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...
According to 6Wresearch, Saudi Arabia Air Duct Market size is projected to grow at a CAGR of 9.4% during 2021–27. Efforts to reduce the dependence of the country on the oil sector is expected to bolster the country’s spending on infrastructure development during the forecast period. The ambitious Saudi Vision 2030 plans to improve the economy through a series of measures including infrastructural development, thereby driving the air duct market, especially in residential and commercial sectors, which extensively use centralized cooling. Moreover, high energy efficiency requirements, increasing concerns about the cost of electricity and sustainability in the country would further drive the demand for sustainable building designs which in turn, would augment the demand for air ducts since they minimize leakages and reduce energy losses. Key Highlights: Saudi Arabia Air Duct Market Overview Saudi Arabia Air Duct Market Outlook Saudi Arabia Air Duct Market Forecast Historical Data ...