Market Forecast By Countries (Saudi Arabia, UAE, Qatar, Kuwait, Oman, Bahrain, And Turkey), By Product (Excavators, Loaders, Dump Trucks, Others), By Application (Construction, Mining, Agriculture & Forestry, Others), And Competitive Landscape According to 6Wresearch, Middle East Earthmoving Equipment Market size is anticipated to witness growth during 2021-2027. Recent initiatives taken by governments of several countries to revive the region’s economy from a worldwide crisis would support the growth of the Earthmoving Equipment market in the Middle East region. For instance, the UAE Central Bank has allocated incentives for SMEs and local banks to revive and develop the construction sector of the region. Additionally, the central bank also declared to offer incentives through collateralized loans at zero cost to all banks operating in the UAE, as well as an additional incentive that would be freed up from lenders’ capital buffers. Mobile cranes and earthmoving equipment do
Market Forecast By Equipment Types (Crane (Mobile Crane, Crawler Crane and Tower Crane), Construction Tractors & Bulldozers, Earthmoving (Loader (Backhoe Loader, Wheeled Loader, Skid Steer Loader and Compact Track Loader), Excavator (Tracked Excavator, Mini Excavator and Wheeled Excavator) and Motor Grader), Material Handling (Forklift and Telescopic Handler), Dump Trucks, Aerial Work Platform (Articulated Boom Lift, Telescopic Boom Lift and Scissor Lifts) and Road Construction Equipment (Paver and Road Roller)), By Applications (Construction, Oil & Gas, Mining and Others), By Regions (Eastern, Western, Northern and Sothern) and Competitive Landscape.
According to 6Wresearch, India construction equipment market size is projected to grow at a CAGR of 10% during 2019-25. Rapid urbanization, growing population, increasing government spending in infrastructure projects, inflow of foreign direct investment are the major drivers boosting the demand for construction equipment in the country.
Key Highlights of the Report:
India Construction Equipment Market
India Construction Equipment Market Report
India Construction Equipment Market Overview
India Construction Equipment Market Trends
India Construction Equipment Market Size
India Construction Equipment Market Share
India Construction Equipment Market Forecast
India Construction Equipment Market Revenue
India Construction Equipment Market Outlook
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