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, the Global Autonomous Vehicle Simulation Solution Market size is anticipated to register growth during 2020-26. The outbreak of the global pandemic COVID-19 has no doubt, been proven evident in disrupting the growth of the global Autonomous Vehicle Simulation Solution market. The increased adoption of artificial and virtual reality is giving bountiful opportunities to the global autonomous vehicle simulation solution software to find increased adoption. However, the market is facing issues about growth in the short term underpinned by the lockdown imposed by the developed and developing economies across the globe to win the bid to combat the spread of the novel coronavirus. Although an evident short term growth risk is expected to be witnessed by the market in the coming time zone as a result of panning out income effect of many of the potential industrialists which as a result is expected to lower down the sales number of the software, the rising need for con...