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 (Mobile Crane, Fixed Crane, Marine And Offshore Crane), By Applications (Industrial Applications, Marine And Offshore, Mining And Excavation, Construction) And Competitive Landscape. According to 6Wresearch, Saudi Arabia Crane Market size is likely to witness growth during 2020-2026. This growth is primarily attributed to government initiatives towards transforming the economy from the oil sector to the non-oil sector by implementing development plans such as Saudi Vision 2030. Additionally, rising number of infrastructure and industrial development projects provided by public and private facilities to expand and modernize the road network, railways, trade and tourism centers and airports such as Neom project, Railway project, and Red Sea project, etc will further spur the demand for cranes in Saudi Arabia during the forecast period. Key Highlights of the Report: Saudi Arabia Crane Market Overview Saudi Arabia Crane Market Outlook Saudi Arabia Cr...