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 Propulsion (Diesel, Electric, Others), By Application (Air, Marine, Land), By Equipment Type (Aviation Dollies, Stacker, Pallet Jack, Loaders, Conveyor System, Automated Guided Vehicle, Forklift Trucks, Cranes, Rubber-Tired Gantry Cranes, Straddle Carriers, Reach Stackers, Terminal Tractors), By Countries (India, China, Japan, Indonesia, Malaysia, Australia, Thailand, Rest Of APAC) And Competitive Landscape
According to 6wresearch, Asia Pacific (APAC) Cargo Handling Equipment Market size is expected to grow during 2020-2026. In countries, India and China are expected to hold a major revenue share in the cargo handling equipment market of the Asia Pacific owing to growing manufacturing facilities coupled with increasing import and export in the countries. During the first quarter of 2020, the market in the Asia Pacific is expected to witness negative growth in the economy due to the coronavirus pandemic which has spread a worse impact on the worldwide business. However, the market in the Asia Pacific is anticipated to recover with healthy growth in the economy during the second half of 2020-2026.
Key Highlights
- Asia Pacific Cargo Handling Equipment Market Overview
- Asia Pacific Cargo Handling Equipment Market Outlook
- Asia Pacific Cargo Handling Equipment Market Forecast
- Historical Data of Asia Pacific Cargo Handling Equipment Market Revenues and Volumes, for the Period 2016-2019.
- Market Size & Forecast of Asia Pacific Cargo Handling Equipment Market Revenues and Volumes, until 2026.
- Market Size & Forecast of Asia Pacific Cargo Handling Equipment Market Revenues and Volumes, until 2026.
- Historical Data of Asia Pacific Cargo Handling Equipment Market Revenues and Volumes, by equipment type, for the Period 2016-2019.
- Market Size & Forecast of Asia Pacific Cargo Handling Equipment Market Revenues and Volumes, by equipment type, until 2026.
- Historical Data of Asia Pacific Cargo Handling Equipment Market Revenues and Volumes, by Propulsion, for the Period 2016-2019.
- Market Size & Forecast of Asia Pacific Cargo Handling Equipment Market Revenues and Volumes, by Propulsion, until 2026
- Historical Data of India Cargo Handling Equipment Market Revenues and Volumes for the Period 2016-2019.
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