According to Arizton’s latest research report, the Saudi Arabia data center market is growing at a CAGR of 19.65% during 2024-2030.
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Report Summary
Market Size – Investment (2030): $3.90 Billion
Market Size – Area (2030): 733 Thousand Sq. ft.
Market Size – Power Capacity (2030): 183 MW
CAGR – Investment (2024-2030): 19.65%
Colocation Market Size (2030): $860 Million
Historic Year: 2021-2023
Base Year: 2024
Forecast Year: 2025-2030
Market Overview
In 2023, Vietnam’s crawler excavator market was dominated by small and medium-sized models, with steady growth expected in 2024 due to increased public infrastructure investments, particularly in transportation. However, the depreciation of the Vietnamese Dong is anticipated to impact the sales of heavy equipment, including excavators, as the country relies heavily on imports. The government plans to invest over $25 billion in public infrastructure in 2024. Chinese manufacturers, particularly SANY, maintain a strong market presence, with Liugong also expanding through a new subsidiary in Hanoi. Vietnam’s duty-free import policy for crawler excavators supports the market, which sources machinery from China, the US, Japan, and Korea. Additionally, 2023 saw initiatives to boost green hydrogen and eco-friendly infrastructure, including an MoU with Singapore to pursue net-zero emission projects.
Mini Excavators Gaining Momentum in the Saudi Arabia Data Center Market
The mini excavator market in Vietnam is experiencing steady growth, accounting for a significant share of the overall crawler excavator market. The demand for mini excavators is strong, driven by increased investment in public infrastructure and transportation projects. These machines are highly valued for their versatility, especially in residential, road maintenance, and landscaping work, and their ability to operate more efficiently in urban areas compared to larger equipment. In 2024, several major excavator manufacturers, including Caterpillar, Hitachi, and Zoomlion, are set to introduce new mini excavators in the Vietnamese market, further boosting demand.
Rising Focus on Compact & Electric Construction Equipment in Vietnam
Vietnam’s construction industry is increasingly shifting toward sustainable, electrified solutions, moving away from traditional internal combustion engine (ICE) equipment. The electric construction equipment market is driven by favorable government initiatives and the growing demand for eco-friendly projects. However, the high cost of electric machinery, such as electric crawler excavators, remains a challenge. Manufacturers are focusing on lithium-ion battery technology to reduce carbon footprints and align with global net-zero emission goals. The Vietnamese government is also investing in expanding charging infrastructure to support electric equipment. In 2023, major brands like Volvo CE, XCMG, and Kubota launched new electric and compact excavators in the Southeast Asian market, including Vietnam.
Why Should You Buy this Research?
This research provides a detailed analysis of Saudi Arabia’s data center market, covering market size, investment trends, and power capacity. It includes insights on colocation, hyperscale, and enterprise operators, as well as data center investments in area and power capacity across cities. The report highlights 33 existing and 41 upcoming third-party data centers, with a focus on the colocation market revenue, pricing, and forecasts (2021-2030). It also explores the latest trends, opportunities, growth restraints, and investments in IT, power, cooling, and construction. A comprehensive overview of key players and transparent methodology makes this research an essential resource.
Existing Vs. Upcoming Data Centers
Existing Facilities in the Region (Area and Power Capacity)
List of Upcoming Facilities in the Region (Area and Power Capacity)
Saudi Arabia Data Center Market Dynamics
Drivers
Trends
Challenges
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The Report Includes the Investment in the Following Areas:
IT Infrastructure
Electrical Infrastructure
Mechanical Infrastructure
Cooling Systems
General Construction
Tier Standard
Geography
Vendor Landscape
IT Infrastructure Providers
Data Center Construction Contractors & Sub-Contractor
Support Infrastructure Providers
Data Center Investors
New Entrants
Key Questions Answered in the Report:
How big is the Saudi Arabia data center market?
How much MW of power capacity will be added across Saudi Arabia during 2025-2030?
What factors are driving the Saudi Arabia data center market?
What is the growth rate of the Saudi Arabia data center market?
Which cities are included in the Saudi Arabia data center market report?
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