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, the UAE Diesel Genset Market size is projected to grow at a CAGR of 3.3% during 2021-2027. Rapid industrialization has resulted in the increasing demand for a continuous and reliable source of electricity, which is expected to drive the diesel genset market in the coming years. Further, Dubai’s Industrial Strategy 2030, Plan Abu Dhabi 2030, Fujairah Plan 2040, UAE Water Security Strategy 2036 are a few of the government initiatives which aims at developing and strengthening public sectors such as water supply, housing, transportation, infrastructure, and tourism, creating a huge demand for power backup equipment for the developmental activities, leading to a surge in demand for diesel gensets in the UAE. Key Highlights of the Report: UAE Diesel Genset Market Overview. UAE Diesel Genset Market Outlook. UAE Diesel Genset Market Forecast. Historical data and forecast of UAE Diesel Genset Market Revenues and Volume, for the Period, 2017-2027F. Historical da...