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 Products (Machine Vision, Robotics, Sensors, Motion & Drives, Relays & Switches, PLC, SCADA, DCS & Others (PLM, PAM, Etc.)), By Verticals (Automotive, Oil & Gas, Power Utility & Water Treatment, Food Processing, Pharmaceutical, Chemical & Others (Textile, Plastic, Etc.)), By Regions (Central, Southern, Eastern, Western) And Competitive Landscape According to 6Wresearch, Saudi Arabia Industrial Automation Market size is projected to grow at a CAGR of 4.1% during 2020-26. By-products, robotics is anticipated to dominate the market growth in the coming years as they play a vital role in the manufacturing industries due to their utility in controlling and managing processes along with their advanced networking capabilities. However, other segments bagged the highest share in revenues of Saudi Arabia's industrial automation market share. Key Highlights of the Report: Saudi Arabia Industrial automation market Overview Saudi Arabia Industrial ...