Global Automated Pouring System Market Research Report 2024-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2030

Global Automated Pouring System Market Research Report 2024-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2030

Metal casting is the process of casting metal into a shape by melting the metal into a liquid, pouring the metal into a mold, and removing the mold material or casting after the metal has cooled and solidified. Automated Pouring System is an automated system for casting production that enables precise metal pouring.

Market Overview:

The latest research study on the global Automated Pouring System market finds that the global Automated Pouring System market reached a value of USD 128.43 million in 2023. It’s expected that the market will achieve USD 165.94 million by 2029, exhibiting a CAGR of 4.36% during the forecast period.

1.Market Trends

Application of artificial intelligence technology.
The application of artificial intelligence technology brings process optimization to automatic pouring systems and achieves higher energy saving, accuracy, repeatability and reliability.

The development of Industry 4.0.

Industry 4.0 (also known as the fourth industrial revolution) is an era of opportunity to improve the digitalization level of manufacturing.

2.Growth Drivers

Increasing labor shortages are driving investment in automation technology in the metal casting industry.
Many major manufacturing countries around the world are facing labor shortages. Manufacturing is an industry that processes raw materials on a large scale into finished products or final products that can be used or sold. The metal casting industry is one of them.

Advantages of automatic pouring systems.

The automatic pouring system has advantages in consistency, accuracy, safety, efficiency, and productivity. These advantages promote its application in many fields.

3.Challenges

Temperature measurement and control challenges.
In metal casting, temperature measurement is of vital importance for several reasons. First, temperature affects the microstructure and mechanical properties of cast components. Proper temperature control ensures the quality, surface finish, and structural integrity of your castings. Second, precise temperature control prevents defects such as shrinkage, voids, and poor pouring, reducing rework or scrap.

4.Market Restraints

Raw material prices fluctuate.
Steel is one of the main raw materials for automatic pouring systems and accounts for a large proportion of production costs. Steel is a bulk product whose price is affected by many factors and is prone to fluctuations.

High barriers to entry.

The automated pouring system is a large, comprehensive, and complex system. From design to installation, successful deployment of this product requires a significant amount of advanced talent, technology, and capital.

Region Overview:

Latin America had the highest growth rate of all regions
Asia Pacific is projected to account for a considerable share of the Automated Pouring System market and is expected to become the largest region by 2028.

Company Overview:

Sinto is one of the major players operating in the Automated Pouring System market, holding a share of 25.21% in 2023.

Sinto，Inductotherm，Baoding Well，Maharashtra，kuenkel-wagner are the five key players in the global Automated Pouring System market. These companies have shown consistent growth in revenue, larger volumes of sales and a prominent presence in terms of share in the global Automated Pouring System market in the past 5 years.

Sinto

Sinto has been a casting equipment manufacturer since its founding in 1934 and has accumulated technology and expertise in the casting field. Materials industries that process natural resources into raw materials. The materials industry shapes the raw materials produced there. All industrial products are backed by high-quality materials. Sinto have long strived to be the leader in the design and manufacture for all industrial applications. From standard to custom, simple or complex, or a single piece of equipment to a full system.

Inductotherm

Inductotherm Corp. is part of 40 companies making up the Inductotherm Group. The Inductotherm Group offers advanced technology for the engineering, manufacturing, and service of thermal processing equipment used in the melting, heating, heat treating, forging, galvanizing, coating, cutting and welding of metals.

Segmentation Overview:

Small Ladle (Below 5T) ；Large Ladle (Above 5T)：
This classification refers to the ladle capacity. Below 5 tons (5T) are small ladles, and above are large ladles.

Application Overview:

By application, the Automobile segment occupied the biggest share from 2018 to 2022.

Key Companies in the global Automated Pouring System market covered in Chapter 3:

GVF Impianti
Acetarc
Maharashtra
Sree Sakthi
Inductotherm
Sinto
Baoding Well
kuenkel-wagner
pourTECH
Weijing

In Chapter 4 and Chapter 14.2, on the basis of types, the Automated Pouring System market from 2019 to 2030 is primarily split into:

Small Ladle (Below 5T)
Large Ladle (Above 5T)

In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the Automated Pouring System market from 2019 to 2030 covers:

Aerospace
Agriculture
Pipe
Automobile
Others

Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2019-2030) of the following regions are covered in Chapter 8 to Chapter 14:

North America (United States, Canada)
Europe (Germany, UK, France, Italy, Spain, Russia, Netherlands, Turkey, Switzerland, Sweden)
Asia Pacific (China, Japan, South Korea, Australia, India, Indonesia, Philippines, Malaysia)
Latin America (Brazil, Mexico, Argentina)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa)