Abstract
Summary
Foundry equipment refers to all machines used in metal casting process which is a shape convertion or manufacturing process to pour a liquid material into a mold containing a hollow cavity of the desired shape, and then allowed to solidify. The solidified part is also known as a casting, which is ejected or broken out of the mold to complete the process.
LPI (LP Information)' newest research report, the “Foundry Tools Industry Forecast” looks at past sales and reviews total world Foundry Tools sales in 2024, providing a comprehensive analysis by region and market sector of projected Foundry Tools sales for 2025 through 2031. With Foundry Tools sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Foundry Tools industry.
This Insight Report provides a comprehensive analysis of the global Foundry Tools landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Foundry Tools portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Foundry Tools market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Foundry Tools and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Foundry Tools.
The global Foundry Tools market size is projected to grow from US$ 5094.3 million in 2024 to US$ 6584.9 million in 2031; it is expected to grow at a CAGR of 6584.9 from 2025 to 2031.
The world's leading manufacturers of foundry equipment include Inductotherm, Buhler, Norican, L.K Group, Sinto, Toshiba, Wheelabrator, Yizumi and Frech. Geographically, Asia-Pacific occupied 54% of the sales volume market in 2018. It is followed by Europe and North America, which respectively have around 21% and 17% of the global total industry.
This report presents a comprehensive overview, market shares, and growth opportunities of Foundry Tools market by product type, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
Shovels
Trowels
Rammers
Other
Segmentation by application
Automotive
Machinery & Equipment
Aerospace & Defense
Other
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Morgan Advanced Materials
Artisan Foundry Shop
Freeman Manufacturing
MIFCO-McEnglevan Industrial Furnace Company
Crowder Supply
GIBA
Holmatro
Apex Tool Group
U.S. Air Tool
Key Questions Addressed in this Report
What is the 10-year outlook for the global Foundry Tools market?
What factors are driving Foundry Tools market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Foundry Tools market opportunities vary by end market size?
How does Foundry Tools break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?
LPI (LP Information)' newest research report, the “Foundry Tools Industry Forecast” looks at past sales and reviews total world Foundry Tools sales in 2024, providing a comprehensive analysis by region and market sector of projected Foundry Tools sales for 2025 through 2031. With Foundry Tools sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Foundry Tools industry.
This Insight Report provides a comprehensive analysis of the global Foundry Tools landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Foundry Tools portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Foundry Tools market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Foundry Tools and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Foundry Tools.
The global Foundry Tools market size is projected to grow from US$ 5094.3 million in 2024 to US$ 6584.9 million in 2031; it is expected to grow at a CAGR of 6584.9 from 2025 to 2031.
The world's leading manufacturers of foundry equipment include Inductotherm, Buhler, Norican, L.K Group, Sinto, Toshiba, Wheelabrator, Yizumi and Frech. Geographically, Asia-Pacific occupied 54% of the sales volume market in 2018. It is followed by Europe and North America, which respectively have around 21% and 17% of the global total industry.
This report presents a comprehensive overview, market shares, and growth opportunities of Foundry Tools market by product type, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
Shovels
Trowels
Rammers
Other
Segmentation by application
Automotive
Machinery & Equipment
Aerospace & Defense
Other
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Morgan Advanced Materials
Artisan Foundry Shop
Freeman Manufacturing
MIFCO-McEnglevan Industrial Furnace Company
Crowder Supply
GIBA
Holmatro
Apex Tool Group
U.S. Air Tool
Key Questions Addressed in this Report
What is the 10-year outlook for the global Foundry Tools market?
What factors are driving Foundry Tools market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Foundry Tools market opportunities vary by end market size?
How does Foundry Tools break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?
