Saudi Arabia Construction Market Size, Trends, and Forecasts by Sector - Commercial, Industrial, Infrastructure, Energy and Utilities, Institutional and Residential Market Analysis to 2030 (Q3 2026)

Summary

The analyst estimates the Saudi Arabian construction industry to grow by 1.8% in real terms in 2026, supported by the increasing investments in the transport, residential and data center infrastructure projects. In August 2026, the Saudi Contractors Authority (SCA), announced that the country recorded a total of 97 project awards between January and July 2026, with a combined value of SAR111.3 billion ($29.7 billion), compared to 84 projects awarded with a combined value of SAR70.1 billion ($18.7 billion), during January-July 2025. Growth also being driven by some of the major allocations under Saudi Arabia’s 2026 Budget, which includes SAR259 billion ($69.1 billion) for health and social development sectors, SAR202 billion ($53.9 billion) for the education sector, and SAR35 billion ($9.3 billion) for the infrastructure and transportation sector.

During the forecast period, the construction industry is expected to register an annual average growth of 4.1% between 2027 and 2030, driven by investments under the Vision 2030 initiative in transport infrastructure, energy and tourism sectors. In early September 2026, Saudi Arabia's Public Investment Fund (PIF) announced that the Gulf Coast Development Company will develop a major tourism and residential hub along the Al-Khafji coastline. The project will span approximately 20km2, comprising the development of 16,000 housing units alongside hotels and other commercial facilities by 2030. In terms of renewable energy development, Saudi Arabia is targeting 50% of its electricity generation to come from renewable energy sources by 2030.

The analyst’s Construction in Saudi Arabia - Key Trends and Opportunities to 2030 (Q3 2026) report provides detailed market analysis, information, and insights into Saudi Arabia’s construction industry, including:

Saudi Arabia’s construction industry's growth prospects by market, project type and construction activity
Critical insight into the impact of industry trends and issues, as well as an analysis of key risks and opportunities in Saudi Arabia’s construction industry
Analysis of the mega-project pipeline, focusing on development stages and participants, in addition to listings of major projects in the pipeline.

Scope

This report provides a comprehensive analysis of the construction industry in Saudi Arabia. It provides:

Historical (2021-2025) and forecast (2026-2030) valuations of the construction industry in Saudi Arabia, featuring details of key growth drivers.
Segmentation by sector (commercial, industrial, infrastructure, energy and utilities, institutional and residential) and by sub-sector
Analysis of the mega-project pipeline, including breakdowns by development stage across all sectors, and projected spending on projects in the existing pipeline.
Listings of major projects, in addition to details of leading contractors and consultants

Reasons to Buy

Identify and evaluate market opportunities using our standardized valuation and forecasting methodologies
Assess market growth potential at a micro-level with over 600 time-series data forecasts
Understand the latest industry and market trends
Formulate and validate business strategies using the analyst's critical and actionable insight
Assess business risks, including cost, regulatory and competitive pressures
Evaluate competitive risk and success factors

