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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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Vietnam UPS Systems Market | Global Gas Genset Market | Thailand Diesel Genset Market | India Air Conditioner Market | Saudi Arabia Industrial Valves Market (2018-2024)

Vietnam UPS Systems Market

Vietnam UPS market size is projected to grow at a CAGR of 4.7% during 2018-24. Government plans such as National Transport Master Plan (2011-20) and the $121 billion Ho Chi Minh City Master Transport Plan are likely to create huge opportunities for UPS companies as these would lead to infrastructural development across the country. According to Government of Vietnam (GVN), the manufacturing and processing sectors are expected to flourish and contribute significantly to the industrial segment of Vietnam on account of growing foreign investment in the country.

Global Gas Genset Market

Global gas genset market size is projected to grow at a CAGR of 5.6% during 2018-24. Widening electricity demand-supply gap, rising industrialization, low operational cost as well as growing demand for clean and reliable power supply and expansion of gas pipeline infrastructure by several countries such as China, the United States, Russia and India would drive the growth for gas gensets in several regions of the world. Moreover, high power losses in many Asian and Latin American countries due to inefficient power generation infrastructure would also surge the demand for efficient power backup equipment such as gensets over the years to come. Upcoming projects such as Google Data Centre, Facebook Data Centre and FBI Data Centre would drive the demand for Global gas genset market forecast revenues over the coming years.

Thailand Diesel Genset Market

Thailand diesel genset market size is projected to grow at a CAGR of 3.1% during 2018-24. Diesel gensets in the 375.1kVA-750kVA power rating range accounted for majority of the Thailand diesel genset market share in 2017 on account of their wide utilization across several application areas such as hospitality, retail, manufacturing units and healthcare segments. Additionally, growing social infrastructure in the country would further spur the demand for diesel gensets as an auxiliary power support system in the country.

India Air Conditioner Market

India air conditioner market size is projected to grow at a CAGR of 12.2% during 2018-2024. India air conditioner market is highly competitive and fragmented with presence of domestic, international and unorganized market participants. 

Saudi Arabia Industrial Valves Market

Saudi Arabia industrial valves market size is projected to grow at a CAGR of 3.3% during 2018-24. The government of Saudi Arabia has introduced several development plans such as Saudi Vision 2030 and the National Transformation Plan 2020, with the objective of accelerating growth and diversification of the economy. Such initiatives would help the non-oil sectors to grow and promote the development of commercial buildings, offices, healthcare centers and hotels in future. Hence, the market for industrial valves in the country is expected to grow substantially during the forecast period. 


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