13% CAGR forecasted for the Construction Equipment Market in India in a new research report


Posted November 27, 2019 by andrewthomas

The completed study estimated growth in the Indian market for construction equipment at 13% CAGR between FY 2015 to FY 2020, where it will reach a value of INR 327.4 bn by FY 2020.
 
Research on Global Markets has published its report on the Construction Equipment Market in India recently. It covers the business of buying and selling various forms of machinery, tools used in the construction of buildings, roads, highways, airports, etc.

Each construction project has various needs, and as a result of this market now encompasses a dearth of items such as derricks, hoists, material handling equipment, platforms, runways, safeguards, protective devices, cranes, with each of these machines having their own variations.

Plenty of projects are being undertaken across the country, spanning small real estate developments to massive government projects – both of which require such equipment. The completed study estimated growth in the Indian market for construction equipment at 13% CAGR between FY 2015 to FY 2020, where it will reach a value of INR 327.4 bn by FY 2020.

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This report on the Construction Equipment Industry in India delivers authentic market intelligence on this market, primarily for the user’s objectives. Our data presented inside it comes directly from the sources and is verified for authenticity. As such, it can be used by anyone who needs to validate their own findings on this and related industry in whatever settings they are required to do so.
-Critical factors covered in this analytical report
This market report is a systematic, objective analysis of data we collected about multiple target markets, competitors and the environment they operate in at large. We have published it in a way that makes it easier for one to collect necessary information on this industry or enable entrepreneurs to approach commercial decisions in the right way.

• Key growth drivers, deterrents of this market taking into consideration relevant socio-economic indicators that have given it the structure the Indian market for construction equipment has today.
• An overall view of the domestic market size and forecasting growth factors in the future.
• Details on important segments of the Construction Equipment Industry in India, including categories of equipment, material processing equipment, material handling equipment; their size and structure based on volumes moved and values earned.
• Analyzing the trade scenario for Indian construction equipment with information on types of equipment exported and revenues earned or lost on the same.

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Categories Construction , Reports , Research
Tags Construction Equipment Market in India , Construction Equipment Industry in India , Construction equipment market size
Last Updated November 27, 2019