How big is the Saudi Arabia Construction Market?

The Saudi Arabia Construction Market size is expected to reach USD 70.33 billion in 2024 and grow at a CAGR of 5.37% to reach USD 91.36 billion by 2029. Read More

What is the current Saudi Arabia Construction Market size?

In 2024, the Saudi Arabia Construction Market size is expected to reach USD 70.33 billion. Read More

Who are the key players in Saudi Arabia Construction Market?

Bechtel, CB&I LLC, Fluor Corp., Tekfen Construction and Installation Co. Inc. and Gilbane Building Co. are the major companies operating in the Saudi Arabia Construction Market. Read More

What years does this Saudi Arabia Construction Market cover, and what was the market size in 2023?

In 2023, the Saudi Arabia Construction Market size was estimated at USD 66.55 billion. The report covers the Saudi Arabia Construction Market historical market size for years: 2020, 2021, 2022 and 2023. The report also forecasts the Saudi Arabia Construction Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029. Read More

Saudi Arabia Construction Market Share

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

Market Share of Saudi Arabia Construction Industry

The Saudi Arabian construction market is fragmented and highly competitive, with the presence of major international players. The Saudi Arabian construction market will present opportunities for growth during the forecast period, which is expected to further drive the competition in the market. With a few players holding a significant market share, the Saudi Arabian construction market has an observable level of consolidation. Some of the key players include JGC Corp., SNC-Lavalin, Fluor Corp., Van Oord Dredging & Marine Contractors BV, and VINCI. The government's focus on creating general infrastructure and energy and utility construction projects to diversify its economy away from the oil industry is anticipated to help the construction industry's output.