Navigating Sustainable, Profitable Growth in a Rapidly Changing World

Industrial Automation and Equipment

Saudi Arabia Construction Equipment...

Historical and Forecast Market Trends

2018-34

www.expertmarketresearch.com

Saudi Arabia is experiencing robust infrastructural development due to rapid urbanisation. In 2023, the government allocated USD 9.17 billion for Saudi Arabia’s infrastructural development. Rapid urbanisation, coupled with the rising demand for commercial spaces and residential properties with improved public facilities, is propelling the Saudi Arabia construction equipment market growth.

Under the Vision 2030 Program, the Saudi Arabian government is heavily investing in the construction of ports, railways, roads, and airports, which creates demand for construction equipment like cranes and loaders.

The Saudi Arabian government has planned to invest in large-scale industrial projects, allocating more than USD 175 billion in funding annually between 2025 and 2028. In 2026 and 2027, spending is anticipated to reach a peak of USD 180 billion. Projects like NEOM and the Red Sea resorts are part of the large-scale investment drive, which has a combined budget of about USD 1.3 trillion.

New product development by companies such as AB Volvo (OTCMKTS: VLVLY) and HD Hyundai Construction Equipment to increase work efficiency supports the market growth in Saudi Arabia. In January 2024, HD Hyundai Construction Equipment (KRX: 267270) signed a supply agreement with Al Rawaf Consulting Company, one of Saudi Arabia's top construction companies, for 100 excavators. In accordance with this arrangement, by February of the following year, HD Hyundai will gradually deliver a total of 100 construction units, comprising 30 50-ton excavators and 70 22-ton excavators.

The development of an underwater pipeline that would span 400 km and connect Riyadh and Dammam, located in eastern Saudi Arabia, will be greatly aided by these devices. Additionally, the company promised to supply 50 heavy excavators and wheel loaders for the Neom City project and is anticipated to sell 800 pieces of equipment in Saudi Arabia alone by the end of this year.

Read more about this report REQUEST FREE SAMPLE COPY IN PDF

Market Analysis by Machinery Type, Propulsion Type, and End Use:

  • The market, on the basis of machinery type, can be divided into earth-moving machinery, material handling machinery, and concrete and road construction machinery.
  • Based on propulsion type, the market can be divided into ICE, electric, and CNG/LNG.
  • The various end-uses of construction equipment include oil and gas, construction and infrastructure, manufacturing, and mining, among others.

Key Findings of the Report:

  • Mining in Saudi Arabia is crucial to the country’s economic diversification as part of the Saudi Vision 2030. As a result, a USD 182 million miner exploration incentive plan has been launched by Saudi Arabia to promote mineral exploration in the mining industry.
  • Saudi Arabia possesses about 17% of the world’s proven petroleum reserves. Further production expansion can lead to a significant demand for construction equipment. Additionally, the expanding population and influx of migrants propel the demand for commercial and residential properties, further propelling the Saudi Arabia construction equipment market growth.
  • As part of Saudi Vision 2030, Saudi Arabia is focusing on a range of new areas, such as smart cities, including Yanbu Industrial City, the NEOM Project, clean energy, and tourism. The development in these areas is expected to aid the demand for construction equipment.
  • The increasing adoption of advanced equipment and automated machinery integrated with technologies like the Internet of Things (IoT), telematics, and robotics can increase the functionality of construction machinery by improving efficiency.

Saudi Arabia Construction Equipment Market

Key Offerings of the Report:

  • The EMR report gives an overview of the Saudi Arabia construction equipment market for the periods (2018-2023) and (2024-2032).
  • The report also offers the historical (2018-2023) and forecast (2024-2032) markets for the machinery types, propulsion types, and end-uses of construction equipment in Saudi Arabia.
  • The market report also analyses the trade data by covering the major importing and exporting countries.
  • The report analyses the market dynamics, covering the key demand and price indicators in the market, along with an assessment of the SWOT and Porter’s Five Forces models.

The major players in the Saudi Arabia construction equipment market are AB Volvo, Hitachi Construction Machinery Co. Ltd., Sumitomo Construction Machinery Co., Ltd., Caterpillar Inc., CNH Industrial N.V., Komatsu Ltd., Doosan Corporation, Manitowoc Company Inc., and Kobelco Construction Machinery Group, among others. The comprehensive report by EMR looks into the market share, capacity, and latest developments like mergers and acquisitions, plant turnarounds, and capacity expansions of the major players.

