U.S. Investment Casting Market Size & Outlook, 2022-2030
U.S. investment casting market, 2018-2030 (US$M)
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U.S. investment casting market highlights
- The U.S. investment casting market generated a revenue of USD 4,812.4 million in 2022 and is expected to reach USD 6,982.5 million by 2030.
- The U.S. market is expected to grow at a CAGR of 4.8% 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 4,812.4 million |
| Market revenue in 2030 | USD 6,982.5 million |
| Growth rate | 4.8% (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, U.S. accounted for 29.2% 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 North America, U.S. investment casting market is projected to lead the regional market in terms of revenue in 2030.
- Mexico is the fastest growing regional market in North America and is projected to reach USD 1,231.4 million by 2030.
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Investment Casting Market Scope
Investment Casting Market Companies
| Name | Profile | # Employees | HQ | Website |
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U.S. 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 62.68% in 2022. Horizon Databook has segmented the U.S. 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.
Industrial sector, which accounts for a significant share in the GDP of the U.S., is likely to witness growth on account of the favorable economic conditions, the presence of major market players, strong financial status, increasing investments, dollar evaluation, and rapid industrialization.
Automotive manufacturers in the country produce light vehicles including electric cars and passenger cars. This is expected to augment the demand for investment casting for use in the production of these vehicles. The manufacturers include Ford Motor Company, Honda Motor Company, Thomas Motor Company, Buffalo Electric Vehicle Company, Subaru Corporation, and Volkswagen Group.
The U.S. plays a significant role in the development and application of aerospace and defense technologies and provides a highly supportive business environment for the manufacturers of aircraft parts and related service operators.
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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 U.S. investment casting market , including forecasts for subscribers. This country databook contains high-level insights into U.S. investment casting market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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U.S. investment casting market size, by application, 2018-2030 (US$M)
U.S. Investment Casting Market Outlook Share, 2022 & 2030 (US$M)
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