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 Product Types (Rigid Frame, Articulating Frame), By End-User Applications (Mining, Construction & Others) And Competitive Landscape According to 6Wresearch, Nigeria Off-Highway Truck Market size is anticipated to register substantial growth during the forecast period 2020-2026. Nigeria’s economy is likely to witness slowdown during 2020 due to the spread of global pandemic coronavirus and would restrain the off-highway truck market growth. However, the Nigerian economy is expected to recover in the year 2021 which would promote the growth of the off-highway truck market. This growth would be mainly attributed to the increasing exploration activities in the mining sector involving the exploration of tin, gold, coal, iron ore, lead, and barite along with increasing government investment in the mining sector promoting the growth of off-highway trucks market in the country. Key Highlights of the Report: Nigeria Off-highway Truck Market Overview Nigeria O...