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...
Europe power & distribution transformer market is projected to witness significant growth during the forecast period. Europe has a remarkable per capita electricity consumption, which is anticipated to be growing further in the years to come thus, making it one of the prominent markets for power & distribution transformers, globally. Refurbishment of aging electrical infrastructure, development of new distribution network coupled with rising investment in the renewable energy sector are the key factors that would contribute heavily towards the market growth of power & distribution transformer in Europe in the years to come. Key Highlights of the Report Europe Power & Distribution Transformer Market Overview Europe Power & Distribution Transformer Market Industry Life Cycle Europe Power & Distribution Transformer Market Opportunity Assessment Europe Power & Distribution Transformer Market Share, By Players Europe Power & Distribution Transformer Market S...