Global Foundry Equipment Market Growth 2023-2029

Global Foundry Equipment Market Growth 2023-2029

Product Code:450716

Published Date: Feb 08,2023

Pages: 126

Region: Global

Category: Machinery & Equipment

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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?