Earth Moving Equipment Market in Saudi Arabia 2016-2020

  • Published: Jun 2016
  • Pages: 57
  • SKU: IRTNTR8754
Technavio

The 2021-2025 version of this report is just being published. Buy it now and get up to $1000 worth of free customization!

Get me the latest version! (includes COVID-19 impact)
Safe and Secure SSL Encrypted
  • 2500.00
  • USD

This region-based earth moving equipment industry analysis report presents a comprehensive analysis of the key market drivers, challenges, and upcoming trends that influence growth. This earth moving equipment market industry study also segments the report by type (excavator, construction tractor, and loader). The key players analyzed in this market report are Caterpillar, JCB, Komatsu, and Volvo.

Earthmoving equipment market outlook in Saudi Arabia

The market for earthmoving equipment in Saudi Arabia will grow at an impressive CAGR of around 11% until the end of 2020. Sustained growth of the economy in Saudi Arabia coupled with the steady development of the construction market will increase the number of construction projects in this region. This increase in the number of construction activities will, in turn, foster the earth moving equipment demand during the next few years. Also, factors like the recent increase in new railway lines and projects will also help in the strong growth of this market during the forecast period. In Saudi Arabia, railways are an efficient mode of transportation for trading, as they connect major seaports in the region. For instance, the north-south railway line, which is the largest railway line in Saudi Arabia, links the primary phosphate and bauxite mining center in Baitha with the processing centers in Ras al-Zou. Due to the expansion of railway lines in this region, the demand for earthmoving equipment like loaders will increase as they help to remove the debris that is created during the construction of new railway tracks.  

 Want a bigger picture? Try a FREE sample of this report now!

See the complete table of contents and list of exhibits, as well as selected illustrations and example pages from this report.       

An important earth moving equipment market trend that will impel growth of the market in Saudi Arabia is the rising demand for energy-efficient equipment. Construction companies in Saudi Arabia are focusing extensively on sustainable development practices like green building construction. To construct such buildings, construction companies have to minimize the emissions and pollution throughout the project lifecycle, which in turn will augment the need for energy-efficient equipment. This increase in the demand for energy-efficient equipment will compel manufacturers to develop energy-efficient and technologically advanced earthmoving equipment.

Get more value with Technavio’s subscription platform! Gain easy access to all of Technavio’s reports, along with on-demand services. Start your FREE 14-day trial

Segmentation by type and analysis of the earthmoving equipment market in Saudi Arabia

  • Excavator
  • Construction tractor
  • Loader

In this earthmoving equipment market research report, analysts have estimated the loader product type segment to account for an impressive market share of more than 60% by 2020. Since the demand for loaders is directly proportional to the growth in construction activities, any increase in this region’s construction activities will result in the high demand for loaders, eventually resulting in the segment to continue gaining the largest earthmoving equipment market share in the region. Additionally, the ability of loaders to remove debris and other obstructions that hinder work efficiency will result in its increased adoption over the next few years.

Competitive landscape and key vendors

In Saudi Arabia, this market has a high growth potential and is very competitive due to the presence of many large vendors. Rising investments in infrastructure and the encouragement and participation of the government for the development of the transportation and infrastructure projects are bolstering earthmoving equipment market demand in the upcoming years.

Top vendors in this market are -

  • Caterpillar
  • JCB
  • Komatsu
  • Volvo

Other prominent earthmoving equipment manufacturers in this market are Bobcat, KOBELCO Construction Machinery, Liebherr, Sany Heavy Industry, and XCMG.

Key questions answered in the report include

  • What will the market size and the growth rate be in 2020?
  • What are the key factors driving the earthmoving equipment market in Saudi Arabia?
  • What are the key market trends impacting the growth of the earthmoving equipment market in Saudi Arabia?
  • What are the challenges to market growth?
  • Who are the key vendors in the earthmoving equipment market in Saudi Arabia?
  • What are the market opportunities and threats faced by the vendors in the earthmoving equipment market in Saudi Arabia?
  • Trending factors influencing the market shares of Saudi Arabia.
  • What are the key outcomes of the five forces analysis of the earthmoving equipment market in Saudi Arabia?

Want to dial in on a specific region or segment? We can help! Our analysts can customize this market research report to meet your requirements. Get in touch

Read More Read Less

Research Framework

Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

TechnavioINFORMATION SOURCES

Primary sources

  • Manufacturers and suppliers
  • Channel partners
  • Industry experts
  • Strategic decision makers

Secondary sources

  • Industry journals and periodicals
  • Government data
  • Financial reports of key industry players
  • Historical data
  • Press releases
Technavio

TechnavioDATA ANALYSIS

Data Synthesis

  • Collation of data
  • Estimation of key figures
  • Analysis of derived insights

Data Validation

  • Triangulation with data models
  • Reference against proprietary databases
  • Corroboration with industry experts
Technavio

TechnavioREPORT WRITING

Qualitative

  • Market drivers
  • Market challenges
  • Market trends
  • Five forces analysis

Quantitative

  • Market size and forecast
  • Market segmentation
  • Geographical insights
  • Competitive landscape
Interested in this report?
Get your FREE sample now!
Safe and Secure SSL Encrypted
Technavio

Single User:

2500 USD

Technavio Get the report (PDF) sent to your email within minutes.

Subscribe & Save

Get lifetime access to our
Technavio Insights

Want to customize this report?

This report can be personalized according to your needs. Our analysts and industry experts will work directly with you to understand your requirements and provide you with customized data in a short amount of time.

We offer $1000 worth of FREE customization at the time of purchase

Technavio's SUBSCRIPTION platform

Register for a free trial today and gain instant access to 17,000+ market research reports.

START YOUR FREE TRIAL

Enquire Before Buying
  1. Home
  2. Industrials
  3. Published Report
17,000 reports available | Plans starting from just 5,000 USD | Get FREE trial>>