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 (Wheeled Cold Planers, Tracked Cold Planers), By Applications (Road Construction, Public Engineering & Others), By Countries (India, China, Japan, Australia, Indonesia, Malaysia, Myanmar, Cambodia, South Korea, Philippines & Rest Of APAC) And Competitive Landscape According to 6Wresearch, Asia Pacific (APAC) Cold Planer Market size is anticipated to witness a growth during 2020-2026. The recent outbreak of coronavirus is expected to have a significant impact on the business and operations of the countries under the Asia Pacific region and is likely to hamper the cold planer market growth during 2020. Though, the economic condition of the Asia Pacific countries is expected to gain momentum during 2021 due to the rising investments coupled with the upcoming government initiatives for the overall infrastructure development. For instance, India's Ministry of Housing and Urban Poverty Alleviation identified the shortage of housing units by 95% as a resu...