Saudi Arabia’s hardware and tools sector is thriving, driven by Saudi Vision 2030’s promising roadmap for economic diversification and modernization.
The surge in large-scale construction projects and rapid urban development is creating unprecedented demand for advanced tools and hardware solutions.
With Saudi Arabia’s construction market projected to reach $1.3 trillion by 2030, the hardware and tools sector is poised for significant growth.
(Source: MEED)
The government’s $20 billion investment in new industrial cities will boost demand for advanced hardware and tools.
(Source: Saudi Gazette)
The Saudi Industrial Development Fund (SIDF), of $28 billion, supports the growth of the hardware sector by enhancing local production and reducing imports.
(Source: Arab News)
Online sales of hardware and tools are expanding rapidly, reflecting a shift towards digital retail.
(Source: Saudi Gazette)
With investments reaching hundreds of billions of dollars, the increase of giga projects in-progress across the Kingdom is creating unprecedented opportunities for growth across the construction supply chain. From constructing futuristic cities to building state-of-the-art entertainment hubs and sustainable tourism destinations, the demand for high-quality hardware, tools, and equipment has continues to grow.
NEOM is a 26,500-square-kilometer pioneering hub for innovation and sustainability, operating entirely on renewable energy. It supports Vision 2030 with zero-carbon designs, a circular economy, and a focus on enhancing urban living and quality of life.
Qiddiya, a 376-square-kilometer cultural, sports, and entertainment hub, is transforming global destination cities. It enriches Saudi Arabia’s youth and economy through immersive experiences and professional opportunities.
Red Sea Global manages The Red Sea and Amaala, ambitious regenerative tourism projects. Covering 28,000 square kilometers and capping visitors at one million annually by 2030, it supports Vision 2030 with a focus on sustainability and boosting tourism and hospitality sectors.
ROSHN develops modern communities, contributing to Saudi Arabia’s 70% homeownership goal. Each project integrates homes with mosques, parks, schools, and entertainment, redefining community living in line with Vision 2030.
Diriyah Company, established in 2022, revitalizes Diriyah, a UNESCO World Heritage Site. Blending culture and history, it showcases 300 years of heritage, supporting tourism and cultural growth under Vision 2030.
Explore the different opportunities to showcase your products to key buyers from leading construction companies, industrial manufacturers, facility maintenance services, real estate developers and tool retail chains
