Market revenue in 2022 | USD 308.4 million |
Market revenue in 2030 | USD 438.6 million |
Growth rate | 4.5% (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 |
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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.
Mechanical engineering was the largest segment with a revenue share of 32.85% in 2022. Horizon Databook has segmented the Japan 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.
According to the World Bank, Japan is a highly developed and market-oriented economy and is the thirdlargest nation in the world in terms of nominal GDP. The country has the second most developed economy in the world and is a member of the Group of Seven.
The country is making efforts to diversify its manufacturing sector due to intense competition from the neighboring countries such as China and South Korea. Kansai and Kanto are among the major industrial regions in the country.
There are several other manufacturing clusters spread across the island of Japan. Japan is the largest creditor country in the world and has steadily run an international investment and trade surplus. Thus, robust infrastructure coupled with technical expertise is anticipated to drive the growth of manufacturing sector in the country.
Horizon Databook provides a detailed overview of country-level data and insights on the Japan investment casting market , including forecasts for subscribers. This country databook contains high-level insights into Japan investment casting market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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