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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 Genset Market | Middle East Power Rental Market | Middle East Feed Additives Market | Asia Pacific Agriculture Equipment Market | Global Heat-Not-Burn Tobacco Market (2019-2025)

India Diesel Genset Market 

India Diesel Genset market size is projected to grow at a CAGR of 5.6% during 2019-25. Diesel gensets with 5 kVA-75 kVA rating accounts for significant India diesel genset market share due to their wide usage across various applications, ease of availability, and low cost. Increasing utilization of lower rating gensets across domains such as telecom infrastructure in unreliable and off-grid areas would help 5 kVA-75 kVA diesel genset market segment to maintain its dominance during the forecast period.

Middle East Power Rental Market

Middle East power rental market size is projected to grow at a CAGR of 3.3% during 2019-25. Government initiatives such as Saudi Vision 2030, UAE Vision 2021, Bahrain Vision 2030 and Turkey Vision 2023 would lead to growth in demand for power rental in the Middle East region. These initiatives include expansion of metros and airports, along with the construction of new hotels and shopping malls, these initiatives would boost the demand for power rental in Middle East region during the forecast period.

Middle East Feed Additives Market

Middle East feed additives market size is projected to grow at a CAGR of 5.2% during 2019-25. The feed additives market in Middle East has exhibited significant growth over the past few years on account of surge in demand for quality meat products due to growing health concerns. Furthermore, lack of reproduction and severe climate change are one of the important factors which are going to provide thrust to the feed additives market in Middle East.

Asia Pacific Agriculture Equipment Market

Asia Pacific agriculture equipment market size is projected to grow at a CAGR of 5.2% during 2019-25. Major reason for the growth is the increased government support in way of subsidies on the purchase of agriculture equipment and fixing minimum crop price to stabilise farmers income. Examples include the Sub-Mission on Agriculture Mechanization Scheme in India and Indonesia Agriculture Work Plan 2019. Other factors that are expected to drive the APAC agriculture equipment market are the rapid urbanization, increased food demand, migration and ageing of rural population due to which the number of farmers is decreasing and dependence on farm mechanization is expected to increase in the region during the forecast period.


Global Heat-Not-Burn Tobacco Market

Global heat-not-burn tobacco market size is projected to grow at a CAGR of 19.3% during the forecast period 2019-25. The Asia-Pacific region holds the majority of the market share in the overall heat-not-burn tobacco product market. This is due to the fact that Asia-Pacific has a significantly large smoking population and the social acceptance of heat-not-burn tobacco product in the region is substantially high. Europe is the second largest regional market after the Asia Pacific region.


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