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Middle East Earthmoving Equipment Market (2021-2027)

  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
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Saudi Arabia Electric Motor Market (2020-2026)


Market Forecast By Types (AC Electric Motor And DC Electric Motor), By Power Output (Fractional Horsepower And Integral Horsepower), By Voltage (Low Voltage, Medium Voltage And High Voltage), By Application (Pumps, Fans, Compressors, Conveyors And Others (Centrifuges, Extruders And Winches)), By End-User (Industrial Machinery, HVAC Equipment, Automobile, Consumer Appliances, Aerospace & Transportation, Power Generation And Others Commercial Application (Agriculture And Mining)) And Competitive Landscape

According to 6wresearch, Saudi Arabia Electric Motor Market size is expected to grow during 2020-2026. In terms of end-user, the power generation and industrial machinery segments are dominating the electric motor market revenue share in Saudi Arabia on account of surging power utility in the automotive industry, growing demand for the energy-efficient systems in the manufacturing and construction industry. Based on power output, the fractional horsepower segment is expected to lead the electric motor market revenue share in Saudi Arabia owing to surging deployment of motors from industries coupled with increasing investment during the forecast period. Furthermore, in Saudi Arabia, the market is expected to register a decline in the economic growth over the first quarter of 2020, on account of the coronavirus pandemic which has a worse impact on the worldwide business. However, the market in Saudi Arabia is expected to recover with healthy growth in the economy during the second half of 2020-2026.

Key Highlights

  • Saudi Arabia Electric Motor Market Overview
  • Saudi Arabia Electric Motor Market Outlook
  • Saudi Arabia Electric Motor Market Forecast
  • Historical Data of Saudi Arabia Electric Motor Market Revenues and Volumes, for the Period 2016-2019.
  • Market Size & Forecast of Saudi Arabia Electric Motor Market Revenues and Volumes, until 2026.
  • Historical Data of Saudi Arabia Electric Motor Market Revenues and Volumes, by type, for the Period 2016-2019.
  • Market Size & Forecast of Saudi Arabia Electric Motor Market Revenues and Volumes, by type, until 2026.
  • Historical Data of Saudi Arabia Electric Motor Market Revenues and Volumes, by power output, for the Period 2016-2019.
  • Market Size & Forecast of Saudi Arabia Electric Motor Market Revenues and Volumes, by power output, until 2026.
  • Historical Data of Saudi Arabia Electric Motor Market Revenues and Volumes, by voltage, for the Period 2016-2019.

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