Spain Investment Casting Market Size & Outlook, 2022-2030
Spain investment casting market, 2018-2030 (US$M)
Related Markets
Spain investment casting market highlights
- The Spain investment casting market generated a revenue of USD 85.0 million in 2022 and is expected to reach USD 111.9 million by 2030.
- The Spain market is expected to grow at a CAGR of 3.5% from 2023 to 2030.
- In terms of segment, aerospace was the largest revenue generating application in 2022.
- Automation 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 85.0 million |
| Market revenue in 2030 | USD 111.9 million |
| Growth rate | 3.5% (CAGR from 2022 to 2030) |
| Largest segment | Aerospace |
| Fastest growing segment | Automation |
| 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, Spain accounted for 0.5% 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 |
|---|
Spain 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 56% in 2022. Horizon Databook has segmented the Spain 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 Spanish economy is expected to witness moderate growth rate over the forecast period on account of low interest rates and strong employment growth. Reduction in high public debt-to-GDP ratio by the Spanish government coupled with medium-term fiscal consolidation targets is likely to boost the country’s economic growth.
In addition, the growing productivity-enhancing reforms for increasing innovation and competition in the country is anticipated to drive the economic growth in Spain. The economies in the European Union have initiated different policy measures for supporting the digital transformation toward Industry 4.0 in the private economic industry.
Initiatives undertaken by countries in Spain include Industrial Connected 4.0 and Basque Industry 4.0 (TECNALIA), which are expected to boost economic growth over the forecast period. The government of Spain offers a universal healthcare system to its citizens.
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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 Spain investment casting market , including forecasts for subscribers. This country databook contains high-level insights into Spain investment casting market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Spain investment casting market size, by application, 2018-2030 (US$M)
Spain Investment Casting Market Outlook Share, 2022 & 2030 (US$M)
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