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...
India Servo Motors and Drives Market Market Forecast By Servo Motors And Drive Types (Servo Motors (AC Servo Motors, DC Brushless Motors, Brushed DC Motors And Linear Servo Motors), Servo Drives (AC Servo Drive And DC Servo Drive)), By Voltage Range (Low Voltage And Medium Voltage), By Communication Protocol (Fieldbus And Industrial Ethernet), By Brake Type (With Brake And Without Brake), By Applications (Machine Tools, Cut To Length Application, Computerized Numerical Controllers, Motion Control, Robotics, Automated Manufacturing, Packaging And Others) And Competitive Landscape. According to 6Wresearch, India servo motors and drives market size is projected to grow at a CAGR of 9.2% during 2017-23. In terms of market revenues, AC servo motors and drives segment captured major share of the market. Further, during the forecast period, linear servo motors segment is expected to register highest growth on account of rising implementation of straight line motion solutions across ...