Infiniti Research, a global market intelligence solutions provider, has announced the completion of their new market size analysis on the heavy equipment industry. A well-known heavy equipment manufacturer in the US wanted to forecast the global market size for its products and services and build a global market size forecast tool to validate market sizes using a uniform methodology, analyze different market scenarios, and identify areas of opportunities quickly. The client also wanted to acquire sufficient knowledge about specific segments among key market participants.
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Market Size Analysis for a Heavy Equipment Manufacturer. (Graphic: Business Wire)
According to the experts at Infiniti,"The need for satisfying the rising infrastructure demands by growing population across the globe will enhance the growth prospects of the global heavy equipment market."
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The heavy equipment market has proven to be the backbone of the construction industry globally. It saves a lot of time and labor costs. Huge investments in the construction industry across the developing countries are paving the way for the growth of the heavy equipment market. Additionally, the rising demand for a better infrastructure by the growing population, globally, is anticipated to improve the growth prospects for the heavy equipment market. Also, the adoption of advanced technologies is an ongoing trend within the heavy equipment market.
To know more about our market sizing engagement, ask an analyst
The market sizing analysis presented by Infiniti helped the client to devise a robust top-down and bottom-up approach, which emphasized on the bigger suppliers who were more illustrative in the market and possessed more relevant knowledge. The heavy equipment manufacturer also developed a user-friendly scenario forecast model, which could be adjusted to account for the correlated macroeconomic forecast variables.
This market analysis engagement provided benefits that helped the client to:
- Gain detailed insight into the quantitative data of major market players.
- Developed a user-friendly scenario forecast model, which could be adjusted according to correlated macroeconomic forecast variables.
- To know more about our market analysis engagement, ask an analyst
This market analysis engagement provided predictive insights on:
- Analyzing different market scenarios and identifying areas of opportunity quickly.
- Forecasting the global market size for its products and services and building a global market size forecast tool.
- To read more about the scope of our analysis, request free proposal
View the complete market analysis engagement here:
https://www.infinitiresearch.com/casestudy/heavy-equipment-market-size-analysis
About Infiniti Research
Established in 2003, Infiniti Research is a leading market intelligence company providing smart solutions to address your business challenges. Infiniti Research studies markets in more than 100 countries to help analyze competitive activity, see beyond market disruptions, and develop intelligent business strategies.
With 15+ years of experience and offices across three continents, Infiniti Research has been instrumental in providing a complete range of competitive intelligence, strategy, and research services for over 550 companies across the globe.
View source version on businesswire.com: https://www.businesswire.com/news/home/20180903005155/en/
Contacts:
Infiniti Research
Anirban Choudhury
Marketing Consultant
US: +1 844 778 0600
UK: +44 203 893 3400
https://www.infinitiresearch.com/contact-us