
Study Period | 2020 - 2030 |
Base Year For Estimation | 2024 |
Forecast Data Period | 2025 - 2030 |
Market Size (2025) | USD 109.15 Million |
Market Size (2030) | USD 152.10 Million |
CAGR (2025 - 2030) | 6.86 % |
Market Concentration | Medium |
Major Players![]() *Disclaimer: Major Players sorted in no particular order |
Dammam Construction Equipment Market Analysis
The Dammam Construction Equipment Market size is estimated at USD 109.15 million in 2025, and is expected to reach USD 152.10 million by 2030, at a CAGR of 6.86% during the forecast period (2025-2030).
The increase in construction activity is expected to drive demand for the construction equipment market in Dammam. Factors such as rapid urbanization and industrialization, followed by rising government investments in the infrastructure development and growth activities of real estate and construction companies across the region, are expected to enhance demand in the market.
The market is expected to grow due to investments in improving construction sites and collaboration among major players for infrastructure projects. Additionally, the region's energy and power projects, highway expansion, and smart city developments boost market expansion.
Saudi Arabia's Vision 2030 aims to lessen the nation's oil dependency and chart a sustainable future. This ambitious plan has introduced several initiatives set to transform the country's construction equipment sector. Key to this evolution are monumental projects like Adel District, King Fahd Causeway Expansion, Ajdan Waterfront, Dammam Port Upgrades, and others. These mega projects necessitate extensive infrastructure development, driving up the demand for construction equipment.
Despite the market's growth, there are a few challenges, such as the volatile oil prices, which affect government spending on infrastructure. However, diversification efforts under Vision 2030 present opportunities for construction companies to explore new segments like renewable energy projects, industrial complexes, and smart city developments.
Dammam Construction Equipment Market Trends
Excavators Equipment Segment to Fuel the Market Demand
Excavators play a significant role in the construction sector due to their versatility and efficiency. These machines are commonly used for digging, earthmoving, and excavating and have powerful arms and buckets that can move substantial amounts of soil, rocks, and debris.
Growing infrastructure development, such as road, rail, building infrastructure, and many others across Saudi Arabia, is likely to enhance the demand for excavators. Excavators are widely used for heavy-lift applications, which are likely to witness major growth for the market during the forecast period.
The infrastructure development in the country, including rail track expansion and replacement, bridge upgrades, and electrification of railway lines, will drive demand for construction equipment including excavators. This will create opportunities for the construction equipment market to grow and innovate in response to sustainable infrastructure development. For instance,
The ongoing construction infrastructure projects, including roads, bridges, and residential developments under Vision 2030, are pivotal in shaping the market landscape. This vision aims to diversify the economy away from oil dependency and enhance public services, thereby stimulating construction activities.
- Saudi Global Ports (SGP) and Saudi Ports Authority (Mawani) signed an agreement to establish a 1 million square meters integrated logistics zone at King Abdulaziz Port Dammam (KAPD).
- Under the agreement, SGP is slated to invest about SAR 1 billion (USD 267 million) to develop the integrated logistics zone and is studying the options for bonded warehouses and modern cold store capabilities.
Owing to these abovementioned factors, the adoption of excavators is increasing in the region and such positive trends are expected to enhance the growth of the excavator’s segment growth over the forecast period.

Internal Combustion Engine Propulsion Type Segment to Hold a Significant Market Share
The internal combustion engine segment plays a significant role in driving the Dammam construction equipment market, primarily owing to its dominance in providing reliable and powerful machinery suited for heavy-duty operations.
With infrastructure development running at a high pace across the region, the demand for heavy-duty construction equipment like graders, dump trucks, material handling equipment, excavators, and loaders has witnessed a prominent increase over the past few years.
Oil and gas operations, particularly those in remote locations, demand robust and durable equipment capable of operating in harsh environments for extended periods. Internal combustion engine equipment, such as diesel-powered pumps, compressors, dump trucks, loaders, and excavators, are well-suited to meet these demands due to their high-power output, fuel efficiency, and ability to handle heavy loads.
However, the growing awareness of electrification in the region may act as a restraint to this segment, and this, in turn, is anticipated to hamper the internal combustion engine segment growth over the study period.
- Saudi Arabia is putting itself on the path to adopting electric vehicles. The current Saudi framework for electric vehicles is in its early stages and is yet to be developed into a comprehensive framework. Recent electric vehicle initiatives are in line with the general objective of the country’s vision for 2030, which aims to diversify the country’s economy away from oil and gas.
Many mining sites are in remote areas with limited or no access to reliable electricity. Internal combustion-powered equipment is the most feasible option, running continuously with a steady fuel supply, ensuring uninterrupted mining operations. The availability of diesel and other fuels across various regions increases the convenience of using internal combustion engine equipment in such settings.
This transition represents both a challenge and an opportunity for the internal combustion engine equipment segment, as advancements in engine technology can help maintain its relevance in the construction industry.
Hence, owing to these aforementioned factors, this segment is expected to see significant market growth and is likely to create opportunities for the construction equipment market over the forecast period.

