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 Product Types (Rigid Frame, Articulating Frame), By End-User Applications (Mining, Construction & Others), By Countries (Kenya, Nigeria, South Africa, Uganda, Algeria, Ethiopia, Rwanda) And Competitive Landscape According to 6Wresearch, Africa Off-Highway Truck Market size is projected to grow substantially during 2020-2026. The outburst of life-threatening pandemic coronavirus would adversely affect the economic growth of countries under the African region during 2020 thereby restraining the off-highway truck market growth. However, the African regional economic growth would gain momentum in 2021 and would promote the market demand for off-highway trucks due to the rise in mining sector. African countries are rich in gold, copper, tungsten and platinum reserves which would promote the mining and exploration activities in the region. Additionally, the upcoming mining sector projects such as the Tendai gold project, Gakara mine, RHA Tungsten Project and several