Foundries Global Market Report 2023

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Foundries Global Market Report 2023
Market Size, Trends and Global Forecast 2023-2032
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Foundries Market Segments
The Business Research Company segments its
foundries market report as
By Type
Ferrous Metal Foundries, Nonferrous Metal
Foundries
By Foundary Type
Pure Play Foundry, Integrated Device Manufacturers
By Application
Automobile, Pipes and Fittings, Agricultural
Machinery, Electrical Equipment, Machine Tools,
Other Applications
By Industry
By Industry
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Market Statistics
The global foundries market grew from 174.07
billion in 2022 to 188.51 billion in 2023 at a
compound annual growth rate (CAGR) of 8.3. The
foundries market is expected to grow to 250.01
billion in 2027 at a CAGR of 7.3.
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Key Market Drivers And Trends
Drivers
Automated manufacturing systems are gaining
popularity as they enhance manufacturing
productivity and reduce operating costs.
Region
Asia Pacific was the largest region in foundries
market. The regions covered in the global
foundries market report are Asia-Pacific, Western
Europe, Eastern Europe, North America, South
America, Middle East and Africa.
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Key Market Players

• Major players in the foundries market are
• Pfizer Inc.
• AstraZeneca plc
• Novartis AG
• Gilead Science Inc.
• Eli Lilly Co.
• And more.

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