DUBLIN, Mar 13, 2017 /PRNewswire/ --

Research and Markets has announced the addition of the "Saudi Arabia Construction Equipment Market (2017-2022): Forecast by Equipment Types, Verticals, Regions and Competitive Landscape" report to their offering.

Saudi Arabia construction equipment market is projected to grow at a CAGR of 3.1% during 2017-22.

Growing construction market, expansion of metros & airports, construction of new hotels & malls along with growing metal & mining sectors are some of the key factors which have fuelled growth of the construction equipment market in Saudi Arabia. However, the market declined majorly in 2015 & 2016 due to slowdown in the construction sector. The slowdown was recorded owing to lower government spending on account of declining oil prices which halted or delayed several infrastructure projects.

Though, the market declined in last two years, but is anticipated to bounce back post 2018. In 2016, earthmoving equipment captured major share in the overall market followed by material handling equipment and cranes.

Amongst all the verticals, the construction vertical accounted for key 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 by types, by verticals and by regions. The report provides an 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.

Markets Covered:

The report provides the detailed analysis of the following market segments:

By Equipment Types:

- Mobile Crane
- Earthmoving Equipment

- Motor Grader
- Excavator
- Loaders

- Material Handling Equipment

- Telescopic Handlers
- Forklifts

- Aerial Work Platform

- Articulated Boom Lifts
- Telescopic Boom Lifts
- Scissor Lifts

- Crawler Dozers
- Dump Truck

By Verticals:

- Construction
- Energy Utilities
- Metal & Mining

By Regions:

- Central
- Eastern
- Western
- Southern

Key Topics Covered:

1 Executive Summary

2 Introduction

3 Global Construction Equipment Market Overview

4 Saudi Arabia Construction Equipment Market Overview

5 Saudi Arabia Construction Equipment Market Dynamics

6 Saudi Arabia Construction Equipment Market Trends

7 Saudi Arabia Mobile Crane Market Overview

8 Saudi Arabia Crawler Dozer Market Overview   

9 Saudi Arabia Earthmoving Equipment Market Overview   

10 Saudi Arabia Material Handling Equipment Market Overview

11 Saudi Arabia Dump Truck Market Overview

12 Saudi Arabia Aerial Work Platform Market Overview

13 Saudi Arabia Construction Equipment Market Overview, By Verticals

14 Saudi Arabia Construction Equipment Market Overview, By Regions   

15 Competitive Landscape

16 Company Profiles

17 Key Strategic Pointers

Companies Mentioned

- Caterpillar Incorporation
- CNH Industrial N.V.
- Doosan Intracore Construction Equipment
- Hitachi Construction Machinery Co., Ltd.
- Kobelco Construction Machinery Co., Ltd
- Komatsu Ltd
- Manitowoc Company, Inc.
- Tadano Ltd.
- Volvo Construction Equipment Corporation

For more information about this report visit http://www.researchandmarkets.com/research/lpk29m/saudi_arabia

Media Contact:

Research and Markets
Laura Wood, Senior Manager
press@researchandmarkets.com

For E.S.T Office Hours Call +1-917-300-0470
For U.S./CAN Toll Free Call +1-800-526-8630
For GMT Office Hours Call +353-1-416-8900

U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716

Related Links

http://www.researchandmarkets.com

SOURCE Research and Markets