Saudi Arabia Construction Equipment Rental Market Analysis, 2020

Name: Saudi Arabia Construction Equipment Rental Market Analysis, 2020
Creator: MarkNtel Advisors
License: https://www.marknteladvisors.com/privacy-policy

By Type (Earthmoving Equipment, Construction Vehicle, Material Handling Equipment, Other Construction and Tunneling Equipment), By End Users (Residential, Commercial, Industrial), ...By Geographic Region (North, West, South, East, Central), By Competitors (Zahid Tractor and Heavy Machinery Company, Bin Quraya, Rezayat Sparrow Arabian Crane Hire Co. Ltd., YounesFateh Al Khaja, Arabian Consolidated Trading Group – Crane & Heavy Equipment Rental, Arabian Machinery & Heavy Equipment Co. (AMHEC), Industrial Supplies Development Co. Ltd Rental and Service, Abdullah H. Al Shuwayer Company, Al Arabi Heavy Equipment Lease Company (AHELCO), Hertz Dayim Equipment Rental Co.) Read more

Buildings, Construction, Metals & Mining
Sep 2020
Pages 132
Report Format: PDF, Excel, PPT

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Saudi Arabia Construction Equipment Rental Market Analysis, 2020 research report depicts a deep-dive market analysis of statistics of Saudi Arabia Construction Equipment Rental market which consists of regional and country-wise market size, market forecast, CAGR market segmentation, market shares of diverse regions and countries, market share of various end users, applications, product type, technologies, competitive benchmarking, etc.

Market Opportunities

According to MarkNtel Advisors’ research report “Saudi Arabia Construction Equipment Rental Market Analysis, 2020”, the Saudi Arabia Construction Equipment Rental market is anticipated to grow at a CAGR of around 11% during 2020-25F. The market growth is attributed to the high cost associated with the purchase of the equipment, extensive public & private infrastructure construction projects, and rising demand for rental equipment due to their ease of availability, which have fueled the growth of Saudi Arabia's Earthmoving Equipment Rental market. Furthermore, a constant surge in the residential and commercial industry activities, boost in foreign direct investment, and considerable government focus toward expansion of metros & airports and upcoming new hotels & malls have resulted in the growth of Construction Equipment Rental market in Saudi Arabia.

Market Segmentation

Earthmoving Equipment Dominated the Market

Based on type of equipment, earthmoving equipment dominated the Saudi Arabia Construction Equipment Rental market in 2019 and is anticipated to maintain its dominance in the forecast period. Earthmoving equipment include skid-steer loaders, backhoe loaders, crawler excavators, and mini excavators. The demand for backhoes, loaders, and excavators is surging at a high rate due to a boost in residential and commercial construction activities. Apart from this, escalating construction work in the industries such as hospitality sector, commercial space and extensive government investment toward the infrastructural development are anticipated to upsurge the demand for earthmoving equipment rental in the country. Thus, this is projected to further lead to the growth of the Construction Equipment Rental market in Saudi Arabia in the near future as stated in MarkNtel Advisors’ research report “Saudi Arabia Construction Equipment Rental Market Analysis, 2020”.

Impact of COVID-19

The COVID-19 pandemic has hampered the growth of Saudi Arabia Construction Equipment Rental market to a great extent owing to the halt on various construction activities in the residential, commercial and industrial sectors in the country.

Competitive Landscape

According to MarkNtel Advisors, the key players with a considerable market share in the Saudi Arabia Construction Equipment Rental market include Zahid Tractor and Heavy Machinery Company, Bin Quraya, Rezayat Sparrow Arabian Crane Hire Co. Ltd., YounesFateh Al Khaja, Arabian Consolidated Trading Group – Crane & Heavy Equipment Rental, Arabian Machinery & Heavy Equipment Co. (AMHEC), Industrial Supplies Development Co. Ltd Rental and Service, Abdullah H. Al Shuwayer Company, Al Arabi Heavy Equipment Lease Company (AHELCO), Hertz Dayim Equipment Rental Co. etc.

