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
Middle East Power & Distribution Transformer Market
Market Forecast By Type (Power Transformer and Distribution Transformer), By Power Rating (Distribution Transformer (Up to 315 KVA and 315.1 KVA - 5 MVA), Power Transformer (5.1 MVA - 50 MVA and Above 50 MVA)), By Cooling System (Dry Type and Liquid Type), By Applications (Power Utilities and Industrial), By Countries (Saudi Arabia, UAE, Qatar, Kuwait, Bahrain, Oman, Turkey, Iran, Jordan, Lebanon and Others) and Competitive Landscape.According to 6Wresearch, Middle East power & distribution transformer market size is projected to reach $1.6 billion by 2023. UAE, Saudi Arabia and Kuwait government are taking major steps to strengthen the non-oil sectors due to recent decline in crude oil prices, which have adversely affected the market during the last 3 years. With expected recovery of crude oil prices and increase in public infrastructure development for next 5 years, the market would rebound during the forecast period.
"Middle East Power & Distribution Transformer Market (2017-2023)" provides an in-depth analysis with 229 figures and 18 tables covered in more than 390 pages. The report estimates and forecast the overall Middle East power & distribution transformer market by revenues, volume, types, power rating, cooling system such as dry type and liquid type, applications such as power utilities and industrial as well as regions. The report also offer insights on competitive landscape, company profiles, market drivers and restraints.
Press Release:https://www.6wresearch.com/press-releases/middle-east-power-distribution-transformer-market-share-trends-forecasts-size-growth-opportunity-players-media-news.html
Key Highlights of the Report:
Historical Data of Global Power & Distribution Transformer Market Revenues and Volume for the Period 2014-16.
Market Size & Forecast of Global Power & Distribution Transformer Market Revenues and Volume until 2023.
Market Size & Forecast of Saudi Arabia Power & Distribution Transformer Market Revenues and Volume until 2023.
Historical Data of UAE Power & Distribution Transformer Market Revenues and Volume for the Period 2014-16.
Market Size & Forecast of UAE Power & Distribution Transformer Market Revenues and Volume until 2023.
Historical Data of Qatar Power & Distribution Transformer Market Revenues and Volume for the Period 2014-16.
Market Size & Forecast of Qatar Power & Distribution Transformer Market Revenues and Volume until 2023.
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