Global Ferrous Metal Casting Machinery Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Type;

HPDC (High Pressure Die Casting), LPDC (Low Pressure Die Casting), and GDC (Gravity Die Castings).

By Application;

Automotive, Industrial Machinery, Off-Highway Equipment, and Others.

By Geography;

North America, Europe, Asia Pacific, Middle East and Africa, and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn765190216 Published Date: January, 2025 Updated Date: February, 2025

Introduction

Global Ferrous Metal Casting Machinery Market (USD Million), 2021 - 2031

In the year 2024, the Global Ferrous Metal Casting Machinery Market was valued at USD 2,720.73 million. The size of this market is expected to increase to USD 4,735.86 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 8.2%.

The global ferrous metal casting machinery market is experiencing growth due to the increasing demand for ferrous castings across various industries such as automotive, construction, and heavy machinery. These industries rely heavily on metal casting for manufacturing components like engine blocks, frames, and other structural parts. The rise in industrial automation and technological advancements in casting processes is further propelling the demand for advanced machinery capable of producing high-precision and high-quality ferrous castings. The market is also supported by the growing demand for lightweight and durable metal components, which is boosting the use of ferrous metal casting machinery in producing components that meet stringent performance standards.

Geographically, the Asia-Pacific region holds the largest share in the global ferrous metal casting machinery market. The region is home to several large manufacturing economies, including China, India, and Japan, which contribute significantly to the demand for ferrous metal castings. China, in particular, is a major player in the global casting industry, with its extensive automotive, machinery, and construction sectors requiring large volumes of ferrous castings. The expansion of industrial activities and the growing adoption of advanced casting technologies in the region further enhance the market prospects. Additionally, the rise in demand for electric vehicles and other green technologies is expected to fuel the need for innovative casting solutions.

North America and Europe also represent key markets for ferrous metal casting machinery, driven by the demand from automotive, aerospace, and industrial sectors. In these regions, the focus is on enhancing manufacturing efficiency and reducing production costs, which is encouraging the adoption of automation and advanced machinery in casting processes. Furthermore, the presence of well-established foundries and casting companies in these regions, coupled with ongoing investments in modernization and research, supports the growth of the market. As industries continue to prioritize sustainability and high-quality production, the global ferrous metal casting machinery market is poised for further expansion in both established and emerging markets.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, by Type
    2. Market Snapshot, by Application
    3. Market Snapshot, By Region
  4. Global Ferrous Metal Casting Machinery Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Expansion of Construction and Infrastructure Projects

        2. Technological Advancements in Casting Machinery

        3. Increased Industrial Automation

      2. Restraints
        1. High Initial Capital Investment

        2. Complexity of Machinery and Maintenance Costs

        3. Fluctuations in Raw Material Prices

      3. Opportunities
        1. Technological Innovations and Upgrades

        2. Expansion into Emerging Markets

        3. Growing Demand for Customized Castings

    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Global Ferrous Metal Casting Machinery Market , by Type , 2021 - 2031 (USD Million)
      1. HPDC (High Pressure Die Casting)
      2. LPDC (Low Pressure Die Casting)
      3. GDC (Gravity Die Castings)
    2. Global Ferrous Metal Casting Machinery Market , by Application, 2021 - 2031 (USD Million)
      1. Automotive
      2. Industrial Machinery
      3. Off-Highway Equipment
    3. Global Ferrous Metal Casting Machinery Market , By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Bühler Holding AG
      2. Vulcan Engineering Co
      3. TOYO MACHINERY & METAL CO Ltd
      4. Toshiba Machine Co
      5. Norican Group
  7. Analyst Views
  8. Future Outlook of the Market