Foundry Equipment Market Analysis APAC, North America, Europe, South America, Middle East and Africa - US, China, Japan, Germany, Italy - Size and Forecast 2023-2027

Published: Jan 2023 Pages: 168 SKU: IRTNTR40995

Foundry Equipment Market Forecast 2023-2027

The foundry equipment market is estimated to grow by USD 6,861.21 million at a CAGR of 4.37% between 2022 and 2027. The growth of the market depends on several factors, including rising industrial automation globally, growth of the construction industry, and advances in heat treatment technology. 

It also includes an in-depth analysis of drivers, trends, and challenges. Furthermore, the report consists of historic market data from 2017 to 2021.

What will be the Size of the Foundry Equipment Market During the Forecast Period?

To learn more about this report, View Report Sample

Market: Key Drivers, Trends, Challenges, and Customer Landscape

The advances in heat treatment technology is notably driving the market growth, although factors such as the lack of highly skilled manpower may impede the market growth. Our researchers analyzed the data with 2022 as the base year and the key drivers, trends, and challenges. A holistic analysis of drivers will help companies refine their marketing strategies to gain a competitive advantage.

Key Market Driver

The advances in heat treatment technology is notably driving the market growth. There are several visible advantages of using new vacuum heat treatment technology and equipment, including the reduction of the environmental footprint, shortening of production cycles, and lowering of operating costs via the most efficient use of utilities. Technologies such as the low-temperature surface modification process offer the advantage of low distortion and are gaining popularity in the market. Other notable technologies that have high growth potential in the next decade include nitriding, sulfo-nitriding, low-temperature vacuum carburizing, and low-pressure carburizing.

The next step in furnace control development will involve the design of control systems that are capable of automatic and independent reasoning during the heat treatment cycles. These technologies aim to simplify furnace operation while simultaneously improving reliability and efficiency. The developments in furnace technology will impact the market in a significant way.

Significant Market Trend

Simulation-based castings is the primary trend in the market. Simulation-based casting is used for the production of economic, reliable, and high-accuracy components. It is also used to increase the casting yield and decrease the shop floor time. By using simulation-based casting, one can predict the defects and their location easily compared to conventional casting, and the feed ability of the casting process can also be analyzed and optimized.

Global metal casting manufacturers have adopted many advanced technologies based on the needs of end-users, such as automotive and industrial machinery manufacturers. Industries require castings with precise dimensions with respect to shape, size, and weight to be used for their manufacturing purposes. This has made metal casting manufacturers adopt simulation-based castings to create perfect, defect-free castings. The simulation-based models have also helped in reducing wastage while simultaneously reducing operational costs. Precise designing has become a standard in the casting industry, thus benefitting the end-users. These advantages will drive the demand for simulation-based casting.

Major Market Challenge

The lack of highly skilled manpower is the major challenge impeding market growth. Foundry equipment lacks skilled manpower, such as foundry technicians, patternmakers, and maintenance electricians. The technology upgrades require the investment in training facilities to educate the employees on several aspects, such as different molding processes, patterning, method of castings, and several furnace technologies. The creation of organized modern training facilities and skill development programs on a regular basis will be helpful for foundries during the deployment of advanced technologies. Currently, most of the workforce opts for administrative, office, and managerial jobs. More than 90% of the foundries in India are Ministry of Micro, Small, and Medium Enterprises (MSMEs), wherein managers frequently perform functions that larger foundries assign to specialized workers.

To increase capacity utilization, foundries have to invest in specialized technicians specific to the task, such as patternmakers, hand core makers, moulders, machine core makers, primary sand technologists, and metallurgical assistants. Unless this is achieved, the full potential of the market cannot be achieved.

Key Market Customer Landscape

The report includes the adoption lifecycle of the market, covering from the innovator’s stage to the laggard’s stage. It focuses on adoption rates in different regions based on penetration. Furthermore, the report also includes key purchase criteria and drivers of price sensitivity to help companies evaluate and develop their growth strategies.

Global Market Customer Landscape

Who are the Major Foundry Equipment Market Companies?

Vendors are implementing various strategies, such as strategic alliances, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence in the market.

Madison Industries - The company offers foundry equipment such as wedges and pumps. The company offers various products such as medical products, industrial solutions, energy solutions, safety and flow solutions, and other products.

