Market Size of Saudi Arabia Transportation Infrastructure Construction Industry
| 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
*Disclaimer: Major Players sorted in no particular order |
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 Industry Segmentation
Transportation infrastructure is referred to as the framework that facilitates the transportation system. Roads, railways, ports, and airports are all part of it. Daily, transportation infrastructure connects people to jobs, healthcare facilities, educational institutions, etc. It makes it easier to provide and receive goods and services worldwide. A complete background analysis of the Saudi Arabia Transportation Infrastructure Construction Market, including the assessment of the economy and contribution of sectors in the economy, a market overview, market size estimation for key segments, emerging trends in the market segments, market dynamics and geographical trends, and COVID-19 impact, is covered in the report.
The Saudi Arabia Transportation Infrastructure Construction Market is segmented by mode (roads, railways, airports, and waterways). The report offers market size and forecast values (USD) for all the above segments.
| By Mode | |
| Roads | |
| Railways | |
| Airports | |
| Waterways |
Saudi Arabia Transportation Infrastructure Construction Market Size Summary
The transportation infrastructure construction market in Saudi Arabia is poised for growth, driven by substantial government investments and strategic initiatives aligned with Vision 2030. The Kingdom's commitment to enhancing its transportation network is evident in its ambitious infrastructure development programs, which include numerous projects focused on roadworks and other transportation facilities. This surge in activity is attracting both local and international players, eager to capitalize on the opportunities presented by the expanding market. The government's efforts to privatize and streamline operations are expected to further boost efficiency and attract private sector investment, thereby fostering a competitive and dynamic market environment.
Saudi Arabia's transportation infrastructure is also experiencing significant developments in the aviation and rail sectors. The Kingdom aims to become a major global air transit hub, with plans to expand its airports and establish a new national airline to enhance international competitiveness. In the rail sector, the proposed GCC railway project highlights the Kingdom's commitment to regional connectivity and infrastructure expansion. The market is characterized by a mix of local, regional, and a few global players, with ongoing public-private partnerships creating avenues for investment and collaboration. These developments underscore the Kingdom's strategic focus on building a robust transportation infrastructure to support its economic diversification and growth objectives.
Saudi Arabia Transportation Infrastructure Construction Market Size - Table of Contents
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1. MARKET INSIGHTS AND DYNAMICS
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1.1 Market Overview
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1.2 Technological trends in the market
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1.3 Government regulations and initiatives
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1.4 Insights on Major Transport infrastucture proejcts (On-going and upcoming)
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1.5 Market Dynamics
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1.5.1 Market Drivers
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1.5.2 Market Restraints
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1.5.3 Market Opportunities
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1.6 Value Chain / Supply Chain Analysis
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1.7 Porter's Five Forces Analysis
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1.7.1 Threat of New Entrants
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1.7.2 Bargaining Power of Buyers/Consumers
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1.7.3 Bargaining Power of Suppliers
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1.7.4 Threat of Substitute Products
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1.7.5 Intensity of Competitive Rivalry
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1.8 Impact of COVID-19 on the market
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2. MARKET SEGMENTATION (Market Size By value)
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2.1 By Mode
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2.1.1 Roads
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2.1.2 Railways
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2.1.3 Airports
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2.1.4 Waterways
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Saudi Arabia Transportation Infrastructure Construction Market Size FAQs
How big is the Saudi Arabia Transportation Infrastructure Construction Market?
The Saudi Arabia Transportation Infrastructure Construction Market size is expected to reach USD 9.90 billion in 2024 and grow at a CAGR of 2.77% to reach USD 11.35 billion by 2029.
What is the current Saudi Arabia Transportation Infrastructure Construction Market size?
In 2024, the Saudi Arabia Transportation Infrastructure Construction Market size is expected to reach USD 9.90 billion.
