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
By Equipment Types (Motor Grader, Earthmoving (Loader, Motor
Grader, Crawler Dozer And Excavator) And Dump Trucks), Applications
(Construction, Mining & Quarrying And Utilities) And Countries (Saudi
Arabia, UAE, Qatar, Kuwait, Oman And Bahrain)
According to 6Wresearch, the GCC
construction equipment market is anticipated to grow at a CAGR of 1.6%
from 2016 to 2022.
Key Highlights of the Report
• Historical data & Forecast of GCC Construction
Equipment Market Revenue & Volume for the Period 2010-2022.
• Historical data & Forecast of Saudi Arabia
Construction Equipment Market Revenues & Volume, By Types, Applications
& Regions for the period 2010-2022.
• Historical data & Forecast of UAE Construction
Equipment Market Revenues & Volume, By Types, Applications & Regions
for the period 2010-2022.
• Historical data & Forecast of Qatar Construction
Equipment Market Revenues & Volume, By Types, Applications & Regions
for the period 2010-2022.
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