Investment Casting Market Competitive Landscape and Industry Analysis 2030
Investment Casting Industry Overview The global investment casting market size is expected to reach USD 24.52 billion by 2030, according to a new report by Grand View Research, Inc., expanding at a CAGR of 5.0% over the forecast period. The use of new computer simulation techniques and robotics is projected to boost production rates and contribute to market growth. Investment Casting Market Segmentation Grand View Research has segmented the global investment casting market based on application and region: Based on the Application Insights, the market is segmented into Aerospace & Defense, Automotive, Oil & Gas, Medical, Mechanical Engineering, Automation, Food & Beverages and Packaging Industry, Energy Technology and Transportation. The mechanical engineering industry is one of the primary capital goods suppliers and finds extensive demand. A rapid growth in the production activities is anticipated to complement industry growth, thereby augmenting the dema...