DUBLIN, Oct. 20, 2015 /PRNewswire/ -- Research and Markets (http://www.researchandmarkets.com/research/78jbm2/saudi_arabia) has announced the addition of the "Saudi Arabia Construction Equipment Market (2015-2021)" report to their offering.
Saudi Arabia's Construction Equipment Market is projected to grow at a rate of 8.75% during the forecast period on account of growing construction market, expansion of energy sector with several projects, expanding public & private infrastructures and surging investments.
Saudi Arabia Construction Equipment market has registered a considerable growth due to growing construction market, expansion of metros & airports, upcoming new hotels & malls and growing Metal & Mining sector across the country. In addition, rising government expenditure across infrastructure development have further assisted the market.
In 2014, loaders accounted for 28.8% of market share in overall market followed by crane and construction tractor. During 2015-21, share of loader is expected to increase further to reach 34.5% growing at a CAGR of 11.6% by 2021.
Amongst all verticals, construction vertical accounted for total 52.6% of the market share and is expected to dominate in the forecast period due to growing investments in the country.
The report thoroughly covers the market by Construction Equipment types, by verticals, and by regions. The report provides the unbiased and detailed analysis of the on-going trends, opportunities/high growth areas, market drivers which would help the stakeholders to device and align their market strategies according to the current and future market dynamics.
Saudi Arabia construction equipment market report has been segmented into equipment types, end user applications and regions. The major companies in Saudi Arabia construction equipment market include, Caterpillar Inc, BEML Limited, AB Volvo, Komatsu, Hitachi Construction Machinery Limited, Mitsubishi Corporation and JCB."
Key Topics Covered:
1 Executive Summary
3 Global construction equipment Market Overview
4 Saudi Arabia construction equipment Market
5 Saudi Arabia construction equipment Market Dynamics
6 Saudi Arabia construction equipment Market Trends
7 Saudi Arabia Crane Market
8 Saudi Arabia Excavator Market
9 Saudi Arabia Loaders Market
10 Saudi Arabia Construction Tractor Market
11 Saudi Arabia Motor Grader Market
12 Saudi Arabia Motor Grader Market
13 Saudi Arabia Other construction equipment Market
14 Saudi Arabia construction equipment Market, By Application
15 Saudi Arabia construction equipment Market, By Region
16 Competitive Landscape
17 Company Profiles
- AB Volvo - BEML Limited - Caterpillar Inc - Doosan Infracore - Hitachi Construction Machinery Limited - Hyundai Heavy Industries - JCB - Komatsu - Mitsubishi Corporation - Saudi Liebherr Company Limited
For more information visit http://www.researchandmarkets.com/research/78jbm2/saudi_arabia
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SOURCE Research and Markets