The Business Research Company published its Foundries Global Market Report 2020 which provides strategists, marketers and senior management with the critical information they need to assess the global Foundries market. The report provides in-depth analysis of the impact of COVID-19 on the market, along with revised market numbers due to the effects of the coronavirus.
The report covers the foundries market’s segments-
1) By Type: Ferrous Metal Foundries, Nonferrous Metal Foundries
2) By Application: Automobile, Pipes & Fittings, Agricultural Machinery, Electrical Equipment, Machine Tools, Others.
Subsegments covered: Iron Foundries, Steel Foundries, Nonferrous Metal Die-Casting Foundries, Aluminum Foundries (except Die-Casting), Other Nonferrous Metal Foundries (except Die-Casting).
View Complete Report: https://www.thebusinessresearchcompany.com/report/foundries-global-market-report-2020-30-covid-19-impact-and-recovery
Foundries Global Market Report 2020 is the most comprehensive report available on this market and will help gain a truly global perspective as it covers 60 geographies. The chapter on the impact of COVID-19 gives valuable insights on supply chain disruptions, logistical challenges, and other economic implications of the virus on the market. The chapter also covers markets which have been positively affected by the pandemic.
The global foundries market is expected to decline from $202 billion in 2019 to $173.3 billion in 2020 at a compound annual growth rate (CAGR) of -14.2%. The decline is mainly due to economic slowdown across countries owing to the COVID-19 outbreak and the measures to contain it. The market is then expected to recover and grow at a CAGR of 6% from 2021 and reach $201.1 billion in 2023.
Computer-Aided Design (CAD) programs are a major trend in the foundry market for enhanced productivity. This technology involves the adaptation of CAD files to guide additive manufacturing programs. This is similar to 3D-printing of bonded sand into optimally designed molds and cores. CAD programs help the companies in this market to optimize casting designs.
Few Points From Table Of Content
1. Executive Summary
2. Report Structure
3. Foundries Market Characteristics
4. Foundries Market Product Analysis
5. Foundries Market Supply Chain
……
21. Key Mergers And Acquisitions In The Foundries Market
22. Market Background: Metal Manufacturing Market
23. Recommendations
24. Appendix
25. Copyright And Disclaimer
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Few Points From List Of Table
Table 1: Historic Market Growth, Value ($ Billion)
Table 2: Forecast Market Growth, Value ($ Billion)
Table 3: Global Foundries Market, 2019, By Region, Value ($ Billion)
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Table 127: Global Foundries Market In 2023- Growth Countries
Table 128: Global Foundries Market In 2023- Growth Segments
Table 129: Global Foundries Market In 2023- Growth Strategies
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