TechNavio's analysts forecast the Engineering Goods market in India to grow at a CAGR of 15.42 percent over the period 2012-2016. One of the key factors contributing to this market growth is the growth of end-user industries. The Engineering Goods market in India has also been witnessing recent technological advancements. However, the lack of skilled workforce could pose a challenge to the growth of this market.
TechNavio's report, the Engineering Goods Market in India 2012-2016, has been prepared based on an in-depth market analysis with inputs from industry experts. The report focuses on India; it also covers the Engineering Goods market landscape and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.
The key vendors dominating this market space are ABB Ltd., Caterpillar Inc., Gildemeister AG, Komatsu Ltd., L&T Ltd., Kirloskar Brothers Ltd. and, Siemens AG.
Other vendors mentioned in the report are Alstom T&D India Ltd., BEML Ltd., BHEL, Crompton Greaves Ltd., Deere and Co., EMCO Ltd., Godrej Group, Ingersoll Rand Inc., L&T Ltd., Powerica Ltd., Tata Hitachi Construction Machinery Co. Ltd and, Vijai Electricals Ltd.
Key questions answered in this report:
What will the market size be in 2016 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?
What are the strengths and weaknesses of the key vendors?
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