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, Oman Farm Tractor Market is anticipated to witness growth during the forecast period 2020-26F. According to the Central Bank of Oman, sound credit facilities are extended to the farmers to induce favorable adoption of agriculture equipment and would thus boost the agriculture sector in the country, further, expected to benefit the growth of the Oman farm tractor market in the coming years.
Key Highlights of the Report
- Overview Oman Farm Tractor Market
- Outlook Oman Farm Tractor Market
- Forecast Oman Farm Tractor Market
- Size Oman Farm Tractor Market
- Historical and Forecast Data of Oman Farm Tractor Market Revenues & Volume for the Period 2016-2026
- Historical and Forecast Data of Oman Farm Tractor Market Revenues, by horsepower rating, for the period 2016-2026
- Historical and Forecast Data of Oman Farm Tractor Market Revenues, by drive type, for the period 2016-2026
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