Construction equipment

Saudi Arabia construction equipment rental market to reach $2.39 billion by 2027 – ResearchAndMarkets.com

DUBLIN–(BUSINESS WIRE)–The “Construction Equipment Rental Market in Saudi Arabia, by Equipment Type (Wheel Loader, Crane, Excavator, Bulldozer, Dump Truck, Diesel Generator, Motor Grader and Telehandler, Others), By Region, By Province, Competition, Forecast and Opportunities, 2017-2028” report has been added to from ResearchAndMarkets.com offer.

The Saudi construction equipment rental market is expected to grow at a stable CAGR of 7.57% to reach a value of USD 2,395.33 million by 2027. Factors such as favorable government policies and increasing infrastructure development are Saudi Arabia’s main drivers. Construction equipment rental market. Furthermore, shifting preference of end users towards adoption of construction equipment rental services due to their increased affordability and easy availability is expected to play a crucial role in accelerating market demand. during the forecast period.

Saudi Arabia mainly depends on the oil and gas industry to generate revenue. The government is trying to reduce its dependence on the oil and gas industry and diversify its sources of revenue by launching mega-budget plans like the national transformation program Saudi Vision 2030.

To achieve the goals set by the governing authorities, the government is promoting infrastructure development in the country. Several government-initiated projects including Red Sea Tourism Project, Qiddiya Entertainment City and Riyadh Metro are expected to drive the demand for construction equipment rental services during the forecast period. Ongoing infrastructure development activities are supported by the National Infrastructure Fund (NIF) in 2021 with the aim of attracting private investment and partnerships to the country.

Report Scope:

In this report, the Saudi construction equipment rental market has been segmented into the following categories, in addition to industry trends which have also been detailed below:

Saudi Arabia construction equipment rental market, by type of equipment:

  • wheel loader

  • Crane

  • Excavator

  • Bulldozer

  • Dumper

  • diesel generator

  • motor grader

  • Telehandler

  • Others

Saudi Arabia construction equipment rental market, by region:

  • South West

  • North and center

  • East

Saudi Arabia construction equipment rental market, by province:

  • East

  • Mecca

  • Riyadh

  • East

  • Asir

  • Medina

Main topics covered:

1. Presentation of services

2. Research methodology

3. Executive Summary

4. Impact of COVID-19 on the Saudi Arabia construction equipment rental market

5. Voice of the customer

6. Saudi Arabia Construction Equipment Leasing Market Outlook

7. Saudi Arabia Wheel Loader Rental Market Outlook

8. Saudi Arabia Crane Rental Market Outlook

9. Saudi Arabia Excavator Rental Market Outlook

10. Saudi Arabia Bulldozer Rental Market Outlook

11. Saudi Arabia Dump Truck Rental Market Outlook

12. Saudi Arabia Diesel Generator Rental Market Outlook

13. Saudi Arabia Motor Grader Rental Market Outlook

14. Saudi Arabia Telehandler Rental Market Outlook

15. Market Dynamics

16. Price Analysis

17. Policy and regulatory landscape

18. Market trends and developments

19. SWOT Analysis

20. Supply Chain Analysis

21. Saudi Arabia Economic Profile

22. Business Profiles

23. Strategic Recommendations

24. About the publisher and disclaimer

Companies cited

  • Zahid Tractor and Heavy Machinery Co. Ltd

  • General Corporate Contractor (GCC)

  • Bin Quraya for rental and heavy equipment

  • Industrial Supplies Development Co.Ltd. (ISDC rental company)

  • Abdulla Nass & Partners Co. Ltd. (ANPC)

  • Saad Al Qahtani Contracting Co. (SAQCO)

  • Arabian Consolidated Trading (ACT crane and heavy equipment)

  • Altaaqa Alternative Solutions Company

  • Al Faris Group

  • Rezayat Sparrow Arabian Crane Hire Co. Ltd

For more information about this report, visit https://www.researchandmarkets.com/r/vbm854


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