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Article finance.yahoo.com

Saudi Arabia Construction Equipment Industry Research 2026-2031 Featuring Caterpillar, Komatsu, Hitachi, Volvo, Liebherr, SANY, XCMG, LiuGong, JCB, Zoomlion, Hyundai, Kobelco

finance.yahoo.com May 14, 2026 · 5:01 am Read Original
Bullish 65.0
−100 Bearish 0 +100 Bullish

The Saudi Arabia construction equipment market is projected to expand at a CAGR of 4.71% from 2024 to 2030, driven by Saudi Vision 2030's large-scale infrastructure projects. In 2025, earthmoving equipment, particularly excavators, dominated market share, with the 20-ton excavator being favored. Increasing investment in port and logistics facilities is boosting the demand for forklifts and cranes. Key players include Caterpillar, Komatsu, and SANY, while Arabian Trucks & Construction Equipment C

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Article Info
Source finance.yahoo.com
Published May 14, 2026 · 5:01 am
Article ID SQ7SACC
Original URL Open source
Sentiment Signal
Bullish 65.0
−100Neutral+100
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