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GCC Machine Tools Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027

Market Overview:

The GCC machine tools market is expected to exhibit a CAGR of 5.76% during 2022-2027. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end use industries. These insights are included in the report as a major market contributor.

Machine tools are used to cut, form, drill, grind, abrade and nibble metals and other hard materials. They help in reducing vibrations, achieving product uniformity and minimizing human interaction. Different types of machine tools are currently available in the GCC region, varying from workbench mounted instruments to devices used in modern industries.

Machine tools find extensive applications in the automotive, aerospace and electronics industries. Continual growth in these industries represents one of the key factors impelling the market growth in the GCC region. Apart from this, several companies are focusing on automating different manufacturing processes, which, in turn, is positively influencing the market growth. Furthermore, with the growing environmental concerns, machine tools are gaining traction in the region as they help minimize scrap during the production process. However, the coronavirus disease (COVID-19) outbreak and lockdowns imposed by governments in the GCC region have halted the manufacturing of various industrial products, which, in turn, is creating a negative impact on the market growth. The market is expected to experience growth again in the near future as relaxations are introduced. 

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each sub-segment of the GCC machine tools market, along with forecasts at the regional and country level from 2022-2027. Our report has categorized the market based on tool type, technology type and end use industry.

Breakup by Tool Type:

  • Metal Cutting
  • Metal Forming
  • Accessories
     

Breakup by Technology Type:

  • Conventional
  • CNC (Computerized Numerical Control)
     

Breakup by End Use Industry:

  • Automotive
  • Aerospace and Defense
  • Electrical and Electronics
  • Consumer Goods
  • Precision Engineering
  • Others
     

Breakup by Country:

  • Saudi Arabia
  • UAE
  • Qatar
  • Oman
  • Kuwait
  • Bahrain
     

Competitive Landscape:

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

Report Coverage:

Report Features Details
Base Year of the Analysis 2021
Historical Period 2016-2021
Forecast Period 2022-2027
Units US$ Million
Segment Coverage Tool Type, Technology Type, End Use Industry, Country
Countries Covered Saudi Arabia, UAE, Qatar, Oman, Kuwait, Bahrain
Customization Scope 10% Free Customization
Report Price and Purchase Option Single User License: US$ 2699
Five User License: US$ 3699
Corporate License: US$ 4699
Post-Sale Analyst Support 10-12 Weeks
Delivery Format PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)


Key Questions Answered in This Report:

  • How has the GCC machine tools market performed so far and how will it perform in the coming years?
  • What has been the impact of COVID-19 on the GCC machine tools market?
  • What are the key regional markets?
  • What is the breakup of the market based on the tool type?
  • What is the breakup of the market based on the technology type?
  • What is the breakup of the market based on the end use industry?
  • What are the various stages in the value chain of the industry?
  • What are the key driving factors and challenges in the industry?
  • What is the structure of the GCC machine tools market and who are the key players?
  • What is the degree of competition in the industry?

1   Preface
2   Scope and Methodology 

    2.1    Objectives of the Study
    2.2    Stakeholders
    2.3    Data Sources
        2.3.1    Primary Sources
        2.3.2    Secondary Sources
    2.4    Market Estimation
        2.4.1    Bottom-Up Approach
        2.4.2    Top-Down Approach
    2.5    Forecasting Methodology
3   Executive Summary
4   Introduction

