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...
Market Forecast By Segments (Physical Security Systems (Video Surveillance System, Access Control System, Alarming System And Fire And Safety System), Home Energy Management Systems (Lighting Control System And HVAC System), Blinds Management System And Other Home Automation Systems), Regions (Abu Dhabi And Al-Ain Emirate, Dubai Emirate And Sharjah And Other Northern Emirates) According to 6Wresearch, the UAE smart homes market is expected to grow at a CAGR of 14.8% during 2016-22. Growing construction of villas in UAE has fuelled the growth of smart homes market in the country. Abu Dhabi, Al-Ain Emirate and Dubai Emirate have accounted for the largest revenue share in the overall market. During the forecast period, Dubai Emirate region is forecast to grow at relatively higher CAGR on the back of government initiatives to build smart city in the region. Key Highlights of the Report Historical data of Global Smart Homes Market for the Period 2010-2015 Market Size & Forecast of...