27 August 2019
by GULFAM SHABBIR
The size of Ethiopia and Djibouti heavy equipment market is projected to increase to $496.1 million in 2026 from $323.9 million in 2018, Big Market Research said in its report.
The market is experiencing growth due to the increasing pace of urbanization, new innovations and growing construction industry.
The report covers major companies in the sector including AB Volvo, Caterpillar Inc., Deere & Company, Doosan Infracore, Hitachi, Ltd., J C Bamford Excavators Ltd, Kobelco Construction Machinery Co., Ltd., Komatsu Ltd., and SANY Group.
Top companies are using new product launches and other strategies for growth, according to the report.
The study also provides a detailed analysis of the market on the basis of component, equipment type, function and end-user industries.
Click here to download a sample of the report: https://www.bigmarketresearch.com/request-sample/3237300?utm_source=ANIL-ICW