Lucintel Forecasts The Global Invar Tooling Market To Reach $945 Million By 2030

By Author: Lucintel LLC
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According to the recent study the global invar tooling market is projected to reach an estimated $945 million by 2030 from $627 million in 2023 at a CAGR of 6% from 2023 to 2030. Growth in this market is primarily driven by increasing penetration of composite materials in the aerospace industry. Emergence of high temperature molding processes like autoclave is expected to further boost the market.
Browse 55 figures/charts and 42 tables in this 100-page report to understand trends, opportunities and forecast in global invar tooling market by application (transportation, marine, wind energy, aerospace, construction and others) and region (North America, Europe, Asia Pacific, and the Rest of the World).
Lucintel forecasts that aerospace will remain the largest end use segment and it is also expected to witness the highest growth over the forecast period.
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North America is expected to remain the largest region over the forecast period due to growth in end use applications and due to a wider acceptance of invar tooling in product manufacturing and mass customization. ...
... APAC is expected to witness the highest growth over the forecast period.
Ascent Tooling Group, Janicki Industries, Kaman Corporation, Aperam Alloys Imphy Alloys, Carpenter Technologies, Loiretech, Waukesha Foundry Inc. are the major supplier in the invar tooling market.
This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or write us at helpdesk@lucintel.com. To get access of more than 1000 reports at fraction of cost visit Lucintel's Analytics Dashboard.
About Lucintel
At Lucintel, we offer solutions for you growth through game changer ideas and robust market & unmet needs analysis. We are based in Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20 years. We are quoted in several publications like the Wall Street Journal, ZACKS, and the Financial Times.
Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: roy.almaguer@lucintel.com
Tel. +1-972-636-5056
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