Key Questions Answered in the Market Research Report:

What are the key overall market statistics or market estimates (Market Overview, Market Size- By Value, Forecast Numbers, Market Segmentation, Market Shares) of Saudi Arabia Construction Equipment Rental Market?
What is the region wise industry size, growth drivers and challenges key market trends?
What are the key innovations, technology upgrades, opportunities, regulations in the Saudi Arabia Construction Equipment Rental Market?
Who are the key competitors or market players and how they perform in Saudi Arabia Construction Equipment Rental Market based on competitive benchmarking matrix?
What are the key results derived from the market surveys conducted during the course of Saudi Arabia Construction Equipment Rental Market study?

Frequently Asked Questions

A. The historical data has been provided since 2015, while the base year is 2019 and the data is forecast up-to 2025.

A. The market size/industry size or the market value is measured in terms of USD Million.

A. The growth rate of Saudi Arabia Construction Equipment Rental Market during 2020-25 is forecast to be grow at a CAGR of 11%

A. Zahid Tractor and Heavy Machinery Company, Bin Quraya, Rezayat Sparrow Arabian Crane Hire Co. Ltd., YounesFateh Al Khaja, Arabian Consolidated Trading Group – Crane & Heavy Equipment Rental, Arabian Machinery & Heavy Equipment Co. (AMHEC), Industrial Supplies Development Co. Ltd Rental and Service, Abdullah H. Al Shuwayer Company, Al Arabi Heavy Equipment Lease Company (AHELCO), Hertz Dayim Equipment Rental Co., are few of the leading players in the Saudi Arabia Construction Equipment Rental Market.

A. Commercial is expected to attain the highest CAGR during the forecast period and maintain its significant market share.

A. Earthmoving equipment grabbed a significant market share continue to grow at a highest CAGR, presenting immense opportunities for market players of Saudi Arabia Construction Equipment Rental Market.

