Saudi Arabia Bridge Construction Market is expected to register a 5.4% CAGR through 2030F
The Saudi Arabia Bridge
Construction Market is rising due to significant government investment in
large-scale infrastructure projects, including transportation networks and
urban development, driven by Vision 2030 and the country’s growing demand for
modern and efficient connectivity during the forecast period 2026-2030F.
According to TechSci Research report, “Saudi Arabia Bridge Construction
Market - By Region, Competition Forecast & Opportunities, 2030F, Saudi
Arabia Bridge Construction Market was valued at USD 21.8 Billion in 2024 and is
expected to reach at USD 30.16 Billion in 2030 and project robust growth in the
forecast period with a CAGR of 5.4% through 2030. The Saudi Arabian
government’s significant investments in infrastructure are the primary drivers
of the Bridge Construction Market. Under its Vision 2030 initiative, the
government has committed to diversifying its economy, reducing dependence on
oil, and improving the country’s infrastructure. This includes a focus on
transportation systems, such as the expansion of road networks, highways, and
railways. The Kingdom's budget for infrastructure projects has steadily grown,
with plans to invest approximately $20 billion in transportation infrastructure
over the next decade. This translates into major bridge construction projects,
especially in key cities such as Riyadh, Jeddah, and Mecca, and along the Red
Sea coast. Furthermore, large-scale urban developments, such as the $500
billion NEOM City, are planned to have advanced transportation systems, which
will likely increase the demand for bridge construction. These investments
extend to both road and rail networks, with numerous new expressways and
railway lines being constructed, all requiring the development of new bridges.
The government’s push to modernize the transportation network ensures a
consistent demand for bridges to support these projects, resulting in an expanding
bridge construction market in Saudi Arabia.
Browse over XX market data Figures
spread through XX Pages and an in-depth TOC on the "Saudi Arabia Bridge Construction Market"
The Jeddah region is the fastest-growing in the Saudi
Arabia bridge construction market due to its pivotal role as a major urban and
economic center, coupled with significant infrastructure investments aligned
with the country’s Vision 2030. As Saudi Arabia’s second-largest city and the
principal gateway for trade and tourism via the Red Sea, Jeddah has seen a
rapid expansion in residential, commercial, and industrial development, driving
the need for improved transportation networks. The city’s strategic location as
a hub for the country’s ports and logistics sectors further amplifies the
demand for efficient connectivity solutions, including the construction of new
bridges to improve traffic flow and access to key areas. Additionally, ongoing
projects, such as the development of the King Abdulaziz International Airport
and the Jeddah Islamic Port expansion, require advanced bridge infrastructure
to support the increased movement of goods and passengers. Jeddah’s role as a
key center for Saudi Arabia’s tourism, with attractions like the Jeddah Waterfront
and the historical Al-Balad district, also necessitates the construction of
bridges to facilitate better connectivity for both locals and visitors.
Moreover, the city’s growing urbanization, characterized by the development of
new residential and commercial districts, increases the demand for bridges to
connect different parts of the city and reduce traffic congestion. As the
government continues to prioritize infrastructure modernization in the region,
Jeddah is experiencing a surge in bridge construction projects, supported by
both public and private sector investments. With these ongoing developments,
the Jeddah region is poised to maintain its status as the fastest-growing area
in the Saudi bridge construction market in the coming years, with a continued
focus on improving transportation infrastructure and meeting the city’s
expanding needs.
In 2024, Based on Material, the steel segment is the fastest-growing
in the Saudi Arabia bridge construction market due to its numerous advantages
that align with the country’s growing infrastructure needs. Steel bridges offer
unmatched strength, flexibility, and durability, making them ideal for the
heavy-duty requirements of the Kingdom's expanding transportation networks. As
Saudi Arabia continues to invest heavily in large-scale infrastructure
projects, including new highways, railways, and urban developments, steel has
emerged as the material of choice due to its ability to span long distances and
bear heavy loads with fewer supports, which is particularly beneficial in the
construction of bridges across expansive desert terrains. Additionally, steel's
resistance to environmental factors such as extreme heat and corrosion makes it
well-suited for the challenging climatic conditions in Saudi Arabia, where
temperatures can soar and infrastructure is constantly exposed to harsh
conditions. The growth in mega-projects, such as the development of NEOM, the
Red Sea Project, and the King Abdulaziz International Airport expansion, has
further driven the demand for steel bridges, as these projects require advanced
materials capable of supporting large-scale infrastructure. Furthermore,
steel’s versatility allows for innovative designs, such as suspension and
cable-stayed bridges, which are increasingly being adopted for complex
infrastructure projects in the Kingdom. The ongoing push for sustainability in
Saudi Arabia’s infrastructure development, supported by the Vision 2030
initiative, is also contributing to the growth of the steel segment, as the
material is highly recyclable and offers a longer lifespan compared to other
materials. With its combination of strength, longevity, design flexibility, and
suitability for Saudi Arabia’s extreme environmental conditions, the steel
segment is poised to continue its rapid growth in the Kingdom’s bridge
construction market in the coming years.
Key market players in the Saudi Arabia Bridge
Construction Market are: -
- Bechtel Corporation
- Skanska AB
- Vinci S.A.
- STRABAG SE
- Ferrovial, S.A.
- Larsen & Toubro Ltd.
- Salini Impregilo S.p.A.
- Hochtief AG
Download Free Sample Report
Customers can
also request for 10% free customization on this report.
“The Saudi Arabia bridge construction market presents
significant opportunities driven by the country’s Vision 2030 and ongoing
infrastructure development. The government’s focus on expanding transportation
networks, including new highways, urban roads, and railways, creates a high
demand for modern, durable bridges. Additionally, mega-projects like the Red
Sea Development and Neom City offer vast prospects for bridge construction to
support the infrastructure in these large-scale developments. The growing need
for sustainable and resilient infrastructure also opens opportunities for
advanced bridge designs using innovative materials and technologies.
Furthermore, as urbanization accelerates, the demand for bridges in urban areas
and industrial zones will increase. The expansion of public-private
partnerships (PPPs) in infrastructure projects provides avenues for foreign and
local companies to participate in large bridge construction ventures. These
trends, combined with the need for increased connectivity, position the market
for robust growth in the coming years.Top of Form” said Mr. Karan Chechi,
Research Director of TechSci Research, a research-based global management
consulting firm.
“Saudi Arabia Bridge Construction
Market By Type (Beam Bridge, Truss Bridge, Arch Bridge, Suspension Bridge,
Cable-stayed Bridge, Others), By Material (Steel, Concrete, Composite Materials), By Region, Competition Forecast
& Opportunities, 2020-2030F” has evaluated the future growth
potential of Saudi Arabia Bridge Construction Market and provides
statistics & information on market size, structure, and future market
growth. The report intends to provide cutting-edge market intelligence and help
decision makers take sound investment decisions. Besides the report also
identifies and analyzes the emerging trends along with essential drivers,
challenges, and opportunities in Saudi Arabia Bridge Construction Market.
Contact
TechSci Research LLC
420 Lexington Avenue,
Suite 300, New York,
United States- 10170
M: +13322586602
Email: [email protected]
Website: https://www.techsciresearch.com