Global Foundry Equipment Market Growth 2023-2029
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.
LPI (LP Information)' newest research report, the “Foundry Equipment Industry Forecast” looks at past sales and reviews total world Foundry Equipment sales in 2022, providing a comprehensive analysis by region and market sector of projected Foundry Equipment sales for 2023 through 2029. With Foundry Equipment sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Foundry Equipment industry.
This Insight Report provides a comprehensive analysis of the global Foundry Equipment landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Foundry Equipment portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Foundry Equipment market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Foundry Equipment and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Foundry Equipment.
The global Foundry Equipment market size is projected to grow from US$ 5094.3 million in 2022 to US$ 6493.3 million in 2029; it is expected to grow at a CAGR of 6493.3 from 2023 to 2029.
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.
This report presents a comprehensive overview, market shares, and growth opportunities of Foundry Equipment market by product type, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
Die Casting Machine
Centrifugal Casting Machine
Induction Furnace
Moulding Machine
Coremaking Machine
Shot Blasting Machine
Segmentation by application
Automotive
Aerospace
Machinery
Shipbuilding
Power Generation and Electricity
Other
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Inductotherm
Buhler
Norican
L.K Group
Sinto
Toshiba
Wheelabrator
Yizumi
Frech
ABP
UBE
Otto Junker
Baoding Well
Pangborn
ALD
Kunkel Wagner
Agtos
TOYO
Guannan
Suzhu
Suzhou Sanji
Ziheng Hengteer
Rosler
Ningbo Dongfang
Key Questions Addressed in this Report
What is the 10-year outlook for the global Foundry Equipment market?
What factors are driving Foundry Equipment market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Foundry Equipment market opportunities vary by end market size?
How does Foundry Equipment break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?
Please note: The report will take approximately 2 business days to prepare and deliver.
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