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...

Intersec Dubai 19- 21 January 2020 | Knowledge Partner - 6WRESEARCH

Intersec Saudi Arabia Relocates To Riyadh


The 4th Intersec Saudi Arabia – the Kingdom’s largest trade fair for security, safety, and fire protection – will next year relocate to Riyadh after three successful annual runs in the nation’s red sea port city of Jeddah.

Intersec Saudi Arabia 2020, which is organized by the Saudi-based ACE Exhibitions under license from Messe Frankfurt Middle East, will run at the Riyadh International Convention & Exhibition Center (RICEC) on March 23 - 25 and feature more than 100 exhibitors from 20 countries.

The move comes as consultancy 6WResearch forecasts the Kingdom’s fire safety systems & equipment market – the largest in the GCC – will register compound annual growth until 2025 of 5.5% reaching a cumulative value of US $402 million. Growth is being driven in part by government regulation of compulsory installation of fire safety, detection and alarm systems in buildings.

Click here to view:


Saudi Arabia’s safety and security market meanwhile is expected to attain annual growth of 4.8% to 2025 to top $1.1billion in value with opportunities arising from measures aimed at security the safety of increased Umrah visitor numbers.

ā€œThis strategic move follows keen insights from our loyal exhibitor base and is aimed at giving key decision-makers in the Kingdom, including governmental and ministerial delegates based in the Saudi Arabia capital, greater access to this important exhibition,ā€ said Andreas Rex, Intersec Saudi Arabia’s Show Director.

ā€œIn its first three years the show has built up momentum across its six key product sectors and benefitted from strong government support. The move to Riyadh brings Intersec Saudi Arabia closer to that network.ā€

Intersec Saudi Arabia is held under the patronage of the Saudi Arabian Ministry of Interior and is supported by the Kingdom’s Ministry of Health and the Saudi Safety & Security Department. The show covers the commercial security, information security, perimeter & physical security, homeland security & policing, fire & rescue, and safety & health product groups.

The move has received a positive response from key Intersec Saudi Arabia partners. Philippe Kubbinga, Regional Director of Axis Communications, Middle East & Africa, one of the show’s launch partners believes the move will give his company greater access to an influential buyer base.

ā€œWith the show now being based in Riyadh, where several of the decision-making authorities are based, we hope to see a higher number of these dignitaries making their way to the exhibition. The commercial security and fire protection market in Saudi Arabia is very important for us. With the current positive market developments, we are looking forward to becoming part of upcoming high-end government projects,ā€ he said.

Long-standing exhibitor Hikvision says the Riyadh venue has the capability of attracting from well beyond the confines of the Saudi Arabian capital. ā€œIt is geographically located at the centre of the Kingdom, enabling visitors from other areas to arrive at the venue more conveniently,ā€ commented Wesley Wang, Regional Manager of Saudi Arabia and Bahrain, Hikvision MENA.

Another Intersec Saudi Arabia launch partner, Nedap, says the move will facilitate easier penetration of the Kingdom’s important central province and important government smart city developments. ā€œResearch shows that central region holds the major market share for physical security systems and this move will help us tap more easily into this,ā€ said Jochem van Ruijven, Managing Director, Nedap FZE. ā€œIt should also be remembered that the Kingdom’s Smart City initiatives will start in Riyadh.ā€

Rex believes the move is extremely timely enabling exhibitors to penetrate Saudi Arabia’s increasing development investment budgets. ā€œUnder the Kingdom’s Vision 2030 development plan, greater public sector emphasis is being laid on strengthening Saudi Arabia’s social infrastructure and its non-oil sectors.

ā€œHealthcare and infrastructure have already benefited from increased budgetary allocations and major development initiatives are being unveiled for the construction, renewable energy, public infrastructure development and transportation systems.

ā€œThe scale of opportunity is immense. According to the Kingdom’s Energy Minister Khalid Al Falih, the country is seeking US$ 426 Bn in investment by 2030 for infrastructure as well as energy, mining and other industrial projects, as part of an effort to cut its reliance on oil.

ā€œIntersec Saudi Arabia covers these important segments so for suppliers wishing to gain a share of the revitalized Saudi development strategy, the show and its new central location, could not come at a better time.ā€

Among the Saudi Vision 2030 KPIs are plans to have three of the Kingdom’s cities recognized among the world’s top-ranked 100 and to lift Saudi Arabia’s social capital index position from 26 to 10. — SG

Comments

Popular posts from this blog

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...

Saudi Arabia Asphalt Paver Market (2020-2026)

  Market Forecast By Types (Track Pavers, Wheel Pavers, Screeds), By Pavement Width (Less Than 2.5 Meters, 2.5-5 Meters, More Than 5 Meters), By Technology Type (Hydrostatic, Mechanical), By Applications (Highway, Urban Road & Others) And Competitive Landscape According to 6wresearch, Saudi Arabia Asphalt Paver Market is expected to grow during 2020-2026. Saudi Arabia is one of the fastest-growing nations in the Middle East and various upcoming road development projects in Saudi Arabia would encourage the demand for asphalt pavers in the region. Moreover, Qiddiya entertainment city, King Fahd Medical City Expansion, and Riyadh Rapid Bus Transit System are some major projects which would accelerate the demand for asphalt pavers in the region. Key Highlights of the Report: Saudi Arabia Asphalt Paver Market Overview Saudi Arabia Asphalt Paver Market Outlook Saudi Arabia Asphalt Paver Market Forecast Historical Data of Saudi Arabia Asphalt Paver Market Revenues and Volumes for the...

Saudi Arabia Air Pollution Control Systems Market (2018-2024)

According to 6Wresearch, Saudi Arabia Air Pollution Control System Market revenues are projected to grow at a CAGR of 5.8% during 2018-24. The government is focused on developing non-oil sectors which would shift the economical dependency of the country towards manufacturing units, and chemical & petrochemical industries. Setting up of new industries and the subsequent installation of air pollution control systems in compliance with current regulations for industrial pollution would surge the demand for APCS in the country. Saudi Arabia Air Pollution Control Market (2018-2024) provides in-depth analysis with 44 figures and 9 tables covered in more than 113 pages. The report estimates and forecast the overall air pollution control system market by revenues, equipment type, regions and applications such as power generation, chemical industries, iron & steel industries and others. The report provides an unbiased and detailed analysis of the on-going trends, opportunities/high...