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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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Government Policies Along with Rapidly Decreasing Cost of PV Equipment Would Act as a Major Driving Force for the Growth of Solar Inverter Market in Philippines

Philippines government plans to attain 100% electrification rate by 2022. In order to cater to the country's current power needs, the expansion of the solar energy base in Philippines is a viable option owing to the falling cost of solar equipment and the short gestation period of solar rooftop projects. Additionally, the country is placed well geographically for the deployment of solar energy.



According to 6Wresearch, Philippines Solar Inverter market revenues are projected to grow at a CAGR of 2.4% during 2018-24. The solar sector is still relatively untapped in the country and therefore offers high growth prospects. Central solar inverters dominate the overall market of solar inverters in Philippines due to the widescale deployment of such inverters across the utility sector. Moreover, the central solar inverter segment is anticipated to undergo highest growth by type during the forecast period.

"Philippines Solar Inverter Market (2018-2024)" provides an in-depth analysis with 45 figures and 7 tables covered in over 110 pages. The report estimates and forecast the overall Philippines Solar Inverter Market by power ratings, types, verticals, and regions. 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.

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