The report also includes detailed analyses of the competitive landscape of the market and information about 15 market vendors, including:

  • Dandong Fuding Engineering Machinery Co. Ltd.
  • Freeman Manufacturing and Supply Co.
  • GIBA
  • Hitachi Ltd.
  • Inductotherm Group
  • Kelsons Engineers and Fabricators
  • KueNKEL WAGNER Germany GmbH
  • Laempe Massner Sinto GmbH
  • Loramendi S.Coop.
  • McEnglevan Industrial Furnace Co. Inc.
  • MESH Automation Inc.
  • Morgan Advanced Materials Plc
  • Nabertherm GmbH
  • Norican Group
  • Oskar Frech GmbH Co. KG

Qualitative and quantitative analysis of vendors has been conducted to help clients understand the wider business environment as well as the strengths and weaknesses of key market players. Data is qualitatively analyzed to categorize vendors as pure play, category-focused, industry-focused, and diversified; it is quantitatively analyzed to categorize vendors as dominant, leading, strong, tentative, and weak.

What is the Fastest-Growing Segment in the Market?

The market share growth of the metal casting segment will be significant during the forecast period. Metal casting is one of the most significant applications of foundry equipment. Various end-user industries, namely automotive, aerospace and defense, shipbuilding, construction, and industrial machinery manufacturing sectors, use cast metal parts. Metal casting processes include melting, pouring into molds, and shaping. The market growth in this segment is closely tied to the growth of the automotive and construction industry across the globe. The growth of the automotive industry globally is increasingly being driven by the changing needs of consumers to accommodate the convergence of connectivity, electrification, and safety features.

Get a glance at the market contribution of various segments View the PDF Sample

The metal casting segment was valued at USD 20,190.15 million in 2017 and continued to grow until 2021Automakers are striving to develop smart, fuel-efficient vehicles that can adhere to stringent emission regulatory norms. As the automotive sector is a major contributor to the overall demand for cast parts, it is an important revenue-generating sector for the casting industry. The production of vehicles, including new energy vehicles, will continue to drive the demand for cast metals in this industry, which will keep driving the growth of the market in focus in this segment.

Which are the Key Regions for the Market?

For more insights on the market share of various regions Download PDF Sample now!

APAC is estimated to contribute 50% to the growth of the global market during the forecast period. Technavio’s analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period.

The growth of the market in focus in APAC is closely tied to the growth of the construction industry. The increasing number of construction activities in emerging economies and rising government spending on the development of infrastructure will drive the growth of the market in APAC during the forecast period. The growth of the construction industry in the region is driven by the need for new residential and commercial infrastructure for the expanding urban population base.

The increasing industrialization and the significant production of automobiles and industrial machinery are demanding foundry equipment, which is driving the growth of the market. In APAC, competitive manufacturing costs and high economic growth rates are the main factors that support the growth of the market in the rapidly growing end-user industries such as automotive, aerospace, and construction. These factors are also encouraging the global market players to expand their business in APAC.

Industrial activity in the region was adversely affected owing to COVID-19. However, with the gradual lifting of the lockdown restrictions and supply chains regaining their lost strength, the recovery of industrial sectors in APAC picked up the pace from 2021. Governments are expected to provide stimulus to manufacturing sub-sectors, which is expected to drive the growth of the regional market in focus during the forecast period.

Segment Overview

The report forecasts market growth by revenue at global, regional & country levels and provides an analysis of themarket growth and trends opportunities from 2017 to 2027. 

  • Application Outlook (USD Million, 2017 - 2027)
    • Metal casting
    • Metal heat treatment
  • End-user Outlook (USD Million, 2017 - 2027)
    • Automotive
    • Aerospace
    • Machinery
    • Others
  • Region Outlook (USD Million, 2017 - 2027)
    • APAC
      • China
      • India
    • North America
      • The U.S.
      • Canada
    • Europe
      • The U.K.
      • Germany
      • France
      • Rest of Europe
    • South America
      • Brazil
      • Argentina
    • Middle East & Africa
      • Saudi Arabia
      • South Africa
      • Rest of the Middle East & Africa

Market Analyst Overview

The Market caters to the diverse needs of heavy machinery equipment, handling hot and molten metal in various shapes and sizes. Core making, an essential process, involves the use of specialized equipment to create the cores needed for casting. These machines handle substances crucial for operations, ensuring efficiency and safety. With a focus on lightweight vehicles and energy efficiency, the market is adapting to emission regulations, leading to increased demand for electric vehicles. Per capita income and infrastructure development also play significant roles in market dynamics, despite the high price of equipment and strict regulations.

