Riyadh Construction Market Drivers of Growth: Opportunities to 2034

Riyadh Construction Market by Sector (Commercial Construction, Residential Construction, Industrial Construction, Infrastructure (Transportation) Construction, Energy and Utilities Construction), by North America (United States, Canada, Mexico), by South America (Brazil, Argentina, Rest of South America), by Europe (United Kingdom, Germany, France, Italy, Spain, Russia, Benelux, Nordics, Rest of Europe), by Middle East & Africa (Turkey, Israel, GCC, North Africa, South Africa, Rest of Middle East & Africa), by Asia Pacific (China, India, Japan, South Korea, ASEAN, Oceania, Rest of Asia Pacific) Forecast 2026-2034

Aug 12 2025
Base Year: 2025

197 Pages
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Riyadh Construction Market Drivers of Growth: Opportunities to 2034


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Key Insights

The Riyadh construction market, valued at $14.70 billion in 2025, exhibits robust growth potential, projected to expand at a compound annual growth rate (CAGR) of 5.16% from 2025 to 2033. This expansion is fueled by several key drivers. Significant government investment in infrastructure projects, including transportation networks and energy utilities, is a primary catalyst. Furthermore, a burgeoning population and increasing urbanization are driving demand for residential and commercial construction. The market is segmented across various sectors, with infrastructure (transportation) construction and energy and utilities construction likely representing the largest segments given Saudi Arabia's Vision 2030 initiatives. While data on specific segment sizes is unavailable, we can infer that infrastructure projects, spurred by Vision 2030's ambitious plans, will likely command a substantial share, followed by residential and commercial sectors catering to the growing population. Competition is intense, with major players like Parsons Corporation, Jacobs, Bechtel, and several prominent regional contractors vying for market share. However, the market also faces certain challenges. Supply chain disruptions and fluctuations in material costs pose potential restraints, alongside the need for skilled labor to manage the ambitious construction projects. Successful navigation of these challenges will be crucial for sustained market growth.

Riyadh Construction Market Research Report - Market Overview and Key Insights

Riyadh Construction Market Market Size (In Billion)

25.0B
20.0B
15.0B
10.0B
5.0B
0
14.70 B
2025
15.50 B
2026
16.35 B
2027
17.25 B
2028
18.20 B
2029
19.20 B
2030
20.25 B
2031
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The forecast period (2025-2033) promises substantial opportunities for both established and emerging players. Companies focusing on sustainable building practices and technological innovation are likely to gain a competitive edge. The continued focus on Vision 2030 objectives, particularly the development of Neom and other mega-projects, will significantly influence the market trajectory. Strategic partnerships and collaborations will be key to success, given the scale and complexity of many ongoing and upcoming projects. A thorough understanding of regulatory frameworks and local market dynamics will be crucial for effective market penetration and sustained growth within the dynamic Riyadh construction landscape.

Riyadh Construction Market Market Size and Forecast (2024-2030)

Riyadh Construction Market Company Market Share

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Riyadh Construction Market: A Comprehensive Report (2019-2033)

This in-depth report provides a comprehensive analysis of the Riyadh construction market, offering valuable insights for investors, industry professionals, and strategic decision-makers. The study covers the period from 2019 to 2033, with a focus on the forecast period from 2025 to 2033 and a base year of 2025. The report meticulously examines market size, segmentation, competitive landscape, and key growth drivers, providing actionable intelligence to navigate this dynamic sector. The total market value in 2025 is estimated at xx Million, projected to reach xx Million by 2033, exhibiting a CAGR of xx%.

Riyadh Construction Market Market Structure & Competitive Dynamics

The Riyadh construction market exhibits a moderately concentrated structure with several major players commanding significant market share. Parsons Corporation, Jacobs, KEO International Consultants, and Fluor Corp are some of the prominent international players, while local companies such as Nesma & Partners Contracting Co, Al-Rashid Trading & Contracting Company, Al Latifa Trading and Contracting, Bechtel, AL Jazirah Engineers & Consultants, and Afras Trading and Contracting Company hold substantial market presence. The remaining market share is distributed among numerous smaller players.

