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 Types (Openwell Submersible Pumps and Borewell Submersible Pumps), By Applications (Agriculture, Residential & Commercial and Industrial), By Industry (Construction, Oil & Gas, Water & Sewage, Chemical, Power Utilities, Mining and Others), By Regions (Northern, Western, Eastern and Sothern) and Competitive Landscape. According to 6Wresearch, India submersible pumps market size is projected to grow at a CAGR of 9.2% during 2017-23. Openwell pumps segment registered majority of the revenue share in 2016, owing to major adoption in agriculture application. In the overall submersible pumps market, agriculture application acquired majority of India submersible pumps market share followed by residential & commercial and industrial applications. The agriculture sector in India is projected to witness substantial growth over the coming years, attributed to increasing facilities and investments in agricultural infrastructure such as irrigation facilities, ...