TechNavio today launched its report Material Handling Equipment Market in India 2011-2015 based on an in-depth analysis exclusively focusing on India. The report aims to aid decision makers’ understanding of the significant trends impacting this market.
Commenting on the report, an analyst from TechNavio’s Engineering team said: ”One of the major trends in this market is the incorporation of electronic intelligence in material handling equipment. Therefore, the future of the Material Handling Equipment market in India looks promising, with many innovative and efficient products being introduced by material handling equipment vendors.”
According to the report, one of the main drivers is the increase in industrialization across the states in India. There is an increase in investments in industries across India by both domestic and international companies, driving the demand for material handling equipment.
Further, the report reveals that one of the main challenges in the market is the high cost of material handling equipment.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors. For further information on this report, please visit https://www.technavio.com/content/material-handling-equipment-market-indi…
TechNavio, the market research platform of Infiniti Research Ltd, publishes periodic market research reports on niche and emerging technologies. For more information on our Engineering market research, please visit https://www.technavio.com/engineering-software
Follow us on Twitter @ Technavio
TechNavio Announces the Publication of its Research Report – Material Handling Equipment Market in India 2011-2015
