Page 13 - Construction_Opportunities_December_2025

COVER STORY

Fast Facts
� In FY25, the construction equipment industry
demonstrated remarkable resilience, achieving a 3.3%
growth in total sales, reaching 1,40,191 units, while
domestic sales rose by 2.7% to 1,26,961 units.
� By equipment type, earthmoving equipment captured
57.10% of the Indian construction equipment market
share in 2024; road construction machinery is projected
to expand at a 10.23% CAGR through 2030.
� By drive type, diesel equipment held 95.15% of the
Indian construction equipment market size in 2024,
while electric/hybrid models are advancing at a
16.21% CAGR to 2030.
� By end-user, infrastructure projects commanded
43.25% of the Indian construction equipment market
size in 2024; mining is the fastest-growing user segment
at an 11.11% CAGR to 2030.
� By power output rating, the 101-200 HP class led with
a 38.10% share of the Indian construction equipment
market in 2024, whereas the >400 HP class is forecast
India’s construction-equipment industry enters 2025 at a defining to rise at a 12.22% CAGR.
moment—poised between short-term cyclical pressures and a
deeper structural transformation reshaping global infrastructure. � By ownership model, contractor-owned fleets
On the surface, the domestic market appears tempered: dominated with a 72.15% share in 2024; rental fleets
election-year capex delays, moderated earthmoving demand, are growing at 13.23% CAGR through 2030.
and contractors postponing high-value purchases amid uneven � By region, South India led with a market share of
cashflows. Yet beneath this temporary slowdown is a far more 32.50%, whereas the North-East India projected to
consequential shift—one that positions India to emerge as a expand at a 13.20% CAGR to 2030.
global hub for smart, connected, and future-ready machines. � These robust performance indicators, coupled with
EXCON 2025 will be the most visible expression of this transition. upcoming government infrastructure projects, and the
The long-term infrastructure pipeline remains exceptionally strong. industry’s focus on innovation, sustainability, and skill
Mega programs—from freight corridors and logistics hubs to metro development, underscore the critical role of EXCON
networks, airports, expressways and high-speed rail—continue to 2025 as a premier
generate sustained demand. But the nature of this demand is

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