6wresearch logo

Earthmoving equipment market grows

May 08, 2015

Saudi Arabia is fast becoming a major market for earthmoving equipment manufacturers, thanks to the ongoing construction and infrastructure development activities in the country, said a report.

The earthmoving equipment market in Saudi Arabia is poised to grow at a compound annual growth rate (CAGR) of 9.2 per cent over the next six years, according to a study by 6wresearch.

The growing civil construction market, mining industry and coupled with the rise in spending on construction of public infrastructure have boosted Saudi Arabia's earthmoving equipment market.

Loaders have prominently fuelled the growth of the overall market followed by construction tractors and excavators. In the forecast period, the construction tractors is anticipated to marginally decline owing to the demand for excavators

Media Source: GULF CONSTRUCTION ONLINE

      Browse More Report

India Solid State Drive (SSD) Market (2017-2023)

Market Forecast by Technology (SLC,MLC and TLC), Interface Type (SATA II, SATA III, PCIe/ NVMe, SAS 6GB/s and SAS 12GB/s), Application (Client and Enterprise) and Competitive Landscape

Read More

Saudi Arabia Fire Safety Systems and Equipment Market (2017-2023)

Market Forecast By Types (Clean Agent, CO2, Wet Chemical & Dry Chemical), Verticals (Residential, Commercial, Industrial, Hospitality, Retail and Oil & Gas), Regions (Eastern, Western, Central & Southern) and Competitive Landscape

Read More

Qatar Fire Safety Systems and Equipment Market (2017-2023)

Market Forecast by Types (Fire Suppression Systems & Equipment, Fire Detection System & Equipment & Other Fire Safety Systems & Equipment), Verticals (Residential, Commercial, Industrial, Hospitality, Retail and Oil & Gas)...

Read More

Europe Energy Storage Systems Market (2017–2023)

Market Forecast By Technology (Electro-Chemical Energy, Mechanical Energy, Thermal (Molten Salt) and Others), Applications (Residential, Power Utilities, Commercial & Industrial and Transportation) and Countries (Germany, France, Spain, United Kingdom, Italy and Rest of Europe)

Read More

India Video Surveillance as a Service Market (2017-2023)

Market Forecast By Service Types (Hosted, Managed & Hybrid), Verticals (Government & Transportation, Retail, Commercial, Hospitality & Healthcare, Residential and Industrial...

Read More

India Building Automation and Control Market (2017-23)

Market Forecast by Types (Relay, Sensors & Dimming & Others), Verticals (Government & Transportation, Retail, Commercial Offices, Residential, Healthcare & Hospitality and Others)

Read More

Saudi Arabia Electric Motor Market (2017–2023)

Market Forecast By Types (AC Motor & DC Motor), Voltage (Low, Medium & High), End Users (Petrochemical, Chemicals & Fertilizers, Oil and Gas, Water & Utilities, Cement, Metals & Mining and Others), Applications (Pump, Fan, Compressor, Conveyors, Extruders and Others...

Read More

India Video Surveillance Market (2017– 2023)

Market Forecast By Surveillance Type (Analog & IP Surveillance), Software (Video Management Software, Video Analytics and Others), By Components (Cameras (Analog and IP), DVR/NVR, Encoders/Decoders)...

Read More

United Kingdom Diesel Genset Market (2017–2023)

Market Forecast By KVA Rating (5-75 KVA Diesel Genset, 75.1-375 KVA Diesel Genset, 375.1-750 KVA Diesel Genset, 750.1-1000 KVA Diesel Genset and 1000 KVA Diesel Genset), By Applications (Retail & Logistic, Manufacturing & Processing...

Read More


Our Key Clients
6wreserach client list