GCC Construction Equipment Market (2016-2022)
GCC Construction Equipment Market (2016-2022): By Equipment Types (Motor Grader, Earthmoving (Loader, Motor Grader, Crawler Dozer and Excavator) and Dump Trucks), Applications (Construction, Mining & Quarrying and Utilities) and Countries (Saudi Arabia, UAE, Qatar, Kuwait, Oman and Bahrain)
Government spending to expand the existing infrastructures combined with new projects and budding utility projects in countries such as Qatar, Saudi Arabia and UAE have resulted in the demand for construction equipment in the GCC region. Additionally, investments in utility sector has driven the demand for new construction equipment in the recent years.
According to 6Wresearch, the GCC construction equipment market is anticipated to grow at a CAGR of 1.6% from 2016 to 2022. During 2015-17, the market for construction equipment is expected remain affected due to lower government spending due to declining oil revenues. However, post 2017, market would register improvement due to expected recovery of oil prices and initiatives taken by the various governments to diversify the economies.
Amongst all construction equipment segments, earthmoving equipment segment held majority revenue share followed by mobile crane and dump truck. Earthmoving equipment are largely deployed across construction as well as mining sectors.
In overall GCC construction equipment market, Saudi Arabia held highest revenue share, however, the market growth is exhibited to remain sluggish. On the contrary, countries such as UAE and Qatar are expected to register growth on account of upcoming World Expo in Dubai 2020 and FIFA World Cup in Qatar in 2022.
To view Full Report: GCC Construction Equipment Market 2016-2022
The report thoroughly covers the market by construction equipment types, by applications and by regions. The report provides unbiased and detailed analysis of the on-going trends, opportunities/ high growth areas, market drivers, which would help stakeholders to device and align market strategies according to current and future market dynamics.
Key Highlights of the Report
• Historical data & Forecast of GCC Construction Equipment Market Revenue & Volume for the Period 2010-2022.
• Historical data & Forecast of Saudi Arabia Construction Equipment Market Revenues & Volume, By Types,
Applications & Regions for the period 2010-2022.
• Historical data & Forecast of UAE Construction Equipment Market Revenues & Volume, By Types,
Applications & Regions for the period 2010-2022.
• Historical data & Forecast of Qatar Construction Equipment Market Revenues & Volume, By Types,
Applications & Regions for the period 2010-2022.
• Historical data & Forecast of Kuwait Construction Equipment Market Revenues & Volume, By Types,
Applications & Regions for the period 2010-2022.
• Historical data & Forecast of Oman Construction Equipment Market Revenues & Volume, By Types,
Applications & Regions for the period 2010-2022.
• Historical data & Forecast of Bahrain Construction Equipment Market Revenues & Volume, By Types,
Applications & Regions for the period 2010-2022.
• Market Drivers and Restraints.
• Players Market Share and Competitive Landscape.
More Related Reports @ Electronics Market Research Reports
Markets Covered:
The report includes following segments:
• By Construction Equipment Types:
o Cranes
o Earthmoving Equipment:
• Loader
•Motor Grader
•Crawler Dozer
•Excavator
o Dump Trucks
• By Applications:
o Construction
o Mining & Quarrying
o Utilities
• By Countries:
o Saudi Arabia
o UAE
o Qatar
o Kuwait
o Oman
o Bahrain
Table of Contents
1 Executive Summary
2 Introduction
2.1 Key Highlights of the Report
2.2 Report Description
2.3 Market Scope & Segmentation
2.4 Research Methodology & Assumptions
3 GCC Construction Equipment Market Overview
3.1 GCC Construction Equipment Market Revenues (2010-2022F)
3.2 GCC Construction Equipment Market Volume (2010-2022F)
3.3 GCC Construction Equipment Market Industry Life Cycle
3.4 Opportunity Matrix
3.5 Porter’s Five Forces Model
4 GCC Mobile Crane Market Overview
4.1 GCC Mobile Crane Market Revenues & Volume (2010-2022F)
4.2 GCC Mobile Crane Market Share, By Country
5 GCC Earthmoving Equipment Market Overview
5.1 GCC Earthmoving Equipment Market Revenues & Volume (2010-2022F)
5.2 GCC Earthmoving Equipment Market Share, By Country
6 GCC Loader Market Overview
6.1 GCC Loader Market Revenues & Volume (2010-2022F)
Continue……
Get Report Sample @ GCC Construction Equipment Market 2016-2022