2019 India Construction Equipment Report

Power Systems Research/IHS Markit Produce Industry Research Reports

EAGAN, MN. –Two leading global research firms have formed a marketing partnership to produce unique high-quality industry equipment reports. Together, Power Systems Research (PSR) and IHS Markit are developing a portfolio of industry-leading equipment reports by industry segment down at the country level.

The reports provide timely and targeted market insights into defined countries by specific industry segments, with reasonable pricing that provides high customer value.

The second product of the PSR-IHS Markit partnership is the 2019 India Construction Equipment Report published July 2019. A report on the Agricultural segment in selected countries of Africa is under consideration as well. In the early stages of this partnership, the two companies will listen to early customer feedback in terms of where to focus the efforts for future reports.

Unlike other market reports that may focus on a single product, this report provides coverage of FIVE key construction products in one report in the India market:

  • Backhoe loaders
  • Crawler excavators
  • Wheel loaders
  • Motor graders
  • Skid steer loaders

The 29-page India report is typical of the types of reports that will be produced by the Partnership. It contains two sections: the Macroeconomic and Industry Overview Section discusses the country’s economic background, the key drivers for the Construction industry, and an outlook for the industry.

The second section is the Equipment Market Analysis and Forecast. It contains important equipment information and trends, emissions regulations, a description of the Construction equipment market, and an analysis of the Construction market challenges.

New updates in the 2019 edition include

  • Updated data for base historical year (2018)
  • Expanded forecast to 2023
  • New analysis of Market Share
  • New analysis of Market Size
  • New analysis of Emissions Regulations
  • New analysis of Construction and Economic Forecast Drivers

With this integrated view of the market, you can

  • Quantify market size and growth potential
  • Anticipate future equipment demand
  • Develop production and sales strategies
  • Gain Access to industry analysts and expertise

The report has been developed jointly by Power Systems Research (PSR) and IHS Markit, two leading global research firms.

IHS Markit (Nasdaq: INFO) is a world leader in critical information, analytics and solutions for the major industries and markets that drive economies worldwide. IHS Markit is headquartered in London.

Power Systems Research is the leading source of global production, forecasts and population data for engine-driven vehicles and equipment.

Under the new partnership, PSR provides information from its proprietary databases supported by its analysis of equipment and market forces within each focus country. IHS Markit contributes its global analysis and outlook of off-road equipment focused on the construction and agricultural markets.

The PSR-IHS Markit Partnership was founded in 2018 after the two companies worked together for several years for the purpose of producing industry-leading unique, detailed industry segment reports by country. PSR

For more information, contact your PSR sales representative, or email reports@powersys.com.

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About Power Systems Research

Power Systems Research (PSR) is a respected leader in market research, data development, analysis and forecasting for the global vehicle and power equipment industries. The company’s experience and expertise cover an extensive range of internal combustion engine, battery- electric and hybrid-drive powertrain technologies. Industry-leading clients around the world rely on production and forecast data from PSR’s proprietary databases to bypass the guesswork and minimize risk in their planning processes.

About IHS Markit

IHS Markit (Nasdaq: INFO) is a world leader in critical information, analytics and solutions for the major industries and markets that drive economies worldwide. The company delivers next-generation information, analytics and solutions to customers in business, finance and government, improving their operational efficiency and providing deep insights that lead to well-informed, confident decisions. IHS Markit has more than 50,000 business and government customers, including 80 percent of the Fortune Global 500 and the world’s leading financial institutions.