Middle East & North Africa Construction Equipment Market By Type (Loader, Forklift, Excavator, Dozers, Others), By Power Output (<100hp, 101-200hp, 201-400hp, >400hp), By Application (Material Handling, Excavation & Demolition, Recycling & Waste Management, Tunnelling, Others), By End User (Oil & Gas, Construction, Infrastructure, Manufacturing, Others) By Country, Competition, Forecast and Opportunities, 2028F

  • Industry : Automotive
  • Pages : 110
  • Published Date : May, 2023
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Summary

Report Description

Middle East & North Africa Construction Equipment Market is anticipated to expand steadily in the forecast period 2024–2028. The market for construction equipment in the Middle East and Africa was valued USD 11.21 billion in 2022. Due to the strong economic growth, a growing elite population, increased foreign investment, and other favorable factors, it is anticipated to reach USD 20.04 billion over the next five years, registering a CAGR of 10.38% in the next five years.

In 2021, the Middle East & North Africa area produced about 7,335 thousand barrels of oil per day. When compared to the previous year, when oil output was 7,428 thousand barrels per day, the data demonstrates a drop.


Construction equipment is any piece of equipment that is used in the execution, completion, erection, operation, or maintenance of a construction project or job. Additionally, when building roads, bridges, and dams, construction equipment is used in the earthmoving process. In addition to it being used in construction, mining also uses wheel loaders and excavators.


Rising Infrastructure Development & Growing Urbanization Across the Region


The MENA region is witnessing significant growth in infrastructure development, including the construction of roads, bridges, tunnels, airports, seaports, and other public infrastructure projects. This is due to the growing population, economic development, and the need to improve transportation and connectivity within and between cities. Infrastructure development requires heavy machinery and construction equipment to carry out the construction work, which is driving the demand for such equipment in the MENA region.


Urbanization is a process where people move from rural areas to urban areas, which leads to the development of cities and towns. The MENA region is experiencing rapid urbanization, which is driving the demand for construction equipment, especially in the construction of high-rise buildings, commercial complexes, and residential buildings. With the increasing urbanization, there is a growing need for infrastructure and housing, which in turn is driving the demand for construction equipment.


Technological Advancements


The construction equipment market is witnessing significant technological advancements, such as the use of telematics, GPS, and other digital technologies. These advancements are enabling construction companies to enhance their productivity and reduce their operating costs. For example, telematics allows the equipment to communicate with the construction company, providing real-time information about the machine's performance, location, and maintenance needs. This enables the construction companies to optimize their operations, reduce downtime, and increase the lifespan of the equipment.


Growing Demand for Rental Equipment


The MENA construction equipment rental market is growing rapidly due to the increasing demand for rental equipment by construction companies. Rental equipment allows construction companies to reduce their capital expenditures and improve their cash flows. Construction companies can rent the equipment for the duration of the project and return it once the project is completed, avoiding the need to purchase the equipment and store it when not in use.


Government Initiatives


The governments in the MENA region are investing heavily in infrastructure development and urbanization, which is driving the demand for construction equipment. For instance, Saudi Arabia's Vision 2030 aims to develop the infrastructure of the country and increase the contribution of the private sector to the economy. Similarly, the UAE is investing in infrastructure development to become a global business hub. These initiatives are creating a favorable environment for the construction equipment market to grow.


Increasing Awareness of Safety


With the increasing awareness of safety, construction companies are focusing more on the safety of their workers and the environment. As a result, there is a growing demand for construction equipment that is equipped with safety features such as sensors, cameras, and alarms. These safety features help to prevent accidents, improve the safety of workers, and reduce the risk of damage to the equipment and the environment.


Increase in Oil, Gas & Mining Projects


The Middle East is well-known for having large oil and gas reserves, and there are still many important oil and gas-related projects taking place there. These initiatives include pipeline construction, refinery construction, petrochemical plant construction, exploration, extraction, and processing activities. These projects require specialized construction tools like heavy-duty cranes, drilling rigs, and machines for laying pipelines. Due to ongoing investments in the oil and gas sector, the demand for construction equipment in this market is still strong. Natural resources such as metals and minerals like gold, diamonds, copper, and iron ore are abundant in Africa. Many African economies depend heavily on the mining industry to spur economic expansion and generate job opportunities. Excavators, dump trucks, drilling rigs, and crushers are just a few examples of the heavy machinery and equipment needed for mining projects at various stages of mineral exploration, extraction, and processing. Thus, the region's increasing need for construction equipment is a result of the expansion of the mining industry.


