Nov 3, 2018   SOURCE: BusinessWire

Hydraulic Cylinder Demand Outlook in India by 2024-25: Growth in Construction, Material Handling and Agriculture Equipment to Trigger Exponential Growth - ResearchAndMarkets.com

The "Hydraulic Cylinder Demand Outlook in India by 2024-25: Growth in Construction, Material Handling and Agriculture Equipment to Trigger Exponential Growth" report has been added to ResearchAndMarkets.com's offering.

Hydraulics industry in India is to grow at a CAGR of 12-15% in the most optimistic scenario and in some segments the growth could be as high as 25%.

Hydraulic Industry in India is dependent on the growth of Mobile Hydraulic equipment, comprising mainly of off-highway equipment such as Backhoe Loaders, Excavators, Mobile cranes, compaction equipment, wheel loaders, Forklifts, and Agricultural equipment. The industry has witnessed severe demand pressure owing to the shrinkage in demand for mobile equipment used in infrastructure, farm equipment, and industrial equipment.

Although post-2011, the demand for mobile equipment has been falling consistently, a trend reversal of sought began from 2015-16, this owing to strong domestic demand led by increased Government focus on investments in infrastructure projects, thereby leading to higher demand of capital equipment.

The proportional increase in the demand of Hydraulic components is anticipated and it will be only fair to say that the industry will witness unprecedented growth in the demand in the immediate short to medium term.

Key Topics Covered:

1. Executive Summary

2. Approach & Methodology

3. Market Landscape

4. Market Characteristic

5. Application Landscape

6. Market Demand Drivers

7. Competitive Landscape

8. Market Size Estimate 2017-18 For Hydraulic Cylinder

9. Market Size Estimate 2017-18 For Hydraulic Components

10. Market Growth Drivers

11. Estimate Volume Growth In Sectors Influencing Demand

12. Market Projection 2024-25 On Hydraulic Cylinder And Components

13. Market Strategy Of Different OEMs

For more information about this report visit https://www.researchandmarkets.com/research/3c96s2/hydraulic?w=4