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
Market Forecast By Types (Portable And Stationary), By Lubrication Method (Oil-Injected And Oil Free), By Technology (Rotary (0-75kW, 76-160kW And Above 160kW), Centrifugal (0-500kW And Above 500kW), Reciprocating (0-10kW And Above 10kW)), By Applications (Industrial, Construction, Oil & Gas, Food & Beverages And Others), By Regions (Central, Southern, Western And Eastern) And Competitive Landscape
According to 6Wresearch, Kuwait air compressor market size is forecast to grow at a CAGR of 3.9% during 2018-24. Major drop in oil prices in 2014 led to the downfall of the oil & gas industry in the country, resulting in a negative growth of Kuwait air compressor market. The stabilizing of oil prices and the increasing role of non-oil sector is expected to lead to positive growth of Kuwait air compressor market in 2018. The ambitious Kuwait Vision 2035 Plan, which aims to diversify the economy, is revitalizing the construction market in the country. Ongoing and upcoming infrastructural advancement in Kuwait is further escalating the demand for air compressors in the country.
Key Highlights
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6Wresearch is the premier, one stop market intelligence and advisory center, known for its best in class business research and consulting activity. We provide industry research reports and consulting service across different industries and geographies which provide industry players an in-depth coverage and help them in decision making before investing or enter into a particular geography.
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According to 6Wresearch, Kuwait air compressor market size is forecast to grow at a CAGR of 3.9% during 2018-24. Major drop in oil prices in 2014 led to the downfall of the oil & gas industry in the country, resulting in a negative growth of Kuwait air compressor market. The stabilizing of oil prices and the increasing role of non-oil sector is expected to lead to positive growth of Kuwait air compressor market in 2018. The ambitious Kuwait Vision 2035 Plan, which aims to diversify the economy, is revitalizing the construction market in the country. Ongoing and upcoming infrastructural advancement in Kuwait is further escalating the demand for air compressors in the country.
Key Highlights
- Kuwait Air Compressor Market Overview
- Kuwait Air Compressor Market Outlook
- Kuwait Air Compressor Market ForecastKuwait Air Compressor Market Trends and Opportunities
- Kuwait Air Compressor Market Overview on Competitive Landscape
- Kuwait Air Compressor Market Share, By Players
- Recent Market Trends
About Us
6Wresearch is the premier, one stop market intelligence and advisory center, known for its best in class business research and consulting activity. We provide industry research reports and consulting service across different industries and geographies which provide industry players an in-depth coverage and help them in decision making before investing or enter into a particular geography.
Contact Us: Phone: +911143024305 | Email: sales@6wresearch.com
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