Saudi Arabia Port Infrastructure Market, By Elements (Port Terminals, Port Operational Equipment, Others), By Type (Sea Port, Dry Port, Container Terminals, Others), By Thrust (Portable, Mid-range, High Power), By Region, Competition Forecast & Opportunities, 2027
Saudi Arabia port infrastructure market is anticipated to grow at a significant rate during the forecast period.The market growth can be attributed to the rising investments and financial aid by the government to advance the port infrastructure.
Besides, effective trade activities are promoting the economic activities in the coastal areas, and upsurge in passengers travelling via sea are creating a need to advance port infrastructure in the country, which is propelling its market growth.Moreover, investments from the Saudi government to ensure safe and efficient economic activities are further augmenting the port infrastructure market in Saudi Arabia.
Many end-user industries depend on container shipments for the import and export of goods across the world, which is further expected to propel the growth of Saudi Arabia port infrastructure market in coming years.Huge investments in the construction of container hubs and upgrading of containerized cargo for oil and gas supply and increasing private investments in public infrastructure are substantiating the growth of Saudi Arabia port infrastructure.
Huge investments to make port projects more investor-friendly and expand the volume capacity of the docks to handle the ships better are expected to accelerate the growth of Saudi Arabia port infrastructure market. Waste generated from cargo operations such as dredged materials, oily mixtures, garbage discarded from ships, solid and liquid wastes, etc. significantly impact flora and fauna of water bodies. Thus, growing concerns regarding the environmental impact could present a major growth challenge for the Saudi Arabia port infrastructure market. Besides, high capital and maintenance costs could restrict the growth of Saudi Arabia port infrastructure market in the coming years. The Saudi Arabia port infrastructure market segmentation is based on elements, type, thrust, competitional landscape, and regional distribution.Based on elements the market is further sub-segmented into port terminals, port operational equipment, and others.
Port terminals are expected to dominate the Saudi Arabia port infrastructure market due to the huge oil and petroleum supply to global companies through these terminals. The Kingdom of Saudi Arabia has ten major ports, which account for the 70% of the country’s economy. Zamil Operations and Maintenance Company, Limited (Zamil O&M), Gulf Stevedoring and Contracting Co. Ltd. (GSCCO), Red Sea Marine Services Co. Ltd., National Port Services Co. Ltd., Gulf Construction Company for Cargo and Offloading Ltd., Global Marine Services Company, National Port Services Company Limited, Saudi Maintenance Organization (SIANCO), National Ports Services Company (NPS), among others are the major players operating in the Saudi Arabia port infrastructure market.
• To analyze the historical growth in the market size of Saudi Arabia port infrastructure market from 2017 to 2021. • To estimate and forecast the market size of Saudi Arabia port infrastructure market from 2022E to 2027F and growth rate until 2027F. • To classify and forecast Saudi Arabia port infrastructure market based on elements, type, thrust, competitional landscape, and regional distribution. • To identify dominant region or segment in the Saudi Arabia port infrastructure market. • To identify drivers and challenges for Saudi Arabia port infrastructure market. • To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in Saudi Arabia port infrastructure market. • To identify and analyze the profile of leading players operating in Saudi Arabia port infrastructure market. • To identify key sustainable strategies adopted by market players in Saudi Arabia port infrastructure market. The analyst performed both primary as well as exhaustive secondary research for this study.Initially, the analyst sourced a list of manufacturers, suppliers across the country.
Subsequently, the analyst conducted primary research surveys with the identified companies.While interviewing, the respondents were also enquired about their competitors.
Through this technique, the analyst could include the manufactures which could not be identified due to the limitations of secondary research. The analyst examined the manufactures, distribution channels and presence of all major players across the country. The analyst calculated the market size of Saudi Arabia port infrastructure market using a bottom-up approach, wherein data for various end-user segments was recorded and forecast for the future years. The analyst sourced these values from the industry experts and company representatives and externally validated through analyzing historical data of these product types and applications for getting an appropriate, overall market size.
Various secondary sources such as company websites, news articles, press releases, company annual reports, investor presentations and financial reports were also studied by the analyst.
Key Target Audience:
• Port infrastructure companies, end users, and other stakeholders • Distributors and suppliers of the products and other stakeholders • Organizations, forums, and alliances related to port infrastructure • Market research and consulting firms The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as manufacturers, suppliers, end users, etc., besides allowing them in strategizing investments and capitalizing on market opportunities.
In this report, Saudi Arabia port infrastructure market has been segmented into following categories, in addition to the industry trends which have also been detailed below: • Saudi Arabia Port Infrastructure Market, By Elements: o Port Terminals o Port Operational Equipment o Others • Saudi Arabia Port Infrastructure Market, By Type: o Sea Port o Dry Port o Container Terminals o Others • Saudi Arabia Port Infrastructure Market, By Thrust: o Portable o Mid-range o High Power • Saudi Arabia Port Infrastructure Market, By Region: o Northern & Central o Southern o Eastern o Western
Company Profiles: Detailed analysis of the major companies present in Saudi Arabia port infrastructure market.
With the given market data, we offers customizations according to a company’s specific needs. The following customization options are available for the report:
• Detailed analysis and profiling of additional market players (up to five).
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