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 (Wheel Trencher, Chain Trencher & Others), By Applications (Oil & Gas, Agriculture, Telecommunications & Power Cables, Municipal And Others) And Competitive Landscape As per 6Wresearch, Saudi Arabia Trenchers Market size is anticipated to witness growth during 2020-2026. The outburst of global pandemic coronavirus would adversely impact the economic growth of the country as the government imposed shutdown of all operations in the agriculture, construction and mining sectors thereby, restraining the trencher market growth during 2020. However, the construction sector is expected to flourish due to widespread commercial and infrastructure development in the country including the expansion of metros and airports, along with the construction of new hotels and shopping malls would boost the demand for trencher in the construction sector, during the forecast period. Key Highlights of the Report: Saudi Arabia Trencher Market Overview Saudi Arab...