Saudi Arabia construction
market stood at $ 32.6 billion in 2018 and is projected to grow to $ 43.5
billion by 2024, exhibiting a CAGR of over 5% during the forecast period, on
account of significant investments in infrastructure and housing development
projects. South Arabia is the most populous and largest country in the Middle
East region. More than 5,200 construction projects have been rolled out in the
country, which are valued at $ 819 billion, accounting for over 35% of the total
value of active projects across GCC (Gulf Cooperation Council). Under Vision
2030, Saudi Arabia is increasing investments in technology and infrastructure
development for economic diversification, which is expected to have a positive
impact on the country’s construction market during forecast period.
Saudi Binladin Group is
the leading player in Saudi Arabia construction market. Other major market
players are Abdullah AM AL-Khodari Sons Company, Al Rashid Trading and
Contracting Company, Al Arrab Contracting Company and Al Kifah Contracting
Company.
Years considered for this report:
Historical Years: 2014-2017
Base
Year: 2018
Estimated
Year: 2019
Forecast
Period: 2020-2024
Objective of the Study:
- To analyze
and forecast Saudi Arabia construction market size.
- To forecast Saudi Arabia construction
market based on industry type and regional distribution.
- To
identify drivers and challenges for Saudi Arabia construction market.
- To
examine competitive developments such as expansions, new product launches,
mergers & acquisitions, etc., in Saudi Arabia construction market.
- To conduct
pricing analysis for Saudi Arabia construction market.
- To
identify and analyze the profile of leading players operating in Saudi
Arabia construction market.

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Regionally,
Saudi Arabia construction market has been segmented into west, east,
central and Rest of Saudi. The Central
region dominated the country’s construction market in 2018 and is expected to
account for the largest market share in coming years, owing to large-scale
projects in the region. Construction projects such as Al Faisaliya City,
Dahiyat Al Fursan, Al Ruwaid Redevelopment are among some of the large-scale
construction projects in Saudi Arabia.
TechSci
Research performed both primary as well as exhaustive secondary research for this
study. Initially, TechSci Research sourced a list of leading construction companies
across Saudi Arabia. Subsequently, TechSci Research conducted primary research
surveys with the identified companies. While interviewing, the respondents were
also enquired about their competitors. Through this technique, TechSci Research
could include the construction companies which could not be identified due to
the limitations of secondary research. TechSci Research analyzed the industries
served and presence of all major players operating in Saudi Arabia construction market.
TechSci Research
calculated Saudi Arabia construction market
size by using a top-down approach, wherein data for various industry
type recorded and forecast for the future years. TechSci Research sourced these
values from the industry experts and company representatives and externally
validated through analyzing historical data of construction industry for
getting an appropriate, overall market size. Various secondary sources such as
company websites, news articles, press releases, company annual reports,
investor presentations and financial reports were also studied by TechSci
Research.

Key Target Audience:
- Construction companies
- Government and other regulatory bodies
- Organizations, forums and alliances related to
construction market
- Market research and consulting firms
The study is useful
in providing answers to several critical questions that are important for
industry stakeholders such as construction companies and partners, end users,
etc., besides allowing them in strategizing investments and capitalizing on
market opportunities.
Report Scope:
In
this report, Saudi Arabia construction market has been segmented into
following categories, in addition to the industry trends which have also been
detailed below:
- Market, by Industry Type:
- Industrial
- Commercial
- Infrastructure
- Residential
- Market, by Region:
- Central
- West
- East
- Rest of Saudi Arabia
Competitive Landscape
Company Profiles: Detailed analysis of the major
companies present in Saudi Arabia construction 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).
Profit
Margin Analysis
- Profit margin analysis in case of direct and indirect
sales channel.
In case you don’t find what you are looking for,
please get in touch with our custom research team at sales@techsciresearch.com
In case you don’t find what you are looking for, please get in touch with our custom research team at sales@techsciresearch.com