Introduction
1. Research Process
2. Product/Service Overview
3. Market Segmentation
4. Assumptions
Executive Summary
Expert Verbatim- What our Experts Say?
Saudi Arabia Macroeconomic Outlook & Impact of Covid-19
Saudi Arabia Construction Equipment Rental Market Analysis, 2015-2025F
1. Market Size & Analysis
  1. Market Revenues
2. Market Share & Analysis
  1. By Type of Equipment
    1. Earth Moving Equipment
    2. Construction Vehicle
    3. Material Handling Equipment
    4. Other Construction and Tunneling Equipment
  2. By Emirates
    1. Central
    2. West
    3. East
    4. South
  3. By End Users
    1. Residential
    2. Commercial
    3. Industrial
  4. By Company
    1. Revenue Shares
    2. Strategic Factorial Indexing
    3. Competitor Placement in MarkNtel Quadrant
Saudi Arabia Earthmoving Equipment Rental Market Analysis, 2015-2025F
1. Market Size & Analysis
  1. Market Revenues
2. Market Share & Analysis
  1. By Type of Equipment
    1. Excavator
    2. Grader
    3. Loader
    4. Bulldozer
  2. By Region
  3. By End Users
  4. Earthmoving Equipment Wise Rental Analysis
Saudi Arabia Construction Vehicle Rental Market Analysis, 2015-2025F
1. Market Size & Analysis
  1. Market Revenues
2. Market Share & Analysis
  1. By Type of Equipment
    1. Tipper
  2. By Region
  3. By End Users
3. Construction Vehicle Wise Rental Analysis
Saudi Arabia Material Handling Equipment Rental Market Analysis, 2015-2025F
1. Market Size & Analysis
  1. Market Revenues
2. Market Share & Analysis
  1. By Type of Equipment
    1. Forklifts
    2. Cranes
  2. By Region
  3. By End Users
3. Material Handling Equipment Wise Rental Analysis
4. Earthmoving Equipment Wise Rental Analysis
Saudi Arabia Construction Vehicle Rental Market Analysis, 2015-2025F
1. Market Size & Analysis
  1. Market Revenues
2. Market Share & Analysis
  1. By Type of Equipment
    1. Tipper
  2. By Region
  3. By End Users
3. Construction Vehicle Wise Rental Analysis
Saudi Arabia Material Handling Equipment Rental Market Analysis, 2015-2025F
1. Market Size & Analysis
  1. Market Revenues
2. Market Share & Analysis
  1. By Type of Equipment
    1. Forklifts
    2. Cranes
3. By Region
4. By End Users
5. Material Handling Equipment Wise Rental Analysis
Saudi Arabia Other Construction & Tunneling Equipment Rental Market Analysis, 2015-2025F
1. Market Size & Analysis
  1. Market Revenues
2. Market Share & Analysis
  1. By Type of Equipment
    1. Roadrollers
    2. Diesel Generator Sets
  2. By Region
  3. By End Users
3. Other Construction & Tunneling Equipment Wise Rental Analysis
Saudi Arabia Construction Equipment Rental Market Attractiveness Indexing, 2015-2025F
1. By Type of Equipment
2. By Type of Products
3. By Region
Saudi Arabia Construction Equipment Rental Market Trends & Developments
1. Saudi Arabia Construction Equipment Rental Market Dynamics
2. Impact Analysis
3. Drivers
4. Challenges
Saudi Arabia Construction Equipment Rental Market, Porter’s Fiver Forces Analysis
Competitive Benchmarking
1. Competition Matrix
2. Product Portfolio
3. Target Markets
4. Target End Users
5. Research & Development
6. Strategic Alliances
7. Strategic Initiatives
Company Profiles (Business Description, Product Offering, Strategic Alliances or Partnerships, etc.)
1. Zahid Tractor and Heavy Machinery Company
2. General Contracting Company (GCC)
3. Bin Quraya Rental
4. Industrial Supplies Development Co. Ltd. (ISDC Rental Company)
5. Abdulla Nass & Partners Co. Ltd. (ANPC)
6. Saad Al Qahtani Contracting (SAQCO)
7. Arabian Consolidated Trading Group - Crane & Heavy Equipment Rental
8. Altaaqa Alternative Solutions Co. Ltd.
9. Al Faris
10. Rezayat Sparrow Arabian Crane Hire Co. Ltd
Disclaimer

MarkNtel Advisors follows a robust and iterative research methodology designed to ensure maximum accuracy and minimize deviation in market estimates and forecasts. Our approach combines both bottom-up and top-down techniques to effectively segment and quantify various aspects of the market. A consistent feature across all our research reports is data triangulation, which examines the market from three distinct perspectives to validate findings. Key components of our research process include:

1. Scope & Research Design At the outset, MarkNtel Advisors define the research objectives and formulate pertinent questions. This phase involves determining the type of research—qualitative or quantitative—and designing a methodology that outlines data collection methods, target demographics, and analytical tools. They also establish timelines and budgets to ensure the research aligns with client goals.

2. Sample Selection and Data Collection In this stage, the firm identifies the target audience and determines the appropriate sample size to ensure representativeness. They employ various sampling methods, such as random or stratified sampling, based on the research objectives. Data collection is carried out using tools like surveys, interviews, and observations, ensuring the gathered data is reliable and relevant.

3. Data Analysis and Validation Once data is collected, MarkNtel Advisors undertake a rigorous analysis process. This includes cleaning the data to remove inconsistencies, employing statistical software for quantitative analysis, and thematic analysis for qualitative data. Validation steps are taken to ensure the accuracy and reliability of the findings, minimizing biases and errors.

4. Data Forecast and FinalizationThe final phase involves forecasting future market trends based on the analyzed data. MarkNtel Advisors utilize predictive modeling and time series analysis to anticipate market behaviors. The insights are then compiled into comprehensive reports, featuring visual aids like charts and graphs, and include strategic recommendations to inform client decision-making

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