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 variable frequency drives market is projected to grow at a CAGR of 6.1% during 2019-25. In India's variable frequency drives market, AC drive market captured the highest revenue share in 2018. Further, the segment is projected to exhibit growth during the forecast period owing to increasing use in HVAC applications. The AC drives are witnessing increase in usage in air handlers, pumps, chillers, tower fans, etc., attributable to certain key advantages such as energy savings, low motor starting current, simpler installation process and others. Check Our Press Release:- India Variable Frequency Drives Market "India Variable Frequency Drives Market (2019-2025)" provides in-depth analysis with 48 figures and 3 tables covered in 113 pages. The report estimates and forecast the overall India Variable Frequency Drives market by types, voltage, OEM, end user, and regions. The report also offers insights on competitive landscape, companies benchma...