Australia Investment Casting Market Size & Outlook
Australia investment casting market, 2018-2030 (US$M)
Related Markets
Australia investment casting market highlights
- The Australia investment casting market generated a revenue of USD 47.5 million in 2022 and is expected to reach USD 67.0 million by 2030.
- The Australia market is expected to grow at a CAGR of 4.4% 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.
Investment casting market data book summary
| Market revenue in 2022 | USD 47.5 million |
| Market revenue in 2030 | USD 67.0 million |
| Growth rate | 4.4% (CAGR from 2022 to 2030) |
| Largest segment | Mechanical engineering |
| Fastest growing segment | Medical |
| Historical data | 2018 - 2021 |
| Base year | 2022 |
| Forecast period | 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, Australia accounted for 0.3% of the global investment casting market in 2022.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China investment casting market is projected to lead the regional market in terms of revenue in 2030.
- India is the fastest growing regional market in Asia Pacific and is projected to reach USD 1,019.4 million by 2030.
No credit card required*
Horizon in a snapshot
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
Investment Casting Market Scope
Investment Casting Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Australia 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 36.84% in 2022. Horizon Databook has segmented the Australia 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.
The Australian economy is dominated by service sector, which contributed to over 61.1% of the country’s GDP in 2017. According to the International Monetary Fund (IMF), the real GDP of Australia witnessed a growth of 2.9% in 2017–18.
Australia’s food sector contributes significantly to economic growth in the country, especially in rural areas. Australia has a significant global presence in meat, dairy, beverages, and cereal markets. The country’s food sector is in the prime position to capitalize on the impending dining boom.
Australia is characterized by a population with high wages, a dispersed local market, and geographical remoteness, which are important factors in determining the global supply chain required for the progression of the major market players situated in the country.
Reasons to subscribe to Australia investment casting market databook:
-
Access to comprehensive data: Horizon Databook provides over 1 million market statistics and 20,000+ reports, offering extensive coverage across various industries and regions.
-
Informed decision making: Subscribers gain insights into market trends, customer preferences, and competitor strategies, empowering informed business decisions.
-
Cost-Effective solution: It's recognized as the world's most cost-effective market research database, offering high ROI through its vast repository of data and reports.
-
Customizable reports: Tailored reports and analytics allow companies to drill down into specific markets, demographics, or product segments, adapting to unique business needs.
-
Strategic advantage: By staying updated with the latest market intelligence, companies can stay ahead of competitors, anticipate industry shifts, and capitalize on emerging opportunities.
Target buyers of Australia investment casting market databook
-
Our clientele includes a mix of investment casting market companies, investment firms, advisory firms & academic institutions.
-
30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
-
Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
-
The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of country-level data and insights on the Australia investment casting market , including forecasts for subscribers. This country databook contains high-level insights into Australia investment casting market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
Australia investment casting market size, by application, 2018-2030 (US$M)
Australia Investment Casting Market Outlook Share, 2022 & 2030 (US$M)
Related regional statistics
Sign up - it's easy, and free!
Sign up and get instant basic access to databook, upgrade
when ready, or enjoy our
free plan indefinitely.
Included in Horizon account
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
