Noida, UP -- (SBWIRE) -- 04/18/2014 -- The Indian Mini Excavator Industry is expected to grow as excavating equipments are witnessing a spurt in advanced technology, enabling construction companies to have better margins on their investments. And further to highlight the brand image well in the growth torrent, manufacturers are making efforts in inducting newer technologies in their excavator product line. Moreover, construction is also increasingly becoming more oriented towards mechanization to reduce project time and control costs, leading to higher demand for mini excavators. Considering the above factors, the Indian Mini Excavator industry is projected to grow at a CAGR of around 24% during the forecast period 2013-2017.
As per our analysis, the Indian Mini Excavator Market presently although at a emerging stage, is expected to gain momentum considerably well in the coming years, owing to the up surging need for technologically more advance and rugged equipments for the earth moving purposes in the Indian Construction Industry. Further, another aspect supporting the industry optimistically is the increasing interest of the global players in the market.
The report “Indian Mini Excavator Market Outlook to 2017”, by RNCOS spread over 50 pages provides an in-depth research and rational analysis of the current status and future growth prospects of the Mini Excavator Industry in the country. Our research includes study of Upcoming Infrastructural Projects and PPPs in the country. Besides that, the report exhibits the emerging trends and drivers in country which are boosting the Mini Excavator industry in the country. Additionally, our research also includes analysis of major technological developments of the mini excavator industry. Other than that, to provide a comprehensive view, the research also provides information about favorable government policies in the country.
Further, through the section of key players, we have tried to provide the insight of current market scenario and existing competition to our customers. Additionally, we have also covered the product portfolio and recent development of these players in the country. In all, the report presents a comprehensive look at the sector’s past, present, and future scenario which would guide our clients to frame suitable and profitable strategies for a better growth in market.
For FREE SAMPLE of this report visit: http://www.rncos.com/Report/IM636.htm
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RNCOS is a leading industry research and consultancy firm incorporated in 2002. As a pioneer in syndicate market research, our vision is to be a global leader in the industry research space by providing research reports and actionable insights to companies across a range of industries such as Healthcare, IT and Telecom and Retail etc. We offer comprehensive industry research studies, bespoke research and consultancy services to Fortune 1000, Trade associations, and Government agencies worldwide.