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, Sweden Electric Bus Market size is anticipated to grow during the forecast period 2019-25. Sweden is expected to expand significantly in the electric bus market, due to rising governmental initiatives such as tax relief and purchase rebate of almost 20% on green vehicles and priority in public procurements of electric bus. Moreover, the Swedish Transport administration has announced the investment of $12.5 million in the project for developing special roads which would charge vehicles’ batteries as they drive over them. Also, government has approved investment of USD 11 million annually during 2018-2020, to support hardware and installation cost of electric vehicles charging stations across the country, which would result in further surge in market demand for electric buses. Key Highlights of the Report: Historical Data of Sweden Electric Buses Market Revenues for the Period 2015-2018 Sweden Electric Bus Market Size and Forecast of Revenues, Until 2025...