    4.1    Overview
    4.2    Key Industry Trends
5   GCC Machine Tools Market
    5.1    Market Overview
    5.2    Market Performance
    5.3    Impact of COVID-19
    5.4    Market Forecast
6   Market Breakup by Tool Type
    6.1    Metal Cutting
        6.1.1 Market Trends
        6.1.2 Market Forecast
    6.2    Metal Forming
        6.2.1 Market Trends
        6.2.2 Market Forecast
    6.3    Accessories
        6.3.1 Market Trends
        6.3.2 Market Forecast
7   Market Breakup by Technology Type
    7.1    Conventional
        7.1.1 Market Trends
        7.1.2 Market Forecast
    7.2    CNC (Computerized Numerical Control)
        7.2.1 Market Trends
        7.2.2 Market Forecast
8   Market Breakup by End Use Industry
    8.1    Automotive
        8.1.1 Market Trends
        8.1.2 Market Forecast
    8.2    Aerospace and Defense
        8.2.1 Market Trends
        8.2.2 Market Forecast
    8.3    Electrical and Electronics
        8.3.1 Market Trends
        8.3.2 Market Forecast
    8.4    Consumer Goods
        8.4.1 Market Trends
        8.4.2 Market Forecast
    8.5    Precision Engineering
        8.5.1 Market Trends
        8.5.2 Market Forecast
    8.6    Others
        8.6.1 Market Trends
        8.6.2 Market Forecast
9   Market Breakup by Country
    9.1    Saudi Arabia
        9.1.1 Market Trends
        9.1.2 Market Breakup by Tool Type
        9.1.3 Market Breakup by Technology Type
        9.1.4 Market Breakup by End Use Industry
        9.1.5 Market Forecast
    9.2    UAE
        9.2.1 Market Trends
        9.2.2 Market Breakup by Tool Type
        9.2.3 Market Breakup by Technology Type
        9.2.4 Market Breakup by End Use Industry
        9.2.5 Market Forecast
    9.3    Qatar
        9.3.1 Market Trends
        9.3.2 Market Breakup by Tool Type
        9.3.3 Market Breakup by Technology Type
        9.3.4 Market Breakup by End Use Industry
        9.3.5 Market Forecast
    9.4    Oman
        9.4.1 Market Trends
        9.4.2 Market Breakup by Tool Type
        9.4.3 Market Breakup by Technology Type
        9.4.4 Market Breakup by End Use Industry
        9.4.5 Market Forecast
    9.5    Kuwait
        9.5.1 Market Trends
        9.5.2 Market Forecast
    9.6    Bahrain
        9.6.1 Market Trends
        9.6.2 Market Forecast
10  SWOT Analysis
    10.1    Overview
    10.2    Strengths
    10.3    Weaknesses
    10.4    Opportunities
    10.5    Threats
11  Value Chain Analysis
12  Porters Five Forces Analysis

    12.1    Overview
    12.2    Bargaining Power of Buyers
    12.3    Bargaining Power of Suppliers
    12.4    Degree of Competition
    12.5    Threat of New Entrants
    12.6    Threat of Substitutes
13  Price Analysis
14  Policy and Regulatory Landscape
15  Competitive Landscape

