Market revenue in 2022 | USD 3,799.8 million |
Market revenue in 2030 | USD 5,375.9 million |
Growth rate | 4.4% (CAGR from 2022 to 2030) |
Largest segment | Aerospace |
Fastest growing segment | Automation |
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 |
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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.
Aerospace was the largest segment with a revenue share of 62.19% in 2022. Horizon Databook has segmented the Europe 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.
Investment casting market in Europe is anticipated to witness significant growth owing to the robust industrial infrastructure, which has resulted in the increasing demand for higher industrial gas turbine sales. Furthermore, high penetration of the technology in the aerospace & defense sector is expected to have a positive impact on market growth.
In addition, the rising adoption of cosmetic dentistry and increasing disposable income in Europe are expected to impact market growth positively.
Growing health insurance coverage extension by the Affordable Care Act, geriatric population, and the prevalence of diseases are expected to boost the usage of medical devices, thereby driving the market growth.
Horizon Databook provides a detailed overview of continent-level data and insights on the Europe investment casting market , including forecasts for subscribers. This continent databook contains high-level insights into Europe investment casting market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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