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 Applications (Transmission & Distribution Utility, Manufacturing Industry, Commercial & Residential Sector And Others (Marine, Transportation, Offshore, Etc.)), By Voltage Type (Low Voltage, Medium Voltage), By Mounting (Flush Mounting, Surface Mounting) And Competitive Landscape According to 6Wresearch, Egypt Panel Board Market size is anticipated to register growth during 2020-2026. The floating of the Egyptian pound in 2017 led to an increase in transactional activities. However, it negatively impacted the construction sector of the country for a while. After several reforms and laws promulgated by the Egyptian government to stimulate investment in the country, the construction industry showed signs of resurgence and expected to grow significantly in the years to come as there are major projects such as New Administrative Capital and other cities in the development pipeline currently. All such projects would require electrical equipment for electricity ...