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
Strengthening Construction Sector Along with the Implementation of Multiple National Vision Initiatives would Surge the Growth of GCC Air Conditioner Market 2019-25.
According to 6Wresearch, GCC air conditioner market size is projected to grow at a CAGR of 4.7% during 2019-25. The National Visions of GCC countries such as Saudi Vision 2030, UAE Vision 2021, Qatar National Vision 2030, Kuwait Vision 2035 and Oman Vision 2020 have been framed by the respective governments to achieve economic diversification and shift from the oil-dependent economy by investing and strengthening the non-oil sectors such as education, recreation, tourism and health. Further, upcoming projects such as $40 billion Capital District- Abu Dhabi (UAE), $35 billion Qatar Rails and $6.5 billion FIFA World Cup Stadiums (Qatar) would help the air conditioner market to register significant growth across the region during the forecast period.
"GCC Air Conditioner Market (2019-2025)" provides an in-depth analysis with 296 figures and 33 tables covered in more than 310 pages. The report estimates and forecast the overall GCC Air Conditioner Market revenues and volume by countries, types and applications. The report provides an unbiased and detailed analysis of the on-going trends, opportunities/high growth areas and market drivers which would help the stakeholders to device and align their market strategies according to the current and future market dynamics.
Key Highlights of the Report:
GCC Air Conditioner Market Size and GCC Air Conditioner Market Forecast until 2025F.
Historical Data of GCC Air Conditioner Market Revenues, By Types for the Period, 2015-2018.
Market Size & Forecast of GCC Air Conditioner Market Revenues, By Types until 2025F.
Historical Data of Saudi Arabia Air Conditioner Market Revenues for the Period, 2015-2018.
Market Size & Forecast of Saudi Arabia Air Conditioner Market Revenues, until 2025F.
Historical Data of Saudi Arabia Air Conditioner Market Revenues & Volume for the Period 2015-2018, By Types.
Market Size & Forecast of Saudi Arabia Air Conditioner Market Revenues & Volume until 2025F, By Types.
Historical Data of Saudi Arabia Air Conditioner Market Revenues for the Period 2015-2018, By Applications.
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