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 (Rods (Copper Bonded, Solid Copper & Others), Accessories) And Competitive Landscape. According to 6Wresearch, Saudi Arabia Earthing Market is forecast to grow at a CAGR of 3.7% during 2020-26F. The earthing rod segment would dominate the earthing market in 2019 and is anticipated to dominate the market during the forecast period. The earthing market in the region registered a decline during the first half of 2020 on account of the global economic slowdown caused by COVID-19, however, the aforementioned market is expected to recover post-2020. Key Highlights Historical data of Saudi Arabia earthing market revenues for the period 2016-2019 Saudi Arabia earthing market size and market forecast of revenues, until 2026F Historical data of Saudi Arabia earthing market revenues, by types, for the period 2016-2019 Saudi Arabia earthing market size and market forecast of revenues, by types, until 2026F Historical data of Saudi Arabia rod earthing mark...