Market Overview:
The India crane market size reached US$ 3.3 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 4.6 Billion by 2028, exhibiting a growth rate (CAGR) of 5.3% during 2023-2028.
A crane is a type of construction machinery extensively used in the transport industry to load and unload freight and in the manufacturing industry for assembling heavy machinery. This piece of machinery is powered by hydraulics and internal combustion engine systems that provide greater lifting capabilities. In India, cranes are employed to construct all types of structures ranging from high-rise office building to modular home constructions.
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Note: Information in the above chart consists of dummy data and is only shown here for representation purpose. Kindly contact us for the actual market size and trends.
The India crane market is primarily driven by the increasing construction and infrastructural activities in the country. Cranes are used in various processes and discrete industries like power, oil and gas, civil engineering, construction, and petrochemical industries to lift and transport heavy materials that are beyond manual labor capability. Furthermore, the Government of India is spending a considerable amount of money on the development of the nation’s infrastructure like roads, airports, railways, commercial spaces, and housing establishments, which is positively impacting the market growth.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the India crane market report, along with forecasts at the country and regional level from 2023-2028. Our report has categorized the market based on product type and application.
Breakup by Product Type:
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Note: Information in the above chart consists of dummy data and is only shown here for representation purpose. Kindly contact us for the actual market size and trends.
- Mobile Cranes
- Marine and Port Cranes
- Fixed Cranes
Breakup by Application:
- Construction and Infrastructure
- Mining
- Oil and Gas
- Others
Breakup by Region:
- North India
- West and Central India
- South India
- East India
Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players.
Report Coverage:
Report Features |
Details |
Base Year of the Analysis |
2022 |
Historical Period |
2017-2022 |
Forecast Period |
2023-2028 |
Units |
US$ Billion |
Segment Coverage |
Product Type, Application, Region |
Region Covered |
North India, West and Central India, South India, East India |
Customization Scope |
10% Free Customization |
Report Price and Purchase Option |
Single User License: US$ 2299
Five User License: US$ 3399
Corporate License: US$ 4499 |
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) |