The revival of crude oil prices in 2017 has positively impacted the growth of the construction sector. The growing support of the government to diversify the economy from oil sector has boosted infrastructure development in the country. The increasing construction projects in the residential and commercial sector is anticipated to strongly contribute to the growth of Saudi Arabia earthmoving equipment rental market in the years to come.
According to the MarkNtel Advisors’ research report, “Saudi Arabia Earthmoving Equipment Rental Market Analysis, 2020”, the earthmoving equipment rental market is projected to register a CAGR of around 10% during 2020-25. The excavator grabbed the highest market share in the overall Saudi Arabia earthmoving equipment rental market in 2019 on account of the increasing initiatives by the government such as Saudi Vision 2030 to boost infrastructure development. Moreover, the increasing number of pilgrims in the country is projected to surge the growth of the hospitality sector. Under the Saudi Vision 2030, the Hajj and Umrah Program has been introduced, which provides emphasis on establishing more mosques and metro rail projects to offer quality services to the pilgrims. Therefore, it is anticipated to strongly impact the growth of the Saudi Arabia earthmoving equipment market in the forthcoming period.
As per MarkNtel Advisors’ study, the companies that have captured a significant market share in Saudi Arabia earthmoving equipment rental market include Zahid Tractor and Heavy Machinery, Bin Quraya Rental, Saad Al Qahtani Contracting, Arabian Consolidated Trading Group, Al Faris, etc.
Key Questions Answered in the Market Research Report
Market Outlook, Segmentation and Statistics
Frequently Asked Questions
Q. What is the historical year, base year and forecast year considered in the research report on Saudi Arabia Earthmoving Equipment Rental market?
A. The historical data has been provided since 2015, while the base year is 2019 and the data is forecasted up-to 2025.
Q. What are the units or denomination for measuring market value in the report?
A. The market size/industry size or the market value is measured in terms of USD Million in the report.
Q. What would be the growth rate or CAGR Saudi Arabia earthmoving equipment rental market during 2020-25?
A. The CAGR of Saudi Arabia earthmoving equipment rental market during 2020-25 is forecast to grow at a CAGR of around 10%.
Q. Which equipment would grab the highest market share during 2020-25?
A. It is forecasted that the excavator grabbed the highest market share in the overall Saudi Arabia earthmoving equipment rental market and it will dominate the market with a majority market share.
Q. Who are the key competitors or players operating in Saudi Arabia Earthmoving Equipment Rental Market?
A. Zahid Tractor and Heavy Machinery, Bin Quraya Rental, Saad Al Qahtani Contracting, Arabian Consolidated Trading Group, Al Faris are few of the leading players in the Saudi Arabia Earthmoving Equipment Rental Market.
Q. Which end user segment would emerge as an opportunity area for players in Saudi Arabia Earthmoving Equipment Rental market?
A. The Residential and commercial grabbed the highest market share in the Saudi Arabia earthmoving equipment rental market.
