Saudi Arabia Machine Tool Accessories Market 2033

Saudi Arabia Machine Tool Accessories Market Size, Share, Trends and Forecast by Product, Machine Type, End-Use Industry, and Region, 2025-2033

Report Format: PDF+Excel | Report ID: SR112025A36521

Saudi Arabia Machine Tool Accessories Market Overview:

The Saudi Arabia machine tool accessories market size reached USD 62.19 Million in 2024. Looking forward, IMARC Group expects the market to reach USD 86.04 Million by 2033, exhibiting a growth rate (CAGR) of 3.30% during 2025-2033. The market is expanding due to increased industrial diversification and technological advancements. As sectors like energy, aluminum, and manufacturing expand, the demand for high-performance accessories rises, contributing to a significant increase in Saudi Arabia machine tool accessories market share across multiple industries.

Report Attribute	Key Statistics
Base Year	2024
Forecast Years	2025-2033
Historical Years	2019-2024
Market Size in 2024	USD 62.19 Million
Market Forecast in 2033	USD 86.04 Million
Market Growth Rate 2025-2033	3.30%

Saudi Arabia Machine Tool Accessories Market Trends:

Technological Innovation Propelling Market Development

The market is expanding due to the advancement of technology in various industries. With the improvement in manufacturing processes, automation, precision, and efficiency are gaining more priority. Among the key technologies driving this change is the increasing adoption of 3D printing technologies. NAMI, in July 2024, in association with the Saudi Electricity Company (SEC), introduced 3D printing technology to streamline the process of production of spare parts for the energy sector. With the help of advanced 3D printing machinery such as metal and polymer-based 3D printers, SEC reduced the expenses on storage, inventory, and lead time for spare parts. The partnership significantly enhanced production efficiency with the added benefit of quicker turnaround times for replacement components. The success reflects the overall trend in the region towards adopting digital manufacturing techniques. With Saudi Arabian industries working hard to upgrade their manufacturing facilities, the need for high-performance machine tool accessories is expected to rise. The incorporation of 3D printing and other cutting-edge technologies across different industries is helping the Saudi Arabia machine tool accessories market growth, fueling the demand for accessories that can facilitate the increasing requirement for precision, flexibility, and efficiency in manufacturing processes.

Industrial Sector Expansion Driving Demand

The constant evolution of the human industrial landscape in Saudi Arabia is driving the growth of the machine tool accessory market significantly. Several industrial segments are witnessing significant investments and growth, with the government's Vision 2030 strategy focusing on diversifying the economy and reducing its dependency on oil. The aluminum sector, in general, is growing significantly, underscored by the opening of ALUMINIUM Arabia in Riyadh in May 2025. This development highlighted the significance of aluminum in the Kingdom's industrial strategy, with the market projected to reach USD 3.6 Billion by 2034. The increasing demand for aluminum products, particularly in the construction, automotive, and aerospace sectors, is driving the need for sophisticated machinery and tools, which in turn stimulates demand for machine tool accessories. As Saudi Arabia continues to invest in manufacturing plants and expand its industrial production capabilities, the demand for high-precision and durable machine tool accessories is increasing. More specifically, sectors such as aluminum manufacturing and energy are urgently seeking state-of-the-art equipment that can deliver improved performance, durability, and sustainability. This increase in factory activity is expected to play a significant role in shaping the market, presenting new opportunities for suppliers and manufacturers across the Kingdom's rapidly emerging industries.

Saudi Arabia Machine Tool Accessories 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 level for 2025-2033. Our report has categorized the market based on product, machine type, and end-use industry.

Product Insights:

Cutting Tool Inserts
Toolholders
Workholding Accessories
Measuring and Inspection Tools
Lubricants and Coolants

The report has provided a detailed breakup and analysis of the market based on the product. This includes cutting tool inserts, toolholders, workholding accessories, measuring and inspection tools, and lubricants and coolants.

Machine Type Insights:

CNC Milling Machines
CNC Lathes
EDM Machines
Grinding Machines
Others

The report has provided a detailed breakup and analysis of the market based on the machine type. This includes CNC milling machines, CNC lathes, EDM machines, grinding machines, and others.

End-Use Industry Insights:

Automotive
Aerospace
Energy
Medical
Electronics
Manufacturing
Construction
Transportation
Mining

A detailed breakup and analysis of the market based on the end-use industry have also been provided in the report. This includes automotive, aerospace, energy, medical, electronics, manufacturing, construction, transportation, and mining.

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 Machine Tool Accessories Market News:

May 2025: YIZUMI showcased its TP5 Series injection molding machine at Saudi Plastics & Petrochem, highlighting advanced clamping and injection units. The energy-saving machine, focused on eco-friendly production, spurred innovation in machine tool accessories. This launch boosted the demand for high-performance, precision equipment in the Saudi market.
May 2025: MODIG and IBARMIA formed a strategic partnership, combining their expertise in advanced machining solutions. The collaboration aimed to expand market presence and innovation, enhancing manufacturing capabilities. This development boosted the demand for high-performance machine tool accessories, positively impacting the market.

Saudi Arabia Machine Tool Accessories Market Report Coverage:

Report Features	Details
Base Year of the Analysis	2024
Historical Period	2019-2024
Forecast Period	2025-2033
Units	Million USD
Scope of the Report	Exploration of Historical Trends and Market Outlook, Industry Catalysts and Challenges, Segment-Wise Historical and Future Market Assessment: Product Machine Type End-Use Industry Region
Products Covered	Cutting Tool Inserts, Toolholders, Workholding Accessories, Measuring and Inspection Tools, Lubricants and Coolants
Machine Types Covered	CNC Milling Machines, CNC Lathes, EDM Machines, Grinding Machines, Others
End-Use Industries Covered	Automotive, Aerospace, Energy, Medical, Electronics, Manufacturing, Construction, Transportation, Mining
Regions Covered	Northern and Central Region, Western Region, Eastern Region, Southern Region
Customization Scope	10% Free Customization
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 Saudi Arabia machine tool accessories market performed so far and how will it perform in the coming years?
What is the breakup of the Saudi Arabia machine tool accessories market on the basis of product?
What is the breakup of the Saudi Arabia machine tool accessories market on the basis of machine type?
What is the breakup of the Saudi Arabia machine tool accessories market on the basis of end-use industry?
What is the breakup of the Saudi Arabia machine tool accessories market on the basis of region?
What are the various stages in the value chain of the Saudi Arabia machine tool accessories market?
What are the key driving factors and challenges in the Saudi Arabia machine tool accessories market?
What is the structure of the Saudi Arabia machine tool accessories market and who are the key players?
What is the degree of competition in the Saudi Arabia machine tool accessories 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 machine tool accessories market from 2019-2033.
The research report provides the latest information on the market drivers, challenges, and opportunities in the Saudi Arabia machine tool accessories 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 machine tool accessories 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.

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