India construction market is anticipated to grow with an impressive CAGR in the forecast period, 2024-2028, Click to get a Free Sample.
India construction market is anticipated to grow with an impressive CAGR in the forecast period, 2024-2028, on the account of increasing investment in the sector. Expansion of the construction industry is also dependent on the growing need for the housing and accommodations for the population.
Rising population of the country and growing demand for government-aided accommodations, further drive the growth of the India construction market in the upcoming five years. With rising concerns over availability of the construction materials and price inflation due to COVID-19, the industry was drastically affected that is expected to reinstate its growth in the next five years along with the government funding through Union Budget 2022.
Rapidly increasing demands for the residential buildings and other infrastructure is majorly responsible for the growth of the India construction market in the upcoming five years. Rising population of the country and growing demand for home ownerships further facilitates the growth of the India construction market in the next five years.
Download FREE sample Report @ https://www.techsciresearch.com/sample-report.aspx?cid=10568
Growing urbanization and industrialization further aids to the market growth. As of August 1st, 2021, the India construction industry valued over USD355.3 billion. The market is further anticipated to grow with the government’s involvement and investments in the sector.
Increasing construction of roads and highways all over the country as a source of development in the state is further responsible for the future growth of the India construction market in the upcoming five years. The government is highly inclined toward renovating and renewing the prior road & highway construction along with soon to start 100 smart cities project that is anticipated to further expand the growth of the India construction market in the forecast years. Surge in the demand to access the difficult terrains of the country along with increasing demand for the vehicular access to the multiple locations also substantiate the growth of the India construction market in the future five years.
In the recent years, multiple industries and Make In India project has aided to the increasing construction of the industries and factories. Surge in the demand for the heavy machinery, excavation equipment, construction tools and growing prices of these products further aid the growth of the India construction market in the upcoming five years. Moreover, construction of airports, railways, seaports also support the growth of the India construction market in the future five years. Under Regional Connectivity Scheme, construction of airports and related infrastructure is further increasing. For the construction of seaports in India the government has planned an investment for over USD82 billion in 574 different projects, that substantiates the growth of the India construction market in the next five years.
The India construction market segmentation is based on type, machinery, industry, regional distribution, and competitional landscape. Based on type, the market is further segmented into building construction, heavy and civil engineering construction, specialty trade contractors, and land planning & development. By machinery, the market is fragmented into earth moving, material handling, and concrete & road construction. Based on industry, the market is bifurcated into industrial, commercial, infrastructure and residential. The India construction market analysis also studies the regional segmentation divided among North India region, South India region, East India region, and West India region.
L&T, Megha Engineering & Infrastructures Limited, Shapoorji Pallonji Co. Pvt. Ltd., Tata Projects, KEC International Limited, Afcons Infrastructure Ltd., Dilip Buildcon Limited, Hindustan Construction Co. Ltd., NCC Limited, Lodha Group, are some of the major market players in the country that lead the market growth analysis.
Attribute | Details |
Base Year | 2022 |
Historic Data | 2018 – 2021 |
Estimated Year | 2023 |
Forecast Period | 2024 – 2028 |
Quantitative Units | Revenue in USD Million, Volume in units, and CAGR for 2018 – 2021 and 2024 – 2028 |
Report coverage | Revenue forecast, volume forecast, company share, competitive landscape, growth factors, and trends |
Segments covered | · Type · Machinery · Industry |
Regional scope | North; South; East; West; |
Key companies profiled | L&T, Megha Engineering & Infrastructures Limited, Shapoorji Pallonji Co. Pvt. Ltd., Tata Projects, KEC International Limited, Afcons Infrastructure Ltd., Dilip Buildcon Limited, Hindustan Construction Co. Ltd., NCC Limited, Lodha Group |
Customization scope | 10% free report customization with purchase. Addition or alteration to country, regional & segment scope. |
Pricing and purchase options | Avail customized purchase options to meet your exact research needs. Explore purchase options |
Delivery Format | PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |
In this report, India construction market is segmented into following categories, in addition to the industry trends which have also been detailed below:
o Building Construction
o Heavy and Civil Engineering Construction
o Specialty Trade Contractors
o Land Planning and Development
o Earth Moving
o Material Handling
o Concrete & Road Construction
Competitive Landscape
Company Profiles: Detailed analysis of the major companies present in India construction market.
Plastic Decking Market – Trends, Share [Latest] & Forecast
[2028] United States Facility Management Market Update, Overview, Data, Forecast
India Cement Market Analysis, Development [2028], Key Terms
5.1. Brand Awareness
5.2. Factors Considered while Selecting Supplier
5.3. Customer Satisfaction Level
5.4. Major Challenges Faced
6.1. Market Size & Forecast
6.1.1. By Value
6.2. Market Share & Forecast
6.2.1. By Type (Building Construction, Heavy and Civil Engineering Construction, Specialty Trade Contractors, Land Planning and Development)
6.2.2. By Machinery (Earth Moving, Material Handling, Concrete & Road Construction)
6.2.3. By Industry (Industrial, Commercial, Infrastructure and Residential)
6.2.4. By Region
6.2.5. By Company (2022)
6.3. Product Market Map
7.1. Market Size & Forecast
7.1.1. By Value
7.2. Market Share & Forecast
7.2.1. By Machinery
7.2.2. By Industry
7.2.3. By Region
8.1. Market Size & Forecast
8.1.1. By Value
8.2. Market Share & Forecast
8.2.1. By Machinery
8.2.2. By Industry
8.2.3. By Region
9.1. Market Size & Forecast
9.1.1. By Value
9.2. Market Share & Forecast
9.2.1. By Machinery
9.2.2. By Industry
9.2.3. By Region
10.1. Market Size & Forecast
10.1.1. By Value
10.2. Market Share & Forecast
10.2.1. By Machinery
10.2.2. By Industry
10.2.3. By Region
11.1. Drivers
11.2. Challenges
Overview and Scope Green chemicals refer to environmentally friendly chemicals that focus on designing chemical…
Overview and Scope An electric three-wheeler is an automobile that runs on electricity and has…
Overview and Scope Scleroderma is a rare, chronic autoimmune disease characterized by the abnormal growth…
Overview and Scope A comprehensive metabolic panel (CMP) test is a blood test containing 14…
Overview and Scope A brake caliper refers to a vital part of an automobile's braking…
Overview and Scope Powered surgical instruments refer to medical devices designed to aid surgeons in…