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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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Australia Energy Storage Systems Market | Saudi Arabia Fast Food Market | India Biscuits Market | India Centrifugal Compressor Market (2017-2023)

Australia Energy Storage Systems Market

Australia energy storage systems market size is projected to grow at a CAGR of 30.1% during 2017-23. The Government of Australia has its Renewable Energy Target (RET) scheme in place, the aim of which is to increase the energy dependence of the country on renewable sources by setting up multiple renewable energy power projects all across the nation. The energy storage system market in Australia is dominated largely by electrochemical energy storage solutions and this trend is expected to continue in the coming years. According to the Australian Renewable Energy Agency, the price of Lithium-Ion batteries is expected to fall by almost 60% by 2020 and is predicted to emerge as the leader in terms of market revenue share in the forecast period.

Saudi Arabia Fast Food Market

Saudi Arabia fast food market size is projected to grow at a CAGR of 6.9% during 2017-23. Fast Food market is anticipated to register strong growth in the forecast period owing to high food consumption, increase in spending on food products and urbanization. Fast Food market in the region is expected to grow due to availability of variety of fast foods of various international and national players. However, growing health concerns regarding obesity and diabetes are the major threats to the market; thus driving the companies to offer more healthy foods in their portfolio.

India Biscuits Market

India biscuits market size is projected to reach $8.2 billion by 2023. Plain biscuits segment acquired highest India biscuits market share in 2016, however, with changing taste preferences of consumers, the cookies segment India is expected to witness highest India biscuits market forecast revenues over the coming years. Moreover, gifting trend of high-end premium cookies have been recorded in metro cities.

India Centrifugal Compressor Market 

India centrifugal compressor market size is projected to grow at a CAGR of 4.7% during 2017-23. Rising environmental & safety regulations, efficient use of energy along with robust industrial growth is expected to propel the market of centrifugal compressors in the country. India centrifugal compressors market is also registering potential demand for high-capacity compressors, providing ample opportunities for global companies to penetrate the market.

About 6Wresearch:
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