Albany, NY -- (SBWIRE) -- 01/20/2017 -- Earthmoving equipment generally refers to heavy equipment that are extensively used in the construction industry to move large quantities of earth, dig foundations, and landscape areas. Excavators, loaders, and construction tractors are the different types of earthmoving equipment. The market for earthmoving equipment in Saudi Arabia is one of the fastest-growing construction equipment markets in the global construction market.

The earthmoving equipment market in Saudi Arabia to grow at a CAGR of 11.11% during the period 2016-2020. The report covers the present scenario and the growth prospects of the earthmoving equipment market in Saudi Arabia during 2016-2020. To calculate the market size, the report considers the total consumption value of earthmoving equipment in Saudi Arabia and segmented consumption value on the basis of the three major types of earthmoving equipment.

The market is divided into the following segments based on type:
- Excavator
- Construction tractor
- Loader

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Technavio's report, Earth Moving Equipment Market in Saudi Arabia 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
- Caterpillar
- JCB
- Komatsu
- Volvo

Other prominent vendors
- Bobcat
- KOBELCO Construction Machinery
- Liebherr
- Sany Heavy Industry
- XCMG

Market driver
- Rise in infrastructure construction
- For a full, detailed list, view our report

Market challenge
- Fluctuating prices of raw materials
- For a full, detailed list, view our report

Market trend
- Rise in demand for energy-efficient equipment
- For a full, detailed list, view our report

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Key questions answered in this report
- What will the market size be in 2020 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?

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