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Showing posts with the label MiddleEastPowerConverterMarket

Middle East Earthmoving Equipment Market (2021-2027)

  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...

Africa Articulated Hauler Market (2020-2026)

Market Forecast By Product Types (Less Than 30T, 30T-40T, More Than 40T), By End-User Applications (Mining, Construction, Waste Management & Others), By Countries (Kenya, Nigeria, South Africa, Uganda, Algeria, Ethiopia, Rwanda) And Competitive Landscape According to 6Wresearch, Africa Articulated Hauler Market size is projected to grow substantially during 2020-2026. The economic growth and development of the countries under the Africa region would experience a slowdown due to the adverse effects caused by the outburst of coronavirus which would restrain articulated hauler market growth. However, the market for articulated haulers is expected to gain momentum over the coming years due to increased dumping into urban areas causing a risk of diseases and increasing environmental pollution thereby requiring the use of articulated haulers for dumping waste, spreading cover soil evenly on the ground and moving rock or other material for haul roads. Additionally, the African Union aim...

Middle East Power Converter Market (2020-2026)

Market Forecast By Types (Low Voltage Power Converter, High Voltage Power Converter), By Applications (Electronics, Power Utility, Transportation Infrastructure, Industrial, Telecommunication Infrastructure & Others), By Countries (Turkey, Saudi Arabia, UAE, Qatar, Bahrain, Oman, Kuwait & Rest Of Middle East Region) And Competitive Landscape According to 6Wresearch, Middle East Power Converter Market size is anticipated to register growth during 2020-26. The Middle East market is expected to register a decline in demand during 2020, due to the global pandemic COVID-19, which has affected the economic growth in the region. However, the market is expected to regain momentum by the first half of 2021 owing to the projected increase in investment in the construction sector along with expanding manufacturing and industrial sectors in the region. The transportation infrastructure is expected to be the leading revenue-generating segment in the Middle East power converter market owing...