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 (Low Voltage Power Converter, High Voltage Power Converter), By Applications (Electronics, Power Utility, Transportation Infrastructure, Industrial, Telecommunication Infrastructure & Others), By Countries (South Africa, Egypt, Nigeria & Rest Of Africa Region) And Competitive Landscape According to 6Wresearch, Africa Power Converter Market size is anticipated to register growth during 2020-26. The Africa market is expected to register a decline in demand during 2020, due to the global pandemic COVID-19, which has led to a complete lockdown during the first half of 2020, resulting in the economic slowdown leading to a halt in various infrastructure development projects. However, the market is expected to regain momentum by the first half of 2021. South Africa is the leading revenue-generating country in the Africa Power Converter market owing to the owing digitization in the country; power converters form a major component in the digitization technolog...