According to the recent study the invar tooling market is projected to reach an estimated $945.0 million by 2030 from $627.4 million in 2023, at a CAGR of 6.0% 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 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 [email protected]To get access of more than 1000 reports at fraction of cost visit Lucintel'sAnalytics Dashboard.
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Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: [email protected]
Tel. +1-972-636-5056
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