Press release
Global Foundries Market: Impressive Growth driven by Aerospace and Automotive Industries and Key Players' Influence, 2024-2029
Foundries Market Size
What Is The Projected Market Size Of The Global Foundries Market And Its Growth Rate?
The foundries market:
•Grew from $190.81 billion in 2024 to $201.64 billion in 2025 at a CAGR of 5.7%.
•Is predicted to rise to $238.17 billion in 2029 at a CAGR of 4.2%.
Growth trends can be attributed to a variety of factors including transitions to electric vehicles (EVs), advancements in material science, and an increased demand for lightweight materials.
What Is Driving The Growth In The Foundries Market?
The foundries' market surge is bolstered by stable economic growth in both developed and developing countries worldwide. According to the World Bank, China and India are among the countries experiencing a significant increase in GDP, indicating an upwards trend of investments in end-user markets. As such, these developments predict exponential progress in the foundries market for the forecasted period.
Request A Free Sample Copy:
https://www.thebusinessresearchcompany.com/sample.aspx?id=2080&type=smp
Who Are the Key Players Driving Foundries Market Growth?
•General Foundries Inc.
•Waupaca Foundry Inc.
•Neenah Foundry Company
•Gibbs Die Casting Corporation
•Precision Castparts Corp.
•Hitachi Metals Ltd.
•DONGGUAN ALFA METAL WORKSHOP CO. LTD
•Ryobi Limited
•Grede Foundries Inc.
•Georg Fischer Ltd.
•Alcoa Corporation
•Reliance Foundry Co. Ltd.
•Brukar Inc.
•John Winter & Co Ltd
•Cifunsa Foundry
•MetalTek International
•Bharat Forge Ltd.
•Walbro LLC
•Wescast Industries Inc.
•Nemak S.A.B. de C.V.
•Consolidated Metco Inc.
•Howmet Aerospace Inc.
•Cadillac Casting Inc.
•Harrison Steel Castings Company
•Zollern GmbH & Co. KG
•Brembo S.p.A.
•Eck Industries Inc.
•Hubbardton Forge
What Are The Key Trends In The Foundries Market?
•Implementation of digital twin technology
•Technological advancements in casting processes
•Introduction of advanced casting technologies
•Increasing influence of digitalization and smart foundries
•Growing demand for lightweight materials
What Are The Segments Of The Global Foundries Market?
•By Type: Ferrous Metal Foundries, Nonferrous Metal Foundries
•By Foundry Type: Pure Play Foundry, Integrated Device Manufacturers
•By Application: Automobile, Pipes and Fittings, Agricultural Machinery, Electrical Equipment, Machine Tools, Other Applications
Which Region Leads The Foundries Market?
Asia-Pacific emerged as the largest region in the foundries market in 2024, closely followed by Western Europe. The regions covered in the foundries market report include Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.
Pre-book the Report for Swift Delivery:
https://www.thebusinessresearchcompany.com/report/foundries-global-market-report
What Is Covered In The Foundries Market Global Market Report?
- Market Size Analysis: Analyze the Foundries Market size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the Foundries Market for effective categorization.
- Key Player Focus: Focus on key players to define their market value, share, and competitive landscape.
- Growth Trends Analysis: Examine individual growth trends and prospects in the Market.
- Market Contribution: Evaluate contributions of different segments to the overall Foundries Market growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the Foundries Market.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.
Request Customization for This Report:
https://www.thebusinessresearchcompany.com/customise?id=2080&type=smp
Connect with us on:
LinkedIn: https://in.linkedin.com/company/the-business-research-company,
Twitter: https://twitter.com/tbrc_info,
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ.
Contact Us
Europe: +44 207 1930 708,
Asia: +91 88972 63534,
Americas: +1 315 623 0293 or
Email: mailto:info@tbrc.info
Learn More About The Business Research Company
With over 15,000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Our flagship product, the Global Market Model delivers comprehensive and updated forecasts to support informed decision-making.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Global Foundries Market: Impressive Growth driven by Aerospace and Automotive Industries and Key Players' Influence, 2024-2029 here
News-ID: 3840910 • Views: …
More Releases from The Business Research Company
2025-2034 Inkjet Coder Market Evolution: Disruptions, Innovations, and Untapped …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
What Is the Expected CAGR for the Inkjet Coder Market Through 2025?
