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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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Strengthening Industrial and Telecom Sectors in the African Continent Would Drive the Demand for Diesel Genset Market During 2018-24

Wide electricity demand supply gap along with industrialization and commercialization of several African countries such as Nigeria, Kenya and Tanzania would be the key growth drivers for diesel genset market in Africa region. Further, with growing demand for power in urban regions of Africa owing to growing population, coupled with rising government investment in public infrastructure, the diesel genset market in Africa would register a moderate growth during 2018-24. However, the demand for diesel gensets may be stunted due to growing electrification rate across the African continent.


According to 6Wresearch, Africa Diesel Genset Market is projected to grow at a CAGR of 3.5% during 2018-24. Development of smart cities, such as $5.9 billion Konza Techno City in Kenya and $300 million Lekki smart city in Nigeria would benefit the growth of diesel genset in the African continent. Further, increasing focus of multiple African nations on non-petroleum sectors particularly industrial sector would make the industrial sector a key driver for the growing demand for Africa diesel genset market over the next 6 years.

"Africa Diesel Genset Market (2018-2024)" provides an in-depth analysis with 232 figures and 3 tables, covered in more than 370 pages. The report estimates and forecast the overall Africa diesel genset market by revenue, volume and verticals such as power utilities, residential, industrial and others. The report also offer insights on competitive landscape, company profiles, market drivers and restraints.

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