UAE Construction Market to Witness Significant Growth During Forecast Period – TechSci Research

1. PUBLISHED : August 2019 2014 – 2024 INDIA CONCRETE EQUIPMENT MARKET BY EQUIPMENT, BY TYPE, BY CAPACITY, COMPETITION, FORECAST & OPPORTUNITIES © TechSci Research www.techsciresearch.com M A R K E T I N T E L L I G E N C E . C O N S U L T I N G 1

2. Table of Contents S. No. Contents Page No. 1. Product Overview 2. Research Methodology 3. Executive Summary 4. Voice of Customer 4.1. Factors Influencing Purchase Decision 4.2. Brand Awareness 4.3. Challenges & Unmet Needs 5. India Concrete Equipment Market Outlook 5.1. Market Size & Forecast 5.1.1. By Value & Volume 5.2. Market Share & Forecast 5.2.1. By Equipment (Truck Mixers, Concrete Pump, Batching Plants and Others) 5.2.2. By Type (Batching, Placing) 5.2.3. By Capacity (0-10 m3/h, 10-20 m3/h, 20-60 m3/h, 60-150 m3/h, 150-300 m3/h) 5.2.4. By Region 5.2.5. By Company 5.3. Product Market Map (By Equipment, By Type, By Capacity, By Region) 5.4. Product Benchmarking © TechSci Research 6. India Truck Mixers Market Outlook 6.1. Market Size & Forecast 6.1.1. By Value & Volume 6.2. Market Share & Forecast 2

3. Table of Contents S. No. Contents Page No. 6.2.1. By Type (Batching, Placing) 6.2.2. By Capacity (0-10 m3/h, 10-20 m3/h) 6.2.4. By Region 6.2.5. By Company 7. India Concrete Pumps Market Outlook 7.1. Market Size & Forecast 7.1.1. By Value & Volume 7.2. Market Share & Forecast 7.2.1. By Type (Batching, Placing) 7.2.2. By Capacity (20-60 m3/h, 60-150 m3/h, 150-300 m3/h) 7.2.3. By Region 7.2.4. By Company 8. India Batching Plants Market Outlook 8.1. Market Size & Forecast 8.1.1. By Value & Volume 8.2. Market Share & Forecast 8.2.1. By Type (Batching, Placing) © TechSci Research 8.2.2. By Capacity (20-60 m3/h, 60-150 m3/h, 150-300 m3/h) 8.2.3. By Region 8.2.4. By Company 9. India Other Concrete Equipment Market Outlook 3

4. Table of Contents S. No. Contents Page No. 9.1. Market Size & Forecast 9.1.1. By Value & Volume 9.2. Market Share & Forecast 9.2.1. By Type (Batching, Placing) 9.2.2. By Capacity (0-10 m3/h, 10-20 m3/h, 20-60 m3/h, 60-150 m3/h) 9.2.3. By Region 9.2.4. By Company 10. Market Dynamics 10.1. Drivers 10.2. Challenges 10.3. Impact Analysis 11. Market Trends & Developments 12. SWOT Analysis 13. Policy & Regulatory Landscape 14. India Economic Profile 15. Competitive Landscape 15.1. Schwing Stetter (India) Ltd. 15.2. Putzmeister India Pvt. Ltd © TechSci Research 15.3. Universal Construction Machinery & Equipment Ltd 15.4. KYB Conmat Pvt. Ltd. 15.5. Greaves Cotton Limited 4

5. Table of Contents S. No. Contents Page No. 15.2.6. SANY Heavy Industry Co. Ltd 15.2.7. Ajax Fiori Engineering (I) Pvt. Ltd. 15.2.8. Apollo Inffratech Pvt. Ltd. 15.2.9. Aquarius Engineers Pvt. Ltd. 15.2.10. BHAI Pumpcrete Pvt. Ltd. 16. Strategic Recommendations 17. About Us & Disclaimer © TechSci Research 5

