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GIA initiates research coverage on the global Construction Equipment market, as part of its ongoing multiple research projects on diverse industries and markets. The soon to be released report identifies recovering construction activity in developed economies, rapid urbanization in developing countries and increased government spending on infrastructure development, as primary growth drivers in the market.
San Jose, California (PRWEB) July 17, 2014
Follow us on LinkedIn GIA is pleased to announce the launch of a major research program analysing the trends impacting the market for Construction Equipment. Invited to participate in this comprehensive grassroots level global research initiative are senior industry executives, domain experts, technologists and market strategists. The new report to be issued shortly will offer accurate assessment of global market developments including major technologies, trends and challenges, together with descriptive, exploratory, and quantitative analysis of major product and geographic market segments. For details about how you can participate in this primary research program to include your inputs prior to the publication, please click here.
The construction equipment market comprises of excavators, cranes, loaders, and dump trucks, among others. Demand in the market is hugely dependent on the health of building construction, infrastructure projects and surface mining activities. Developing markets such as Latin America and Asia-Pacific are poised to fuel future growth in the market supported by massive investments in infrastructure projects such as oil refinery, mining, ship building and power generation. China, India, South Korea and Indonesia are forecast to spur growth in Asia-Pacific led by rapid urbanization, rising disposable incomes, and increased spending on residential building constructions. In addition to loaders and mixers, strong growth is also expected to stem from other product markets, such as, cranes, graders, excavators, draglines, rollers, off highway tractors and trucks.
The upcoming report will offer coverage on major companies including AB Volvo, Atlas Copco AB, Caterpillar Inc., Doosan Infracore, Deere & Co, and Ingersoll-Rand Plc, among others.
In addition, the study will also provide:
About Global Industry Analysts, Inc.
Global Industry Analysts, Inc., (GIA) is a leading publisher of off-the-shelf market research. Founded in 1987, the company currently employs over 800 people worldwide. Annually, GIA publishes 1500+ full-scale research reports and analyzes 40,000+ market and technology trends while monitoring more than 126,000 Companies worldwide. Serving over 9500 clients in 27 countries, GIA is recognized today, as one of the world's largest and reputed market research firms.
Global Industry Analysts, Inc.
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