Off-Highway Research’s Indian Service is available on an annual subscription basis, providing detailed analysis of the national equipment market and the major equipment manufacturers active in the country. An annual subscription unlocks access to the full library of more than 45 current Equipment Analyses and Company Profiles. Each report is updated on a regular cycle with up to 24 new documents added to the service throughout the course of a year. Full subscribers also have access to our free enquiry service.
The Indian Service also includes monthly Market Reports containing news and detailed analysis from the industry. The archive of reports, which is also made available to subscribers, goes back to 2002 and is fully searchable via Off-Highway Research’s online client portal.
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As an alternative to the full Service, many clients chose to subscribe to just our monthly Market Reports. This is a cost-effective way of keeping up to date with news and developments, and the subscription also includes our spring Annual Review and summer Mid-Year Review of the market.
Rigorous analysis of the structure, demand and trends for a single product.
Typical coverage includes:
Objective analyses of major construction equipment manufacturers or component suppliers.
Typical coverage includes:
The disruption of the 2019 general election and the impact of the Covid pandemic have seen sales of compaction equipment in India fall away from the high seen in 2018. But the country’s ambitions road building programme should see this peaked matched by 2023.
Once the temporary barriers to growth are overcome, demand from the infrastructure segment should drive sales higher after two years of falling sales.
Despite the pandemic, more backhoe loaders continue to be sold in India than the rest of the world combined.
The National Infrastructure Pipeline (NIP) will provide huge opportunities in road, rail, power and airport construction up to the end of the 2024-25 financial year.
Key publications within Off-Highway Research’s Chinese, European and Indian monthly Market Reports have been rescheduled to make use of the most-up-to-date information available.
Infrastructure investment will drive demand for machines over the coming years, and the mining & quarrying segment is particularly important for wheeled loader sales in India
India’s on-going investment in its stock of highways is forecast to drive growth in asphalt finisher sales over the next three years.
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.
Construction equipment sales in India last year did not fall as far as had been feared at the start of the pandemic. The drop was only 12 per cent, and robust growth is forecast to take the market to a record high in 2023.
Although a niche product, new applications are driving high growth rates and new levels of acceptance for the mini excavator in India.