Strong growth has been witnessed in recent years in the inkjet coder market. It is projected that this market will expand from $2.11 billion in 2024 to $2.27 billion in 2025, experiencing a compound annual growth rate…
Global Industrial Cooking Fire Protection Systems For Food Manufacturing Market …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
What Will the Industrial Cooking Fire Protection Systems For Food Manufacturing Industry Market Size Be by 2025?
Over the past few years, the market size for industrial cooking fire protection systems used in food manufacturing has seen a consistent growth. It is projected that the market value will grow…
High Speed Engine Market Trends That Will Shape the Next Decade: Insights from I …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
How Large Will the High Speed Engine Market Size By 2025?
The market for high speed engines has seen considerable growth in the last few years. The market which is valued at $24.17 billion in 2024 is predicted to reach $25.58 billion in 2025, experiencing a Compound Annual Growth…
Industrial Sector Growth Fuels Expansion Of Evaporative Cooling Market: The Driv …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
Evaporative Cooling Market Size Growth Forecast: What to Expect by 2025?
The market size for evaporative cooling has seen a robust growth in recent times. The outlook predicts an escalation from $6.41 billion in 2024 to $6.8 billion in 2025, with a compound annual growth rate (CAGR) of 6.0%.…
More Releases for Foundries
Stable Economic Growth Fuels Expansion In The Foundries Market: A Significant Dr …
The Foundries Market Report by The Business Research Company delivers a detailed market assessment, covering size projections from 2025 to 2034. This report explores crucial market trends, major drivers and market segmentation by [key segment categories].
How Big Is the Foundries Market Size Expected to Be by 2034?
Over the past few years, the foundries market has witnessed substantial growth. It is projected to expand from $190.81 billion in 2024 to $201.64…
Pure Play And Idm Foundries Market Size Analysis by Application, Type, and Regio …
USA, New Jersey- According to Market Research Intellect, the global Pure Play And Idm Foundries market in the Internet, Communication and Technology category is projected to witness significant growth from 2025 to 2032. Market dynamics, technological advancements, and evolving consumer demand are expected to drive expansion during this period.
The pure play and IDM (Integrated Device Manufacturer) foundries market is experiencing strong growth, driven by the increasing demand for advanced semiconductor…
Foundries Market Growth And Overview Report 2024-2033
"The Business Research Company recently released a comprehensive report on the Global Foundries Market Size and Trends Analysis with Forecast 2024-2033. This latest market research report offers a wealth of valuable insights and data, including global market size, regional shares, and competitor market share. Additionally, it covers current trends, future opportunities, and essential data for success in the industry.
Ready to Dive into Something Exciting? Get Your Free Exclusive Sample of…
Foundries Market Segments 2024-2033: Size, Share, and Insights
"The Business Research Company has recently revised its global market reports, now incorporating the most current data for 2024 along with projections extending up to 2033.
Foundries Global Market Report 2024 by The Business Research Company offers comprehensive market insights, empowering businesses with a competitive edge. It includes detailed estimates for numerous segments and sub-segments, providing valuable strategic guidance.
The Market Size Is Expected To Reach $229.96 billion In 2028 At A…
Global Foundries Market Size, Share, Growth And Forecast 2023-2032
The Business Research Company's global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032
The Business Research Company's Foundries Global Market Report 2023 identifies stable economic growth as the major driver for the foundries market's growth in the forecast period. Developed economies are also expected to register stable growth during the forecast period. Additionally, emerging markets are expected to continue to…
Global Foundries Market Research Report | Size & Trends 2019-2022
Summary:
The Foundries Market from The Business Research Company, offers a sales Strategies, growth analysis, size, segmentation, geographies, forecast and much more.
Foundries Market Characteristics:
The Foundries market consists of sales of lime and gypsum products by entities (organizations, sole traders and partnerships) manufacturing lime from calcitic limestone or other calcareous materials, such as coral, chalk and shells and manufacturing gypsum products such as wallboard, plaster, plasterboard, molding, ornamental moldings, statuary, and architectural…
