Market analysis of agricultural and construction equipment
The relevance of research
The agricultural machinery industry has a double value for the Indian economy. On the one hand, it contributes to the implementation of the tasks that are set for domestic agriculture by the Food Security Doctrine of India approved by the Government in 2010: the industry is charged with the task of reducing dependence on imported equipment and technologies, as well as ensuring the modernization of the country's agriculture in order to increase the output of basic agricultural products. On the other hand, the industry is significant as an independent sector of the economy that contributes to the state budget and provides employment for the population.
The importance of the road construction complex for the economy of any country is extremely important. Construction takes the 3rd place in terms of the share of revenue in the country and always requires large investments. A significant share of them goes to the purchase of expensive machines and tools, that is, technology.
Purpose of the study
Analysis and forecast of the development of the agricultural and construction equipment market.
Content
Section 1. Market overview of agricultural machinery in India, 2017 with a forecast up to 2019
Part 1. Overview of the agricultural machinery market in India
1.1. Market volume, 2017 (estimated)
1.2. Market growth in 2017 compared to 2016 (estimated)
1.3. Market share of agricultural machinery in India's GDP
1.4. Risks affecting the development of the industry
Part 2. Analysis of competitors (manufacturers of agricultural machinery)
2.1. Major players in the market. Market leaders and outsiders
2.2. New manufacturers entering the market in 2017
Part 3. The main consumers of agricultural machinery
Part 4. Market development forecast up to 2019
Part 5. Conclusions
Section 2. Construction Machinery Market Overview in India 2017 with forecast up to 2019
Part 1. Overview of the Construction Machinery Market in India
1.1. Market volume, 2017 (estimated)
1.2. Market growth in 2017 compared to 2016 (estimated)
1.3. Construction machinery market share in India's GDP
1.4. Risks affecting the development of the industry
Part 2. Analysis of competitors (manufacturers of construction equipment)
2.1. Major players in the market. Market leaders and outsiders
2.2. New manufacturers entering the market in 2017
Part 3. The main consumers of construction equipment
Part 4. Market development forecast up to 2019
Part 5. Conclusions
Research excerpt
Section 1. Market overview of agricultural machinery in India, 2017 with a forecast up to 2019
Part 1. Overview of the agricultural machinery market in India
1.1. Market volume, 2017 (estimated)
According to the Ministry of Industry and Trade, the volume of the Indian market of agricultural machinery in 2017 amounted to … billion Rs. At the same time, the volume of production reached the level of … billion Rs, import – … billion Rs, export – … billion Rs.
Diagram 1. The volume and structure of the agricultural machinery market in India, 2017, billion Rs.
1.2. Market growth in 2017 compared to 2016 (estimated)
In 2017, the Indian agricultural machinery market grew by 16,7% compared to 2016.
Diagram 2. Volume and dynamics of the agricultural machinery market in India, 2016-2017
1.3. Market share of agricultural machinery in India's GDP
According to GidMarket estimates, the share of the agricultural machinery market in India's GDP in 2017 amounted to …%.
Chart 3. Market share of agricultural machinery in India's GDP, 2017
1.4. Risks affecting the development of the industry
Weaknesses of the agricultural machinery industry in India include:
...
Among the threats to the Indian market, experts identify:
...
Part 2. Analysis of competitors (manufacturers of agricultural machinery)
2.1. Major players in the market. Market leaders and outsiders
In 2017, the largest players in the Indian agricultural machinery market were LLC “…” (…%), CJSC “…” (…%), LLC “…” (…%), CJSC JV “…” (…%), LLC ""..."" (...%). Together, they accounted for …% of the total market volume. The share of other manufacturers amounted to …%.
...
Chart 4. Major players in the agricultural machinery market in India, 2017
2.2. New manufacturers entering the market in 2017
According to GidMarket estimates based on ASM-Holding data, in 2017 new manufacturers of agricultural machinery appeared on the Indian market:
In the tractor segment:
...
In the combine harvester segment:
...
Part 3. The main consumers of agricultural machinery
According to GidMarket estimates based on Euromonitor International data, in 2017, agriculture became the main segment of the consumption of agricultural machinery in India, accounting for …% of the total market volume. In the timber processing and forestry sectors, the shares turned out to be less significant – …% and …%, respectively. The share of other consumption segments amounted to …% of the total market volume.
Chart 5. Structure of the agricultural machinery market in India by consumption segments, 2017
Part 4. Market development forecast up to 2019
According to GidMarket, based on the opinions of industry experts, in 2018 the agricultural machinery market in India will continue to grow, the dynamics compared to 2017 will be …%, and the volume will reach …
Part 5. Conclusions
The agricultural machinery industry has a double value for the Indian economy.
...
Section 2. Construction Machinery Market Overview in India 2017 with forecast up to 2019
Part 1. Overview of the Construction Machinery Market in India
1.1. Market volume, 2017 (estimated)
According to the Ministry of Industry and Trade, the volume of the Indian market of road construction equipment in 2017 amounted to … billion Rs. At the same time, the volume of production reached the level of … billion Rs, import – … billion Rs, export – … billion Rs.
Diagram 7. The volume and structure of the road construction equipment market in India, 2017, billion Rs.
1.2. Market growth in 2017 compared to 2016 (estimated)
In 2017, the Indian road construction equipment market grew by …% compared to 2016.
Diagram 8. The volume and dynamics of the road construction equipment market in India, 2016-2017
1.3. Construction machinery market share in India's GDP
According to GidMarket estimates, the share of the road construction machinery market in India's GDP in 2017 amounted to …%.
1.4. Risks affecting the development of the industry
...
Part 2. Analysis of competitors (manufacturers of construction equipment)
2.1. Major players in the market. Market leaders and outsiders
In 2017, the largest players in the Indian road construction equipment market were …
2.2. New manufacturers entering the market in 2017
According to GidMarket's estimate based on ASM-Holding data, in 2017, new manufacturers of road construction equipment appeared on the Indian market: …
Part 3. The main consumers of construction equipment
According to GidMarket estimates based on data from Euromonitor International, in 2017, the largest segments of the consumption of road construction equipment in India include mining...
Part 4. Market development forecast up to 2019
According to GidMarket, based on the opinions of industry experts, in 2018 the road construction equipment market in India will continue to grow …
...
Part 5. Conclusions
The importance of the road construction complex for the economy of any country is extremely important...
Diagrams
Diagram 1. The volume and structure of the agricultural machinery market in India, 2017, billion Rs.
Diagram 2. Volume and dynamics of the agricultural machinery market in India, 2016-2017
Diagram 3. Agricultural machinery market share in India's GDP, 2017
Diagram 4. Top players in the agricultural machinery market in India, 2017
Diagram 5. Structure of the agricultural machinery market in India by consumption segments, 2017
Diagram 6. India Agricultural Machinery Market Forecast 2018-2019
Diagram 7. The volume and structure of the road construction equipment market in India, 2017, billion Rs.
Diagram 8. The volume and dynamics of the road construction equipment market in India, 2016-2017
Diagram 9. Market share of road construction machinery in India's GDP, 2017
Diagram 10. Major players in the road construction equipment market in India, 2017
Diagram 11. Structure of the road construction equipment market in India by consumption segments, 2017
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