Saudi Arabia Construction Equipment Market Outlook: Size, Value & Forecast to 2030

Saudi Arabia Construction Equipment Market Overview: 2024-2030

Base Year: 2023

Historical Years:  2019-22

Forecast Years: 2024-2030

The Saudi Arabia Construction Equipment Market reports delivers an in-depth assessment of market size, share, and emerging trends, offering valuable insights into growth opportunities. It examines market segmentation and definitions, highlighting core components and key drivers of expansion. By applying SWOT and PESTEL analyses, the study evaluates the sector’s strengths, weaknesses, opportunities, and threats, while also considering political, economic, social, technological, environmental, and legal factors. Expert reviews of competitor strategies and recent developments provide a clearer view of regional dynamics and future market trajectories, establishing a strong foundation for strategic planning and informed investment decisions.

What will be the market size of Saudi Arabia Construction Equipment market 2030?

The Saudi Arabia Construction Equipment Market is estimated to grow at a CAGR of around 4.5% during the forecast period, i.e., 2024-30.

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Who are the top companies operating in the Saudi Arabia Construction Equipment market?

The report features prominent companies operating in the Saudi Arabia Construction Equipment market and the successful strategies they have adopted. It also provides detailed insights into each company’s market share and their role in driving the industry’s growth. As per MarkNtel Advisors, top companies in Saudi Arabia Construction Equipment market: Caterpillar Incorporation, AB Volvo, Komatsu Middle East, CNH Industrial America LLC, Liebherr-International Deutschland GmbH, Hitachi Construction Machinery, Sumitomo Construction Machinery Co., Ltd., Xuzhou Construction Machinery Group Co., Ltd., Doosan Corporation, Kobelco Construction Machinery Middle East and Africa FZCO, and others

What is the key factor projected to fuel growth in the Saudi Arabia Construction Equipment Market between 2024 and 2030?

Expansion in Residential Construction Projects Propelling the Demand for Construction Equipment – Over the course, the Saudi Arabian government has made substantial investments in the construction of numerous residential projects, reflecting a strategic focus on addressing the growing needs of the expatriate population. Key reforms pertaining to migrant workers, allowing increased mobility & flexibility in employment changes, have led to a surge in expat population growth.

In response to this demographic expansion, the government has recognized the imperative to construct additional housing facilities across the country. Consequently, there has been a concerted effort to invest in and introduce new housing projects, aligning with the evolving needs of the burgeoning population. This sustained commitment to expanding residential infrastructure has, in turn, stimulated a heightened demand for construction equipment across Saudi Arabia.

Saudi Arabia Construction Equipment Market - Segmentation Analysis

By Type of Equipment

-Earthmoving Equipment - Market Size & Forecast 2019-2030, (Thousand Units)

-Excavator- Market Size & Forecast 2019-2030, (Thousand Units)

-Loaders - Market Size & Forecast 2019-2030, (Thousand Units)

-Backhoe Loaders- Market Size & Forecast 2019-2030, (Thousand Units)

-Compact Track Loaders- Market Size & Forecast 2019-2030, (Thousand Units)

-Skid Steer Loaders- Market Size & Forecast 2019-2030, (Thousand Units)

-Crawler Loader- Market Size & Forecast 2019-2030, (Thousand Units)

-Bulldozers - Market Size & Forecast 2019-2030, (Thousand Units)

-Motor Graders- Market Size & Forecast 2019-2030, (Thousand Units)

-Others (Dump Trucks, Trenchers, etc.)- Market Size & Forecast 2019-2030, (Thousand Units)

-Material Handling Equipment- Market Size & Forecast 2019-2030, (Thousand Units)

-Cranes- Market Size & Forecast 2019-2030, (Thousand Units)

-Forklift- Market Size & Forecast 2019-2030, (Thousand Units)

-Tipper- Market Size & Forecast 2019-2030, (Thousand Units)

-Others (Articulated Boom Lifts, Telescopic Boom Lifts, etc.)- Market Size & Forecast 2019-2030, (Thousand Units)

-Road Building Equipment- Market Size & Forecast 2019-2030, (Thousand Units)

-Compactors- Market Size & Forecast 2019-2030, (Thousand Units)

-Pavers- Market Size & Forecast 2019-2030, (Thousand Units)

-Road Roller- Market Size & Forecast 2019-2030, (Thousand Units)

By End Users

-Power & Utilities- Market Size & Forecast 2019-2030, (Thousand Units)

-Mining- Market Size & Forecast 2019-2030, (Thousand Units)

-Hospitality- Market Size & Forecast 2019-2030, (Thousand Units)

-Residential- Market Size & Forecast 2019-2030, (Thousand Units)

-Healthcare- Market Size & Forecast 2019-2030, (Thousand Units)

-Infrastructure- Market Size & Forecast 2019-2030, (Thousand Units)

-Others (Educational Institutions, Water Infrastructure Projects, etc.)- Market Size & Forecast 2019-2030, (Thousand Units)

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How does the Saudi Arabia Construction Equipment Market vary across different geography?

By Region

-East

-West

-South

-Central.

This Section cover detailed analysis of revenue, market share and growth rate, historical data (2020-23) and forecast (2024-2030) of the following segmentation and geography.

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Comprehensive Table of Contents – Saudi Arabia Construction Equipment Market Analysis and Forecast,

 2024-2030

1. Table 1: Introduction
2. Table 2: Executive Summary
3. Table 3: Market Regulations, Policies & Standards
4. Table 4: Saudi Arabia Construction Equipment Market Size, Share & Scope, 2020-2030F
5. Table 5: Market Trends & Developments
6. Table 6: Market Dynamics (Key Drivers, and Challenges)
7. Table 7: Market Hotspots & Opportunities
8. Table 8: Market Value Chain Analysis
9. Table 9: Market Outlook, 2020-2030F
10. Table 10: Market Size & Analysis by Revenues (USD Million): 
11. Table 11: Market Size & Forecast 2020–2030 by Segmentation
12. Table 12: Market Size & Forecast 2020–2030 by Geography
13. Table 13: Key Strategic Imperatives for Success & Growth
14. Table 14: Competitor Analysis of Saudi Arabia Construction Equipment Companies

Key Benefits for Industry Participants and Stakeholders

• Insight into emerging market trends and investment opportunities
• Understanding of regional market dynamics and competitive landscapes
• Data-driven forecasts to support strategic decision-making
• Access to industry benchmarks for performance evaluation
• Identification of potential risks and growth challenges

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