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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 Structured Cabling Market | Global Fire Protection Valves & Fittings Market | Malaysia Solar Inverter Market | India Solar Water Pumping Systems Market | Philippines Solar Inverter Market (2018-2024)

India Structured Cabling Market

India structured cabling market size is projected to grow at a CAGR of 7.5% during 2018-24. The Union Budget for 2019 laid special emphasis on infrastructure development in the country and with continued focus on setting up of new data centers, office spaces, hotels, healthcare facilities and other commercial establishments in India, the market for structured cabling solutions is expected to reap the benefits as well during the forecast period.

Global Fire Protection Valves & Fittings Market

Global fire protection valves & fittings market size is projected to grow at a CAGR of 7.6% during 2018-24. Wet system fire protection valves including alarm valve, riser check valve and shutoff valve are the most widely used valves globally due to comparatively lower installation and maintenance cost of wet fire sprinkler systems. Rapid investment in transportation infrastructure development and growing population are further bolstering the demand for sprinkler and suppression systems across all regions. Malleable iron fitting type holds majority of the revenue share in global fittings market due to their wide scope of installation in hospitality, retail and commercial sectors.

Malaysia Solar Inverter Market

Malaysia solar inverter market size is projected to grow at a CAGR of 7.0% during 2018-24. In recent years, Malaysia has made major reforms and introduced new schemes to promote renewable energy sources in the country. Solar energy has been allotted the largest government budget and support amongst all renewable sources of energy. Additionally, government schemes and grants for the promotion of solar energy along with growing awareness for renewable energy would also propel the growth of solar inverter market in Malaysia over the coming years.

India Solar Water Pumping Systems Market

India Solar Water Pumping Systems Market Size is projected to grow at a CAGR of over 27% during 2018-24. Among different power ratings, 3.1 to 10 HP solar pumps segment bagged highest revenue share in 2017 followed by up to 3 HP segment. 3.1 to 10 HP segment is projected to record highest growth rate during the forecast period attributed to its affordability and high subsidies provided by the government. Further, with depleting ground water level, there is rising demand for submersible solar pumps and the segment is projected to grow significantly over the coming years.

Philippines Solar Inverter Market

Philippines solar inverter market size is projected to grow at a CAGR of 2.4% during 2018-24. The market by vertical is dominated by the utility sector, owing to large number of inverter installations in this segment. Further, with large number of the upcoming projects approved by the Philippines government in the utility sector, the segment is expected to continue its dominance in the country over the forecast period.


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