Russia Investment Casting Market Size & Outlook, 2022-2030
Russia investment casting market, 2018-2030 (US$M)
Related Markets
Russia investment casting market highlights
- The Russia investment casting market generated a revenue of USD 99.1 million in 2022 and is expected to reach USD 118.6 million by 2030.
- The Russia market is expected to grow at a CAGR of 2.3% from 2023 to 2030.
- In terms of segment, aerospace 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 99.1 million |
| Market revenue in 2030 | USD 118.6 million |
| Growth rate | 2.3% (CAGR from 2022 to 2030) |
| Largest segment | Aerospace |
| 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, Russia accounted for 0.6% 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 Europe, UK investment casting market is projected to lead the regional market in terms of revenue in 2030.
- Germany is the fastest growing regional market in Europe and is projected to reach USD 881.7 million by 2030.
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Investment Casting Market Scope
Investment Casting Market Companies
| Name | Profile | # Employees | HQ | Website |
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Russia 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.
Aerospace was the largest segment with a revenue share of 54.69% in 2022. Horizon Databook has segmented the Russia 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 growth in the medical devices sector in Russia is driven mainly by economic growth. The Russian economy has been growing rapidly after the collapse of the Soviet Union and is presently the 11th largest in the world.
The upgrade of the public healthcare system and infrastructure, as well as investments in new facilities, are part of the reform plan, which is expected to drive the demand for medical equipment and devices.
Light commercial vehicle market in Russia is dominated by the presence of Russian manufacturers, including Lada, UAZ, and GAZ, Significant factors influencing the market growth of LCV include the rising number of SMEs, increasing oil prices, and government support in the form of Svoyo Delo (“Open Business”) state programmed.
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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 Russia investment casting market , including forecasts for subscribers. This country databook contains high-level insights into Russia investment casting market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Russia investment casting market size, by application, 2018-2030 (US$M)
Russia Investment Casting Market Outlook Share, 2022 & 2030 (US$M)
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