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, the Turkey Electric Vehicle & Charging Infrastructure Market size is projected to grow with a CAGR of 52.9% during 2020-26. As per the National Energy Efficiency Action Plan (2017-2023), electric vehicle charging facilities need to be installed at the parking lots, fuel stations and other suitable locations with the affirmative consent of the affiliated electricity distribution company. As per the guidelines given in the draft, at least one of fifty parking spaces must have charging stations at paid parking lots on the street sides and shopping malls. Thus, with the growing adoption of electric vehicles and an increasing number of charging stations, the electric vehicle and charging infrastructure market revenues are anticipated to witness robust growth during the forecast period. Key Highlights of the Report: Turkey Electric Vehicle & Charging Infrastructure Market Overview Turkey Electric Vehicle & Charging Infrastructure Market Revenue Share, By...