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 Voltage (Low, Medium, High), By Types (AC, DC), By Applications (Pump, Fan, Conveyor, Compressors & Others), By End-Users (Industrial Processing, Commercial HVAC, Automotive, Consumer Appliances, Power Generation & Others (Defense, Agriculture, Waste Water Management)) And Competitive Landscape According to 6Wresearch, South Africa Electric Motor Market size is anticipated to register substantial growth during the forecast period 2020-2026. The business operations in South Africa would witness a downfall during the initial months of 2020 due to the outbreak of coronavirus adversely impacting the electric motor market growth. The automotive sector would act as a key participant in the country’s economic growth on account of several electric vehicles being introduced to the market during the coming years such as Audi e-Tron, Mercedes EQC, New 40 kWh Nissan Leaf and the 62 kWh Nissan Leaf e+, the Opel Corsa-e thereby, attributing to the growth of the electric