Market Forecast By Types (Rigid Frame, Articulated Frame), By Capacity (Small Motor Graders (80-150 HP), Medium Motor Grader (150-300 HP), Large Motor Grader (Above 300 HP)), By Applications (Construction, Mining, Forestry & Agriculture, Other (Infrastructure, oil and gas, etc.)) and competitive landscape
|Product Code: ETC002026||Publication Date: Apr 2020||Updated Date: Jun 2023||Product Type: Report|
|Publisher: 6Wresearch||No. of Pages: 70||No. of Figures: 35||No. of Tables: 5|
Saudi Arabia Motor Grader Market report thoroughly covers the market by types, by capacity, and by applications. The market outlook report provides an unbiased and detailed analysis of the ongoing 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.
The Saudi Arabia Motor Grader Market is projected to witness significant growth over the years. This can be attributed to the increasing demand for advanced machinery from construction and infrastructure sectors in this region, and growing government investment in these sectors. In addition, factors such as rapid urbanization, rising disposable incomes, and increased tourism activities are set to boost the Saudi Arabia Motor Grader Market Growth. Additionally, technological advancements have led to developments such as intelligent motor graders with features like auto-leveling blades and automatic machine control systems that increase efficiency while reducing costs associated with grading operations.
Saudi Arabia Motor Grader Market is expected to register tremendous growth over the coming years primarily on account of increasing FDI in the country along with government efforts to promote industrialization and exploration of oil and gas in the country. Additionally, the burgeoning construction sector, coupled with the development of commercial and industrial sectors would drive the motor grader market during the forecast period. However, the coronavirus outbreak has led to a sharp decline in oil prices and overall, thus hampering the growth of the motor grader market in Saudi Arabia.
According to 6Wresearch, the Saudi Arabia Motor Grader Market is expected to grow at a rapid pace during the forecast period 2020-2026. Saudi Arabia government come up with initiatives to invest approximately $ 187bn in the domestic electricity sector over the next 10 years and Saudi Electricity Company (SEC) plans to add more than dozens of power plants (hydro, thermal, nuclear, and coal) by 2024. Saudi Arabia government planned “Saudi Vision 2030”, aims to develop public sectors such as health, education, infrastructure, recreation, and tourism, and to reinforce the Saudi economy and increase foreign investment in both oil and non-oil industries, thus aforementioned government initiatives would create ample of opportunities for motor grader market in Saudi Arabia.
The COVID-19 pandemic has had an extensive impact on the Saudi Arabia motor grader market size to a great extent. As a result of the economic slowdown, businesses in this region have been forced to reduce their investments and spending on infrastructure projects due to reduced revenue streams, which is expected to significantly restrain the growth of the motor grader market. The pandemic has created uncertainty among buyers and investors about future demand for motor graders, leading them to delay purchase decisions until after they can see how conditions are unfolding.
The major companies in the market are well-known manufacturers and suppliers of motor graders and have a strong presence in the Saudi Arabia motor grader market which is a major part of the Middle East Motor Grader Market.
Some prominent players in the Saudi Arabia motor grader market include:
The future of the Saudi Arabia motor grader industry looks promising with several factors contributing to its growth. For instance, the government's continued focus on infrastructure development, including road construction and expansion projects, will drive the demand for motor graders. Additionally, rapid urbanization and population growth in Saudi Arabia are leading to increased demand for improved transportation infrastructure. The adoption of advanced technologies in motor graders is expected to increase. These technologies enhance grading accuracy and provide real-time data, leading to better project management and cost savings. Further, there is a growing emphasis on sustainable practices and reducing environmental impact. The Saudi Arabia motor grader market is highly competitive, with both international and domestic players vying for market share which may result in innovation, improved product offerings, and competitive pricing.
