Moulding lines are standard equipment in modern foundries. The lines produce large numbers of precision moulds with high levels of repeatability, requiring a minimum number of operators.
The central components of a normal moulding line are the moulding machine, the pouring and cooling line and the mould emptying station. The moulds are produced automatically. All lifting, turning and feed movements are integrated into the operating cycle of the line. Manual intervention is reduced to a minimum.
Scope of the Report:
In 2017, Moulding Equipments market managed to increase sales in Asia-Pacific regions, with the revenue 211.43 million USD. In the next six years, the Asia-Pacific revenue of Moulding Equipments will maintain a 8.04% annual growth rate, revenue is expected in 2023 will be 336.2 million USD.
The price of Moulding Equipments is slightly decreased in nearly five years. For being accorded with the corresponding application area, the product price has a large differences.
Despite the presence of competition problems, due to the Chinese recovery trend is clear, investors are still optimistic about this areas, the future will still have more new investment enter the field.
As large demand of Moulding Equipments product, the domestic enterprises should hold the opportunity to improve their technology with domestic advantages, such as low raw material price.
The worldwide market for Moulding Equipment is expected to grow at a CAGR of roughly 6.4% over the next five years, will reach 710 million US$ in 2024, from 490 million US$ in 2019, according to a new GIR (Global Info Research) study.
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