Saudi Arabia Construction Equipment Market (2020-2026) | Trends, Industry, Analysis, Companies, Value, Size, COVID-19 IMPACT, Growth, Share, Forecast, Outlook & Revenue
Market Forecast By Type (Mobile Crane, Construction Tractor and Bulldozer and Earthmoving Equipment (Loaders, Excavators and Motor Grader (Aerial Work Equipment (Articulated Boom Lifts, Telescopic Boom Lifts, and Scissor Lifts), Material Handling Equipment (Telescopic Handlers and Forklifts), Dump Trucks (Road Construction Equipment (Pavers and Road Rollers)), By Applications (Construction, Oil & Gas, Mining and Others including Municipality and Road Construction), By Regions (Eastern, Western, Central and Southern) and Competitive Landscape
| Product Code: ETC001667 | Publication Date: Sep 2021 | Product Type: Report | |
| Publisher: 6Wresearch | No. of Pages: 90 | No. of Figures: 57 | No. of Tables: 11 |
Latest 2021 Developments:
Saudi Arabia Construction Equipment Market has witnessed the government's major efforts in constructing new residential buildings. The government intends to construct 500,000 dwelling units under the ESKAN initiative of the Ministry of Housing. In addition, the government has set aside funds for the development of 1,500,000 housing units over the next five years. Komatsu stated on the 12th of January 2020 that it will close its production plant in Bluefield, Virginia, and move work to three other locations in the company's U.S. network.
Merger and Acquisition:
- On 02 Aug, 2021 Rio Tinto and Komatsu formed a partnership to accelerate the development and deployment of zero-emission mining haulage technologies, such as haul trucks.
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Previous Release:
Saudi Arabia construction equipment market has declined on account of low crude oil prices over the past few years. A fall in the prices of crude oil has led to several large-scale construction projects being halted or canceled as a result of reduced government expenditure, thereby affecting the demand for construction equipment negatively. However, growth in the construction sector on account of increased infrastructure spending owing to Saudi Vision 2030 and National Transformation Program 2020 would drive the construction equipment market in the region over the coming years
According to 6Wresearch, Saudi Arabia Construction Equipment Market revenues are projected to grow at a CAGR of 3.0% during 2020-26. Government plans to reduce the country’s dependence on oil-sector revenues and focus on developing and strengthening the non-oil economy has led to widespread commercial and infrastructure development in the country, which includes the expansion of metros and airports, along with the construction of new hotels and shopping malls, which would boost the demand for construction equipment during the forecast period.
The construction application segment is expected to demonstrate significant growth over the coming years owing to a large number of upcoming infrastructure projects in the region. Additionally, mobile cranes and earthmoving equipment would dominate the market revenue share due to their extensive use at construction sites for excavation and lifting heavyweights.
The report comprehensively covers the Saudi Arabia construction equipment market by types, applications, and regions. The report provides an unbiased and detailed analysis of the on-going trends, opportunities/high growth areas, and market drivers which would help the stakeholders to device and align their market strategies according to the current and future market dynamics.
