Tuesday, 02 January 2024 12:17 GMT

Saudi Arabia Metal Casting Market Size To Hit USD 3.4 Billion By 2033: Trends & Outlook


(MENAFN- IMARC Group) The Saudi Arabia metal casting market size reached USD 1.6 Billion in 2024. Looking forward, IMARC Group expects the market to reach USD 3.4 Billion by 2033, exhibiting a growth rate (CAGR) of 7.80% during 2025-2033. The Saudi Arabia metal casting market is driven by the expanding automotive industry demand for complex and lightweight metal components, surge in infrastructure development projects, rapid expansion of the manufacturing sector, and advancements in automation and 3D printing technologies.

Key Highlights

  • Market size (2024): USD 1.6 Billion
  • Forecast (2033): USD 3.4 Billion
  • CAGR (2025–2033): 7.80%
  • Growing demand for sand casting, gravity casting, high-pressure die casting, and advanced metal components
  • Vision 2030 manufacturing diversification goals and NEOM project driving market expansion
  • Key applications include automotive and transportation, equipment and machinery, building and construction, and aerospace sectors

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How Is AI Transforming the Metal Casting Market in Saudi Arabia?

  • AI-powered quality control systems in Saudi metal casting facilities now detect defects with 98% accuracy in real-time, reducing waste and improving product quality while cutting inspection time by 60%
  • Smart foundry management platforms use machine learning to optimize melting temperatures, casting parameters, and cooling cycles, improving efficiency by 35% and reducing energy consumption
  • Predictive maintenance systems powered by AI monitor casting equipment and predict failures before they occur, reducing downtime by 50% and extending machinery life
  • AI-driven design optimization tools help engineers create lightweight and complex metal components for automotive and aerospace applications, reducing material usage while maintaining strength
  • Intelligent inventory management systems use AI to optimize raw material procurement and casting production schedules, reducing costs and improving supply chain efficiency

Saudi Arabia Metal Casting Market Trends and Drivers

  • Vision 2030 economic diversification initiatives promoting local manufacturing and reducing dependence on imports
  • Expanding automotive industry requiring complex and lightweight metal components for engine parts and chassis systems
  • Surge in infrastructure development projects creating demand for durable and high-performance metal components
  • Rapid expansion of manufacturing sector necessitating production of intricate and customized metal parts
  • Increasing demand for lightweight materials in aerospace and automotive industries emphasizing fuel efficiency
  • Advancements in technology including automation, 3D printing, and digital manufacturing enhancing production efficiency and reducing costs

Ask analyst for customized report: https://www.imarcgroup.com/request?type=report&id=21029&flag=E

Saudi Arabia Metal Casting Market Industry Segmentation:

The report has segmented the market into the following categories:

Process Insights:

  • Sand Casting
  • Gravity Casting
  • High-Pressure Die Casting (HPDC)
  • Low-Pressure Die Casting (LPDC)
  • Others

Material Type Insights:

  • Cast Iron
  • Aluminum
  • Steel
  • Zinc
  • Magnesium
  • Others

End Use Insights:

  • Automotive and Transportation
  • Equipment and Machine
  • Building and Construction
  • Aerospace and Military
  • Others

Regional Insights:

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

Recent News and Developments in Saudi Arabia Metal Casting Market

  • August 2025: Saudi Industrial Development Fund (SIDF) announced a USD 1 billion financing program to support the establishment of advanced metal casting facilities across the Kingdom. The initiative focuses on automotive and aerospace components manufacturing, supporting Vision 2030's goal of developing a competitive manufacturing sector and reducing reliance on imports.
  • July 2025: NEOM announced the construction of a state-of-the-art metal casting complex featuring the latest in 3D printing and automated casting technologies. The facility will produce lightweight aluminum and magnesium components for electric vehicles and renewable energy applications, positioning Saudi Arabia as a leader in advanced manufacturing technologies.
  • June 2025: Saudi Basic Industries Corporation (SABIC) signed a strategic partnership with leading European metal casting companies to develop specialized alloys and casting technologies. The collaboration will establish research and development centers in Saudi Arabia, focusing on innovative materials for the automotive, aerospace, and construction industries.

Note: If you require specific details, data, or insights that are not currently included in the scope of these reports, we are happy to accommodate your request. As part of our customization service, we will gather and provide the additional information you need, tailored to your specific requirements. Please let us know your exact needs, and we will ensure the reports are updated accordingly to meet your expectations.

About Us:

IMARC Group is a global management consulting firm that helps the world's most ambitious changemakers to create a lasting impact. The company provides a comprehensive suite of market entry and expansion services. IMARC offerings include thorough market assessment, feasibility studies, company incorporation assistance, factory setup support, regulatory approvals and licensing navigation, branding, marketing and sales strategies, competitive landscape and benchmarking analyses, pricing and cost research, and procurement research.

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Email: sales[@]imarcgroup.com
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