According to Bhavya, Senior Research Analyst, 6Wresearch, the rigid frame motor graders are the most widely used as such motor graders can turn in small spaces as compared to articulated frame motor graders. Rigid frame motor graders are extensively used in the construction and oil field, for leveling of surface, wide-raging, ditching, land grading, and flattening of soil. Further, the government has come up with an initiative to invest $4.4bn in the construction sector. As motor graders are extensively deployed in construction activity, expansion of construction would lead to an increase in demand for motor graders in the market.
The Saudi Arabia Motor Grader Market report provides a detailed analysis of the following market segments:
|Table of Contents|
|1. Executive Summary|
|2.1. Key Highlights of the Report|
|2.2. Report Description|
|2.3. Market Scope & Segmentation|
|2.4. Research Methodology|
|3. Saudi Arabia Motor Grader Market Overview|
|3.1. Saudi Arabia Motor Grader Market Revenues & Volume, (2016-2026F)|
|3.2. Saudi Arabia Motor Grader Market – Industry Life Cycle|
|3.3. Saudi Arabia Motor Grader Market – Porter’s Five Forces|
|3.4. Saudi Arabia Motor Grader Market Revenue & Volume Share, By Types, 2019 & 2026F|
|3.5. Saudi Arabia Motor Grader Market Revenue & Volume Share, By Capacity, 2019 & 2026F|
|3.6. Saudi Arabia Motor Grader Market Revenue & Volume Share, By Application, 2019 & 2026F|
|4. Saudi Arabia Motor Grader Market Dynamics|
|4.1. Impact Analysis|
|4.2. Market Drivers|
|4.3. Market Restraints|
|5. Saudi Arabia Motor Grader Market Trends|
|6. Saudi Arabia Motor Grader Market Overview, By Types|
|6.1. Saudi Arabia Rigid Frame Motor Grader Market Revenues & Volume (2016-2026F)|
|6.2. Saudi Arabia Articulated Frame Motor Grader Market Revenues & Volume (2016-2026F)|
|7. Saudi Arabia Motor Grader Market Overview, By Capacity|
|7.1. Saudi Arabia Small Motor Grader Market Revenues & Volume (2016-2026F)|
|7.2. Saudi Arabia Medium Motor Grader Market Revenues & Volume (2016-2026F)|
|7.3. Saudi Arabia Large Motor Grader Market Revenues & Volume (2016-2026F)|
|8. Saudi Arabia Motor Grader Market Overview, By Applications|
|8.1. Saudi Arabia Motor Grader Market Revenues, By Construction Application (2016-2026F)|
|8.2. Saudi Arabia Motor Grader Market Revenues, By Mining Application (2016-2026F)|
|8.3. Saudi Arabia Motor Grader Market Revenues, By Forestry & Agriculture Application (2016-2026F)|
|8.4. Saudi Arabia Motor Grader Market Revenues, By Other Applications (2016-2026F)|
|9. Saudi Arabia Motor Grader Market Key Performance Indicators|
|10. Saudi Arabia Motor Grader Market Opportunity Assessment|
|10.1. Saudi Arabia Motor Grader Market Opportunity Assessment, By Type|
|10.2. Saudi Arabia Motor Grader Market Opportunity Assessment, By Capacity|
|10.3. Saudi Arabia Motor Grader Market Opportunity Assessment, By Applications|
|11. Saudi Arabia Motor Grader Market Competitive Landscape|
|11.1. Saudi Arabia Motor Grader Market Revenue Share, By Company (2019)|
|11.2. Saudi Arabia Motor Grader Market Competitive Benchmarking, By Technical Parameters|
|12. Company Profiles|
|12.1. Bussiness Description|
|12.2. Geographical Presence|
|12.3. Ownership (Top 5 Shareholders)|
|12.4. Key Financials (If Available)|
|12.5. Historical Timeline (If Available)|
|12.6. Key Clients|
|12.7. Product Segmentation|
|12.8. Key Distributors / Dealers|
|12.9. Key Executives|
|12.10. Number of Employees|