Key Highlights of the Report
- Saudi Arabia Construction Equipment Market Overview
- Saudi Arabia Construction Equipment Market Outlook
- Saudi Arabia Construction Equipment Market Forecast
- Historical Data of Saudi Arabia Construction Equipment Market Revenues and Volume for the Period 2016-2019
- Saudi Arabia Construction Equipment Market Size and Saudi Arabia Construction Equipment Market Forecast of Revenues and Volume, Until 2026
- Historical Data of Saudi Arabia Construction Equipment Market Revenues and Volume, by Equipment Type, for the Period 2016-2019
- Saudi Arabia Construction Equipment Market Size and Saudi Arabia Construction Equipment Market Forecast of Revenues and Volume, by Equipment Type, Until 2026F
- Historical Data of Saudi Arabia Construction Equipment Market Revenues and Volume, by Applications, for the Period 2016-2019
- Saudi Arabia Construction Equipment Market Size and Saudi Arabia Construction Equipment Market Forecast of Revenues and Volume, Applications, Until 2026F
- Historical Data of Saudi Arabia Construction Equipment Market Revenues and Volume, by Regions, for the Period 2016-2019
- Saudi Arabia Construction Equipment Market Size and Saudi Arabia Construction Equipment Market Forecast of Revenues and Volume, by Regions, Until 2026F
- Saudi Arabia Construction Equipment Market Drivers
- Saudi Arabia Construction Equipment Market Restraints
- Saudi Arabia Construction Equipment Market Trends and Industry Life Cycle
- Porter’s Five Force Analysis
- Market Opportunity Assessment
- Saudi Arabia Construction Equipment Market Share, By Players
- Saudi Arabia Construction Equipment Market Overview on Competitive Benchmarking
- Company Profiles
- Key Strategic Recommendations
Markets Covered
The Saudi Arabia construction equipment market report provides a detailed analysis of the following market segments:
- By Type
- Mobile Crane
- Construction Tractor and Bulldozer
- Earthmoving Equipment
- Loaders
- Excavators
- Motor Grader
- Aerial Work Equipment
- Articulated Boom Lifts
- Telescopic Boom Lifts
- Scissor Lifts
- Material Handling Equipment
- Telescopic Handlers
- Forklifts
- Dump Trucks
- Road Construction Equipment
- Pavers
- Road Rollers
- By Applications
- Construction
- Oil & Gas
- Mining
- Others (Municipality, Road Construction)
- By Regions
- Eastern
- Western
- Central
- Southern
Frequently Asked Questions About the Market Study (FAQs):
6W monitors the market across 60+ countries Globally, publishing an annual market outlook report that analyses trends, key drivers, Size, Volume, Revenue, opportunities, and market segments. This report offers comprehensive insights, helping businesses understand market dynamics and make informed decisions.
Yes, we provide customisation as per your requirements. To learn more, feel free to contact us on sales@6wresearch.com
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1. Executive Summary |
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2. Introduction |
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2.1 Report Description |
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2.2 Key Highlights of the Report |
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2.3 Market Scope & Segmentation |
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2.4 Research Methodology |
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2.5 Assumptions |
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3. Middle East Construction Equipment Market Overview |
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3.1 Middle East Construction Equipment Market Revenues & Volume, 2016-2026F |
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4. Saudi Arabia Construction Equipment Market Overview |
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4.1 Saudi Arabia Construction Equipment Market Revenues & Volume, 2016-2026F |
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4.2 Saudi Arabia Construction Equipment Market - Industry Life Cycle, 2019 |
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4.3 Saudi Arabia Construction Equipment Market - Porter’s Five Forces |
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4.4 Saudi Arabia Construction Equipment Market Revenue & Volume Share, By Types, 2019 & 2026F |
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4.5 Saudi Arabia Construction Equipment Market Revenue Share, By Applications, 2019 & 2026F |
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4.6 Saudi Arabia Construction Equipment Market Revenue Share, By Regions, 2019 & 2026F |
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5. Saudi Arabia Construction Equipment Market Dynamics |
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5.1 Impact Analysis |
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5.2 Market Drivers |
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5.3 Market Restraints |
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6. Saudi Arabia Construction Equipment Market Trends |
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7. Saudi Arabia Construction Equipment Market Overview, By Types |
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7.1 Saudi Arabia Mobile Cranes Market Revenues & Volume, 2016-2026F |
