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Saudi Arabia to establish a world-class aluminium die-casting facility

Saudi Arabia to establish a world-class aluminium die-casting facility

Saudi Arabia will house a world-class aluminium die-casting facility to cater to the growing electric vehicle and general engineering market. The Kingdom has already outsourced the marketing study project to Hinks Gardener, a leading Mid-Level marketing research and consulting firm.
The marketing study project, valued at $10-15 million, includes analysing Saudi Arabia’s and overseas market landscape of aluminium castings, delving deep into the burgeoning EV Sector, and evaluating Long Term Tie Ups and Growth Potential, especially in North America and GCC region.
The objectives of the market study are – 1) identifying market trends, consumer behaviour, and emerging opportunities in the North America and GCC market, 2) spotting key competitors and their market share and strategies, 3) understanding consumers’ preferences, demographics, and purchasing habits, and 4) developing entry strategies to establish a strong presence in the North American and GCC market.