Table of Contents
1 Scope of the Report
1.1 Market Introduction
1.2 Years Considered
1.3 Research Objectives
1.4 Market Research Methodology
1.5 Research Process and Data Source
1.6 Economic Indicators
1.7 Currency Considered
1.8 Market Estimation Caveats
2 Executive Summary
2.1 World Market Overview
2.1.1 Global Foundry Tools Annual Sales 2020-2031
2.1.2 World Current & Future Analysis for Foundry Tools by Geographic Region, 2020, 2024 & 2031
2.1.3 World Current & Future Analysis for Foundry Tools by Country/Region, 2020, 2024 & 2031
2.2 Foundry Tools Segment by Type
2.2.1 Shovels
2.2.2 Trowels
2.2.3 Rammers
2.2.4 Other
2.3 Foundry Tools Sales by Type
2.3.1 Global Foundry Tools Sales Market Share by Type (2020-2025)
2.3.2 Global Foundry Tools Revenue and Market Share by Type (2020-2025)
2.3.3 Global Foundry Tools Sale Price by Type (2020-2025)
2.4 Foundry Tools Segment by Application
2.4.1 Automotive
2.4.2 Machinery & Equipment
2.4.3 Aerospace & Defense
2.4.4 Other
2.5 Foundry Tools Sales by Application
2.5.1 Global Foundry Tools Sale Market Share by Application (2020-2025)
2.5.2 Global Foundry Tools Revenue and Market Share by Application (2020-2025)
2.5.3 Global Foundry Tools Sale Price by Application (2020-2025)
3 Global Foundry Tools by Company
3.1 Global Foundry Tools Breakdown Data by Company
3.1.1 Global Foundry Tools Annual Sales by Company (2020-2025)
3.1.2 Global Foundry Tools Sales Market Share by Company (2020-2025)
3.2 Global Foundry Tools Annual Revenue by Company (2020-2025)
3.2.1 Global Foundry Tools Revenue by Company (2020-2025)
3.2.2 Global Foundry Tools Revenue Market Share by Company (2020-2025)
3.3 Global Foundry Tools Sale Price by Company
3.4 Key Manufacturers Foundry Tools Producing Area Distribution, Sales Area, Product Type
3.4.1 Key Manufacturers Foundry Tools Product Location Distribution
3.4.2 Players Foundry Tools Products Offered
3.5 Market Concentration Rate Analysis
3.5.1 Competition Landscape Analysis
3.5.2 Concentration Ratio (CR3, CR5 and CR10) & (2020-2025)
3.6 New Products and Potential Entrants
3.7 Mergers & Acquisitions, Expansion
4 World Historic Review for Foundry Tools by Geographic Region
4.1 World Historic Foundry Tools Market Size by Geographic Region (2020-2025)
4.1.1 Global Foundry Tools Annual Sales by Geographic Region (2020-2025)
4.1.2 Global Foundry Tools Annual Revenue by Geographic Region (2020-2025)
4.2 World Historic Foundry Tools Market Size by Country/Region (2020-2025)
4.2.1 Global Foundry Tools Annual Sales by Country/Region (2020-2025)
4.2.2 Global Foundry Tools Annual Revenue by Country/Region (2020-2025)
4.3 Americas Foundry Tools Sales Growth
4.4 APAC Foundry Tools Sales Growth
4.5 Europe Foundry Tools Sales Growth
4.6 Middle East & Africa Foundry Tools Sales Growth
5 Americas
5.1 Americas Foundry Tools Sales by Country
5.1.1 Americas Foundry Tools Sales by Country (2020-2025)
5.1.2 Americas Foundry Tools Revenue by Country (2020-2025)
5.2 Americas Foundry Tools Sales by Type
5.3 Americas Foundry Tools Sales by Application
5.4 United States
5.5 Canada
5.6 Mexico
5.7 Brazil
6 APAC
6.1 APAC Foundry Tools Sales by Region
6.1.1 APAC Foundry Tools Sales by Region (2020-2025)
6.1.2 APAC Foundry Tools Revenue by Region (2020-2025)
6.2 APAC Foundry Tools Sales by Type
6.3 APAC Foundry Tools Sales by Application
6.4 China
6.5 Japan
6.6 South Korea
6.7 Southeast Asia
6.8 India
6.9 Australia
6.10 China Taiwan
7 Europe
7.1 Europe Foundry Tools by Country
7.1.1 Europe Foundry Tools Sales by Country (2020-2025)
7.1.2 Europe Foundry Tools Revenue by Country (2020-2025)
7.2 Europe Foundry Tools Sales by Type
7.3 Europe Foundry Tools Sales by Application
7.4 Germany
7.5 France
7.6 UK
7.7 Italy
7.8 Russia
8 Middle East & Africa
8.1 Middle East & Africa Foundry Tools by Country
8.1.1 Middle East & Africa Foundry Tools Sales by Country (2020-2025)
8.1.2 Middle East & Africa Foundry Tools Revenue by Country (2020-2025)
8.2 Middle East & Africa Foundry Tools Sales by Type
8.3 Middle East & Africa Foundry Tools Sales by Application
8.4 Egypt
8.5 South Africa
8.6 Israel
8.7 Turkey