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7.2 Saudi Arabia Construction Tractors & Bulldozers Market Revenues & Volume, 2016-2026F |
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7.3 Saudi Arabia Earth Moving Equipment Market Revenues & Volume, 2016-2026F |
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7.3.1 Saudi Arabia Earth Moving Equipment Market Revenue & Volume Share, By Types, 2019 & 2026F |
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7.3.2 Saudi Arabia Loaders Market Revenues & Volume, 2016-2026F |
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7.3.2.1 Saudi Arabia Loaders Market Revenue & Volume Share, By Types, 2019 & 2026F |
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7.3.2.2 Saudi Arabia Loaders Market Revenues & Volume, By Types, 2016-2026F |
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7.3.3 Saudi Arabia Excavators Market Revenues & Volume, 2016-2026F |
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7.3.3.1 Saudi Arabia Excavator Market Revenue & Volume Share, By Types, 2019 & 2026F |
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7.3.3.2 Saudi Arabia Excavators Market Revenues & Volume, By Types, 2016-2026F |
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7.3.4 Saudi Arabia Motor Grader Market Revenues & Volume, 2016-2026F |
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7.4 Saudi Arabia Material Handling Equipment Market Revenues & Volume, 2016-2026F |
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7.4.1 Saudi Arabia Material Handling Equipment Market Revenue & Volume Share, By Types, 2019 & 2026F |
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7.4.2 Saudi Arabia Material Handling Equipment Market Revenues & Volume, By Types, 2016-2026F |
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7.5 Saudi Arabia Dump Trucks Market Revenues & Volume, 2016-2026F |
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7.6 Saudi Arabia Aerial Work Platform Market Revenues & Volume, 2016-2026F |
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7.6.1 Saudi Arabia Aerial Work Platform Market Revenue & Volume Share, By Types, 2019 & 2026F |
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7.6.2 Saudi Arabia Aerial Work Platform Market Revenues & Volume, By Types, 2016-2026F |
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7.7 Saudi Arabia Road Construction Equipment Market Revenues & Volume, 2016-2026F |
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7.7.1 Saudi Arabia Road Construction Equipment Market Revenue & Volume Share, By Types, 2019 & 2026F |
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7.7.2 Saudi Arabia Road Construction Equipment Market Revenues & Volume, By Types, 2016-2026F |
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8. Saudi Arabia Construction Equipment Market Overview, By Applications |
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8.1 Saudi Arabia Construction Equipment Market Revenues, By Construction Application, 2016-2026F |
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8.2 Saudi Arabia Construction Equipment Market Revenues, By Oil & Gas Application, 2016-2026F |
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8.3 Saudi Arabia Construction Equipment Market Revenues, By Mining Application, 2016-2026F |
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8.4 Saudi Arabia Construction Equipment Market Revenues, By Other Applications, 2016-2026F |
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9. Saudi Arabia Construction Equipment Market Overview, By Regions |
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9.1 Eastern Region Construction Equipment Market Revenues, 2016-2026F |
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9.2 Western Region Construction Equipment Market Revenues, 2016-2026F |
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9.3 Central Region Construction Equipment Market Revenues, 2016-2026F |
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9.4 Southern Region Construction Equipment Market Revenues, 2016-2026F |
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10. Saudi Arabia Construction Equipment Market – Key Performance Indicators |
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11. Saudi Arabia Construction Equipment Market Opportunity Assessment |
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11.1 Saudi Arabia Construction Equipment Market Opportunity Assessment, By Applications, 2026F |
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12. Saudi Arabia Construction Equipment Market Competitive Landscape |
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12.1 Saudi Arabia Construction Equipment Market Revenue Share, By Company, 2019 |
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12.2 Saudi Arabia Construction Equipment Market Competitive Benchmarking, By Equipment Type |
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13. Company Profiles |
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13.1 Caterpillar Inc. |
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13.2 Komatsu Middle East FZE [KME] |
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13.3 Hitachi Construction Machinery Middle East Corporation FZE |
