Saudi Arabia Construction Equipment Market Assessment & Forecasts Report 2023-2029 Featuring Prominent Vendors - Caterpillar, Volvo, Liebherr, Komatsu, Hitachi, Kobelco, CNH, JCB, XCMG, and SANY - ResearchAndMarkets.com
The Saudi Arabia construction equipment market is expected to grow at a CAGR of 5.47% during 2022 to 2029.
- The Saudi Arabia construction equipment market is expected to grow at a CAGR of 5.47% during 2022 to 2029.
- Earthmoving equipment accounted for the largest market share of 47.7% in Saudi Arabia construction equipment market in 2022.
- Hence, growth in the mining industry is expected to drive the sale of large excavators in the Saudi Arabia construction equipment market.
- Prominent vendors in the Saudi Arabia construction equipment market are Caterpillar, Volvo Construction Equipment, Liebherr, Komatsu, Hitachi Construction Machinery, Kobelco, CNH Industrials, JCB, XCMG, and SANY.