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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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India Diesel Generator Rental Market | Saudi Arabia Catering Services Market | Germany E-Cigarette Market | India Fitness Equipment Market (2017-2023)

India Diesel Generator Rental Market

India diesel generator rental market size is projected to grow at a CAGR of over 18% during 2017-23. In terms of market segments, below 100 KVA rating gensets registered majority of the revenue share in the overall India diesel generator rental market share in 2016. Low ownership cost, ease of availability, and higher usage across numerous applications have spurred the demand. During the forecast period, below 100KVA rating genset segment is expected to maintain its market dominance on account of increasing demand across various applications including construction, telecom infrastructure, events and hospitality & healthcare.

Saudi Arabia Catering Services Market

Saudi Arabia catering services market size is projected to reach $6.9 billion by 2023. Catering services market is anticipated to register moderate growth during 2017-23, on account of slowdown in economy due to decline in crude oil prices. Expats working at construction and oil & gas sites are the major revenue generators for catering companies and with the introduction of taxes for expatriates, the catering services market is expected to register a setback over the coming years. However, with growing commercialization and government efforts to increase the inflow of Saudi nationals in workforce and diversification of non-oil sectors, catering services market would witness growth post 2018.

Germany E-cigarette Market

Germany E-cigarette market size is projected to reach over $852 million by 2023. Tobacco sales continue to fall as more and more number of ex-smokers are looking forward to these devices as a tool for smoking cessation. Market players in partnership with local distributors are investing profoundly and are stepping up to educate the end-users, both online and at vaping exhibitions, organizing competitions and expanding their product portfolio for third generation e-cigarette devices.

India Fitness Equipment Market

India fitness equipment market size is projected to grow at a CAGR of 15% during 2017-23. The Western region bagged highest revenue share in 2016 with Maharashtra being the major contributor towards the growth of fitness equipment market in particular region. However, over the coming years, the Northern region is projected to exhibit highest growth on account of higher adoption across key states including Punjab, Haryana, Delhi/NCR, and Uttarakhand.

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