    15.1    Market Structure
    15.2    Key Players
    15.3    Profiles of Key Players

List of Figures

Figure 1: GCC: Machine Tools Market: Major Drivers and Challenges
Figure 2: GCC: Machine Tools Market: Sales Value (in Million US$), 2016-2021
Figure 3: GCC: Machine Tools Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 4: GCC: Machine Tools Market: Breakup by Tool Type (in %), 2021
Figure 5: GCC: Machine Tools Market: Breakup by Technology Type (in %), 2021
Figure 6: GCC: Machine Tools Market: Breakup by End Use Industry (in %), 2021
Figure 7: GCC: Machine Tools Market: Breakup by Country (in %), 2021
Figure 8: GCC: Machine Tools (Metal Cutting) Market: Sales Value (in Million US$), 2016 & 2021
Figure 9: GCC: Machine Tools (Metal Cutting) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 10: GCC: Machine Tools (Metal Forming) Market: Sales Value (in Million US$), 2016 & 2021
Figure 11: GCC: Machine Tools (Metal Forming) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 12: GCC: Machine Tools (Accessories) Market: Sales Value (in Million US$), 2016 & 2021
Figure 13: GCC: Machine Tools (Accessories) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 14: GCC: Machine Tools (Conventional) Market: Sales Value (in Million US$), 2016 & 2021
Figure 15: GCC: Machine Tools (Conventional) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 16: GCC: Machine Tools (CNC- Computerized Numerical Control) Market: Sales Value (in Million US$), 2016 & 2021
Figure 17: GCC: Machine Tools (CNC- Computerized Numerical Control) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 18: GCC: Machine Tools (Automotive) Market: Sales Value (in Million US$), 2016 & 2021
Figure 19: GCC: Machine Tools (Automotive) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 20: GCC: Machine Tools (Aerospace and Defense) Market: Sales Value (in Million US$), 2016 & 2021
Figure 21: GCC: Machine Tools (Aerospace and Defense) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 22: GCC: Machine Tools (Electrical and Electronics) Market: Sales Value (in Million US$), 2016 & 2021
Figure 23: GCC: Machine Tools (Electrical and Electronics) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 24: GCC: Machine Tools (Consumer Goods) Market: Sales Value (in Million US$), 2016 & 2021
Figure 25: GCC: Machine Tools (Consumer Goods) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 26: GCC: Machine Tools (Precision Engineering) Market: Sales Value (in Million US$), 2016 & 2021
Figure 27: GCC: Machine Tools (Precision Engineering) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 28: GCC: Machine Tools (Other End Use Industries) Market: Sales Value (in Million US$), 2016 & 2021
Figure 29: GCC: Machine Tools (Other End Use Industries) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 30: Saudi Arabia: Machine Tools Market: Sales Value (in Million US$), 2016 & 2021
Figure 31: Saudi Arabia: Machine Tools Market: Breakup by Tool Type (in %), 2021
Figure 32: Saudi Arabia: Machine Tools Market: Breakup by Technology Type (in %), 2021
Figure 33: Saudi Arabia: Machine Tools Market: Breakup by End Use Industry (in %), 2021
Figure 34: Saudi Arabia: Machine Tools Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 35: UAE: Machine Tools Market: Sales Value (in Million US$), 2016 & 2021
Figure 36: UAE: Machine Tools Market: Breakup by Tool Type (in %), 2021
Figure 37: UAE: Machine Tools Market: Breakup by Technology Type (in %), 2021
Figure 38: UAE: Machine Tools Market: Breakup by End Use Industry (in %), 2021
Figure 39: UAE: Machine Tools Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 40: Qatar: Machine Tools Market: Sales Value (in Million US$), 2016 & 2021
Figure 41: Qatar: Machine Tools Market: Breakup by Tool Type (in %), 2021
Figure 42: Qatar: Machine Tools Market: Breakup by Technology Type (in %), 2021
Figure 43: Qatar: Machine Tools Market: Breakup by End Use Industry (in %), 2021
Figure 44: Qatar: Machine Tools Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 45: Oman: Machine Tools Market: Sales Value (in Million US$), 2016 & 2021
Figure 46: Oman: Machine Tools Market: Breakup by Tool Type (in %), 2021
Figure 47: Oman: Machine Tools Market: Breakup by Technology Type (in %), 2021
Figure 48: Oman: Machine Tools Market: Breakup by End Use Industry (in %), 2021
Figure 49: Oman: Machine Tools Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 50: Kuwait: Machine Tools Market: Sales Value (in Million US$), 2016 & 2021
Figure 51: Kuwait: Machine Tools Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 52: Bahrain: Machine Tools Market: Sales Value (in Million US$), 2016 & 2021
Figure 53: Bahrain: Machine Tools Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 54: GCC: Machine Tools Industry: SWOT Analysis
Figure 55: GCC: Machine Tools Industry: Value Chain Analysis
Figure 56: GCC: Machine Tools Industry: Porter’s Five Forces Analysis

List of Tables

Table 1: GCC: Machine Tools Market: Key Industry Highlights, 2021 and 2027
Table 2: GCC: Machine Tools Market Forecast: Breakup by Tool Type (in Million US$), 2022-2027
Table 3: GCC: Machine Tools Market Forecast: Breakup by Technology Type (in Million US$), 2022-2027
Table 4: GCC: Machine Tools Market Forecast: Breakup by End Use Industry (in Million US$), 2022-2027
Table 5: GCC: Machine Tools Market Forecast: Breakup by Country (in Million US$), 2022-2027
Table 6: GCC: Machine Tools Market: Competitive Structure
Table 7: GCC: Machine Tools Market: Key Players

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