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
India Agriculture Equipment Market
Market Forecast By Products (Tractors ( Up To 30 HP, 30.1 HP- 70 HP, 70.1 HP- 130 HP & 130.1 HP- 200 HP), Harvesters (Up To 30 HP, 30.1 HP- 70 HP, 70.1 HP- 130 HP & 130.1 HP- 200 HP), Threshers (Up To 30 HP & 30.1 HP- 70 HP), Pumps (Up To 30 HP, 30.1 HP- 70 HP, 70.1 HP- 130 HP, 130.1 HP- 200 HP & Above 200 HP), Power Tillers (Up To 30 HP & 30.1 HP- 70 HP), Rotavators ( Up To 30 HP, 30.1 HP- 70 HP & 70.1 HP- 130 HP And Other Agriculture Equipment) And Competitive Landscape.
According to 6Wresearch, India Agriculture Equipment Market size is projected to grow at a CAGR of 9.9% during 2019-25. The market is expected to grow at a slower pace till 2022, however, the market would witness a good growth on account of the government initiatives which aims to double the farmers income in the country till 2025.
Amongst all the products, tractors acquired the highest volume share in the overall India agriculture equipment market in 2018 and would continue to maintain its dominance during the forecast period as well. Moreover, 30.1-70 HP tractors acquired a major share in the overall market of tractors, harvesters, rotavators and threshers in India. For pumps and power tillers, up to 30 HP has been a major contributor to the overall volume in 2018.
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Key Highlights of the Report:
India Agriculture Equipment Market Overview
India Agriculture Equipment Market Outlook
India Agriculture Equipment Market Forecast
India Agriculture Equipment Market Size
India Agriculture Equipment Market Share, by products
India Agriculture Equipment Market Forecast of revenues until 2025
Historical Data of India Agriculture Equipment Market Revenues and Volume, by products for the Period 2015-2018
Market Size & Forecast of India Agriculture Equipment Market Revenues and Volume, by products until 2025
Historical Data of India Tractor Market Revenues and Revenue Share, by HP range for the Period 2015-2018
Market Size & Forecast of India Tractor Market Revenues and Revenue Share, By HP range until 2025
Historical Data of India Harvester Market Revenues and Revenue Share, by HP range for the Period 2015-2018
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