The India concrete equipment market size reached USD 630.23 Million in 2024. Looking forward, IMARC Group expects the market to reach USD 836.56 Million by 2033, exhibiting a growth rate (CAGR) of 3.20% during 2025-2033. Infrastructure development, urbanization, and real estate growth are driving the India concrete equipment market share because of the escalating demand for construction machinery. Besides this, government investments, rising property prices, and advanced building technologies are further fueling the market expansion.
Report Attribute
|
Key Statistics
|
---|---|
Base Year
|
2024 |
Forecast Years
|
2025-2033
|
Historical Years
|
2019-2024
|
Market Size in 2024 | USD 630.23 Million |
Market Forecast in 2033 | USD 836.56 Million |
Market Growth Rate (2025-2033) | 3.20% |
Infrastructure Development
Infrastructure development is significantly influencing the India concrete equipment market outlook due to increasing construction activities nationwide. The government is heavily investing in highways, expressways, metro projects, and smart cities to boost economic growth. Large-scale projects like Bharatmala, Sagarmala, and bullet train corridors require advanced concrete equipment for timely execution. India's National Highway (NH) network expanded from 65,569 km in 2004 to 1,46,145 km in 2024, accelerating demand for concrete batching plants, transit mixers, and concrete pumps. Four-lane NH stretches grew 2.6 times to 48,422 km, while High-Speed Corridors increased from 93 km to 2,138 km, further fueling equipment needs. The NH construction pace rose 2.8 times, reaching 33.8 km/day in 2023-24, significantly improving India’s road infrastructure. Smart city initiatives are accelerating the construction of bridges, flyovers, and urban infrastructure, driving concrete machinery adoption. Metro rail expansions in multiple cities require high-performance concrete equipment for tunneling and elevated structures. Increased spending on rural roads under Pradhan Mantri Gram Sadak Yojana is supporting demand for concrete mixers. Large-scale airport modernization and railway station redevelopment projects are further fueling equipment demand. Expansion of power plants, irrigation projects, and water supply infrastructure is driving concrete equipment sales.
Rising Housing Demand and Real Estate Growth
Rapid population migration to cities is increasing the need for residential and commercial infrastructure development. Expanding metropolitan areas are driving large-scale housing projects, malls, and office spaces requiring concrete machinery. Government initiatives like Smart Cities Mission are accelerating urban infrastructure projects, further fueling India concrete equipment market growth. According to IBEF the real estate sector is set for strong growth, with a projected 9.2% CAGR from 2023 to 2028, influencing concrete equipment adoption. Increased foreign investments in real estate are supporting high-rise construction, requiring advanced concrete pumping systems. Expansion of metro networks and transport hubs is catalyzing the need for specialized concrete equipment. Inflating disposable income is catalyzing the demand for luxury apartments and commercial complexes, requiring efficient concrete solutions. The growing rental market and rising property prices in 2024 are contributing to overall market expansion. The shift toward sustainable and green buildings is encouraging the use of high-quality concrete technology. Precast construction methods are gaining traction, increasing demand for automated concrete batching plants and mixers. Growth in ready-mix concrete usage is fueling the need for transit mixers and concrete pumps, strengthening market prospects.
IMARC Group provides an analysis of the key trends in each segment of the market, along with forecasts at the regional level for 2025-2033. Our report has categorized the market based on equipment, technology, and capacity.
Equipment Insights:
The report has provided a detailed breakup and analysis of the market based on the equipment. This includes truck mixers, concrete pumps, batching plant, and others.
Technology Insights:
A detailed breakup and analysis of the market based on the technology have also been provided in the report. This includes batching and placing.
Capacity Insights:
The report has provided a detailed breakup and analysis of the market based on the capacity. This includes 150-300 m³/h, 10-20 m³/h, 60-150 m³/h, 20-60 m³/h, and 0-10 m³/h.
Regional Insights:
The report has also provided a comprehensive analysis of all the major regional markets, which include North India, South India, East India, and West India.
The market research report has also provided a comprehensive analysis of the competitive landscape. Competitive analysis such as market structure, key player positioning, top winning strategies, competitive dashboard, and company evaluation quadrant has been covered in the report. Also, detailed profiles of all major companies have been provided.
Report Features | Details |
---|---|
Base Year of the Analysis | 2024 |
Historical Period | 2019-2024 |
Forecast Period | 2025-2033 |
Units | Million USD |
Scope of the Report |
Exploration of Historical Trends and Market Outlook, Industry Catalysts and Challenges, Segment-Wise Historical and Future Market Assessment:
|
Equipments Covered | Truck Mixers, Concrete Pumps, Batching Plant, Others |
Technologies Covered | Batching, Placing |
Capacities Covered | 150-300 m³/h, 10-20 m³/h, 60-150 m³/h, 20-60 m³/h, 0-10 m³/h |
Regions Covered | North India, South India, East India, West India |
Customization Scope | 10% Free Customization |
Post-Sale Analyst Support | 10-12 Weeks |
Delivery Format | PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |
Key Questions Answered in This Report:
Key Benefits for Stakeholders: