Saudi Arabia Earthmoving Equipment Rental Market Analysis, 2020

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 

1. 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 Earthmoving Equipment Rental Market?
2. What are the region wise industry size, growth drivers and challenges key market trends of Saudi Arabia Earthmoving Equipment Rental Market?
3. What are the opportunities and regulations in the Saudi Arabia Earthmoving Equipment Rental Market?  
4. Who are the key competitors or market players and how they perform in Saudi Arabia Earthmoving Equipment Rental Market on the basis of competitive benchmarking matrix?
5. What are the key results derived from the market surveys conducted during the course of Saudi Arabia Earthmoving Equipment Rental Market study?   

Market Outlook, Segmentation and Statistics 

• Market Size & Analysis
  • Market Revenues
• Market Share & Analysis
  • By Type of Equipment
    • Excavator
      • Back hoe
      • Dragline
      • Suction excavators
      • Power shovels
      • Others
    • Graders
      • Rigid Frame
      • Articulated Frame
    • Loaders
      • Track Loaders
      • Wheel Loaders
    • Bulldozers
      • Crawler bulldozer
      • Wheeled bulldozer
      • Mini dozers
    • Trenchers
      • Ladder trenchers
      • Wheel trenchers
  • By Region
    • West
    • East
    • South
    • Central
  • By End Users
    • Residential
    • Commercial
    • Industrial
  • By Company
    • Revenue Shares
    • Strategic Factorial Indexing
    • Competitor Placement in MarkNtel Quadrant
• Saudi Arabia Excavator Rental Market Analysis, 2015-2025(USD Million)
• Saudi Arabia Grader Rental Market Analysis, 2015-2025(USD Million)
• Saudi Arabia Loader Rental Market Analysis, 2015-2025(USD Million)
• Saudi Arabia Bulldozer Rental Market Analysis, 2015-2025(USD Million)
• Saudi Arabia Trenchers Rental Market Analysis, 2015-2025(USD Million)
• Saudi Arabia Earthmoving Equipment Rental Market Winning Strategies 
  • Investment Scenario
  • Hotspots
• Saudi Arabia Earthmoving Equipment Rental Market, Porter’s Five Forces Analysis
• Competitive Benchmarking
  • Competition Matrix
  • Company Profile

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.