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...
Middle East & Africa OTR Tire Market | Global OTR Tire Market | North America 3D Printing In Automobile Market | Middle East & Africa 3D Printing In Automobile Market
Middle East & Africa OTR Tire Market Middle East and Africa (MEA) OTR tire market size is projected to witness considerable growth during 2019-25. Government initiatives coupled with rising public and private partnership have resulted in growth in investment in the construction and mining activities. Further, Saudi Arabia Vision 2030, Saudi Arabia NTP, UAE Vision 2021 and others would fuel off road vehicles market over the coming years. This would create the market for both OEM and aftermarket OTR tires during 2019-25. Global OTR Tire Market Global OTR tire market size is projected to witness substantial growth due to increasing demand from construction verticals. Emerging markets such as India, China and Brazil are investing heavily in construction vehicles. India and China dominate the tractor market worldwide. Further, North America is also expected to demonstrate substantial rise in demand for OTR tires over the next few years. Additionally,...