Market players are investing in production analysis and value chain optimization to navigate market regulations and drive strategic growth. Geographical expansions and technological innovations are key strategies in developed economies, where the market serves a large array of countries. Business consulting firms like Goal Oriented Solutions and DBMR provide insights into market trends and upcoming technological changes. Products like die casting machines, centrifugal casting machines, induction furnaces, moulding machines, coremaking machines, and shot blasting machines are essential for power generation and electricity. The market's growth is propelled by a focus on end-user needs and the product lifecycle, navigating disruption with innovative solutions.

Foundry Equipment Market Scope

Report Coverage

Details

Page number

168

Base year

2022

Historic period

2017-2021

Forecast period

2023-2027

Growth momentum & CAGR

Accelerate at a CAGR of 4.37%

Market growth 2023-2027

USD 6,861.21 million

Market structure

Fragmented

YoY growth 2022-2023(%)

3.27

Regional analysis

APAC, North America, Europe, South America, and Middle East and Africa

Performing market contribution

APAC at 50%

Key countries

US, China, Japan, Germany, and Italy

Competitive landscape

Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks

Key companies profiled

Apex Tool Group LLC, Artisan Foundry, Buhler AG, Crowder Supply Co. LLC, Dandong Fuding Engineering Machinery Co. Ltd., Freeman Manufacturing and Supply Co., GIBA, Hitachi Ltd., Inductotherm Group, Kelsons Engineers and Fabricators, KueNKEL WAGNER Germany GmbH, Laempe Massner Sinto GmbH, Loramendi S.Coop., Madison Industries, McEnglevan Industrial Furnace Co. Inc., MESH Automation Inc., Morgan Advanced Materials Plc, Nabertherm GmbH, Norican Group, and Oskar Frech GmbH Co. KG

Market dynamics

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

Customization purview

If our market report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

View PDF Sample

What are the Key Data Covered in this Market Research Report?

  • CAGR of the market during the forecast period
  • Detailed information on factors that will drive the market growth and forecasting of the market between 2023 and 2027
  • Precise estimation of the size of the market size and its contribution to the parent market
  • Accurate predictions about upcoming market trends and analysis and changes in consumer behavior
  • Growth of the market industry across Europe, North America, APAC, South America, and Middle East and Africa
  • Thorough market growth analysis of the market’s competitive landscape and detailed information about vendors
  • Comprehensive market analysis and report on the factors that will challenge the market research and growth of market vendors

We can help! Our analysts can customize this market research report to meet your requirements. 

Get in touch

1 Executive Summary

  • 1.1 Market overview
    • Exhibit 01: Executive Summary – Chart on Market Overview
    • Exhibit 02: Executive Summary – Data Table on Market Overview
    • Exhibit 03: Executive Summary – Chart on Global Market Characteristics
    • Exhibit 04: Executive Summary – Chart on Market by Geography
    • Exhibit 05: Executive Summary – Chart on Market Segmentation by Application
    • Exhibit 06: Executive Summary – Chart on Market Segmentation by End-user
    • Exhibit 07: Executive Summary – Chart on Incremental Growth
    • Exhibit 08: Executive Summary – Data Table on Incremental Growth
    • Exhibit 09: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

  • 2.1 Market ecosystem
    • Exhibit 10: Parent market
    • Exhibit 11: Market Characteristics

3 Market Sizing

  • 3.1 Market definition
    • Exhibit 12: Offerings of vendors included in the market definition
  • 3.2 Market segment analysis
    • Exhibit 13: Market segments
  • 3.3 Market size 2022
    • 3.4 Market outlook: Forecast for 2022-2027
      • Exhibit 14: Chart on Global - Market size and forecast 2022-2027 ($ million)
      • Exhibit 15: Data Table on Global - Market size and forecast 2022-2027 ($ million)
      • Exhibit 16: Chart on Global Market: Year-over-year growth 2022-2027 (%)
      • Exhibit 17: Data Table on Global Market: Year-over-year growth 2022-2027 (%)

