UK Investment Casting Market Size & Outlook, 2022-2030
UK investment casting market, 2018-2030 (US$M)
Related Markets
UK investment casting market highlights
- The UK investment casting market generated a revenue of USD 1,595.4 million in 2022 and is expected to reach USD 2,240.0 million by 2030.
- The UK market is expected to grow at a CAGR of 4.3% 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 1,595.4 million |
| Market revenue in 2030 | USD 2,240.0 million |
| Growth rate | 4.3% (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, UK accounted for 9.7% 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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UK 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 65.02% in 2022. Horizon Databook has segmented the UK 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 UK accounted for over 50% of the European investment casting revenue share in 2017, according to the European Investment Casters’ Federation. Investment castings are used majorly in aerospace, construction, automotive, defense, and energy industries on account of their ability to increase productivity and reshoring.
The UK is focusing on increasing investments in innovation and has built on its deep-rooted institutional knowledge to ensure that it is home to a highly developed aerospace sector, which aids in attracting domestic and international investors from high-value work.
The increasing number of new entrants in the aircraft manufacturing industry is attracting material manufacturers with high technology, high capabilities, and skilled labor force in aerospace and defense industries, which is expected to drive the demand for investment casting for use in aerospace application 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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Horizon Databook provides a detailed overview of country-level data and insights on the UK investment casting market , including forecasts for subscribers. This country databook contains high-level insights into UK investment casting market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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UK investment casting market size, by application, 2018-2030 (US$M)
UK Investment Casting Market Outlook Share, 2022 & 2030 (US$M)
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