Ferrous Metal Casting Machinery Market Introduction

  • Ferrous metal casting machinery has a high rate of production capacity. It also helps cast complex components or parts.
  • Ferrous metal casting machinery is utilized to produce ferrous cast parts. These parts are employed in manufacturing and assembly of components or equipment in diverse end-user industries.

Ferrous Metal Casting Machinery Market Dynamics

  • X-ray detection of casting defects helps boost efficiency of production process. This is considered to be a key factor driving the ferrous metal casting machinery market.
  • In the recent years, ferrous metal casting machinery users are increasingly adopting automatic defect recognition (ADR) in x-ray applications. X-ray casting defect recognition aids in improving the production process efficiency.
  • An ADR system is provided with parameters by a quality designer and is modified to acknowledge or dismiss decision in the production process. Furthermore, these system can record results autonomously, with no human intervention.
  • Moreover, the utilization of digital imaging technology in production processes has enhanced the efficiency of the overall casting process. Therefore, this technology helps determine the quality of the final output produced.
  • Simulation technology is increasingly being incorporated in the casting process. This is a key trend fueling the ferrous metal casting machinery market. Simulation technology is utilized to cast high precision, cost-effective, and reliable components.
  • This technology also helps increase the casting yield and reduce the overall processing time. However, simulation is a high-energy consuming technology. Thus, this is expected to hamper the ferrous metal casting machinery market.
  • In several emerging countries, such as India and China, the manufacturing industries experience significant power shortage. Metal casting majorly depends on procured electricity and natural gas for their energy requirement. Thus, power deficit causes a serious threat toward the adoption of this technology and consequently, is estimated to restrain the ferrous metal casting machinery market in the near future.
ferrous metal casting machinery market

To understand how our report can bring difference to your business strategy, Ask for a brochure

Ferrous Metal Casting Machinery Market: Segmentation Analysis

  • Based on type, the ferrous metal casting machinery market can be divided into HPDC (High Pressure Die Casting), LPDC (Low Pressure Die Casting) and GDC (Gravity Die Castings)
  • Based on end-user, the ferrous metal casting machinery market can be segmented into automotive, industrial machinery, off-highway equipment and others
  • The automotive sector is anticipated to be a major end-user segment of ferrous metal casting machinery market, globally.
  • This industrial machinery segment is anticipated to gain market share and thereby, maintain its leading position in the global ferrous metal casting machinery market during the forecast period

North America to Lead Global Ferrous Metal Casting Machinery Market

  • In terms of region, the global ferrous metal casting machinery market can be divided into North America, Europe, Asia Pacific, South America, and Middle East & Africa
  • North America is likely to dominate the global ferrous metal casting machinery market from 2019 to 2027
  • Extensive demand for metal casting machines from varied end-user industries is expected to be major factor driving the demand for ferrous metal casting machinery and thereby, fueling the ferrous metal casting machinery market in the region

Key Manufacturers Operating in Market

The global ferrous metal casting machinery market was moderately fragmented in 2018. Key manufacturers operating in the global market are:

  • Bühler Holding AG
  • Vulcan Engineering Co.
  • TOYO MACHINERY & METAL CO., Ltd.
  • Toshiba Machine Co., Ltd.
  • Norican Group
ferrous metal casting machinery market 1

Stuck in a neck-to-neck competition with other brands? Request a custom report on “Ferrous Metal Casting Machinery Market”

Global Ferrous Metal Casting Machinery Market: Research Scope

Ferrous Metal Casting Machinery Market, by Type

  • HPDC (High Pressure Die Casting)
  • LPDC (Low Pressure Die Casting)
  • GDC (Gravity Die Castings)

Ferrous Metal Casting Machinery Market, by End-user

  • Automotive
  • Industrial Machinery
  • Off-highway Equipment
  • Others

Global Ferrous Metal Casting Machinery Market, by Region

  • North America
    • U.S.
    • Canada
    • Rest of North America
  • Europe
    • Germany
    • U.K.
    • France
    • Italy
    • Spain
    • Russia & CIS
    • Rest of Europe
  • Asia Pacific
    • China
    • India
    • Japan
    • ASEAN
    • Rest of Asia Pacific
  • South America
    • Brazil
    • Mexico
    • Rest of South America
  • Middle East & Africa
    • GCC
    • South Africa
    • Rest of Middle East & Africa
ferrous metal casting machinery market 2

Alternate Keywords:

  • Metal Casting
  • Automatic Defect Recognition (ADR)

The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.

