India Mini Excavator market is anticipated to grow at a CAGR of around 12% during the forecast period 2015-2020, says RNCOS.
Noida, UP -- (SBWIRE) -- 08/21/2015 -- Excavators prevail as one of the major segments of the construction equipment industry. The excavation activities like drilling, shafts, foundation digging and grading for real estate, irrigation and road projects are driving the demand for excavators. The ongoing infrastructure development across the country during the last few years has led the excavator market to grow at a very remarkable rate. Considering the above factors, the Indian Mini Excavator industry is projected to grow at a CAGR of around 12% during the forecast period 2015-2020.
As per our analysis, the excavator industry's performance is directly linked to investment in Infrastructure, which is high priority in India. The industry is expected to grow in speed with Infrastructure sector. Spanning from roadways to airways; ports to airports; and power production facilities, the Indian infrastructure sector is becoming vast and robust wherein mini excavators are already massively used in urban infrastructure development and road development, while the heavier duty excavators are used in mining and heavy construction.
The report "Indian Mini Excavator Market Outlook 2020", by RNCOS 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 the construction industry further bifurcated into real estate and infrastructure which is the major opportunity segment for the excavator market. It also includes, upcoming Infrastructural Projects and PPP in the country which would act as a driving factor for the Mini Excavator Market. 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 across the world coupled with their instances to support these advancements. 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, dealer's network 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.
For FREE SAMPLE of this report visit: http://www.rncos.com/Report/IM767.htm
Check Related REPORTS on: http://www.rncos.com/Other-Industry.htm
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.