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 Types (Portable and Stationary), By Lubrication Method (Oil-Injected and Oil Free), By Technology (Rotary (0-75kW, 76-160kW and Above 160kW), Centrifugal (0-500kW and Above 500kW), Reciprocating (0-10kW and Above 10kW)), By Applications (Industrial, Construction, Oil & Gas, Food & Beverages and Others), By Regions (Central, Southern, Western and Eastern) and Competitive Landscape.
According to 6Wresearch, Kuwait air compressor market size is forecast to grow at a CAGR of 3.9% during 2018-24. Major drop in oil prices in 2014 led to the downfall of the oil & gas industry in the country, resulting in a negative growth of Kuwait air compressor market. The stabilizing of oil prices and the increasing role of non-oil sector is expected to lead to positive growth of Kuwait air compressor market in 2018. The ambitious Kuwait Vision 2035 Plan, which aims to diversify the economy, is revitalizing the construction market in the country. Ongoing and upcoming infrastructural advancement in Kuwait is further escalating the demand for air compressors in the country.
Key Highlights of the Report:
Kuwait Air Compressor Market
Kuwait Air Compressor Market Report
Kuwait Air Compressor Market Overview
Kuwait Air Compressor Market Revenue
Kuwait Air Compressor Market Trends
Kuwait Air Compressor Market Outlook
Kuwait Air Compressor Market Forecast
Kuwait Air Compressor Market Size
Kuwait Air Compressor Market Share
TO Know More
Contact Us:
Phone: +911143024305
Email: sales@6wresearch.com
Website: https://www.6wresearch.com/
Comments
Post a Comment