Market Research Report
Global Foundry Equipment Market 2021-2025
|Global Foundry Equipment Market 2021-2025|
Published: May 19, 2021
TechNavio (Infiniti Research Ltd.)
Content info: 120 Pages
Delivery time: 1-2 business days
Technavio has been monitoring the foundry equipment market and it is poised to grow by USD 6.24 billion during 2021-2025, progressing at a CAGR of over 4% during the forecast period. Our report on the foundry equipment market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current global market scenario, latest trends and drivers, and the overall market environment. The market is driven by the rising global industrial automation, growth of the construction industry, and advances in heat treatment technology. In addition, rising global industrial automation is anticipated to boost the growth of the market as well.
The foundry equipment market analysis includes the application segment and geographic landscape.
Technavio's foundry equipment market is segmented as below:
By Geographical Landscape
This study identifies simulation-based castings as one of the prime reasons driving the foundry equipment market growth during the next few years. Also, the increased demand for commercial aircraft and the growing popularity of the latest casting technologies will lead to sizable demand in the market.
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters. Our report on foundry equipment market covers the following areas:
Technavio's robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading foundry equipment market vendors that include Baoding Well Foundry Machinery Co. Ltd., Buhler AG, Hitachi Ltd., KUNKEL WAGNER Germany GmbH, Loramendi S.Coop., MESH Automation Inc., Nabertherm GmbH, Norican Group, Shibaura Machine Co. Ltd., and Sintokogio Ltd. Also, the foundry equipment market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. Technavio's market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.