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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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Global ATV And UTV Market (2020-2026)

 


According to 6Wresearch Global ATV & UTV Market size is expected to register substantial growth over the forecast period 2020-26. Currently, North America accounts for the highest revenue share in the overall ATV & UTV market on account of the increasing application of UTV & ATV in mining, forests, and agriculture sectors. Though Tourism is a major driver of the market, the use of ATV & UTV is banned in wildlife areas to protect the terrains and wildlife habitat from getting damaged. These vehicles cause soil erosion, compaction, and pollution. Moreover, the sound produced drives away animals in the area. Another concern for the industry is the safety of drivers. There has been an increase in the number of deaths and injury cases. Less expertise or no experience in ATV riding and difficult terrain conditions are the main reasons for such incidents. Based on Vehicle types, ATV has a higher market share than UTV. However, the share of UTV in the industry is expected to rise in the coming years owing to applications of these vehicles across many sectors.

Key Highlights of the Report

  • Global UTV and ATV Market Outlook
  • Global UTV and ATV Market Overview
  • Global UTV and ATV Market Forecast
  • Market Drivers and Restraints
  • Global UTV and ATV Market Trends
  • Industry Life Cycle
  • Porter’s Five Force Analysis

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Asia Pacific (APAC) Compact Track And Multi-Terrain Loader Market (2020-2026)

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