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 equ...
Qatar Air Conditioner Market | South Africa Waste Water Treatment Chemicals Market | Saudi Arabia Cold Storage Market | Indonesia High Speed Diesel Genset Market | India Video Surveillance Storage Market (2018-2024)
Qatar Air Conditioner Market
Qatar air conditioner market size is forecast to grow at a CAGR of 5.9% during the period 2018-24. Construction industry in Qatar is expected to boom with government planning to spend around 47% of the national budget on major infrastructure projects, thereby attracting foreign direct investment in the country. Further, the government is planning to develop nation's higher education capabilities and is expected to construct new schools with a total cost of around $1.9 billion across the country over the coming years.
South Africa Waste Water Treatment Chemicals Market
South Africa waste water treatment chemicals market size is projected to grow at a CAGR of 6.0% during 2018-24. South Africa is likely to ramp up spending on waste water treatment chemicals. Spending on waste water treatment chemicals has been growing tremendously over the past few years. For instance, South Africa government has launched various schemes such as Algoa Water Supply re-use and Treatment of effluent for potable and non-potable water utilization schemes, which would drive the market of waste water treatment chemicals in the country in near future.
Saudi Arabia Cold Storage Market
Saudi Arabia cold storage market size is projected to reach $2,572 million by 2024. Saudi Arabia market registered a decline in demand during 2014-16 due to deteriorating economic conditions owing to fall in oil prices. However, the market is anticipated to bounce back with recovery of oil prices post 2017. Further, growing concerns over food wastage and increasing population in Saudi Arabia is expected to boost the growth of the cold storage market during the forecast period. Amongst all the verticals, the retail & logistics segment acquired highest revenue share of the market. Additionally, the hospitality & healthcare, along with government & transportation verticals are expected witness highest Saudi Arabia Cold Storage Market forecast revenues over the coming years
Indonesia High Speed Diesel Genset Market
Indonesia High Speed Diesel Genset Market Size is projected to grow at a CAGR of 3.8% during 2018-24. In Indonesia, high speed diesel gensets with rating 5 kVA-500 kVA accounted for majority of the revenue and volume share in the overall Indonesia high speed diesel genset market share due to wide range of applications across various sectors. high utilization of these gensets in telecom infrastructure in the unreliable and off-grid regions is also expected to drive the market by 2024. By Application types, commercial application accounted for majority of the revenue share in the overall market, followed by industrial and residential applications. However, during the forecast period, the industrial application is expected to depict highest growth rate due to the development of large-scale industrial projects such as construction of new special zones in Bitung and Morotai, which would be responsible for the growth of high speed diesel genset market over the coming years.
India Video Surveillance Storage Market
India Video Surveillance Storage market size is projected to grow at a CAGR of over 10.5% during 2018-24. Over the last few years, India has witnessed a shift from traditional based analog surveillance to IP based video surveillance solutions. This shift in demand has surged the need for high capacity and advanced storage solutions in India video surveillance market. In terms of technology, in 2017, Network Attached Storage (NAS) based video surveillance storage solutions registered highest revenue share of the overall market. The technology is majorly driven by increasing usage of wireless devices, growing demand for scalability, and rising IT infrastructure in the country.
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