Saudi Arabia port
infrastructure market is bound to experience impressive growth with anticipated
CAGR in the forecast period, 2023-2027, on the account of increasing
investments and financial support from the government and private funding.
Additionally, growing globalization has led to the increased need for the
better infrastructure. Also, oil supply from the Saudi Arabia is accounting for
the esteemed growth of the Saudi Arabia port infrastructure market in the
upcoming five years. Increasing sea-trade and import of commercial goods from
other countries is expected to substantiate the growth of the Saudi Arabia port
infrastructure market in the next five years. The Kingdom of Saudi Arabia is
consistently working under the schemes of Vision 2030. Under the scheme,
the government has established public-private partnerships and the
encouragement of private investments in public infrastructure services is substantiating
the growth of the market in the next five years. Dependency of various
industries for the raw material as well as importing and exporting the finished
goods is aiding the growth of the Saudi Arabia port infrastructure market in
the future five years of forecast.
The Saudi Arabia port
infrastructure market segmentation is based on elements, type, thrust,
competitional landscape, and regional distribution. Based on elements, the
market is further sub-segmented into port terminals, port operational equipment,
and others. Port terminals are anticipated to generate the maximum revenue shares
of the market and dominate the segment on the account of regular shipments that
dock. Moreover, the supply of oil and petroleum to the global countries is also
carried out through these terminals, that are actively driving the growth of
the Saudi Arabia port infrastructure market in the upcoming five years.
Additionally, the Kingdom of Saudi Arabia has ten major ports for the
industrial and commercial utilization, namely, Jeddah Islamic Port, King
Abdulaziz Port Dammam, King Fahad Industrial Port Yanbu, King Fahad Industrial
Port Jubail, Jubail Commercial Port, Yanbu Commercial Port, Jizan Port, Ras al
Khair Port, Ras Tanurah Saudi Aramco Port, and Dhiba Port. The transportation
from these ports solely accounts for the 70% of the country’s economy.
A partial list of market
player in the Saudi Arabia port infrastructure market includes Zamil Operations
and Maintenance Company, Limited (Zamil O&M), Gulf Stevedoring and
Contracting Co. Ltd. (GSCCO), Arab Agricultural Services Co. (ARASCO), Red Sea
Marine Services Co. Ltd., National Port Services Co. Ltd., Gulf Construction
Company for Cargo and Offloading Ltd., Global Marine Services Company, National
Port Services Company Limited, Saudi Maintenance Organization (SIANCO), National
Ports Services Company (NPS), among others. These market players hold larger
shares of the market than the new market players. With the evolving technology,
it is appropriate to say that the effective research and development of the
technologically advanced instruments and methods to satisfy consumer demands
would support the market growth and benefit the market players as well as the
consumers. New market players may focus on the research and development to
provide such products and services that satisfies the consumer demand as well as
benefits the market players in building their brand value. Other competitive
strategies include mergers & acquisitions and new product developments.
Objective
of the Study:
- To analyze the historical
growth of the market size of Saudi Arabia port infrastructure market from 2017
to 2020.
- To estimate and forecast the market size of Saudi
Arabia port infrastructure market from 2021 to 2027 and growth rate until 2027.
- To classify and forecast Saudi Arabia port infrastructure market
based on elements, type, thrust, competitional landscape, and regional
distribution.
- To identify dominant region or segment in the Saudi
Arabia port infrastructure market.
- To identify drivers and challenges for Saudi
Arabia port infrastructure market.
- To examine competitive developments such as
expansions, new product launches, mergers & acquisitions, etc., in Saudi
Arabia port infrastructure market.
- To identify and analyze
the profile of leading players operating in Saudi Arabia port infrastructure market.
- To identify key sustainable strategies adopted
by market players in Saudi Arabia port infrastructure market.
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TechSci Research performed both primary
as well as exhaustive secondary research for this study. Initially, TechSci
Research sourced a list of manufacturers, suppliers, and service providers
across the country. 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 manufactures which could not be identified due to the
limitations of secondary research. TechSci Research analyzed the manufactures,
distribution channels and presence of all major players across the country.
TechSci Research calculated the market
size of Saudi Arabia port
infrastructure market
using a bottom-up approach, wherein data for various end-user segments was
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 these product types and
applications 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:
- Port infrastructure manufacturers, end users, and other
stakeholders
- Distributors and suppliers of the products and other
stakeholders
- Organizations, forums, and alliances related to port
infrastructure
- Market research and consulting firms
The study is useful in providing answers
to several critical questions that are important for the industry stakeholders
such as manufacturers, suppliers, end users, etc., besides allowing them in
strategizing investments and capitalizing on market opportunities.
Attribute
|
Details
|
Base Year
|
2021
|
Historical Data
|
2017 – 2020
|
Estimated Year
|
2022
|
Forecast Period
|
2023 – 2027
|
Quantitative Units
|
Revenue in USD Million and CAGR for 2017-2021 and 2022-2027
|
Report coverage
|
Revenue forecast, company share, competitive landscape, growth
factors, and trends
|
Segments covered
|
·
Elements
·
Type
·
Thrust
|
Regional scope
|
Western Region, Northern and Central Region, Eastern Region,
Southern Region
|
Key companies profiled
|
Zamil Operations and Maintenance Company, Limited (Zamil
O&M), Gulf Stevedoring and Contracting Co. Ltd. (GSCCO), Arab
Agricultural Services Co. (ARASCO), Red Sea Marine Services Co. Ltd.,
National Port Services Co. Ltd., Gulf Construction Company for Cargo and
Offloading Ltd., Global Marine Services Company, National Port Services
Company Limited, Saudi Maintenance Organization (SIANCO), National Ports
Services Company (NPS).
|
Customization scope
|
10% free report customization with purchase. Addition or
alteration to country, regional & 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, Saudi Arabia port infrastructure market has been segmented into
following categories, in addition to the industry trends which have also been
detailed below:
- Saudi Arabia Port Infrastructure Market,
By Elements:
o Port Terminals
o Port Operational Equipment
o Others
- Saudi Arabia Port Infrastructure Market,
By Type:
- Sea Port
- Dry Port
- Container Terminals
- Others
- Saudi Arabia Port Infrastructure Market,
By Thrust:
- Portable
- Mid-range
- High Power
- Saudi Arabia Port infrastructure Market,
By Region:
- Northern & Central
- Southern
- Eastern
- Western
Competitive Landscape
Company
Profiles: Detailed
analysis of the major companies present in Saudi Arabia port infrastructure 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).
Saudi Arabia Port infrastructure Market
is an upcoming report to be released soon. If you wish an early delivery of
this report or want to confirm the date of release, please contact us at [email protected]