Indonesia Casting Equipment Market (2024-2030) Outlook | Forecast, Companies, Size, Growth, Value, Trends, Industry, Revenue, Share & Analysis

Indonesia Casting Equipment Market Synopsis

The Indonesia casting equipment market size was valued at USD 9.4 million in 2019 and is expected to grow at a CAGR of 4.8% from 2023 to 2029. The increasing demand for consumer electronics, automotive & transportation, construction, medical devices and other related components has been driving the growth of this market over the past few years. Additionally, technological advancements such as squeeze casting technology are expected to boost the market growth in the forecast period till 2027.

Drivers of the Market

The automotive and construction sectors could be major drivers for the casting equipment market as they heavily rely on casting processes for producing metal components.

Challenges of the Market

In the casting equipment market, which serves industries like automotive, aerospace, and manufacturing, technology advancements are driving growth. However, the industry must address challenges related to energy efficiency, waste management, and adherence to stringent quality standards. Developing innovative equipment that reduces energy consumption and enhances the precision of casting processes will be pivotal.

COVID-19 Impact on the Market

The casting equipment market in Indonesia was witnessing growth due to increasing investments in the automotive, aerospace, and manufacturing sectors. Casting equipment is vital for metal casting processes, and its demand was driven by the country`s industrialization efforts. The COVID-19 pandemic impacted the market, leading to project delays and a temporary dip in demand. As economic activities regain momentum, the market is expected to recover, fueled by ongoing industrial projects and the country`s infrastructure development.

Key Players in the Market

The Indonesia casting equipment market has been influenced by the country`s manufacturing and foundry sectors. As industries such as automotive, aerospace, and construction continue to develop, the demand for advanced casting equipment is expected to rise. Key players in this market might include PT Indotherm Equipment Corporation and PT Tembaga Mulia Semanan Tbk.

Key Highlights of the Report:

• Indonesia Casting Equipment Market Outlook
• Market Size of Indonesia Casting Equipment Market, 2023
• Forecast of Indonesia Casting Equipment Market, 2030
• Historical Data and Forecast of Indonesia Casting Equipment Revenues & Volume for the Period 2020-2030
• Indonesia Casting Equipment Market Trend Evolution
• Indonesia Casting Equipment Market Drivers and Challenges
• Indonesia Casting Equipment Price Trends
• Indonesia Casting Equipment Porter's Five Forces
• Indonesia Casting Equipment Industry Life Cycle
• Historical Data and Forecast of Indonesia Casting Equipment Market Revenues & Volume By Casting type for the Period 2020-2030
• Historical Data and Forecast of Indonesia Casting Equipment Market Revenues & Volume By Expendable mold casting for the Period 2020-2030
• Historical Data and Forecast of Indonesia Casting Equipment Market Revenues & Volume By Non Expendable mold casting for the Period 2020-2030
• Historical Data and Forecast of Indonesia Casting Equipment Market Revenues & Volume By End-user for the Period 2020-2030
• Historical Data and Forecast of Indonesia Casting Equipment Market Revenues & Volume By Automotive for the Period 2020-2030
• Historical Data and Forecast of Indonesia Casting Equipment Market Revenues & Volume By Aerospace for the Period 2020-2030
• Historical Data and Forecast of Indonesia Casting Equipment Market Revenues & Volume By Defense for the Period 2020-2030
• Historical Data and Forecast of Indonesia Casting Equipment Market Revenues & Volume By Pump & Valve for the Period 2020-2030
• Historical Data and Forecast of Indonesia Casting Equipment Market Revenues & Volume By Energy & Power generation for the Period 2020-2030
• Historical Data and Forecast of Indonesia Casting Equipment Market Revenues & Volume By Others for the Period 2020-2030
• Historical Data and Forecast of Indonesia Casting Equipment Market Revenues & Volume By Machine Type for the Period 2020-2030
• Historical Data and Forecast of Indonesia Casting Equipment Market Revenues & Volume By Vertical machine for the Period 2020-2030
• Historical Data and Forecast of Indonesia Casting Equipment Market Revenues & Volume By Horizontal machine for the Period 2020-2030
• Historical Data and Forecast of Indonesia Casting Equipment Market Revenues & Volume By Distribution Channel for the Period 2020-2030
• Historical Data and Forecast of Indonesia Casting Equipment Market Revenues & Volume By Online for the Period 2020-2030
• Historical Data and Forecast of Indonesia Casting Equipment Market Revenues & Volume By Offline for the Period 2020-2030
• Indonesia Casting Equipment Import Export Trade Statistics
• Market Opportunity Assessment By Casting type
• Market Opportunity Assessment By End-user
• Market Opportunity Assessment By Machine Type
• Market Opportunity Assessment By Distribution Channel
• Indonesia Casting Equipment Top Companies Market Share
• Indonesia Casting Equipment Competitive Benchmarking By Technical and Operational Parameters
• Indonesia Casting Equipment Company Profiles
• Indonesia Casting Equipment Key Strategic Recommendations

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