    4 Historic Market Size

    • 4.1 Global foundry equipment market 2017 - 2021
      • Exhibit 18: Historic Market Size – Data Table on Global foundry equipment market 2017 - 2021 ($ million)
    • 4.2 Applications Segment Analysis 2017 - 2021
      • Exhibit 19: Historic Market Size – Applications Segment 2017 - 2021 ($ million)
    • 4.3 End-user Segment Analysis 2017 - 2021
      • Exhibit 20: Historic Market Size – End-user Segment 2017 - 2021 ($ million)
    • 4.4 Geography Segment Analysis 2017 - 2021
      • Exhibit 21: Historic Market Size – Geography Segment 2017 - 2021 ($ million)
    • 4.5 Country Segment Analysis 2017 - 2021
      • Exhibit 22: Historic Market Size – Country Segment 2017 - 2021 ($ million)

    5 Five Forces Analysis

    • 5.1 Five forces summary
      • Exhibit 23: Five forces analysis - Comparison between 2022 and 2027
    • 5.2 Bargaining power of buyers
      • Exhibit 24: Chart on Bargaining power of buyers – Impact of key factors 2022 and 2027
    • 5.3 Bargaining power of suppliers
      • Exhibit 25: Bargaining power of suppliers – Impact of key factors in 2022 and 2027
    • 5.4 Threat of new entrants
      • Exhibit 26: Threat of new entrants – Impact of key factors in 2022 and 2027
    • 5.5 Threat of substitutes
      • Exhibit 27: Threat of substitutes – Impact of key factors in 2022 and 2027
    • 5.6 Threat of rivalry
      • Exhibit 28: Threat of rivalry – Impact of key factors in 2022 and 2027
    • 5.7 Market condition
      • Exhibit 29: Chart on Market condition - Five forces 2022 and 2027

    6 Market Segmentation by Application

    • 6.1 Market segments
      • Exhibit 30: Chart on Application - Market share 2022-2027 (%)
      • Exhibit 31: Data Table on Application - Market share 2022-2027 (%)
    • 6.2 Comparison by Application
      • Exhibit 32: Chart on Comparison by Application
      • Exhibit 33: Data Table on Comparison by Application
    • 6.3 Metal casting - Market size and forecast 2022-2027
      • Exhibit 34: Chart on Metal casting - Market size and forecast 2022-2027 ($ million)
      • Exhibit 35: Data Table on Metal casting - Market size and forecast 2022-2027 ($ million)
      • Exhibit 36: Chart on Metal casting - Year-over-year growth 2022-2027 (%)
      • Exhibit 37: Data Table on Metal casting - Year-over-year growth 2022-2027 (%)
    • 6.4 Metal heat treatment - Market size and forecast 2022-2027
      • Exhibit 38: Chart on Metal heat treatment - Market size and forecast 2022-2027 ($ million)
      • Exhibit 39: Data Table on Metal heat treatment - Market size and forecast 2022-2027 ($ million)
      • Exhibit 40: Chart on Metal heat treatment - Year-over-year growth 2022-2027 (%)
      • Exhibit 41: Data Table on Metal heat treatment - Year-over-year growth 2022-2027 (%)
    • 6.5 Market opportunity by Application
      • Exhibit 42: Market opportunity by Application ($ million)

