India Investment Casting Market Size & Outlook, 2022-2030
India investment casting market, 2018-2030 (US$M)
Related Markets
India investment casting market highlights
- The India investment casting market generated a revenue of USD 634.1 million in 2022 and is expected to reach USD 1,019.4 million by 2030.
- The India market is expected to grow at a CAGR of 6.1% from 2023 to 2030.
- In terms of segment, mechanical engineering was the largest revenue generating application in 2022.
- Energy Technology 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 634.1 million |
| Market revenue in 2030 | USD 1,019.4 million |
| Growth rate | 6.1% (CAGR from 2022 to 2030) |
| Largest segment | Mechanical engineering |
| Fastest growing segment | Energy Technology |
| 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, India accounted for 3.8% 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.
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Investment Casting Market Scope
Investment Casting Market Companies
| Name | Profile | # Employees | HQ | Website |
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India 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 36.79% in 2022. Horizon Databook has segmented the India 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 government of India announced Make in India policy in September 2014, intended at increasing the production output of numerous sectors such as automotive and industrial. In addition, the government of India signed an agreement with China in December 2014, aimed at the establishment of automobile manufacturing areas in Maharashtra and Gujarat.
India’s vast agricultural resources and abundant livestock has created a huge potential for food & beverage processing industry. The industry is expected to witness growth owing to the expanding middle-class population in the country and its increasing purchasing power.
Rising number of nuclear families and expanding retail sector have a significant impact on food processing industry in India, which, in turn, is likely to drive the demand for investment casting in food & beverage processing and packaging applications over the forecast period.
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Our clientele includes a mix of investment casting market companies, investment firms, advisory firms & academic institutions.
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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 country-level data and insights on the India investment casting market , including forecasts for subscribers. This country databook contains high-level insights into India investment casting market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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India investment casting market size, by application, 2018-2030 (US$M)
India Investment Casting Market Outlook Share, 2022 & 2030 (US$M)
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