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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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Bangladesh Power & Distribution Transformer Market (2021-2027)



According to 6Wreaserch, Bangladesh Power & Distribution Transformer Market size is projected to grow at a CAGR of 4.2% during 2021-27F. The government has implemented programmes to improve the power supply in the country, with one of the plans being Energy Efficiency and Conservation Master Plan 2030 that is focussed towards increasing the electricity generation capacity of the country over the coming years. The power sector of the country has embarked the top most priority coupled with the renewable energy playing a vital role in meeting the demand for electricity especially in the off-grid areas of the country. The government has set a target to generate about 15% of the total electricity from renewable energy resources over the coming period, thereby strengthening the power sector and creating numerous opportunities for the transformer market in the country. Further, upcoming construction projects such as Rooppur Nuclear Power Plant, Padma Bridge among many others require the installation of power and distribution transformers to achieve higher efficiency for meeting the increased electricity consumption thereby driving the aforesaid market over the forthcoming period.

Key Highlights:

  • Bangladesh Power & Distribution Transformer Market Overview
  • Bangladesh Power & Distribution Transformer Market Outlook
  • Bangladesh Power & Distribution Transformer Market Forecast
  • Market Drivers and Restraints
  • Porter’s Five Force Analysis
  • Market Opportunity Assessment

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