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 industrial automation market size is projected to grow at a CAGR of 5.2% during 2019-25. Though, the oil and gas sector would continue to play an important role in the overall growth of many Middle Eastern countries, efforts being made to diversify the economy by development of projects, particularly in the power utility and water treatment domains would bode well for the growth of industrial automation market in the region during the forecast period. Check Our Press Release:- Middle East Industrial Automation Market "Middle East Industrial Automation Market (2019-2025)" provides an in-depth analysis with 75 figures and 13 tables covered in 158 pages. The report estimates and forecast the overall Middle East industrial automation market by product, technology, vertical and countries. The report provides an unbiased and detailed analysis of the on-going trends, opportunities/high growth areas and market drivers which would help the stakeho...