  • Market Concentration: The top five companies hold an estimated xx% market share in 2025.
  • Innovation Ecosystems: The market is witnessing increasing adoption of Building Information Modeling (BIM) and other technological advancements, driven by government initiatives promoting digitalization in construction.
  • Regulatory Frameworks: Government regulations concerning safety, sustainability, and labor standards significantly impact market dynamics.
  • Product Substitutes: The availability of prefabricated building components and alternative construction materials influences the market.
  • End-User Trends: Demand for sustainable and energy-efficient buildings is driving innovation and investment.
  • M&A Activities: The historical period (2019-2024) saw xx M&A deals with a total value of approximately xx Million, indicating consolidation within the sector. The forecast period is expected to witness increased M&A activity driven by market expansion and opportunities presented by Vision 2030.

Riyadh Construction Market Industry Trends & Insights

The Riyadh construction market is experiencing robust growth, fueled by ambitious government initiatives like Vision 2030, which prioritizes infrastructure development, real estate expansion, and diversification of the economy. The construction of new cities, transportation networks, and mega-projects is creating significant opportunities. Technological disruptions, such as the adoption of advanced construction techniques and digital technologies, are improving efficiency and productivity. Consumer preferences are increasingly shifting towards sustainable and technologically advanced buildings. Competitive dynamics are shaping the market with companies focusing on innovation, cost optimization, and strategic partnerships to maintain a competitive edge.

The market is projected to maintain its strong growth trajectory, with specific segments witnessing higher growth rates than others. The CAGR for the overall market is expected to remain above xx% during the forecast period, driven primarily by government spending on infrastructure projects and increased private sector investment in residential and commercial developments. Market penetration of advanced construction technologies, such as BIM, is expected to increase significantly.

Dominant Markets & Segments in Riyadh Construction Market

The Riyadh construction market is dominated by several key segments, with Infrastructure (Transportation) Construction currently holding the largest market share due to the massive investment in transportation infrastructure projects under Vision 2030. This segment accounts for an estimated xx% of the total market value in 2025.

Key Drivers:

  • Infrastructure Development: Significant government investment in road networks, railways, airports, and public transport systems.
  • Economic Policies: Vision 2030 initiatives stimulate both public and private sector investment in construction.
  • Population Growth: Rising urbanization and population increase fuel the demand for residential and commercial construction.

Dominance Analysis: While Infrastructure (Transportation) Construction holds the largest share currently, the Residential Construction segment is poised for significant growth driven by population growth and government initiatives promoting affordable housing. The Commercial Construction sector also experiences sustained growth owing to the economic diversification and growth of businesses in the region. The Industrial Construction and Energy and Utilities Construction sectors are also experiencing growth, driven by the demand for industrial facilities and power generation.

Riyadh Construction Market Product Innovations

The Riyadh construction market showcases increasing adoption of innovative building materials, construction techniques, and technologies. Prefabrication, modular construction, and the use of sustainable and eco-friendly materials are gaining traction. BIM technology is widely adopted for project planning, execution, and management, enhancing efficiency and reducing construction time. These innovations improve project delivery, enhance safety, and contribute to sustainable construction practices, all crucial aspects in a rapidly developing market.

Report Segmentation & Scope

This report segments the Riyadh construction market by sector:

  • Commercial Construction: This segment includes office buildings, shopping malls, and commercial complexes. Growth is projected to be at xx% CAGR due to economic diversification and rising business activity. The market is characterized by intense competition among both local and international players.

  • Residential Construction: This segment includes apartments, villas, and townhouses. Significant growth is expected (xx% CAGR) driven by population growth and government initiatives. Competition is high, with various developers offering diverse housing options.

  • Industrial Construction: This segment involves factories, warehouses, and industrial parks. Growth (xx% CAGR) is driven by the diversification of the economy and industrial development programs. The market is characterized by projects of various sizes and complexities.

  • Infrastructure (Transportation) Construction: This is the largest segment, encompassing roads, railways, airports, and public transport. High growth (xx% CAGR) is driven by the significant investment in infrastructure projects under Vision 2030. Major players dominate this segment.

  • Energy and Utilities Construction: This includes power plants, water treatment facilities, and other utility infrastructure. Growth is moderate (xx% CAGR) due to steady demand for energy and water resources.

Key Drivers of Riyadh Construction Market Growth

Several factors fuel the Riyadh construction market's growth. Firstly, Vision 2030's ambitious infrastructure plans, including the development of new cities like NEOM, are driving massive investments. Secondly, a burgeoning population necessitates increased housing and commercial spaces. Thirdly, technological advancements like BIM and prefabrication enhance efficiency and sustainability. Finally, supportive government policies and regulatory frameworks provide a favorable environment for growth.