Regulatory Policies in Trade


Different nations have different laws and rules governing the production, import, and export of construction equipment. To prevent unfair competition and give indigenous manufacturers an advantage, nations impose various import duties for international trade. To lower tariffs and other barriers to a free trade zone or common market, governments typically enter into bilateral trade agreements with other nations. This may be advantageous, but it may also result in more competition from abroad. Trade activities are more significantly impacted by foreign affairs. In the event of disagreements with other nations, trade agreements may be put on hold, or in the worst-case scenario, restrictions may be placed, limiting trade entirely. Therefore, the impact of international trade policies and regulations creates factors that limit the growth and sale of the construction equipment market in many countries.


Increasing Focus on Affordable Housing and Infrastructure


The focus on smart buildings is constantly increasing, globally, especially in the developing economies, which is majorly attributed to the rising population, increasing urbanization and improving lifestyle. Also, the demand for affordable housing is increasing with rising income levels. In addition, the World Bank is taking favorable initiatives such as the development of sustainable cities, which is likely to increase the demand for construction equipment across Europe, Africa, and Central Asia. Furthermore, the International Monetary Fund (IMF) provided loans and increased the access limit under emergency financing instruments from 2020 to member countries for housing development. Individual countries’ rural and urban development projects are also designed in close cooperation with the IMF and are supported by IMF financing. Such initiatives are further expected to drive the construction equipment market across the world.


Recent Developments

  • A wholly owned subsidiary of Hyundai Construction Equipment called Doosan Infracore Co. received a contract in August 2022 to supply 62 pieces of construction machinery to important clients in Bahrain and Saudi Arabia.
  • The United Arab Emirates has stated that it will invest USD 23 billion in infrastructure development by 2023.
  • Sany Heavy Industry Co. Ltd. supplied 300 pieces of construction machinery to the Nigerian China-Lagos Railway project in December 2022.
  • During Zoomlion Customer Day, which was held in Saudi Arabia in June 2022, Zoomlion Heavy Industry Science and Technology Co. Ltd. received orders for almost 100 pieces of construction machinery.
  • In May 2022, Doosan Infracore Co. won orders for 75 mid to large excavators from Saudi Arabia. These machines would be deployed at the construction site of Neom City in Saudi Arabia.
  • The 30th Volvo A40G articulated dump truck was delivered to Mbuyelo Mining Contractors in February 2023 by Babcock, Volvo CE's South African dealer.
  • Hitachi Construction Machinery named SMT (SMT Holding) as its new African dealer in the year 2022.



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Market Segmentation

 

The Middle East & North Africa Construction Equipment Market is segmented based on type, power output, application, end user, and country. Based on type, the market is segmented into loader, forklift, excavator, dozers, and others. Based on power output, the market is segment into <100hp, 101-200hp, 201-400hp, and >400hp. Based on end user, the market is segmented into Oil & Gas, Construction, Infrastructure, Manufacturing, and Others. Based on country, the market is segmented into Saudi Arabia, Egypt, UAE, Turkey, Qatar, Morocco, Iran, Kuwait, Oman, Bahrain.

 

Market Players

Construction equipment in the Middle East and Africa is strongly consolidated. This market is dominated by international players as there are no local competitors. Several major companies in the Middle East and Africa construction equipment market are Caterpillar Inc. (Al-Bahar Construction Equipment FZE), Komatsu Middle East FZE, Liebherr Middle East, FZE., Hitachi Construction Machinery Middle East Corp. FZE, Volvo Construction Equipment AB (Al Futtaim Auto and Machinery Company LLC), Zoomlion Gulf FZE, Terex Corporation, among others.

