Saudi Arabia Earthmoving Equipment Market (2024-2030) | Value, Industry, Analysis, Outlook, Companies, COVID-19 IMPACT, Trends, Revenue, Size, Share, Growth & Forecast

Market Forecast By Product (Excavators, Loaders, Dump Trucks, Others), By Application (Construction, Mining, Agriculture & Forestry, Others) And Competitive Landscape
Product Code: ETC052879 Publication Date: Jul 2023 Updated Date: Jan 2024 Product Type: Report
Publisher: 6Wresearch No. of Pages: 70 No. of Figures: 35 No. of Tables: 5

Saudi Arabia Earthmoving Equipment Market Synopsis

The Saudi Arabia earthmoving equipment market size was valued at USD 756.8 million in 2020 and is expected to reach a value of USD 1,071.5 million by 2026, registering a CAGR of 5.7% during the forecast period (2020-2026). Earthmoving equipment consists of machinery used for excavation, transportation, grading and other related activities in construction sites across the country. Increasing investments from both private sector as well as government towards infrastructural development are driving the demand for earthmoving equipment in Saudi Arabia over recent years.

Market Drivers

The Saudi Arabia government is focusing on improving its infrastructure which has led to an increase in investment toward infrastructure projects like roads & highways, airports etc., resulting into increased demand for earthmoving machines such as excavators, loaders etc., which help these projects get completed quickly and efficiently with minimum labour cost. Moreover, several big public sector companies have taken initiatives towards developing new transportation systems like mass rapid transit systems that will further drive the growth of this market over coming years ahead.

Challenges of the Market

In order to keep up with increasing productivity levels and maintain safety standards it is important that proper maintenance should be done regularly on these machines but due their high cost associated with periodic maintenance procedures often leads to low adoption rate among customers thus hindering potential growth opportunities in this industry market space.

Covid 19 Impact on the Market

The outbreak of Covid-19 had negative impacts on global economy especially affecting construction activities majorly due lack lockdowns imposed many countries followed social distancing regulations & travel restrictions causing disruption supply chains resulting into delay delivery materials leading fall overall utilization rates however business conditions slowly began recovering mid 2020 when many governments started reopening economies post lockdown.

key players of the Market

Some key players operating in Saudi Arabia Earth Moving Equipment market include Caterpillar Inc., Doosan Corporation Construction Equipment Co Ltd., Hitachi Construction Machinery Co Ltd., JCB P.

Key Highlights of the Report:

  • Saudi Arabia Earthmoving Equipment Market Outlook
  • Market Size of Saudi Arabia Earthmoving Equipment Market, 2023
  • Forecast of Saudi Arabia Earthmoving Equipment Market, 2030
  • Historical Data and Forecast of Saudi Arabia Earthmoving Equipment Revenues & Volume for the Period 2020-2030
  • Saudi Arabia Earthmoving Equipment Market Trend Evolution
  • Saudi Arabia Earthmoving Equipment Market Drivers and Challenges
  • Saudi Arabia Earthmoving Equipment Price Trends
  • Saudi Arabia Earthmoving Equipment Porter's Five Forces
  • Saudi Arabia Earthmoving Equipment Industry Life Cycle
  • Historical Data and Forecast of Saudi Arabia Earthmoving Equipment Market Revenues & Volume By Product for the Period 2020-2030
  • Historical Data and Forecast of Saudi Arabia Earthmoving Equipment Market Revenues & Volume By Excavators for the Period 2020-2030
  • Historical Data and Forecast of Saudi Arabia Earthmoving Equipment Market Revenues & Volume By Loaders for the Period 2020-2030
  • Historical Data and Forecast of Saudi Arabia Earthmoving Equipment Market Revenues & Volume By Dump Trucks for the Period 2020-2030
  • Historical Data and Forecast of Saudi Arabia Earthmoving Equipment Market Revenues & Volume By Others for the Period 2020-2030
  • Historical Data and Forecast of Saudi Arabia Earthmoving Equipment Market Revenues & Volume By Application for the Period 2020-2030
  • Historical Data and Forecast of Saudi Arabia Earthmoving Equipment Market Revenues & Volume By Construction for the Period 2020-2030
  • Historical Data and Forecast of Saudi Arabia Earthmoving Equipment Market Revenues & Volume By Mining for the Period 2020-2030
  • Historical Data and Forecast of Saudi Arabia Earthmoving Equipment Market Revenues & Volume By Agriculture & Forestry for the Period 2020-2030
  • Historical Data and Forecast of Saudi Arabia Earthmoving Equipment Market Revenues & Volume By Others for the Period 2020-2030
  • Saudi Arabia Earthmoving Equipment Import Export Trade Statistics
  • Market Opportunity Assessment By Product
  • Market Opportunity Assessment By Application
  • Saudi Arabia Earthmoving Equipment Top Companies Market Share
  • Saudi Arabia Earthmoving Equipment Competitive Benchmarking By Technical and Operational Parameters
  • Saudi Arabia Earthmoving Equipment Company Profiles
  • Saudi Arabia Earthmoving Equipment Key Strategic Recommendations
Frequently Asked Questions About the Market Study (FAQs):
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1 Executive Summary

