Report Ocean has recently released a comprehensive research report on the global Investment Casting Market. The report offers a detailed analysis of various market characteristics, such as size, growth, segmentation, regional and country breakdowns, competitive environment, market shares, trends, and strategies. It also provides insights into the impact of the COVID-19 pandemic on the market.
Global Investment Casting Market is valued approximately USD $$ billion in 2019 and is anticipated to grow with a healthy growth rate of more than 4.58 % over the forecast period 2020-2027.
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Investment casting is a process known as lost wax method which help in producing metal parts via an investment mold. Investment casting helps in minimizing energy, machining and material waste. This process is widely used in the various application including gas turbine, aerospace, industrial, automotive industries and others. The investment casting plays a vital role in aerospace and defense industry, as various parts of jets and helicopters are manufactured through investment casting. Components like landing and braking components, hydraulic fluid system components, and flight critical and safety components, require precise dimensions and shapes, which is possible through investment casting. Thus, rapid growth in the aerospace & defense sector as well as rising usage of investment casting in the automotive and transportation industry are the few factors responsible for growth of the market over the forecast period. For instance: according to Statista, the worldwide production of automobile was 62 million vehicles in 2009 and has risen to 92 million motor vehicles were produced in 2019. Similarly, the retail sale of light vehicle in the United States was 10,402.3 thousand in 2009 and has risen to 16,952.9 thousand sales of light vehicle in 2019. However, the high cost related to the casting process is the major factor restraining the growth of global Investment Casting market during the forecast period.
The regional analysis of global Investment Casting market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. North America is the leading/significant region across the world in terms of market share owing to the extensive utilization of the investment casting process for manufacturing high value-added parts, especially in the aerospace and defense sector. Whereas, Asia-Pacific is also anticipated to exhibit highest growth rate / CAGR over the forecast period 2020-2027.
Major market player included in this report are:
Signicast
MetalTek International
Milwaukee Precision Casting, Inc.
Impro Precision Industries Limited
Alcoa Corporation
Zollern GmbH and Co. KG
Precision Castparts Corp (Berkshire Hathaway)
Georg Fischer Ltd.
Dongying Giayoung Precision Metal
Taizhou Xinyu Precision Manufacture Co. Ltd
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The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players.
The detailed segments and sub-segment of the market are explained below:
By Type:
Sodium Silicate Process
Tetraethyl Ortho silicate/ Silica Sol Process
By End-User Type:
Automotive
Aerospace & Military
General Industrial Machinery
Medical
Others
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World
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Here are the key questions addressed in the report:
- What is the potential for growth in the Investment Casting market?
- Which product segment is expected to dominate the market?
- Which regional market is likely to emerge as a frontrunner in the future?
- Which application segment is poised for strong growth?
- What are the potential growth opportunities that may arise in the Investment Casting industry?
- What are the major challenges that the Investment Casting Market may face in the future?
- Who are the leading companies in the Investment Casting Market?
- What are the key trends positively impacting the market’s growth?
- What growth strategies are being considered by the market players to maintain their position in the Investment Casting Market?
Our sample report encompasses the following elements:
- Introduction, Overview, and In-depth Industry Analysis: A comprehensive analysis of the industry, providing an updated report introduction along with an in-depth examination of key aspects.
- Research Report of 200+ Pages: The report consists of more than 200 pages, incorporating the latest research findings and insights.
- Chapter-wise Guidance: We offer chapter-wise guidance upon request, allowing you to navigate the report and delve into specific areas of interest.
- Updated Regional Analysis with Graphical Representation: Our report includes an updated regional analysis, presented in a graphical format to illustrate the size, share, and emerging trends within each region.
- List of Tables and Figures: It features an updated list of tables and figures that support the information presented in the report.
- Top Market Players: The report includes a comprehensive analysis of the leading market players, highlighting their business strategies, sales volume, and revenue analysis.
- Facts and Factors Research Methodology: Our research methodology is based on a rigorous approach, ensuring the accuracy and reliability of the information presented in the report.
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