The study is a source of reliable data on:

  • Market segments and sub-segments
  • Market trends and dynamics
  • Supply and demand
  • Market size
  • Current trends/opportunities/challenges
  • Competitive landscape
  • Technological breakthroughs
  • Value chain and stakeholder analysis

The report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases). The report also features a complete qualitative and quantitative assessment by analyzing data gathered from industry analysts and market participants across key points in the industry’s value chain.

A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the report projects the attractiveness of each major segment over the forecast period.

Highlights of the report:

  • A complete backdrop analysis, which includes an assessment of the parent market
  • Important changes in market dynamics
  • Market segmentation up to the second or third level
  • Historical, current, and projected size of the market from the standpoint of both value and volume
  • Reporting and evaluation of recent industry developments
  • Market shares and strategies of key players
  • Emerging niche segments and regional markets
  • An objective assessment of the trajectory of the market
  • Recommendations to companies for strengthening their foothold in the market   

Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.

This study by TMR is all-encompassing framework of the dynamics of the market. It mainly comprises critical assessment of consumers' or customers' journeys, current and emerging avenues, and strategic framework to enable CXOs take effective decisions.

Our key underpinning is the 4-Quadrant Framework EIRS that offers detailed visualization of four elements:

  • Customer Experience Maps
  • Insights and Tools based on data-driven research
  • Actionable Results to meet all the business priorities
  • Strategic Frameworks to boost the growth journey

The study strives to evaluate the current and future growth prospects, untapped avenues, factors shaping their revenue potential, and demand and consumption patterns in the global market by breaking it into region-wise assessment.

The following regional segments are covered comprehensively:

  • North America
  • Asia Pacific
  • Europe
  • Latin America
  • The Middle East and Africa

The EIRS quadrant framework in the report sums up our wide spectrum of data-driven research and advisory for CXOs to help them make better decisions for their businesses and stay as leaders.

Below is a snapshot of these quadrants.

1. Customer Experience Map

The study offers an in-depth assessment of various customers’ journeys pertinent to the market and its segments. It offers various customer impressions about the products and service use. The analysis takes a closer look at their pain points and fears across various customer touchpoints. The consultation and business intelligence solutions will help interested stakeholders, including CXOs, define customer experience maps tailored to their needs. This will help them aim at boosting customer engagement with their brands.

2. Insights and Tools

The various insights in the study are based on elaborate cycles of primary and secondary research the analysts engage with during the course of research. The analysts and expert advisors at TMR adopt industry-wide, quantitative customer insights tools and market projection methodologies to arrive at results, which makes them reliable. The study not just offers estimations and projections, but also an uncluttered evaluation of these figures on the market dynamics. These insights merge data-driven research framework with qualitative consultations for business owners, CXOs, policy makers, and investors. The insights will also help their customers overcome their fears.

3. Actionable Results

The findings presented in this study by TMR are an indispensable guide for meeting all business priorities, including mission-critical ones. The results when implemented have shown tangible benefits to business stakeholders and industry entities to boost their performance. The results are tailored to fit the individual strategic framework. The study also illustrates some of the recent case studies on solving various problems by companies they faced in their consolidation journey.

4. Strategic Frameworks

The study equips businesses and anyone interested in the market to frame broad strategic frameworks. This has become more important than ever, given the current uncertainty due to COVID-19. The study deliberates on consultations to overcome various such past disruptions and foresees new ones to boost the preparedness. The frameworks help businesses plan their strategic alignments for recovery from such disruptive trends. Further, analysts at TMR helps you break down the complex scenario and bring resiliency in uncertain times.

The report sheds light on various aspects and answers pertinent questions on the market. Some of the important ones are:

1. What can be the best investment choices for venturing into new product and service lines?

2. What value propositions should businesses aim at while making new research and development funding?

3. Which regulations will be most helpful for stakeholders to boost their supply chain network?

4. Which regions might see the demand maturing in certain segments in near future?

5. What are the some of the best cost optimization strategies with vendors that some well-entrenched players have gained success with?

6. Which are the key perspectives that the C-suite are leveraging to move businesses to new growth trajectory?

7. Which government regulations might challenge the status of key regional markets?

8. How will the emerging political and economic scenario affect opportunities in key growth areas?

9. What are some of the value-grab opportunities in various segments?

10. What will be the barrier to entry for new players in the market?

Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.

Custom Market Research Services

TMR offers custom market research services that help clients to get information on their business scenario required where syndicated solutions are not enough.

REQUEST CUSTOMIZATION

Ferrous Metal Casting Machinery Market

Pre Book