Middle East & Africa Broaching Machine Market Size & Outlook
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MEA broaching machine market highlights
- The MEA broaching machine market generated a revenue of USD 14.2 million in 2024.
- The market is expected to grow at a CAGR of 4.5% from 2025 to 2030.
- In terms of segment, automotive was the largest revenue generating end use in 2024.
- Automotive is the most lucrative end use segment registering the fastest growth during the forecast period.
- Country-wise, Saudi Arabia is expected to register the highest CAGR from 2025 to 2030.
MEA data book summary
| Market revenue in 2024 | USD 14.2 million |
| Market revenue in 2030 | USD 18.6 million |
| Growth rate | 4.5% (CAGR from 2025 to 2030) |
| Largest segment | Automotive |
| Fastest growing segment | Automotive |
| Historical data covered | 2018 - 2023 |
| Base year for estimation | 2024 |
| Forecast period covered | 2025 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Automotive, Aerospace & Defense, Industrial Machinery, Metalworking & Fabrication |
| Key market players worldwide | Mitsubishi Heavy Industries Ltd, Apex Broaching Systems, Broaching Machine Specialties, Colonial Tool, The Ohio Broach and Machine Company, Pioneer Broach Company, Axisco Precision Machinery |
Other key industry trends
- In terms of revenue, MEA region accounted for 3.0% of the global broaching machine market in 2024.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 242.0 million by 2030.
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Broaching Machine Market Scope
Broaching Machine Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Axisco Precision Machinery | View profile | 11-50 | Changhua, T'ai-wan, Taiwan, Asia | https://www.twaxisco.com |
| Pioneer Broach Company | View profile | 11-50 | Los Angeles, California, United States, North America | https://www.pioneerbroach.com |
| The Ohio Broach and Machine Company | View profile | 11-50 | Willoughby, Ohio, United States, North America | https://www.ohiobroach.com/ |
| Colonial Tool | View profile | 51-100 | Windsor, Ontario, Canada, North America | https://www.colonialtool.com |
| Broaching Machine Specialties | View profile | 11-50 | Michigan, North Dakota, United States, North America | https://www.broachingmachine.com |
| Apex Broaching Systems | View profile | 11-50 | Warren, Michigan, United States, North America | http://www.apbsi.com |
| Mitsubishi Heavy Industries Ltd | View profile | 86331 | 2-3 Marunouchi 3-chome, Chiyoda-ku, Tokyo, Japan, 100-8332 | https://www.mhi.com |
Middle East & Africa broaching machine market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to broaching machine market will help companies and investors design strategic landscapes.
Automotive was the largest segment with a revenue share of 42.25% in 2024. Horizon Databook has segmented the Middle East & Africa broaching machine market based on automotive, aerospace & defense, industrial machinery, metalworking & fabrication covering the revenue growth of each sub-segment from 2018 to 2030.
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Our clientele includes a mix of broaching machine market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of continent-level data and insights on the Middle East & Africa broaching machine market , including forecasts for subscribers. This continent databook contains high-level insights into Middle East & Africa broaching machine market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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MEA broaching machine market size, by country, 2018-2030 (US$M)
Middle East & Africa Broaching Machine Market Outlook Share, 2024 & 2030 (US$M)
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