Reports
Sale
Indian Construction Market Size, Share, Trends, Growth: By End-Use: Commercial, Residential, Industrial, Infrastructure; Regional Analysis; Market Dynamics: SWOT Analysis, Porter’s Five Forces Analysis, Key Indicators for Demand, Key Indicators for Price; Value Chain Margin Analysis; Cost Structure; Competitive Landscape; 2024-2032
Indian Construction Market Size
The Indian construction market reached USD 687.38 billion in 2023. The market is projected to grow at a CAGR of 8.6% between 2024 and 2032, reaching almost USD 1447.92 billion by 2032.
Indian Construction Market Outlook
- The domestic TMT bar production recorded a y-o-y growth of 3.8MT, reaching 51MT in 2023.
- The sale of construction equipment recorded a y-o-y growth of 26% in FY2023-24.
- India is expected to have the world’s 2nd largest network of urban metro railways by 2026.
Indian Construction Market Growth
The Indian government’s focus on boosting socio-economic development has led to initiatives like the Parvatmala project, under which the construction of bridges in major pilgrimage sites in Uttarakhand has received a big boost. Moreover, major metropolitan cities like Mumbai are also expected to attract investments worth $60 billion over the next 5-7 years in major infrastructure development projects that can boost connectivity between the mainland and the island region of Mumbai and turn the city into a major IT hub.
Roadway development projects are expected to ease the problem of traffic congestion in Mumbai, as the city has 2000 cars for each km of road . The expansion of the luxury real estate sector in India, driven by the increasing demand for premium living spaces is expected to drive the market development in the coming years.
Rising infrastructural investments have spurred the demand for TMT (thermos-mechanically treated) bars which are durable, earthquake-resistant, and high-strength building reinforcement materials. TMT bars accounted for nearly 42% of India’s overall steel production in 2023. The development of advanced construction technologies and sustainable infrastructure is expected to drive the demand for cost-effective TMT bars and rods over the forecast period.
Indian Construction Industry Segmentation
Indian Construction Market Report and Forecast 2024-2032 offers a detailed analysis of the market based on the following segments:
Market Breakup by End-Use
- Commercial
- Medical and Healthcare
- Retail
- Sports
- Others
- Residential
- Industrial
- Infrastructure
Market Breakup by Region
- North India
- East and Central India
- West India
- South India
Indian Construction Market Share
Based on end-use, the market is divided into commercial, residential, industrial, and infrastructure. Though all market segments are expected to witness substantial growth in the forecast period, the infrastructure segment is expected to account for a major market share in the coming years. This is because of increasing government investments in the sector, which are aimed at attracting new businesses and boosting economic growth.
Leading Companies in the Indian Construction Market
The report provides a detailed analysis of the following key players in the market, covering their competitive landscape and latest developments like mergers and acquisitions, investments, and capacity expansion.
- Larsen & Toubro Limited
- Reliance Infrastructure Ltd.
- Punj Lloyd Limited
- Shapoorji Pallonji Co. Pvt. Ltd
- GMR Infrastructure Limited
- Tata Projects
- Gammon India Limited.
- KEC International Limited
- Welspun Group
- Others
Major players in the market are adopting innovative technologies like BIM and AI to enhance the efficiency of construction activities.
Key Highlights of the Report
| REPORT FEATURES | DETAILS |
| Base Year | 2023 |
| Historical Period | 2018-2023 |
| Forecast Period | 2024-2032 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
