India Material Handling Equipment Market: Industry Analysis and Forecast (2019-2027) by Product and Application.

India Material Handling Equipment Market size is expected to reach by 2027, at a CAGR of 9.8% during the forecast period.

The report includes the analysis of impact of COVID-19 lock-down on the revenue of market leaders, followers, and disrupters. Since lock down was implemented differently in different regions and countries, impact of same is also different by regions and segments. The report has covered the current short term and long term impact on the market, same will help decision makers to prepare the outline for short term and long term strategies for companies by region.



To know about the Research Methodology:-Request Free Sample Report

India Material Handling Equipment Market Is expected to grow at 10 % CAGR during the forecast period.

Continuous investments in core manufacturing sectors drive the demand for material handling equipment products. In addition, increased need for automation and shrinking timelines of infrastructures projects demands for material handling equipment thereby resulting in an upward trend. The attractive e-commerce industry, rising labor costs, technological advancements further accelerate the growth of India material handling equipment market. However, high initial costs, lack of awareness and real-time technical challenges constrain the market growth.
India Material Handling Equipment Market Segment Analysis:
Manufacturing segment dominated the India material handling equipment market and will continue its dominance throughout the forecast. Make in India initiative to boost the growth of the manufacturing sector, the market is expecting to see attractive growth in manufacturing and consequently in logistics and distribution activities for the forecast duration. Total warehousing requirement in India is expected to grow at a CAGR of 7.5 %. Investment in the warehouse will offer a prospect of realizing returns in the range of 12%-20% per annum to investors willing to explore the sector. India logistic industry expected to grow at 15% to 20% per annum.

Pick and Carry crane held 30% share followed by forklift and screw cranes. The key drivers for pick and carry crane segment are the construction and industrial sectors. Within the construction sector, the key demand driver is urban infrastructure while that of industrial applications is steel and power industries. Other cranes include slew cranes, crawler cranes and tower cranes. These are advanced value, more sophisticated cranes than pick-n-carry cranes and are usually used for heavier duty work. Demand for other cranes is driven primarily by the construction and industrial sector in the refinery and mining sectors. With the increasing average scale of infrastructure and construction projects, the growth rate of slew and tower cranes is likely to exceed the average growth rate of the overall crane's segment. The forklift is estimated to grow at high CAGR among product types. The flexibility and speed forklift offer make them ideal for repetitive material handling tasks especially in restricted areas like warehouses and yards.
India Material Handling Equipment Market Regional Analysis:
The objective of the report is to present a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, industry-validated market data and projections with a suitable set of assumptions and methodology. The report also helps in understanding India material handling equipment market dynamics, structure by identifying and analyzing the market segments and project the market size. Further, the report also focuses on competitive analysis of key players by product, price, financial position, product portfolio, growth strategies, and regional presence. The report also provides PEST analysis, PORTER's analysis, SWOT analysis to address questions of shareholders to prioritizing the efforts and investment in the near future to emerging segment in India material handling equipment market.
India Material Handling Equipment Market, Key Highlights:
• India Material Handling Equipment Market analysis and forecast, in terms of value.

• Comprehensive study and analysis of market drivers, restraints and opportunities influencing the growth of the India Material Handling Equipment Market

• India Material Handling Equipment Market segmentation on the basis of type, source, end-user, and region (country-wise) has been provided.

• India Material Handling Equipment Market strategic analysis with respect to individual growth trends, future prospects along with the contribution of various sub-market stakeholders have been considered under the scope of study.

• India Material Handling Equipment Market analysis and forecast for five major regions namely North America, Europe, Asia Pacific, the Middle East & Africa (MEA) and Latin America along with country-wise segmentation.

• Profiles of key industry players, their strategic perspective, market positioning and analysis of core competencies are further profiled.

• Competitive developments, investments, strategic expansion and competitive landscape of the key players operating in the India Material Handling Equipment Market are also profiled.

The report has considered the base year of 2019 and past four years trend. 2020 figures are at actuals, however due to different dynamics of year 2020, market forecast is not only dependent upon 2020, but on the basis of 2016-2020.
Scope of the India Material Handling Equipment Market: Inquire before buying
India Material Handling Equipment Market, by Product:
• Pick and Carry Crane
• Forklift
• Screw Crane
• Tower Crane
• Crawler Crane
• Other
India Material Handling Equipment Market, by Application:
• Retail
• Manufacturing
• Warehouse
• Logistics
• Other
India Material Handling Equipment Market, Key Players
• Godrej & Boyce Mfg. Co.
• Mcnally Bharat Energy Co.
• Mukand Ltd. ƒ Escorts Ltd.
• Ahluwalia Contracts [India] Ltd.
• Saico Engineers & Fabricators Ltd.
• Elecon Engineering Co.
• ElectroMech
• ACE
• OMEGA
• Voltas
• TIL
• TELCON
• Ashoka Machines
• Venus Engineers
• Mekonix Systems

Global Automotive Digital Cockpit Market