8.8 GCC Countries
9 Market Drivers, Challenges and Trends
9.1 Market Drivers & Growth Opportunities
9.2 Market Challenges & Risks
9.3 Industry Trends
10 Manufacturing Cost Structure Analysis
10.1 Raw Material and Suppliers
10.2 Manufacturing Cost Structure Analysis of Foundry Tools
10.3 Manufacturing Process Analysis of Foundry Tools
10.4 Industry Chain Structure of Foundry Tools
11 Marketing, Distributors and Customer
11.1 Sales Channel
11.1.1 Direct Channels
11.1.2 Indirect Channels
11.2 Foundry Tools Distributors
11.3 Foundry Tools Customer
12 World Forecast Review for Foundry Tools by Geographic Region
12.1 Global Foundry Tools Market Size Forecast by Region
12.1.1 Global Foundry Tools Forecast by Region (2026-2031)
12.1.2 Global Foundry Tools Annual Revenue Forecast by Region (2026-2031)
12.2 Americas Forecast by Country
12.3 APAC Forecast by Region
12.4 Europe Forecast by Country
12.5 Middle East & Africa Forecast by Country
12.6 Global Foundry Tools Forecast by Type
12.7 Global Foundry Tools Forecast by Application
13 Key Players Analysis
13.1 Morgan Advanced Materials
13.1.1 Morgan Advanced Materials Company Information
13.1.2 Morgan Advanced Materials Foundry Tools Product Portfolios and Specifications
13.1.3 Morgan Advanced Materials Foundry Tools Sales, Revenue, Price and Gross Margin (2020-2025)
13.1.4 Morgan Advanced Materials Main Business Overview
13.1.5 Morgan Advanced Materials Latest Developments
13.2 Artisan Foundry Shop
13.2.1 Artisan Foundry Shop Company Information
13.2.2 Artisan Foundry Shop Foundry Tools Product Portfolios and Specifications
13.2.3 Artisan Foundry Shop Foundry Tools Sales, Revenue, Price and Gross Margin (2020-2025)
13.2.4 Artisan Foundry Shop Main Business Overview
13.2.5 Artisan Foundry Shop Latest Developments
13.3 Freeman Manufacturing
13.3.1 Freeman Manufacturing Company Information
13.3.2 Freeman Manufacturing Foundry Tools Product Portfolios and Specifications
13.3.3 Freeman Manufacturing Foundry Tools Sales, Revenue, Price and Gross Margin (2020-2025)
13.3.4 Freeman Manufacturing Main Business Overview
13.3.5 Freeman Manufacturing Latest Developments
13.4 MIFCO-McEnglevan Industrial Furnace Company
13.4.1 MIFCO-McEnglevan Industrial Furnace Company Company Information
13.4.2 MIFCO-McEnglevan Industrial Furnace Company Foundry Tools Product Portfolios and Specifications
13.4.3 MIFCO-McEnglevan Industrial Furnace Company Foundry Tools Sales, Revenue, Price and Gross Margin (2020-2025)
13.4.4 MIFCO-McEnglevan Industrial Furnace Company Main Business Overview
13.4.5 MIFCO-McEnglevan Industrial Furnace Company Latest Developments
13.5 Crowder Supply
13.5.1 Crowder Supply Company Information
13.5.2 Crowder Supply Foundry Tools Product Portfolios and Specifications
13.5.3 Crowder Supply Foundry Tools Sales, Revenue, Price and Gross Margin (2020-2025)
13.5.4 Crowder Supply Main Business Overview
13.5.5 Crowder Supply Latest Developments
13.6 GIBA
13.6.1 GIBA Company Information
13.6.2 GIBA Foundry Tools Product Portfolios and Specifications
13.6.3 GIBA Foundry Tools Sales, Revenue, Price and Gross Margin (2020-2025)
13.6.4 GIBA Main Business Overview
13.6.5 GIBA Latest Developments
13.7 Holmatro
13.7.1 Holmatro Company Information
13.7.2 Holmatro Foundry Tools Product Portfolios and Specifications
13.7.3 Holmatro Foundry Tools Sales, Revenue, Price and Gross Margin (2020-2025)
13.7.4 Holmatro Main Business Overview
13.7.5 Holmatro Latest Developments
13.8 Apex Tool Group
13.8.1 Apex Tool Group Company Information
13.8.2 Apex Tool Group Foundry Tools Product Portfolios and Specifications
13.8.3 Apex Tool Group Foundry Tools Sales, Revenue, Price and Gross Margin (2020-2025)
13.8.4 Apex Tool Group Main Business Overview
13.8.5 Apex Tool Group Latest Developments
13.9 U.S. Air Tool
13.9.1 U.S. Air Tool Company Information
13.9.2 U.S. Air Tool Foundry Tools Product Portfolios and Specifications
13.9.3 U.S. Air Tool Foundry Tools Sales, Revenue, Price and Gross Margin (2020-2025)
13.9.4 U.S. Air Tool Main Business Overview
13.9.5 U.S. Air Tool Latest Developments
14 Research Findings and Conclusion