Market forecast By Types (Mobile Crane, Construction Tractor and Bulldozer, Earthmoving Equipment (Loader, Excavator, Motor Grader), Material Handling Equipment (Telescopic Handler, Forklift), Dump Truck, Aerial Work Platform (Articulated Boom lift, Telescopic Boom lift, Scissor Lift), Road Construction Equipment (Paver, Road Roller)), By Applications (Construction, Oil & Gas, Mining & Others (Municipality, Road Construction)), By Regions (Eastern, Western, Central, Southern) and competitive landscape
Product Code: ETC037264 | Publication Date: Nov 2020 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 116 | No. of Figures: 45 | No. of Tables: 21 |
Saudi Arabia Construction Equipment Market has declined over the past few years on account of low crude oil prices, which resulted in the cancellation of many large-scale construction projects, thereby affecting the demand for construction equipment negatively. Additionally, the spread of the COVID-19 pandemic has resulted in the slowdown of the overall economy leading to the temporary halt in many construction projects across the region, thereby impacting the construction equipment market in Saudi Arabia, However, the rising government infrastructure spending underpinned by initiatives such as Saudi Vision 2030 and National Transformation Program 2020 coupled with rising FDI and private sector investment would drive the construction equipment market in the Kingdom, which is expected to regain momentum in the year 2021.
According to 6Wresearch, Saudi Arabia Construction Equipment Market size is projected to grow at a CAGR of 2.6% during 2020-26. Based on types, the mobile crane segment is expected to grow at a substantial rate over the coming years on account of widespread utility for moving the containers, especially in the oil & gas industry. Earthmoving equipment has garnered the major market revenue share in Saudi Arabia’s construction equipment market owing to its prevalent usage in digging the earth in all the sectors such as mining, transportation and commercial, where they are extensively used for excavating, lifting heavy weights and laying railway tracks.
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 such as NEOM city, Red Sea project and Diriya Gate project. Additionally, the rising hotel chains and entertainment areas on account of Saudi vision boost the tourism sector which have further escalated the demand for construction equipment in the country.
Saudi Arabia Construction Equipment Market report comprehensively covers the Saudi Arabia construction equipment market by types, applications and regions. Saudi Arabia construction equipment market outlook report provides an unbiased and detailed analysis of the construction equipment market on-going trends, opportunities/high growth areas, market drivers which would help the stakeholders to device and align their market strategies according to the current and future market dynamics.
Key Highlights:
Market Segmentation:
Saudi Arabia construction equipment market report provides a detailed analysis of the following market segments:
1. Executive Summary |
2. Introduction |
2.1 Report Description |
2.2 Key Highlights of the Report |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3. Middle East Construction Equipment Market Overview |
3.1 Middle East Construction Equipment Market Revenues & Volume, 2016-2026F |
4. Saudi Arabia Construction Equipment Market Overview |
4.1 Saudi Arabia Construction Equipment Market Revenues & Volume, 2016-2026F |
