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 (Mobile Crane, Fixed Crane, Marine And Offshore Crane), By Applications (Industrial Applications, Marine And Offshore, Mining And Excavation, Construction) And Competitive Landscape.
As per 6Wresearch, Iraq Crane Market share is likely to witness growth during 2020-2026. This growth is primarily attributed to government initiatives towards increasing investment in construction projects in the country. Iraq has witnessed a steady rise in construction projects, particularly in the commercial and industrial sectors. Additionally, the government is increasing the budget in oil refinery and mining projects, for instance, the Iraq government had invested $6.04bn in the new Karbala oil refinery project.
Key Highlights of the Report:
- Overview Iraq Crane Market
- Outlook Iraq Crane Market
- Forecast Iraq Crane Market
- Iraq Crane Market Size and Iraq Crane Market Forecast of Revenues and Volume, Until 2026.
- Market Size and Forecast of Iraq Crane Market Revenues and Volume, By applications, Until 2026
- Market Size and Forecast of Iraq Crane Market Revenues and Volume, By types, Until 2026
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