Summary
Construction in India industry profile provides top-line qualitative and quantitative summary information including: market size (value 2019-24, and forecast to 2029). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
Key Highlights
- Construction market includes both residential and non-residential construction. Market value refers to the total output value of construction activity in a specific year. Construction output value is defined as the total value of construction activity in any given period, including costs related to all materials, equipment, and services used.
- The Indian construction industry recorded revenues of $861.3 billion in 2024, representing a compound annual growth rate (CAGR) of 9.9% between 2019 and 2024.
- The non-residential segment accounted for the industry's largest proportion in 2024, with total revenues of $603.1 billion, equivalent to 70.0% of the industry's overall value.
- In 2024, the Indian construction industry recorded an annual growth of 8.1%. The growth is attributed to the rise in household consumption expenditure on housing, driving residential construction activities. According to the MOPSI, in 2024, the final household consumption expenditure on housing per household in India reached $1,218.7, up 7.8% annually.
Scope
- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the construction market in India
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the construction market in India
- Leading company profiles reveal details of key construction market players’ global operations and financial performance
- Add weight to presentations and pitches by understanding the future growth prospects of the India construction market with five year forecasts
Reasons to Buy
- What was the size of the India construction market by value in 2024?
- What will be the size of the India construction market in 2029?
- What factors are affecting the strength of competition in the India construction market?
- How has the market performed over the last five years?
- What are the main segments that make up India's construction market?
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Table of Contents
1 Executive Summary
1.1. Market value
1.2. Market value forecast
1.3. Category segmentation
1.4. Geography segmentation
1.5. Market rivalry
1.6. Competitive landscape
2 Market Overview
2.1. Market definition
2.2. Market analysis
3 Market Data
3.1. Market value
4 Market Segmentation
4.1. Category segmentation
4.2. Geography segmentation
5 Market Outlook
5.1. Market value forecast
6 Five Forces Analysis
6.1. Summary
6.2. Buyer power
6.3. Supplier power
6.4. New entrants
6.5. Threat of substitutes
6.6. Degree of rivalry
7 Competitive Landscape
7.1. Who are the leading players?
7.2. What strategies do the leading players follow?
7.3. What are the strengths of the leading players?
8 Company Profiles
8.1. Larsen & Toubro Ltd
8.2. NCC Ltd
8.3. Ircon International Ltd
8.4. Hindustan Construction Co Ltd
8.5. Tata Projects Ltd
9 Macroeconomic Indicators
9.1. Country data
10 Appendix
10.1. Methodology
10.2. Industry associations
10.3. Related MarketLine research
10.4. About MarketLine
List of Tables
Table 1: India construction industry value: $ million, 2019-24
Table 2: India construction industry category segmentation: % share, by value, 2019-24
Table 3: India construction industry category segmentation: $ million, 2019-24
Table 4: India construction industry geography segmentation: $ million, 2024
Table 5: India construction industry value forecast: $ million, 2024-29
Table 6: Larsen & Toubro Ltd: Key Facts
Table 7: Larsen & Toubro Ltd: Annual Financial Ratios
Table 8: Larsen & Toubro Ltd: Key Employees
Table 9: NCC Ltd: Key Facts
Table 10: NCC Ltd: Annual Financial Ratios
Table 11: NCC Ltd: Key Employees
Table 12: Ircon International Ltd: Key Facts
Table 13: Ircon International Ltd: Annual Financial Ratios
Table 14: Ircon International Ltd: Key Employees
Table 15: Hindustan Construction Co Ltd: Key Facts
Table 16: Hindustan Construction Co Ltd: Annual Financial Ratios
Table 17: Hindustan Construction Co Ltd: Key Employees
Table 18: Tata Projects Ltd: Key Facts
Table 19: Tata Projects Ltd: Key Employees
Table 20: India Size of Population (Million), 2020-24
Table 21: India Real GDP (Constant 2010 Prices, $ Billion), 2020-24
Table 22: India GDP (Current Prices, $ Billion), 2020-24
Table 23: India Inflation, 2020-24
Table 24: India Consumer Price Index (Absolute), 2020-24
Table 25: India Exchange Rate, 2019-24
List of Figures
Figure 1: India construction industry value: $ million, 2019-24
Figure 2: India construction industry category segmentation: $ million, 2019-24
Figure 3: India construction industry geography segmentation: % share, by value, 2024
Figure 4: India construction industry value forecast: $ million, 2024-29
Figure 5: Forces driving competition in the construction industry in India, 2024
Figure 6: Drivers of buyer power in the construction industry in India, 2024
Figure 7: Drivers of supplier power in the construction industry in India, 2024
Figure 8: Factors influencing the likelihood of new entrants in the construction industry in India, 2024
Figure 9: Factors influencing the threat of substitutes in the construction industry in India, 2024
Figure 10: Drivers of degree of rivalry in the construction industry in India, 2024