    7 Market Segmentation by End-user

    • 7.1 Market segments
      • Exhibit 43: Chart on End-user - Market share 2022-2027 (%)
      • Exhibit 44: Data Table on End-user - Market share 2022-2027 (%)
    • 7.2 Comparison by End-user
      • Exhibit 45: Chart on Comparison by End-user
      • Exhibit 46: Data Table on Comparison by End-user
    • 7.3 Automotive - Market size and forecast 2022-2027
      • Exhibit 47: Chart on Automotive - Market size and forecast 2022-2027 ($ million)
      • Exhibit 48: Data Table on Automotive - Market size and forecast 2022-2027 ($ million)
      • Exhibit 49: Chart on Automotive - Year-over-year growth 2022-2027 (%)
      • Exhibit 50: Data Table on Automotive - Year-over-year growth 2022-2027 (%)
    • 7.4 Aerospace - Market size and forecast 2022-2027
      • Exhibit 51: Chart on Aerospace - Market size and forecast 2022-2027 ($ million)
      • Exhibit 52: Data Table on Aerospace - Market size and forecast 2022-2027 ($ million)
      • Exhibit 53: Chart on Aerospace - Year-over-year growth 2022-2027 (%)
      • Exhibit 54: Data Table on Aerospace - Year-over-year growth 2022-2027 (%)
    • 7.5 Machinery - Market size and forecast 2022-2027
      • Exhibit 55: Chart on Machinery - Market size and forecast 2022-2027 ($ million)
      • Exhibit 56: Data Table on Machinery - Market size and forecast 2022-2027 ($ million)
      • Exhibit 57: Chart on Machinery - Year-over-year growth 2022-2027 (%)
      • Exhibit 58: Data Table on Machinery - Year-over-year growth 2022-2027 (%)
    • 7.6 Others - Market size and forecast 2022-2027
      • Exhibit 59: Chart on Others - Market size and forecast 2022-2027 ($ million)
      • Exhibit 60: Data Table on Others - Market size and forecast 2022-2027 ($ million)
      • Exhibit 61: Chart on Others - Year-over-year growth 2022-2027 (%)
      • Exhibit 62: Data Table on Others - Year-over-year growth 2022-2027 (%)
    • 7.7 Market opportunity by End-user
      • Exhibit 63: Market opportunity by End-user ($ million)

    8 Customer Landscape

    • 8.1 Customer landscape overview
      • Exhibit 64: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

    9 Geographic Landscape

    • 9.1 Geographic segmentation
      • Exhibit 65: Chart on Market share by geography 2022-2027 (%)
      • Exhibit 66: Data Table on Market share by geography 2022-2027 (%)
    • 9.2 Geographic comparison
      • Exhibit 67: Chart on Geographic comparison
      • Exhibit 68: Data Table on Geographic comparison
    • 9.3 APAC - Market size and forecast 2022-2027
      • Exhibit 69: Chart on APAC - Market size and forecast 2022-2027 ($ million)
      • Exhibit 70: Data Table on APAC - Market size and forecast 2022-2027 ($ million)
      • Exhibit 71: Chart on APAC - Year-over-year growth 2022-2027 (%)
      • Exhibit 72: Data Table on APAC - Year-over-year growth 2022-2027 (%)
    • 9.4 North America - Market size and forecast 2022-2027
      • Exhibit 73: Chart on North America - Market size and forecast 2022-2027 ($ million)
      • Exhibit 74: Data Table on North America - Market size and forecast 2022-2027 ($ million)
      • Exhibit 75: Chart on North America - Year-over-year growth 2022-2027 (%)
      • Exhibit 76: Data Table on North America - Year-over-year growth 2022-2027 (%)
