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 (Room AC (Window and Split), Ducted AC (Ceiling Concealed and Rooftop Packaged), Ductless AC (Cassette, Floor Standing and Ceiling Suspended), Centralized AC (VRF, AHU/FCU, Chiller, Condensing Unit and Others including Evaporator Coils and Compressors)), By Applications (Residential, Commercial Offices & Retail, Oil & Gas, Healthcare, Transport, Hospitality and Others including Education and BFSI), By Countries (Saudi Arabia, United Arab Emirates, Qatar, Kuwait, Oman and Bahrain) and Competitive Landscape. According to 6Wresearch, GCC Air conditioner market size is projected to grow at a CAGR of 4.7% during 2019-25. Government initiatives, such as Qatar National Vision 2030, Saudi Vision 2030 and Dubai Vision 2021 are expected to drive GCC Air Conditioner market forecast revenue . By type, centralized air conditioner segment accounted for major GCC air conditioner market share in terms of revenues in 2018 owing to high number of installations of ...