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Research and Markets Logo More Saudi Arabia construction equipment market is projected to grow at a CAGR of 3.1% during 2017-22. Growing construction market, expansion of metros & airports, construction of new hotels & malls along with growing metal & mining sectors are some of the key factors which have fuelled growth of the construction equipment market in Saudi Arabia. However, the market declined majorly in 2015 & 2016 due to slowdown in the construction sector. The slowdown was recorded owing to lower government spending on account of declining oil prices which halted or delayed several infrastructure projects. Though, the market declined in last two years, but is anticipated to bounce back post 2018. In 2016, earthmoving equipment captured major share in the overall market followed by material handling equipment and cranes. Amongst all the verticals, the construction vertical accounted for key market share and is expected to dominate in the forecast period due to growing investments in the country. The report thoroughly covers the market by construction equipment by types, by verticals and by regions. The report provides an unbiased and detailed analysis of the on-going trends, opportunities/high growth areas, market drivers which would help the stakeholders to device and align their market strategies according to the current and future market dynamics. Markets Covered: The report provides the detailed analysis of the following market segments: By Equipment Types: