India Off-highway Equipment (OHE) Market Analysis Report 2022-2030: Focus on Hybridization and Electrification, Rental and Used Equipment, Connected Off-highway Equipment, Government Initiatives

News provided by

Dec 14, 2022, 15:45 ET

DUBLIN, Dec. 14, 2022 /PRNewswire/ -- The "Indian Off-highway Equipment (OHE) Growth Opportunities" report has been added to ResearchAndMarkets.com's offering.

The growth of online models will increase product-based or bundled cross selling across distributor Web stores, equipment dealer networks, B2B and B2C eCommerce Web pages, and mobile apps.

The increasing sale of aftermarket spares and lubricants through online marketplaces will also lead to the seamless sale of used equipment, with a win-win model for both buyers and sellers.

The evolving and competitive online business platform space has reduced gaps between buyers and sellers. B2B eCommerce and marketplace sites allow stakeholders to buy, rent, sell, auction, and perform various activities related to equipment sourcing. B2B online platforms are also used to buy, sell, and auction used construction equipment.

About 9% of machines are currently fitted with telematics on site to ascertain fuel efficiency, engine health, transmission, and machine performance and access information online.

Market participants are beginning to understand telematics' advantages, and the technology is set to capture the Indian market over the next 10 years. With the younger population looking for profitable earning options in urban India, the agriculture sector is experiencing a labor shortage, and farmers are trying to compensate with increased mechanization.

In addition, the increased productivity of machine-based processes is increasing the demand for off-highway equipment and agricultural tractors.

Key Topics Covered:

1 Strategic Imperatives

Why is it Increasingly Difficult to Grow?
The Strategic Imperative
The Impact of the Top 3 Strategic Imperatives on the Off-highway Equipment Industry
Growth Opportunities Fuel the Growth Pipeline Engine

2 Growth Environment

Key Findings
Overview of the Indian OHE Market
Key Competitors
Scope of Analysis
Market Segmentation

3 India's Macroeconomic Outlook, 2030

GDP Growth Outlook
Urbanization and Mega Cities
Real Estate

4 Market Drivers and Restraints

Growth Drivers
Growth Restraints

5 Government Initiatives Driving Market Growth

Major Projects in Focus to Boost the Indian Economy
Enabling India's Manufacturing Competitiveness through Logistics
Mining Market Overview
Road Construction Market Overview
Government Initiatives under NIP by 2025
Agriculture Sector Overview
Investment Projects in the Agriculture Sector
Off-highway Equipment Market Overview
Off-highway Equipment Unit Sales
Earthmoving Equipment - Market Overview
Road Construction Equipment - Market Overview
Material-handling Equipment - Market Overview
Agricultural Tractors - Market Overview

6 Hybridization and Electrification

OHE Alternate Fuel Powertrain - Working Principle
Electrification - Technology Roadmap
Hybrid and Electric Equipment Unit Sales and Equipment in Operation
Electric Tractors - Leading Manufacturers' Product Development Trends

7 Connected Off-highway Equipment

Connected Off-highway Equipment - Definitions
Telematics in Construction and Mining Equipment
Connected Off-highway Equipment - Features in Demand
Snapshot of Features OEMs are Offering
Snapshot of Features TSPs are Offering
Installed Base Forecast by Segment
Connected Off-highway Equipment Revenue Forecast

8 Rental and Used Equipment Market

Business Models - Renting and Leasing
Rental Equipment Market Overview
Shift in End-user Perspectives Leading to New Business Models (Rental and Leasing of Machinery, for example)
Top Trend Area - Omnichannel: Online Channels to Market

9 Market Forecast

Growth Metrics
Forecast Assumptions
Forecast Methodology
Off-highway Equipment Unit Sales Forecast
Earthmoving Equipment Unit Sales Forecast
Road Construction Equipment Unit Sales Forecast
Material-handling Equipment Unit Sales Forecast
Agriculture Tractor Unit Sales Forecast

10 Growth Opportunity Universe

Growth Opportunity 1 - Surge in the Mechanization of Processes
Growth Opportunity 2 - Demand for Rental and Leasing Models
Growth Opportunity 3 - Proliferation of Telematics

For more information about this report visit https://www.researchandmarkets.com/r/r7soob

Media Contact:
Research and Markets
Laura Wood, Senior Manager
[email protected]

For E.S.T Office Hours Call +1-917-300-0470
For U.S./CAN Toll Free Call +1-800-526-8630
For GMT Office Hours Call +353-1-416-8900

U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716

Logo: https://mma.prnewswire.com/media/539438/Research_and_Markets_Logo.jpg

SOURCE Research and Markets