Market Forecast By Types (Cranes (Mobile Cranes, Crawler Cranes, Tower Cranes), Earthmoving Equipment (Loaders, Excavators, Motor Grader)), Aerial Work Equipment (Articulated Boom Lifts, Telescopic Boom Lifts, Scissor Lifts), Material Handling Equipment (Telescopic Handlers, Forklifts), Road Construction Equipment (Pavers, Road Rollers), Dump Trucks, Construction Tractor And Bulldozer), By Applications (Construction, Oil & Gas, Mining), By Key Countries (Qatar, UAE, Saudi Arabia, Kuwait, Oman, Turkey & Rest Of Middle East (Iraq, Lebanon, Bahrain, Jordan) And Competitive Landscape

According to 6Wresearch, Middle East Construction Equipment Market size is expected to demonstrate growth during 2020-26. Recent initiatives taken by governments of several countries to revive the region’s economy from a worldwide crisis would support the growth of the construction equipment market in the Middle East region. For instance, in March 2020, the UAE Central Bank has allocated AED100bn ($27bn) incentive package for SMEs and local banks to revive and develop the construction sector of the region. Additionally, the central bank also declared to offer 50bn dirhams through collateralized loans at zero cost to all banks operating in the UAE, as well as an additional 50bn dirhams will be freed up from lenders’ capital buffers. These initiatives would support the operations of banks and businesses in the region and in turn, would spur the growth of the construction sector over the coming years.

Download Sample Pages@ https://www.6wresearch.com/industry-report/middle-east-construction-equipment-market-2020-2026

Key Highlights

Middle East Construction Equipment Market Overview
Middle East Construction Equipment Market Outlook
Middle East Construction Equipment Market Forecast
Market Drivers and Restraints
Middle East Construction Equipment Market Trends and Industry Life Cycle
Porter’s Five Force Analysis
Market Opportunity Assessment
Middle East Construction Equipment Market Share, By Countries
Middle East Construction Equipment Market Share, By Companies

About Us
6Wresearch is the premier, one stop market intelligence and advisory center, known for its best in class business research and consulting activity. We provide industry research reports and consulting service across different industries and geographies which provide industry players an in-depth coverage and help them in decision making before investing or enter into a particular geography.

Contact Us: Phone: +911143024305 | Email: [email protected]