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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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Japan Low Voltage Electric Motor Market - Indonesia Low Voltage Electric Motor Market - China Low Voltage Electric Motor Market - Asia Pacific Heat-Not-Burn Tobacco Product Market

Japan Low Voltage Electric Motor Market

According to 6Wresearch, Japan low Voltage electric motor market size is projected to touch $1.7 billion by 2025. Commercial application is the key revenue generating segment in the overall low voltage electric motor market in Japan owing to efforts to develop new complexes, malls and hotels for tourism, arising due to upcoming sports events in 2020. Further, the agriculture application of low voltage electric motor market is anticipated to register highest growth during the forecast period.

Indonesia Low Voltage Electric Motor Market

According to 6Wresearch, Indonesia low Voltage electric motor market size is projected to grow at a CAGR of 4.4% during 2019-25. Residential application is the key revenue generating segment in the overall low voltage electric motor market in Indonesia owing to increasing disposable income, growing consumer durable products demand and upcoming projects in the region such as Indonesia-1 North Tower, Indonesia-1 South Tower, and Shimmering Tower. Further, during the forecast period, the industrial application market is anticipated to register highest growth over others on the back of growing government investment in industrial development. 

China Low Voltage Electric Motor Market

According to 6Wresearch, China low Voltage electric motor market size is projected to grow at a CAGR of 2.6% during 2019-25. The Commercial application of the low voltage electric motor is the key revenue generating segment in the overall low voltage electric motor market in China, owing to efforts to upgrade or revamp existing projects along with the development of new business establishment with the help of advanced technologies and related automation resources. Further, the market of industrial application is also anticipated to register higher growth during the forecast period.

Asia Pacific Heat-Not-Burn Tobacco Product Market

According to 6Wresearch, Asia Pacific heat-not-burn tobacco product market size is projected to grow at a CAGR of 14.6% during 2019-25. Globally, the Asia Pacific region holds largest revenue share in Heat-not-Burn Tobacco product market. The presence of largest smoking population in the region acts as a catalyst in propelling the demand for such products in Asian countries. Japan has the largest revenue share in the Asia Pacific region owing to the introduction of such products in the market since the introduction of these products whereas the growth rate of heat-not-burn tobacco product market in South Korea is highest as compared to other countries in the region.

About 6Wresearch:
6Wresearch is the premier, one stop market intelligence and advisory center, known for its best in class business research and consulting activity. We provide industry research reports and consulting service across different industries and geographies which provide industry players an in-depth coverage and help them in decision making before investing or enter into a particular geography. 

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