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 Power And Distribution Transformer Market revenues are projected to witness a negative CAGR of 0.3% during 2019-25. Saudi Arabian government is taking major steps to strengthen the non-oil sectors due to recent decline in crude oil prices, which has adversely affected the market during the last 3 years. With expected recovery of crude oil prices and growth in public infrastructure development in the next few years, the market would rebound during the forecast period. Key Highlights of the Report Historical Data of Global Power and Distribution Transformer Market Revenues for the Period 2015-2018 Global Power and Distribution Transformer Market Size and Market Forecast of Revenues, Until 2025 Historical Data of Saudi Arabia Power and Distribution Transformer Market Revenues for the Period 2015-2018 Saudi Arabia Power and Distribution Transformer Market Size and Market Forecast of Revenues, Until 2025 Historical Data of Saudi Arabia Power and ...