Noida, UP -- (SBWire) -- 07/02/2015 --The mini excavator and other compact equipment have proved continued usefulness on work sites, especially in activities that cannot be performed by their larger, more traditional counterparts. This is one of the primary reasons for specific demand of these smaller machines. Another factor contributing to the increase in mini excavator sales has been the low cost to, own and operate this type of machine compared to that of other traditional machines. 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.
Research Analysis & Highlights
The report "Indian Mini Excavator Market Outlook 2020", by RNCOS spread over 80 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 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 Public Private Partnership (PPP) related projects 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 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. 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.
Some of the key highlights of the report include:
- Rising Infrastructural Projects to Fuel the Market Growth
- Strong Market Future Attracting Several Global Players in the Indian Market
- Technological Advancements for Better Efficiency Propelling the Industry
- Indian Industry witnessing large scale manufacturing facility expansion
For FREE SAMPLE of this report visit: http://www.rncos.com/Report/IM767.htm
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About RNCOS
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.
India Mini Excavator Industry to Demonstrate Significant Growth
India Mini Excavator market is anticipated to grow at a CAGR of around 12% during the forecast period 2015-2020, says RNCOS in its latest research report.