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 Fire Safety Systems And Equipment Market is expected to grow at a CAGR of 2.6% during 2019-25. The decline in oil prices has adversely affected the economy of Middle East countries such as Oman, Saudi Arabia and UAE. These countries are looking beyond oil sector, thus, planning infrastructure development and promoting & implementing development initiatives for the non-oil sectors such as in Saudi Arabia expansion for the religious tourism in Makkah and Madinah have been announced in addition to the development of large, unused lands across the country as part of the Saudi economic diversification plan. Hence, Middle East fire safety systems and equipment market would register stable growth during the forecast period. Check Our Press Release:- Middle East Fire Safety Systems And Equipment Market "Middle East Fire Safety Systems and Equipment Market (2019-2025)” report provides an in-depth analysis with 440 figures and 21 tables covered in ...