
Global & Saudi Arabia Heavy Construction Equipment Market to 2031
Description
Saudi Arabia has been undergoing major infrastructure and development transformations in recent years, driven by its Vision 2030 strategy, which aims to diversify the economy, lessen reliance on oil, and improve the quality of life for its citizens. This ambitious vision has spurred substantial investments across infrastructure, tourism, energy, and technology sectors.
NEOM:
NEOM is Saudi Arabia’s flagship $500 billion smart city and technological hub located in the country’s northwest. Designed as a futuristic city powered by renewable energy, it incorporates advanced AI, sustainable urban planning, and cutting-edge infrastructure. A key component, The LINE project, is a 170-kilometer linear city within NEOM that aims to revolutionize urban living by eliminating cars and offering vertically integrated communities connected by public transportation.
Riyadh Metro:
The Riyadh Metro is one of the region’s most ambitious public transit initiatives, featuring six lines that span 176 kilometers. This mass transit system is set to transform mobility in the capital by easing traffic congestion, improving air quality, and providing efficient public transportation. The project is slated for completion by 2024.
Jeddah Waterfront and Development:
The Jeddah Waterfront Project is a major urban development aimed at transforming Jeddah’s coastline into a premier tourist destination. It includes the creation of waterfront parks, commercial areas, luxury hotels, and residential complexes, all designed to boost tourism and enhance the city’s visual appeal.
In 2024, Saudi Arabia maintained its focus on developing advanced infrastructure projects, ranging from smart cities to renewable energy and tourism hubs. These efforts align with Vision 2030’s goals of reducing oil dependence, generating employment, raising living standards, and attracting global investment. The surge in infrastructure development has significantly increased the demand for heavy construction equipment across the kingdom.
NEOM:
NEOM is Saudi Arabia’s flagship $500 billion smart city and technological hub located in the country’s northwest. Designed as a futuristic city powered by renewable energy, it incorporates advanced AI, sustainable urban planning, and cutting-edge infrastructure. A key component, The LINE project, is a 170-kilometer linear city within NEOM that aims to revolutionize urban living by eliminating cars and offering vertically integrated communities connected by public transportation.
Riyadh Metro:
The Riyadh Metro is one of the region’s most ambitious public transit initiatives, featuring six lines that span 176 kilometers. This mass transit system is set to transform mobility in the capital by easing traffic congestion, improving air quality, and providing efficient public transportation. The project is slated for completion by 2024.
Jeddah Waterfront and Development:
The Jeddah Waterfront Project is a major urban development aimed at transforming Jeddah’s coastline into a premier tourist destination. It includes the creation of waterfront parks, commercial areas, luxury hotels, and residential complexes, all designed to boost tourism and enhance the city’s visual appeal.
In 2024, Saudi Arabia maintained its focus on developing advanced infrastructure projects, ranging from smart cities to renewable energy and tourism hubs. These efforts align with Vision 2030’s goals of reducing oil dependence, generating employment, raising living standards, and attracting global investment. The surge in infrastructure development has significantly increased the demand for heavy construction equipment across the kingdom.
Table of Contents
100 Pages
- 1. Introduction
- 1.1 Report Guidance
- 1.2 Market Segmentation
- 2. Executive Summary
- 2.1 Key Insights
- 3. Research Methodology
- 3.1 Secondary Research
- 3.2 Primary Research
- 3.2.1 Data Triangulation and Validation:
- 4. Saudi Arabia Heavy Construction Equipment Market Landscape
- 4.1 Overview
- 4.2 Ecosystem Analysis
- 4.2.1 List of Vendors in the Value Chain
- 5. Heavy Construction Equipment Market Key Market Dynamics
- 5.1 Heavy Construction Equipment Market – Key Market Dynamics
- 5.2 Market Drivers
- 5.3 Market Restraints
- 5.4 Market Opportunities
- 5.5 Future Trends
- 5.6 Impact of Drivers and Restraints
- 6. Saudi Arabia Heavy Construction Equipment Market – Analysis
- 6.1 Saudi Arabia Heavy Construction Equipment Market Revenue (US$ Million), 2021–2031
- 6.2 Saudi Arabia Heavy Construction Equipment Market Revenue and Forecast Analysis
- 7. Saudi Arabia Heavy Construction Equipment Market Analysis – by Type
- 7.1 Saudi Arabia Heavy Construction Equipment Market – Revenue and Forecast, 2021–2031 (US$ Million) – by Type
