Introduction

Market Valuation and Outlook: The global foundry equipment market is projected to reach approximately USD 8.74 billion in 2024, reflecting steady demand from automotive, aerospace, and industrial manufacturing sectors worldwide.

Growth Forecast: Expected to surpass USD 11.58 billion by 2032, the market is set to expand at a compound annual growth rate (CAGR) of around 3.6% from 2025 to 2032, driven by technological advancements and increased automation in foundry processes.

Key Industry Drivers: Rising investments in advanced manufacturing technologies, growing focus on precision casting, and increasing demand for high-quality metal components are key factors propelling market growth globally.

Gap Analysis – Global Foundry Equipment Market 

• Technology Advancement Gap: Current foundry equipment often lacks integration with Industry 4.0 technologies such as IoT and AI, limiting real-time monitoring and predictive maintenance capabilities compared to emerging smart manufacturing trends.
• Sustainability and Energy Efficiency: There is a significant gap in equipment that meets increasing environmental regulations and energy efficiency standards, creating opportunities for innovation in green foundry technologies.
• Customization and Flexibility: Many existing foundry machines offer limited customization, failing to accommodate the growing demand for diverse metal alloys and complex casting designs, which restricts operational flexibility.
• After-Sales Service and Support: Insufficient global service networks and delayed technical support present challenges for end-users, especially in emerging markets, impacting equipment uptime and customer satisfaction.
• Cost-Effectiveness for SMEs: The high capital investment required for advanced foundry equipment creates a market gap among small and medium-sized enterprises (SMEs) seeking affordable, scalable solutions.
• Automation and Workforce Skill Gap: The slow adoption of automation technologies is compounded by a shortage of skilled operators trained to manage sophisticated foundry equipment, affecting overall productivity.
• Supply Chain and Lead Time Issues: Delays and inefficiencies in sourcing critical components contribute to longer lead times for equipment delivery, limiting market responsiveness to demand fluctuations.
• Integration with Digital Manufacturing Ecosystems: Lack of seamless compatibility between foundry equipment and broader digital manufacturing platforms restricts data-driven process optimization and traceability.

Market Segmentation: Global Foundry Equipment Market

By Equipment Type
• Melting Equipment
• Molding Equipment
• Core Making Equipment
• Pouring Equipment
• Sand Preparation Equipment
• Heat Treatment Equipment
• Finishing Equipment
• Material Handling Equipment

By Material Type
• Ferrous Foundry Equipment
• Non-Ferrous Foundry Equipment

By End-User Industry
• Automotive
• Aerospace
• Construction
• Heavy Machinery
• Electrical & Electronics
• Others

Market Segmentation: By Region – Global Foundry Equipment Market
• North America
• Europe
• Asia-Pacific
• Latin America
• Middle East & Africa

Market Segmentation: By Country (Within Regions)

Asia-Pacific
• China
• India
• Japan
• South Korea
• Australia
• Southeast Asia (Indonesia, Thailand, Vietnam, Malaysia)

Europe
• Germany
• United Kingdom
• France
• Italy
• Russia
• Rest of Europe

North America
• United States
• Canada
• Mexico

Latin America
• Brazil
• Argentina
• Rest of Latin America

Middle East & Africa
• South Africa
• UAE
• Saudi Arabia
• Rest of Middle East & Africa

Key Players – Global Foundry Equipment Market

• FATA S.p.A. (Italy)
• ABP Induction Systems (France)
• Italpresse Gauss S.p.A. (Italy)
• DISA Group A/S (Denmark)
• StrikoWestofen GmbH (Germany)
• Cronite Group (Germany)
• ASK Chemicals (Germany)
• Hangzhou Tianhe Foundry Machinery Co., Ltd. (China)
• JHM Technologies (South Korea)
• Nemak (Mexico)