Our capacity and expertise in primary research also allows the Indian team to take on Private Client Research, which leverages our experience and knowledge to deliver detailed and tailored insights to our clients on a private and confidential basis.
A new edition of our bi-annual Global Construction Equipment Markets study is now available, featuring updated forecasts. The report is available to ALL Off-Highway Research clients, while non-clients can request a copy by completing an online form.
Demand for mobile lifting equipment in India, which is dominated by locally built pick & carry cranes, came close to 12,000 units in 2018.
Sales of crawler excavators in India more than doubled between 2015 and 2018, making it the third largest excavator market in the world after China and the US. This robust growth is set to continue, and it could overtake the US in 3-4 years.
More backhoe loaders were sold in India last year than the rest of the world put together. Although this year’s general election has had an impact on sales, the segment is expected to shortly regain its former buoyancy.
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