How Big is the Saudi Arabia Earthmoving Equipment Rental Market?
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.
Market Statistics
- Market Growth Rate (CAGR): 10% from 2020-2025
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Saudi Arabia Earthmoving Equipment Rental Market Segmentation:
The report has segmented the market into the following categories:
By Type of Equipment
- Excavator
- Graders
- Loaders
- Bulldozers
- Trenchers
By Region
- West
- East
- South
- Central
By End Users
- Residential
- Commercial
- Industrial
Browse Full Report Along with TOC and Figures – https://www.marknteladvisors.com/research-library/saudi-arabia-earthmoving-equipment-rental-market.html
Competitive Landscape:
- Zahid Tractor and Heavy Machinery
- Bin Quraya Rental
- Saad Al Qahtani Contracting
- Arabian Consolidated Trading Group
- Al Faris
- FAMCO
- Hertz Dayim Equipment Rental.
The report offers an in-depth examination of the competitive landscape. It includes a thorough competitive analysis encompassing market structure, key player positioning, leading strategies for success, a competitive dashboard, and a company evaluation quadrant.
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Key Highlights of the Report:
- Market Performance (2020-2025)
- Strategic Recommendations
- Current, Historical and Future Market Trends
- Market Drivers and Leading Competitor
- SWOT Analysis
- Structure of the Market
- Comprehensive Mapping and Recent Advancement
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