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Foundry Equipment Market by Application and Geography - Forecast and Analysis 2021-2025

  • Published: May 2021
  • Pages: 120
  • SKU: IRTNTR40995
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The foundry equipment market has the potential to grow by USD 6.24 billion during 2021-2025, and the market’s growth momentum will accelerate at a CAGR of 4%.

This foundry equipment market analysis report entails exhaustive statistical qualitative and quantitative data on application (metal casting and metal heat treatment) and geography (APAC, North America, Europe, South America, and MEA) and their contribution to the target market. View our sample report to gather market insights on the segmentations. Furthermore, with the latest key findings on the post COVID-19 impact on the market, available in this report, you can create successful business strategies to generate new sales opportunities.

What will the Foundry Equipment Market Size be in 2021?

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Foundry Equipment Market: Key Drivers and Trends

According to our research output, there has been a neutral impact on the market growth post COVID-19 era. Key drivers such as the rising global industrial automation are notably supporting the foundry equipment market growth. On the other hand, factors such as have been identified as market challenges that limit the growth of market vendors. This report offers detailed insights on the challenges to stay prepared for the obstacles in the future, which will help companies analyze and develop growth strategies.

This post-pandemic foundry equipment market report has assessed the shift in consumer behavior and identified and explored the upcoming trends, drivers, and challenges that will have a far-reaching effect on the market growth. Understanding market trends is essential for identifying new business opportunities across segmentations and geographies.

Who are the Major Foundry Equipment Market Vendors?

The foundry equipment market forecast report provides insights on complete key vendor profiles and their business strategies to reimage themselves. The leading companies included in the report are as follows:

 

  • Baoding Well Foundry Machinery Co. Ltd.
  • Buhler AG
  • Hitachi Ltd.
  • KÜNKEL WAGNER Germany GmbH
  • Loramendi S.Coop.
  • MESH Automation Inc.
  • Nabertherm GmbH
  • Norican Group
  • Shibaura Machine Co. Ltd.
  • Sintokogio Ltd.

 

The foundry equipment market analysis report contains exhaustive actionable insights on the organic and inorganic growth strategies deployed by the vendors. The foundry equipment market is fragmented and is expected to provide favorable growth environment to new and existing players in the coming years. Click here to uncover details of successful business strategies adopted by the vendors.

To make the most of the opportunities and recover from post COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

For insights on complete key vendor profiles, download a free sample of the foundry equipment market forecast report. The profiles include information on the production, sustainability, and prospects of the leading companies. The report's vendor landscape section also provides industry risk assessment in terms of labor cost, raw material price fluctuation, and other parameters, which is crucial for effective business planning.

Which are the Key Regions for Foundry Equipment Market?

Foundry Equipment Market Share by Geography

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50% of the market’s growth will originate from APAC during the forecast period. China and Japan are the key markets for foundry equipment market in APAC.

APAC has been recording significant growth rate and is expected to offer several business opportunities to market vendors during the forecast period. One of the key factors driving the growth in APAC is drivers.2.lower. To garner further competitive intelligence and regional opportunities in store for vendors, view our sample report.

What are the Revenue-generating Application Segments in the Foundry Equipment Market?

Foundry Equipment Market Share by Application

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The foundry equipment market report provides comprehensive understanding of the subsets of our target market to earmark niche customer groups and simplify demographic requirements. In addition, the report provides insights on the impact of the unprecedented outbreak of COVID-19 on market segments. Through these insights, you can safely deduce transformation patterns in consumer behavior, which is crucial to gauge segment-wise revenue growth during 2021-2025 and embrace technologies to improve business efficiency. The foundry equipment market share growth by the metal casting segment has been significant and is expected to provide significant growth opportunities to market vendors.

This report provides thorough foundry equipment market segment analysis that will help you gauge the existing competition, demographics, lucrative target customer groups, solutions to improve sales and services, and other crucial market intelligence data. Request for a free sample of the report to get an exclusive glimpse of actionable market insights on post COVID-19 impact on each segment and the growth of the foundry equipment market size.

