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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 Electric Drives Market| UAE Fire Safety Systems and Equipment Market| India Solid State Drive (SSD) Market | Saudi Arabia Fire Safety Systems and Equipment Market | Europe Energy Storage Systems Market (2017-2023)

Saudi Arabia Electric Drives Market

Saudi Arabia Electric Drives market size is projected to grow at a CAGR of 5.3% during 2017-23. Though, the market witnessed decline in 2015 and 2016 and the same trend is expected in 2017 as well, however, the market is likely to improve post 2017 due to anticipated recovery of oil prices. Changing government policies, economic diversification, expansion of automotive manufacturing as well as growth in petrochemical industry would fuel the market for electric Drives in Saudi Arabia.

UAE Fire Safety Systems and Equipment Market

UAE Fire Safety and Equipment market size is projected to grow at a CAGR of 10.1% during 2017-23. Fire safety systems and equipment market in UAE is expected to spur in the coming years owing to numerous infrastructure projects worth more than $400 Billion, which are lined up in Dubai alone for World Expo 2020 and for Dubai Plan 2021.

India Solid State Drive (SSD) Market

India Solid State Drive Market Size is projected to reach nearly $156 million by 2023. Presently, India's data storage device market is dominated by Hard Disk Drive (HDD) segment. On the contrary, SSD segment is a niche market in India. However, SSD market in India is poised to grow threefold over the next six years. Rapid rise in next generation connected devices, growing premium & high-end PC market, need for higher performance & capacity storage devices, increasing IT spending, and growing number data centers would proliferate SSD market in India.

Saudi Arabia Fire Safety Systems and Equipment Market

Saudi Arabia Fire Safety Systems and Equipment market size is projected to grow at a CAGR of 5.6% during 2017-23. Fire Safety systems and equipment market has registered robust growth until 2014, however the market has declined post 2014 due to reduced government spendings across various sectors. The market is expected to recover post 2017 due to changing government policies to support establishment of new industries related to petrochemical, IT/ITeS, automotive manufacturing and development of public infrastructure.

Europe Energy Storage Systems Market

Europe Energy Storage Systems market size is projected to grow at a CAGR of 14.5% during 2017-23. However, energy storage systems market is still in its initial phase of deployment in most of the European countries on account of lack of common policy framework across different countries which is creating uncertainties among companies and investors to invest in technologies and R&D.

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