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13.4 Hyundai Construction Equipment Co., Ltd |
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13.5 Volvo Construction Equipment |
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13.6 J C Bamford Excavators Limited |
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13.7 Doosan Infracore Co., Ltd. |
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13.8 Xuzhou Construction Machinery Group Co., Ltd. |
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13.9 Tadano Ltd. |
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13.10 Dynapac MEA FZE |
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14. Strategic Recommendations |
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15. Disclaimer |
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List of Figures |
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Figure1. Middle East Construction Equipment Market Revenues & Volume, 2016-2026F ($ Billion, Thousand Units) |
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Figure2. Saudi Arabia Construction Equipment Market Revenues & Volume, 2016-2026F ($ Million, Units) |
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Figure3. Saudi Arabia Construction Equipment Market - Industry Life Cycle, 2019 |
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Figure4. Saudi Arabia Construction Equipment Market Revenue Share, By Types, 2019 & 2026F |
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Figure5. Saudi Arabia Construction Equipment Market Volume Share, By Types, 2019 & 2026F |
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Figure6. Saudi Arabia Construction Equipment Market Revenue Share, By Applications, 2019 & 2026F |
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Figure7. Saudi Arabia Construction Equipment Market Revenue Share, By Regions, 2019 & 2026F |
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Figure8. Saudi Vision 2030 Goals for Non-Oil Sector |
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Figure9. Saudi Arabia Non-Oil Revenues, 2016-2020 (SAR Billion) |
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Figure10. Saudi Arabia Mobile Cranes Market Revenues & Volume, 2016-2026F ($ Million, Units) |
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Figure11. Saudi Arabia Construction Tractors & Bulldozers Market Revenues & Volume, 2016-2026F ($ Million, Units) |
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Figure12. Saudi Arabia Earth Moving Equipment Market Revenues & Volume, 2016-2026F ($ Million, Units) |
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Figure13. Saudi Arabia Earth Moving Equipment Market Revenue Share, By Types, 2019 & 2026F |
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Figure14. Saudi Arabia Earth Moving Equipment Market Volume Share, By Types, 2019 & 2026F |
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Figure15. Saudi Arabia Loaders Market Revenues & Volume, 2016-2026F ($ Million, Units) |
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Figure16. Saudi Arabia Loaders Market Revenue Share, By Types, 2019 & 2026F |
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Figure17. Saudi Arabia Loaders Market Volume Share, By Types, 2019 & 2026F |
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Figure18. Saudi Arabia Excavators Market Revenues & Volume, 2016-2026F ($ Million, Units) |
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Figure19. Saudi Arabia Excavator Market Revenue Share, By Types, 2019 & 2026F |
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Figure20. Saudi Arabia Excavator Market Volume Share, By Types, 2019 & 2026F |
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Figure21. Saudi Arabia Motor Grader Market Revenues & Volume, 2016-2026F ($ Million, Units) |
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Figure22. Saudi Arabia Material Handling Equipment Market Revenues & Volume, 2016-2026F ($ Million, Units) |
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Figure23. Saudi Arabia Material Handling Equipment Market Revenue Share, By Types, 2019 & 2026F |
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Figure24. Saudi Arabia Material Handling Equipment Market Volume Share, By Types, 2019 & 2026F |
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Figure25. Saudi Arabia Dump Trucks Market Revenues & Volume, 2016-2026F ($ Million, Units) |
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Figure26. Saudi Arabia Aerial Work Platform Market Revenues & Volume, 2016-2026F ($ Million, Units) |
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Figure27. Saudi Arabia Aerial Work Platform Market Revenue Share, By Types, 2019 & 2026F |
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Figure28. Saudi Arabia Aerial Work Platform Market Volume Share, By Types, 2019 & 2026F |
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Figure29. Saudi Arabia Road Construction Equipment Market Revenues & Volume, 2016-2026F ($ Million, Units) |
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Figure30. Saudi Arabia Road Construction Equipment Market Revenue Share, By Types, 2019 & 2026F |
