Saudi Arabia Construction Equipment Market Sale to Reach 52.62 Thousand Units by 2030, Fueled by Infrastructure Boom –Arizton

According to Arizton’s latest research, the Saudi Arabia construction equipment market is projected to grow at a CAGR of 5.92% from 2024 to 2030, with sales expected to reach 52.62 thousand units by 2030, up from 37.27 thousand units in 2024. This growth is fueled by large-scale infrastructure projects under Vision 2030, rising urban development, and the Kingdom’s shift toward sustainable and diversified construction practices.

Looking for More Information? Click: https://www.arizton.com/market-reports/saudi-arabia-construction-equipment-market

Report Scope:

Market Size- Volume (2030): 52.62 Thousand Units

Market Size- Volume (2024): 37.27 Thousand Units

CAGR- Volume (2024-2030): 5.92%

Market Size- Revenue (2030): USD 3.72 Billion

Historic Year: 2021-2023

Base Year: 2024

Forecast Year: 2025-2030

Equipment Type: Earthmoving Equipment, Road Construction Equipment, Material Handling Equipment, And Other Equipment

End-Users: Construction, Mining, Manufacturing, And Others

Saudi Arabia Construction Equipment Market – Key Trends and Growth Drivers

Saudi Arabia Champions a Green Hydrogen Economy

Saudi Arabia is spearheading efforts toward a hydrogen-fueled future, with a national goal of achieving net-zero emissions by 2060. Through strategic partnerships and forward-thinking initiatives such as NEOM’s hydrogen program, the Kingdom is investing heavily in green hydrogen production. This transition is fostering the development of advanced hydrogen-fuel plants, laying the groundwork for the integration of hydrogen-powered engines in heavy industrial machinery.

Rising Trend of Waste-To-Energy Projects Drives the Sales of Wheeled Loaders

· In line with Vision 2030’s circular economy goals, Saudi Arabia is actively addressing waste management through innovative energy recovery initiatives. The Saudi Investment Recycling Company (SIRC) is leading this transformation with major investments in waste-to-energy infrastructure.

· In May 2025, SIRC signed a memorandum of understanding with U.S.-based EIG Management Company to develop key projects supporting waste treatment and circular practices. These efforts are expected to significantly boost demand for wheeled loaders and other essential equipment in the waste and recycling sector.

Real Estate Sector Growth Boosts Construction Activity

The Kingdom’s real estate sector continues to flourish, propelled by Vision 2030’s ambition to raise the homeownership rate to 70% by 2030. Government-led initiatives such as Wafi and Sakani are focused on expanding housing availability in the low to mid-income segments. Moreover, the government’s active collaboration with private developers is accelerating residential construction across Saudi Arabia, driving increased demand for construction equipment and supporting the growth of related industries.

Key Highlights – Saudi Arabia Construction Equipment Market

• Earthmoving equipment held the largest market share in 2024, with excavators leading the segment, driven by ongoing public infrastructure renovation projects.
• Material handling equipment demand is rising due to port expansions and the growth of logistics parks across the country.
• In March 2025, Mawani and DP World launched an $800 million expansion of the South Container Terminal at Jeddah Islamic Port, boosting equipment demand.
• The road construction equipment segment is growing at a CAGR of 5.46%, with strong sales of road rollers due to transit and airport expansions like the Riyadh Metro and King Abdulaziz International Airport.
• The residential construction sector showed strong growth, supported by programs such as Sakani and the National Housing Program, aligned with the 70% homeownership goal under Vision 2030.
• Foreign direct investment (FDI) is rising, with over 3,800 construction licenses issued in 2024, driven by mega-projects like NEOM and the Red Sea Project.

Tech-Driven Competition Reshapes Saudi Arabia’s Construction Equipment Market

Saudi Arabia’s construction equipment market is witnessing a dynamic shift as leading players like Caterpillar, Liebherr, Komatsu, Volvo CE, Hitachi, SANY, and XCMG continue to dominate with diverse offerings and strong market presence. Meanwhile, niche brands such as Terex, Tadano, and Bomag maintain stable footholds with limited product lines. Emerging companies including JCB, Zoomlion, and HD Hyundai Construction Equipment are disrupting the landscape by introducing advanced, tech-enabled machinery aimed at challenging the incumbents.

