Foundry Tools Market to see Huge Growth by 2028

The global foundry tools market is anticipated to grow at a CAGR of 2.5% during the forecast period (2022-2028). Apex Tool Group, BOMAG GmbH, Freeman Manufacturing & Supply Co., GIBA, Hitachi Construction Machinery Co., Ltd., Holmatro B.V., and so on are the key players operating in the global foundry tools market. With the growing demand for foundry tools in the automobile & construction industry & rising penetration of new players the existing players of foundry tools market are adopting different growth strategies such as mergers & acquisitions, production capacity expansion, new product launches, and partnerships among others to remain competitive in the marketplace.

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For instance, in March 2021, Sandvik has acquired Allied Construction Products to expand its Rammer product line beyond breakers and compactors in North America. With this acquisition, the company intends to become a full provider of excellent attachment tools across the region. In May 2018, Wacker Neuson has developed a new 3 metre hydraulic ride-on trowel for construction site workers. The CRT60X (CRT60-74LX) features a heavy-duty hydraulic system that includes a high capacity hydraulic pump and motors, as well as other ancillary components. These updates have been made to address the ever-increasing demands of the flatwork industry.

Market Coverage

•                 The market number available for – 2021-2028

•                 Base year- 2021

•                 Forecast period- 2022-2028

Segment Covered- 

·                  By Type

·                  By Application

Regions Covered-

·                  North America

·                  Europe

·                  Asia-Pacific

·                  Rest of the World

Competitive Landscape- Apex Tool Group, BOMAG GmbH, Freeman Manufacturing & Supply Co., GIBA, Hitachi Construction Machinery Co., Ltd., Holmatro B.V., and so on.

A full Report of Foundry Tools Market is Available at:  https://www.omrglobal.com/industry-reports/foundry-tools-market

Global Foundry Tools Market Report Segment

By Type

·        Trowels

·        Shovels

·        Rammers

·        Others

By Application

·        Automotive

·        Machinery & Equipment

·        Aerospace & Defense

·        Other

Global Foundry Tools Market Report Segment by Region

North America

·        United States

·        Canada

Europe

·        UK

·        Germany

·        Spain

·        France

·        Italy

·        Rest of Europe

Asia-Pacific

·                  India

·                  China

·                  Japan

·                  South Korea

·                  Rest of APAC

Rest of the World

·                  Latin America 

·                  Middle East & Africa

Company Profiles 

·        Ammann Group

·        Apex Tool Group

·        Bartell Global

·        Belmont Metals, Inc.

·        BOMAG GmbH

·        Corbett Industries, Inc.

·        Crowder Supply Co.

·        Doosan Portable Power

·        Freeman Manufacturing & Supply Co.

·        GIBA

·        Hitachi Construction Machinery Co., Ltd.

·        Holmatro B.V.

·        Husqvarna AB

·        J C Bamford Excavators Ltd.

·        McEnglevan Industrial Furnace Company, Inc.

·        Midvale Industries, Inc.

·        Mikasa Sangyo Co.,Ltd.

·        Morgan Advanced Materials plc

·        The Toro Company

·        USA Air Tools

·        Wacker Neuson SE

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1.  We cover more than 15 major industries, further segmented into more than 90 sectors.

2.  More than 120 countries are for analysis.

3.  Over 100+ paid data sources mined for investigation.

4.  Our expert research analysts answer all your questions before and after purchasing your report.

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About Orion Market Research 

Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services.

Media Contact:

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Contact Person: Mr. Anurag Tiwari

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