Excavator Market in India 2015-2019

Nov 19, 2015, 17:45 ET from ReportBuyer

LONDON, Nov. 19, 2015 /PRNewswire/ -- About excavators
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.

Technavio's analysts forecast the excavator market in India to grow at a CAGR of 7.86% over the period 2014-2019.

Covered in this report
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.

Key vendors
- BEML
- Caterpillar
- JCB
- Komatsu India

Other prominent vendors
- Hyundai Construction Equipment India
- L&T Construction Equipment
- Tata Hitachi
- Volvo

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?
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