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Saudi Arabia Construction Equipment Market Forecast Report 2025-2030: Saudi Ports Expansion and New Logistics Parks Drive Material Handling Equipment Demand
The Saudi Arabia Construction Equipment Market is forecasted to expand from 37,272 units in 2024 to 52,621 units by 2030, at a CAGR of 5.92%. Key growth drivers include significant investments in public infrastructure, port expansions, and burgeoning material handling segment. Earthmoving equipment, notably excavators, dominates, fueled by plans such as Saudi's Vision 2030. Key vendors like Caterpillar, Liebherr, and Komatsu lead the market. However, rising construction costs and a skilled labor
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