Attribute

Details

Revenue Forecast in 2028

USD 20.04 billion

Growth rate

10.38%

Base Year

2022

Historic Data

2018 – 2021

Estimated Year

2023

Forecast Period

2024 – 2028

Quantitative Units

Revenue in USD Million, and CAGR for 2018-2022 and 2023-2028

Report Coverage

Revenue forecast, company share, competitive landscape, growth factors, and trends

Segments Covered

By Type

By Power Output

By Application

By End User

By Country

Country Scope

Saudi Arabia, Egypt, UAE, Turkey, Qatar, Morocco, Iran, Kuwait, Oman, Bahrain.

Key companies profiled

Caterpillar Inc. (Al-Bahar Construction Equipment FZE), Komatsu Middle East FZE, Liebherr Middle East, FZE., Hitachi Construction Machinery Middle East Corp. FZE, Volvo Construction Equipment AB (Al Futtaim Auto and Machinery Company LLC), Zoomlion Gulf FZE, Terex Corporation, CNH Industrial N.V., Hyundai Doosan Infracore (Doosan Infracore Co., Ltd.), Deere & Company (John Deere)

Customization scope

10% free report customization with purchase. Addition or alteration to country, country & segment scope.

Pricing and purchase options

Avail customized purchase options to meet your exact research needs. Explore purchase options

Delivery Format

PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

 

Report Scope:

In this report, the Middle East & North Africa Construction Equipment Market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:

        o   Construction Equipment Market, By Type:

o   Loader

o   Forklift

o   Excavator

o   Dozers

o   Others

        o   Construction Equipment Market, By Technology:

o   <100hp

o   101-200hp

o   201-400hp

o   >400hp

        o   Construction Equipment Market, By Application:

o   Material Handling

o   Excavation & Demolition

o   Recycling & Waste Management

o   Tunnelling

o   Others

        o   Construction Equipment Market, By End User:

o   Oil & Gas

o   Construction

o   Infrastructure

o   Manufacturing

o   Others

        o   Construction Equipment Market, By Country:

  • Saudi Arabia
  • Egypt
  • UAE
  • Turkey
  • Qatar
  • Morocco
  • Iran
  • Kuwait
  • Oman
  • Bahrain
  • Rest of Middle East & North Africa

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in the Middle East & North Africa Construction Equipment Market.

Available Customizations:

With the given market data, TechSci Research offers customizations according to a company’s specific needs. The following customization options are available for the report:

Company Information

  • Detailed analysis and profiling of additional market players (up to five).

Table of content

1.    Introduction

1.1.  Market Overview

1.2.  Key Highlights of the Report

1.3.  Market Coverage

1.4.  Market Segments Covered

1.5.  Research Tenure Considered

2.    Research Methodology

2.1.  Objective of the Study

2.2.  Baseline Methodology

2.3.  Key Industry Partners

2.4.  Major Association and Secondary Sources

2.5.  Forecasting Methodology

2.6.  Data Triangulation & Validation

2.7.  Assumptions and Limitations

3.    Executive Summary

3.1.  Market Overview

3.2.  Market Forecast

3.3.  Key Countries

3.4.  Key Segments

4.    Impact of COVID-19 on Middle East & North Africa Construction Equipment Market

4.1.  Key Segments Impacted

4.2.  Key Countries Impacted

5.    Middle East & North Africa Construction Equipment Market Outlook

5.1.  Market Size & Forecast

5.1.1.    By Volume & Value

5.2.  Market Share & Forecast

5.2.1.    By Type Market Share Analysis (Loader, Forklift, Excavator, Dozers, Others)

5.2.2.    By Power Output Market Share Analysis (<100hp, 101-200hp, 201-400hp, >400hp)

5.2.3.    By Application Market Share Analysis (Material Handling, Excavation & Demolition, Recycling & Waste Management, Tunnelling, Others)

