, By Volume, 2018 & 2024F
Figure 34:
India Other Concrete Equipment Market Share, By Company, By Value, 2014-2018 & 2024F
Š TechSci Research
Figure 29:
Page No.
7
List of Tables
Table 1:
Table 2:
Title
Page No.
Partial List of Upcoming Construction Projects in India, By Building Name, By City, By Height (Meter), By Number of Floors, By End User, By Completion Year, As of 2018 Partial List of Proposed Construction Projects in India, By Building Name, By City, By Height (Meter), By Number of Floors, By End User, By Completion Year, As of 2018
© TechSci Research
Table No.
8
Product Overview Concrete Equipment Concrete equipment are utilized to mix and transport concrete. These equipment include truck mixers, batching plants, concrete pumps, truck mixer pumps, asphalt pavers, boom lines, etc. Truck mixers are used to mix cement, sand, gravel and other admixtures to produce concrete. In this a concrete mixer is generally mounted on the chassis of a truck. Batching plants are the stationary equipment, used to mix different admixtures with cement. Concrete pump is an equipment used to transfer liquid concrete to the specified location, which is combined and produced by batching plants and truck mixers. It also uses a remotely controlled robotic arm (boom) for accurate placing of concrete. Others concrete equipment include truck mixer pumps, placer booms, asphalt pavers, etc. These all equipment are available in multiple capacity ranges, which enable the manufacturers to offer customized product.
CONCRETE EQUIPMENT MARKET Type
• Truck Mixers
•
Batching
• Concrete Pumps
•
Placing
• Batching Plants • Others
Region
•
North
•
South
•
West
•
East
Capacity
•
0-10 m3/h
•
10-20 m3/h
•
20-60 m3/h
•
60-150 m3/h
•
150-300 m3/h
Others include truck mixer pumps, placer booms, asphalt pavers, etc. Source: TechSci Research
© TechSci Research
Equipment
9
Research Methodology
Market Profiling
In-depth secondary research was conducted to determine top players in India concrete equipment market, overall market size and segmental market share.
Formulating Questionnaire
In order to conduct industry experts’ interviews, TechSci formulated a detailed questionnaire.
Developing List of Respondents
List of industry players, distributors, and industry specialists was developed.
Data Collection
TechSci Research conducted interviews with industry experts and industry players for data collection and verification.
Data obtained as a result of primary and secondary research was validated through rigorous triangulation.
Primary Research
Identifying Key Opinion Leaders Questionnaire Design In-depth Interviews
Primary Primary Research Research
Data Collection
Data Filter Research & & Analysis Intelligence
Actionable Insights
Business Solution
TechSci Internal Internal TechSci Database Database LinkedIn LinkedIn
Data Analysis
Data Validation
The data was scrutinized using MS-Excel and statistical tools such as Time Series Analysis, etc. to obtain qualitative and quantitative insights about India concrete equipment market.
Desk Research
Recent Developments Market Changing Aspects/Dynamics Government Policies Final Conclusion
Secondary Secondary Research Research Company Websites Websites Company Company Annual Annual Company Reports Reports White Paper Paper Study Study White Financial Reports Reports Financial Investor Investor Presentations Presentations Regulatory Body Body Regulatory Associations, etc. etc. Associations,
Company Analysis
Market Participants Key Strengths Product Differentiation
Paid Sources Sources Paid Factiva Factiva Hoovers Hoovers
© TechSci Research
10
Research Methodology
Baseline Methodology: For the study, TechSci Research has gathered information through primary research surveys with leading India concrete equipment manufacturing companies. We have also put through an exhaustive search of credible paid databases such as Business Week, Factiva, etc., including our internal database. Our team of analysts has then prudently evaluated all the collected information and presented the same in chronological order to depict a meaningful and clear picture of the India concrete equipment market. While compiling the data, we have also cross-checked all the collected information from multiple sources and data warehouses, to present the most accurate and precise information of the concerned industry.
