6Wresearch-Saudi Arabia Construction Equipment Market (2015-2021)
Saudi Arabia Construction Equipment Market (2015-2021) :Market Forecast By Equipment Types (Crane, Construction Tractors, Excavators, Motor Graders, Loaders, Telescopic Handlers and Others), Applications (Energy, Construction and Metal & Mining) and Regions (Southern, Eastern, Western and Central)
Report Description
Growing construction market, expansion of metros & airports, upcoming new hotels & malls and growing Metal & Mining sector are the few factors that have resulted in the growth of Construction Equipment market in Saudi Arabia. Further, growth in government expenditure on infrastructure development have impacted for the wide utilization of Construction equipment in the construction industry across Saudi Arabia.
According to 6Wresearch, Saudi Arabia’s Construction Equipment market is projected to grow at a CAGR of 8.75% during 2015-21. In 2014, loaders accounted for 28.8% of...