Press release
Foundry Market – Major Technology Giants in Buzz Again | DCM Engineering, Electrosteel Castings, Hinduja Foundries, Nelcast
Foundry Market
Some of the Major Key Players: Ashok Iron Works Pvt. Ltd., Brakes India Pvt. Ltd., DCM Engineering Ltd., Electrosteel Castings Ltd., Hinduja Foundries Ltd., Jayaswal Neco Industries Ltd., Menon and Menon Ltd., Nelcast Ltd., Sanmar Foundries Ltd., Tata Metaliks Ltd.
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If you are involved in the Foundry Market in industry or intend to be, then this study will provide you comprehensive outlook. It’s vital you keep your market knowledge up to date. If you have a different set of players/manufacturers according to geography or needs regional or country segmented reports we can provide customization according to your requirement.
India is the second largest producer of castings, globally. The Indian foundry industry produces various types of metal castings and cast components for application in the power, automotive, defense, railways, machine tools, agro machinery, tractor, earth-moving and mining machinery, electrical machinery, and oil and natural gas industries. The automobile sector is a major consumer of castings produced in the country. Currently, there are around 4,500 foundry units in the small, medium and large-scale sector. Out of these, 1500 units have international quality accreditation.
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Global foundry market insights:
In 2017, global castings production witnessed an increase of ~5.3% from 2016, and reached a value of ~110 Mn tonnes. Based on total output, Russia had the highest growth in 2017, with an increase of ~8.3% in production from 2016. China increased its production by 2 Mn tonnes, reaching a total of 49.4 Mn in 2017. Increasing production of light vehicles worldwide is acting as a key growth driver for the global foundry market. The growth in production of light vehicles is expected to increase demand for new cast metal parts, across the world, and also lead to the replacement of old metal casting products with more energy efficient metal casting solutions.
End-user segment growth insights:
Automotive: The foundry market is linked directly with the development of the overall automotive sector. Growth of the automobile industry is expected to generate huge demand for castings producers. Based on volume, India is currently the fourth largest automobile industry, globally. Rapid growth of the automotive sector has also led to the steady development of other subsidiary industries like the auto component industry, indicating huge demand for castings.
Major companies covered in the report: Ashok Iron Works Pvt. Ltd., Brakes India Pvt. Ltd., DCM Engineering Ltd., Electrosteel Castings Ltd., Hinduja Foundries Ltd., Jayaswal Neco Industries Ltd., Menon and Menon Ltd., Nelcast Ltd., Sanmar Foundries Ltd., Tata Metaliks Ltd.
This study also contains company profiling, product picture and specifications, sales, market share and contact information of various international, regional, and local vendors of Foundry Market in India Market. The market competition is constantly growing higher with the rise in technological innovation and M&A activities in the industry. Moreover, many local and regional vendors are offering specific application products for varied end-users. The new vendor entrants in the market are finding it hard to compete with the international vendors based on quality, reliability, and innovations in technology.
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Some of the key questions answered in this report:
- Detailed Overview of Foundry Market in India market helps deliver clients and businesses making strategies.
- Influential factors that are thriving demand and constraints in the market.
- What is the market concentration? Is it fragmented or highly concentrated?
- What trends, challenges and barriers will impact the development and sizing of Foundry Market in market?
- SWOT Analysis of each key players mentioned along with its company profile with the help of Porter’s five forces tool mechanism to compliment the same.
- What growth momentum or acceleration market carries during the forecast period?
- Which region is going to tap highest market share in future?
- What Application/end-user category or Product Type may see incremental growth prospects?
- What would be the market share of key countries like United States, France, UK, Germany, Italy, Canada, Australia, Japan, China or Brazil etc.?
- What focused approach and constraints are holding the market tight?
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There are 15 Chapters to display the Foundry Market in India market.
Chapter 1, About Executive Summary to describe Definition, Specifications and Classification of Foundry Market in market, Applications, Market Segment by Regions;
Chapter 2, to analyze objective of the study.
Chapter 3, to display Research methodology and techniques.
Chapter 4 and 5 , to show the Overall Market Analysis, segmentation analysis, characteristics;
Chapter 6 and 7, to show the Market size, share and forecast; Five forces analysis (bargaining Power of buyers/suppliers), Threats to new entrants and market condition;
Chapter 8 and 9, to show analysis by regional segmentation, comparison, leading countries and opportunities; Regional Marketing Type Analysis, Supply Chain Analysis
Chapter 10, focus on identifying the key industry influencer’s, overview of decision framework accumulated through Industry experts and strategic decision makers;
Chapter 11 and 12, Market Trend Analysis, Drivers, Challenges by consumer behavior, Marketing Channels and demand & supply.
Chapter 13 and 14, describe about the vendor landscape (classification and Market Positioning)
Chapter 15, deals with Foundry Market in India Market sales channel, distributors, traders, dealers, Research Findings and Conclusion, appendix and data source.
Thanks for reading this article; you can also get individual chapter wise section or region wise report version like North America, Europe or Asia.
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