Saudi Arabia Foundry Equipment Market

Saudi Arabia Foundry Equipment Market Overview:

The Saudi Arabia foundry equipment market size reached USD 127.77 Million in 2024. Looking forward, IMARC Group expects the market to reach USD 172.33 Million by 2033, exhibiting a growth rate (CAGR) of 3.38% during 2025-2033. The market is driven by Vision 2030’s push for industrial automation, influencing demand for AI-powered inspection systems and robotic foundry equipment to enhance efficiency and reduce operational costs. Additionally, large-scale metals sector investments are accelerating the adoption of advanced melting furnaces and die-casting machinery. Government-backed localization efforts and mega-projects further amplify demand for high-quality foundry solutions, further augmenting the Saudi Arabia foundry equipment market share.

Saudi Arabia Foundry Equipment Market Trends:

Increasing Demand for Automation in Foundry Equipment

The market is witnessing a growing demand for automation, driven by the need for efficiency and cost reduction in metal casting processes. With Vision 2030 emphasizing industrial modernization, foundries are adopting automated machinery such as robotic arms, CNC-controlled furnaces, and AI-powered quality inspection systems. These technologies enhance precision, reduce labor costs, and minimize production errors, making them attractive for large-scale foundries. Additionally, government initiatives are encouraging local manufacturers to integrate smart manufacturing solutions. The shift toward automation is also fueled by the rising adoption of Industry 4.0 practices, where IoT-enabled foundry equipment allows real-time monitoring and predictive maintenance. Saudi Vision 2030 aligns Saudi Arabia's transformation towards Industry 4.0, with over USD 20 Billion committed to artificial intelligence by 2030. The Kingdom's National Industrial Strategy aims at modernizing 4,000 factories, focusing on automation, energy efficiency, and smart technologies, through initiatives such as "Future Factories" that improve production efficiency. Industry specialists point to the need for high-end HVAC and ventilation systems to support this digitalization of the manufacturing sector. As Saudi Arabia continues to diversify its economy beyond oil, automated foundry systems are expected to play a crucial role in strengthening the Kingdom’s metal and manufacturing sectors.

Expansion of Aluminum and Steel Foundries Boosts Equipment Sales

The expansion of aluminum and steel production facilities is also supporting the Saudi Arabia foundry equipment market growth. The Kingdom is investing heavily in its metals sector, and increased steel production to support construction and automotive industries. This expansion is driving demand for advanced foundry equipment such as melting furnaces, die-casting machines, and sand handling systems. In 2023, the Arab steel industry witnessed a 5% increase in crude steel production, reaching 40 million tons. Saudi Arabia produced 9.9 million tons, ranking 20th globally. Egyptian Ezz Steel moved up seven places to rank 60th, while Saudi Arabia's Hadeed ranked 68th. As Arab companies make efforts towards more environmentally sustainable practices, the growing demand for advanced foundry equipment, particularly in Saudi Arabia, reflects the industry's shift towards sustainability. Additionally, the government’s focus on localization under Vision 2030 is encouraging domestic foundries to upgrade their machinery to meet international standards. The growing construction sector, coupled with mega-projects, further fuels the need for high-quality metal castings. As a result, both local and international foundry equipment suppliers are expanding their presence in Saudi Arabia, offering innovative solutions to cater to the rising demand for durable and efficient metal production.

Saudi Arabia Foundry Equipment 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 equipment type, foundry process, and application.

Equipment Type Insights:

• Molding Machines
• Melting Furnaces
• Pouring Systems
• Automated Guided Vehicles (AGVs)

The report has provided a detailed breakup and analysis of the market based on the equipment type. This includes molding machines, melting furnaces, pouring systems, and automated guided vehicles (AGVs).

Foundry Process Insights:

• Green Sand Casting
• Investment Casting
• Die Casting
• Permanent Mold Casting
• Centrifugal Casting

A detailed breakup and analysis of the market based on the foundry process have also been provided in the report. This includes green sand casting, investment casting, die casting, permanent mold casting, and centrifugal casting.

Application Insights:

• Automotive
• Aerospace and Defense
• Construction
• Energy
• Industrial Machinery

The report has provided a detailed breakup and analysis of the market based on the application. This includes automotive, aerospace and defense, construction, energy, and industrial machinery.

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 Foundry Equipment Market News:

• February 03, 2025: Saudi Aluminum Casting Foundry, a subsidiary of Obeikan Glass, has commenced trial production at its state-of-the-art new facility in Al-Madina Al-Munawwara Industrial City, with a focus on aluminum casting. The facility, which has cost SAR 73 Million (approximately USD 19.46 Million) to set up, is expected to be launched commercially during the first quarter of 2025. This move reflects the growing demand for advanced foundry machinery in Saudi Arabia as the country expands its manufacturing capabilities.

Saudi Arabia Foundry Equipment Market Report Coverage:

Key Questions Answered in This Report:

• How has the Saudi Arabia foundry equipment market performed so far and how will it perform in the coming years?
• What is the breakup of the Saudi Arabia foundry equipment market on the basis of equipment type?
• What is the breakup of the Saudi Arabia foundry equipment market on the basis of foundry process?
• What is the breakup of the Saudi Arabia foundry equipment market on the basis of application?
• What is the breakup of the Saudi Arabia foundry equipment market on the basis of region?
• What are the various stages in the value chain of the Saudi Arabia foundry equipment market? 
• What are the key driving factors and challenges in the Saudi Arabia foundry equipment market?
• What is the structure of the Saudi Arabia foundry equipment market and who are the key players?
• What is the degree of competition in the Saudi Arabia foundry equipment 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 foundry equipment market from 2019-2033.
• The research report provides the latest information on the market drivers, challenges, and opportunities in the Saudi Arabia foundry equipment 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 foundry equipment 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.