Global Foundry and Forging Robots Market to Reach USD 495.9 Million by 2033, Fostered by Escalating Demand for Premium Quality Products

January 09, 2025 | Heavy Industry

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According to the latest report by IMARC Group, titled "Foundry and Forging Robots Market by Type (Electric Drive Robots, Hydraulic Robots, and Others), Application (Automotive Industry, Metal Foundry Industry, Semiconductor Foundry Industry, and Others), and Region 2025-2033," the global foundry and forging robots market size reached USD 292.1 Million in 2024. Foundry and forging robots are advanced robotic systems designed to automate the manufacturing process in foundry and forging industry. They are equipped with specialized end-effectors, such as tongs and ladles, to handle molten metal safely and efficiently. They can withstand heat, pollution, and noise as they are designed to work in hot and hazardous environments. Additionally, these robots can withstand dust, exposure to chemicals, and high-pressure arrays. They automate entire forging processes and thus increase productivity, availability of products, and efficiency. They are essential in improving the safety, productivity, and efficiency of manufacturing processes in foundries and forging industries. They also help to reduce the need for manual labor, improve product quality, and increase overall profitability. As a result, they are typically used in applications, including pouring, ladling, and delegating, which are labor-intensive tasks that require precision and accuracy.

Global Foundry and Forging Robots Market Trends:

The growing adaptation of the six-sigma during the production process to reduce the production cost, improve efficiency, minimize waste products, timeliness, and accuracy is creating a positive outlook in the global market. Moreover, the increasing demand for quality products at a cheap rate in developing countries is significantly supporting the market across the globe. In line with this, the rising demand for automation as it helps leading manufacturers to increase efficiency and productivity, thus turning to automation technologies, such as robots to automate their production processes, which, in turn, is propelling the market. Additionally, the development of advanced robotics technologies, including machine learning, artificial intelligence, and sensor technology, is making robots more capable and versatile, thereby providing a boost to the demand. Furthermore, the growing demand for metal products, such as automotive parts, aerospace components, and construction materials, is augmenting the need for increased production in foundry and forging facilities. Other factors, such as rapid industrialization, considerable growth in the semiconductor industry, and extensive research and development (R&D) activities, are projected to propel the market further. Looking forward, the market value is projected to reach USD 495.9 Million by 2033, expanding at a growth rate (CAGR) of 5.76% during 2025-2033.

Market Summary:

On the basis of the type insights, the market has been divided into electric drive, hydraulic, and other robots. Currently, electric drive robots represented the largest market segment.
Based on the application insights, the market has been segmented into the automotive, metal foundry, semiconductor foundry, and other industries. Among these, metal foundry exhibits a clear dominance in the market.
On the basis of the regional insights, the market has been categorized into North America (the United States, and Canada), Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, and others), Europe (Germany, France, United Kingdom, Italy, Spain, Russia, and others), Latin America (Brazil, Mexico, and others), and the Middle East and Africa. Presently, North America holds the leading position in the market.
The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market. Some of the key players include ABB Ltd., BGR NEO Limited (BGR Group), Difacto Robotics and Automation Pvt. Ltd., Fanuc America Corporation (FANUC Corporation), irobotics GmbH, Kawasaki Heavy Industries Ltd., Kruger Industrieautomation GmbH, KUKA AG and Yaskawa America Inc. (Yaskawa Electric Corporation).

Report Scope:

Report Features	Details
Base Year of the Analysis	2024
Historical Period	2019-2024
Forecast Period	2025-2033
Units	Million USD
Types Covered	Electric Drive Robots, Hydraulic Robots, Others
Applications Covered	Automotive Industry, Metal Foundry Industry, Semiconductor Foundry Industry, Others
Regions Covered	Asia Pacific, Europe, North America, Latin America, Middle East and Africa
Countries Covered	United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico
Companies Covered	ABB Ltd., BGR NEO Limited (BGR Group), Difacto Robotics and Automation Pvt. Ltd., Fanuc America Corporation (FANUC Corporation), irobotics GmbH, Kawasaki Heavy Industries Ltd., Kruger Industrieautomation GmbH, KUKA AG, Yaskawa America Inc. (Yaskawa Electric Corporation), etc.
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Global Foundry and Forging Robots Market to Reach USD 495.9 Million by 2033, Fostered by Escalating Demand for Premium Quality Products

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