LONDON--(BUSINESS WIRE)--#FoundryMarketinIndia--The foundry market in India is expected to grow by USD 13.08 billion, progressing at a CAGR of 10% during the forecast period.

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The focus on technology upgrades is one of the major factors propelling market growth. However, factors such as the focus on technology upgrades will hamper the market growth.

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Foundry Market In India: End-user Landscape

Based on the End-user landscape, the automotive segment is expected to post significant growth during the forecast period.

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Companies Covered:

• Ashok Leyland Ltd.
• DCM Ltd.
• Electrosteel Castings Ltd.
• Jayaswal Neco Industries Ltd.
• Kirloskar Ferrous Industries Ltd.
• Mahindra CIE Automotive Ltd.
• Nelcast Ltd.
• Sanmar Group
• Tata Metaliks Ltd.
• Tata Motors Ltd.

What our reports offer:

• Market share assessments for the regional and country-level segments
• Strategic recommendations for the new entrants
• Covers market data for 2019, 2020, until 2024
• Market trends (drivers, opportunities, threats, challenges, investment opportunities, and recommendations)
• Strategic recommendations in key business segments based on the market estimations
• Competitive landscaping mapping the key common trends
• Company profiling with detailed strategies, financials, and recent developments
• Supply chain trends mapping the latest technological advancements

Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Technavio�s in-depth research has direct and indirect COVID-19 impacted market research reports.

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Key Topics Covered:

Executive Summary

• Market Overview

Market Landscape

• Market ecosystem
• Value chain analysis

Market Sizing

• Market definition
• Market segment analysis
• Market size 2019
• Market outlook: Forecast for 2019 - 2024

Five Forces Analysis

• Bargaining power of buyers
• Bargaining power of suppliers
• Threat of new entrants
• Threat of substitutes
• Threat of rivalry
• Market condition

Market Segmentation by End-user

• Market segments
• Comparison by End-user placement
• Automotive - Market size and forecast 2019-2024
• Electrical and construction - Market size and forecast 2019-2024
• Industrial machinery - Market size and forecast 2019-2024
• Agriculture - Market size and forecast 2019-2024
• Others - Market size and forecast 2019-2024
• Market opportunity by End-user

Market Segmentation by Casting Type

• Market segments
• Comparison by Casting Type placement
• Gray iron casting - Market size and forecast 2019-2024
• Non-ferrous casting - Market size and forecast 2019-2024
• Ductile iron casting - Market size and forecast 2019-2024
• Steel casting - Market size and forecast 2019-2024
• Malleable casting - Market size and forecast 2019-2024
• Market opportunity by Casting Type

Customer landscape

• Overview

Drivers, Challenges, and Trends

• Market drivers
• Volume driver - Demand led growth
• Volume driver - Supply led growth
• Volume driver - External factors
• Volume driver - Demand shift in adjacent markets
• Price driver - Inflation
• Price driver - Shift from lower to higher-priced units
• Market challenges
• Market trends

Vendor Landscape

• Overview
• Landscape disruption
• Vendor Analysis

Vendors covered

• Market positioning of vendors
• Ashok Leyland Ltd.
• DCM Ltd.
• Electrosteel Castings Ltd.
• Jayaswal Neco Industries Ltd.
• Kirloskar Ferrous Industries Ltd.
• Mahindra CIE Automotive Ltd.
• Nelcast Ltd.
• Sanmar Group
• Tata Metaliks Ltd.
• Tata Motors Ltd.

Appendix

• Scope of the report
• Currency conversion rates for US$
• Research methodology
• List of abbreviations

About Us

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio�s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio�s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

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