- 8. Saudi Arabia Heavy Construction Equipment Market Analysis – by Power Output
- 8.1 Saudi Arabia Heavy Construction Equipment Market – Revenue and Forecast, 2021–2031 (US$ Million) – by Power Output
- 9. Saudi Arabia Heavy Construction Equipment Market Analysis – by Propulsion Type
- 9.1 Saudi Arabia Heavy Construction Equipment Market – Revenue and Forecast, 2021–2031 (US$ Million) – by Propulsion Type
- 10. Saudi Arabia Heavy Construction Equipment Market Analysis – by End-use Industry
- 10.1 Saudi Arabia Heavy Construction Equipment Market – Revenue and Forecast, 2021–2031 (US$ Million) – by End-use Industry
- 11. Competitive Landscape
- 11.1 Heat Map Analysis by Key Players
- 11.1 Company Positioning and Concentration
- 12. Industry Landscape
- 12.1 Overview
- 12.2 Market Initiative
- 12.2 Partnerships and Collaborations
- 12.2 Other Developments
- 13. Company Profiles
- 13.1 AB Volvo
- 13.1. 1 Key Facts
- 13.1. 2 Business Description
- 13.1. 3 Products and Services
- 13.1. 4 Financial Overview
- 13.1. 5 SWOT Analysis
- 13.1. 6 Key Developments
- 13.2 Caterpillar Inc
- 13.2. 1 Key Facts
- 13.2. 2 Business Description
- 13.2. 3 Products and Services
- 13.2. 4 Financial Overview
- 13.2. 5 SWOT Analysis
- 13.2. 6 Key Developments
- 13.3 Komatsu Ltd
- 13.3. 1 Key Facts
- 13.3. 2 Business Description
- 13.3. 3 Products and Services
- 13.3. 4 Financial Overview
- 13.3. 5 SWOT Analysis
- 13.3. 6 Key Developments
- 13.4 Hitachi Construction Machinery Co Ltd
- 13.4. 1 Key Facts
- 13.4. 2 Business Description
- 13.4. 3 Products and Services
- 13.4. 4 Financial Overview
- 13.4. 5 SWOT Analysis
- 13.4. 6 Key Developments
- 13.5 Liebherr-International AG
- 13.5. 1 Key Facts
- 13.5. 2 Business Description
- 13.5. 3 Products and Services
- 13.5. 4 Financial Overview
- 13.5. 5 SWOT Analysis
- 13.5. 6 Key Developments
- 13.6 Terex Corp
- 13.6. 1 Key Facts
- 13.6. 2 Business Description
- 13.6. 3 Products and Services
- 13.6. 4 Financial Overview
- 13.6. 5 SWOT Analysis
- 13.6. 6 Key Developments
- 13.7 Doosan Corp
- 13.7. 1 Key Facts
- 13.7. 2 Business Description
- 13.7. 3 Products and Services
- 13.7. 4 Financial Overview
- 13.7. 5 SWOT Analysis
- 13.7. 6 Key Developments
- 13.8 Deere & Co
- 13.8. 1 Key Facts
- 13.8. 2 Business Description
- 13.8. 3 Products and Services
- 13.8. 4 Financial Overview
- 13.8. 5 SWOT Analysis
- 13.8. 6 Key Developments
- 13.9 Sany Heavy Industry Co Ltd
- 13.9. 1 Key Facts
- 13.9. 2 Business Description
- 13.9. 3 Products and Services
- 13.9. 4 Financial Overview
- 13.9. 5 SWOT Analysis
- 13.9. 6 Key Developments
- 13.10 J C Bamford Excavators Ltd
- 13.10. 1 Key Facts
- 13.10. 2 Business Description
- 13.10. 3 Products and Services
- 13.10. 4 Financial Overview
- 13.10. 5 SWOT Analysis
- 13.10. 6 Key Developments
- 13.11 Hyundai Engineering & Construction Co Ltd
- 13.11. 1 Key Facts
- 13.11. 2 Business Description
- 13.11. 3 Products and Services
- 13.11. 4 Financial Overview
- 13.11. 5 SWOT Analysis
- 13.11. 6 Key Developments
- 14. Appendix
- 14.1 About Business Market Insights
- 14.2 List of Abbreviations
- TABLE OF TABLES
- Table 1. Saudi Arabia Heavy Construction Equipment Market Segmentation
- Table 2. List of Vendors
- Table 3. Saudi Arabia Heavy Construction Equipment Market – Revenue, 2021–2024 (US$ Million)
- Table 4. Saudi Arabia Heavy Construction Equipment Market – Revenue Forecast, 2025–2031 (US$ Million)
- Table 5. Saudi Arabia Heavy Construction Equipment Market – Revenue, 2021–2024 (US$ Million) – by Type
- Table 6. Saudi Arabia Heavy Construction Equipment Market – Revenue Forecast, 2025–2031 (US$ Million) – by Type
- Table 7. Saudi Arabia Heavy Construction Equipment Market – Revenue, 2021–2024 (US$ Million) – by Power Output
- Table 8. Saudi Arabia Heavy Construction Equipment Market – Revenue Forecast, 2025–2031 (US$ Million) – by Power Output
- Table 9. Saudi Arabia Heavy Construction Equipment Market – Revenue, 2021–2024 (US$ Million) – by Propulsion Type
- Table 10. Saudi Arabia Heavy Construction Equipment Market – Revenue Forecast, 2025–2031 (US$ Million) – by Propulsion Type
- Table 11. Saudi Arabia Heavy Construction Equipment Market – Revenue, 2021–2024 (US$ Million) – by End-use Industry
- Table 12. Saudi Arabia Heavy Construction Equipment Market – Revenue Forecast, 2025–2031 (US$ Million) – by End-use Industry
- Table 13. List of Abbreviations
- TABLE OF FIGURES
- Figure 1. Impact Analysis of Drivers and Restraints
- Figure 2. Saudi Arabia Heavy Construction Equipment Market Revenue, (US$ Million), 2021–2031
- Figure 3. Heat Map Analysis by Key Players
- Figure 4. Company Positioning and Concentration
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