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 (Mini/Compact Excavator, Crawler Excavator, Wheeled Excavator & Other Excavator), By Power Range (0-300 HP, 301-500 HP, 501 & Above HP), By Applications (Construction, Forestry & Agriculture, Mining And Others (Municipality, Road Construction)), By End-User (Contractor, Rental Provider & Other), By Key Countries (South Africa, Kenya, Nigeria & Rest Of Africa) And Competitive Landscape
As per 6Wresearch, Africa Excavators Market size is expected to demonstrate growth during 2020-26. Governments of many African countries have invested heavily in mining and irrigation projects across the continent, all of which have greatly contributed to the use of Excavators. Development authorities, governments, and even private companies in some African countries have begun investing in infrastructure development and construction projects, which would directly increase the demand for excavators in the continent. In terms of excavator type, the crawler excavator dominates the overall Africa Excavator market. Residential and non-residential buildings, expanding infrastructure, and developing natural resources in the region would be driving the growth of excavators.
Key Highlights of the Report
- Africa Excavators Market Overview
- Africa Excavators Market Outlook
- Africa Excavators Market Forecast
- Historical Data of Africa Excavators Market Revenues and Volumes for the Period 2016-2019.
- Market Size & Forecast of Africa Excavators Market Revenues and Volumes, Until 2026.
- Market Size & Forecast of Africa Excavators Market Revenues and Volumes, by Types, Until 2026.
- Market Size & Forecast of Africa Excavators Market Revenues and Volumes, by Power Range, Until 2026.
- Market Size & Forecast of Africa Excavators Market Revenues and Volumes, by Applications, Until 2026
- Market Size & Forecast of Africa Excavators Market Revenues and Volumes, by End User, Until 2026
- Historical Data of South Africa Excavators Market Revenues and Volumes, for the Period 2016-2019.
- Market Size & Forecast of South Africa Excavators Market Revenues and Volumes, Until 2026.
- Historical Data of Kenya Excavators Market Revenues and Volumes, for the Period 2016-2019.
- Market Size & Forecast of Kenya Excavators Market Revenues and Volume Share, Until 2026.
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