Market Share of Saudi Arabia Construction Industry
The Saudi Arabian construction market is fragmented and highly competitive, with the presence of major international players. The Saudi Arabian construction market presents opportunities for growth during the forecast period, which is expected to further drive the competition in the market. With a few players holding a significant market share, the Saudi Arabian construction market has an observable level of consolidation. Some of the key players include JGC Corp., SNC-Lavalin, Fluor Corp., Van Oord Dredging & Marine Contractors BV, and VINCI. The government's focus on the creation of general infrastructure as well as energy and utility construction projects as part of its effort to diversify its economy away from the oil industry is anticipated to help the construction industry's output.
Saudi Arabia Construction Market Leaders
Bechtel
CB&I LLC
Fluor Corp.
Tekfen Construction and Installation Co. Inc.
Gilbane Building Co.
*Disclaimer: Major Players sorted in no particular order
