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
Global Centrifugal Pump Market
By Types(Overhung Impeller, Vertically Suspended, Between Bearing), By Stages(Single, Multistage, Axial & Mixed Flow Pumps, Submersible Pumps, Seal Less & Circular Flow Pumps), By Applications(Chemicals, Oil & Gas, Power Generation, Construction, Pharmaceuticals, Food And Beverages, Metals And Mining, Water And Wastewater & Others), Regions(North America, Latin America, Europe, Asia-Pacific & Middle East & Africa), By Key Countries And Competitive Landscape.
According to 6Wresearch, Global Centrifugal Pump Market size is anticipated to register growth during 2019-25. Overhung impeller type of centrifugal pump, acquired major revenue share in 2018 and is projected to lead the demand during the forecast period owing to large deployment in several verticals including industrial organizations, residential and commercial buildings. Additionally, rising demand for overhung impeller pumps in power generation sector would lead the market revenue growth worldwide.
Rising investments in water and wastewater infrastructure in the Asia Pacific region, especially in countries like India, Thailand, and Malaysia would lead to rising demand for centrifugal pump during the forecast period. Moreover, Middle Eastern and African countries such as Saudi Arabia and Nigeria would witness substantial growth over the coming six years owing to rising government investments in water and wastewater management solutions in the region.
Key Highlights of the Report:
Global Centrifugal Pump Market Overview
Global Centrifugal Pump Market Outlook
Global Centrifugal Pump Market Forecast
Historical Data of Global Centrifugal Pump Market Revenues & Volume for the Period 2015-2018
Global Centrifugal Pump Market Size and Global Centrifugal Pump Market Forecast of Revenues & Volume, Until 2025
Historical Data of Global Centrifugal Pump Market Revenues & Volume, by Types, for the Period 2015-2018
Market Size & Forecast of Global Centrifugal Pump Market Revenues & Volume, by Types, Until 2025
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