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, India Helmet Market size is expected to grow during 2020-2026. The market is expected to be driven by the rising innovations and technological advancements in the industry in the coming years. The COVID-19 pandemic caused a sudden lockdown in many parts of the world for preventing the spread of the virus which resulted in the rapid closing down of factories, shops, etc. The rapid decline of demand and supply and travel bans led to the downfall of the market of non-essential products globally. The pandemic has made a significant negative impact on the economy owing to less work happening, less demand, shortage of employees in the factory, also travelling ban led to a shortage of raw materials, thus stopping the production. However, with the lockdown being relaxed and vaccination drives happening in many countries, the workflow has started increasing thus, helping the market players to make a comeback. The government’s regulations and support regarding the grow...