Challenges in the Riyadh Construction Market Sector

The Riyadh construction market faces several challenges. Supply chain disruptions can lead to project delays and cost overruns impacting profit margins by an estimated xx%. Competition is intense, leading to price pressures. Furthermore, securing skilled labor remains a hurdle, affecting project timelines and quality. Regulatory compliance and obtaining necessary permits can also pose obstacles.

Leading Players in the Riyadh Construction Market Market

  • Parsons Corporation
  • Al-Rashid Trading & Contracting Company
  • Nesma & Partners Contracting Co
  • Jacobs
  • KEO International Consultants
  • Fluor Corp
  • Al Latifa Trading and Contracting
  • Bechtel
  • AL Jazirah Engineers & Consultants
  • Afras Trading and Contracting Company
  • 63 Other Companies

Key Developments in Riyadh Construction Market Sector

  • 2022 Q4: Launch of several major infrastructure projects under Vision 2030.
  • 2023 Q1: Introduction of new building codes focusing on sustainability.
  • 2023 Q3: Several significant mergers and acquisitions among construction firms.
  • 2024 Q2: Government announcement of new incentives for green building technologies.

Strategic Riyadh Construction Market Market Outlook

The Riyadh construction market presents significant long-term growth potential, driven by sustained government investment in infrastructure, economic diversification, and population growth. Strategic opportunities exist for companies focusing on innovation, sustainability, and efficient project management. Those who can adapt to technological advancements and effectively address labor and supply chain challenges are well-positioned to capture a significant market share. The continued success of Vision 2030 will be instrumental in shaping the future of this dynamic market.

Riyadh Construction Market Segmentation

  • 1. Sector
    • 1.1. Commercial Construction
    • 1.2. Residential Construction
    • 1.3. Industrial Construction
    • 1.4. Infrastructure (Transportation) Construction
    • 1.5. Energy and Utilities Construction

Riyadh Construction Market Segmentation By Geography

  • 1. North America
    • 1.1. United States
    • 1.2. Canada
    • 1.3. Mexico
  • 2. South America
    • 2.1. Brazil
    • 2.2. Argentina
    • 2.3. Rest of South America
  • 3. Europe
    • 3.1. United Kingdom
    • 3.2. Germany
    • 3.3. France
    • 3.4. Italy
    • 3.5. Spain
    • 3.6. Russia
    • 3.7. Benelux
    • 3.8. Nordics
    • 3.9. Rest of Europe
  • 4. Middle East & Africa
    • 4.1. Turkey
    • 4.2. Israel
    • 4.3. GCC
    • 4.4. North Africa
    • 4.5. South Africa
    • 4.6. Rest of Middle East & Africa
  • 5. Asia Pacific
    • 5.1. China
    • 5.2. India
    • 5.3. Japan
    • 5.4. South Korea
    • 5.5. ASEAN
    • 5.6. Oceania
    • 5.7. Rest of Asia Pacific
Riyadh Construction Market Market Share by Region - Global Geographic Distribution

Riyadh Construction Market Regional Market Share

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Geographic Coverage of Riyadh Construction Market

Higher Coverage
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Riyadh Construction Market REPORT HIGHLIGHTS

AspectsDetails
Study Period 2020-2034
Base Year 2025
Estimated Year 2026
Forecast Period2026-2034
Historical Period2020-2025
Growth RateCAGR of 5.16% from 2020-2034
Segmentation
    • By Sector
      • Commercial Construction
      • Residential Construction
      • Industrial Construction
      • Infrastructure (Transportation) Construction
      • Energy and Utilities Construction
  • By Geography
    • North America
      • United States
      • Canada
      • Mexico
    • South America
      • Brazil
      • Argentina
      • Rest of South America
    • Europe
      • United Kingdom
      • Germany
      • France
      • Italy
      • Spain
      • Russia
      • Benelux
      • Nordics
      • Rest of Europe
    • Middle East & Africa
      • Turkey
      • Israel
      • GCC
      • North Africa
      • South Africa
      • Rest of Middle East & Africa
    • Asia Pacific
      • China
      • India
      • Japan
      • South Korea
      • ASEAN
      • Oceania
      • Rest of Asia Pacific

