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 (Lead-Acid Based, Nickel Based, Lithium Based), By End-User Industry (Telecom & Data Centers, Industrial Equipments, UPS Backup, Automotive And Others), By Countries (India, China, Japan, Indonesia, Australia, South Korea, Thailand, Malaysia, Singapore, Vietnam) And Competitive Landscape.
According to 6Wresearch, Asia Pacific (APAC) Industrial Batteries market size is projected to grow substantially during 2020-2026. Due to the outbreak of pandemic coronavirus, the government of many countries imposed nation-wide lockdown to stop the spread of the virus resulting in shut down of operations in several sectors. This would restrain the industrial batteries market growth and would severely impact the economic growth of the countries across the Asia Pacific region for the year 2020.
Key Highlights of the Report:
- Overview APAC Industrial Batteries Market
- Outlook APAC Industrial Batteries Market
- Forecast APAC Industrial Batteries Market
- Size APAC Industrial Batteries Market
- APAC Industrial Batteries Market Forecast of Revenues, Until 2026
- Historical Data of APAC Industrial Batteries Market Revenues, By Types, for the Period 2016-2019
- Market Size & Forecast of APAC Industrial Batteries Market Revenues, By Types, until 2026
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