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 Product Types (Less Than 30T, 30T-40T, More Than 40T), By End-User Applications (Mining, Construction, Waste Management & Others), By Countries (India, Japan, China, Malaysia, Philippines, Myanmar, South Korea, Australia, Cambodia, Indonesia) And Competitive Landscape According to 6Wresearch, Asia Pacific (APAC) Articulated Hauler market size is anticipated to witness growth during 2020-2026. The business operations in the countries of the Asia Pacific region would be hampered due to the outbreak of coronavirus restraining the growth of the articulated hauler market. However, with the start of the year 2021, the market is expected to gain momentum due to increasing government investment in the infrastructure development projects involving the construction of both residential and non-residential projects. For instance, the Vietnam government plans to increase urbanization to 45.2% by 2020 along with increased spending on infrastructure projects and the Australian...