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, Middle East Construction Materials Market size is anticipated to register growth during 2021-2027. The United Arab Emirates is the dominating country in the Construction Materials market in the Middle East. The residential sector has experienced substantial growth in the construction materials market in the region. Furthermore, the commercial sector is expected to lead the construction materials market in the Middle East. In UAE, the construction activity in Dubai is estimated to remain robust with developments related to Expo 2020 being one of the main factors driving the sector growth. Moreover, the events such as Dubai Expo 2020 and Qatar FIFA world cup 2022 has increased construction activities in the UAE and Qatar. Key Highlights of the Report: Middle East Construction Materials Market Outlook Market Size of Middle East Construction Materials Market, 2020 Forecast of Middle East Construction Materials Market, 2027 Middle East Construction Materials ...