4.2 Saudi Arabia Construction Equipment Market - Industry Life Cycle, 2019 |
4.3 Saudi Arabia Construction Equipment Market - Porter’s Five Forces |
4.4 Saudi Arabia Construction Equipment Market Revenue & Volume Share, By Types, 2019 & 2026F |
4.5 Saudi Arabia Construction Equipment Market Revenue Share, By Applications, 2019 & 2026F |
4.6 Saudi Arabia Construction Equipment Market Revenue Share, By Regions, 2019 & 2026F |
5. Saudi Arabia PESTEL Analysis |
6. Saudi Arabia Construction Equipment Market Dynamics |
6.1 Impact Analysis |
6.2 Market Drivers |
6.3 Market Restraints |
7. Saudi Arabia Construction Equipment Market Trends |
8. Saudi Arabia Construction Equipment Market Overview, By Types |
8.1 Saudi Arabia Mobile Crane Market Revenues & Volume, 2016-2026F |
8.2 Saudi Arabia Construction Tractors & Bulldozers Market Revenues & Volume, 2016-2026F |
8.3 Saudi Arabia Earth Moving Equipment Market Revenues & Volume, 2016-2026F |
8.3.1 Saudi Arabia Earth Moving Equipment Market Revenue & Volume Share, By Types, 2019 & 2026F |
8.3.2 Saudi Arabia Loader Market Revenues & Volume, 2016-2026F |
8.3.2.1 Saudi Arabia Loader Market Revenue & Volume Share, By Types, 2019 & 2026F |
8.3.2.2 Saudi Arabia Loader Market Revenues & Volume, By Types, 2016-2026F |
8.3.3 Saudi Arabia Excavator Market Revenues & Volume, 2016-2026F |
8.3.3.1 Saudi Arabia Excavator Market Revenue & Volume Share, By Types, 2019 & 2026F |
8.3.3.2 Saudi Arabia Excavator Market Revenues & Volume, By Types, 2016-2026F |
8.3.4 Saudi Arabia Motor Grader Market Revenues & Volume, 2016-2026F |
8.4 Saudi Arabia Material Handling Equipment Market Revenues & Volume, 2016-2026F |
8.4.1 Saudi Arabia Material Handling Equipment Market Revenue & Volume Share, By Types, 2019 & 2026F |
8.4.2 Saudi Arabia Material Handling Equipment Market Revenues & Volume, By Types, 2016-2026F |
8.5 Saudi Arabia Dump Truck Market Revenues & Volume, 2016-2026F |
8.6 Saudi Arabia Aerial Work Platform Market Revenues & Volume, 2016-2026F |
8.6.1 Saudi Arabia Aerial Work Platform Market Revenue & Volume Share, By Types, 2019 & 2026F |
8.6.2 Saudi Arabia Aerial Work Platform Market Revenues & Volume, By Types, 2016-2026F |
8.7 Saudi Arabia Road Construction Equipment Market Revenues & Volume, 2016-2026F |
8.7.1 Saudi Arabia Road Construction Equipment Market Revenue & Volume Share, By Types, 2019 & 2026F |
8.7.2 Saudi Arabia Road Construction Equipment Market Revenues & Volume, By Types, 2016-2026F |
9. Saudi Arabia Construction Equipment Market Overview, By Applications |
9.1 Saudi Arabia Construction Equipment Market Revenues, By Applications, 2016-2026F |
9.1.1 Saudi Arabia Construction Equipment Market Revenues, By Construction, 2016-2026F |
9.1.2 Saudi Arabia Construction Equipment Market Revenues, By Oil & Gas,2016-2026F |
9.1.3 Saudi Arabia Construction Equipment Market Revenues, By Mining, 2016-2026F |
9.1.4 Saudi Arabia Construction Equipment Market Revenues, By Others,2016-2026F |
9.2 Saudi Arabia Construction Equipment Market Key Performance Indicators |
10. Saudi Arabia Construction Equipment Market Overview, By Regions |
10.1 Saudi Arabia Construction Equipment Market Revenues, By Regions, 2016-2026F |
10.1.1 Saudi Arabia Construction Equipment Market Revenues, By Eastern, 2016-2026F |
10.1.2 Saudi Arabia Construction Equipment Market Revenues, By Western,2016-2026F |
10.1.3 Saudi Arabia Construction Equipment Market Revenues, By Central, 2016-2026F |
10.1.4 Saudi Arabia Construction Equipment Market Revenues, By Southern,2016-2026F |
11. Saudi Arabia Construction Equipment Market Major Projects |