1. Introduction
1.1. Research Process
1.2. Product/Service Overview
1.3. Market Segmentation
1.4. Assumptions
2. Executive Summary
3. Expert Verbatim- What our Experts Say?
4. Saudi Arabia Macroeconomic Outlook
5. Saudi Arabia Earthmoving Equipment Rental Market Analysis, 2015-2025
5.1. Market Size & Analysis
5.1.1. Market Revenues
5.2. Market Share & Analysis
5.2.1. By Type of Equipment
5.2.1.1. Excavator
5.2.1.2. Graders
5.2.1.3. Loaders
5.2.1.4. Bulldozers
5.2.1.5. Trenchers
5.2.2. By Region
5.2.2.1. West
5.2.2.2. East
5.2.2.3. South
5.2.2.4. Central
5.2.3. By End Users
5.2.3.1. Residential
5.2.3.2. Commercial
5.2.3.3. Industrial
5.2.4. By Company
5.2.4.1. Revenue Shares
5.2.4.2. Strategic Factorial Indexing
5.2.4.3. Competitor Placement in MarkNtel Quadrant
6. Saudi Arabia Excavator Rental Market Analysis, 2015-2025
6.1. Market Size & Analysis
6.1.1. Market Revenues
6.2. Market Share & Analysis
6.2.1. By Type
6.2.1.1. Back hoe
6.2.1.2. Dragline
6.2.1.3. Suction excavators
6.2.1.4. Power shovels
6.2.1.5. Others
6.2.2. By Weight
6.2.2.1. Upto 10 tons
6.2.2.2. 10 to 30 tons
6.2.2.3. More than 30 tons
6.2.3. By Region
6.2.4. By Company
6.3. Saudi Arabia Excavator Rental Details
7. Saudi Arabia Grader Rental Market Analysis, 2015-2025
7.1. Market Size & Analysis
7.1.1. Market Revenues
7.2. Market Share & Analysis
7.2.1. By Type
7.2.1.1. Rigid Frame
7.2.1.2. Articulated Frame
7.2.2. By Blade Width
7.2.2.1. Upto 5m
7.2.2.2. More than 5 m
7.2.3. By Region
7.2.4. By Company
7.3. Saudi Arabia Grader Rental Details
8. Saudi Arabia Loader Rental Market Analysis, 2015-2025
8.1. Market Size & Analysis
8.1.1. Market Revenues
8.2. Market Share & Analysis
8.2.1. By Type
8.2.1.1. Track Loaders
8.2.1.2. Wheel Loaders
8.2.2. By Weight
8.2.2.1. Upto 30 ton
8.2.2.2. 30 - 60 ton
8.2.2.3. More than 60 ton
8.2.3. By Region
8.2.4. By Company
8.3. Saudi Arabia Loader Rental Details
9. Saudi Arabia Bulldozer Rental Market Analysis, 2015-2025
9.1. Market Size & Analysis
9.1.1. Market Revenues
9.2. Market Share & Analysis
9.2.1. By Type
9.2.1.1. Crawler bulldozer
9.2.1.2. Wheeled bulldozer
9.2.1.3. Mini dozers
9.2.2. By Weight
9.2.2.1. Upto 10 ton
9.2.2.2. 11 - 30 ton
9.2.2.3. More than 30 ton
9.2.3. By Region
9.2.4. By Company
9.3. Saudi Arabia Bulldozer Rental Details
10. Saudi Arabia Trenchers Rental Market Analysis, 2015-2025
10.1. Market Size & Analysis
10.1.1. Market Revenues
10.2. Market Share & Analysis
10.2.1. By Type
10.2.1.1. Ladder trenchers
10.2.1.2. Wheel trenchers
10.2.2. By Region
10.2.3. By Company
10.3. Saudi Arabia Trenchers Rental Details
11. Saudi Arabia Earthmoving Equipment Rental Market Attractiveness Indexing, 2015-2025
11.1. By Type of Equipment
11.2. By Type of Products
11.3. By Region
12. Saudi Arabia Earthmoving Equipment Rental Market Trends & Developments
13. Saudi Arabia Earthmoving Equipment Rental Market Dynamics
13.1.Impact Analysis
13.2.Drivers
13.3.Challenges
14. Saudi Arabia Earthmoving Equipment Rental Market Winning Strategies, 2019
14.1.Investment Scenario
14.2.Hotspots
15. Saudi Arabia Earthmoving Equipment Rental Market, Porter’s Five Forces Analysis
16. Competitive Benchmarking
16.1.Competition Matrix
16.1.1. Product Portfolio
16.1.2. Target Markets
16.1.3. Target End Users
16.1.4. Research & Development
16.1.5. Strategic Alliances
16.1.6. Strategic Initiatives
16.2.Company Profiles (Business Description, Product Offering, Strategic Alliances or Partnerships, etc.)
16.2.1. Zahid Tractor and Heavy Machinery
16.2.2. Bin Quraya Rental
16.2.3. Saad Al Qahtani Contracting
16.2.4. Arabian Consolidated Trading Group
16.2.5. Al Faris
16.2.6. FAMCO
16.2.7. Hertz Dayim Equipment Rental
17. Disclaimer
