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
In conversation with Ankit Sharma of ETRealty, Rajat Kharbanda, Client Partner, 6WResearch said the residential sector was the major driving factor for lighting industry but going forward industrial and commercial sectors are expected to drive growth. Adoption of smart lighting is currently low but is expected to increase going forward.
https://www.6wresearch.com/news/349/commercial-industrial-sectors-to-drive-growth-of-lighting-industry-rajat-kharbanda-6wresearch
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