Gear Measuring Machine Industry Analysis in Middle East & Africa
Study on Gear Measuring Machines in Middle East & Africa by <300 mm, 300 to 600 mm, 601 to 900 mm, 901 to 1,200 mm, and Above 1,200 mm Working Diameter from 2024 to 2034
Analysis of Gear Measuring Machines Covering Countries Including Analysis of GCC Countries, Türkiye, Iran, and Rest of Middle East & Africa
Gear Measuring Machine Sales Outlook for Middle East & Africa (2024 to 2034)
Gear measuring machine demand in the Middle East & Africa is projected to reach a market value of US$ 57.5 million in 2024 and further rise at 2.2% CAGR over the next ten years (2024 to 2034). The market in the Middle East & Africa is forecasted to reach US$ 72 million by 2034-end.
Be it the oil & gas industry or the construction industry, the use of heavy equipment in both is essential, which is projected to boost gear measuring machine demand in the Middle East & Africa region over the coming years. Growing emphasis on the production of precise equipment and the rising use of complex gear designs are also predicted to boost the adoption of gear measuring machines in the long run.
Rising automotive manufacturing, high investments in industrialization, expanding aviation industry, and growing use of advanced technologies to improve precision and produce high-standard products are other prospects that could boost sales of gear measuring machines in the MEA region through 2034.
- Sales of gear measuring machines in the Rest of the Middle East & Africa are forecasted to reach US$ 3.6 million in 2024.
| Report Attributes | Details |
|---|---|
| Gear Measuring Machine Sales in Middle East & Africa (2024E) | US$ 57.5 Million |
| Projected Sales (2034F) | US$ 72 Million |
| Demand Growth (2024 to 2034) | 2.2% CAGR |
| Sales in Iran (2024E) | US$ 10.9 Million |
| Demand Growth in Rest of MEA (2024 to 2034) | 1.6% CAGR |
| Revenue from Automotive Manufacturing Applications (2024E) | US$ 16.1 Million |
| Key Companies Profiled |
|
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Which Market Trend is Pushing Gear Measuring Machine Sales in MEA?
“Increasing Construction Activity Creating New Business Opportunities”
Focus on infrastructure development in the Middle East & Africa region has increased substantially in recent years and this trend is projected to create attractive opportunities for gear measuring machine suppliers going forward. Construction requires heavy machinery and industrial equipment, which cannot function without the making of precise gears thereby boosting demand for gear measuring machines in the region.
Launch of several new megaprojects in Middle Eastern countries and the launch of new residential and commercial construction projects in African countries are estimated to uplift gear measuring machine sales in the long run.
- Around 19.2% of gear measuring machines sold in the Middle East & African region are projected to be used in construction & mining equipment manufacturing in 2024.
Know more about key aspects such as product standards, pricing trends, safety regulations, local supply, and new developments in this research study on gear measuring machines by skilled analysts at Fact.MR, a market research and competitive intelligence provider.
Country-wise Insights
GCC countries and Türkiye are the best bet for any gear measuring machine companies looking to make a mark in the Middle East & Africa region across the study period and beyond.
Should Gear Measuring Machine Companies Invest in GCC Countries?
“Presence of Robust Oil & Gas Industry Will Offer Bright Business Scope”
| Attribute | GCC Countries |
|---|---|
| Market Value (2024E) | US$ 26.7 Million |
| Growth Rate (2024 to 2034) | 2.3% CAGR |
| Projected Value (2034F) | US$ 33.8 Million |
GCC countries are known around the world for their oil industry and this is what is projected to boost demand for gear measuring machines over the coming years. Growing demand for high-precision heavy equipment and machines in the oil & gas industry is projected to primarily uplift sales of gear measuring machines in countries such as Qatar, Kuwait, and Saudi Arabia in the future. Increasing efforts of governments of GCC countries to boost industrialization could also open up new avenues of opportunities for gear measuring machine suppliers through 2034.
Why are Gear Measuring Machine Suppliers Targeting Türkiye?
