Saudi Arabia Transportation Infrastructure Construction Market Size

Statistics for the 2023 & 2024 Saudi Arabia Transportation Infrastructure Construction market size, created by Mordor Intelligence™ Industry Reports. Saudi Arabia Transportation Infrastructure Construction size report includes a market forecast to 2029 and historical overview. Get a sample of this industry size analysis as a free report PDF download.

Market Size of Saudi Arabia Transportation Infrastructure Construction Industry

Saudi Arabia Transportation Infrastructure Construction Market Summary
Study Period 2019 - 2029
Base Year For Estimation 2023
Market Size (2024) USD 9.90 Billion
Market Size (2029) USD 11.35 Billion
CAGR (2024 - 2029) 2.77 %
Market Concentration Low

Major Players

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*Disclaimer: Major Players sorted in no particular order

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Saudi Arabia Transportation Infrastructure Construction Market Analysis

The Saudi Arabia Transportation Infrastructure Construction Market size is estimated at USD 9.90 billion in 2024, and is expected to reach USD 11.35 billion by 2029, growing at a CAGR of 2.77% during the forecast period (2024-2029).

The COVID-19 had a meager impact on the Saudi Arabia construction sector in 2020, contracted by 0.9%, this Pandemic did not affect the transportation infrastructure construction market, as continuous investments were implemented by Saudi Arabian government.

Recently, Saudi Arabia planned a massive program of infrastructure development, 22 projects worth over USD 134 billion, out of which eight will be for road works, this will create a huge demand for transportation construction companies.

Saudi Arabia's Vision 2030, along with a significant investment in housing and infrastructure development promoted across the country by local authorities, is revitalizing the transportation construction industry and generating interest in a growing number of international players.

Saudi Arabia Transportation Infrastructure Construction Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)