Foundry Equipment Market Size & Share, By Equipment Type (Molding Machines, Melting Furnaces, Pouring Systems, Automated Guided Vehicles (AGVs)), Foundry Process (Green Sand Casting, Investment Casting, Die Casting, Permanent Mold Casting, Centrifugal Casting), Application (Automotive, Aerospace & Defense, Construction, Energy, Industrial Machinery) - Growth Trends, Regional Insights (U.S., Japan, South Korea, UK, Germany), Competitive Positioning, Global Forecast Report 2025-2034

Marktaussichten:

Foundry Equipment Market size is projected to rise from USD 16.69 billion in 2024 to USD 24 billion by 2034, representing a CAGR above 3.7% for the 2025–2034 forecast period. The industry is estimated to reach USD 17.19 billion in revenue by 2025.

• Base Year Value (2024): USD 16.69 Billion
• CAGR (2025-2034): 3.7%
• Forecast Year Value (2034): USD 24 Billion
• Historical Data Period: 2021-2024
• Largest Region: Asia Pacific
• Forecast Period: 2025-2034

Marktdynamik:

Growth Drivers & Opportunities

The Foundry Equipment Market is experiencing significant growth driven by multiple factors that are reshaping the industry landscape. The increasing demand for lightweight and durable materials in various sectors, particularly in automotive and aerospace, is a primary growth driver. Manufacturers are focusing on enhancing production efficiencies and reducing waste, which has led to advancements in foundry technologies. Innovations such as additive manufacturing and automation are enabling foundries to produce complex geometries and components at a faster rate, thus attracting key investments.

Additionally, the shift towards smart foundries is creating a multitude of opportunities. The integration of IoT and AI into foundry operations is not only improving production monitoring but also enhancing predictive maintenance, leading to reduced downtimes and increased output. The growing trend of customization in manufacturing is also a vital factor, as foundries are now more capable of producing tailored solutions, catering to specific client requirements across industries.

The expansion of emerging markets is another key opportunity in the foundry equipment space. As countries industrialize, there is a heightened need for advanced infrastructure, which drives the demand for foundry products. Investments in renewable energy and sustainability initiatives are prompting foundries to adopt eco-friendly practices and equipment, presenting avenues for growth in green technology solutions.

Report Scope

Report Coverage	Details
Segments Covered	Equipment Type, Foundry Process, Application
Regions Covered	• North America (United States, Canada, Mexico) • Europe (Germany, United Kingdom, France, Italy, Spain, Rest of Europe) • Asia Pacific (China, Japan, South Korea, Singapore, India, Australia, Rest of APAC) • Latin America (Argentina, Brazil, Rest of South America) • Middle East & Africa (GCC, South Africa, Rest of MEA)
Company Profiled	Veeco Instruments, Primus Power, ASML, JSR Micro, Tokyo Electron, Nikon, KLA, Mattson Technology, Showa Denko, Daifuku, Lam Research, SCREEN Semiconductor Solutions, Applied Materials, Fujifilm Electronic Materials, Hitachi HighTech

Industry Restraints:

Despite its growth potential, the Foundry Equipment Market faces several

Report Scope

Report Coverage	Details
Segments Covered	Equipment Type, Foundry Process, Application
Regions Covered	• North America (United States, Canada, Mexico) • Europe (Germany, United Kingdom, France, Italy, Spain, Rest of Europe) • Asia Pacific (China, Japan, South Korea, Singapore, India, Australia, Rest of APAC) • Latin America (Argentina, Brazil, Rest of South America) • Middle East & Africa (GCC, South Africa, Rest of MEA)
Company Profiled	Veeco Instruments, Primus Power, ASML, JSR Micro, Tokyo Electron, Nikon, KLA, Mattson Technology, Showa Denko, Daifuku, Lam Research, SCREEN Semiconductor Solutions, Applied Materials, Fujifilm Electronic Materials, Hitachi HighTech

Industry Restraints: that could impede its progress. One of the most significant challenges is the high initial investment required for establishing and upgrading foundry facilities. The capital-intensive nature of the equipment can deter small and medium-sized enterprises from investing in advanced technologies, limiting their competitiveness in the market.

Furthermore, the fluctuating prices of raw materials pose another obstacle for foundry operators. Unpredictable costs can undermine profit margins, making it difficult for companies to plan their budgets effectively. Additionally, the industry is grappling with a shortage of skilled labor, as the traditional workforce demographic ages and younger generations show less interest in pursuing careers in manufacturing and engineering. This skills gap can hinder productivity and innovation in foundry operations.

Regulatory challenges also present a restraint, as increasing environmental regulations and compliance requirements can lead to higher operational costs and complexities. Foundries are often under pressure to reduce emissions and minimize environmental impact, necessitating investments in cleaner technologies that may not yield immediate returns.

