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The foundry equipment market is estimated to grow by USD 5.59 billion, at a CAGR of 3.51% between 2023 and 2028. The growth of the foundry equipment market hinges on several key factors driving industrial advancement. With rising industrial automation globally, there's a heightened demand for efficient foundry equipment to streamline manufacturing processes. Additionally, the growth of the construction industry fuels the need for high-quality casting materials and equipment to support infrastructure development. Furthermore, advances in heat treatment technology enhance the durability and performance of cast products, meeting the stringent requirements of various applications. These factors collectively contribute to the expansion of the foundry equipment market, as manufacturers strive to meet the evolving needs of industries worldwide while improving productivity and product quality.
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1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Application
7 Market Segmentation by End-user
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Opportunity/Restraints
11 Competitive Landscape
12 Competitive Analysis
13 Appendix
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