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 Horsepower Rating (Below 40 Hp, 40 Hp – 100 Hp, Above 100 Hp), By Drive Type (Two-Wheel Drive, Four-Wheel Drive) And Competitive Landscape.
According to 6Wresearch, China Farm Tractor Market is anticipated to witness growth during the forecast period 2020-26F. China upholds a significant position in the global agriculture sector, with only around 9% sown area in the country. China accounts for around 20% of the total agriculture harvest supplied all across the globe. With a spur in the agricultural sector backed by increasing demand for food grains and vegetables in the country, the China farm tractor market is likely to witness strong growth projections during the forecast period 2020-
Key Highlights of the Report
- China Farm Tractor Market Overview
- China Farm Tractor Market Outlook
- China Farm Tractor Market Forecast
- China Farm Tractor Market Size
- Historical & Forecast Data of China Farm Tractor Market Revenues & Volume for the Period 2016-2026
- Historical & Forecast Data of China Farm Tractor Market Revenues, by horsepower rating, for the period 2016-2026
- Historical & Forecast Data of China Farm Tractor Market Revenues, by drive type, for the period 2016-2026
- Market Drivers and Restraints
- China Farm Tractor Market Trends & Industry Life Cycle
- Porter’s Five Forces Analysis
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