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Showing posts with the label electric vehicle market

Middle East Earthmoving Equipment Market (2021-2027)

  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...

UAE Electric Vehicle Market (2019-2025) | Growth & CGR

UAE Electric Vehicle Market Market Forecast By Vehicle Types (Passenger Vehicle, Two-Wheeler, Bus And Truck), By Regions (Dubai, Abu Dhabi And Rest Of Emirates) And Competitive Landscape. According to 6Wresearch, The UAE Electric Vehicle Market size is projected to grow at a CAGR of 32.1% during 2019-25. Under UAE Vision 2021, the government is encouraging the adoption of electric vehicles in the country. In addition to this, Dubai Electricity and Water Authority (DEWA) and Road Transport Authority (RTA) are working together for the development of electric vehicle market in the country by installing charging stations and providing incentives such as free parking and exemption from toll and registration fees. Key Highlights of the Report: Historical Data of UAE Electric Vehicle Market Revenues by Vehicle Type for the Period, 2015-2018 Market Size & Forecast of UAE Electric Vehicle Market Revenues by Vehicle Type, until 2025F Historical Data of UAE Electric Vehic...