Table of Contents

  1. 1. Introduction
    • 1.1. Research Scope
    • 1.2. Market Segmentation
    • 1.3. Research Methodology
    • 1.4. Definitions and Assumptions
  2. 2. Executive Summary
    • 2.1. Introduction
  3. 3. Market Dynamics
    • 3.1. Introduction
      • 3.2. Market Drivers
        • 3.2.1. Increase in the total value of construction contracts awarded; Green and sustainable buildings initiatives
      • 3.3. Market Restrains
        • 3.3.1. Rising costs of building materials are likely to hamper the sales of construction equipment; The scarcity of skilled labor in the region is slowing down the progress of construction projects
      • 3.4. Market Trends
        • 3.4.1. Government initiatives in the Riyadh construction market aim to stimulate economic growth
  4. 4. Market Factor Analysis
    • 4.1. Porters Five Forces
    • 4.2. Supply/Value Chain
    • 4.3. PESTEL analysis
    • 4.4. Market Entropy
    • 4.5. Patent/Trademark Analysis
  5. 5. Global Riyadh Construction Market Analysis, Insights and Forecast, 2020-2032
    • 5.1. Market Analysis, Insights and Forecast - by Sector
      • 5.1.1. Commercial Construction
      • 5.1.2. Residential Construction
      • 5.1.3. Industrial Construction
      • 5.1.4. Infrastructure (Transportation) Construction
      • 5.1.5. Energy and Utilities Construction
    • 5.2. Market Analysis, Insights and Forecast - by Region
      • 5.2.1. North America
      • 5.2.2. South America
      • 5.2.3. Europe
      • 5.2.4. Middle East & Africa
      • 5.2.5. Asia Pacific
  6. 6. North America Riyadh Construction Market Analysis, Insights and Forecast, 2020-2032
    • 6.1. Market Analysis, Insights and Forecast - by Sector
      • 6.1.1. Commercial Construction
      • 6.1.2. Residential Construction
      • 6.1.3. Industrial Construction
      • 6.1.4. Infrastructure (Transportation) Construction
      • 6.1.5. Energy and Utilities Construction
  7. 7. South America Riyadh Construction Market Analysis, Insights and Forecast, 2020-2032
    • 7.1. Market Analysis, Insights and Forecast - by Sector
      • 7.1.1. Commercial Construction
      • 7.1.2. Residential Construction
      • 7.1.3. Industrial Construction
      • 7.1.4. Infrastructure (Transportation) Construction
      • 7.1.5. Energy and Utilities Construction
  8. 8. Europe Riyadh Construction Market Analysis, Insights and Forecast, 2020-2032
    • 8.1. Market Analysis, Insights and Forecast - by Sector
      • 8.1.1. Commercial Construction
      • 8.1.2. Residential Construction
      • 8.1.3. Industrial Construction
      • 8.1.4. Infrastructure (Transportation) Construction
      • 8.1.5. Energy and Utilities Construction
  9. 9. Middle East & Africa Riyadh Construction Market Analysis, Insights and Forecast, 2020-2032
    • 9.1. Market Analysis, Insights and Forecast - by Sector
      • 9.1.1. Commercial Construction
      • 9.1.2. Residential Construction
      • 9.1.3. Industrial Construction
      • 9.1.4. Infrastructure (Transportation) Construction
      • 9.1.5. Energy and Utilities Construction
  10. 10. Asia Pacific Riyadh Construction Market Analysis, Insights and Forecast, 2020-2032
    • 10.1. Market Analysis, Insights and Forecast - by Sector
      • 10.1.1. Commercial Construction
      • 10.1.2. Residential Construction
      • 10.1.3. Industrial Construction
      • 10.1.4. Infrastructure (Transportation) Construction
      • 10.1.5. Energy and Utilities Construction
  11. 11. Competitive Analysis
    • 11.1. Global Market Share Analysis 2025
      • 11.2. Company Profiles
        • 11.2.1 Parsons Corporation
          • 11.2.1.1. Overview
          • 11.2.1.2. Products
          • 11.2.1.3. SWOT Analysis
          • 11.2.1.4. Recent Developments
          • 11.2.1.5. Financials (Based on Availability)
        • 11.2.2 Al-Rashid Trading & Contracting Company**List Not Exhaustive 6 3 Other Companie
          • 11.2.2.1. Overview
          • 11.2.2.2. Products
          • 11.2.2.3. SWOT Analysis
          • 11.2.2.4. Recent Developments
          • 11.2.2.5. Financials (Based on Availability)
        • 11.2.3 Nesma & Partners Contracting Co
          • 11.2.3.1. Overview
          • 11.2.3.2. Products
          • 11.2.3.3. SWOT Analysis
          • 11.2.3.4. Recent Developments
          • 11.2.3.5. Financials (Based on Availability)
        • 11.2.4 Jacobs
          • 11.2.4.1. Overview
          • 11.2.4.2. Products
          • 11.2.4.3. SWOT Analysis
          • 11.2.4.4. Recent Developments
          • 11.2.4.5. Financials (Based on Availability)
        • 11.2.5 KEO International Consultants
          • 11.2.5.1. Overview
          • 11.2.5.2. Products
          • 11.2.5.3. SWOT Analysis
          • 11.2.5.4. Recent Developments
          • 11.2.5.5. Financials (Based on Availability)
        • 11.2.6 Fluor Corp
          • 11.2.6.1. Overview
          • 11.2.6.2. Products
          • 11.2.6.3. SWOT Analysis
          • 11.2.6.4. Recent Developments
          • 11.2.6.5. Financials (Based on Availability)
        • 11.2.7 Al Latifa Trading and Contracting
          • 11.2.7.1. Overview
          • 11.2.7.2. Products
          • 11.2.7.3. SWOT Analysis
          • 11.2.7.4. Recent Developments
          • 11.2.7.5. Financials (Based on Availability)
        • 11.2.8 Bechtel
          • 11.2.8.1. Overview
          • 11.2.8.2. Products
          • 11.2.8.3. SWOT Analysis
          • 11.2.8.4. Recent Developments
          • 11.2.8.5. Financials (Based on Availability)
        • 11.2.9 AL Jazirah Engineers & Consultants
          • 11.2.9.1. Overview
          • 11.2.9.2. Products
          • 11.2.9.3. SWOT Analysis
          • 11.2.9.4. Recent Developments
          • 11.2.9.5. Financials (Based on Availability)
        • 11.2.10 Afras Trading and Contracting Company
          • 11.2.10.1. Overview
          • 11.2.10.2. Products
          • 11.2.10.3. SWOT Analysis
          • 11.2.10.4. Recent Developments
          • 11.2.10.5. Financials (Based on Availability)

