Oct 14 2010
Research and Markets has announced the addition of the "Booming Construction Equipment Market in India" report to their offering.
Being the worlds seventh largest country by area and second biggest by population makes India one of the most dynamically growing and still, largely untapped construction equipment industry. The country has witnessed massive investment in the construction industry from both public and private enterprises in recent years. Multibillion dollar investments made in constructing roads, ports, power plants, telecommunication sector, urban infrastructural developments, etc have paved the way for construction equipments demand to grow substantially in recent years.
According to the research report Booming Construction Equipment Market in India, the construction equipment industry in India has witnessed consistent double digit CAGR growth over the past few years. The global economic slowdown had its moderate effects on the industry, but it regained growth momentum in FY 2010 and showed positive year-on-year growth. Particularly, the earth moving segment is driving the overall industry with strong demand emanating from government backed infrastructure projects. The segment is poised for an unprecedented CAGR of around 18% during FY 2011 FY 2014. Over the last 3-4 years, various new entrants made inroad to the Indian construction equipment industry. Some of the biggest names belong to Japan, the US and Korea. Besides, a number of domestic companies are either expanding their domestic capacities or diversifying their product portfolio. With the emergence of new market players and expansion plans underway, the industry is expected to become more competitive and fragmented. However, these new capacities will find their home quite comfortably in the domestic market amid growing mechanization and proposed large infrastructural projects.
This report provides profound research and rational analysis of the Indian construction equipment industry. It provides information/statistics of all prominent market segments including earth moving, material handling, concrete equipments and road building equipments. Analysis of past, present and upcoming industry trends provide balanced market intelligence on the concerned industry. In addition, the authors have covered key industry players and their business description to examine industry's competitiveness and growth potentials.
In addition, the report has given the industry forecast based on correlation of past drivers, challenges and opportunities for expansion. In this way, the report gives an unbiased market picture that will prove decisive for clients.
Key Topics Covered:
- Analyst View
- India in Global Context
- Emerging Market Trends
- Industry Performance and Outlook by 2014
- Construction Equipment Rental Market
- Construction Equipment Financing Market Potentials
- Regulatory Environment Analysis
- Industry Growth Accelerators
- Competitive Landscape
- List of Tables
- List of Figures
Companies Mentioned:
- BEML Ltd
- Elecon Engineering Co. Ltd
- TRF Limited
- Action Construction Equipment Limited
- Escorts Limited
Source: http://www.researchandmarkets.com/