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, Saudi Arabia Air Compressor Market is projected to grow at a CAGR of 2.9% during 2020-26. Increasing infrastructural development activities, rapidly growing industrial sector of the country are some of the key factors which would drive the demand for air compressors in Saudi Arabia. Moreover, reviving economic conditions due to changing government policies and establishment of special economic zones would further spur the demand for air compressors over the coming years. Additionally, infrastructural development under the Saudi Vision 2030 and the National Transformation Program 2020, would further create new avenues for the application of air compressors in the country over the coming years. Check our press release : Saudi Arabia Air Compressor Market The report provides an in-depth analysis with 36 figures and 15 tables covered in more than 80 pages. The report estimates and forecast the overall Saudi Arabia air compressor market by air compressor t...