Off-Highway Research’s Indian Database Service is available on an annual subscription basis, providing detailed analysis of the national equipment market. It provides sales and production data by OEM for 18 products.
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Included in the Indian Database Service is our Indian Annual Review, which is published every April. This report, which sells to non-subscribers for more than US$1,000, provides context and analysis to the wealth of information in the database.
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Rather than enjoying modest growth this year, construction equipment sales in India are expected to remain level with 2021.
The market is slowing in the short term due to inflation and new emissions regulations, but the medium to long term outlook remains positive
The Chinese, Indian & International Database Services, the Global Volume & Value Service and Customer Groups Database Service have been updated with revised forecasts for 2022-2026.
Despite supply chain issues and the negative impact of inflation, the pipeline of infrastructure work in India means a record number of crawler excavators should be sold next year.
The introduction of Stage IV laws has seen a new generation of machines launched which fall outside the engine powerband affected by the legislation.
Sales in 2021 were the best for more than a decade and buyer preference is shifting away from relatively small machines.
The market did not slow down during the Covid pandemic, and there are many positive long-term factors which will continue to drive growth.
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