5.2.4.    By End User Market Share Analysis (Oil & Gas, Construction, Infrastructure, Manufacturing, Others)

5.2.5.    By Country Market Share Analysis

5.2.5.1.        Saudi Arabia Market Share Analysis

5.2.5.2.        Egypt Market Share Analysis

5.2.5.3.        UAE Market Share Analysis

5.2.5.4.        Turkey Market Share Analysis

5.2.5.5.        Oman Market Share Analysis

5.2.5.6.        Bahrain Market Share Analysis

5.2.5.7.        Rest of Middle East & North Africa Market Share Analysis

5.2.6.    By Company Market Share Analysis (By Value, 2022)

5.3.  Middle East & North Africa Construction Equipment Market Mapping Opportunity Assessment

5.3.1.    By Type Market Mapping & Opportunity Assessment

5.3.2.    By Power Output Market Mapping & Opportunity Assessment

5.3.3.    By Application Market Mapping & Opportunity Assessment

5.3.4.    By End User Market Mapping & Opportunity Assessment

5.3.5.    By Country Market Mapping & Opportunity Assessment

6.    Saudi Arabia Construction Equipment Market Outlook, 2018-2028F

6.1.  Market Size & Forecast

6.1.1.    By Volume & Value

6.2.  Market Share & Forecast

6.2.1.    By Type Market Share Analysis

6.2.2.    By Power Output Market Share Analysis

6.2.3.    By Application Market Share Analysis

6.2.4.    By End User Market Share Analysis

7.    Egypt Construction Equipment Market Outlook, 2018-2028F

7.1.  Market Size & Forecast

7.1.1.    By Volume & Value

7.2.  Market Share & Forecast

7.2.1.    By Type Market Share Analysis

7.2.2.    By Power Output Market Share Analysis

7.2.3.    By Application Market Share Analysis

7.2.4.    By End User Market Share Analysis

8.    UAE Construction Equipment Market Outlook, 2018-2028F

8.1.  Market Size & Forecast

8.1.1.    By Volume & Value

8.2.  Market Share & Forecast

8.2.1.    By Type Market Share Analysis

8.2.2.    By Power Output Market Share Analysis

8.2.3.    By Application Market Share Analysis

8.2.4.    By End User Market Share Analysis

9.    Turkey Construction Equipment Market Outlook, 2018-2028F

9.1.  Market Size & Forecast

9.1.1.    By Volume & Value

9.2.  Market Share & Forecast

9.2.1.    By Type Market Share Analysis

9.2.2.    By Power Output Market Share Analysis

9.2.3.    By Application Market Share Analysis

9.2.4.    By End User Market Share Analysis

10. Qatar Construction Equipment Market Outlook, 2018-2028F

10.1.             Market Size & Forecast

10.1.1. By Volume & Value

10.2.             Market Share & Forecast

10.2.1. By Type Market Share Analysis

10.2.2. By Power Output Market Share Analysis

10.2.3. By Application Market Share Analysis

10.2.4. By End User Market Share Analysis

11. Morocco Construction Equipment Market Outlook, 2018-2028F

11.1.             Market Size & Forecast

11.1.1. By Volume & Value

11.2.             Market Share & Forecast

11.2.1. By Type Market Share Analysis

11.2.2. By Power Output Market Share Analysis

11.2.3. By Application Market Share Analysis

11.2.4. By End User Market Share Analysis

12. Iran Construction Equipment Market Outlook, 2018-2028F

12.1.             Market Size & Forecast

12.1.1. By Volume & Value

12.2.             Market Share & Forecast

12.2.1. By Type Market Share Analysis

12.2.2. By Power Output Market Share Analysis

12.2.3. By Application Market Share Analysis

12.2.4. By End User Market Share Analysis

13. Kuwait Construction Equipment Market Outlook, 2018-2028F

13.1.             Market Size & Forecast

13.1.1. By Volume & Value

13.2.             Market Share & Forecast

13.2.1. By Type Market Share Analysis

13.2.2. By Power Output Market Share Analysis

13.2.3. By Application Market Share Analysis

13.2.4. By End User Market Share Analysis

14. Oman Construction Equipment Market Outlook, 2018-2028F

14.1.             Market Size & Forecast

14.1.1. By Volume & Value

14.2.             Market Share & Forecast

14.2.1. By Type Market Share Analysis

