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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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GCC Digital Signage Market | India Industrial Valves Market | Middle East Chocolate Market | UAE Video Surveillance Market (2017-2023)

GCC Digital Signage Market

GCC digital signage market size is forecast grow at a CAGR of 12% during 2017-2023. The development of commercial infrastructure owing to increasing dependence of government in the region on non-hydrocarbon economic sectors such as Tourism, Hospitality, Education and Retail has led to rapid growth of GCC digital signage market forecast period revenues. The propensity to spend of the Gulf countries on digital advertisement and continuous innovation in technology have also contributed to the growth of the market.

India Industrial Valves Market

India industrial valves market size is projected to reach $3.0 billion by 2023. In the coming years, industrial valves market is expected to post significant growth, attributed to new industrial infrastructure development projects, repair & renovation of existing industries, and expansion in the gas pipeline network.

Middle East Chocolate Market

Middle East Chocolate market is projected to grow at a CAGR of 4.8% in revenue terms during 2017-23. Chocolate market is anticipated to register strong growth in the forecast period owing to high consumer spending on food products despite the slow economic growth. Chocolate market in the region is thriving due to change in eating preferences and availability of chocolate as a derived product for mousse, rolls, fudge, etc.

UAE Video Surveillance Market 

UAE video surveillance market size is projected to reach $193.7 million by 2023. In 2016, the market declined due to falling government spending owing to declining oil prices. The market is anticipated to bounce back with the recovery of oil prices post 2017. Growing security concerns and increasing crime index in the UAE region are expected to boost growth of the video surveillance market in the forecast period. Amongst all verticals, the government & transportation vertical acquired highest revenue share of the market. Over the next six years, the hospitality & healthcare and education verticals are forecast to grow at a higher CAGR during 2017-23.


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