“Booming Manufacturing Activity in the Country”
| Attribute | Türkiye |
|---|---|
| Market Value (2024E) | US$ 16.3 Million |
| Growth Rate (2024 to 2034) | 2.2% CAGR |
| Projected Value (2034F) | US$ 20.4 Million |
Manufacturing activity in Türkiye has been increasing at a steady pace in recent years and this is projected to primarily uplift the demand for gear measuring machines in the country going forward. Increasing investments in improving the automotive manufacturing capacity of Türkiye are also forecasted to provide lucrative growth scope for gear measuring machine vendors across the study period.
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Category-wise Insights
Gear measuring machine providers in the Middle East & Africa are focusing on supplying products to the aviation industry with a working diameter of more than 1,200 mm to boost their business growth in the future.
Gear Measuring Machines of Which Working Diameter are Popular?
“Machines with Working Diameter of More than 1,200 mm Widely Used”
| Attribute | Above 1,200 mm |
|---|---|
| Segment Value (2024E) | US$ 24.9 Million |
| Growth Rate (2024 to 2034) | 2.4% CAGR |
| Projected Value (2034F) | US$ 31.6 Million |
High demand for gears from the heavy equipment industry and aviation industry is projected to primarily contribute to the rising popularity of gear measuring machines with a working diameter of more than 1,200 mm in the Middle East and Africa going forward. Increasing use of complex gearboxes and gear designs in different heavy-duty applications is estimated to further bolster the demand outlook for this segment in the MEA region.
From Which Application Will Revenue Increase Faster in MEA?
“Aviation Industry to Drive Gear Measuring Equipment Demand”
| Attribute | Aviation Industry |
|---|---|
| Segment Value (2024E) | US$ 6.2 Million |
| Growth Rate (2024 to 2034) | 4% CAGR |
| Projected Value (2034F) | US$ 9.2 Million |
Tourism in the Middle East & Africa region has been increasing at a good pace in recent years and this has led to substantial growth in the aviation industry of this region. Expanding aircraft fleets of aviation giants such as Emirates, Qatar Airways, Etihad, and Saudia are estimated to boost the demand for gear measuring machines in the aviation industry over the next ten years and beyond.
Analyst’s Opinion
Gear measuring machine providers should try to establish their business in the Middle East & Africa region by targeting heavy equipment manufacturing owing to the high use of heavy machinery in this region. Gear measuring machine companies can also foray into the automotive and aviation industries to amplify their business scope and boost sales.
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Segmentation of Gear Measuring Machine Study in Middle East & Africa
-
By Max. Working Diameter:
- <300 mm
- 300 to 600 mm
- 601 to 900 mm
- 901 to 1,200 mm
- Above 1,200 mm
-
By Permissible Test Gear Weight:
- Below 50 Kg
- 50 to 100 Kg
- 101 to 250 Kg
- 251 to 500 Kg
- 501 to 750 Kg
- 751 to 1,000 Kg
- Above 1,000 Kg
-
By Application:
- Gear Manufacturing
- Automotive Manufacturing
- Construction & Mining Equipment Manufacturing
- Aviation Industry
- Agriculture & Forestry Equipment Manufacturing
- Industrial Equipment Manufacturing
- Others
-
By Country:
- GCC Countries
- Türkiye
- Iran
- Rest of Middle East & Africa
- FAQs -
How much are gear measuring machine sales in the Middle East & Africa?
Gear measuring machine sales in the Middle East & Africa are estimated at US$ 57.5 million in 2024.
What is the forecasted sales revenue for 2034?
The market in the Middle East & Africa is projected to reach US$ 72 million by the end of 2034.
At what pace will the demand for gear measuring machines rise?
Sales of gear measuring machines in the Middle East & Africa are projected to rise at 2.2% CAGR from 2024 to 2034.
Where will gear measuring machine demand be higher?
Gear measuring machine sales in GCC countries are set to increase at 2.3% CAGR over the next ten years.
What are most gear measuring machines used for?
Majority of gear measuring machines are used in automotive manufacturing applications.
Who are the leading gear measuring machine distributors in MEA?
Kapp Niles, Gleason Corporation, Liebherr-Verzahntechnik GmbH, and Mitsubishi Heavy Industries Ltd. are top gear measuring machine manufacturing companies.
Gear Measuring Machine Industry Analysis in Middle East & Africa