However, firms like AUSA, JLG, and Wacker Neuson face setbacks due to low diversification and slower adoption of innovation, signaling a competitive landscape increasingly driven by technology and specialization.

Looking for More Information? Click: https://www.arizton.com/market-reports/saudi-arabia-construction-equipment-market

Prominent Vendors

• Caterpillar
• Komatsu
• Volvo Construction Equipment
• Hitachi Construction Machinery
• Liebherr
• SANY
• Xuzhou Construction Machinery Group Co. Ltd. (XCMG)
• JCB
• Kobelco
• Zoomlion Heavy Industry Science&Technology Co., Ltd.

Other Prominent Vendors

• HD Hyundai Construction Equipment
• Liugong Machinery Co., Ltd.
• DEVELON
• Tadano Ltd.
• Terex Corporation
• Manitou
• BOMAG GmbH
• KATO WORKS CO., LTD.
• AUSA
• Wacker Neuson SE
• JLG Industries
• Toyota Material Handling International
• CNH Industrial N.V.

Distributor Profiles

• Kanoo Machinery
• Al-Futtaim Auto & Machinery Company
• Arabian Truck & Construction Equipment Co.
• Arabian Auto Agency (AAA)
• Al-Qahtani Vehicle & Machinery Company
• Abunayyan Trading Corporation (ATC)

Market Segmentation & Forecast

Segmentation by Type

Earthmoving Equipment

·        Excavator

·        Backhoe Loaders

·        Wheeled Loaders

·        Other Earthmoving Equipment (Other loaders, Bulldozers, Trenchers, Motor Graders)

Road Construction Equipment

·        Road Rollers

·        Asphalt Pavers

Material Handling Equipment

·        Crane

·        Forklift & Telescopic Handlers

·        Aerial Platforms (Articulated Boom Lifts, Telescopic Boom lifts, Scissor lifts)

Other Construction Equipment

·        Dumper

·        Tipper

·        Concrete Mixer

·        Concrete Pump Truck

Segmentation by End Users

·        Construction

·        Mining

·        Manufacturing

·  Others (Power Generation, Utilities Municipal Corporations, Oil & Gas, Cargo Handling, Power Generation Plants, Waste Management)

Other Related Reports that Might be of Your Business Requirement  

Turkey Construction Equipment Market - Strategic Assessment & Forecast 2024-2029

https://www.arizton.com/market-reports/turkey-construction-equipment-market

Qatar Construction Equipment Market - Strategic Assessment & Forecast 2024-2029

https://www.arizton.com/market-reports/qatar-construction-equipment-market

What Key Findings Will Our Research Analysis Reveal?  

·        How big is the Saudi Arabia construction equipment market?

·        What is the growth rate of the Saudi Arabia construction equipment market?

·        Which are the major distributor companies in the Saudi Arabia construction equipment market?

·        What are the trends in the Saudi Arabia construction equipment market?

·        Who are the key players in the Saudi Arabia construction equipment market?

Why Arizton?    

100% Customer Satisfaction    

24x7 availability – we are always there when you need us    

200+ Fortune 500 Companies trust Arizton's report    

80% of our reports are exclusive and first in the industry    

100% more data and analysis    

1500+ reports published till date  

Post-Purchase Benefit   

·        1hr of free analyst discussion  

·        10% off on customization  

About Us:    

Arizton Advisory and Intelligence is an innovative and quality-driven firm that offers cutting-edge research solutions to clients worldwide. We excel in providing comprehensive market intelligence reports and advisory and consulting services.

We offer comprehensive market research reports on consumer goods & retail technology, automotive and mobility, smart tech, healthcare, life sciences, industrial machinery, chemicals, materials, I.T. and media, logistics, and packaging. These reports contain detailed industry analysis, market size, share, growth drivers, and trend forecasts.

Arizton comprises a team of exuberant and well-experienced analysts who have mastered generating incisive reports. Our specialist analysts possess exemplary skills in market research. We train our team in advanced research practices, techniques, and ethics to outperform in fabricating impregnable research reports.

Contact Us    

Call: +1-312-235-2040                                                                                    

         +1 302 469 0707                                                                                   

Mail: enquiry@arizton.com                                                                                     

Contact Us: https://www.arizton.com/contact-us               

Blog: https://www.arizton.com/blog                                                                                     

Website: https://www.arizton.com/