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

Oman Motor Grader Market is expected to grow on the back of economic expansion and increasing demand for motor grader equipment from various sectors such as oil & gas, construction and forestry. Furthermore, the government’s economic development policy is focusing on the expansion of non-oil sectors such as infrastructure, agriculture, fishery, and mining, thus the development of the aforementioned sector would create ample demand for motor graders in the Oman market. However, the downfall of oil prices and decline in the construction sector on account of decreasing infrastructure spending due to COVID-19 outbreak in 1^st half of 2020 has impacted economy badly, the country’s GDP growth is expected to decline by 2%, thus hampering the demand of motor grader in the Oman market. 

According to 6Wresearch, the Oman Motor Grader Market is anticipated to register growth during 2020-2026F. Oman government has come up with the “Vision 2030” initiative, aiming to diversify the economy in the country, and also increase its investment in the manufacturing sector by $27 billion. The mining sector in Oman is poised for growth in line with economic diversification plans, as public Authority for Mining (PAM) would auction 110 new mining blocks by 2022, thus expansion of manufacturing and mining sector would create ample of demand for motor grader equipment which is used in the construction of manufacturing plants and mining activities.

By application, an increase in demand for the agricultural products has significantly upscaled the motor grader market, as it is widely used for ditching, cutting of bank canals, spreading of soil and mixing of materials. The Ministry of Agriculture and Fisheries (MoAF) is working with Oman Food Investing Holding Company (OFIC) to increase investment in food security and thus, the Central Bank of Oman indicates that the agriculture sector would get momentum in upcoming years, with the rate of 7.6 percent year-on-year (YoY). Such initiatives would create demand for motor grader equipment in the Oman market.   

The Oman motor grader market report thoroughly covers the market by types, capacity, and applications. Oman motor grader market outlook report provides an unbiased and detailed analysis of the on-going Oman 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:

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

Markets Covered

The Oman 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
• UAE Motor Grader Market Report
• Kuwait 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):