Saudi Arabia’s thriving crawler excavator market is driven by groundbreaking infrastructure developments and a shift toward sustainable energy. With crawler excavators making up 90% of total excavator sales, their importance in the Kingdom’s construction landscape is unparalleled. The 20-ton model leads with a 50% market share, while the 50-ton version accounts for 20%.
Construction Projects Driving Demand
2024 promises steady demand for construction equipment, thanks to transformative projects like the $500 billion NEOM smart city, The Line, and the Makkah Public Transport Program. These initiatives, critical components of Vision 2030, aim to diversify the economy and modernize infrastructure. The Kingdom’s digital transformation efforts further boost equipment demand, particularly for urban and industrial upgrades.
Industry Leaders Expand Presence
XCMG has strengthened its foothold in Saudi Arabia by inaugurating a state-of-the-art service center in Dammam. Operational since June 2024, the facility supports key projects with a transit warehouse, component storage, and training capabilities. This complements XCMG’s existing centers in Riyadh, Jeddah, and Tabuk, ensuring efficient support for large-scale developments.
HD Hyundai Infracore is another major player making waves, securing contracts to supply 100 excavators to SAPAC and Nesma & Partners Contracting. Deliveries include 20 large 50-ton models and 40 medium-sized 20-ton machines, set to bolster the construction workforce across various projects.
Green Hydrogen Revolutionizing Machinery
The Kingdom’s green hydrogen ambitions are reshaping the future of construction equipment. Powered by renewable energy, the Helios project in NEOM aims to produce the world’s largest supply of green hydrogen. This initiative aligns with efforts by Caterpillar and Komatsu to introduce hydrogen-powered construction machinery. Komatsu’s hydrogen-fueled excavator, set to debut in 2024, represents a significant step toward sustainable construction practices.
Mini Excavators on the Rise
Mini excavators, though a smaller segment of the market, are gaining popularity due to their versatility in urban and residential projects. Expected to grow at a CAGR of 6.47%, the segment is set to reach nearly 700 units by 2029. Compact, efficient, and ideal for tight spaces, mini excavators are becoming an integral part of Saudi Arabia’s evolving construction landscape.
Future Prospects
Saudi Arabia’s crawler excavator market is on an upward trajectory, bolstered by strategic expansions, green energy innovations, and a strong pipeline of infrastructure projects. As Vision 2030 continues to unfold, the demand for high-performance machinery will only grow, ensuring sustained market growth in the coming years.
Fulian Operation Team
2025.12.30
