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 (Smoke Detectors, Heat Detectors, Gas Detectors, Flame Detectors, Beam Detectors) And Competitive Landscape According to 6Wresearch, Saudi Arabia Fire Detection and Alarm System Market revenues are projected to witness a negative CAGR of 4.2% during 2020-26F. The fire detection and alarm system 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. Smoke Detectors dominated the market of fire detection & alarm systems in Saudi Arabia in recent years due to their widespread usage in commercial and residential domain. Further, government regulations and demand for smart home technology would also boost the growth of the market revenues of smoke detectors during the forecast period. Key Highlights Historical data of Saudi Arabia Fire Detection and Alarm System market revenues for the period 2016-2019 Saudi Arabi...