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Efforts Towards Low Emission and Fuel Efficient Construction Equipment Set to Accelerate the Market Growth
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The aim of this study is to research, identify, and understand the economic outlook that will influence a wide range of activities, processes, and perceptions associated with the construction equipment Industry in GCC countries (unit shipment forecast). The study analyses the key drivers and restraints, market trends, and provides key conclusions. It covers a strategic overview of the construction equipment Industry in GCC countries, with a detailed look at market size forecasts from 2015 to 2020. The study also provides an overview of the key drivers and restraints in the market and the Mega Trends impacting construction equipment industry in GCC countries. This research analysis also identifies and provides key trends in the market and performs a scenario analysis of how the different trends and factors can affect the total construction equipment industry in GCC countries. The study gives a detailed understanding of the types and uses of heavy machinery in the construction equipment industry in GCC countries and conducts a macro to micro analysis to understand the unmet needs or inherent business opportunities in the construction equipment industry in GCC countries. This report identifies and analyses the technology trends along with the drivers and restrains of the industry. It also provides the trends in construction equipment industry in GCC countries. Secondary Research:Extraction of information from existing reports and project materials within the Frost & Sullivan database, to include data and information gathered form technical papers, specialised magazines, seminars, and Internet research. Primary Research:More than 20 interviews have been conducted over the phone by senior consultants/ industry analysts with original equipment suppliers, regulation authorities, and distributors. Primary research has accounted for 80% of the total research.
The market trends are analysed for the study period of 2015 to 2020, with the base year being 2016.
Geographic Scope: GCC nations, Saudi Arabia, United Arab Emirates, Qatar, Oman, Kuwait, and Bahrain.
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