Investment Casting Trends and Forecast
The future of the global investment casting market looks promising with opportunities in the aerospace & military, general industrial, industrial gas turbine, and automotive markets. The global investment casting market is expected to reach an estimated $22.0 billion by 2030 with a CAGR of 4.8% from 2024 to 2030. The major drivers for this market are increasing emphasis on lightweight and complex component manufacturing and growing demand for reusable material in components manufacturing.Investment Casting by Segment
The study includes a forecast for the global investment casting by type, application, and region.Investment Casting Market by Type [Shipment Analysis by Value from 2018 to 2030]:
- Silica Sol Process
- Sodium Silicate Process
Investment Casting Market by Application [Shipment Analysis by Value from 2018 to 2030]:
- Aerospace & Military
- General Industrial
- Industrial Gas Turbine
- Automotive
- Others
Investment Casting Market by Region [Shipment Analysis by Value from 2018 to 2030]:
- North America
- Europe
- Asia Pacific
- The Rest of the World
List of Investment Casting Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies investment casting companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the investment casting companies profiled in this report include:- Arconic
- Doncasters
- Hitachi Metals
- MetalTek International
- Precision Castparts
- Signicast
- Zollern
- Taizhou Xinyu Precision Manufacture
- AGC ceramics
- Dongying Gia Young Precision Metal
Investment Casting Market Insights
The publisher forecasts that silica sol process is expected to witness the higher growth over the forecast period due to its various features, such as accuracy, smoothness, and ability to withstand corrosion.Within this market, aerospace & military will remain the largest segment due to significant use of investment casting in this sector to yield complex components with high production rates, reliable dimensional accuracy, and flexible design.
North America will remain the largest region over the forecast period due to presence of major manufacturers of defense aircraft and componentry in the region.
Features of the Global Investment Casting Market
- Market Size Estimates: Investment casting market size estimation in terms of value ($B).
- Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
- Segmentation Analysis: Investment casting market size by type, application, and region in terms of value ($B).
- Regional Analysis: Investment casting market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
- Growth Opportunities: Analysis of growth opportunities in different types, applications, and regions for the investment casting market.
- Strategic Analysis: This includes M&A, new product development, and competitive landscape of the investment casting market.
- Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q1. What is the investment casting market size?Answer: The global investment casting market is expected to reach an estimated $22.0 billion by 2030.
Q2. What is the growth forecast for investment casting market?
Answer: The global investment casting market is expected to grow with a CAGR of 4.8% from 2024 to 2030.
Q3. What are the major drivers influencing the growth of the investment casting market?
Answer: The major drivers for this market are increasing emphasis on lightweight and complex component manufacturing and growing demand for reusable material in components manufacturing.
Q4. What are the major segments for investment casting market?
Answer: The future of the investment casting market looks promising with opportunities in the aerospace & military, general industrial, industrial gas turbine, and automotive markets.
Q5. Who are the key investment casting market companies?
Answer: Some of the key investment casting companies are as follows:
- Arconic
- Doncasters
- Hitachi Metals
- MetalTek International
- Precision Castparts
- Signicast
- Zollern
- Taizhou Xinyu Precision Manufacture
- AGC ceramics
- Dongying Gia Young Precision Metal
Answer: The publisher forecasts that silica sol process is expected to witness the higher growth over the forecast period due to its various features, such as accuracy, smoothness, and ability to withstand corrosion.
Q7. In investment casting market, which region is expected to be the largest in next 5 years?
Answer: North America will remain the largest region over the forecast period due to presence of major manufacturers of defense aircraft and componentry in the region.
Q.8 Do we receive customization in this report?
Answer: Yes, the publisher provides 10% customization without any additional cost.
This report answers the following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the investment casting market by type (silica sol process and sodium silicate process), application (aerospace & military, general industrial, industrial gas turbine, automotive, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
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Table of Contents
1. Executive Summary
2. Global Investment Casting Market : Market Dynamics
3. Market Trends and Forecast Analysis from 2018 to 2030
4. Market Trends and Forecast Analysis by Region from 2018 to 2030
5. Competitor Analysis
6. Growth Opportunities and Strategic Analysis
7. Company Profiles of Leading Players
Companies Mentioned
- Arconic
- Doncasters
- Hitachi Metals
- MetalTek International
- Precision Castparts
- Signicast
- Zollern
- Taizhou Xinyu Precision Manufacture
- AGC ceramics
- Dongying Gia Young Precision Metal
Methodology
The analyst has been in the business of market research and management consulting since 2000 and has published over 600 market intelligence reports in various markets/applications and served over 1,000 clients worldwide. Each study is a culmination of four months of full-time effort performed by the analyst team. The analysts used the following sources for the creation and completion of this valuable report:
- In-depth interviews of the major players in the market
- Detailed secondary research from competitors’ financial statements and published data
- Extensive searches of published works, market, and database information pertaining to industry news, company press releases, and customer intentions
- A compilation of the experiences, judgments, and insights of professionals, who have analyzed and tracked the market over the years.
Extensive research and interviews are conducted in the supply chain of the market to estimate market share, market size, trends, drivers, challenges and forecasts.
Thus, the analyst compiles vast amounts of data from numerous sources, validates the integrity of that data, and performs a comprehensive analysis. The analyst then organizes the data, its findings, and insights into a concise report designed to support the strategic decision-making process.
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