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The market for earthmoving equipment in Saudi Arabia will grow at an impressive CAGR of around 11% until the end of 2020. Sustained growth of the economy in Saudi Arabia coupled with the steady development of the construction market will increase the number of construction projects in this region. This increase in the number of construction activities will, in turn, foster the earth moving equipment demand during the next few years. Also, factors like the recent increase in new railway lines and projects will also help in the strong growth of this market during the forecast period. In Saudi Arabia, railways are an efficient mode of transportation for trading, as they connect major seaports in the region. For instance, the north-south railway line, which is the largest railway line in Saudi Arabia, links the primary phosphate and bauxite mining center in Baitha with the processing centers in Ras al-Zou. Due to the expansion of railway lines in this region, the demand for earthmoving equipment like loaders will increase as they help to remove the debris that is created during the construction of new railway tracks.
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PART 01: Executive summary
PART 02: Scope of the report
PART 03: Market research methodology
PART 04: Introduction
PART 05: Industry overview
PART 06: Market landscape
PART 07: Market segmentation by type
PART 08: Market drivers
PART 09: Impact of drivers
PART 10: Market challenges
PART 11: Impact of drivers and challenges
PART 12: Market trends
PART 13: Vendor landscape
PART 14: Appendix
PART 15: Explore Technavio
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