6. List of Figures Figure No. Title Page No. Figure 1: India Concrete Equipment Market Size, By Value (USD Million), By Volume (Units), 2014-2024F Figure 2: India Concrete Equipment Market Share, By Equipment, By Volume, 2014-2024F Figure 3: India Concrete Equipment Market Share, By Type, By Volume, 2014-2024F Figure 4: India Concrete Equipment Market Share, By Capacity, By Volume, 2014-2024F Figure 5: India Concrete Equipment Market Share, By Region, By Volume, 2018 & 2024F Figure 6: India Concrete Equipment Market Share, By Company, By Value, 2014-2018 & 2024 Figure 7: Equipment Map-Market Size, By Volume (Units) & Growth Rate (%) Figure 8: Type Map-Market Size, By Volume (Units) & Growth Rate (%) Figure 9: Capacity Map-Market Size, By Volume (Units) & Growth Rate (%) Figure 10: Region Map-Market Size, By Volume (Units) & Growth Rate (%) Figure 11: India Truck Mixers Market Size, By Value (USD Million), By Volume (Units), 2014-2024F Figure 12: Growth in Infrastructure Activities, By Sector, 2018-19 (%) Figure 13: India Truck Mixers Market Share, By Type, By Volume, 2014-2024F Figure 14: India Truck Mixers Market Share, By Capacity, By Volume, 2014-2024F Figure 15: India Truck Mixers Market Share, By Region, By Volume, 2018 & 2024F) © TechSci Research Figure 16: India Truck Mixers Market Share, By Company, By Value, 2014-2018 & 2024F Figure 17: India Concrete Pumps Market Size, By Value (USD Million), By Volume (Units), 2014-2024F Figure 18: Highway Construction in India (Km), FY2014-FY2019 6

7. List of Figures Figure No. Title Page No. Figure 19: India Concrete Pumps Market Share, By Type, By Volume, 2014-2024F Figure 20: India Concrete Pumps Market Share, By Capacity, By Volume, 2014-2024F Figure 21: India Concrete Pumps Market Share, By Region, By Volume, 2018 & 2024F Figure 22: India Concrete Pumps Market Share, By Company, By Value, 2014-2018 & 2024F Figure 23: India Batching Plants Market Size, By Value (USD Million), By Volume (Units), 2014-2024F Figure 24: India Real Estate Market Size, FY08-FY28F (USD Billion) Figure 25: India Batching Plants Market Share, By Type, By Volume, 2014-2024F Figure 26: India Batching Plants Market Share, By Capacity, By Volume, 2014-2024F Figure 27: India Batching Plants Market Share, By Region, By Volume, 2018 & 2024F Figure 28: India Batching Plants Market Share, By Company, By Value, 2014-2018 & 2024F India Other Concrete Equipment Market Size, By Value (USD Million), By Volume (Units), 2014- Figure 29: 2024F Figure 30: Infrastructure Investment in India, During 2008-12, 2013-17, and 2018-2022F (USD Million) Figure 31: India Other Concrete Equipment Market Share, By Type, By Volume, 2014-2024F Figure 32: India Other Concrete Equipment Market Share, By Capacity, By Volume, 2014-2024F © TechSci Research Figure 33: India Other Concrete Equipment Market Share, By Region, By Volume, 2018 & 2024F Figure 34: India Other Concrete Equipment Market Share, By Company, By Value, 2014-2018 & 2024F 7

8. List of Tables Table No. Title Page No. Partial List of Upcoming Construction Projects in India, By Building Name, By City, By Height Table 1: (Meter), By Number of Floors, By End User, By Completion Year, As of 2018 Partial List of Proposed Construction Projects in India, By Building Name, By City, By Height Table 2: (Meter), By Number of Floors, By End User, By Completion Year, As of 2018 © TechSci Research 8

9. P r o d u c t O v e r v i e w Concrete Equipment Concrete equipment are utilized to mix and transport concrete. These equipment include truck mixers, batching plants, concrete pumps, truck mixer pumps, asphalt pavers, boom lines, etc. Truck mixers are used to mix cement, sand, gravel and other admixtures to produce concrete. In this a concrete mixer is generally mounted on the chassis of a truck. Batching plants are the stationary equipment, used to mix different admixtures with cement. Concrete pump is an equipment used to transfer liquid concrete to the specified location, which is combined and produced by batching plants and truck mixers. It also uses a remotely controlled robotic arm (boom) for accurate placing of concrete. Others concrete equipment include truck mixer pumps, placer booms, asphalt pavers, etc. These all equipment are available in multiple capacity ranges, which enable the manufacturers to offer customized product. CONCRETE EQUIPMENT MARKET CONCRETE EQUIPMENT MARKET Equipment Type Region Capacity North • Truck Mixers 0-10 m3/h • Batching • • South • Concrete Pumps 10-20 m3/h • • Placing • West • Batching Plants 20-60 m3/h • • © TechSci Research East • Others 60-150 m3/h • • 150-300 m3/h • Others include truck mixer pumps, placer booms, asphalt pavers, etc. Source: TechSci Research 9