    • 9.5 Europe - Market size and forecast 2022-2027
      • Exhibit 77: Chart on Europe - Market size and forecast 2022-2027 ($ million)
      • Exhibit 78: Data Table on Europe - Market size and forecast 2022-2027 ($ million)
      • Exhibit 79: Chart on Europe - Year-over-year growth 2022-2027 (%)
      • Exhibit 80: Data Table on Europe - Year-over-year growth 2022-2027 (%)
    • 9.6 South America - Market size and forecast 2022-2027
      • Exhibit 81: Chart on South America - Market size and forecast 2022-2027 ($ million)
      • Exhibit 82: Data Table on South America - Market size and forecast 2022-2027 ($ million)
      • Exhibit 83: Chart on South America - Year-over-year growth 2022-2027 (%)
      • Exhibit 84: Data Table on South America - Year-over-year growth 2022-2027 (%)
    • 9.7 Middle East and Africa - Market size and forecast 2022-2027
      • Exhibit 85: Chart on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
      • Exhibit 86: Data Table on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
      • Exhibit 87: Chart on Middle East and Africa - Year-over-year growth 2022-2027 (%)
      • Exhibit 88: Data Table on Middle East and Africa - Year-over-year growth 2022-2027 (%)
    • 9.8 China - Market size and forecast 2022-2027
      • Exhibit 89: Chart on China - Market size and forecast 2022-2027 ($ million)
      • Exhibit 90: Data Table on China - Market size and forecast 2022-2027 ($ million)
      • Exhibit 91: Chart on China - Year-over-year growth 2022-2027 (%)
      • Exhibit 92: Data Table on China - Year-over-year growth 2022-2027 (%)
    • 9.9 US - Market size and forecast 2022-2027
      • Exhibit 93: Chart on US - Market size and forecast 2022-2027 ($ million)
      • Exhibit 94: Data Table on US - Market size and forecast 2022-2027 ($ million)
      • Exhibit 95: Chart on US - Year-over-year growth 2022-2027 (%)
      • Exhibit 96: Data Table on US - Year-over-year growth 2022-2027 (%)
    • 9.10 Germany - Market size and forecast 2022-2027
      • Exhibit 97: Chart on Germany - Market size and forecast 2022-2027 ($ million)
      • Exhibit 98: Data Table on Germany - Market size and forecast 2022-2027 ($ million)
      • Exhibit 99: Chart on Germany - Year-over-year growth 2022-2027 (%)
      • Exhibit 100: Data Table on Germany - Year-over-year growth 2022-2027 (%)
    • 9.11 Japan - Market size and forecast 2022-2027
      • Exhibit 101: Chart on Japan - Market size and forecast 2022-2027 ($ million)
      • Exhibit 102: Data Table on Japan - Market size and forecast 2022-2027 ($ million)
      • Exhibit 103: Chart on Japan - Year-over-year growth 2022-2027 (%)
      • Exhibit 104: Data Table on Japan - Year-over-year growth 2022-2027 (%)
    • 9.12 Italy - Market size and forecast 2022-2027
      • Exhibit 105: Chart on Italy - Market size and forecast 2022-2027 ($ million)
      • Exhibit 106: Data Table on Italy - Market size and forecast 2022-2027 ($ million)
      • Exhibit 107: Chart on Italy - Year-over-year growth 2022-2027 (%)
      • Exhibit 108: Data Table on Italy - Year-over-year growth 2022-2027 (%)
    • 9.13 Market opportunity by geography
      • Exhibit 109: Market opportunity by geography ($ million)

