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 Power And Distribution Transformer Market revenues are projected to decline at a CAGR of 0.3% during 2019-25. The transformer market declined in terms of revenue as well as volume in past few years due to economic slump in the Kingdom. However, upcoming projects such as $500 billion NEOM City, $100 billion King Abdullah Economic City, $27 billion Jazan Economic City, $22.5 billion Riyadh Metro project and $1.4 billion GCC Power Grid Interconnection project would surge the demand for transformers across the country. Check Our Press Release:- Saudi Arabia Power And Distribution Transformer Market "Saudi Arabia Power and Distribution Transformer Market (2019-25)" provides an in-depth analysis with 47 figures and 8 tables covered in over 100 pages. The report estimates and forecast the overall Saudi Arabia transformer market by revenues, service & repair, volume, types, power ratings, cooling system, types of services offered, applicati...