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, UAE Farm Tractor Market is anticipated to witness growth during the forecast period 2020-26F. The efforts of the UAE government towards encouraging the farmers to use technically advanced farming machinery along with investments in the farming equipment by the government of the country is expected to propel the UAE farm tractor market growth in the coming years.
Key Highlights of the Report
- Overview UAE Farm Tractor Market
- Outlook UAE Farm Tractor Market
- Forecast UAE Farm Tractor Market
- Size UAE Farm Tractor Market
- Historical and Forecast Data of UAE Farm Tractor Market Revenues & Volume for the Period 2016-2026
- Historical and Forecast Data of UAE Farm Tractor Market Revenues, by horsepower rating, for the period 2016-2026
- Historical and Forecast Data of UAE Farm Tractor Market Revenues, by drive type, for the period 2016-2026
- Market Drivers and Restraints
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