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, GCC commercial display market is projected to grow at a CAGR of 2.8% during 2019-25. The GCC region would be hosting two major events - Qatar FIFA World Cup in 2022 and Dubai Expo in 2020, which led to the speeding up of construction activities in these countries, thus creating huge opportunities for marketers to showcase their products and services to the international audience. This would lead to a substantial rise in the demand for commercial display solutions in the region. Additionally, setting up of several new trade centers, stadiums, convention centers, offices and recreational facilities for these events would further raise the demand for commercial displays during the forecast period. However, the commercial display market in these countries is expected to register subdued growth once the aforementioned events are over. Check Our Press Release:- GCC Commercial Display Market "GCC Commercial Display Market (2019-2025)" report provides an in-...