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 Microgrid Market
By Types (Grid Connected, Remote/Island/Off-Grid), By Applications (Healthcare, Military, Educational Institutes, Industries, Government & Utilities & Others), By Regions (North America, Europe, APAC, Latin America, Middle East & Africa & Rest Of World) By Key Countries And Competitive Landscape.
According to 6Wresearch, Global Microgrid Market size is expected to witness significant growth during 2019-2025. North America is the leading revenues generating region in the global market due to the growing government initiative for reliable power supply in the military sector. For instance, government plan “Smart Power Infrastructure Demonstration for Energy Reliability and Security” (SPIDERS) by the US military has augmented the large-scale deployment of microgrids in the military sector. However, APAC region is expected to register high growth during the forecast period on account of various government programs such as “China’s Thirteenth Five Year Plan for Electricity Development”, “National Smart Grid Mission” of India, etc. which, would result in energy restructuring leading to high installation of microgrids in the region.
Key Highlights of the Report:
- Historical Data of Global Microgrid Revenues for the Period 2015-2018
- Market Size & Forecast of Global Microgrid Market Revenues, By Types, until 2025
- Historical Data of Global Microgrid Market Revenues, By Applications, for the Period 2015-2018
- Market Size & Forecast of Europe Microgrid Market Revenues, until 2025
- Historical Data of APAC Microgrid Market Revenues, for the Period 2015-2018
- Market Size & Forecast of APAC Microgrid Market Revenues, until 2025
- Historical Data of Latin America Microgrid Market Revenues, for the Period 2015-2018
- Market Size & Forecast of Latin America Microgrid Market Revenues, until 2025
- Market Drivers and Restraints
- Key Strategic Recommendations
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