Skip to main content

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 equ...
Post a Comment

North America Electric Motor Market | Middle East & Africa (MEA) Electric Motor Market | Latin America Electric Motor Market | Europe Electric Motor Market (2019-2025)

North America Electric Motor Market

North America Electric Motor Market size is projected to witness growth during 2019-25. With emergence of new technology and features such as, low power loss and maintenance free, there is an increase in demand for upgradation of pre-installed electric motors. Further, US is the key country registering maximum sales of Electric Motors in North America region. 

Middle East & Africa (MEA) Electric Motor Market

Middle East and Africa (MEA) Electric Motor market size is projected to witness growth during 2019-25 due to growing manufacturing hubs and increase in demand for HVAC solutions in upcoming commercial and residential projects. Further, with expected increase in industrial automation and government initiatives to strengthen non-oil sector would spur the growth of the market over the coming years. Government initiatives such as the Saudi Arabia Vision 2030, UAE Vision 202, etc., international events including World Expo 2020 and FIFA World Cup 2022 would boost the demand for electric motors in Middle East & Africa region. In Africa, increasing FDI and investment to expand transmission infrastructure would fuel its market during the forecast period. 

Latin America Electric Motor Market

Latin America Electric Motor Market size is projected to witness growth due to increasing automation in industrial sector in developing countries such as Argentina, Chile and Peru. Additionally, Electric motors with efficiency rating IE3 and above are in demand for their energy efficiency and good output features. These factors would grow the demand for Electric Motor market during 2019-25. Further, Mexico and Brazil are the key countries registering maximum sales of Electric Motors in Latin America. However, Argentina and Chile electric motor markets are growing relatively faster. 

Europe Electric Motor Market

Europe Electric Motor Market size is anticipated to grow during 2019-25. The industrial segment is expected to acquire the highest revenue share in future due to favourable government initiatives to strengthen the manufacturing sector and diversify the economy by building new industries in the region. Moreover, the government of several countries are inclined towards increasing the penetration of electric vehicles in passenger and commercial segments, which would create additional demand for electric motors across the region.

About 6Wresearch:

6Wresearch is the premier, one stop market intelligence and advisory center, known for its best in class business research and consulting activity. We provide industry research reports and consulting service across different industries and geographies which provide industry players an in-depth coverage and help them in decision making before investing or enter into a particular geography. 

Labels

Labels:

Comments

Post a Comment

Popular posts from this blog

UAE Fitness Equipment Market (2017-2023)

Market Forecast By Product Type (Cardiovascular Training Equipment (Treadmills, Elliptical Trainer/Cross Trainer, Stationary Bikes and Others), Strength Training Equipment (Weights and Single& Multifunctional Strength Training Equipment)), By End User Applications (Health Clubs and Gyms, Residential, Commercial Buildings and Others Applications), By Regions (Dubai and Rest of UAE) and Competitive Landscape According to 6Wresearch, UAE fitness equipment market size is projected to grow at a CAGR of 4.4% during 2017-23. Rising disposable income and increasing health concerns is resulting in addition of number of health clubs and gyms in the country. Further, government initiatives and availability of fitness centers in residential and commercial buildings with discounted memberships would encourage the UAE fitness equipment market forecast period growth in the coming years. " UAE Fitness Equipment Market (2017-2023) " provides in-depth analysis with 37 figures and 8 tabl...
Post a Comment
Read more

India Thermal Imaging Systems Market (2019-2025)

Market Forecast By Technology (Cooled and Uncooled), By Form Factor (Handheld and Fixed Mount), Rotary and Non-Rotary)), By Applications (Security and Surveillance, Testing and Detection, Firefighting and Others), By Verticals (Defense/ Military, Industrial and Commercial), By Regions (Eastern, Western, Northern and Southern) and Competitive Landscape. According to 6Wresearch, India thermal imaging market size is projected to grow at a cagr of 15% during 2019 to 2025. At present, India thermal imaging market is dominated by the defense vertical, however, the industrial vertical is also expected to capture lion's share of the market in future. Further, uncooled hand-held thermal imaging devices accounted for majority of the market demand, however on the other hand, cooled technology is expected to dominate the India thermal imaging market forecast revenues over the coming years. Amongst all the applications, surveillance application acquired largest India thermal imagin...
Post a Comment
Read more

Saudi Arabia Articulated Haulers Market (2020-2026)

Market Forecast By Product Types (Less Than 30T, 30T-40T, More Than 40T), By End-User Applications (Mining, Construction, Waste Management & Others) And Competitive Landscape According to 6Wresearch, Saudi Arabia Articulated Haulers Market size is anticipated to witness growth during 2020-2026. The outbreak of the coronavirus has adversely impacted the Saudi Arabia's economy during the initial months of 2020. However, the Saudi Arabia economy is expected to recover during 2021 and would promote the growth of the construction sector owing to increasing infrastructure and industrial development projects along with significant government investments in the construction projects that would further accelerate the market growth of articulated haulers. For instance, the upcoming infrastructure projects such as Red Sea Project, Jeddah Tower, Riyadh Metro and many others in alignment with Saudi Vision 2030 would accelerate the construction activities thereby increasing the articulated...
Post a Comment
Read more