11.1 Saudi Arabia Upcoming Mega Projects |
11.2 Saudi Arabia Upcoming Medical Complex Projects |
11.3 Saudi Arabia Upcoming Transportation Projects |
11.4 Saudi Arabia Upcoming Skyscraper Projects |
11.5 Saudi Arabia Upcoming Industrial Projects |
11.6 Saudi Arabia Upcoming Economic CityProjects |
12. Saudi Arabia Construction Equipment Market Opportunity Assessment |
12.1 Saudi Arabia Construction Equipment Market Opportunity Assessment, By Applications, 2026F |
13. Saudi Arabia Construction Equipment Market Competitive Landscape |
13.1 Saudi Arabia Construction Equipment Market Revenue Share, By Company, 2019 |
13.2 Saudi Arabia Construction Equipment Market Competitive Benchmarking, By Equipment Type |
13.3 Saudi Arabia Construction Equipment Market Competitive Benchmarking, By Operating Parameters |
14. Company Profiles |
14.1 Caterpillar Inc. |
14.2 Komatsu Middle East FZE [KME] |
14.3 Hitachi Construction Machinery Middle East Corporation FZE |
14.4 Hyundai Construction Equipment Co., Ltd |
14.5 Volvo Construction Equipment |
14.6 J C Bamford Excavator Limited |
14.7 Doosan Infracore Co., Ltd. |
14.8 Xuzhou Construction Machinery Group Co., Ltd. |
14.9 Tadano Ltd. |
14.10 Dynapac MEA FZE |
15. Key Strategic Recommendations |
16. Disclaimer |
List of Figures |
Figure 1. Middle East Construction Equipment Market Revenues & Volume, 2016-2026F ($ Billion, Thousand Units) |
Figure 2. Saudi Arabia Construction Equipment Market Revenues & Volume, 2016-2026F ($ Million, Units) |
Figure 3. Saudi Arabia Construction Equipment Market - Industry Life Cycle |
Figure 4. Saudi Arabia Construction Equipment Market Revenue Share, By Types, 2019 & 2026F |
Figure 5. Saudi Arabia Construction Equipment Market Volume Share, By Types, 2019 & 2026F |
Figure 6. Saudi Arabia Construction Equipment Market Revenue Share, By Applications, 2019 & 2026F |
Figure 7. Saudi Arabia Construction Equipment Market Revenue Share, By Regions, 2019 & 2026F |
Figure 8. Saudi Arabia Infant Mortality Rate (Per 1000 Live Births), 2010-2019 (Percentage) |
Figure 9. Saudi Arabia ICT Spending in Digital Accelerator Technologies, $ Million |
Figure 10. Saudi Arabia Carbon-Di-Oxide Emission Data, 2010-2020F (Million Tonnes) |
Figure 11. Saudi Arabia Hotel Supply (No. of Branded Hotel Keys), Q2, 2019-FY22 |
Figure 12. Saudi Arabia Occupancy Rate Change in Hotel Supply (YTD 2018-YTD 2020) |
Figure 13. Saudi Vision 2030 Goals for Non-Oil Sector |
Figure 14. Saudi Arabia Non-Oil Revenues, 2016-2020 ($ Billion) |
Figure 15. Saudi Arabia Mobility Trends, By Place/Destination, as on 23 August 2020 (Compared to baseline value)* |
Figure 16. Saudi Arabia Mobile Crane Market Revenues & Volume, 2016-2026F ($ Million, Units) |
Figure 17. Saudi Arabia Construction Tractor & Bulldozer Market Revenues & Volume, 2016-2026F ($ Million, Units) |
Figure 18. Saudi Arabia Earth Moving Equipment Market Revenues & Volume, 2016-2026F ($ Million, Units) |
Figure 19. Saudi Arabia Earth Moving Equipment Market Revenue Share, By Types, 2019 & 2026F |
Figure 20. Saudi Arabia Earth Moving Equipment Market Volume Share, By Types, 2019 & 2026F |
Figure 21. Saudi Arabia Loader Market Revenues & Volume, 2016-2026F ($ Million, Units) |
Figure 22. Saudi Arabia Loader Market Revenue Share, By Types, 2019 & 2026F |
Figure 23. Saudi Arabia Loader Market Volume Share, By Types, 2019 & 2026F |
Figure 24. Saudi Arabia Excavator Market Revenues & Volume, 2016-2026F ($ Million, Units) |
Figure 25. Saudi Arabia Excavator Market Revenue Share, By Types, 2019 & 2026F |
