Foundry Equipment Market Research Report by Type, by Application, by Region – Global Forecast to 2027

The Global Foundry Equipment Market size was estimated at USD 4,291.78 million in 2020 and expected to reach USD 4,443.28 million in 2021, at a CAGR 3.96% to reach USD 5,633.52 million by 2027.

Market Statistics:
The report provides market sizing and forecast across five major currencies – USD, EUR, JPY, GBP, AUD, CAD, and CHF. It helps organization leaders make better decisions when currency exchange data is readily available. In this report, the years 2018 and 2019 are considered historical years, 2020 as the base year, 2021 as the estimated year, and years from 2022 to 2027 are considered the forecast period.

Market Segmentation & Coverage:
This research report categorizes the Foundry Equipment to forecast the revenues and analyze the trends in each of the following sub-markets:

Based on Type, the market was studied across Automation, Cleaning & Finishing, Maintenance, Melting, Pouring & Heat Treatment Equipment, Mold, Core & Sand, and Testing & Inspection.

Based on Application, the market was studied across Aerospace, Automotive, Machinery, Power Generation & Electricity, and Shipbuilding.

Based on Region, the market was studied across Americas, Asia-Pacific, and Europe, Middle East & Africa. The Americas is further studied across Argentina, Brazil, Canada, Mexico, and United States. The United States is further studied across California, Florida, Illinois, New York, Ohio, Pennsylvania, and Texas. The Asia-Pacific is further studied across Australia, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Taiwan, and Thailand. The Europe, Middle East & Africa is further studied across France, Germany, Italy, Netherlands, Qatar, Russia, Saudi Arabia, South Africa, Spain, United Arab Emirates, and United Kingdom.

Cumulative Impact of COVID-19:
COVID-19 is an incomparable global public health emergency that has affected almost every industry, and the long-term effects are projected to impact the industry growth during the forecast period. Our ongoing research amplifies our research framework to ensure the inclusion of underlying COVID-19 issues and potential paths forward. The report delivers insights on COVID-19 considering the changes in consumer behavior and demand, purchasing patterns, re-routing of the supply chain, dynamics of current market forces, and the significant interventions of governments. The updated study provides insights, analysis, estimations, and forecasts, considering the COVID-19 impact on the market.

Competitive Strategic Window:
The Competitive Strategic Window analyses the competitive landscape in terms of markets, applications, and geographies to help the vendor define an alignment or fit between their capabilities and opportunities for future growth prospects. It describes the optimal or favorable fit for the vendors to adopt successive merger and acquisition strategies, geography expansion, research & development, and new product introduction strategies to execute further business expansion and growth during a forecast period.

Read more: Foundry Equipment Market Research Report by Type, by Application, by Region – Global Forecast to 2027