Global Foundry Tools Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030
According to our (Global Info Research) latest study, the global Foundry Tools market size was valued at USD 5358.4 million in 2023 and is forecast to a readjusted size of USD 6792.1 million by 2030 with a CAGR of 3.4% during review period.
Foundry equipment refers to all machines used in metal casting process which is a shape convertion or manufacturing process to pour a liquid material into a mold containing a hollow cavity of the desired shape, and then allowed to solidify. The solidified part is also known as a casting, which is ejected or broken out of the mold to complete the process.
The world's leading manufacturers of foundry equipment include Inductotherm, Buhler, Norican, L.K Group, Sinto, Toshiba, Wheelabrator, Yizumi and Frech. Geographically, Asia-Pacific occupied 54% of the sales volume market in 2018. It is followed by Europe and North America, which respectively have around 21% and 17% of the global total industry.
The Global Info Research report includes an overview of the development of the Foundry Tools industry chain, the market status of Automotive (Shovels, Trowels), Machinery & Equipment (Shovels, Trowels), and key enterprises in developed and developing market, and analysed the cutting-edge technology, patent, hot applications and market trends of Foundry Tools.
Regionally, the report analyzes the Foundry Tools markets in key regions. North America and Europe are experiencing steady growth, driven by government initiatives and increasing consumer awareness. Asia-Pacific, particularly China, leads the global Foundry Tools market, with robust domestic demand, supportive policies, and a strong manufacturing base.
Key Features:
The report presents comprehensive understanding of the Foundry Tools market. It provides a holistic view of the industry, as well as detailed insights into individual components and stakeholders. The report analysis market dynamics, trends, challenges, and opportunities within the Foundry Tools industry.
The report involves analyzing the market at a macro level:
Market Sizing and Segmentation: Report collect data on the overall market size, including the sales quantity (K Units), revenue generated, and market share of different by Type (e.g., Shovels, Trowels).
Industry Analysis: Report analyse the broader industry trends, such as government policies and regulations, technological advancements, consumer preferences, and market dynamics. This analysis helps in understanding the key drivers and challenges influencing the Foundry Tools market.
Regional Analysis: The report involves examining the Foundry Tools market at a regional or national level. Report analyses regional factors such as government incentives, infrastructure development, economic conditions, and consumer behaviour to identify variations and opportunities within different markets.
Market Projections: Report covers the gathered data and analysis to make future projections and forecasts for the Foundry Tools market. This may include estimating market growth rates, predicting market demand, and identifying emerging trends.
The report also involves a more granular approach to Foundry Tools:
Company Analysis: Report covers individual Foundry Tools manufacturers, suppliers, and other relevant industry players. This analysis includes studying their financial performance, market positioning, product portfolios, partnerships, and strategies.
Consumer Analysis: Report covers data on consumer behaviour, preferences, and attitudes towards Foundry Tools This may involve surveys, interviews, and analysis of consumer reviews and feedback from different by Application (Automotive, Machinery & Equipment).
Technology Analysis: Report covers specific technologies relevant to Foundry Tools. It assesses the current state, advancements, and potential future developments in Foundry Tools areas.
Competitive Landscape: By analyzing individual companies, suppliers, and consumers, the report present insights into the competitive landscape of the Foundry Tools market. This analysis helps understand market share, competitive advantages, and potential areas for differentiation among industry players.
Market Validation: The report involves validating findings and projections through primary research, such as surveys, interviews, and focus groups.
Market Segmentation
Foundry Tools market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value.
Market segment by Type
Shovels
Trowels
Rammers
Other
Market segment by Application
Automotive
Machinery & Equipment
Aerospace & Defense
Other
Major players covered
Morgan Advanced Materials
Artisan Foundry Shop
Freeman Manufacturing
MIFCO-McEnglevan Industrial Furnace Company
Crowder Supply
GIBA
Holmatro
Apex Tool Group
U.S. Air Tool
Market segment by region, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Foundry Tools product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Foundry Tools, with price, sales, revenue and global market share of Foundry Tools from 2019 to 2024.
Chapter 3, the Foundry Tools competitive situation, sales quantity, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Foundry Tools breakdown data are shown at the regional level, to show the sales quantity, consumption value and growth by regions, from 2019 to 2030.
Chapter 5 and 6, to segment the sales by Type and application, with sales market share and growth rate by type, application, from 2019 to 2030.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value and market share for key countries in the world, from 2017 to 2023.and Foundry Tools market forecast, by regions, type and application, with sales and revenue, from 2025 to 2030.
Chapter 12, market dynamics, drivers, restraints, trends and Porters Five Forces analysis.
Chapter 13, the key raw materials and key suppliers, and industry chain of Foundry Tools.
Chapter 14 and 15, to describe Foundry Tools sales channel, distributors, customers, research findings and conclusion.