| Product Code: ETC030479 | Publication Date: Jul 2023 | Updated Date: Aug 2025 | Product Type: Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 |
The Saudi Arabia grinding machines market is expected to grow at a CAGR of 3.6% during the forecast period 2025-2031. Grinding machines are used in several industrial sectors including automotive, electrical and electronics, aerospace & defense, medical device manufacturing and metallurgy for machining components with tight tolerances. The growing demand from the automotive sector due to increasing production of automobiles coupled with rising investments towards upgrading grinding machinery is driving the Saudi Arabia grinding machines market growth over the forecast period.
The growing sales of passenger cars both domestically as well as export oriented vehicles has increased the demand for precision engineered components that require high accuracy machining operations such as grinding which would drive the market growth over forecast years. Additionally government initiatives such as Vision 2031 plan aims to improve non petrol based revenue by diversifying its economy through strengthening its automobile infrastructure further boosting this segment??s growth prospects in Saudi Arabia. Government initiatives towards expansion of renewable energy landscape combined with higher investments towards modernization and upgradation of existing facilities will create huge opportunities for manufacturers providing efficient solutions such as automated grinding machines thus contributing significantly towards overall market expansion.
Automated systems provide improved efficiency compared to manual operation however their high installation cost restricts wider adoption among end users especially SMEs operating in low budgeted environments limiting their reach within this region . Moreover lack of technical expertise regarding these advanced systems cause delays while setting up these units causing time overruns , resulting into additional costs thus hampering potential buyers` willingness.
The COVID-19 pandemic has caused major disruptions in global trade activities. The lockdown imposed across countries has slowed down production and supply chain operations affecting the overall revenue generated from sales of these grinding machines across multiple end-user industries. However, as economies slowly start reviving, it is expected that there will be a gradual increase in demand for these machines over the coming years.
Key players operating in this market include Fujian Longking Co., Ltd., Komatsu Ltd., Mitsubishi Heavy Industries Machine Tool Co., Ltd., Gleason Corporation, JTEKT Corporation among others.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Saudi Arabia Grinding Machines Market Overview |
3.1 Saudi Arabia Country Macro Economic Indicators |
3.2 Saudi Arabia Grinding Machines Market Revenues & Volume, 2021 & 2031F |
3.3 Saudi Arabia Grinding Machines Market - Industry Life Cycle |
3.4 Saudi Arabia Grinding Machines Market - Porter's Five Forces |
3.5 Saudi Arabia Grinding Machines Market Revenues & Volume Share, By Product Types, 2021 & 2031F |
3.6 Saudi Arabia Grinding Machines Market Revenues & Volume Share, By Applications, 2021 & 2031F |
3.7 Saudi Arabia Grinding Machines Market Revenues & Volume Share, By Control Type, 2021 & 2031F |
4 Saudi Arabia Grinding Machines Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growth in the manufacturing sector in Saudi Arabia leading to increased demand for grinding machines |
4.2.2 Technological advancements in grinding machines enhancing efficiency and productivity |
4.2.3 Government initiatives and investments in infrastructure projects driving the demand for grinding machines |
4.3 Market Restraints |
4.3.1 Fluctuations in raw material prices impacting the cost of production for grinding machines |
4.3.2 Intense competition from international grinding machine manufacturers affecting market share |
4.3.3 Economic uncertainty and geopolitical tensions affecting investment decisions in the market |
5 Saudi Arabia Grinding Machines Market Trends |
6 Saudi Arabia Grinding Machines Market, By Types |
6.1 Saudi Arabia Grinding Machines Market, By Product Types |
6.1.1 Overview and Analysis |
6.1.2 Saudi Arabia Grinding Machines Market Revenues & Volume, By Product Types, 2021-2031F |
6.1.3 Saudi Arabia Grinding Machines Market Revenues & Volume, By Cylindrical, 2021-2031F |
6.1.4 Saudi Arabia Grinding Machines Market Revenues & Volume, By Surface, 2021-2031F |
6.1.5 Saudi Arabia Grinding Machines Market Revenues & Volume, By Gear, 2021-2031F |
6.1.6 Saudi Arabia Grinding Machines Market Revenues & Volume, By Tool & Cutter, 2021-2031F |
6.1.7 Saudi Arabia Grinding Machines Market Revenues & Volume, By Others, 2021-2031F |
6.2 Saudi Arabia Grinding Machines Market, By Applications |
6.2.1 Overview and Analysis |
6.2.2 Saudi Arabia Grinding Machines Market Revenues & Volume, By Aerospace & Defense, 2021-2031F |
6.2.3 Saudi Arabia Grinding Machines Market Revenues & Volume, By Automotive, 2021-2031F |
6.2.4 Saudi Arabia Grinding Machines Market Revenues & Volume, By Electrical & Electronics, 2021-2031F |
6.2.5 Saudi Arabia Grinding Machines Market Revenues & Volume, By Consumer goods, 2021-2031F |
6.2.6 Saudi Arabia Grinding Machines Market Revenues & Volume, By Machine tools & Parts, 2021-2031F |
6.3 Saudi Arabia Grinding Machines Market, By Control Type |
6.3.1 Overview and Analysis |
6.3.2 Saudi Arabia Grinding Machines Market Revenues & Volume, By Conventional, 2021-2031F |
6.3.3 Saudi Arabia Grinding Machines Market Revenues & Volume, By CNC, 2021-2031F |
7 Saudi Arabia Grinding Machines Market Import-Export Trade Statistics |
7.1 Saudi Arabia Grinding Machines Market Export to Major Countries |
7.2 Saudi Arabia Grinding Machines Market Imports from Major Countries |
8 Saudi Arabia Grinding Machines Market Key Performance Indicators |
8.1 Utilization rate of grinding machines in the manufacturing sector |
8.2 Number of new product launches and technological innovations in the grinding machines market |
8.3 Energy efficiency improvements in grinding machines |
8.4 Number of infrastructure projects and government contracts awarded impacting the demand for grinding machines |
8.5 Rate of adoption of automation and Industry 4.0 technologies in the grinding machines industry |
9 Saudi Arabia Grinding Machines Market - Opportunity Assessment |
9.1 Saudi Arabia Grinding Machines Market Opportunity Assessment, By Product Types, 2021 & 2031F |
9.2 Saudi Arabia Grinding Machines Market Opportunity Assessment, By Applications, 2021 & 2031F |
9.3 Saudi Arabia Grinding Machines Market Opportunity Assessment, By Control Type, 2021 & 2031F |
10 Saudi Arabia Grinding Machines Market - Competitive Landscape |
10.1 Saudi Arabia Grinding Machines Market Revenue Share, By Companies, 2024 |
10.2 Saudi Arabia Grinding Machines Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
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