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 equ...
Market Forecast By Types (Telescopic Boom Lifts, Articulating Boom Lifts, Trailer Mounted Boom Lifts, Bucket Trucks, Towable Boom Lifts), By Power Source (Engine Powered Boom Lifts, Hybrid Boom Lifts, Electric Boom Lifts), By End User (Construction Industry, Oil & Gas Industry, Mining Industry, Aerospace, Shipping And Port Building & Others), By Countries (India, China, Myanmar, South Korea, Philippines, Cambodia, Malaysia, Japan, Australia, Indonesia & Rest Of The Asia Pacific) And Competitive Landscape According to 6wresearch, Asia Pacific (APAC) Boom Lift Market is expected to grow during 2020-2026. The boom lift market would witness decline during the year 2020 on account of the global pandemic caused due to coronavirus, however, the market is expected to recover post-2020. In the Asia Pacific region, China is the leading Boom Lift Market due to the presence of the giant manufacturers of Boom Lift. The demand for Boom Lifts in the utility sector is increasing in the As...