MarkNtel Advisors recently published a detailed industry analysis of the Saudi Arabia Construction Material Handling Equipment Market. The report covers growth trends, geographical marketing strategies, challenges, opportunities, and drivers influencing the market.
Saudi Arabia Construction Material Handling Equipment Market, Share, and Trends Analysis Report – Industry Overview and Forecast to 2030
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.
Key Findings in Saudi Arabia Construction Material Handling Equipment Market:
- Historical Analysis: 2020–2023
- Base Year: 2024
- Forecast Period: 2025–2030
Leading Market Players- Caterpillar, CNH Industrial, Komatsu, Volvo Group, Sumitomo Heavy Industries, Ltd., Hitachi Construction Machinery Global, XCMG Group, Doosan Bobcat, HD Hyundai Xitesolution, Manitowoc Company, Inc., and others.
Key Highlights of the Report
- Market Dimensions & Projections
- Pricing Evaluation,
- Recent Strategic Moves by Companies,
- Primary Stakeholders,
- Analysis of Import and Export Trends,
- Competitive Landscape Assessment,
- Emerging Opportunities,
- Market Trends and Indicators
What are the major Driver the Saudi Arabia Construction Material Handling Equipment Market?
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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What segments define the Saudi Arabia Construction Material Handling Equipment Market from 2025 to 2030? How do these segments contribute to market dynamics and growth?
By Equipment
- Crane- Market Size & Forecast 2020-2030, (Thousand Units)
- Forklift- Market Size & Forecast 2020-2030, (Thousand Units)
- Counterbalance Forklift- Market Size & Forecast 2020-2030, (Thousand Units)
- Reach Forklift- Market Size & Forecast 2020-2030, (Thousand Units)
- Loader- Market Size & Forecast 2020-2030, (Thousand Units)
- Backhoe Loader- Market Size & Forecast 2020-2030, (Thousand Units)
- Skid Steer Loader- Market Size & Forecast 2020-2030, (Thousand Units)
- Track Loader- Market Size & Forecast 2020-2030, (Thousand Units)
- Wheeled Loader- Market Size & Forecast 2020-2030, (Thousand Units)
- Telehandler- Market Size & Forecast 2020-2030, (Thousand Units)
- Others- Market Size & Forecast 2020-2030, (Thousand Units)
According to report, Based on end user, the construction sector holds more than 78% market share of the construction material handling equipment industry.
By End User
- Construction- Market Size & Forecast 2020-2030, (Thousand Units)
- Commercial- Market Size & Forecast 2020-2030, (Thousand Units)
- Residential- Market Size & Forecast 2020-2030, (Thousand Units)
- Industrial - Market Size & Forecast 2020-2030, (Thousand Units)
- Ports- Market Size & Forecast 2020-2030, (Thousand Units)
- Warehouses- Market Size & Forecast 2020-2030, (Thousand Units)
According to report, Based on end user, the construction sector holds more than 78% market share of the construction material handling equipment industry.
Explore the Complete Saudi Arabia Construction Material Handling Equipment Market Analysis Report – https://www.marknteladvisors.com/research-library/saudi-arabia-construction-material-handling-equipment-market.html
Geographical Analysis: Saudi Arabia Construction Material Handling Equipment Market
By Region
- North
- East
- West
- South
- Central
Saudi Arabia Construction Material Handling Equipment Market Recent Development:
- 2025: Caterpillar introduced the MH3032, a 30-ton material handler ideal for scrap and recycling. It features Cat Payload, E-fence, and Swing Assist, offering nearly 15 meters of reach and improved safety and productivity on job sites.
- 2024: Volvo CE launched the electric L90 and L120 wheel loaders, designed for mid-size operation, offering 4–9 hours of runtime, fast DC charging, and dedicated electric motors for improved energy efficiency and lower emissions.
Key Questions Addressed in This Study
- What are the primary factors driving the growth of the Saudi Arabia Construction Material Handling Equipment Market?
- How is the Saudi Arabia Construction Material Handling Equipment Market expected to evolve over the next five years?
- What key insights can be drawn from current trends shaping the market?
- What is the current market size, and how is it forecasted to change in the coming years?
- What is the future outlook for the market in terms of technological innovation and geographic expansion?
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Why MarkNtel Advisors?
MarkNtel Advisors is a leading research, consulting, & data analytics firm that provides an extensive range of strategic reports on diverse industry verticals. We deliver data to a substantial & varied client base, including multinational corporations, financial institutions, governments, & individuals, among others.
Our specialization in niche industries informed way and entail parameters like Go-to-Market (GTM), product development, feasibility analysis, project scoping, market segmentation, competitive benchmarking, market sizing & forecasting, & trend analysis, among others, for 15 diverse industrial verticals.
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