Key Highlights of the Report

REPORT FEATURES DETAILS
Base Year 2023
Historical Period 2018-2023
Forecast Period 2024-2032
Scope of the Report

Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:

  • Machinery Type
  • Propulsion Type
  • End-Use
Breakup by Machinery Type
  • Earth Moving Machinery
  • Material Handling Machinery
  • Concrete and Road Construction Machinery
Breakup by Propulsion Type
  • ICE
  • Electric
  • CNG/LNG
Breakup by End-Use
  • Oil and Gas
  • Construction and Infrastructure
  • Manufacturing
  • Mining
  • Others
Market Dynamics
  • SWOT Analysis
  • Porter's Five Forces Analysis
  • Key Indicators for Demand
  • Key Indicators for Price
Competitive Landscape
  • Market Structure
  • Company Profiles
    • Company Overview
    • Product Portfolio
    • Demographic Reach and Achievements
    • Certifications
Companies Covered
  • AB Volvo  
  • Hitachi Construction Machinery Co. Ltd  
  • Sumitomo Construction Machinery Co., Ltd.  
  • Caterpillar Inc.  
  • CNH Industrial N.V.  
  • Komatsu Ltd.  
  • Doosan Corporation
  • Manitowoc Company Inc.  
  • Kobelco Construction Machinery Group 
  • Others

About Us

Expert Market Research (EMR) is a leading market research and business intelligence company, ensuring its clients remain at the vanguard of their industries by providing them with exhaustive and actionable market data through its syndicated and custom market reports, covering over 15 major industry domains. The company's expansive and ever-growing database of reports, which are constantly updated, includes reports from industry verticals like chemicals and materials, food and beverages, energy and mining, technology and media, consumer goods, pharmaceuticals, agriculture, and packaging.

EMR leverages its state-of-the-art technological and analytical tools, along with the expertise of its highly skilled team of over a 100 analysts and more than 3000 consultants, to help its clients, ranging from Fortune 1000 companies to small and medium sized enterprises, easily grasp the expansive industry data and help them in formulating market and business strategies, which ensure that they remain ahead of the curve.

Contact Us

Expert Market Research
Website: www.expertmarketresearch.com
Email: [email protected]
US & Canada Phone no: +1-415-325-5166
UK Phone no: +44-702-402-5790

How To Order

Our step-by-step guide will help you select, purchase, and access your reports swiftly, ensuring you get the information that drives your decisions, right when you need it.

Select License Type

Choose the right license for your needs and access rights.

Click on ‘Buy Now’

Add the report to your cart with one click and proceed to register.

Select Mode of Payment

Choose a payment option for a secure checkout. You will be redirected accordingly.

Datasheet

10 % Off

USD

2,499

2,249

Single User License

10 % Off

USD

3,999

3,599

Five User License

15 % Off

USD

4,999

4,249

Corporate License

15 % Off

USD

5,999

5,099

Datasheet

USD 2,499

USD 2,249

tax inclusive*

  • Selected Segments
  • Printing Restrictions
  • Excel Spreadsheet Delivered via Email
  • Full Report
  • Periodic Updates
  • Post Sales Analysts Support
  • Unlimited Prints

Single User License

USD 3,999

USD 3,599

tax inclusive*

  • Selected Segments
  • Printing Restrictions
  • PDF Delivered via Email
  • Custom Report Layout
  • Post Sales Analysts Support
  • Periodic Updates
  • Unlimited Prints

Five User License

USD 4,999

USD 4,249

tax inclusive*

  • All Selected Segments
  • Five Prints Available
  • PDF Delivered via Email
  • Limited Free Customization
  • Post Sales Analyst Support
  • Custom Report Layout
  • Periodic Updates
  • Unlimited Prints

Corporate License

USD 5,999

USD 5,099

tax inclusive*

  • All Selected Segments
  • Unlimited Prints Available
  • PDF & Excel Delivery via Email
  • Limited Free Customization
  • Post Sales Analysts Support
  • Discount On Next Update
  • Custom Report Layout

*Please note that the prices mentioned below are starting prices for each bundle type. Kindly contact our team for further details.*

