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Saudi Arabia Earthmoving Equipment Rental Market (2015-2021)

  • Date Submitted: 10/20/2015 04:19 AM
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20 Oct, 2015, Navi Mumbai, India: Marketreportsonsaudiarabia.com presents a new report on “Saudi Arabia Earthmoving Equipment Rental Market (2015-2021)”   In construction market, amongst all GCC countries, Saudi Arabia is the largest contributing country, where rise in both public and private infrastructures can be witnessed.

Earthmoving Equipment Rental Market (http://www.marketreportsonsaudiarabia.com/industry-mfg-market-research-reports-2926/saudi-arabia-earthmoving-equipment-rental.html) Saudi Arabia Earthmoving Equipment Rental Market (2015-2021): Market Forecast By Earthmoving Equipment Types (Excavators, Loaders and Construction Tractors), Applications (Agriculture, Construction and Mining) and Regions (Southern, Eastern, Western and Central)

Growth in construction activities has emerged as the major driver for the demand for construction equipment in the GCC region. In construction market, amongst all GCC countries, Saudi Arabia is the largest contributing country, where rise in both public and private infrastructures can be witnessed. This has resulted into the demand for construction equipment especially earthmoving equipment on rent.

Mounting construction industry in areas such as hospitality sector, IT/ITeS sector, public and infrastructures have spurred earthmoving equipment rental business in the country.

Saudi government is planning to invest about $30 billion in tourism sector during 2013-23, which would drive the construction and expansion of road, rail, transportation, and airport infrastructures in the country, thus boosting rental equipment market.

Apart from construction application, mining is other major revenue generating application in earthmoving equipment rental market. Mining in oil & gas and metal segments have added to the demand for equipment on rent.

The report thoroughly covers the market by Earthmoving Equipment Rental types, by verticals, and by regions. The report provides the unbiased and detailed analysis of the...

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