"Machinery for Construction, Mining and Quarrying in Saudi Arabia: Industrial Report" Now Available at Fast Market Research
Market sees 9% CAGR over 2007-2012 to reach SR14 billion, driven by construction and mining industries. Market dominated by foreign producers as imports represent 92% of market value in 2012. Industry predicted to see 10% CAGR over forecast period to reach SR1.8 billion in 2018. Future growth of industry associated with booming construction projects in Saudi Arabia. Discoveries of mineral deposits and improved railway infrastructure expected to boost demand for mining equipment over forecast period.
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