14.2.2. By Power Output Market Share Analysis

14.2.3. By Application Market Share Analysis

14.2.4. By End User Market Share Analysis

15. Bahrain Construction Equipment Market Outlook, 2018-2028F

15.1.             Market Size & Forecast

15.1.1. By Volume & Value

15.2.             Market Share & Forecast

15.2.1. By Type Market Share Analysis

15.2.2. By Power Output Market Share Analysis

15.2.3. By Application Market Share Analysis

15.2.4. By End User Market Share Analysis

16. Porter’s Five Forces Analysis

16.1.             Bargaining Powers of Suppliers

16.2.             Bargaining Powers of Buyers

16.3.             Threat of Substitutes

16.4.             Threat of New Entrants

16.5.             Competitive Rivalry

17. SWOT Analysis

18. Market Dynamics

18.1.             Market Drivers

18.2.             Market Challenges

19. Market Trends & Developments

20. Competitive Landscape

20.1.             Caterpillar Inc. (Al-Bahar Construction Equipment FZE)

20.1.1. Company Details

20.1.2. Key Products Offered

20.1.3. Recent Developments

20.1.4. Key Management Personnel

20.2.             Komatsu Middle East FZE

20.2.1. Company Details

20.2.2. Key Products Offered

20.2.3. Recent Developments

20.2.4. Key Management Personnel

20.3.             Liebherr Middle East, FZE

20.3.1. Company Details

20.3.2. Key Products Offered

20.3.3. Recent Developments

20.3.4. Key Management Personnel

20.4.             Hitachi Construction Machinery Middle East Corp. FZE

20.4.1. Company Details

20.4.2. Key Products Offered

20.4.3. Recent Developments

20.4.4. Key Management Personnel

20.5.             Volvo Construction Equipment AB (Al Futtaim Auto and Machinery Company LLC)

20.5.1. Company Details

20.5.2. Key Products Offered

20.5.3. Recent Developments

20.5.4. Key Management Personnel

20.6.             Zoomlion Gulf FZE

20.6.1. Company Details

20.6.2. Key Products Offered

20.6.3. Recent Developments

20.6.4. Key Management Personnel

20.7.             Terex Corporation

20.7.1. Company Details

20.7.2. Key Products Offered

20.7.3. Recent Developments

20.7.4. Key Management Personnel

20.8.             CNH Industrial N.V.

20.8.1. Company Details

20.8.2. Key Products Offered

20.8.3. Recent Developments

20.8.4. Key Management Personnel

20.9.             Hyundai Doosan Infracore (Doosan Infracore Co., Ltd.)

20.9.1. Company Details

20.9.2. Key Products Offered

20.9.3. Recent Developments

20.9.4. Key Management Personnel

20.10.          Deere & Company (John Deere)

20.10.1.              Company Details

20.10.2.              Key Products Offered

20.10.3.              Recent Developments

20.10.4.              Key Management Personnel

21.  Strategic Recommendations

22.  About Us & Disclaimer

Figures and Tables

Figure 1:       Middle East & Africa Construction Equipment Market Size, By Volume (Units), 2018-2028F

Figure 2:       Middle East & Africa Construction Equipment Market Size, By Value (USD Billion), 2018-2028F

Figure 3:       Middle East & Africa Construction Equipment Market Share, By Type, By Volume, 2018–2028F

Figure 4:       Middle East & Africa Construction Equipment Market Share, By Power Output, By Volume, 2018–2028F

Figure 5:       Middle East & Africa Construction Equipment Market Share, By Application, By Volume, 2018–2028F

Figure 6:       Middle East & Africa Construction Equipment Market Share, By End User, By Volume, 2018–2028F

Figure 7:       Middle East & Africa Construction Equipment Market Share, By Country, By Volume, 2018–2028F

Figure 8:       Middle East & Africa Construction Equipment Market Share, By Country, By Volume, 2022 & 2028F

Figure 9:       Middle East & Africa Construction Equipment Market Share, By Company, By Value, 2022

Figure 10:     Middle East & North Africa Construction Equipment Market Map, By Type, Market Size (Units) & Growth Rate (%), 2022

