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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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UAE Building Automation Control Systems Market | India Stationery Market | UAE Elevator & Escalator Market | Saudi Arabia Pillow Market | Middle East Fire Safety Systems and Equipment Market (2018-2024)

UAE Building Automation Control Systems Market

UAE building automation and control systems market size is projected to grow at a healthy CAGR of 7.5% during 2018-24. Increasing infrastructural development and growing investment in commercial and industrial sectors under the country's development plan - UAE Vision 2021, would act as a major growth driver for the building automation systems market over the coming years. 

India Stationery Market

India stationery market size is projected to grow at a CAGR of 10.5% during 2018-24. In India, major demand for stationery products is generated from education sector due to increasing enrollment of students in schools and higher educational institutions. Further, growing e-commerce industry in the country is also contributing to rising sales of stationery products. Office segment is the second highest consumer of stationery products and is anticipated to register healthy growth during the forecast period due to growing demand for stationery products in the service sector.

UAE Elevator & Escalator Market

UAE Elevator & Escalator Market size is expected to grow at a CAGR of 4.7% during 2018-24. In 2015, the market registered slow growth due to slump in oil prices, which hampered the infrastructural development projects in the country. The market is anticipated to record growth on the back of improving economic conditions in UAE. Growing urbanization rate, and rise in installation of elevators in the residential sector would boost UAE elevator & escalator market forecast revenues. Amongst all the elevators segments, machine room elevators acquired highest revenue share of the market.

Saudi Arabia Pillow Market

Saudi Arabia pillow market size is projected to reach $15.0 million by 2024. Down and feather pillows are the most popular type in the Kingdom, followed by microfiber, foam & memory foam, and other types of pillows. Down and feather are in high demand as these are more durable as compared to microfiber pillows (the most common pillows in the market at the moment). Amongst the applications, residential segment accounted for majority of the Saudi Arabia pillow market share in 2017.

Middle East Fire Safety Systems and Equipment Market

Middle East Fire Safety Systems and Equipment market size is projected to grow at a CAGR of 7.8% during 2018-24. Middle East Fire safety systems and equipment market forecast period revenues are anticipated to grow due to rising construction activities and installation of fire safety equipment in public places, residential apartments and offices. Several projects across several Middle East countries were put on hold after the oil price crash in 2014 which had a negatively impacted he growth of the fire safety systems and equipment market in Middle East region during the last few years. 

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