Qatar Earthmoving Equipment Market to Grow 5% by 2021

Qatar's earthmoving equipment market will grow at 5% between 2016 and 2021 as the government continues to invest in infrastructure improvements and prepare for hosting the FIFA World Cup 2022.

Research and Markets

Research and Markets has announced the addition of the "Qatar Earthmoving Equipment Market By Type (Excavators, Loader, Motor Grader & Bulldozer), Competition Forecast & Opportunities, 2011-2021" report to its offering.

The Qatar earthmoving equipment market is expected to grow at a CAGR of over 5% during 2016-2021.

Qatar is one of the smallest countries in the Gulf Cooperation Council (GCC) region in terms of population and geographical area. However, Qatar is considered one of the most attractive destinations for infrastructure investments in the region on account of quicker return on investment, a liberal tax system and favorable government initiatives.

In Qatar, earthmoving equipment are being majorly used in mining, construction and industrial sectors. Thus, any minor changes or fluctuations in these sectors influences the growth of Qatar earthmoving equipment market. According to the Qatar National Vision 2030, the country's urban infrastructural development is one of the major focus areas of the government. With an increase in the number of infrastructure projects in the country, demand for earthmoving equipment is expected to increase in the coming years.

Moreover, with FIFA World Cup 2022 to be hosted in Qatar, the government is continuously working on improving the country's infrastructure. To accommodate the visitors, new hotels are being built across the country, which is boosting demand for earthmoving equipment in the country.

Companies Mentioned:

Key Topics Covered:

  • Product Overview
  • Research Methodology
  • Analyst View
  • Qatar Earth Moving Equipment Market Outlook
  • Qatar Excavator Market Outlook
  • Qatar Loader Market Outlook
  • Qatar Motor Grader Market Outlook
  • Qatar Bulldozer Market Outlook
  • Market Dynamics
  • Market Trends & Developments
  • Policy & Regulatory Landscape
  • Qatar Economic Profile
  • Competitive Landscape
  • Strategic Recommendations