|
| Breakup by End-Use |
|
| Breakup by Region |
|
| Market Dynamics |
|
| Competitive Landscape |
|
| Companies Covered |
|
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Market Snapshot
7 Opportunities and Challenges in the Market
8 Indian Economy Outlook
8.1 Population
8.2 Inflation
8.3 GDP
8.4 Income Demographics
9 Government Initiatives and Policies
10 Indian Construction Market Overview
10.1 Key Industry Highlights
10.2 Indian Construction Historical Market (2018-2023)
10.3 Indian Construction Market Forecast (2024-2033)
11 Indian Construction Market by End-Use
11.1 Commercial
11.1.1 Historical Trend (2018-2023)
11.1.2 Forecast Trend (2024-2033)
11.1.3 Market by Type
11.1.3.1 Medical and Healthcare
11.1.3.2 Retail
11.1.3.3 Sports
11.1.3.4 Others
11.2 Residential
11.2.1 Historical Trend (2018-2023)
11.2.2 Forecast Trend (2024-2033)
11.3 Industrial
11.3.1 Historical Trend (2018-2023)
11.3.2 Forecast Trend (2024-2033)
11.4 Infrastructure
11.4.1 Historical Trend (2018-2023)
11.4.2 Forecast Trend (2024-2033)
12 Indian Construction Market by Region
12.1 North India
12.1.1 Historical Trend (2018-2023)
12.1.2 Forecast Trend (2024-2033)
12.2 East and Central India
12.2.1 Historical Trend (2018-2023)
12.2.2 Forecast Trend (2024-2033)
12.3 West India
12.3.1 Historical Trend (2018-2023)
12.3.2 Forecast Trend (2024-2033)
12.4 South India
12.4.1 Historical Trend (2018-2023)
12.4.2 Forecast Trend (2024-2033)
13 Market Dynamics
13.1 SWOT Analysis
13.1.1 Strengths
13.1.2 Weaknesses
13.1.3 Opportunities
13.1.4 Threats
13.2 Porter’s Five Forces Analysis
13.2.1 Supplier’s Power
13.2.2 Buyer’s Power
13.2.3 Threat of New Entrants
13.2.4 Degree of Rivalry
13.2.5 Threat of Substitutes
13.3 Key Indicators for Demand
13.4 Key Indicators for Price
14 Value Chain Margin Analysis
15 Cost Structure
15.1 Materials
15.2 Labour Cost
15.3 Machinery
15.4 Utilities
15.5 Transportation/Distribution
16 Competitive Landscape
16.1 Market Structure
16.2 Company Profiles
16.2.1 Larsen & Toubro Limited
16.2.1.1 Company Overview
16.2.1.2 Product Portfolio
16.2.1.3 Demographic Reach and Achievements
16.2.1.4 Certifications
16.2.2 Reliance Infrastructure Ltd.
16.2.2.1 Company Overview
16.2.2.2 Product Portfolio
16.2.2.3 Demographic Reach and Achievements
16.2.2.4 Certifications
16.2.3 Punj Lloyd Limited
16.2.3.1 Company Overview
16.2.3.2 Product Portfolio
16.2.3.3 Demographic Reach and Achievements
16.2.3.4 Certifications
16.2.4 Shapoorji Pallonji Co. Pvt. Ltd
16.2.4.1 Company Overview
16.2.4.2 Product Portfolio
16.2.4.3 Demographic Reach and Achievements
16.2.4.4 Certifications
16.2.5 GMR Infrastructure Limited
16.2.5.1 Company Overview
16.2.5.2 Product Portfolio
16.2.5.3 Demographic Reach and Achievements
16.2.5.4 Certifications
16.2.6 Jaiprakash Associates Limited (Jaypee Group)
16.2.6.1 Company Overview
16.2.6.2 Product Portfolio
16.2.6.3 Demographic Reach and Achievements
16.2.6.4 Certifications
16.2.7 Tata Projects
16.2.7.1 Company Overview
16.2.7.2 Product Portfolio
16.2.7.3 Demographic Reach and Achievements
16.2.7.4 Certifications
16.2.8 Gammon India Limited.
16.2.8.1 Company Overview
16.2.8.2 Product Portfolio
16.2.8.3 Demographic Reach and Achievements
16.2.8.4 Certifications
16.2.9 KEC International Limited
16.2.9.1 Company Overview
16.2.9.2 Product Portfolio
16.2.9.3 Demographic Reach and Achievements
16.2.9.4 Certifications
16.2.10 Welspun Group
16.2.10.1 Company Overview
16.2.10.2 Product Portfolio
16.2.10.3 Demographic Reach and Achievements
16.2.10.4 Certifications
16.2.11 Others
17 Key Trends and Developments in the Market
List of Key Figures and Tables
1. Indian Economy Outlook
2. Indian Construction Market: Key Industry Highlights, 2018 and 2032
3. Indian Construction Historical Market: Breakup by End Use (USD Billion), 2018-2023
4. Indian Construction Market Forecast: Breakup by End Use (USD Billion), 2024-2032
5. Indian Construction Historical Market: Breakup by Region (USD Billion), 2018-2023
6. Indian Construction Market Forecast: Breakup by Region (USD Billion), 2024-2032
7. Indian Construction Market Structure
Key Questions Answered in the Report
The market was valued at nearly USD 687.38 billion in 2023.
The market is projected to grow at a CAGR of 8.6% between 2024 and 2032.
The market is assessed to witness a healthy growth in the forecast period to reach around USD 1447.92 billion in 2032.
TMT is a crucial reinforcement material for India’s construction sector.
Yes, airport expansion one of the key trends facilitating the market growth.
The major end uses of construction include commercial, residential, industrial, and infrastructure.
The different regions in the market include North India, East and Central India, West India, and South India.
The key market players are Larsen & Toubro Limited, Reliance Infrastructure Ltd., Punj Lloyd Limited, Shapoorji Pallonji Co. Pvt. Ltd, GMR Infrastructure Limited, Tata Projects, Gammon India Limited., KEC International Limited, and Welspun Group, among others.
Purchase Options 10% off
Call us
Purchase Full Report
Datasheet
$ 2199
$1999
-
Selected Sections, One User
-
Printing Not Allowed
-
Email Delivery in PDF
-
Free Limited Customisation -
Post Sales Analyst Support -
50% Discount on Next Update
Single User License
$ 3299
$2999
-
All Sections, One User
-
One Print Allowed
-
Email Delivery in PDF
-
Free Limited Customisation -
Post Sales Analyst Support -
50% Discount on Next Update
Five User License
$ 4399
$3999
-
All Sections, Five Users
-
Five Prints Allowed
-
Email Delivery in PDF
-
Free Limited Customisation
-
Post Sales Analyst Support
-
50% Discount on Next Update
Corporate License
$ 5499
$4999
-
All Sections, Unlimited Users
-
Unlimited Prints Allowed
-
Email Delivery in PDF + Excel
-
Free Limited Customisation
-
Post Sales Analyst Support
-
50% Discount on Next Update
Any Question? Speak With An Analyst
View A Sample
Did You Miss Anything, Ask Now
Why Expert Market Research?
Right People
We are technically excellent, strategic, practical, experienced and efficient; our analysts are hand-picked based on having the right attributes to work successfully and execute projects based on your expectations.
Right Methodology
We leverage our cutting-edge technology, our access to trusted databases, and our knowledge of the current models used in the market to deliver you research solutions that are tailored to your needs and put you ahead of the curve.
Right Price
We deliver in-depth and superior quality research in prices that are reasonable, unmatchable, and shows our understanding of your resource structure. We, additionally, offer attractive discounts on our upcoming reports.
Right Support
Our team of expert analysts are at your beck and call to deliver you optimum results that are customised to meet your precise needs within the specified timeframe and help you form a better understanding of the industry.
NEWSLETTER