Sampling Technique: While conducting the study, TechSci Research followed the stratified random sampling technique to shortlist the Key Opinion Leaders (KOLs) in various concrete equipment companies/dealers & distributors operating in India. KOLs based out of prominent concrete equipment companies/dealers & distributors were interviewed to identify the India concrete equipment market.
Sample Size: Type of Respondents
No. of Respondents
Mid to Senior Management, Sales Managers, etc., of Concrete Equipment Companies/ Dealers & Distributors
45
Government
35
Industry Experts
20
Total
100 Š TechSci Research
11
Research Methodology Market Size Calculation Technique: Primary Research For the preparation of India concrete equipment market report, bottom-up model has been used, which has been later cross validated by using top-down approach. TechSci Research interviewed Senior Managers and Regional Sales Managers of the prominent concrete equipment companies/dealers & distributors using Delphi technique for calculating the concrete equipment market size. Respondents were also asked about the current and future growth rates, market share by equipment, by type, by region and by capacity. All the information gathered was carefully analyzed, data points which exhibited high deviations from the majority estimates were eliminated as outliers and the remaining refined data points were put together to arrive at the data. Primary Research – Few of the Companies and/or their Dealers Interviewed
S. No.
Names of Companies and/or their Dealers Interviewed
1.
Schwing Stetter (India) Ltd.
2.
Ajax Fiori Engineering (I) Pvt. Ltd.
3.
SANY Heavy Industry Co. Ltd
4.
Greaves Cotton Limited
5.
KYB Conmat Pvt. Ltd.
Š TechSci Research
12
Research Methodology
Secondary Research: We have put through an exhaustive search of credible paid databases such as Factiva, etc., in addition to our internal database. Further analysis of credible publications, white papers, company annual reports, investor presentations, news articles, etc., were also analyzed to cross validate the end findings derived from primary research. S. No.
Few of the Secondary Sources
1.
Ministry of Road Transport and Highways
2.
World Bank
3.
Council on Tall Buildings and Urban Habitat
4.
Department of Heavy Industries
5.
International Monetary Fund
Forecasting Technique: The team has developed forecast on the basis of econometric and judgemental analysis in addition to statistical techniques such as averaging and geometric mean. During primary research interview, questions regarding historical sales trend of concrete equipment in India were put forward. Respondents were asked about the current and future growth rates, market share of concrete equipment in India. In order to forecast the India concrete equipment market, following forecast techniques were used: • Time Series Analysis • Econometric and Judgmental Analysis • Moving Average
© TechSci Research
13
INDUSTRY BRIEF According to TechSci Research report, “India Concrete Equipment Market By Equipment, By Type, By Capacity, Competition, Forecast & Opportunities, 2014-2024”, India concrete equipment market is projected to grow at a CAGR of 13% during 2019-2024, owing to high demand for concrete equipment in transit mixer segment. Moreover, demand for these equipment is expected to grow in newer segments such as commercial projects, mining, housing and agriculture, etc. Major projects such as construction of Chenab rail bridge, construction of flyover in length of 0.8 km at Jawaharlal Nehru Port, four laning of Piska More-Palma section in length of 23.1 km, Laying of 132 kV Likabali-Niglok, Likabali-Niglok, Rilo-Seijosa S/C lines including implementation of substations, etc., are in the pipeline. These projects would cumulatively support the demand for concrete equipment in the country during the forecast period. Schwing Stetter India Pvt. Ltd grabbed the highest satisfaction level among companies in product quality, technology, spare part availability, and price of concrete equipment market in India. Schwing Stetter India Pvt. Ltd dominates India concrete equipment market and it is expected to lead the market during the forecast period as well, owing to continuing collaborations with construction and technology companies coupled with the company’s strong sales network across the country. Among equipment, truck mixers account for the largest volume share in India concrete equipment market, and the segment is expected to lead the market during forecast period as well, owing to its use across industrial/commercial set-ups, especially, for high rise building construction in the country. North is the dominating region in India concrete equipment market as a huge number of large-scale projects are being undertaken in the region.
anticipated to boost India concrete equipment market during the forecast period. Moreover, favorable government policies regarding construction projects along with surging foreign investments in concrete equipment market, would further steer growth in the market over the next five years.” said Mr. Karan Chechi, Research Director with TechSci Research, a research based global management consulting firm.
