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
According to 6Wresearch, Saudi Arabia Light Tower Market size is projected to grow at a CAGR of 4.2% during 2019-2025. The construction segment is the highest revenue generating segment in Saudi Arabia light tower market, due to rise in construction projects and increased government investment to enhance the country’s infrastructure. Qiddiya entertainment city, Makkah Grand Mosque – Third Expansion, Hanergy solar park, Saudi Aramco-Total’s PIB factory and King Abdullah Bin Abdulaziz Medical Complexes are few of the upcoming construction projects in Saudi Arabia, which would accelerate the market demand of light towers over the coming years
Key Highlights of the Report:
Historical Data of Saudi Arabia Light Tower Market Revenues, for the Period 2015-2018
Saudi Arabia Light Tower Market Size and Forecast of Revenues, Until 2025
Historical Data of Saudi Arabia Light Tower Market Revenues, by Light Type, for the Period 2015-2018
Market Size & Forecast of Saudi Arabia Light Tower Market Revenues, by Light Type, until 2025
Historical Data of Saudi Arabia Light Tower Market Revenues, by Fuel Type, for the Period 2015-2018
Market Size & Forecast of Saudi Arabia Light Tower Market Revenues, by Fuel Type, until 2025
Historical Data of Saudi Arabia Light Tower Market Revenues, by End-User, for the Period 2015-2018
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