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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 Video Surveillance as a Service Market | India Building Automation and Control Market | Saudi Arabia Electric Motor Market | Global E-House Market (2017-2023)

India Video Surveillance as a Service Market

India VSaaS market size is projected to grow at a CAGR of over 22% from 2017 to 2023. Although, managed VSaaS segment accounted for majority of the market revenues; however, the facility of both onsite and offsite video storage are likely to proliferate hybrid VSaaS segment over the coming years.

India Building Automation and Control Market

India building automation & control systems market size is expected to grow at a CAGR of over 12.5% during 2017-23. In India, safety & security systems contributes for the maximum revenue followed by HVAC systems and is expected to maintain its dominance in the market during the forecast period due to huge amount of installation in the government & transportation, hospitality and other verticals. In the safety & security segment, the fire & safety equipment led the market due to government regulation for mandatory installation of fire and safety systems in the commercial buildings, offices, metros and airports.

Saudi Arabia Electric Motor Market

Saudi Arabia electric motor market size is projected to grow at a CAGR of 5.8% during 2018-24. The market has declined in 2016 and 2017 due to reduced government spending as a result of low crude oil prices. However, the market is likely to recover post 2017 due to expected recovery in global crude oil prices. Changing government policies, establishment of special economic zones and expansion of automotive manufacturing as well as growth in petrochemical industry would further fuel the market of electric motors in Saudi Arabia.

Global E-House Market

Global E-House market size is projected to grow at a CAGR of 8.5% during 2017-23. Development of smart grids and establishment of nuclear and renewable energy power plants would fuel the market for E-House in the forecast period. The offshore oil & gas sector accounted for majority of the revenue share in the global E-House market. The mining, rail infrastructure & transportation segments would drive the Global E-House market forecast revenues over the next six years. Global E-House market is dominated by gas insulated medium voltage segment in 2016.

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