India Construction Equipment Rental Biz set for Record-Breaking Growth

The Indian construction equipment industry has been witnessing significant growth, and RNCOS estimates that the equipment rental business in the country will grow phenomenally in coming years with infrastructure development.

Noida, India (prHWY.com) February 1, 2012 - In India, the construction equipment rental industry is very small as compared to other Asian countries, such as China and Japan, but its growth prospects are immensely bright. According to "Booming Construction Equipment Market in India", the recent research report by RNCOS, backhoe loaders, mobile cranes, and hydraulic excavators are among the most popular equipment currently being rented in the country. With US$ 1 Trillion investment planned in infrastructure development during FY 2013-17, the construction equipment rental business in India is expected to receive a gigantic boost, and grow at a CAGR of around 33% by 2015.

The Indian construction equipment industry has been witnessing a consistent double-digit growth for the past few years. Though the economic slowdown had its moderate effects on the industry, it regained momentum in 2010 showing a stupendous growth which is expected to continue in coming years. The earth-moving segment, in particular, has been driving the overall construction equipment industry in the country, with the strong demand emanating from the government-backed infrastructure projects. The rising emphasis on infrastructure development has also led to a steady growth in the demand for equipment rentals in the last decade.

The report, a thoughtful research and cogent analysis of the Indian construction equipment industry, presents information, statistics and forecasts for all prominent market segments, including earth moving and material handling. It also analyzes the historic, current and upcoming trends to provide balanced market intelligence on the industry. Discussing the Indian rental equipment and equipment financing markets, the study also highlights how the after-sale services and the emergence of new players in this field are determining the industry's future growth. It also looks into various government initiatives and investments, and provides an insight into the competitive landscape to help clients understand the market scenario and growth potentials.

For FREE SAMPLE of this report visit: http://www.rncos.com/Report/IM277.htm

Some of our Related Reports are:

- US Cement Industry Analysis (http://www.rncos.com/Report/IM346.htm)
- Saudi Arabia Housing Sector Outlook (http://www.rncos.com/Report/IM213.htm)
- China Housing Sector Outlook 2013 (http://www.rncos.com/Report/IM212.htm)
- Vietnam Housing Forecast to 2013 (http://www.rncos.com/Report/IM257.htm)
- Brazil Housing Sector Analysis (http://www.rncos.com/Report/IM221.htm)

Check Related REPORTS on: http://www.rncos.com/Other%20Industry.htm

About RNCOS

RNCOS specializes in Industry intelligence and creative solutions for contemporary business segments. Our professionals analyze the industry and its various components, with a comprehensive study of the changing market behavior. Our accuracy and data precision proves beneficial in terms of pricing and time management that assist the intending consultants in meeting their objectives in a cost-effective and timely manner.

###

Tag Words: escorts ltd

Categories: Construction

Press Release Contact
B-129, Sector 6 Noida - 201301
91-120-4224-700
91-120-4224-707

Link To This Press Release:

URL HTML Code