Market Share Players Heavy Machinery Peru, Competition In Construction Machinery Peru - Ken Research

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Construction and Mining are the Major Sectors
capturing more than Half of the demand for Peru
Construction Equipment Market Ken Research
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Compliance to the Public-Private-Partnerships
(PPPs) legislative decree, the works for taxes
law, machinery regulations, law for promotion of
the energy efficiency and other regulatory norms
along with improved awareness about latest
technological advancements using machineries were
the key factors driving the demand for
construction equipment in Peru.
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The report titled Peru Construction Equipment
Market Outlook to 2021 -Technological
Advancements and Well Equipped Machineries to
Drive Market Growth by Ken Research suggested a
CAGR of 5.1 in revenue of total construction
equipment in Peru for the projected period
2017-2021. Construction and mining sector are
major consumers of construction equipment and any
positive development in these sectors directly
promotes the rental and sales of construction
equipment. Peru has an outgrowing demand for both
public and private infrastructure which includes
roads, telecommunication, ports, airports, water
and sewage, health and education. The growth
underway is due to implementation of many major
projects in these sectors of economy.
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• Also, the continuation of mining and energy
  projects will further boost the Construction
  Equipment Market. Perus rapid economic growth
  made visible a striking infrastructure gap in the
  education sector. To address this infrastructure
  gap, the Peruvian government allocated USD 1.6
  billion to investment projects in 2016, which
  includes building high performance schools and
  executing projects associated with the 2019
  Pan-American games. The growth in construction
  industry boosts sale of construction equipment,
  where Peru market registered a growth of 12.0 in
  2016.
• In recent decade, the government of Peru has
  launched various projects to improve the
  neglected infrastructure sector and to ensure
  that its economy continues to grow. Peru on
  account of availability of natural resources and
  supportive legal and tax regime has backed the
  construction and mining industry.

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The government passed Public-Private-Partnerships
(PPPs) legislative decree which helped in the
promotion of private investment process in
infrastructure as well as social sector, leading
to many foreign firms to invest in Peru
construction equipment market. Highly developed
technology, growth of economy and rise in per
capita income of local people and expats has
leveraged the buying capacity of people. A
significant proportion of investment in the
country has been intended towards improving the
quality of infrastructure, transport, education,
healthcare, potable water and sewage. Key Topics
Covered in the Report Maintenance of
Construction Machinery Peru Hangcha Sales
Forklift Peru
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Competition in Construction Machinery
Peru Komatsu Mitsui Construction Machinery
Peru Unimaq Peru Sales Bulldozer Ferreyros
Bulldozer Sales Peru Export Construction
Machinery Peru Hyundai Forklift Sales in
Peru Earth Moving Equipment Market Peru Import
Value Construction Machinery Peru Ipesa Bulldozer
Sales n Peru Peru Rental Construction Equipment
Market Overview Market Share Players Heavy
Machinery Peru Construction Machinery Components
Sale Peru Southern Peru Copper Corporation Peru
Revenue Lifting Material Handling Equipment
Industry Peru
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