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Excavator Market in India to Grow at a CAGR of 7.86% During 2014-2019; Finds New Report

Market Research Reports, Inc. has announced the addition of “Excavator Market in India 2015-2019” research report to their website


Lewes, DE -- (SBWIRE) -- 08/26/2015 -- Report forecast the excavator market in India to grow at a CAGR of 7.86% over the period 2014-2019.

Excavators are used to unearth, transport, and unload materials with the help of a bucket fitted to a boom. They move on crawlers or wheels. Excavators are versatile heavy construction machines used for below- and above-ground operations, including land leveling, digging trenches, and sinking wells.

This report covers the present scenario and the growth prospects of the excavators market in India for 2015-2019. The market size has been calculated based on total revenue generated from the sale of excavators in India. It does not consider the sale of used equipment, or the revenue generated through contracts or maintenance.

The report also presents a detailed analysis of the four key vendors in the market. In addition, it discusses the major drivers that influence the growth of the market. It also outlines the challenges faced by vendors and the market at large, as well as the key trends emerging in the market.

According to the report, the major driver in the market is that the government is taking initiatives to improve the country's infrastructure and boost investment opportunities in the construction industry. In February 2015, it announced plans to invest $11.32 billion in infrastructure development for the fiscal year 2015-2016. Of the total investment, $6.57 billion will go to railway and road infrastructure. Apart from this, the government proposes to revive the tax-free bond, which was introduced four years ago, and will enable companies to raise funds without incurring any tax.

Key players in the Excavator Market in India: Bharat Earth Movers, Caterpillar, JCB, and Komatsu.

Other Prominent Vendors in the market are: Tata Hitachi, Volvo, L&T Construction Equipment.

Market driver
- Government initiatives
- For a full, detailed list, view our report

Market challenge
- High initial investment
- For a full, detailed list, view our report

Market trend
- Make in India initiative
- For a full, detailed list, view our report

Key questions answered in this report
- What will the market size be in 2019 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?

Spanning over 37 pages "Excavator Market in India 2015-2019" report covers Executive Summary, List of Abbreviations, Scope of the Report, Market Research Methodology, Introduction, India: Economic Overview, Construction Outlook: India, Earthmoving Equipment Market India, Market Landscape, Market Segmentation by Type, Buying Criteria, Market Growth Drivers, Drivers and their Impact, Market Challenges, Impact of Drivers and Challenges, Market Trends, Trends and their Impact, Vendor Landscape, Key Vendor Analysis.

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