Dammam Construction Equipment Industry Overview
The Dammam Construction Equipment Market is fragmented, A few prominent companies include Caterpillar Inc., Volvo Construction Equipment, Hitachi Construction Machinery Co. Ltd, Liebherr Group, Komatsu Ltd, and others. A few companies in the market are focusing on improving their product portfolios to widen their customer base. Some other key players aim to expand their presence in the market through, product launches, offerings expansion, manufacturing expansion, and collaborations with other companies. For instance,
- In March 2024, The Heavy Equipment and Truck (HEAT) Show, Saudi Arabia's largest event for commercial vehicles and heavy construction machinery, ran during March 2024, at Dhahran Expo, Dammam, Saudi Arabia. Positioned at the heart of the Kingdom's oil and gas industry, the exhibition will showcase cutting-edge equipment and transportation solutions, aligning with Saudi Arabia's rapid growth and innovation demands.
Dammam Construction Equipment Market Leaders
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Caterpillar Inc.
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Volvo Construction Equipment
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Hitachi Construction Machinery Co. Ltd
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Liebherr Group
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Komatsu Ltd
- *Disclaimer: Major Players sorted in no particular order

Dammam Construction Equipment Market News
- July 2024: XCMG a Chinese manufacturer announced an expansion in Dammam, Saudi Arabia, with the launch of a new service center for construction equipment. The new service location builds on the existing service network in Saudi Arabia and aligns with the firm’s goal of boosting service efficiency across the region.
- November 2024: Saudi Liebherr Company, in partnership with ACT Group Co., hosted an exclusive demonstration of the Liebherr MK 140 mobile construction crane at its facility in Dammam, Saudi Arabia. The event attracted approximately 30 attendees, primarily customers from the petrochemical sector, who were invited by ACT Group, a prominent crane service provider in the region. The demonstration showcased the advanced capabilities and innovative features of the MK 140, highlighting its potential to meet the unique demands of the petrochemical industry.
Dammam Construction Equipment Industry Segmentation
Construction equipment refers to a range of heavy-duty machines specifically designed for executing construction tasks, such as earthmoving, material handling, demolition, and excavation. These machines include bulldozers, excavators, loaders, cranes, and more, essential for efficiently completing large-scale projects like infrastructure development, residential and commercial buildings, and road construction. Modern construction equipment often integrates advanced technologies like GPS and telematics to enhance productivity, safety, and precision.
The scope of the Dammam Construction Equipment Market is segmented By Equipment Type, Propulsion, and End-User. By Equipment Type, the market is segmented into Cranes, Telescopic Handling, Excavators, Loaders and Backhoe, Motor Graders, Dump Trucks, and Others (Forklifts, Skid Steer Loaders, etc.). By Propulsion, the market is segmented into IC Engine and Electric and Hybrid. By End-User, the market is segmented into Government, Private Contractors, and Rental Companies.
The report offers the market size in value (USD) and forecasts for all the above segments.
By Equipment Type | Cranes |
Telescopic Handling | |
Excavators | |
Loaders and Backhoe | |
Motor Graders | |
Dump Trucks | |
Others (Forklifts, Skid Steer Loaders, etc.) | |
By Propulsion | IC Engine |
Electric and Hybrid | |
By End-User | Government |
Private Contractors | |
Rental Companies |
Dammam Construction Equipment Market Research FAQs
How big is the Dammam Construction Equipment Market?
The Dammam Construction Equipment Market size is expected to reach USD 109.15 million in 2025 and grow at a CAGR of 6.86% to reach USD 152.10 million by 2030.
What is the current Dammam Construction Equipment Market size?
In 2025, the Dammam Construction Equipment Market size is expected to reach USD 109.15 million.
Who are the key players in Dammam Construction Equipment Market?
Caterpillar Inc., Volvo Construction Equipment, Hitachi Construction Machinery Co. Ltd, Liebherr Group and Komatsu Ltd are the major companies operating in the Dammam Construction Equipment Market.
What years does this Dammam Construction Equipment Market cover, and what was the market size in 2024?
In 2024, the Dammam Construction Equipment Market size was estimated at USD 101.66 million. The report covers the Dammam Construction Equipment Market historical market size for years: 2020, 2021, 2022, 2023 and 2024. The report also forecasts the Dammam Construction Equipment Market size for years: 2025, 2026, 2027, 2028, 2029 and 2030.
Dammam Construction Equipment Industry Report
Statistics for the 2025 Dammam Construction Equipment market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Dammam Construction Equipment analysis includes a market forecast outlook for 2025 to 2030 and historical overview. Get a sample of this industry analysis as a free report PDF download.