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Figure31. Saudi Arabia Road Construction Equipment Market Volume Share, By Types, 2019 & 2026F |
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Figure32. Saudi Arabia Construction Equipment Market Revenues, By Construction Application, 2016-2026F ($ Million) |
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Figure33. Saudi Arabia Construction Equipment Market Revenues, By Oil & Gas Application, 2016-2026F ($ Million) |
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Figure34. Saudi Arabia Construction Equipment Market Revenues, By Mining Application, 2016-2026F ($ Million) |
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Figure35. Saudi Arabia Construction Equipment Market Revenues, By Other Applications, 2016-2026F ($ Million) |
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Figure36. Eastern Region Construction Equipment Market Revenues, 2016-2026F ($ Million) |
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Figure37. Central Region Construction Equipment Market Revenues, 2016-2026F ($ Million) |
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Figure38. Western Region Construction Equipment Market Revenues, 2016-2026F ($ Million) |
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Figure39. Southern Region Construction Equipment Market Revenues, 2016-2026F ($ Million) |
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Figure40: Riyadh Residential Supply, 2015-2021F (Thousand Units) |
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Figure41: Jeddah Residential Supply, 2015-2021F (Thousand Units) |
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Figure42: Dammam Residential Supply, 2015-2021F (Thousand Units) |
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Figure43: Makkah Residential Supply, 2015-2021F (Thousand Units) |
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Figure44: Riyadh Office Supply, 2015-2021F (‘000 sq. m GLA ) |
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Figure45: Jeddah Office Supply, 2015-2021F (‘000 sq. m GLA ) |
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Figure46: Dammam Office Supply, 2015-2021F (‘000 sq. m GLA ) |
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Figure47: Makkah Office Supply, 2015-2021F (‘000 sq. m GLA ) |
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Figure48: Riyadh Retail Supply, 2015-2021F (‘000 sq. m GLA ) |
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Figure49: Jeddah Retail Supply, 2015-2021F (‘000 sq. m GLA ) |
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Figure50: Dammam Retail Supply, 2015-2021F (‘000 sq. m GLA ) |
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Figure51: Makkah Retail Supply, 2015-2021F (‘000 sq. m GLA ) |
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Figure52: Riyadh Hotel Supply, 2015-2021F (‘00 Keys ) |
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Figure53: Jeddah Hotel Supply, 2015-2021F (‘00 Keys ) |
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Figure54: Dammam Hotel Supply, 2015-2021F (‘00 Keys ) |
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Figure55: Makkah Hotel Supply, 2015-2021F (‘00 Keys ) |
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Figure56. Saudi Arabia Construction Equipment Market Opportunity Assessment, By Applications, 2026F |
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Figure57. Saudi Arabia Construction Equipment Market Revenue Share, By Company, 2019 |
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List of Tables |
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Table1. Saudi Arabia Loaders Market Revenues, By Types, 2016-2026F ($ Million) |
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Table2. Saudi Arabia Loaders Market Volume, By Types, 2016-2026F (Units) |
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Table3. Saudi Arabia Excavators Market Revenues, By Types, 2016-2026F ($ Million) |
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Table4. Saudi Arabia Excavators Market Volume, By Types, 2016-2026F (Units) |
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Table5. Saudi Arabia Material Handling Equipment Market Revenues, By Types, 2016-2026F ($ Million) |
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Table6. Saudi Arabia Material Handling Equipment Market Volume, By Types, 2016-2026F (Units) |
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Table7. Saudi Arabia Aerial Work Platform Market Revenues, By Types, 2016-2026F ($ Million) |
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Table8. Saudi Arabia Aerial Work Platform Market Volume, By Types, 2016-2026F (Units) |
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Table9. Saudi Arabia Road Construction Equipment Market Revenues, By Types, 2016-2026F ($ Million) |
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Table10. Saudi Arabia Road Construction Equipment Market Volume, By Types, 2016-2026F (Units) |
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Table11: Saudi Arabia Upcoming Projects |
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Table12: Upcoming Building Projects In Saudi Arabia |
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