Cranes, Lifting and Handling Equipment in BRIC Countries – Market Opportunities and Entry Strategies, Analyses and Forecasts to 2016
For all the BRIC nations, huge spending on infrastructure construction projects, mining activities and growth in industrial activity have been the major growth drivers for the cranes, lifting and handling equipment market. Moreover, economic prospects in the BRIC nations are expected to remain positive over the forecast period, which presents a massive opportunity for growth in the cranes, lifting and handling equipment market over the forecast period.
The success of the Brazilian cranes, lifting and handling equipment market is directly related to the country’s economic growth, which is largely influenced by the investments in Brazil’s infrastructure, construction and mining industries. Further, the government has already commenced the second phase of the growth acceleration program, PAC 2, according to which US$525.6 billion will be invested in housing, transportation, energy and sanitation projects during 2011–2014, which in turn is expected to drive the Brazilian cranes, lifting and handling equipment market over the forecast period.
Synopsis
- The report provides top-level market analysis, information and insights into the Cranes, Lifting and Handling Equipment Market in the BRIC countries, including:
- In-depth analysis of the Cranes, Lifting and Handling Equipment market in the four BRIC countries: Brazil, Russia, India and China
- A comprehensive and country-specific analysis of market attractiveness, covering the key trends, drivers and challenges across the four countries
- Detailed market sizes for each BRIC country for a period of 10 years (2007–2016), including category level and end-user level analysis
- Detailed insights into the regulatory framework, market entry strategies and competitive landscape relevant to the Cranes, Lifting and Handling Equipment market
No. of Pages: 153
: Single User License – US$2950 Corporate User License – US$5900
Scope
- This report provides an extensive analysis of the Cranes, Lifting and Handling Equipment market in the BRIC countries:
- It analyses historical values for the Cranes, Lifting and Handling Equipment market for 2007–2011, along with forecast figures for 2012–2016
- It provides supporting country-specific analysis on the overall market as well as individual values for the industry’s key categories
- The report also details the competitive landscape and the market entry strategies of key businesses
- The report provides information on product innovation and marketing strategies
Key highlights
- The Brazilian cranes, lifting and handling equipment market is projected to reach US$6 billion in 2016. Scheduled major sporting events such as the 2014 FIFA World Cup and 2016 Olympic Games are expected to drive future growth of the Brazilian cranes, lifting and handling equipment market.
- The market value for cranes, lifting and handling equipment in Russia grew at a CAGR of 1.8% during the review period. Due to Russia’s impending major construction works, including those in preparation for global sporting events such as the 2014 Winter Olympics and 2018 FIFA World Cup, the cranes, lifting and handling equipment market is expected to grow at a CAGR of 4.5% during the forecast period.
- The Indian market for cranes, lifting and handling equipment registered an increase of 7.9% over 2010. The market is projected to grow at a CAGR of 7.3% during the forecast period. This will be driven by projected infrastructure spending by the Indian government.
- The Chinese market for cranes, lifting and handling equipment recorded an increase of 15.5% over 2010. The market is projected to grow at a CAGR of 12.5% during the forecast period. The Chinese government’s budgeted infrastructure spending will drive growth of the cranes, lifting and handling equipment market in China.
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