Press release
Global Foundry Tools Market, Size, Share, Analysis Report & Forecast to 2026
Global foundry tools market is anticipated to grow at a considerable CAGR of 2.4% during the forecast period (2021-2027). The rapid urbanization across the globe has provoked the demand for infrastructure development across the globe. As per the UN, nearly 54.0% of the population lives in the urban area in 2014, which was estimated to be around 3.86 billion. It is expected to reach 66% by 2050 which will be more than 6 billion people. As per the World Urbanization Prospects by the UN, the largest urban growth will take place in India, China, and Nigeria. Urbanization in emerging economies has been growing significantly since 2014. There were only 28 mega-cities projects in 2014 which is expected to reach 41 by 2030. The growing urbanization across the globe will create demand for casting tools in infrastructure development which in turn will drive the growth of the global foundry tools market.Free Sample Copy @ https://www.omrglobal.com/request-sample/foundry-tools-market
COVID-19 pandemic led negative impact on the growth of the foundry tools market due to negative impact of COVID-19 pandemic on construction industry. Nevertheless, the rising investments in infrastructure & automotive industry development post-COVID-19 in order to stimulate economic growth across the globe are expected to bolster the demand for foundry tools during the forecast period.
A Full Report of Global Foundry Tools Market is Available at:
https://www.omrglobal.com/industry-reports/foundry-tools-market
The global Foundry Tools market is segmented based on type and application. Based on type, the foundry tools market is segmented into trowels, shovels, rammers, and others. Based on the application, the market is segmented into automotive, machinery & equipment, aerospace & defense, other.
Global Foundry Tools Market – Segmentation
By Type
Shovels
Trowels
Rammers
Others
By Application
Automotive
Machinery & Equipment
Aerospace & Defense
Others
Global Foundry Tools Market – Segmentation by Region
North America
United States
Canada
Europe
Germany
United Kingdom
France
Spain
Italy
Rest of Europe
Asia-Pacific
China
Japan
India
Rest of Asia-Pacific
Rest of the World
Company Profiles
Ammann Group
Apex Tool Group
Bartell Global
Belmont Metals, Inc.
BOMAG GmbH
Corbett Industries, Inc.
Crowder Supply Co.
Doosan Portable Power
Freeman Manufacturing & Supply Co.
GIBA
Hitachi Construction Machinery Co., Ltd.
Holmatro B.V.
Husqvarna AB
J C Bamford Excavators Ltd.
McEnglevan Industrial Furnace Company, Inc.
Midvale Industries, Inc.
Mikasa Sangyo Co.,Ltd.
Morgan Advanced Materials plc
The Toro Company
USA Air Tools
Wacker Neuson SE
For More Customized Data, Request for Report Customization @ https://www.omrglobal.com/report-customization/foundry-tools-market
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Contact Person: Mr. Anurag Tiwari
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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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