Global Foundry Tools Market Expands at 6.5% CAGR on Rising EV Demand

Published: Jan 2026

Foundry tools market was valued at $5,311.5 million in 2025 and is projected to reach $10,397.3 million by 2035, growing at a CAGR of 6.5% during the forecast period (2026-2035). The foundry tools market is expanding due to increasing semiconductor complexity, rising demand for automotive and industrial electronics, and continued investments in advanced manufacturing technologies. As per IEA report, China is expected to maintain its leadership in electric vehicle (EV) sales through 2030, with around 80% market share, supported by competitive pricing and strong market momentum. Europe’s EV adoption is projected to reach close to 60%, while the United States sees a more modest increase to around 20% by 2030. In Southeast Asia, EV adoption is accelerating, with 1 in 4 cars and nearly 1 in 3 two- or three-wheelers expected to be electric by 2030.

Browse the full report description of “Foundry Tools Market Size, Share & Trends Analysis Report by Type (Shovel, Trowel, Rammer, Others), By Application (Automotive, Machinery & Equipment, Aerospace & Defense, Other), Forecast Period (2026-2035)” at https://www.omrglobal.com/industry-reports/foundry-tools-market

So the growth is being fundamentally reshaped by the "Electric Vehicle (EV) Transition," which has shifted the demand from traditional iron-based engine castings to high-precision, lightweight aluminum and magnesium components.

Electric Vehicles Fueling Growth in Foundry Tools Market

The rapid global adoption of electric vehicles (EVs) is emerging as a major catalyst for growth in the foundry tools market, as EVs require significantly higher semiconductor content compared to internal combustion engine vehicles. On average, an EV uses more semiconductors per vehicle, increasing demand for advanced foundry processes and the tools required to manufacture them.

Beyond higher semiconductor content, EVs rely heavily on high-voltage power electronics for battery charging, traction inverters, and energy conversion. These systems increasingly use silicon carbide (SiC) and advanced power nodes, which require specialized foundry tools such as high-temperature furnaces, epitaxial reactors, advanced plasma etching systems, and precision metrology tools.

Also, now automakers are increasingly abandoning traditional multi-part assemblies for Gigacasting (the process of casting large vehicle chassis sections in a single piece) as it solves the issue of extreme weight and slow assembly lines. And this trend is drastically increasing the demand for massive, high-pressure die-casting (HPDC) tools and specialized finishing equipment.             

electric vehicles fueling growth in foundry tools market

Key Development in the Foundry Tool Market

  • In February 2024, Intel launched Intel Foundry, a sustainable systems foundry business tailored for the AI era, and unveiled an expanded process roadmap to strengthen its leadership through the late 2020s.

Market Coverage

  • The market number available for – 2025-2035
  • Base year- 2025
  • Forecast period- 2026-2035
  • Segment Covered-
    •  Type
    • Application
  • Competitive Landscape – DISA Industries A/S, Inductotherm Group, Kurtz Ersa Corp., Küttner GmbH & Co. KG and Omega Sinto Foundry Machinery Ltd.

Key questions addressed by the report.

  • What is the market growth rate?
  • Which segment and region dominate the market in the base year?
  • Which segment and region will project the fastest growth in the market?
  • Who is the leader in the market?
  • How are players addressing challenges to sustain growth?
  • Where is the investment opportunity?

Global Foundry Tools Market Report Segment

By Type

  • Shovels
  • Trowels
  • Rammers
  • Others

By Application

  • Automotive
  • Machinery & Equipment
  • Aerospace & Defense
  • Others

Global Foundry Tools Market Report Segment by Region

North America

  • United States
  • Canada

Europe

  • UK
  • Germany
  • Italy
  • Spain
  • France
  • Russia
  • Rest of Europe

Asia-Pacific

  • China
  • India
  • Japan
  • South Korea
  • Australia and New Zealand
  • ASEAN Economies
  • Rest of Asia-Pacific

Rest of the World

  • Latin America
  • Middle East & Africa

 

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