Hydraulic Component Market in India 2012-2016:MarketResearchReports.biz
TechNavio's analysts forecast the Hydraulic Component market in India to grow at a CAGR of 14.20 percent over the period 2012-2016. One of the key factors contributing to this market growth is the increasing demand for earth-moving, material-handling, and mining equipment. The Hydraulic Component market in India has also been witnessing the steady reduction in delivery lead times. However, rising raw material prices could pose a challenge to the growth of this market.
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