Figure 11:     Middle East & North Africa Construction Equipment Market Map, By Power Output, Market Size (Units) & Growth Rate (%), 2022

Figure 12:     Middle East & North Africa Construction Equipment Market Map, By Application, Market Size (Units) & Growth Rate (%), 2022

Figure 13:     Middle East & North Africa Construction Equipment Market Map, By End User, Market Size (Units) & Growth Rate (%), 2022

Figure 14:     Middle East & North Africa Construction Equipment Market Map, By Country, Market Size (Units) & Growth Rate (%), 2022

Figure 15:     Saudi Arabia Construction Equipment Market Size, By Volume (Units), 2018-2028F

Figure 16:     Saudi Arabia Construction Equipment Market Size, By Value (USD Billion), 2018-2028F

Figure 17:     Saudi Arabia Construction Equipment Market Share, By Type, By Volume, 2018–2028F

Figure 18:     Saudi Arabia Construction Equipment Market Share, By Power Output, By Volume, 2018–2028F

Figure 19:     Saudi Arabia Construction Equipment Market Share, By Application, By Volume, 2018–2028F

Figure 20:     Saudi Arabia Construction Equipment Market Share, By End User, By Volume, 2018–2028F

Figure 21:     Egypt Construction Equipment Market Size, By Volume (Units), 2018-2028F

Figure 22:     Egypt Construction Equipment Market Size, By Value (USD Billion), 2018-2028F

Figure 23:     Egypt Construction Equipment Market Share, By Type, By Volume, 2018–2028F

Figure 24:     Egypt Construction Equipment Market Share, By Power Output, By Volume, 2018–2028F

Figure 25:     Egypt Construction Equipment Market Share, By Application, By Volume, 2018–2028F

Figure 26:     Egypt Construction Equipment Market Share, By End User, By Volume, 2018–2028F

Figure 27:     UAE Construction Equipment Market Size, By Volume (Units), 2018-2028F

Figure 28:     UAE Construction Equipment Market Size, By Value (USD Billion), 2018-2028F

Figure 29:     UAE Construction Equipment Market Share, By Type, By Volume, 2018–2028F

Figure 30:     UAE Construction Equipment Market Share, By Power Output, By Volume, 2018–2028F

Figure 31:     UAE Construction Equipment Market Share, By Application, By Volume, 2018–2028F

Figure 32:     UAE Construction Equipment Market Share, By End User, By Volume, 2018–2028F

Figure 33:     Turkey Construction Equipment Market Size, By Volume (Units), 2018-2028F

Figure 34:     Turkey Construction Equipment Market Size, By Value (USD Billion), 2018-2028F

Figure 35:     Turkey Construction Equipment Market Share, By Type, By Volume, 2018–2028F

Figure 36:     Turkey Construction Equipment Market Share, By Power Output, By Volume, 2018–2028F

Figure 37:     Turkey Construction Equipment Market Share, By Application, By Volume, 2018–2028F

Figure 38:     Turkey Construction Equipment Market Share, By End User, By Volume, 2018–2028F

Figure 39:     Qatar Construction Equipment Market Size, By Volume (Units), 2018-2028F

Figure 40:     Qatar Construction Equipment Market Size, By Value (USD Billion), 2018-2028F

Figure 41:     Qatar Construction Equipment Market Share, By Type, By Volume, 2018–2028F

Figure 42:     Qatar Construction Equipment Market Share, By Power Output, By Volume, 2018–2028F

Figure 43:     Qatar Construction Equipment Market Share, By Application, By Volume, 2018–2028F

Figure 44:     Qatar Construction Equipment Market Share, By End User, By Volume, 2018–2028F

Figure 45:     Morocco Construction Equipment Market Size, By Volume (Units), 2018-2028F

Figure 46:     Morocco Construction Equipment Market Size, By Value (USD Billion), 2018-2028F

Figure 47:     Morocco Construction Equipment Market Share, By Type, By Volume, 2018–2028F

Figure 48:     Morocco Construction Equipment Market Share, By Power Output, By Volume, 2018–2028F

