Global Foundry Equipment Market 2025-2029

Foundry Equipment Market 2025-2029

The foundry equipment market is forecasted to grow by USD 5925.9 mn during 2024-2029, accelerating at a CAGR of 3.6% during the forecast period. The 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 market scenario, the latest trends and drivers, and the overall market environment. The market is driven by rising industrial automation globally, rising growth of construction industry, and advancement in heat treatment technology.

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 size data, segment with regional analysis and vendor landscape in addition to an analysis of the key companies. Reports have historic and forecast data.

Technavio's foundry equipment market is segmented as below:

By Application

• Metal casting
• Metal heat treatment

By End-user

• Automotive
• Aerospace
• Machinery
• Others

By Type

• Semi-automated equipment
• Manual equipment
• Fully automated equipment

By Geographical Landscape

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

This study identifies the emergence of simulation-based castings as one of the prime reasons driving the foundry equipment market growth during the next few years. Also, development of all-in-one 3d printing, casting, and forging technique and growing popularity of latest casting technologies will lead to sizable demand in the market.

The report on the foundry equipment market covers the following areas:

• Foundry Equipment Market sizing
• Foundry Equipment Market forecast
• Foundry Equipment Market industry analysis

The 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 Apex Tool Group LLC, Artisan Foundry, Buhler AG, Crowder Supply Co. LLC, Dandong Fuding Engineering Co. Ltd., Freeman 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. 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 publisher 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 primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.