Press release
Global Foundry Tools Market Size, Share, Impressive Industry Growth Report 2027
The global foundry tools market is anticipated to grow at a CAGR of 2.5% during the forecast period (2021-2027). Apex Tool Group, BOMAG GmbH, Freeman Manufacturing & Supply Co., GIBA, Hitachi Construction Machinery Co., Ltd., Holmatro B.V., and so on are the key players operating in the global foundry tools market. With the growing demand for foundry tools in the automobile & construction industry & rising penetration of new players the existing players of foundry tools market are adopting different growth strategies such as mergers & acquisitions, production capacity expansion, new product launches, and partnerships among others to remain competitive in the marketplace.(Get 15% Discount on Buying this Report)
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For instance, in March 2021, Sandvik has acquired Allied Construction Products to expand its Rammer product line beyond breakers and compactors in North America. With this acquisition, the company intends to become a full provider of excellent attachment tools across the region. In May 2018, Wacker Neuson has developed a new 3 metre hydraulic ride-on trowel for construction site workers. The CRT60X (CRT60-74LX) features a heavy-duty hydraulic system that includes a high capacity hydraulic pump and motors, as well as other ancillary components. These updates have been made to address the ever-increasing demands of the flatwork industry.
A Full Report of Global Foundry Tools Market is Available at: https://www.omrglobal.com/industry-reports/foundry-tools-market
Global Foundry Tools Market Report Segment
By Type
Trowels
Shovels
Rammers
Others
By Application
Automotive
Machinery & Equipment
Aerospace & Defense
Other
Global Foundry Tools Market Report Segment by Region
North America
US
Canada
Europe
Germany
United Kingdom
France
Spain
Italy
Rest of Europe
Asia-Pacific
China
Japan
India
Rest of Asia-Pacific
Rest of the World
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Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services.
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