Saudi Arabia Compactor Market (2020-2026) | Growth, Industry, COVID-19 IMPACT, Trends, Analysis, Outlook, Revenue, Value, Size, Forecast, Share & Companies

Saudi Arabia Compactor Market is expected to register growth in coming years on the back of rapid development in the infrastructure sector-driven by government’s efforts to increase foreign direct investment in the infrastructure sector across the country. However, halt of economic activities and falling demand for oil across the globe due to the spread of COVID-19 virus is expected to lead to a decrease in infrastructure spending in the near term, thus hampering the demand of compactor apparatus in the Saudi Arabia market.

According to 6Wresearch, Saudi Arabia Compactor Market is anticipated to register growth during 2020-2026F. The Kingdom of Saudi Arabia has come up with a “Vision 2030” initiative with the aim of achieving a new phase of development in the country by 2030, the vision focuses on housing programs, national industrial development and logistics programs, privatization programs, and national transformation program. Further, the government has started the “Agriculture Rural Development Program 2025” aimed to support agricultural activities in various regions of the Kingdom, with financial allocations amounting to $1.96 billion for a period of seven years (2019-2026). Measures such as soft loan policy and allocation agricultural development fund (ADF) would create ample of demand for compactor equipment in Saudi Arabia.

By type, portable compactor equipment is the most widely used as such compactor is easy to maintain, energy-efficient and economical as compared to stationary compactors. Portable compactors equipment are used in the construction and municipal sector for leveling of surfaces, compacting backfills in narrow trenches, grading and creation of the foundation. The Saudi government has plans to invest $32.6 billion in construction projects such as Riyadh metro, Red Sea project and Rabigh 2 IPP project, as compactor are extensively deployed in construction activity, expansion of the construction sector would lead to an increase in demand for compactor equipment in Saudi Arabia market.

The Saudi Arabia Compactor market report thoroughly covers the market by types, products and applications. Saudi Arabia Compactor market outlook report provides an unbiased and detailed analysis of the on-going Saudi Arabia Compactor market trends, opportunities/high growth areas and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.

Key Highlights:

• Saudi Arabia Compactor Market Overview
• Saudi Arabia Compactor Market Outlook
• Saudi Arabia Compactor Market Forecast
• Historical Data of Saudi Arabia Compactor Market Revenues and Volume for the Period 2016-2019
• Saudi Arabia Compactor Market Size & Compactor Market Forecast of Revenues and Volume, Until 2026
• Historical Data of Saudi Arabia Compactor Market Revenues and Volume, By Types, for the Period 2016-2019
• Market Size & Forecast of Saudi Arabia Compactor Market Revenues and Volume, By Types, Until 2026
• Historical Data of Saudi Arabia Compactor Market Revenues and Volume, By Products, for the Period 2016-2019
• Market Size & Forecast of Saudi Arabia Compactor Market Revenues and Volume, By Products, Until 2026
• Historical Data of Saudi Arabia Compactor Market Revenues and Volume, By Applications, for the Period 2016-2019
• Market Size & Forecast of Saudi Arabia Compactor Market Revenues and Volume, By Applications, Until 2026
• Market Drivers and Restraints
• Saudi Arabia Compactor Market Trends and Industry Life Cycle
• Porter’s Five Force Analysis and Market Opportunity Assessment
• Saudi Arabia Compactor Market Share, By Players
• Saudi Arabia Compactor Market Overview on Competitive Benchmarking
• Company Profiles

Markets Covered

The Saudi Arabia Compactor Market report provides a detailed analysis of the following market segments:

• By Types
  • Portable Compactors
  • Stationary Compactors
• By Products
  • Landfill Compactors
  • Trash Compactors
  • Vibratory Plate Compactors
  • Wheeled Compactors
• By Applications
  • Construction
  • Industrial
  • Forestry & Agriculture
  • Municipal
  • Other (Residential, Commercial etc.)

Other Key Reports Available:

• Bahrain Compactor Market Report
• Oman Compactor Market Report
• Kuwait Compactor Market Report
• Qatar Compactor Market Report
• UAE Compactor Market Report
• Turkey Compactor Market Report

Frequently Asked Questions About the Market Study (FAQs):