14
© TechSci Research
“Various upcoming infrastructure projects coupled with government expenditure towards public infrastructure and construction sector in the country are
SAMPLE DATA - SNAPSHOT India Concrete Equipment Market Size, By Value (USD Million), By Volume (Units), 2014-2024F CAGR (2014-2018) By Value: xxx% By Volume: xx%
2014
2015
2016
CAGR (2019E-2024F) By Value: xx% By Volume: xx%
2017
2018
2019E
By Value (USD Million)
2020F
2022F
2023F
2024F
By Volume (Units) India Concrete Equipment Market Share,
India Concrete Equipment Market Share, By
By Equipment, By Volume, 2018
Type, By Volume, 2018
Placing; 50.00%
2021F
Batching; 50.00%
Others; 25.00%
Truck Mixers; 25.00%
Batching Plants; 25.00%
Concrete Pumps; 25.00%
2014
2015
2016
2017
2018
2019E
2020F
2021F
2022F
2023F
© TechSci Research
India Truck Mixers Market Share, By Type, By Volume, 2014-2024F
2024F
15
REPORT ORDERING
Report Name: INDIA CONCRETE EQUIPMENT BY EQUIPMENT, BY TYPE, BY CAPACITY, COMPETITION, FORECAST & OPPORTUNITIES, 2014 – 2024
License Type
Price
Electronic Access - Single User License
$2950
Electronic Access - Multi-User License
$3750
Custom Research License
$7500
© TechSci Research
Report Price
To View Sample OR Purchase Report
16
About Us & Disclaimer
TechSci Research is a global market research and consulting company with offices in the US, UK and India. TechSci Research provides market research reports in a number of areas to organizations. The
Partial List of Clients
company uses innovative business models that focus on improving productivity, while ensuring creation of high-quality reports. The proprietary forecasting models use various analyses of both industry-specific and macroeconomic variables on a state-by-state basis to produce a unique ‘bottom-up’ model of a country, regional and global industry prospects. Combined with the detailed analysis of company activity and industry trends, the result is a uniquely rich evaluation of the opportunities available in the market.
Related Reports •
India Construction Equipment Market, Competition Forecast & Opportunities, 2024
•
Australia
Construction
Equipment
Rental
Market,
Competition
Forecast
&
Opportunities, 2024 •
Global Construction Equipment Market, Competition, Forecast & Opportunities, 2024 TechSci Research – North America 708 Third Avenue, Manhattan, New York, United States Tel: +1- 646- 360- 1656 Email: sales@techsciresearch.com www.techsciresearch.com
TechSci Research – Europe 54, Old brook, Bretton, Peterborough, United Kingdom Email: sales@techsciresearch.com www.techsciresearch.com
TechSci Research – AsiaPacific B – 44, Sector – 57, Noida, National Capital Region, U.P. India Tel: +91-120-4523900 Email: sales@techsciresearch.com www.techsciresearch.com
The contents of this report are based on information generally available to the public from sources believed to be reliable. No representation is made that it is timely, accurate or complete. TechSci Research has taken due care and caution in compilation of data as this has been obtained from various sources including which it considers reliable and first hand. However, TechSci Research does not guarantee the accuracy, adequacy or completeness of any information and it is not responsible for any errors or omissions or for the results obtained from the use of such information and especially states that it has no financial liability whatsoever to the subscribers / users of this report. The information herein, together with all estimates and forecasts, can change without notice. All the figures provided in this document are indicative of relative market size and are strictly for client’s internal consumption. Usage of the same for purpose other than internal will require prior approval of TechSci Research.
© TechSci Research
Disclaimer
17