2 Introduction

2.1 Key Highlights of the Report

2.2 Report Description

2.3 Market Scope & Segmentation

2.4 Research Methodology

2.5 Assumptions

3 Saudi Arabia Earthmoving Equipment Market Overview

3.1 Saudi Arabia Country Macro Economic Indicators

3.2 Saudi Arabia Earthmoving Equipment Market Revenues & Volume, 2020 & 2030F

3.3 Saudi Arabia Earthmoving Equipment Market - Industry Life Cycle

3.4 Saudi Arabia Earthmoving Equipment Market - Porter's Five Forces

3.5 Saudi Arabia Earthmoving Equipment Market Revenues & Volume Share, By Product, 2020 & 2030F

3.6 Saudi Arabia Earthmoving Equipment Market Revenues & Volume Share, By Application, 2020 & 2030F

4 Saudi Arabia Earthmoving Equipment Market Dynamics

4.1 Impact Analysis

4.2 Market Drivers

4.3 Market Restraints

5 Saudi Arabia Earthmoving Equipment Market Trends

6 Saudi Arabia Earthmoving Equipment Market, By Types

6.1 Saudi Arabia Earthmoving Equipment Market, By Product

6.1.1 Overview and Analysis

6.1.2 Saudi Arabia Earthmoving Equipment Market Revenues & Volume, By Product, 2020-2030F

6.1.3 Saudi Arabia Earthmoving Equipment Market Revenues & Volume, By Excavators, 2020-2030F

6.1.4 Saudi Arabia Earthmoving Equipment Market Revenues & Volume, By Loaders, 2020-2030F

6.1.5 Saudi Arabia Earthmoving Equipment Market Revenues & Volume, By Dump Trucks, 2020-2030F

6.1.6 Saudi Arabia Earthmoving Equipment Market Revenues & Volume, By Others, 2020-2030F

6.2 Saudi Arabia Earthmoving Equipment Market, By Application

6.2.1 Overview and Analysis

6.2.2 Saudi Arabia Earthmoving Equipment Market Revenues & Volume, By Construction, 2020-2030F

6.2.3 Saudi Arabia Earthmoving Equipment Market Revenues & Volume, By Mining, 2020-2030F

6.2.4 Saudi Arabia Earthmoving Equipment Market Revenues & Volume, By Agriculture & Forestry, 2020-2030F

6.2.5 Saudi Arabia Earthmoving Equipment Market Revenues & Volume, By Others, 2020-2030F

7 Saudi Arabia Earthmoving Equipment Market Import-Export Trade Statistics

7.1 Saudi Arabia Earthmoving Equipment Market Export to Major Countries

7.2 Saudi Arabia Earthmoving Equipment Market Imports from Major Countries

8 Saudi Arabia Earthmoving Equipment Market Key Performance Indicators

9 Saudi Arabia Earthmoving Equipment Market - Opportunity Assessment

9.1 Saudi Arabia Earthmoving Equipment Market Opportunity Assessment, By Product, 2020 & 2030F

9.2 Saudi Arabia Earthmoving Equipment Market Opportunity Assessment, By Application, 2020 & 2030F

10 Saudi Arabia Earthmoving Equipment Market - Competitive Landscape

10.1 Saudi Arabia Earthmoving Equipment Market Revenue Share, By Companies, 2023

10.2 Saudi Arabia Earthmoving Equipment Market Competitive Benchmarking, By Operating and Technical Parameters

11 Company Profiles

12 Recommendations

13 Disclaimer

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