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 (Rigid Frame, Articulated Frame), By Capacity (Small Motor Grader (80-150 HP), Medium Motor Grader (150-300 HP), Large Motor Grader (Above 300 HP)), By Applications (Construction, Mining, Forestry & Agriculture, Other (Infrastructure, Oil And Gas, Etc.)), By Countries (Kenya, Nigeria, South Africa) And Competitive Landscape According to 6Wresearch, Africa Motor Grader Market is anticipated to register growth during 2020-2026F. The Africa governments have come up with initiatives such as Nigeria Vision 2030 and Kenya Vision 2030 aimed to increase infrastructure development activities in the region. Moreover, the rising population has created the need to construct new housing units and government initiatives to mobilize domestic institutional investors into infrastructure finance using the capital market solutions and public-private partnerships promotion. Further, a project such as the Dangote oil refinery project, 1400 km Lagos Calabar railway project,...