Indore, Madhya Pradesh, India|GST 23BGEPC8358J1ZC
Abhishek Engineering
GST
23BGEPC8358J1ZC
Rating
3
Proprietor
Mr Abhishek Chouhan
Address
Plot No-150, P C SETHI NAGAR, BHAMORI, Indore, Madhya Pradesh, 452011, India
About Abhishek Engineering
he Abhishek Agro Engineering construction equipment market is expected to reach globally by 2022 growing at a CAGR of 7.6% from 2016-2022.
Heavy construction equipment are vehicle used for construction tasks such as trollies, lifting, material handling and excavation. The heavy construction equipment market is mainly driven by residential, commercial and industrial development, increasing public-private partnership and global economic growth. There are various types of heavy construction equipment available in the market, however choosing the right type of construction equipment is imperative. While selecting heavy construction equipment, industries focus on parameters such as the complexity of the project, material, cost, quality, time, and safety.
Heavy Construction Equipment Market
Improved involvement in private sector, tremendous growth in real estate sector, improved economic conditions, and residential & commercial infrastructure set-up in emerging economies are the key factors driving the market growth. According to the World Urbanization Prospect, about 54% of global population belonged to urban areas in 2014, and is expected to increase to 66% by 2050, thereby boosting the market growth. Increase in government initiatives toward infrastructure development and growth in public private partnerships for the construction of public infrastructure systems in countries such as India and China supplements the growth of the market. The Indian Government has heavily invested in the development of roads, railway tracks, airports, and overall infrastructure development, which involves the use of excavators, loaders, and other such heavy machinery. The key market players design and develop smart, internet-enabled, fuel- & energy-efficient machinery, thus accelerating the market growth.
Heavy Construction Equipment Market by Machiney Type
Abishek Agro Engineering construction equipment market is segmented based on equipment type, application, end user industry, and geography. On the basis of equipment type, the market is divided into earthmoving equipment, material handling, heavy construction vehicles, and others. By application, it is categorized into excavation & demolition, heavy lifting, tunneling, material handling, and recycling & waste management. Geographically, the market is divided into North America, Europe, Asia-Pacific, and LAMEA.
Earthmoving equipment accounted for nearly half of the market share in 2014, and is anticipated to consolidate its position from 2016 to 2022, owing to lower operating costs and advent of smart and internet-enabled intelligent excavators. In addition, excavation and demolition segment is expected to dominate the market, as these excavators are equipped with new technology that ensures improved output, cost-effectiveness, high performance, and efficiency. Among industries, infrastructure sector is expected to witness the highest growth due to increased renting & leasing of heavy construction equipment in developed and developing nations.
Heavy Construction Equipment Market by Application
Business Type
Exporter, Manufacturer, Supplier
Employee Count
10
Establishment
2000
Annual Turnover
Rs 10 Lakhs
Working Days
Monday to Sunday
Payment Mode
Cash Advance (CA)
Top Products & Services
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VIEW MOREFAQs : Abhishek Engineering
What is the year of Estd. of Abhishek Engineering?-
Abhishek Engineering was established in 2000.
Who is the Proprietor of Abhishek Engineering?+
Mr Abhishek Chouhan is the Proprietor of the Abhishek Engineering
What are the main products of this company?+
Company deals in food cart, food truck, Concrete Mixers, Detergent Powder Mixer Machine, Diamond Saw Blades, Refrigerator Cabinet etc.
What is the business location of Abhishek Engineering?+
Abhishek Engineering operates from Indore.
How many different products are listed for this company?+
Presently more than 50 products are listed among different product categories on Tradeindia.com.
What are the main categories in which the company is mapped?+
The company is mapped in KITCHEN LORRY,food cart,CART,DUAL FLOORFOOD TRUCK,food truck,motor homes etc.
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Seller Details
Rating
3
Proprietor
Mr Abhishek Chouhan
AddressView on Map
Plot No-150, P C SETHI NAGAR, BHAMORI, Indore, Madhya Pradesh, 452011, India
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Abhishek Engineering