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...
India AFC Systems Market Market Forecast By Applications (Metro Railway, Bus/BRTS Transport, Railway Transport, Parking Solution And Others), By AFC Technology (Near-Field Communication, Magnetic Strips & Tokens, QR Code/Barcode And Smart Cards), By Types (Hardware, Software And Services), By Regions (Northern, Eastern, Western And Southern) And Competitive Landscape (2019-2025). According to 6Wresearch , India AFC Systems Market size is projected to grow at a CAGR of 33.1% during 2019-25. In terms of market applications, metro railway transport dominated the overall market revenues due to the ability of these systems to deliver better management, revenue generation, and fraud prevention. Additionally, with increasing adoption of public transportation primarily, metro railways and rapid bus transport systems in Tier-I and II cities by daily commuters, the deployment of AFC system is anticipated to increase in the existing facilities as well over the coming years. Key ...