Saudi Arabia Crane Market (2020-2026)
Market Forecast By Types (Mobile Crane, Fixed Crane, Marine And Offshore Crane), By Applications (Industrial Applications, Marine And Offshore, Mining And Excavation, Construction) And Competitive Landscape.
According to 6Wresearch, Saudi Arabia Crane Market size is likely to witness growth during 2020-2026. This growth is primarily attributed to government initiatives towards transforming the economy from the oil sector to the non-oil sector by implementing development plans such as Saudi Vision 2030. Additionally, rising number of infrastructure and industrial development projects provided by public and private facilities to expand and modernize the road network, railways, trade and tourism centers and airports such as Neom project, Railway project, and Red Sea project, etc will further spur the demand for cranes in Saudi Arabia during the forecast period.
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