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 Voltage (Low, Medium, High), By Types (AC, DC), By Applications (Pump, Fan, Conveyor, Compressors & Others), By End-Users (Industrial Processing, Commercial HVAC, Automotive, Consumer Appliances, Power Generation & Others (Defense, Agriculture, Waste Water Management)) And Competitive Landscape According to 6Wresearch, Kuwait Electric Motor Market size is anticipated to register substantial growth during the forecast period 2020-2026. The Kuwait economic growth is expected to witness a downfall during the initial months of 2020 due to the outbreak of coronavirus pandemic adversely impacting the electric motor market growth. Though, the Kenya economy is expected to revive during 2021 as the government aims at developing and modernizing the overall infrastructure of the country in align with Kuwait’s New Vision 2035. Additionally, the upcoming construction projects such as Kuwait Towers, House of Mirrors, Kuwait National Museum, Liberation Tower, and several o...