“Global Foundry Equipment Market – Growth, Trends, and Forecast (2017-2023)”. Effective exploratory techniques such as qualitative and quantitative analysis have been used to discover accurate data.
The Foundry Equipment Market was estimated to be worth USD XXX billion in 2017 and is projected to reach USD XXX billion by the end of 2023, growing at a CAGR of XX% over the forecast period of 2018-2023. The Foundry Equipment industry is highly competitive, due to a large degree of fragmentation in the market. Despite the fragmentation, the market is largely tied by the regulatory requirements for establishment and operation.
Impact of Covid-19 in Foundry Equipment Market
The utility-owned segment is mainly being driven by increasing financial incentives and regulatory supports from the governments globally. The current utility-owned Foundry Equipment are affected primarily by the COVID-19 pandemic. Most of the projects in China, the US, Germany, and South Korea are delayed, and the companies are facing short-term operational issues due to supply chain constraints and lack of site access due to the COVID-19 outbreak. Asia-Pacific is anticipated to get highly affected by the spread of the COVID-19 due to the effect of the pandemic in China, Japan, and India. China is the epic center of this lethal disease. China is a major country in terms of the chemical industry.
The scope of the report is limited to the application of the type, and distribution channel. The regions considered in the scope of the report include – North America, Europe, Asia-Pacific, and Rest of the World. This report presents the worldwide Foundry Equipment market size (value, production and consumption), splits the breakdown (data status 2014–2019 and forecast to 2025), by manufacturers, region, type and application.
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