10. Research Methodology Market Profiling Data Analysis Data Collection Data Developing List of Respondents Formulating Questionnaire Validation TechSci Research conducted interviews with industry experts and industry players for data collection and verification. The data was scrutinized using MS-Excel and statistical tools such as Time Series Analysis, etc. to obtain qualitative and quantitative insights about India concrete equipment market. Data obtained as a result of primary and secondary research was validated through rigorous triangulation. In-depth secondary research was conducted to determine top players in India concrete equipment market, overall market size and segmental market share. In order to conduct industry experts’ interviews, TechSci formulated a detailed questionnaire. List of industry players, distributors, and industry specialists was developed. Primary Research Desk Research Company Analysis Market Participants Key Strengths Product Differentiation ✓ ✓ ✓ Recent Developments Market Changing Aspects/Dynamics Government Policies Final Conclusion ✓ ✓ Identifying Key Opinion Leaders Questionnaire Design In-depth Interviews ✓ ✓ ✓ ✓ ✓ Primary Research Secondary Research Paid Sources Company Websites Company Annual Reports White Paper Study Financial Reports Investor Presentations Regulatory Body Associations, etc. Factiva Hoovers ✓ ✓ ✓ ✓ TechSci Internal Database LinkedIn ✓ Data Filter & Analysis Business Solution Actionable Insights Research & Intelligence ✓ Data Collection ✓ ✓ ✓ ✓ ✓ 10 © TechSci Research

11. Research Methodology Baseline Methodology: For the study, TechSci Research has gathered information through primary research surveys with leading India concrete equipment manufacturing companies. We have also put through an exhaustive search of credible paid databases such as Business Week, Factiva, etc., including our internal database. Our team of analysts has then prudently evaluated all the collected information and presented the same in chronological order to depict a meaningful and clear picture of the India concrete equipment market. While compiling the data, we have also cross-checked all the collected information from multiple sources and data warehouses, to present the most accurate and precise information of the concerned industry. Sampling Technique: While conducting the study, TechSci Research followed the stratified random sampling technique to shortlist the Key Opinion Leaders (KOLs) in various concrete equipment companies/dealers & distributors operating in India. KOLs based out of prominent concrete equipment companies/dealers & distributors were interviewed to identify the India concrete equipment market. Sample Size: Type of Respondents No. of Respondents Mid to Senior Management, Sales Managers, etc., of Concrete Equipment Companies/ Dealers & Distributors 45 Government 35 Industry Experts 20 Total 100 11 © TechSci Research

12. Research Methodology Market Size Calculation Technique: Primary Research For the preparation of India concrete equipment market report, bottom-up model has been used, which has been later cross validated by using top-down approach. TechSci Research interviewed Senior Managers and Regional Sales Managers of the prominent concrete equipment companies/dealers & distributors using Delphi technique for calculating the concrete equipment market size. Respondents were also asked about the current and future growth rates, market share by equipment, by type, by region and by capacity. All the information gathered was carefully analyzed, data points which exhibited high deviations from the majority estimates were eliminated as outliers and the remaining refined data points were put together to arrive at the data. Primary Research – Few of the Companies and/or their Dealers Interviewed S. No. Names of Companies and/or their Dealers Interviewed 1. Schwing Stetter (India) Ltd. 2. Ajax Fiori Engineering (I) Pvt. Ltd. 3. SANY Heavy Industry Co. Ltd 4. Greaves Cotton Limited 5. KYB Conmat Pvt. Ltd. 12 © TechSci Research

13. Research Methodology Secondary Research: We have put through an exhaustive search of credible paid databases such as Factiva, etc., in addition to our internal database. Further analysis of credible publications, white papers, company annual reports, investor presentations, news articles, etc., were also analyzed to cross validate the end findings derived from primary research. S. No. Few of the Secondary Sources 1. Ministry of Road Transport and Highways 2. World Bank 3. Council on Tall Buildings and Urban Habitat 4. Department of Heavy Industries 5. International Monetary Fund Forecasting Technique: The team has developed forecast on the basis of econometric and judgemental analysis in addition to statistical techniques such as averaging and geometric mean. During primary research interview, questions regarding historical sales trend of concrete equipment in India were put forward. Respondents were asked about the current and future growth rates, market share of concrete equipment in India. In order to forecast the India concrete equipment market, following forecast techniques were used: Time Series Analysis Econometric and Judgmental Analysis Moving Average • • • 13 © TechSci Research

