Dammam Construction Equipment Market Size & Share Analysis - Growth Trends & Forecasts (2025 - 2030)

The Dammam Construction Equipment Market Report is Segmented by Equipment Type (Cranes, Telescopic Handling, Excavators, Loaders and Backhoe, Motor Graders, Dump Trucks, and Others (Forklifts, Skid Steer Loaders, Etc. )), Propulsion Type (IC Engine, and Electric and Hybrid), End-User (Government, Private Contractors, and Rental Companies).

Dammam Construction Equipment Market Size & Share Analysis - Growth Trends & Forecasts (2025 - 2030)

Dammam Construction Equipment Market Size

Dammam Construction Equipment Market Summary
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

Dammam Construction Equipment Market Major Players

*Disclaimer: Major Players sorted in no particular order

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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 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

  1. Caterpillar Inc.

  2. Volvo Construction Equipment

  3. Hitachi Construction Machinery Co. Ltd

  4. Liebherr Group

  5. Komatsu Ltd

  6. *Disclaimer: Major Players sorted in no particular order
Dammam Construction Equipment Market Concentration
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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 Market Report - Table of Contents

1. INTRODUCTION

  • 1.1 Study Assumptions
  • 1.2 Scope of the Study

2. RESEARCH METHODOLOGY

3. EXECUTIVE SUMMARY

4. MARKET DYNAMICS

  • 4.1 Market Drivers
    • 4.1.1 Vision 2030 Infrastructure Initiatives Drives the Market
  • 4.2 Market Restraints
    • 4.2.1 Regulations and Internal Trade Policies May Hinder the Market Growth
  • 4.3 Industry Attractiveness - Porter's Five Forces Analysis
    • 4.3.1 Bargaining Power of Buyers/Consumers
    • 4.3.2 Bargaining Power of Suppliers
    • 4.3.3 Threat of New Entrants
    • 4.3.4 Threat of Substitute Products
    • 4.3.5 Intensity of Competitive Rivalry

5. MARKET SEGMENTATION (Market Size in USD)

  • 5.1 By Equipment Type
    • 5.1.1 Cranes
    • 5.1.2 Telescopic Handling
    • 5.1.3 Excavators
    • 5.1.4 Loaders and Backhoe
    • 5.1.5 Motor Graders
    • 5.1.6 Dump Trucks
    • 5.1.7 Others (Forklifts, Skid Steer Loaders, etc.)
  • 5.2 By Propulsion
    • 5.2.1 IC Engine
    • 5.2.2 Electric and Hybrid
  • 5.3 By End-User
    • 5.3.1 Government
    • 5.3.2 Private Contractors
    • 5.3.3 Rental Companies

6. COMPETITIVE LANDSCAPE

  • 6.1 Vendor Market Share
  • 6.2 Company Profiles
    • 6.2.1 Caterpillar Inc.
    • 6.2.2 Hyundai Construction Equipment
    • 6.2.3 JCB Ltd
    • 6.2.4 Sany Heavy Industry Co. Ltd
    • 6.2.5 Komatsu Ltd
    • 6.2.6 Volvo Construction Equipment
    • 6.2.7 Hitachi Construction Machinery Co. Ltd
    • 6.2.8 Liebherr Group
    • 6.2.9 Sandvik AB
    • 6.2.10 XCMG Group
    • 6.2.11 CASE Construction Equipment
    • 6.2.12 SUMITOMO (S.H.I.) CONSTRUCTION MACHINERY CO.,LTD.
  • *List Not Exhaustive

7. MARKET OPPORTUNITIES AND FUTURE TRENDS

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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
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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.