Saudi Arabia Marine Equipment Market

Saudi Arabia Marine Equipment Market Overview:

The Saudi Arabia marine equipment market size is projected to exhibit a growth rate (CAGR) of 8.10% during 2025-2033. The market is expanding due to increased investments in automation and sustainability, driven by major port expansions. The addition of advanced equipment such as automated cranes and electric prime movers continues to strengthen Saudi Arabia marine equipment market share, enhancing operational efficiency and environmental responsibility.

Saudi Arabia Marine Equipment Market Trends:

Expansion of Port Connectivity Fuels Equipment Demand

Saudi Arabia's marine equipment market is experiencing strong growth, primarily driven by the development of port connectivity and the increase in global trade volumes. With Saudi Arabia cementing its status as a key maritime logistics hub, demand for high-tech equipment to enhance cargo handling capacity is on the rise. For instance, in May 2025, the Saudi Ports Authority, "Mawani," introduced Evergreen's ARPG shipping service to King Abdulaziz Port in Dammam, connecting it with nine key international ports. This strategic addition significantly enhances Saudi Arabia's maritime connectivity and streamlines the efficiency of trade routes connecting the Kingdom with global markets. The launching of the ARPG service raises the need for advanced marine equipment, such as cranes, cargo handling systems, and port infrastructure development, to handle the increased flow of cargo. As shipping routes worldwide become increasingly integrated, Saudi ports must enhance their capacity to handle higher volumes of larger, more frequent shipments. Such a transition towards increased efficiency and capacity is evident in the form of growing investments in advanced port equipment, including automated cranes and robotics, to optimize operations and minimize operational downtime. These developments are also expected to shape the market, creating new opportunities for innovation and growth within the sector.

Investments in Automation and Sustainability

A significant trend shaping the Saudi Arabia marine equipment market growth is the increased emphasis on automation and sustainability, reflecting the Kingdom’s commitment to modernizing its ports and achieving environmental goals. Aligned with this trend, in June 2024, Saudi Global Ports (SGP) advanced its Phase 1 expansion at King Abdulaziz Port by adding three automated quay cranes and three hybrid rubber-tired gantry cranes (RTGs). These cranes, coupled with the procurement of 80 electric prime movers, highlight SGP’s strategic focus on enhancing operational efficiency while prioritizing sustainability. This move aligns with the Kingdom’s broader Vision 2030 objectives of reducing carbon emissions and promoting a green economy. The new equipment represents a significant shift towards cleaner, more efficient port operations. The hybrid RTGs and electric prime movers contribute to a reduction in the carbon footprint of the port's operations, ensuring that SGP remains at the forefront of environmentally responsible logistics. As automation becomes more prevalent in global ports, Saudi Arabia’s investments in high-tech, eco-friendly equipment are accelerating its competitive edge. Additionally, these investments in automation improve the safety and productivity of port operations, minimizing human error and optimizing the throughput of cargo. The adoption of sustainable and automated solutions is expected to continue driving growth in the Saudi Arabia Marine Equipment market, ensuring that the Kingdom’s ports remain highly efficient and environmentally responsible.

Saudi Arabia Marine Equipment Market Segmentation:

IMARC Group provides an analysis of the key trends in each segment of the market, along with forecasts at the country and regional level for 2025-2033. Our report has categorized the market based on equipment type, application, and end user.

Equipment Type Insights:

• Marine Engines
• Marine Electronics
• Marine Deck Machinery
• Navigation Systems
• Communication Systems
• Safety and Rescue Equipment
• Others

The report has provided a detailed breakup and analysis of the market based on the equipment type. This includes marine engines, marine electronics, marine deck machinery, navigation systems, communication systems, safety and rescue equipment, and others.

Application Insights:

• Commercial Vessels
• Defense Vessels
• Recreational Boats 

The report has provided a detailed breakup and analysis of the market based on the application. This includes commercial vessels, defense vessels, and recreational boats.

End User Insights:

• Shipbuilding Companies
• Shipping Companies
• Naval Forces
• Others 

A detailed breakup and analysis of the market based on the end user have also been provided in the report. This includes shipbuilding companies, shipping companies, naval forces, and others.

Regional Insights:

• Northern and Central Region
• Western Region
• Eastern Region
• Southern Region

The report has also provided a comprehensive analysis of all the major regional markets, which include Northern and Central region, Western region, Eastern region, and Southern region.

Competitive Landscape:

The market research report has also provided a comprehensive analysis of the competitive landscape. Competitive analysis such as market structure, key player positioning, top winning strategies, competitive dashboard, and company evaluation quadrant has been covered in the report. Also, detailed profiles of all major companies have been provided.

Saudi Arabia Marine Equipment Market News:

• April 2025: L3Harris, SAMI-L3Harris Joint Venture, and Zamil Shipyards partnered to develop Saudi-made unmanned surface vessels (USVs). This collaboration, focused on integrating autonomous technology and advanced sensors, marked a significant step in Saudi Arabia’s marine equipment market, enhancing local defense capabilities and maritime surveillance.
• June 2024: SANY Marine signed a landmark agreement with Saudi Global Ports to provide 80 electric terminal tractors, marking the largest single order globally. This partnership aimed at sustainable port development, enhancing Saudi Arabia's logistics capabilities and driving demand for eco-friendly marine equipment in the region.

Saudi Arabia Marine Equipment Market Report Coverage:

Key Questions Answered in This Report:

• How has the Saudi Arabia marine equipment market performed so far and how will it perform in the coming years?
• What is the breakup of the Saudi Arabia marine equipment market on the basis of equipment type?
• What is the breakup of the Saudi Arabia marine equipment market on the basis of application?
• What is the breakup of the Saudi Arabia marine equipment market on the basis of end user?
• What is the breakup of the Saudi Arabia marine equipment market on the basis of region?
• What are the various stages in the value chain of the Saudi Arabia marine equipment market? 
• What are the key driving factors and challenges in the Saudi Arabia marine equipment market?
• What is the structure of the Saudi Arabia marine equipment market and who are the key players?
• What is the degree of competition in the Saudi Arabia marine equipment market?

Key Benefits for Stakeholders:

• IMARC’s industry report offers a comprehensive quantitative analysis of various market segments, historical and current market trends, market forecasts, and dynamics of the Saudi Arabia marine equipment market from 2019-2033.
• The research report provides the latest information on the market drivers, challenges, and opportunities in the Saudi Arabia marine equipment market.
• Porter's five forces analysis assist stakeholders in assessing the impact of new entrants, competitive rivalry, supplier power, buyer power, and the threat of substitution. It helps stakeholders to analyze the level of competition within the Saudi Arabia marine equipment industry and its attractiveness.
• Competitive landscape allows stakeholders to understand their competitive environment and provides an insight into the current positions of key players in the market.