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...
Europe Variable Frequency Drives Market | Latin America Variable Frequency Drives Market | Africa VRF Market | Europe VRF Market (2019-2025)
Europe Variable Frequency Drives Market
Europe Variable Frequency Drive (VFD) Market size is projected to grow due to increasing popularity and innovations in Variable Frequency Drives along with surging demand in manufacturing and commercial segments. U.K., Germany and France are the key countries registering maximum sales of Variable Frequency Drives in Europe.
Latin America Variable Frequency Drives Market
Latin America Variable Frequency Drive (VFD) Market size is projected to witness growth during 2019-25. With expected rise in manufacturing sector, growing HVAC market and need for industrial automation would spur the market of Latin America VFD market over the next six years. Mexico is the key country registering maximum sales of variable frequency drives in Latin America owing to the wide deployment in the manufacturing and commercial hubs all over the country.
Africa VRF Market
Africa VRF Market is anticipated to register growth during 2019-25. Over the coming years, the market for VRF is anticipated to surge due to expected recovery of the economies of various African countries. Though, as compared to other regions, the share of Africa is relatively lower but due to growing demand for energy efficient products, the market for VRF would register growth.
Europe VRF Market
Europe VRF Market size is anticipated to register growth during 2019-25. By component market, Europe VRF market revenue is led by outdoor units and would continue to dominate over the forecast period. Further, in Europe market, France has generated significant market revenues in 2018 and the market would be primarily expected to be driven by countries such as Italy and Spain over the next six years.
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