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 Types (Portable Compactors, Stationary Compactors), By Products (Landfill Compactors, Trash Compactors, Vibratory Plate Compactors, Wheeled Compactors), By Applications (Construction, Industrial, Forestry & Agriculture, Municipal & Other (Residential, Commercial, Etc.)) And Competitive Landscape According to 6Wresearch, Nigeria Compactor Market is anticipated to register growth during 2020-2026F. The government of Nigeria has come up with “Agenda 2030” initiatives to increase foreign investment (FDI) in the Nigerian oil sector and aims to be the largest oil and gas producer in Africa. Moreover, the Nigerian government has come up with sustainable development goals, with infrastructure projects such as the OB3 gas pipeline extension project, 47 road projects, 13 housing estates and Lagos international airport projects in the country. Further, new exploration projects in order to capitalize on untapped onshore oil reserves in the country would create abun...