Foundries Market Size, Share, Growth, Outlook And Forecast Report To 2032

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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
Ferrous Metal Foundries, Nonferrous Metal
Foundries
By Type
Pure Play Foundry, Integrated Device Manufacturers
By Foundry
Automobile, Pipes and Fittings, Agricultural
Machinery, Electrical Equipment, Machine Tools,
Other Applications
By Application
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Market Statistics
The global foundries market size grew from
174.07 billion in 2022 to 188.51 billion in
2023 at a compound annual growth rate (CAGR) of
8.3. The market size of foundries 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
The foundries' market growth is aided by stable
economic growth forecasted in many developed and
developing countries.
Trends
Automated manufacturing systems are gaining
popularity as they enhance manufacturing
productivity and reduce operating costs.
Region
The Asia-Pacific was the largest region in the
foundries market share in 2022. Western Europe
was the second-largest region in the foundries
market. The regions covered in the global
foundries market analysis 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
• Ryobi Limited
• Aludyne Inc.
• Kobe Steel Ltd.
• Georg Fischer AG
• Grupo Industrial Saltillo
• And more.

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