Figure 49:     Morocco Construction Equipment Market Share, By Application, By Volume, 2018–2028F

Figure 50:     Morocco Construction Equipment Market Share, By End User, By Volume, 2018–2028F

Figure 51:     Iran Construction Equipment Market Size, By Volume (Units), 2018-2028F

Figure 52:     Iran Construction Equipment Market Size, By Value (USD Billion), 2018-2028F

Figure 53:     Iran Construction Equipment Market Share, By Type, By Volume, 2018–2028F

Figure 54:     Iran Construction Equipment Market Share, By Power Output, By Volume, 2018–2028F

Figure 55:     Iran Construction Equipment Market Share, By Application, By Volume, 2018–2028F

Figure 56:     Iran Construction Equipment Market Share, By End User, By Volume, 2018–2028F

Figure 57:     Kuwait Construction Equipment Market Size, By Volume (Units), 2018-2028F

Figure 58:     Kuwait Construction Equipment Market Size, By Value (USD Billion), 2018-2028F

Figure 59:     Kuwait Construction Equipment Market Share, By Type, By Volume, 2018–2028F

Figure 60:     Kuwait Construction Equipment Market Share, By Power Output, By Volume, 2018–2028F

Figure 61:     Kuwait Construction Equipment Market Share, By Application, By Volume, 2018–2028F

Figure 62:     Kuwait Construction Equipment Market Share, By End User, By Volume, 2018–2028F

Figure 63:     Oman Construction Equipment Market Size, By Volume (Units), 2018-2028F

Figure 64:     Oman Construction Equipment Market Size, By Value (USD Billion), 2018-2028F

Figure 65:     Oman Construction Equipment Market Share, By Type, By Volume, 2018–2028F

Figure 66:     Oman Construction Equipment Market Share, By Power Output, By Volume, 2018–2028F

Figure 67:     Oman Construction Equipment Market Share, By Application, By Volume, 2018–2028F

Figure 68:     Oman Construction Equipment Market Share, By End User, By Volume, 2018–2028F

Figure 69:     Bahrain Construction Equipment Market Size, By Volume (Units), 2018-2028F

Figure 70:     Bahrain Construction Equipment Market Size, By Value (USD Billion), 2018-2028F

Figure 71:      Bahrain Construction Equipment Market Share, By Type, By Volume, 2018–2028F

Figure 72:      Bahrain Construction Equipment Market Share, By Power Output, By Volume, 2018–2028F

Figure 73:      Bahrain Construction Equipment Market Share, By Application, By Volume, 2018–2028F

  Figure 74:       Bahrain Construction Equipment Market Share, By End User, By Volume, 2018–2028F

Frequently asked questions

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Rising Mining Industry in the oil and gas sector across the region, rise in government initiatives, and growing replacement demand are the major drivers for the Middle East & North Africa Construction Equipment Market.

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Main market players in the Middle East & North Africa Construction Equipment market are Caterpillar Inc. (Al-Bahar Construction Equipment FZE), Komatsu Middle East FZE, Liebherr Middle East, FZE., Hitachi Construction Machinery Middle East Corp. FZE, Volvo Construction Equipment AB (Al Futtaim Auto and Machinery Company LLC), Zoomlion Gulf FZE, Terex Corporation, CNH Industrial N.V., Hyundai Doosan Infracore (Doosan Infracore Co., Ltd.), Deere & Company (John Deere).

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Construction equipment is any piece of equipment that is used in the execution, completion, erection, operation, or maintenance of a construction project or job. When building roads, bridges, and dams, construction equipment is used in the earthmoving process. In addition to being used in construction, mining also uses wheel loaders and excavators.

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Increase in equipment utilization in new industrial segment threats due to digital initiatives and interoperability of multiple system components from different solution providers are challenges faced by the Middle East & North Africa Construction Equipment Market.

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Srishti Verma

Business Consultant
Press Release

Middle East & North Africa Construction Equipment Market is Expected to Grow with a CAGR of 10.38% by 2028

May, 2023

Increase in government investments in infrastructure development and major infrastructure projects are critical factors driving the Middle East & North Africa Construction Equipment market in the for

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