Saudi Arabia Construction Material Handling Equipment Market Size, Share and Forecast Analysis to 2030

Jackson Harris
1 day ago
4 min read

Future of Saudi Arabia Construction Material Handling Equipment Market: Key Dynamics, Size & Share Analysis

The Saudi Arabia Construction Material Handling Equipment Market size was valued at around USD 1.77 billion in 2024 and is projected to reach USD 2.91 billion by 2030. The market is also estimated to grow at a CAGR of around 8.11% during the forecast period, i.e., 2025-30. The main reason behind this market growth is based on several factors such as a rise in foreign investments in the construction sector of Saudi Arabia, advancements in technology, an increase in demand for autonomous-driven equipment, government initiatives towards boosting infrastructure, and others.

Top Challenges Impacting the Saudi Arabia Construction Material Handling Equipment Market Growth

Increasing Rental Services of Material Handling Equipment – The rising construction activities in Saudi Arabia have increased the rental services of the machinery. This is due to the low-cost accessibility of the equipment, no maintenance cost, short-term projects, and others. The purchasing cost of the material handling equipment is high. Thus, purchasing it for short-term construction projects is not preferred as it raises the inventory for the storage of the equipment. As a result, renting of the machinery is preferred as it is low-cost and no additional cost, such as maintenance, inventory, is required. Thus, increasing the adoption of rental services across the nation. Several rental service providers, such as Al Marwan, have enlarged their services by adding about 19 new Sinboom articulate lifts to the region in 2025. Such new partnerships and enlargements of the rental services hamper the growth of the market.

Understanding the Core Segments in the Saudi Arabia Construction Material Handling Equipment Market

Saudi Arabia Construction Material Handling Equipment Market Size, Share & Industry Trends Analysis- Saudi Arabia Construction Material Handling Equipment Market - By Equipment (Crane, Forklift, [Counterbalance Forklift, Reach Forklift, Loader, Backhoe Loader, Skid Steer Loader, Track Loader, Wheeled Loader, Telehandler, Others]), By End User (Construction, [Commercial, Residential, Industrial, Ports, Warehouses]), and others.

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Geographical Analysis of the Saudi Arabia Construction Material Handling Equipment Market

East- Market Size & Forecast 2020-2030, (Thousand Units)
West- Market Size & Forecast 2020-2030, (Thousand Units)
South- Market Size & Forecast 2020-2030, (Thousand Units)
Central- Market Size & Forecast 2020-2030, (Thousand Units)

Who Dominates the Saudi Arabia Construction Material Handling Equipment Market Insights on Key Industry Players?

Companies are strengthening their presence in the consumer electronics market by adopting strategies such as forming strategic alliances, leveraging AI, entering partnerships, pursuing mergers and acquisitions, expanding into new regions, and introducing innovative products and services.d

Caterpillar
CNH Industrial
Komatsu
Volvo Group
Sumitomo Heavy Industries, Ltd.
Hitachi Construction Machinery Global
XCMG Group
Doosan Bobcat
HD Hyundai Xitesolution
Manitowoc Company, Inc. and Others.

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MarkNtel Advisors is a globally recognized Industry Research Report Firm delivering actionable intelligence across the construction and mining industry, covering building management, construction materials, and construction technology & equipment. As a trusted Market Research Reports provider, we deliver Business Research and analytical insights at global, regional, and country levels, helping developers, equipment manufacturers, and investors evaluate infrastructure trends, material innovations, and smart construction initiatives. Our studies integrate Financial Services analytics, supply chain assessments, and Market Forecast modeling to deliver precision-driven insights. Leveraging advanced Business Analysis and project intelligence, clients gain a competitive edge in navigating regulatory frameworks and capital-intensive environments. Backed by specialized Consulting Services, MarkNtel Advisors empowers stakeholders to design scalable growth strategies, optimize investments, and enhance efficiency across global construction and mining markets.

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