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Middle East Earthmoving Equipment Market (2021-2027)

  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
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UAE Construction Equipment Rental Market (2018-2024)

Market Forecast By Types of Equipment (Crane (Mobile Crane, Crawler Crane and Tower Crane), Bulldozer, Earth Moving Equipment (Loader (Backhoe Loader, Wheeled Loader and Skid Steer Loader), Excavator (Tracked Excavator, Mini Excavator and Wheeled Excavator), Motor Grader), Material Handling Equipment (Forklift and Telescopic Handler), Dump Trucks, Aerial Work Platform (Articulated Boom Lift, Telescopic Boom Lift and Scissor Lifts)), By Applications (Construction and Others), By Regions (Abu Dhabi, Dubai and Other Emirates) and Competitive Landscape


According to 6Wresearch, UAE construction equipment rental market size is projected to grow at a CAGR of 3.3% during 2018-24. Purchasing a construction equipment often requires a significant initial investment which could divert a large portion of the capital from the operating costs. In order to avoid buying new equipment and evade maintenance, licensing, taxation and transportation expenses, construction companies in UAE are opting for rental option. Currently, residential, transportation and hospitality sectors accounts for majority of the revenue share in the overall construction equipment rental market followed by industrial and oil & gas sectors.

Key Highlights of the Report:

UAE Construction Equipment Rental Market
UAE Construction Equipment Rental Market Report 
UAE Construction Equipment Rental Market Overview
UAE Construction Equipment Rental Market Revenue
UAE Construction Equipment Rental Market Trends
UAE Construction Equipment Rental Market Outlook
UAE Construction Equipment Rental Market Forecast
UAE Construction Equipment Rental Market Size
UAE Construction Equipment Rental Market Share

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Phone: +911143024305
Email: sales@6wresearch.com
Website: https://www.6wresearch.com/

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