Saudi Arabia Construction Material Handling Equipment Market Forecast 2030: Key Players & Emerging Trends

Saudi Arabia Construction Material Handling Equipment Market Size & Insights

As per recent study by MarkNtel Advisors 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. 

What are the Key DROs in the Saudi Arabia Construction Material Handling Equipment Market?

Increased FDI Inflow in Construction Sector – The construction sector, including the residential sector in the country, is developing due to the changes in the legislative norms. In 2023, the government authorities changed the foreign investment policies in the stocks, which indirectly impact the construction across the country. The policy allows foreign investors to invest in Saudi-listed companies in the residential sector. Due to these changes, about 13.5% of the rise is observed in the construction, accounting for nearly USD212.59 million of FDI inflow in 2023. The Capital Market Authority of Saudi Arabia also permits investments in residential properties within Makkah and Madinah. This law of real estate ownership and investments has led to a rise in the construction of residential properties in the country, which is projected to grow in the following years. This increases the need for material handling equipment for the efficient conduct of the construction work.

What are the Key Segments in the Saudi Arabia Construction Material Handling Equipment Market?

The Saudi Arabia Construction Material Handling Equipment is categorized into notable segments, which help in understanding the structure, dynamics, and opportunities within the market. These segments are typically based on:

•  
  • By Equipment
    • Crane- Market Size & Forecast 2020-2030, (Thousand Units)
    • Forklift- Market Size & Forecast 2020-2030, (Thousand Units)
      • Counterbalance Forklift- Market Size & Forecast 2020-2030, (Thousand Units)
      • Reach Forklift- Market Size & Forecast 2020-2030, (Thousand Units)
    • Loader- Market Size & Forecast 2020-2030, (Thousand Units)
      • Backhoe Loader- Market Size & Forecast 2020-2030, (Thousand Units)
      • Skid Steer Loader- Market Size & Forecast 2020-2030, (Thousand Units)
      • Track Loader- Market Size & Forecast 2020-2030, (Thousand Units)
      • Wheeled Loader- Market Size & Forecast 2020-2030, (Thousand Units)
    • Telehandler- Market Size & Forecast 2020-2030, (Thousand Units)
    • Others- Market Size & Forecast 2020-2030, (Thousand Units)
• By End User
  • Construction- Market Size & Forecast 2020-2030, (Thousand Units)
    • Commercial- Market Size & Forecast 2020-2030, (Thousand Units)
    • Residential- Market Size & Forecast 2020-2030, (Thousand Units)
    • Industrial - Market Size & Forecast 2020-2030, (Thousand Units)
  • Ports- Market Size & Forecast 2020-2030, (Thousand Units)
  • Warehouses- Market Size & Forecast 2020-2030, (Thousand Units)

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By Region

• 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 are the Key Players in Saudi Arabia Construction Material Handling Equipment Market?

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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Saudi Arabia Construction Material Handling Equipment Market News

• 2025: Caterpillar introduced the MH3032, a 30-ton material handler ideal for scrap and recycling. It features Cat Payload, E-fence, and Swing Assist, offering nearly 15 meters of reach and improved safety and productivity on job sites.
• 2024: Volvo CE launched the electric L90 and L120 wheel loaders, designed for mid-size operation, offering 4–9 hours of runtime, fast DC charging, and dedicated electric motors for improved energy efficiency and lower emissions.

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·        Scope & Research Design – Clearly defined objectives with tailored qualitative and quantitative methods, backed by precise timelines and budgets.

·        Sample Selection & Data Collection – Representative samples achieved through proven techniques like random and stratified sampling, supported by reliable tools such as surveys, interviews, and observations.

·        Data Analysis & Validation – Rigorous cleaning, advanced statistical modeling, and thematic analysis ensure accuracy, reliability, and minimal bias.

• Forecasting & Finalization – Predictive modeling and time-series analysis anticipate future market behaviors, presented through insightful reports with charts, graphs, and strategic recommendations.

"Our methodology reflects the trust businesses place in us. By combining innovation with precision, we deliver not just numbers, but clarity and direction for decision-makers worldwide," said a spokesperson for MarkNtel Advisors.

Why This MarkNtel Advisors Research Report:

• In-depth Market Analysis: Understand trends and dynamics shaping growth.
• Segmented Insights: Target specific segments for focused strategies.
• Geographical Performance: Assess market opportunities by geographic area.
• Emerging Technologies: Discover advancements like AI integration.
• Risk Identification: Pinpoint challenges to inform strategic planning.
• Future Forecasts: Prepare for market changes with actionable projections.

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