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Saudi Arabia’s Truck Loading Arms Market to 2024: $1.55 Billion Opportunity Analysis by Type, End-user and Competition - ResearchAndMarkets.com

May 14, 2019

DUBLIN--(BUSINESS WIRE)--May 14, 2019--

The “Saudi Arabia Truck Loading Arms Market By Type (Top Loading and Bottom Loading), By End User (Saudi Aramco, Non-Saudi Aramco and EPC Contractor (Domestic and Non-Saudi Arabia)), Competition, Forecast & Opportunities, 2017 - 2024” report has been added to ResearchAndMarkets.com’s offering.

The Saudi Arabian truck loading arms market is projected to grow from $ 1.17 million in 2018 to $ 1.55 billion by 2024, exhibiting a CAGR of 4.8% during 2019-2024, owing to huge investments in the petrochemical sector and oil refineries.

A loading arm permits the transfer of liquid or liquefied gas from one tank to another through an articulated pipe system consisting of rigid piping and swivel joints to obtain flexibility. Transfer to or from a truck transported tank requires a top loading arm or a bottom loading arm. Moreover, various truck loading regulations imposed by Saudi Arabia government are expected to positively influence the country’s truck loading arms market during forecast period.

In terms of end-user, the Saudi Arabian truck loading arms market has been categorized into Saudi Aramco, Non-Saudi Aramco and EPC Contractor. Among the end-users, Saudi Aramco accounted for the majority market share in 2018 and is expected to maintain its market dominance in coming years, on the back of various investments planned by the company related to capacity expansion in the country.

Some of the leading players in the Saudi Arabian truck loading arms market are Emco Wheaton, OPW Engineered Systems, TechnipFMC plc, Kanon Loading Equipment, Loadtec Engineered Systems Ltd. and Oil & Gas Systems Limited.

Years Considered

  • Historical Years: 2017
  • Base Year: 2018
  • Estimated Year: 2019
  • Forecast Period: 2020-2024

Objective of the Study

  • To analyze and forecast the Saudi Arabian truck loading arms market size.
  • To forecast the Saudi Arabian truck loading arms market based on type, end-user, EPC contractor and regional distribution.
  • To identify drivers and challenges for the Saudi Arabian truck loading arms market.
  • To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in the Saudi Arabian truck loading arms market.
  • To conduct the pricing analysis for the Saudi Arabian truck loading arms market.
  • To identify and analyze the profile of leading players operating in the Saudi Arabian truck loading arms market.

Topics Covered

1. Product Overview

2. Research Methodology

3. Analyst View

4. Saudi Arabia Truck Loading Arms Market Outlook

4.1. Saudi Arabia Truck Loading Arms Market Size & Forecast (2017-2024)

4.1.1. By Value & Volume

4.2. Market Share & Forecast (2017-2024)

4.2.1. By Type (Top Loading & Bottom Loading)

4.2.2. By End User (Saudi Aramco, Non-Saudi Aramco and EPC Contractor)

4.2.3. By EPC Contractor (Domestic and Non-Saudi Arabia)

4.2.4. By Company

5. Saudi Arabia Truck Bottom Loading Arms Market Outlook

5.1. Market Size & Forecast (2017-2024)

5.1.1. By Value & Volume

5.2. Market Share & Forecast (2017-2024)

5.2.1. By End User (Saudi Aramco, Non-Saudi Aramco and EPC Contractor)

5.2.2. By EPC Contractor (Domestic and Non-Saudi Arabia)

6. Saudi Arabia Truck Top Loading Arms Market Outlook

6.1. Market Size & Forecast (2017-2024)

6.1.1. By Value & Volume

6.2. Market Share & Forecast (2017-2024)

6.2.1. By End User (Saudi Aramco, Non-Saudi Aramco and EPC Contractor)

6.2.2. By EPC Contractor (Domestic and Non-Saudi Arabia)

7. Saudi Arabia Metering Skid (Volume Dispense Application) Market Outlook

7.1. Market Size & Forecast (2017-2024)

7.1.1. By Value & Volume

7.2. Market Share & Forecast (2017-2024)

7.2.1. By End User (Saudi Aramco, Non-Saudi Aramco and EPC Contractor)

7.2.2. By EPC Contractor (Domestic and Non-Saudi Arabia)

8. Supply Chain Analysis

9. Import Analysis

10. Market Dynamics

10.1. Drivers

10.2. Challenges

11. Market Trends & Developments

12. Policy & Regulatory Landscape

13. Saudi Arabia Country Profile

14. Competitive Landscape

14.1. Emco Wheaton

14.2. OPW Engineered Systems

14.3. TechnipFMC plc

14.4. Kanon Loading Equipment

14.5. Loadtec Engineered Systems Ltd.

14.6. ODS Metering Systems

14.7. Saudi Thalate Group

14.8. Gulf Steel Works

14.9. Alderley plc

14.10. Oil & Gas Systems Limited

15. Strategic Recommendations

For more information about this report visit https://www.researchandmarkets.com/r/e3uuix

View source version on businesswire.com:https://www.businesswire.com/news/home/20190514005448/en/

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Related Topics:Trucks

KEYWORD:

INDUSTRY KEYWORD: PROFESSIONAL SERVICES CONSULTING

SOURCE: Research and Markets

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PUB: 05/14/2019 05:26 AM/DISC: 05/14/2019 05:26 AM

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