Regionale Prognose:

North America

The North American foundry equipment market is primarily driven by the robust manufacturing sector in the United States and Canada. The U.S. remains the largest market, fueled by advancements in technology and significant investments in steel production and automotive manufacturing. The country's focus on automation and smart foundry practices has also contributed to market growth. Canada, although smaller in comparison, has a growing foundry base, particularly in aluminum processing and green technology initiatives. The emphasis on sustainability and reduced emissions in both countries is expected to propel the adoption of energy-efficient foundry equipment.

Asia Pacific

Asia Pacific stands out as one of the fastest-growing regions in the foundry equipment market, with countries like China and Japan leading the charge. China's extensive industrial base, coupled with its rapid urbanization and increasing demand for automotive components, has created a substantial market for foundry equipment. Japan, known for its precision manufacturing and technological advancements, also plays a critical role in shaping the market with its innovative foundry solutions. South Korea is emerging as an important player as well, driven by its strong electronics and automotive sectors. The focus on sustainable practices in Asia Pacific is expected to enhance the market further, particularly with the integration of smart manufacturing technologies.

Europe

In Europe, Germany, the UK, and France are the principal countries driving the foundry equipment market. Germany, with its highly developed manufacturing ecosystem and strong automotive sector, leads the regional market due to its advanced technological capabilities and emphasis on Research and Development. The UK has been focusing on modernizing its foundry industries, particularly in the aerospace and defense sectors, while France has been reinforcing its manufacturing output across various industries. The European market is increasingly prioritizing sustainability and energy efficiency, compelling manufacturers to innovate and adopt eco-friendly foundry practices, thereby fostering growth in the region.

Segmentierungsanalyse:

In terms of segmentation, the global Foundry Equipment market is analyzed on the basis of Equipment Type, Foundry Process, Application.

Foundry Equipment Market by Equipment Type

The segment of foundry equipment categorized by equipment type is primarily dominated by molding machines, melting furnaces, pouring systems, and automated guided vehicles (AGVs). Among these, molding machines are anticipated to capture the largest market size due to their essential role in shaping and forming metal castings. The increasing demand for precision and quality in cast products is driving innovations in molding technology. Melting furnaces are also expected to see significant growth, spurred by advancements that enhance energy efficiency and output. Pouring systems, integral to the casting process, are evolving with automation, thus promising growth alongside AGVs, which are gaining traction in smart foundries. The trend toward automated manufacturing processes indicates that AGVs may experience the fastest growth as industries aim for improved efficiency and safety.

Foundry Equipment Market by Foundry Process

When examining the foundry processes, the market is segmented into green sand casting, investment casting, die casting, permanent mold casting, and centrifugal casting. Investment casting is projected to exhibit the largest market size due to its ability to produce complex geometries with fine details, particularly in industries like aerospace and defense. Green sand casting maintains a strong presence due to its cost-effectiveness and versatility, making it a popular choice for a wide range of applications. Die casting is expected to grow rapidly as the automotive sector demands lightweight and efficient components, aligning well with industry trends towards electric vehicles. Permanent mold casting and centrifugal casting also have their niches, but the latter's market growth may be slower compared to the aforementioned processes as it is more specialized.

Foundry Equipment Market by Application

In terms of applications, the foundry equipment market is significantly influenced by sectors such as automotive, aerospace and defense, construction, energy, and industrial machinery. The automotive sector is predicted to dominate the market, driven by increasing vehicle production and the drive towards electric vehicles that require advanced cast components. The aerospace and defense application is also expected to see a considerable growth rate due to the need for high-performance materials and components, and the ongoing advancements in aircraft manufacturing technologies. The construction sector presents steady demand, although growth may not be as rapid compared to automotive and aerospace. The energy sector, particularly renewables, is witnessing increased investment, thereby providing new opportunities for foundry equipment. Industrial machinery maintains a consistent demand driven by continuous innovations and improvements within the manufacturing landscape.

Wettbewerbslandschaft:

The competitive landscape in the Foundry Equipment Market is characterized by a mix of established players and emerging companies striving for market share through innovation and technological advancements. Key factors driving competition include product quality, efficiency, and the ability to offer integrated solutions that enhance productivity and reduce costs for customers. Companies are increasingly focusing on automation and digitalization to meet the evolving demands of the foundry industry, which is seeing a shift toward more sustainable practices. Additionally, strong partnerships and collaborations are being formed to leverage complementary strengths and expand market reach. The global foundry equipment market is witnessing significant investments in R&D to develop advanced materials and smart manufacturing processes, further intensifying the competition in this sector.

Top Market Players

1. DISA

2. Hubert Streich GmbH

3. KUKA AG

4. Georg Fischer AG

5. Inductotherm Group

6. Buhler AG

7. Omega Foundry Machinery Ltd.

8. RHI Magnesita

9. Castrol

10. Alcoa Corporation