    10 Drivers, Challenges, and Trends

    • 10.1 Market drivers
      • 10.2 Market challenges
        • 10.3 Impact of drivers and challenges
          • Exhibit 110: Impact of drivers and challenges in 2022 and 2027
        • 10.4 Market trends

          11 Vendor Landscape

          • 11.1 Overview
            • 11.2 Vendor landscape
              • Exhibit 111: Overview on Criticality of inputs and Factors of differentiation
            • 11.3 Landscape disruption
              • Exhibit 112: Overview on factors of disruption
            • 11.4 Industry risks
              • Exhibit 113: Impact of key risks on business

            12 Vendor Analysis

            • 12.1 Vendors covered
              • Exhibit 114: Vendors covered
            • 12.2 Market positioning of vendors
              • Exhibit 115: Matrix on vendor position and classification
            • 12.3 Apex Tool Group LLC
              • Exhibit 116: Apex Tool Group LLC - Overview
              • Exhibit 117: Apex Tool Group LLC - Product / Service
              • Exhibit 118: Apex Tool Group LLC - Key offerings
            • 12.4 Artisan Foundry
              • Exhibit 119: Artisan Foundry - Overview
              • Exhibit 120: Artisan Foundry - Product / Service
              • Exhibit 121: Artisan Foundry - Key offerings
            • 12.5 Buhler AG
              • Exhibit 122: Buhler AG - Overview
              • Exhibit 123: Buhler AG - Business segments
              • Exhibit 124: Buhler AG - Key offerings
              • Exhibit 125: Buhler AG - Segment focus
            • 12.6 Crowder Supply Co. LLC
              • Exhibit 126: Crowder Supply Co. LLC - Overview
              • Exhibit 127: Crowder Supply Co. LLC - Product / Service
              • Exhibit 128: Crowder Supply Co. LLC - Key offerings
            • 12.7 Dandong Fuding Engineering Co Ltd.
              • Exhibit 129: Dandong Fuding Engineering Co Ltd. - Overview
              • Exhibit 130: Dandong Fuding Engineering Co Ltd. - Product / Service
              • Exhibit 131: Dandong Fuding Engineering Co Ltd. - Key offerings
            • 12.8 Freeman Co.
              • Exhibit 132: Freeman Co. - Overview
              • Exhibit 133: Freeman Co. - Product / Service
              • Exhibit 134: Freeman Co. - Key offerings
            • 12.9 GIBA
              • Exhibit 135: GIBA - Overview
              • Exhibit 136: GIBA - Product / Service
              • Exhibit 137: GIBA - Key offerings
            • 12.10 Hitachi Ltd.
              • Exhibit 138: Hitachi Ltd. - Overview
              • Exhibit 139: Hitachi Ltd. - Business segments
              • Exhibit 140: Hitachi Ltd. - Key news
              • Exhibit 141: Hitachi Ltd. - Key offerings
              • Exhibit 142: Hitachi Ltd. - Segment focus
            • 12.11 Inductotherm Group
              • Exhibit 143: Inductotherm Group - Overview
              • Exhibit 144: Inductotherm Group - Product / Service
              • Exhibit 145: Inductotherm Group - Key offerings
            • 12.12 Kelsons Engineers and Fabricators
              • Exhibit 146: Kelsons Engineers and Fabricators - Overview
              • Exhibit 147: Kelsons Engineers and Fabricators - Product / Service
              • Exhibit 148: Kelsons Engineers and Fabricators - Key offerings
            • 12.13 KueNKEL WAGNER Germany GmbH
              • Exhibit 149: KueNKEL WAGNER Germany GmbH - Overview
              • Exhibit 150: KueNKEL WAGNER Germany GmbH - Product / Service
              • Exhibit 151: KueNKEL WAGNER Germany GmbH - Key offerings
            • 12.14 Laempe Massner Sinto GmbH
              • Exhibit 152: Laempe Massner Sinto GmbH - Overview
              • Exhibit 153: Laempe Massner Sinto GmbH - Product / Service
              • Exhibit 154: Laempe Massner Sinto GmbH - Key offerings
            • 12.15 Madison Industries
              • Exhibit 155: Madison Industries - Overview
              • Exhibit 156: Madison Industries - Product / Service
              • Exhibit 157: Madison Industries - Key offerings
            • 12.16 McEnglevan Industrial Furnace Co. Inc.
              • Exhibit 158: McEnglevan Industrial Furnace Co. Inc. - Overview
              • Exhibit 159: McEnglevan Industrial Furnace Co. Inc. - Product / Service
              • Exhibit 160: McEnglevan Industrial Furnace Co. Inc. - Key offerings
            • 12.17 Morgan Advanced Materials Plc
              • Exhibit 161: Morgan Advanced Materials Plc - Overview
              • Exhibit 162: Morgan Advanced Materials Plc - Business segments
              • Exhibit 163: Morgan Advanced Materials Plc - Key news
              • Exhibit 164: Morgan Advanced Materials Plc - Key offerings
              • Exhibit 165: Morgan Advanced Materials Plc - Segment focus

            13 Appendix

            • 13.1 Scope of the report
              • 13.2 Inclusions and exclusions checklist
                • Exhibit 166: Inclusions checklist
                • Exhibit 167: Exclusions checklist
              • 13.3 Currency conversion rates for US$
                • Exhibit 168: Currency conversion rates for US$
              • 13.4 Research methodology
                • Exhibit 169: Research methodology
                • Exhibit 170: Validation techniques employed for market sizing
                • Exhibit 171: Information sources
              • 13.5 List of abbreviations
                • Exhibit 172: 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.

                INFORMATION 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

                DATA 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

                REPORT WRITING

                Qualitative

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

                Quantitative

                • Market size and forecast
                • Market segmentation
                • Geographical insights
                • Competitive landscape

                PURCHASE FULL REPORT OF

                foundry equipment market market

                Key Questions Answered

                • What are the key global market and the regional market share?
                • What are the revenue-generating key market segments?
                • What are the key factors driving and challenging this market’s growth?
                • Who are the key market vendors and their growth strategies?
                • What are the latest trends influencing the growth of this market?
                • What are the variables influencing the market growth in the primary regions?
                • What are the factors influencing the growth of the parent market?

                Why should you prefer Technavio's market insights report?

                • Off-the-shelf research reports
                • Reports can be tailored to meet the customer's needs
                • Trusted by more than 100 fortune 500 organizations
                • Information about the market's key drivers, trends, and challenges
                • Parent market analysis
                • Every week, 50,000 people visit our subscription platform
                • Detailed vendors report with competitive landscape
                • Covid-19 impact and recovery analysis
                • Data on revenue-generating market segments
                • Details on the market shares of various regions
                • Five-force market analysis