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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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Saudi Arabia Cable Tray Market | Europe Lithium Ion Battery Market | India Air Purifier Market | Saudi Arabia 50 Hp and Above Electric Motor Market | Saudi Arabia Air Pollution Control Systems Market (2018-2024)

Saudi Arabia Cable Tray Market

Saudi Arabia Cable Tray Market size is projected to grow at a CAGR of 12.1% during 2018-24. According to the Saudi Vision 2030 initiative, the government plans to reduce the country's dependence on oil-sector based revenues and focus on developing and strengthening its non-oil based economy. The cable tray market is dominated by steel based cable trays in revenue terms, while ladder cable trays holds majority of the revenue share by type. Additionally, the Eastern region held largest Saudi Arabia Cable Tray Market Share in terms of revenues in 2017. 

Europe Lithium Ion Battery Market

Europe Lithium Ion Battery market size is projected to grow at a CAGR of 15.9% during 2018-24. Lithium ion battery has emerged as most favored power source for wide range of consumer goods including mobile phones, toys, e-bikes and passenger vehicles due to its high efficiency and rechargeable feature. Currently, consumer electronics application accounted for major Europe lithium ion battery market share, followed by industrial and automotive applications. However, during the forecast period, automotive application is expected to depict highest growth due to strict regulation enforced by government and initiatives resulting in increasing demand for electric vehicles.

India Air Purifier Market

India air purifier market size is projected to grow at a CAGR of over 35% during 2018-24. India air purifier market is mainly an import driven market with major players importing their products in the country. In terms of technology, in 2017, HEPA + Carbon recorded the maximum pie in the overall India air purifier market share. However, HEPA + Carbon air purifiers are expected to decline owing to advancement in the technology and rise in number of filters in air purifiers over the coming years.

Saudi Arabia 50 Hp and Above 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.

Saudi Arabia Air Pollution Control Systems Market

Saudi Arabia air pollution control system market size is projected to grow at a CAGR of 5.8% during 2018-24. The industrial sector is expected to strengthen on account of increasing foreign investment which in turn is expected to yield a moderate growth in the air pollution control system market during the forecast period. Additionally, strict emission laws for industrial pollution contents by the government would further surge the demand for APCS in the country. 


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