14. INDUSTRY BRIEF According to TechSci Research report, “India Concrete Equipment Market By Equipment, By Type, By Capacity, Competition, Forecast & Opportunities, 2014-2024”, India concrete equipment market is projected to grow at a CAGR of 13% during 2019-2024, owing to high demand for concrete equipment in transit mixer segment. Moreover, demand for these equipment is expected to grow in newer segments such as commercial projects, mining, housing and agriculture, etc. Major projects such as construction of Chenab rail bridge, construction of flyover in length of 0.8 km at Jawaharlal Nehru Port, four laning of Piska More-Palma section in length of 23.1 km, Laying of 132 kV Likabali-Niglok, Likabali-Niglok, Rilo-Seijosa S/C lines including implementation of substations, etc., are in the pipeline. These projects would cumulatively support the demand for concrete equipment in the country during the forecast period. Schwing Stetter India Pvt. Ltd grabbed the highest satisfaction level among companies in product quality, technology, spare part availability, and price of concrete equipment market in India. Schwing Stetter India Pvt. Ltd dominates India concrete equipment market and it is expected to lead the market during the forecast period as well, owing to continuing collaborations with construction and technology companies coupled with the company’s strong sales network across the country. Among equipment, truck mixers account for the largest volume share in India concrete equipment market, and the segment is expected to lead the market during forecast period as well, owing to its use across industrial/commercial set-ups, especially, for high rise building construction in the country. North is the dominating region in India concrete equipment market as a huge number of large-scale projects are being undertaken in the region. “Various upcoming infrastructure projects coupled with government expenditure towards public infrastructure and construction sector in the country are © TechSci Research anticipated to boost India concrete equipment market during the forecast period. Moreover, favorable government policies regarding construction projects along with surging foreign investments in concrete equipment market, would further steer growth in the market over the next five years.” said Mr. Karan Chechi, Research Director with TechSci Research, a research based global management consulting firm. 14

15. SAMPLE DATA - SNAPSHOT India Concrete Equipment Market Size, By Value (USD Million), By Volume (Units), 2014-2024F CAGR (2014-2018) By Value: xxx% By Volume: xx% CAGR (2019E-2024F) By Value: xx% By Volume: xx% 2014 2015 2016 By Value (USD Million) 2017 2018 2019E 2020F 2021F 2022F 2023F 2024F By Volume (Units) India Concrete Equipment Market Share, India Concrete Equipment Market Share, By By Equipment, By Volume, 2018 Type, By Volume, 2018 Truck Mixers, 50.00% Others, 50.00% Batching, 50.00% Placing, 50.00% Concrete Pumps, 50.00% Batching Plants, 50.00% India Truck Mixers Market Share, By Type, By Volume, 2014-2024F © TechSci Research 2014 2015 2016 2017 2018 2019E 2020F 2021F 2022F 2023F 2024F 15

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17. About Us & Disclaimer TechSci Research is a global market research and consulting company with offices in the US, UK and India. TechSci Research provides market research reports in a number of areas to organizations. The company uses innovative business models that focus on improving productivity, while ensuring creation of high-quality reports. The proprietary forecasting models use various analyses of both industry-specific and macroeconomic variables on a state-by-state basis to produce a unique ‘bottom-up’ model of a country, regional and global industry prospects. Combined with the detailed analysis of company activity and industry trends, the result is a uniquely rich evaluation of the opportunities available in the market. Partial List of Clients Related Reports India Construction Equipment Market, Competition Forecast & Opportunities, 2024 Australia Construction Equipment Rental Market, Competition Forecast & Opportunities, 2024 Global Construction Equipment Market, Competition, Forecast & Opportunities, 2024 • • • TechSci Research – North America 708 Third Avenue, Manhattan, New York, United States Tel: +1- 646- 360- 1656 Email: sales@techsciresearch.com www.techsciresearch.com TechSci Research – Europe 54, Old brook, Bretton, Peterborough, United Kingdom Email: sales@techsciresearch.com www.techsciresearch.com TechSci Research – Asia-Pacific B – 44, Sector – 57, Noida, National Capital Region, U.P. - India Tel: +91-120-4523900 Email: sales@techsciresearch.com www.techsciresearch.com Disclaimer © TechSci Research The contents of this report are based on information generally available to the public from sources believed to be reliable. No representation is made that it is timely, accurate or complete. TechSci Research has taken due care and caution in compilation of data as this has been obtained from various sources including which it considers reliable and first hand. However, TechSci Research does not guarantee the accuracy, adequacy or completeness of any information and it is not responsible for any errors or omissions or for the results obtained from the use of such information and especially states that it has no financial liability whatsoever to the subscribers / users of this report. The information herein, together with all estimates and forecasts, can change without notice. All the figures provided in this document are indicative of relative market size and are strictly for client’s internal consumption. Usage of the same for purpose other than internal will require prior approval of TechSci Research. 17