Bundle Type

Flash Bundle

20% OFF Number of Reports: 3

Small Business Bundle

25% OFF Number of Reports: 5

Growth Bundle

30% OFF Number of Reports: 8

Enterprise Bundle

35% OFF Number of Reports: 10
Overview
  • Life Time Access
  • Analyst Support Related to Report
  • PDF Version of the Report
  • Complimentary Excel Data Set
  • Free Analyst Hours
  • Complimentary Free 1 Month Subscription to Trade Data Base
  • Complimentary One Month Subscription to Price Database (Chemicals only)
  • Complementary PPT Version of the Report
  • Complimentary License Upgrade
  • Complimentary Power BI Dashboards
  • Life Time Access
  • Analyst Support Related to Report
  • PDF Version of the Report
  • Complimentary Excel Data Set
  • Free Analyst Hours - 50 Hours
  • Complimentary Free 1 Month Subscription to Trade Data Base
  • Complimentary One Month Subscription to Price Database (Chemicals only)
  • Complementary PPT Version of the Report
  • Complimentary License Upgrade
  • Complimentary Power BI Dashboards
  • Life Time Access
  • Analyst Support Related to Report
  • PDF Version of the Report
  • Complimentary Excel Data Set
  • Free Analyst Hours - 80 Hours
  • Complimentary Free 1 Month Subscription to Trade Data Base
  • Complimentary One Month Subscription to Price Database (Chemicals only)
  • Complementary PPT Version of the Report
  • Complimentary License Upgrade
  • Complimentary Power BI Dashboards
  • Life Time Access
  • Analyst Support Related to Report
  • PDF Version of the Report
  • Complimentary Excel Data Set
  • Free Analyst Hours - 100 Hours
  • Complimentary Free 1 Month Subscription to Trade Data Base
  • Complimentary One Month Subscription to Price Database (Chemicals only)
  • Complementary PPT Version of the Report
  • Complimentary License Upgrade
  • Complimentary Power BI Dashboards

*Please note that the prices mentioned below are starting prices for each bundle type. Kindly contact our team for further details.*

Flash Bundle

Number of Reports: 3

20%

tax inclusive*

  • 3 Reports Included
  • Life Time Acess
  • Analyst Support Related to Report
  • PDF Version of the Report
  • Free 1 Month Subscription to Trade Data Base
  • 1 Month Subscription to Price Database (Chemicals only)
  • Complimentary Excel Data Set
  • PPT Version of the Report
  • Power BI Dashboards
  • License Upgrade
  • Free Analyst Hours

Small Business Bundle

Number of Reports: 5

25%

tax inclusive*

  • 5 Reports Included
  • Life Time Acess
  • Analyst Support Related to Report
  • PDF Version of the Report
  • Complimentary Excel Data Set
  • Free Analyst Hours - 50 Hours
  • Free 1 Month Subscription to Trade Data Base
  • 1 Month Subscription to Price Database (Chemicals only)
  • Complimentary Excel Data Set
  • PPT Version of the Report
  • Power BI Dashboards
  • License Upgrade

Growth Bundle

Number of Reports: 8

30%

tax inclusive*

  • 8 Reports Included
  • Life Time Acess
  • Analyst Support Related to Report
  • PDF Version of the Report
  • Complimentary Excel Data Set
  • Free Analyst Hours - 50 Hours
  • Free 1 Month Subscription to Trade Data Base
  • 1 Month Subscription to Price Database (Chemicals only)
  • License Upgrade
  • Free Analyst Hours - 80 Hours
  • Power BI Dashboards

Enterprise Bundle

Number of Reports: 10

35%

tax inclusive*

  • 10 Reports Included
  • Life Time Acess
  • Analyst Support Related to Report
  • PDF Version of the Report
  • Complimentary Excel Data Set
  • Free Analyst Hours - 50 Hours
  • Free 1 Month Subscription to Trade Data Base
  • 1 Month Subscription to Price Database (Chemicals only)
  • License Upgrade
  • Power BI Dashboards
  • Free Analyst Hours - 100 Hours

We’re here to help answer any questions about our products and services.

Contact us

Our Offices


Australia

63 Fiona Drive, Tamworth, NSW

+61-448-061-727

India

C130 Sector 2 Noida, Uttar Pradesh 201301

+91-858-608-1494

Philippines

40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City,1226.

+63-287-899-028, +63-967-048-3306

United Kingdom

6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London

+44-753-713-2163

United States

30 North Gould Street, Sheridan, WY 82801

+1-415-325-5166

Vietnam

193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City

+84-865-399-124

30 North Gould Street, Sheridan, WY 82801

+1-415-325-5166

63 Fiona Drive, Tamworth, NSW

+61-448-061-727

C130 Sector 2 Noida, Uttar Pradesh 201301

+91-858-608-1494

40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City, 1226.

+63-287-899-028, +63-967-048-3306

6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London

+44-753-713-2163

193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City

+84-865-399-124