Foundry Market 2024-2028
The foundry market is forecasted to grow by USD 23706.5 million during 2023-2028, accelerating at a CAGR of 13.89% during the forecast period. The report on the foundry market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by focus on technology upgrades, make in india initiative, and increasing confidence within foundry industry.
Technavio's foundry market is segmented as below:
- By End-user
- Automotive
- Electrical and construction
- Industrial machinery
- Agriculture
- Others
- By Type
- Gray iron casting
- Non-ferrous casting
- Ductile iron casting
- Steel casting
- Malleable casting
- By Geographical Landscape
- APAC
The report on the foundry market covers the following areas:
- Foundry market sizing
- Foundry market forecast
- Foundry market industry analysis
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.
- Executive Summary
- Market overview
- Table Executive Summary - Data Table on Market Overview
- Market overview
- Market Landscape
- Market ecosystem
- Table Data Table on - Parent Market
- Market characteristics
- Value chain analysis
- Market ecosystem
- Market Sizing
- Market definition
- Market segment analysis
- Market size 2023
- Market outlook: Forecast for 2023-2028
- Table Data Table on India - Market size and forecast 2023-2028 ($ million)
- Table Data Table on India: Year-over-year growth 2023-2028 (%)
- Historic Market Size
- Foundry Market in India 2018 - 2022
- Table Historic Market Size - Data Table on Foundry Market in India 2018 - 2022 ($ million)
- End-user segment analysis 2018 - 2022
- Type segment analysis 2018 - 2022
- Foundry Market in India 2018 - 2022
- Five Forces Analysis
- Five forces summary
- Bargaining power of buyers
- Bargaining power of suppliers
- Threat of new entrants
- Threat of substitutes
- Threat of rivalry
- Market condition
- Market Segmentation by End-user
- Market segments
- Table Data Table on End-user - Market share 2023-2028 (%)
- Comparison by End-user
- Table Data Table on Comparison by End-user
- Automotive - Market size and forecast 2023-2028
- Table Data Table on Automotive - Market size and forecast 2023-2028 ($ million)
- Table Data Table on Automotive - Year-over-year growth 2023-2028 (%)
- Electrical and construction - Market size and forecast 2023-2028
- Table Data Table on Electrical and construction - Market size and forecast 2023-2028 ($ million)
- Table Data Table on Electrical and construction - Year-over-year growth 2023-2028 (%)
- Industrial machinery - Market size and forecast 2023-2028
- Table Data Table on Industrial machinery - Market size and forecast 2023-2028 ($ million)
- Table Data Table on Industrial machinery - Year-over-year growth 2023-2028 (%)
- Agriculture - Market size and forecast 2023-2028
- Table Data Table on Agriculture - Market size and forecast 2023-2028 ($ million)
- Table Data Table on Agriculture - Year-over-year growth 2023-2028 (%)
- Others - Market size and forecast 2023-2028
- Table Data Table on Others - Market size and forecast 2023-2028 ($ million)
- Table Data Table on Others - Year-over-year growth 2023-2028 (%)
- Market opportunity by End-user
- Table Data Table on Market opportunity by End-user ($ million)
- Market segments
- Market Segmentation by Type
- Market segments
- Table Data Table on Type - Market share 2023-2028 (%)
- Comparison by Type
- Table Data Table on Comparison by Type
- Gray iron casting - Market size and forecast 2023-2028
- Table Data Table on Gray iron casting - Market size and forecast 2023-2028 ($ million)
- Table Data Table on Gray iron casting - Year-over-year growth 2023-2028 (%)
- Non-ferrous casting - Market size and forecast 2023-2028
- Table Data Table on Non-ferrous casting - Market size and forecast 2023-2028 ($ million)
- Table Data Table on Non-ferrous casting - Year-over-year growth 2023-2028 (%)
- Ductile iron casting - Market size and forecast 2023-2028
- Table Data Table on Ductile iron casting - Market size and forecast 2023-2028 ($ million)
- Table Data Table on Ductile iron casting - Year-over-year growth 2023-2028 (%)
- Steel casting - Market size and forecast 2023-2028
- Table Data Table on Steel casting - Market size and forecast 2023-2028 ($ million)
- Table Data Table on Steel casting - Year-over-year growth 2023-2028 (%)
- Malleable casting - Market size and forecast 2023-2028
- Table Data Table on Malleable casting - Market size and forecast 2023-2028 ($ million)
- Table Data Table on Malleable casting - Year-over-year growth 2023-2028 (%)
- Market opportunity by Type
- Table Data Table on Market opportunity by Type ($ million)
- Market segments
- Customer Landscape
- Customer landscape overview
- Drivers, Challenges, and Opportunity/Restraints
- Market drivers
- Focus on technology upgrades
- Make in India initiative
- Increasing confidence within foundry industry
- Market challenges
- Environmental issues leading to increasing environmental cost
- Lack of highly skilled manpower
- Intense competition within end-user industries
- Impact of drivers and challenges
- Market opportunities/restraints
- Institute of Indian Foundrymen (IIF) in-plant training program
- Formation of foundry clusters
- AI in foundry for design
- Market drivers
- Competitive Landscape
- Overview
- Competitive Landscape
- Landscape disruption
- Industry risks
- Competitive Analysis
- Companies profiled
- Market positioning of companies
- Aditya Birla Management Corp. Pvt. Ltd.
- Ashok Iron Works P Ltd.
- Cooper Corp.
- DCM Ltd.
- Electrosteel Castings Ltd.
- Fortune Foundries Pvt. Ltd.
- Jayaswal Neco Industries Ltd.
- JSW Group
- Kalyani Group
- Kirloskar Ferrous Industries Ltd.
- Larsen and Toubro Ltd.
- Menon and Menod Ltd.
- Nelcast Ltd.
- Tata Sons Pvt. Ltd.
- The Sanmar Group
- Appendix
- Scope of the report
- Market definition
- Objectives
- Notes and caveats
- Inclusions and exclusions checklist
- Currency conversion rates for US$
- Research methodology
- Data procurement
- Data validation
- Validation techniques employed for market sizing
- Data synthesis
- 360 degree market analysis
- List of abbreviations
- Scope of the report
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