1 Executive Summary2 Construction Industry: At-a-Glance

3 Context

3.1 Economic Performance
3.2 Political Environment and Policy
3.3 Demographics
3.4 Risk Profile

4 Construction Outlook

4.1 All Construction

Outlook
Latest news and developments
Construction Projects Momentum Index

4.2 Commercial Construction

Outlook
Project analytics
Latest news and developments

4.3 Industrial Construction

Outlook
Project analytics
Latest news and developments

4.4 Infrastructure Construction

Outlook
Project analytics
Latest news and developments

4.5 Energy and Utilities Construction

Outlook
Project analytics
Latest news and developments

4.6 Institutional Construction

Outlook
Project analytics
Latest news and developments

4.7 Residential Construction

Outlook
Project analytics
Latest news and developments

5 Key Industry Participants

5.1 Contractors
5.2 Consultants

6 Construction Market Data

7 Appendix

7.1 What is this Report About?
7.2 Definitions
7.3 CRI Methodology

About the Analyst
Contact Us

List of Tables

Table 1: Construction Industry Key Data
Table 2: Saudi Arabia, Key Economic Indicators
Table 3: Saudi Arabia, Commercial Construction Output by Project Type (Real % Change), 2021-30
Table 4: Saudi Arabia, Top Commercial Construction Projects by Value
Table 5: Saudi Arabia, Industrial Construction Output by Project Type (Real % Change), 2021-30
Table 6: Saudi Arabia, Top Industrial Construction Projects by Value
Table 7: Saudi Arabia, Infrastructure Construction Output by Project Type (Real % Change), 2021-30
Table 8: Saudi Arabia, Top Infrastructure Construction Projects by Value
Table 9: Saudi Arabia, Energy and Utilities Construction Output by Project Type (Real % Change), 2021-30
Table 10: Saudi Arabia, Top Energy and Utilities Construction Projects by Value
Table 11: Saudi Arabia, Institutional Construction Output by Project Type (Real % Change), 2021-30
Table 12: Saudi Arabia, Top Institutional Construction Projects by Value
Table 13: Saudi Arabia, Residential Construction Output by Project Type (Real % Change), 2021-30
Table 14: Saudi Arabia, Top Residential Construction Projects by Value
Table 15: Saudi Arabia, Key Contractors
Table 16: Saudi Arabia, Key Consultants
Table 17: Saudi Arabia Construction Output Value (Real, $ Million)
Table 18: Saudi Arabia Construction Output Value (Nominal, SAR Million)
Table 19: GlobalData Construction Market Definitions
Table 20: GlobalData Construction Market Definitions
Table 21: Ratings, Scores and Definitions
Figure 1: Middle East and North Africa, Construction Output (Real % Change), 2024-30
Figure 2: Saudi Arabia, Construction Output by Sector (Real % Change), 2024-26 and 2027-30
Figure 3: Saudi Arabia, Risk Summary
Figure 4: Saudi Arabia, Risk Regional Comparison
Figure 5: Saudi Arabia, Construction Output Value (Real, $ Million, 2022 Prices and Exchange Rate), 2021-30
Figure 6: Saudi Arabia, Construction Output Value, by Sector (Real, $ Million), 2021-30
Figure 7: Saudi Arabia, Construction Value-Add (SAR Million, 2023 Constant Prices)
Figure 8: Saudi Arabia, Gross Fixed Capital Formation (SAR Million, 2023 Constant Prices)
Figure 9: Saudi Arabia, Real Estate Loans from Banks (SAR Million)
Figure 10: Saudi Arabia, Real Estate Price Index (2023=100)
Figure 11: Saudi Arabia, Non-Oil sector Value-Add (SAR Million, 2023 Constant Prices)
Figure 12: Saudi Arabia, Construction Projects Momentum Index
Figure 13: Middle East and North Africa, Construction Projects Momentum Index
Figure 14: Saudi Arabia, Commercial Construction Output by Project Type (Real, $ Million), 2021-30
Figure 15: Saudi Arabia, Commercial Construction Projects Pipeline, Value by Stage ($ Million)
Figure 16: Saudi Arabia, Wholesale and Retail Trade, Restaurants and Hotels Value-Add (SAR Million, 2023 Constant Prices)
Figure 17: Saudi Arabia, Commercial Real Estate Price Index (2023=100)
Figure 18: Saudi Arabia, Industrial Construction Output by Project Type (Real, $ Million), 2021-30
Figure 19: Saudi Arabia, Industrial Construction Projects Pipeline, Value by Stage ($ Million)
Figure 20: Saudi Arabia, Manufacturing Value-Add (SAR Million, 2023 Constant Prices)
Figure 21: Saudi Arabia, Mining and Quarrying Value-Add (SAR Million, 2023 Constant Prices)
Figure 22: Saudi Arabia, Total Credit Facilities Provided to Micro, Small, and Medium Enterprises (SAR Million)
Figure 23: Saudi Arabia, Total Merchandise Export (SAR Million)
Figure 24: Saudi Arabia, Industrial Production Index (2021=100)
Figure 25: Saudi Arabia, Infrastructure Construction Output by Project Type (Real, $ Million), 2021-30
Figure 26: Saudi Arabia, Infrastructure Construction Projects Pipeline, Value by Stage ($ Million)
Figure 27: Saudi Arabia, Transport, Storage and Communication Value-add (SAR Million, 2023 Constant Prices)
Figure 28: Saudi Arabia, Energy and Utilities Construction Output by Project Type (Real, $ Million), 2021-30
Figure 29: Saudi Arabia, Energy and Utilities Construction Projects Pipeline, Value by Stage ($ Million)
Figure 30: Saudi Arabia, Electricity, Gas, and Water Services Value-Add (SAR Million, 2023 Constant Prices)
Figure 31: Saudi Arabia, Oil sector Value-Add (SAR Million, 2023 Constant Prices)
Figure 32: Saudi Arabia, Institutional Construction Output by Project Type (Real, $ Million), 2021-30
Figure 33: Saudi Arabia, Institutional Construction Projects Pipeline, Value by Stage ($ Million)
Figure 34: Saudi Arabia, Residential Construction Output by Project Type (Real, $ Million), 2021-30
Figure 35: Saudi Arabia, Residential Construction Projects Pipeline, Value by Stage ($ Million)
Figure 36: Saudi Arabia, Real Estate Value-Add (SAR Million, 2023 Constant Prices)
Figure 37: Saudi Arabia, Residential Real Estate Price Index (2023=100)
Figure 38: Saudi Arabia, Headquarters of Key Contractors (% of Total Project Pipeline)
Figure 39: Saudi Arabia, Headquarters of Key Consultants (% of Total Project Pipeline)

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