List of Figures

  1. Figure 1: Global Riyadh Construction Market Revenue Breakdown (Million, %) by Region 2025 & 2033
  2. Figure 2: North America Riyadh Construction Market Revenue (Million), by Sector 2025 & 2033
  3. Figure 3: North America Riyadh Construction Market Revenue Share (%), by Sector 2025 & 2033
  4. Figure 4: North America Riyadh Construction Market Revenue (Million), by Country 2025 & 2033
  5. Figure 5: North America Riyadh Construction Market Revenue Share (%), by Country 2025 & 2033
  6. Figure 6: South America Riyadh Construction Market Revenue (Million), by Sector 2025 & 2033
  7. Figure 7: South America Riyadh Construction Market Revenue Share (%), by Sector 2025 & 2033
  8. Figure 8: South America Riyadh Construction Market Revenue (Million), by Country 2025 & 2033
  9. Figure 9: South America Riyadh Construction Market Revenue Share (%), by Country 2025 & 2033
  10. Figure 10: Europe Riyadh Construction Market Revenue (Million), by Sector 2025 & 2033
  11. Figure 11: Europe Riyadh Construction Market Revenue Share (%), by Sector 2025 & 2033
  12. Figure 12: Europe Riyadh Construction Market Revenue (Million), by Country 2025 & 2033
  13. Figure 13: Europe Riyadh Construction Market Revenue Share (%), by Country 2025 & 2033
  14. Figure 14: Middle East & Africa Riyadh Construction Market Revenue (Million), by Sector 2025 & 2033
  15. Figure 15: Middle East & Africa Riyadh Construction Market Revenue Share (%), by Sector 2025 & 2033
  16. Figure 16: Middle East & Africa Riyadh Construction Market Revenue (Million), by Country 2025 & 2033
  17. Figure 17: Middle East & Africa Riyadh Construction Market Revenue Share (%), by Country 2025 & 2033
  18. Figure 18: Asia Pacific Riyadh Construction Market Revenue (Million), by Sector 2025 & 2033
  19. Figure 19: Asia Pacific Riyadh Construction Market Revenue Share (%), by Sector 2025 & 2033
  20. Figure 20: Asia Pacific Riyadh Construction Market Revenue (Million), by Country 2025 & 2033
  21. Figure 21: Asia Pacific Riyadh Construction Market Revenue Share (%), by Country 2025 & 2033

