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Construction Equipment Market in India 2016 to grow at a CAGR of 20.85% during the period to 2020

03-23-2016 12:43 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Reports Buzz

Construction Equipment Market in India 2016 to grow at a CAGR

Construction equipment in general refers to heavy-duty vehicles that are specially designed for executing construction tasks, mainly earthwork operations. Construction equipment offers an efficient, accurate, easy, and cost-effective method for the construction of complex and high-quality infrastructure.

Construction Equipment market in India to grow at a CAGR of 20.85% over the period 2013-2018.

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Covered in this Report

This report covers the present scenario and the growth prospects of the Construction Equipment Market in India for the period 2014-2018 in the Construction industry. To calculate the market size the report considers the sales of construction equipment in India only. It does not consider the sale of used equipment as well as the revenue generated from the contracts and maintenance. It primarily focuses on the sale of equipment in past few years and condition of the global construction industry as a whole. The report also talks about the FDI inflows and export and import of the construction equipment in country. The performance of the construction market is forecasted with the help of the predicted CAGR after the analysis of the present condition of the market. In addition, it discusses the major drivers that influence the growth, the challenges faced by vendors and the market at large, as well as the key trends that are emerging in the market.

Key Vendors

Bharat Earth Movers
Caterpillar
J C Bamford Excavators
Komatsu

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Other Prominent Vendors

Doosan Group
Hitachi Construction Machinery
Liebherr
Volvo

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