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 Cranes, Construction Tractor And Bulldozer, Earthmoving Equipment (Loaders, Excavators, Motor Grader)), Aerial Work Equipment (Articulated Boom Lifts, Telescopic Boom Lifts, Scissor Lifts), Material Handling Equipment (Telescopic Handlers, Forklifts), Dump Trucks, Road Construction Equipment (Pavers, Road Rollers), By Applications (Corporate Enterprise, Oil And Gas, Mining), Others (Municipality And Road Construction) And Competitive Landscape
According to 6Wresearch, Nigeria Construction Equipment Market size is likely to witness growth during 2020-2026. This growth is primarily driven by Nigerian government focus towards the overall infrastructure development plans and certain key initiatives such as housing to roads for around 200 million people in Nigeria and increasing the road budget to strengthen the transportation network in the country as well as implementing the Economic Recovery and Growth Plan (ERGP) to attain sustained economic growth in Nigeria. Additionally, the government is also enhancing the energy production capacity in the country which will bring investment in energy infrastructure projects. These initiatives will spur the demand for the construction equipment market in Nigeria during the forecast period.
Key Highlights
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: +911143024305 | Email: sales@6wresearch.com
According to 6Wresearch, Nigeria Construction Equipment Market size is likely to witness growth during 2020-2026. This growth is primarily driven by Nigerian government focus towards the overall infrastructure development plans and certain key initiatives such as housing to roads for around 200 million people in Nigeria and increasing the road budget to strengthen the transportation network in the country as well as implementing the Economic Recovery and Growth Plan (ERGP) to attain sustained economic growth in Nigeria. Additionally, the government is also enhancing the energy production capacity in the country which will bring investment in energy infrastructure projects. These initiatives will spur the demand for the construction equipment market in Nigeria during the forecast period.
Key Highlights
- Nigeria Construction Equipment Market Overview
- Nigeria Construction Equipment Market Outlook
- Nigeria Construction Equipment Market Forecast
- Market Drivers and Restraints
- Nigeria Construction Equipment Market Trends and Industry Life Cycle
- Porter’s Five Forces Analysis
- Market Opportunity Assessment
- Nigeria Construction Equipment Market Share, By Countries
- Nigeria Construction Equipment Market Share, By Companies
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: +911143024305 | Email: sales@6wresearch.com
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