Foundry Equipment Market Scope

Report Coverage

Details

Page number

120

Base year

2020

Forecast period

2021-2025

Growth momentum & CAGR

Accelerate at a CAGR of 4%

Market growth 2021-2025

USD 6.24 billion

Market structure

Fragmented

YoY growth (%)

2.27

Regional analysis

APAC, North America, Europe, South America, and MEA

Performing market contribution

APAC at 50%

Key consumer countries

China, US, Germany, Japan, and Italy

Competitive landscape

Leading companies, competitive strategies, consumer engagement scope

Companies profiled

Baoding Well Foundry Machinery Co. Ltd., Buhler AG, Hitachi Ltd., KÜNKEL WAGNER Germany GmbH, Loramendi S.Coop., MESH Automation Inc., Nabertherm GmbH, Norican Group, Shibaura Machine Co. Ltd., and Sintokogio Ltd.

Market Dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and future consumer dynamics, market condition analysis for the forecast period,

Customization purview

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What are the Key Factors Covered in this Foundry Equipment Market Report?

  • CAGR of the market during the forecast period 2021-2025
  • Detailed information on factors that will drive foundry equipment market growth during the next five years
  • Precise estimation of the foundry equipment market size and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behavior
  • The growth of the foundry equipment market across APAC, North America, Europe, South America, and MEA 
  • A thorough analysis of the market’s competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of foundry equipment market vendors

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Executive Summary

Market Landscape

  • Market ecosystem
  • Value chain analysis

Market Sizing

  • Market definition
  • Market segment analysis
  • Market size 2020
  • Market outlook: Forecast for 2020 - 2025

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 Application

  • Market segments
  • Comparison by Application
  • Metal casting - Market size and forecast 2020-2025
  • Metal heat treatment - Market size and forecast 2020-2025
  • Market opportunity by Application

Customer landscape

  • Customer landscape

Geographic Landscape

  • Geographic segmentation
  • Geographic comparison
  • APAC - Market size and forecast 2020-2025
  • North America - Market size and forecast 2020-2025
  • Europe - Market size and forecast 2020-2025
  • South America - Market size and forecast 2020-2025
  • MEA - Market size and forecast 2020-2025
  • Key leading countries
  • Market opportunity by geography
  • Market drivers
  • Market challenges
  • Market trends

Vendor Landscape

  • Overview
  • Landscape disruption

Vendor Analysis

  • Vendors covered
  • Market positioning of vendors
  • Baoding Well Foundry Machinery Co. Ltd.
  • Buhler AG
  • Hitachi Ltd.
  • KÜNKEL WAGNER Germany GmbH
  • Loramendi S.Coop.
  • MESH Automation Inc.
  • Nabertherm GmbH
  • Norican Group
  • Shibaura Machine Co. Ltd.
  • Sintokogio Ltd.

Appendix

  • Scope of the report
  • Currency conversion rates for US$
  • Research methodology
  • List of abbreviations

Research Framework

Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

TechnavioINFORMATION SOURCES

Primary sources

  • Manufacturers and suppliers
  • Channel partners
  • Industry experts
  • Strategic decision makers

Secondary sources

  • Industry journals and periodicals
  • Government data
  • Financial reports of key industry players
  • Historical data
  • Press releases
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TechnavioDATA ANALYSIS

Data Synthesis

  • Collation of data
  • Estimation of key figures
  • Analysis of derived insights

Data Validation

  • Triangulation with data models
  • Reference against proprietary databases
  • Corroboration with industry experts
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TechnavioREPORT WRITING

Qualitative

  • Market drivers
  • Market challenges
  • Market trends
  • Five forces analysis

Quantitative

  • Market size and forecast
  • Market segmentation
  • Geographical insights
  • Competitive landscape
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The foundry equipment market growth will increase by $12.37 billion during 2019-2024.
The foundry equipment market is expected to grow at a CAGR of 7.03% during 2019-2024.
Technavio has segmented the foundry equipment market by application (Metal casting, Metal heat treatment, Standalone rupture disc, and Rupture disc in combination with relief valves) and geographic (APAC, North America, Europe, and South America).
Baoding Well Foundry Machinery Co. Ltd., Bühler AG, Hitachi Ltd., KÜNKEL WAGNER Germany GmbH, Loramendi S.Coop., MESH Automation Inc., Nabertherm GmbH, Norican Group, SINTOKOGIO Ltd., Toshiba Machine Co. Ltd. are a few of the key vendors in the foundry equipment market.
APAC will register the highest growth rate of 47.83% among the other regions. Therefore, the foundry equipment market in APAC is expected to garner significant business opportunities for the vendors during the forecast period.
The key factors driving the foundry equipment market growth are:
  • Increase in production of light vehicles
  • Simulation-based castings
The foundry equipment market vendors should focus on grabbing business opportunities from the metal casting segment as it accounted for the largest market share in the base year.
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