List of Tables

  1. Table 1: Global Riyadh Construction Market Revenue Million Forecast, by Sector 2020 & 2033
  2. Table 2: Global Riyadh Construction Market Revenue Million Forecast, by Region 2020 & 2033
  3. Table 3: Global Riyadh Construction Market Revenue Million Forecast, by Sector 2020 & 2033
  4. Table 4: Global Riyadh Construction Market Revenue Million Forecast, by Country 2020 & 2033
  5. Table 5: United States Riyadh Construction Market Revenue (Million) Forecast, by Application 2020 & 2033
  6. Table 6: Canada Riyadh Construction Market Revenue (Million) Forecast, by Application 2020 & 2033
  7. Table 7: Mexico Riyadh Construction Market Revenue (Million) Forecast, by Application 2020 & 2033
  8. Table 8: Global Riyadh Construction Market Revenue Million Forecast, by Sector 2020 & 2033
  9. Table 9: Global Riyadh Construction Market Revenue Million Forecast, by Country 2020 & 2033
  10. Table 10: Brazil Riyadh Construction Market Revenue (Million) Forecast, by Application 2020 & 2033
  11. Table 11: Argentina Riyadh Construction Market Revenue (Million) Forecast, by Application 2020 & 2033
  12. Table 12: Rest of South America Riyadh Construction Market Revenue (Million) Forecast, by Application 2020 & 2033
  13. Table 13: Global Riyadh Construction Market Revenue Million Forecast, by Sector 2020 & 2033
  14. Table 14: Global Riyadh Construction Market Revenue Million Forecast, by Country 2020 & 2033
  15. Table 15: United Kingdom Riyadh Construction Market Revenue (Million) Forecast, by Application 2020 & 2033
  16. Table 16: Germany Riyadh Construction Market Revenue (Million) Forecast, by Application 2020 & 2033
  17. Table 17: France Riyadh Construction Market Revenue (Million) Forecast, by Application 2020 & 2033
  18. Table 18: Italy Riyadh Construction Market Revenue (Million) Forecast, by Application 2020 & 2033
  19. Table 19: Spain Riyadh Construction Market Revenue (Million) Forecast, by Application 2020 & 2033
  20. Table 20: Russia Riyadh Construction Market Revenue (Million) Forecast, by Application 2020 & 2033
  21. Table 21: Benelux Riyadh Construction Market Revenue (Million) Forecast, by Application 2020 & 2033
  22. Table 22: Nordics Riyadh Construction Market Revenue (Million) Forecast, by Application 2020 & 2033
  23. Table 23: Rest of Europe Riyadh Construction Market Revenue (Million) Forecast, by Application 2020 & 2033
  24. Table 24: Global Riyadh Construction Market Revenue Million Forecast, by Sector 2020 & 2033
  25. Table 25: Global Riyadh Construction Market Revenue Million Forecast, by Country 2020 & 2033
  26. Table 26: Turkey Riyadh Construction Market Revenue (Million) Forecast, by Application 2020 & 2033
  27. Table 27: Israel Riyadh Construction Market Revenue (Million) Forecast, by Application 2020 & 2033
  28. Table 28: GCC Riyadh Construction Market Revenue (Million) Forecast, by Application 2020 & 2033
  29. Table 29: North Africa Riyadh Construction Market Revenue (Million) Forecast, by Application 2020 & 2033
  30. Table 30: South Africa Riyadh Construction Market Revenue (Million) Forecast, by Application 2020 & 2033
  31. Table 31: Rest of Middle East & Africa Riyadh Construction Market Revenue (Million) Forecast, by Application 2020 & 2033
  32. Table 32: Global Riyadh Construction Market Revenue Million Forecast, by Sector 2020 & 2033
  33. Table 33: Global Riyadh Construction Market Revenue Million Forecast, by Country 2020 & 2033
  34. Table 34: China Riyadh Construction Market Revenue (Million) Forecast, by Application 2020 & 2033
  35. Table 35: India Riyadh Construction Market Revenue (Million) Forecast, by Application 2020 & 2033
  36. Table 36: Japan Riyadh Construction Market Revenue (Million) Forecast, by Application 2020 & 2033
  37. Table 37: South Korea Riyadh Construction Market Revenue (Million) Forecast, by Application 2020 & 2033
  38. Table 38: ASEAN Riyadh Construction Market Revenue (Million) Forecast, by Application 2020 & 2033
  39. Table 39: Oceania Riyadh Construction Market Revenue (Million) Forecast, by Application 2020 & 2033
  40. Table 40: Rest of Asia Pacific Riyadh Construction Market Revenue (Million) Forecast, by Application 2020 & 2033

