Saudi Arabia Construction Material Handling Equipment Market Set to...

Saudi Arabia Construction Material Handling Equipment Market Set to Grow at 8.11% CAGR, Reaching USD 2.91 Billion by 2030

Postado 2025-11-05 09:18:32

Saudi Arabia Construction Material Handling Equipment Market: Key Dynamics, Size & Share Analysis

As per MarkNtel Advisors the Saudi Arabia Construction Material Handling Equipment Market size was valued at around USD 1.77 billion in 2024 and is projected to reach USD 2.91 billion by 2030. The market is also estimated to grow at a CAGR of around 8.11% during the forecast period, i.e., 2025-30.

Saudi Arabia Construction Material Handling Equipment Market Driver:

Increased FDI Inflow in Construction Sector – The construction sector, including the residential sector in the country, is developing due to the changes in the legislative norms. In 2023, the government authorities changed the foreign investment policies in the stocks, which indirectly impact the construction across the country. The policy allows foreign investors to invest in Saudi-listed companies in the residential sector. Due to these changes, about 13.5% of the rise is observed in the construction, accounting for nearly USD212.59 million of FDI inflow in 2023. The Capital Market Authority of Saudi Arabia also permits investments in residential properties within Makkah and Madinah. This law of real estate ownership and investments has led to a rise in the construction of residential properties in the country, which is projected to grow in the following years. This increases the need for material handling equipment for the efficient conduct of the construction work.

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Saudi Arabia Construction Material Handling Equipment Market Systems Market Segmentation:

-By Equipment

Crane- Market Size & Forecast 2020-2030, (Thousand Units)
Forklift- Market Size & Forecast 2020-2030, (Thousand Units)
Loader- Market Size & Forecast 2020-2030, (Thousand Units)
Telehandler- Market Size & Forecast 2020-2030, (Thousand Units)
Others- Market Size & Forecast 2020-2030, (Thousand Units)

-By End User

Construction- Market Size & Forecast 2020-2030, (Thousand Units)
Ports- Market Size & Forecast 2020-2030, (Thousand Units)
Warehouses- Market Size & Forecast 2020-2030, (Thousand Units)

Geographical Analysis of the Lactic Acid Market

-By Region

East- Market Size & Forecast 2020-2030, (Thousand Units)
West- Market Size & Forecast 2020-2030, (Thousand Units)
South- Market Size & Forecast 2020-2030, (Thousand Units)
Central- Market Size & Forecast 2020-2030, (Thousand Units)

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Report Highlights Essential Insights for Strategic Decision-Making

Detailed market size, share, and forecast analysis
In-depth pricing trends and segment-wise cost evaluations
Key industry strategies, including innovation, partnerships, and acquisitions
Critical value chain analysis and stakeholder profiling
Regional import-export market insights and trade flow assessment
Thorough competitive benchmarking of top hearing aid manufacturers
Identification of new growth opportunities and niche market segments
Overview of market trends, drivers, and challenges shaping future demand

Some of the leading players in the Saudi Arabia Construction Material Handling Equipment Market are:

Caterpillar
CNH Industrial
Komatsu
Volvo Group
Sumitomo Heavy Industries, Ltd.
Hitachi Construction Machinery Global
XCMG Group
Doosan Bobcat
HD Hyundai Xitesolution
Manitowoc Company, Inc.
Others

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Research Methodology Summary

A systematic approach is used to ensure accurate market insights, combining both bottom-up and top-down methods. Data triangulation validates findings from multiple angles.

Key Steps:

Define objectives and research design
Collect data through surveys and interviews
Analyze and validate data using reliable tools
Forecast trends and deliver actionable insights

About us:

MarkNtel Advisors is a globally recognized Industry Research Report Firm delivering actionable intelligence across the construction and mining industry, covering building management, construction materials, and construction technology & equipment. As a trusted Market Research Reports provider, we deliver Business Research and analytical insights at global, regional, and country levels, helping developers, equipment manufacturers, and investors evaluate infrastructure trends, material innovations, and smart construction initiatives. Our studies integrate Financial Services analytics, supply chain assessments, and Market Forecast modeling to deliver precision-driven insights. Leveraging advanced Business Analysis and project intelligence, clients gain a competitive edge in navigating regulatory frameworks and capital-intensive environments. Backed by specialized Consulting Services, we empower stakeholders to design scalable growth strategies, optimize investments, and enhance efficiency across global construction and mining markets.