Construction Equipment market in India to grow at a CAGR of 20.85 percent by 2018

Construction Equipment Market in India 2014-2018 is a new market research publication announced by Reportstack. 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. 

The analysts forecast that the Construction Equipment market in India to grow at a CAGR of 20.85 percent over the period 2013-2018. 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

Other Prominent Vendors

• Doosan Group

• Hitachi Construction Machinery

• Liebherr

• Volvo