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The Global Foundry Equipment Market is expected to grow by USD 6.24 billion during 2021-2025, progressing at a CAGR of over 4% during the forecast period
Home / Industry News / The Global Foundry Equipment Market is expected to grow by USD 6.24 billion during 2021-2025, progressing at a CAGR of over 4% during the forecast period
| 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. The analyst 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: • Foundry equipment market sizing • Foundry equipment market forecast • Foundry equipment market industry analysis This 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., KÜNKEL 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. The analyst 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. Read more: The Global Foundry Equipment Market is expected to grow by USD 6.24 billion during 2021-2025, progressing at a CAGR of over 4% during the forecast period |
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