Figure 26. Saudi Arabia Excavator Market Volume Share, By Types, 2019 & 2026F |
Figure 27. Saudi Arabia Motor Grader Market Revenues & Volume, 2016-2026F ($ Million, Units) |
Figure 28. Saudi Arabia Material Handling Equipment Market Revenues & Volume, 2016-2026F ($ Million, Units) |
Figure 29. Saudi Arabia Material Handling Equipment Market Revenue Share, By Types, 2019 & 2026F |
Figure 30. Saudi Arabia Material Handling Equipment Market Volume Share, By Types, 2019 & 2026F |
Figure 31. Saudi Arabia Dump Truck Market Revenues & Volume, 2016-2026F ($ Million, Units) |
Figure 32. Saudi Arabia Aerial Work Platform Market Revenues & Volume, 2016-2026F ($ Million, Units) |
Figure 33. Saudi Arabia Aerial Work Platform Market Revenue Share, By Types, 2019 & 2026F |
Figure 34. Saudi Arabia Aerial Work Platform Market Volume Share, By Types, 2019 & 2026F |
Figure 35. Saudi Arabia Road Construction Equipment Market Revenues & Volume, 2016-2026F ($ Million, Units) |
Figure 36. Saudi Arabia Road Construction Equipment Market Revenue Share, By Types, 2019 & 2026F |
Figure 37. Saudi Arabia Road Construction Equipment Market Volume Share, By Types, 2019 & 2026F |
Figure 38. Saudi Arabia Office Supply Space, Q2 2020-2022F (Sq.mt. GLA) |
Figure 39. Saudi Arabia Residential Supply Stock, Q2 2020-2022F (Million Units) |
Figure 40. Saudi Arabia Retail Supply Stock, Q2 2020-2022F (Sq. mt. GLA) |
Figure 41. Saudi Arabia Construction Equipment Market Opportunity Assessment, By Applications, 2026F |
Figure 42. Saudi Arabia Construction Equipment Market Revenue Share, By Company, 2019 |
Figure 43. Riyadh Warehouses & Logistics Demand Projections, 2020E– 2030F (M sqm) |
Figure 44. Jeddah Warehouses & Logistics Demand Projections, 2020E-2030F (Msqm) |
Figure 45. Dammam & Al Khobar Warehouses & Logistics Demand Projections, 2020E– 2030F (M sqm) |
List of Tables |
Table 1. Saudi Arabia Economic Activities Breakdown, 2020E |
Table 2. Saudi Arabia Pre-Primary Education Gross Enrolment Ratio, 2015-2019, (Percentage) |
Table 3. Saudi Arabia Major Upcoming Hospitality Projects |
Table 4. Saudi Arabia Loader Market Revenues, By Types, 2016-2026F ($ Million) |
Table 5. Saudi Arabia Loader Market Volume, By Types, 2016-2026F (Units) |
Table 6. Saudi Arabia Excavator Market Revenues, By Types, 2016-2026F ($ Million) |
Table 7. Saudi Arabia Excavator Market Volume, By Types, 2016-2026F (Units) |
Table 8. Saudi Arabia Material Handling Equipment Market Revenues, By Types, 2016-2026F ($ Million) |
Table 9. Saudi Arabia Material Handling Equipment Market Volume, By Types, 2016-2026F (Units) |
Table 10. Saudi Arabia Aerial Work Platform Market Revenues, By Types, 2016-2026F ($ Million) |
Table 11. Saudi Arabia Aerial Work Platform Market Volume, By Types, 2016-2026F ($ Million) |
Table 12. Saudi Arabia Road Construction Equipment Market Revenues, By Types, 2016-2026F ($ Million) |
Table 13. Saudi Arabia Road Construction Equipment Market Volume, By Types, 2016-2026F (Units) |
Table 14. Saudi Arabia Construction Equipment Market Revenues, By Applications, 2016-2026F ($ Million) |
Table 15. Saudi Arabia Construction Equipment Market Revenues, By Regions, 2016-2026F ($ Million) |
Table 16. Saudi Arabia Upcoming Mega Projects (Contd.) |
Table 17. Saudi Arabia Upcoming Medical Complex Projects |
Table 18. Saudi Arabia Upcoming Transportation Projects (Contd.) |
Table 19. Saudi Arabia Upcoming Skyscraper Projects |
Table 20. Saudi Arabia Upcoming Industrial Projects |
Table 21. Saudi Arabia Upcoming Economic Cities |