Asia Pacific Investment Casting Market Size & Outlook
Asia Pacific investment casting market, 2018-2030 (US$M)
Related Markets
Asia Pacific investment casting market highlights
- The Asia Pacific investment casting market generated a revenue of USD 5,930.9 million in 2022.
- The market is expected to grow at a CAGR of 5.8% from 2023 to 2030.
- In terms of segment, mechanical engineering was the largest revenue generating application in 2022.
- Medical is the most lucrative application segment registering the fastest growth during the forecast period.
- Country-wise, India is expected to register the highest CAGR from 2023 to 2030.
Asia Pacific data book summary
| Market revenue in 2022 | USD 5,930.9 million |
| Market revenue in 2030 | USD 9,291.5 million |
| Growth rate | 5.8% (CAGR from 2022 to 2030) |
| Largest segment | Mechanical engineering |
| Fastest growing segment | Medical |
| Historical data covered | 2018 - 2021 |
| Base year for estimation | 2022 |
| Forecast period covered | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Aerospace, Automotive, Oil & Gas, Medical, Mechanical Engineering, Automation, Food & Beverages and Packaging, Energy Technology, Transportation |
| Key market players worldwide | Arconic, Hitachi Ltd, Eltek Ltd, Signet Jewelers Ltd, Berkshire Hathaway Inc Class A |
Other key industry trends
- In terms of revenue, Asia Pacific region accounted for 35.9% of the global investment casting market in 2022.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 9,291.5 million by 2030.
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Investment Casting Market Scope
Investment Casting Market Companies
| Name | Profile | # Employees | HQ | Website |
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Asia Pacific investment casting market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to investment casting market will help companies and investors design strategic landscapes.
Mechanical engineering was the largest segment with a revenue share of 34.14% in 2022. Horizon Databook has segmented the Asia Pacific investment casting market based on aerospace, automotive, oil & gas, medical, mechanical engineering, automation, food & beverages and packaging, energy technology, transportation covering the revenue growth of each sub-segment from 2018 to 2030.
Asia Pacific emerged as a key market for investment casting and accounted for over 35.1% of the total market revenue share in 2019. Investment casting market in the region is primarily driven by the sustainable growth of automotive, aerospace, and industrial machinery manufacturing sectors.
Countries including China, India, Japan, and South Korea are the key product manufacturers in the region and this trend is expected to continue over the forecast period owing to the presence of robust industrial infrastructure in these economies.
Asia Pacific investment casting market is expected to exhibit significant growth in the long term on account of the expectation that automobile production will grow significantly in the region post the COVID-19 crisis. This can be attributed to the presence of key automotive players and large manufacturing base of Original Equipment Manufacturers (OEMs).
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Target buyers of Asia Pacific investment casting market databook
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Our clientele includes a mix of investment casting market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of continent-level data and insights on the Asia Pacific investment casting market , including forecasts for subscribers. This continent databook contains high-level insights into Asia Pacific investment casting market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Asia Pacific investment casting market size, by country, 2018-2030 (US$M)
Asia Pacific Investment Casting Market Outlook Share, 2022 & 2030 (US$M)
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