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 Operating Capacity (Small Operating Capacity Compact Track And Multi-Terrain Loaders (Less Than 2000 Lbs), Medium Operating Capacity Compact Track And Multi-Terrain Loaders (2000-3000 Lbs), Large Operating Capacity Compact Track And Multi-Terrain Loaders (Above 3000 Lbs)), By Engine Capacity (Small Engine Capacity Compact Track And Multi-Terrain Loaders (Up To 65 HP), Medium Engine Capacity Compact Track And Multi-Terrain Loaders (65-80 HP), Large Engine Capacity Compact Track And Multi-Terrain Loaders (Above 80 HP)), By Lift Paths (Radial Lift Path Compact Track And Multi-Terrain Loaders, Compact Lift Path Compact Track And Multi-Terrain Loaders), By Products (Rubber-Tracked Compact Track And Multi-Terrain Loaders, Steel-Tracked Compact Track And Multi-Terrain Loaders), By Applications (Construction, Landscape And Maintenance, Forestry & Agriculture, Infrastructure, Mining & Other (Residential, Commercial, Etc.)) And Competitive Landscape
According to 6Wresearch, India Compact Track and Multi-Terrain Loader Market is anticipated to register growth during 2020-2026F. The government of India has come up with “Industry 4.0 and Next-Generation Infrastructure policy 2020-2025” aimed to invest $ 1.4 trillion for the development of infrastructure and industrial sector in the country, to achieve the GDP of $ 5 trillion by 2024-2025. Moreover, the Indian government has also come up with an initiative to encourage public-private partnerships (PPP’s) and foreign investors to participate in several infrastructure projects such as doubling of 18,000 km of railway tracks, monorail project, 2,000 km of coastal roads project, Delhi-Mumbai industrial corridor project, Pradhan Mantri Awas Yojana (Urban) and 55 new airports project, thus creating demand for compact track and multi-terrain loader equipment in the upcoming years.
Key Highlights:
- India Compact Track and Multi-Terrain Loader Market Overview
- India Compact Track and Multi-Terrain Loader Market Outlook
- India Compact Track and Multi-Terrain Loader Market Forecast
- Historical Data of India Compact Track and Multi-Terrain Loader Market Revenues and Volume for the Period 2016-2019
- India Compact Track and Multi-Terrain Loader Market Size & Compact Track and Multi-Terrain Loader Market Forecast of Revenues and Volume, Until 2026
- Historical Data of India Compact Track and Multi-Terrain Loader Market Revenues and Volume, By Lift Paths, for the Period 2016-2019
- Market Size & Forecast of India Compact Track and Multi-Terrain Loader Market Revenues and Volume, By Lift Paths, Until 2026
- Historical Data of India Compact Track and Multi-Terrain Loader Market Revenues and Volume, By Engine Capacity, for the Period 2016-2019
- Market Size & Forecast of India Compact Track and Multi-Terrain Loader Market Revenues and Volume, By Engine Capacity, Until 2026
- Historical Data of India Compact Track and Multi-Terrain Loader Market Revenues and Volume, By Operating Capacity, for the Period 2016-2019
- Market Size & Forecast of India Compact Track and Multi-Terrain Loader Market Revenues and Volume, By Operating Capacity, Until 2026
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