Saudi Arabia Bearings Market

Saudi Arabia Bearings Market Overview:

The Saudi Arabia bearings market size reached USD 421.38 Million in 2024. Looking forward, IMARC Group expects the market to reach USD 1,016.02 Million by 2033, exhibiting a growth rate (CAGR) of 9.20% during 2025-2033. The market is driven by the strong requirement due to the expansion of manufacturing and industrial automation sectors, particularly in petrochemicals, mining, and energy. Growth in automotive production and aftermarket services is further accelerating the need for high-performance bearing solutions, propelled by increased vehicle sales and repair activities. Additionally, government-backed infrastructure projects under Vision 2030, including transport and construction developments, are key factors expanding the Saudi Arabia bearings market share.

Saudi Arabia Bearings Market Trends:

Automotive Sector Growth and Aftermarket Expansion

Saudi Arabia’s automotive sector is undergoing structural shifts, driven by rising vehicle ownership, expanding public mobility infrastructure, and increased localization of auto component manufacturing. This growth is influencing both OEM and aftermarket demand for bearings used in engines, gearboxes, wheels, and steering assemblies. Passenger and commercial vehicle sales are steadily recovering, supported by favorable financing options and a young, mobile population. The country is also positioning itself as a regional hub for electric vehicle (EV) production, which requires high-precision, low-noise bearings suited to compact electric drivetrains. Notably, in 2024, EV sales soared to approximately 24,092 units, signaling a pivotal moment in the Kingdom’s transition toward cleaner mobility. This upward trend is prompting bearing manufacturers to develop products specifically engineered for the unique load profiles and rotational speeds of EV systems. Additionally, the aftermarket segment is expanding due to the aging vehicle fleet and an increase in mileage-intensive commercial operations, especially in logistics and delivery. Bearings are among the most frequently replaced components during routine maintenance, leading to robust demand for reliable, cost-effective options. Furthermore, the emergence of e-commerce platforms offering genuine replacement parts is streamlining access to high-quality bearings, further supporting the Saudi Arabia bearings market growth.

Infrastructure Development and Construction Machinery Demand

Saudi Arabia's ongoing infrastructure boom, characterized by mega-projects and extensive road network expansions, is generating strong demand for heavy-duty bearings used in construction machinery and equipment. Cranes, excavators, pavers, and tunnel boring machines deployed across large-scale developments require bearings that can withstand high loads, continuous rotation, and abrasive environmental conditions. One prominent development is the substantial investment in road sector in Riyadh, where the Roads General Authority (RGA) announced that projects worth SAR 3 Billion (approximately USD 798 million) are currently underway. The region encompasses an estimated 15,000 kilometers of roadway, with ongoing efforts to construct new segments and implement wide-ranging maintenance activities across all governorates. These projects necessitate high-performance bearings with specialized sealing systems and robust materials to ensure operational continuity and reduce machinery downtime. The market is also seeing greater interest in condition monitoring systems that integrate sensors into bearing housings, enabling predictive maintenance for critical assets in construction sites. Procurement departments involved in infrastructure contracts are prioritizing durability and total cost of ownership, rather than initial cost, thereby boosting the market for premium bearing solutions. This shift toward performance-based procurement, combined with high volume machinery imports, is sustaining long-term growth for bearings aligned with the infrastructure and construction sectors.

Saudi Arabia Bearings Market Segmentation:

IMARC Group provides an analysis of the key trends in each segment of the market, along with forecasts at the country and regional levels for 2025-2033. Our report has categorized the market based on product, type, and end user. 

Product Insights: 

• Anti-Friction Bearings 
• Magnetic Bearings 
• Others 

The report has provided a detailed breakup and analysis of the market based on the product. This includes anti-friction bearings, magnetic bearings, and others. 

Type Insights: 

• Ball Bearings 
• Roller Bearings 
• Plain Bearings 
• Others 

A detailed breakup and analysis of the market based on the product type have also been provided in the report. This includes ball bearings, roller bearings, plain bearings, and others. 

End User Insights: 

• Automotive Industry 
• Heavy Industry 
• ARS Industry 
• Others 

The report has provided a detailed breakup and analysis of the market based on the end user. This includes automotive industry, heavy industry, ARS industry, and others. 

Regional Insights:

• Northern and Central Region 
• Western Region 
• Eastern Region 
• Southern Region 

The report has also provided a comprehensive analysis of all the major regional markets, which include Northern and Central Region, Western Region, Eastern Region, and Southern Region. 

Competitive Landscape:

The market research report has also provided a comprehensive analysis of the competitive landscape. Competitive analysis such as market structure, key player positioning, top winning strategies, competitive dashboard, and company evaluation quadrant has been covered in the report. Also, detailed profiles of all major companies have been provided.

Saudi Arabia Bearings Market Report Coverage:

Key Questions Answered in This Report:

• How has the Saudi Arabia bearings market performed so far and how will it perform in the coming years?
• What is the breakup of the Saudi Arabia bearings market on the basis of product?
• What is the breakup of the Saudi Arabia bearings market on the basis of type?
• What is the breakup of the Saudi Arabia bearings market on the basis of end user?
• What is the breakup of the Saudi Arabia bearings market on the basis of region?
• What are the various stages in the value chain of the Saudi Arabia bearings market? 
• What are the key driving factors and challenges in the Saudi Arabia bearings?
• What is the structure of the Saudi Arabia bearings market and who are the key players?
• What is the degree of competition in the Saudi Arabia bearings market? 

Key Benefits for Stakeholders:

• IMARC’s industry report offers a comprehensive quantitative analysis of various market segments, historical and current market trends, market forecasts, and dynamics of the Saudi Arabia bearings market from 2019-2033.
• The research report provides the latest information on the market drivers, challenges, and opportunities in the Saudi Arabia bearings market.
• Porter's five forces analysis assist stakeholders in assessing the impact of new entrants, competitive rivalry, supplier power, buyer power, and the threat of substitution. It helps stakeholders to analyze the level of competition within the Saudi Arabia bearings industry and its attractiveness.
• Competitive landscape allows stakeholders to understand their competitive environment and provides an insight into the current positions of key players in the market.