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, Saudi Arabia electric motor market is projected to grow at a marginal CAGR of 0.4% during 2019-2025. In Saudi Arabia, AC electric motors captured significant revenue share in 2018 in the overall Saudi Arabia electric motor market, owing to the extensive accessibility of AC charge and high durability features. The use of AC based electric motor is projected to further dominate the overall electric motor market of the country during the forecast period. Check Our Press Release:- Saudi Arabia Electric Motor Market "Saudi Arabia Electric Motor Market (2019-2025)" report provides an in-depth analysis with 48 figures and 7 tables covered in over 120 pages. The report estimates and forecast the overall Saudi Arabia electric motor market by type, voltage, end-users, applications, and regions. The report provides an unbiased and detailed analysis of the on-going trends, opportunities/high growth areas, and market drivers, which would help the stakeholders ...