A well designed machine should have a long time to failure of the components, even our hobby machines, from new. Yes, there will be some "Friday afternoon" machines, but they should be a small percentage of the population, and usually come to light early on, to be repaired or replaced.
Older, ex industry machines are more likely to need spares since they will have been driven hard for many years. possibly being disposed of, shortly before when they are expected to fail / suffer severe wear.
After my RF 25 shredded the primary belt within 6 months from new, I bought a new belt and a spare, before realigning the motor..
This is still unused,, and the secondary belt is functioning satisfactorily, over 20 years later!
The lathe is 17 years old, and the belts are still OK, as is the belt on the Bandsaw.
The only other machine spare carried is oil and the cans with which to apply it.
Until the lamp was slightly modified, the worklight on the lathe used to eat the 24V 50W halogen bulbs, so there are some in stock, since there seems to be no local stockist..
There is a bearing and belt stockist within a couple of miles, so spares are easily available.
There are some duplicate Drills, Taps and Dies in stock.
material is held in stock, on "Come in handy, one day" basis Needless to say not always the size this is immediately required, so either a design change or extra swarf!
Many versions of the mini lathe use plastic gears. Currently, spares are available, either in plastic or in metal.
Bearings are changed more as an upgrade, rather than through failure, I suspect
The problem in carrying machine spares is knowing which parts are going to fail, and that knowledge comes to us in learning what failures others have had.
So, with a new machine, there is probably minimal need for machine spares, except possibly for known vulnerabilities, such as Tufnol gears. As hobbyists, rather than needing to use machines as a source of income, a stoppage is an annoyance rather than a desperate need. It can cause problems with older machines.
A friend has an elderly Chinese machine. An oil seal has failed, replacements were quoted as six months lead time. Our solution is to make a replacement housing, so that easily available standard bearings and oil seal can be used. These are the sort of actions that old machines require if they are to kept going.
Howard