Saudi Arabia Structural Steel Market Expanding at a CAGR of 4.33% during 2026-2034

Saudi Arabia Structural Steel Market Overview

Market Size in 2025: USD 683.3 Million

Market Size in 2034: USD 1,000.8 Million

Market Growth Rate 2026-2034: 4.33%

According to IMARC Group's latest research publication, "Saudi Arabia Structural Steel Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2026-2034", The Saudi Arabia structural steel market size reached USD 683.3 Million in 2025. Looking forward, IMARC Group estimates the market to reach USD 1,000.8 Million by 2034, exhibiting a CAGR of 4.33% during 2026-2034.

How AI is Reshaping the Future of Saudi Arabia Structural Steel Market

● AI-powered design optimization algorithms enable engineers in Saudi Arabia to create efficient structural steel configurations, reducing material waste while maintaining strength and safety standards across construction projects.

● Machine learning systems analyze historical performance data from sensors, predicting equipment failures in fabrication facilities and enabling proactive maintenance that minimizes costly production downtime.

● AI-driven Building Information Modeling systems automate structural analysis and steel layout planning, accelerating design cycles and improving accuracy for complex megaprojects like NEOM and Red Sea developments.

● Smart quality control systems using computer vision detect defects in steel components during fabrication, ensuring consistent product quality and compliance with international structural engineering standards.

● Predictive analytics platforms optimize supply chain operations and material procurement, enabling Saudi fabricators to manage inventory efficiently and reduce costs in volatile construction markets.

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How Vision 2030 is Transforming Saudi Arabia Structural Steel Industry

Saudi Arabia's Vision 2030 is revolutionizing the structural steel industry by prioritizing infrastructure development, economic diversification, and sustainable construction practices amid rapid urbanization. The initiative drives demand for high-quality steel beams, columns, and prefabricated components, integrating advanced fabrication technologies to support megaprojects like NEOM, the Red Sea Project, Qiddiya, and New Murabba. This transformation aligns with construction efficiency goals, promoting modular building techniques and rapid assembly methods across residential, commercial, and industrial sectors. Local manufacturing incentives under Vision 2030 spur innovation and reduce import dependence, while international steel fabricators introduce advanced welding and cutting technologies that enhance structural integrity. Government investments in transportation infrastructure, smart cities, and entertainment complexes create continuous demand for structural steel components across construction, power generation, and manufacturing sectors. The emphasis on sustainable building practices and recyclable materials positions structural steel as a cornerstone of green construction, meeting both environmental targets and engineering excellence. Ultimately, Vision 2030 elevates the structural steel sector as a vital enabler of Saudi Arabia's ambitious infrastructure goals, boosting construction capabilities and positioning the Kingdom as a regional hub for advanced steel fabrication and engineering innovation.

Saudi Arabia Structural Steel Market Trends & Drivers:

Saudi Arabia's structural steel market is experiencing robust growth, driven by rapid urbanization trends and massive infrastructure development under Vision 2030 megaprojects. The market is fueled by large-scale construction initiatives including NEOM requiring approximately two million tons of structural steel trusses for The Line's interconnected skysc cores standing 500 meters tall, while the Red Sea Project, Qiddiya entertainment city, and New Murabba development in Riyadh collectively form the largest construction program ever undertaken in the Kingdom. These ambitious schemes demand marine-grade plate structures, corrosion-resistant tubular foundations, and ultra-long beams shipped in modular pods to remote desert and coastal sites, driving continuous demand for advanced structural steel components.

The increasing emphasis on sustainable construction practices is significantly boosting market demand. Structural steel's high recyclability and low environmental impact align perfectly with Saudi Arabia's green building initiatives and sustainability targets under Vision 2030. In 2025, China Harbour Engineering Company commenced operations at its 200,000 square meter modular production facility in Riyadh to support the Sedra housing project by Roshn, a significant initiative within Saudi Vision 2030, utilizing robotics and digital technologies for enhanced precision. The construction of multi-story buildings, shopping malls, business centers, and smart cities requires advanced structural steel systems including H-type beams, I-type beams, columns, and angles to ensure structural integrity and comply with modern building standards. Additionally, Saudi Arabia's goal of deriving 50% of electricity from renewables by 2030 is spurring orders for solar, wind, and grid infrastructure steelwork, while the oil and gas sector continues to require specialized structural components for refineries, petrochemical plants, and offshore platforms across the Eastern Region.

Saudi Arabia Structural Steel Industry Segmentation:

The report has segmented the market into the following categories:

Product Type Insights:

● H-Type Beam
● I-Type Beam
● Columns
● Angles
● Others

End Use Insights:

● Residential
● Institutional
● Commercial
● Manufacturing

Usage Insights:

● Direct End-User
● EPC-Contractor
● Others

Breakup by Region:

● Northern and Central Region
● Western Region
● Eastern Region
● Southern Region

Competitive Landscape:

The competitive landscape of the industry has also been examined along with the profiles of the key players.

Buy the Latest 2026 Edition: https://www.imarcgroup.com/checkout?id=20966&method=1315

Recent News and Developments in Saudi Arabia Structural Steel Market

● January 2025: China Harbour Engineering Company commenced operations at its 200,000 square meter modular building factory in Riyadh supporting the Sedra housing project by Roshn, utilizing robotics and digital technologies to enhance precision in structural steel fabrication for Vision 2030 initiatives.

● July 2025: New Murabba Company signed an agreement with Korea-based Heerim Architects & Planners to collaborate on innovative architectural overlays for its 19 sq km mixed-use urban development in Riyadh, seeking leading contractors for large-scale structural steel works and critical infrastructure developments.

● October 2025: Engineers unveiled construction plans for NEOM's The Line revealing forty cores standing 500 meters tall will be interconnected by approximately two million tons of structural steel trusses prefabricated in controlled environments before being lifted into position.

Note: If you require specific details, data, or insights that are not currently included in the scope of this report, we are happy to accommodate your request. As part of our customization service, we will gather and provide the additional information you need, tailored to your specific requirements. Please let us know your exact needs, and we will ensure the report is updated accordingly to meet your expectations.

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