DUBLIN – (COMMERCIAL THREAD)–The “United Arab Emirates Construction Equipment Market (2021-2027): Market Forecast by Types, Applications, Regions and Competitive Landscape” the report was added to ResearchAndMarkets.com offer.
The UAE Construction Equipment Market Size Is Expected To Grow At A CAGR Of 7.3% During The Period 2021-2027
The UAE construction equipment market has experienced substantial growth in recent years, mainly due to the growth of the construction industry, supported by the strengthening of the commercial, hotel and residential sectors, as well as the government initiatives in favor of development projects in the country.
However, the spread of the COVID-19 pandemic has resulted in a downturn in the global economy resulting in a temporary halt of many construction projects across the country, thus affecting the growth of the construction equipment market in the United Arab Emirates, which should gain momentum. in 2021.
The growing UAE focus on infrastructure and the development of automation in construction and manufacturing processes has had a major impact on the growth of the market. The demand for cost-effective machines with lower emissions dominates the construction equipment market, leading manufacturers to switch to electric and hydraulic machines.
In addition, increased private sector investment, especially in the process of renewable energy production in order to minimize the use of fossil fuels and reduce environmental degradation, associated with the modernization of the transport sector. Due to technical advancements, the demand for construction equipment is expected to increase and drive market growth in the foreseeable future.
Highlights of the report:
UAE Construction Equipment Market Overview
UAE Construction Equipment Market Outlook
UAE Construction Equipment Market Forecast
Historical data and forecast of revenue and volume of UAE construction equipment market for the period 2017-2027
Historical market data and revenue forecast, by types, for the period 2017-2027
Historical Market Data and Revenue Forecast, by Applications, for the Period 2017-2027F
Historical market data and revenue forecast, by regions, for the period 2017-2027F
Market drivers and constraints
UAE Construction Equipment Market Trends
Industry life cycle
Porter’s Five Forces Analysis
Market opportunity assessment
United Arab Emirates Construction Equipment Market Share, By Company
Main strategic recommendations
Volvo construction equipment
Doosan Infracore Co., Ltd.
Dynapac MEA FZE
Hitachi Construction Machinery Middle East Corporation FZE
JC Bamford Excavator Limited
Kobelco Construction Machinery Co Ltd
Komatsu Middle East FZE
Xuzhou Construction Machinery Group Co. Ltd.
Market scope and segmentation
Construction tractor and bulldozer
Compact track loader
Aerial work platform
Articulated boom lift
Telescopic boom lift
Road construction equipment
Material handling equipment
Others (municipality, road construction)
Other Emirates (Sharjah, Umm al-Qaiwain, Fujairah, Ajman and Ra’s al-khaimah)
For more information on this report, visit https://www.researchandmarkets.com/r/kcxtj8