Kuwait Motor Grader Market (2020-2026) | Trends, Forecast, Value, Size, Industry, Share, Growth, COVID-19 IMPACT, Revenue, Analysis, Outlook & Companies

Kuwait Motor Grader Market is anticipated to register high growth over the coming years owing to the increasing number of construction projects, industrialization and infrastructure development in the country. Additionally, government initiatives for the development of special economic zones (SEZs) in the country to promote the industrial sectors such as oil & gas, automotive, iron & steel, and agriculture, thus the construction of SEZs has fuelled the demand for motor grader in Kuwait market. However, the COVID-19 outbreak has declined the GDP growth of Kuwait by 0.5 to 1.2 percent and fall in oil price and lowering down of oil production in the country, would create a bad impact on the Kuwaiti economy and thus account for the downfall of the motor grader market in 1st half 2020. 

According to 6Wresearch, Kuwait Motor Grader Market is anticipated to register growth during 2020-2026F. Kuwait government has come up with the “New Kuwait 2035 Deployment Plan” initiative aiming for the development of infrastructure in the country by investing $544.8 million, by 2026. The state body of Kuwait has started 13 new nationwide projects such as the construction of 93km long expressway and seven ring road projects, thus account for an increase in demand for motor grader equipment. Kuwait Oil Company (KOC) onshore oil exploration program aims to increase oil output at an average of 1.8 million barrels per day by 2022 and Kuwait Integrated Petroleum Industry company (KIPIC) constructing one of the largest refineries of the world in Al-Zour, producing 6.15 million barrels per day, thus accounting for the increase in demand for motor grader in the Kuwaiti market.     

By capacity, short motor grader within a range of 80-150 horsepower is usually used where there is small space for leveling, ditching and cutting material such as construction sites, landscaping jobs, and road maintenance. The project to connect Kuwait City with Al Subiya with a sea bridge and Doha bridge project would create demand for short motor grader in the Kuwait market.

The Kuwait motor grader market report thoroughly covers the market by types, capacity, and applications. Kuwait motor grader market outlook report provides an unbiased and detailed analysis of the on-going Kuwait motor grader market trends, opportunities/high growth areas and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.

Key Highlights:

• Kuwait Motor Grader Market Overview
• Kuwait Motor Grader Market Outlook
• Kuwait Motor Grader Market Forecast
• Historical Data of Kuwait Motor Grader Market Revenues and Volume for the Period 2016-2019
• Kuwait Motor Grader Market Size & Motor Grader Market Forecast of Revenues and Volume, Until 2026
• Historical Data of Kuwait Motor Grader Market Revenues and Volume, By Types, for the Period 2016-2019
• Market Size & Forecast of Kuwait Motor Grader Market Revenues and Volume, By Types, Until 2026
• Historical Data of Kuwait Motor Grader Market Revenues and Volume, By Capacity, for the Period 2016-2019
• Market Size & Forecast of Kuwait Motor Grader Market Revenues and Volume, By Capacity, Until 2026
• Historical Data of Kuwait Motor Grader Market Revenues and Volume, By Applications, for the Period 2016-2019
• Market Size & Forecast of Kuwait Motor Grader Market Revenues and Volume, By Applications, Until 2026
• Market Drivers and Restraints
• Kuwait Motor Grader Market Trends and Industry Life Cycle
• Porter’s Five Force Analysis and Market Opportunity Assessment
• Kuwait Motor Grader Market Share, By Players
• Kuwait Motor Grader Market Overview on Competitive Benchmarking
• Company Profiles

Markets Covered

The Kuwait Motor Grader Market report provides a detailed analysis of the following market segments:

• By Types
  • Rigid Frame
  • Articulated Frame
    
    
• By Capacity
  • Small Motor Graders (80-150 HP)
  • Medium Motor Grader (150-300 HP)
  • Large Motor Grader (Above 300 HP)
    
    
• By Applications
  • Construction
  • Mining
  • Forestry & Agriculture
  • Other (Infrastructure, oil and gas, etc.)

Other Key Reports Available:

• Saudi Arabia Motor Grader Market Report
• Oman Motor Grader Market Report
• UAE Motor Grader Market Report
• Qatar Motor Grader Market Report
• Bahrain Motor Grader Market Report
• Turkey Motor Grader Market Report

Frequently Asked Questions About the Market Study (FAQs):