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The development of digital infrastructure has been one of the most crucial factors aiding the growth of the market. The government has initiated various plans, including Vision 2030, which put technology at the core of development. In a significant push towards modernising its national infrastructure, the Saudi government has outlined a forward-thinking initiative to bolster the country’s digital landscape. This ambitious plan includes a commitment to allocate annually 2.5% of its Gross Domestic Product (GDP) towards research, development, and innovation by the year 2040.
Increasing foreign investments are an additional factor aiding the Saudi Arabia fuel station market expansion. The government has launched and initiated some innovative projects, such as the NEOM, a futuristic megacity, which will contain a 170 km linear city known as the Line.
With various steps taken to attract foreign direct investments (FDI ), Saudi Arabia has received USD 19 billion in FDIs in 2021, which is a major increase from USD 5 billion in 2011.
Saudi Arabia Fuel Station Market Size
Saudi Arabia Fuel Station Market Trends
Saudi Arabia Fuel Station Companies
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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The market is anticipated to grow at a CAGR of 7.5% between 2024 and 2032.
The major market drivers are the growing urbanisation, along with the rise in the use of motor vehicles.
The key market trends include the increasing disposable income among people, the growing population along with an increase in the demand for the installation of fuel stations.
The various technologies used in fuel stations include petrol, diesel, and gas, among others.
The various end-users of the market for fuel stations include road transport vehicle, air transport vehicle, and water transport vehicle.
The major players in the market are Wafi Energy Company, ALDREES Petroleum & Transport Services Company, Petromin Corporation, TotalEnergies SE, ADNOC Distribution, ENOC Company, Saudi Automotive Services Co (SASCO), Tas'Helat Marketing Company, Fuel Integrated Limited (Fuel Way), Al-Atoz Petroleum Services Company, and Liter Group, among others.
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United States (Head Office)
30 North Gould Street, Sheridan, WY 82801
+1-415-325-5166
Australia
63 Fiona Drive, Tamworth, NSW
+61-448-061-727
India
C130 Sector 2 Noida, Uttar Pradesh 201301
+91-858-608-1494
Philippines
40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City, 1226.
+63-287-899-028, +63-967-048-3306
United Kingdom
6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London
+44-753-713-2163
Vietnam
193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City
+84-865-399-124