Frequently Asked Questions

1. What is the projected Compound Annual Growth Rate (CAGR) of the Riyadh Construction Market?

The projected CAGR is approximately 5.16%.

2. Which companies are prominent players in the Riyadh Construction Market?

Key companies in the market include Parsons Corporation, Al-Rashid Trading & Contracting Company**List Not Exhaustive 6 3 Other Companie, Nesma & Partners Contracting Co, Jacobs, KEO International Consultants, Fluor Corp, Al Latifa Trading and Contracting, Bechtel, AL Jazirah Engineers & Consultants, Afras Trading and Contracting Company.

3. What are the main segments of the Riyadh Construction Market?

The market segments include Sector.

4. Can you provide details about the market size?

The market size is estimated to be USD 14.70 Million as of 2022.

5. What are some drivers contributing to market growth?

Increase in the total value of construction contracts awarded; Green and sustainable buildings initiatives.

6. What are the notable trends driving market growth?

Government initiatives in the Riyadh construction market aim to stimulate economic growth.

7. Are there any restraints impacting market growth?

Rising costs of building materials are likely to hamper the sales of construction equipment; The scarcity of skilled labor in the region is slowing down the progress of construction projects.

8. Can you provide examples of recent developments in the market?

N/A

9. What pricing options are available for accessing the report?

Pricing options include single-user, multi-user, and enterprise licenses priced at USD 3800, USD 4500, and USD 5800 respectively.

10. Is the market size provided in terms of value or volume?

The market size is provided in terms of value, measured in Million.

11. Are there any specific market keywords associated with the report?

Yes, the market keyword associated with the report is "Riyadh Construction Market," which aids in identifying and referencing the specific market segment covered.

12. How do I determine which pricing option suits my needs best?

The pricing options vary based on user requirements and access needs. Individual users may opt for single-user licenses, while businesses requiring broader access may choose multi-user or enterprise licenses for cost-effective access to the report.

13. Are there any additional resources or data provided in the Riyadh Construction Market report?

While the report offers comprehensive insights, it's advisable to review the specific contents or supplementary materials provided to ascertain if additional resources or data are available.

14. How can I stay updated on further developments or reports in the Riyadh Construction Market?

To stay informed about further developments, trends, and reports in the Riyadh Construction Market, consider subscribing to industry newsletters, following relevant companies and organizations, or regularly checking reputable industry news sources and publications.

Methodology

Step 1 - Identification of Relevant Samples Size from Population Database

Step Chart
Bar Chart
Method Chart

Step 2 - Approaches for Defining Global Market Size (Value, Volume* & Price*)

Approach Chart
Top-down and bottom-up approaches are used to validate the global market size and estimate the market size for manufactures, regional segments, product, and application.

Note*: In applicable scenarios

Step 3 - Data Sources

Primary Research

  • Web Analytics
  • Survey Reports
  • Research Institute
  • Latest Research Reports
  • Opinion Leaders

Secondary Research

  • Annual Reports
  • White Paper
  • Latest Press Release
  • Industry Association
  • Paid Database
  • Investor Presentations
Analyst Chart

Step 4 - Data Triangulation

Involves using different sources of information in order to increase the validity of a study

These sources are likely to be stakeholders in a program - participants, other researchers, program staff, other community members, and so on.

Then we put all data in single framework & apply various statistical tools to find out the dynamic on the market.

During the analysis stage, feedback from the stakeholder groups would be compared to determine areas of agreement as well as areas of divergence

Additionally, after gathering mixed and scattered data from a wide range of sources, data is triangulated and correlated to come up with estimated figures which are further validated through primary mediums or industry experts, opinion leaders.