산업용 주물 시장 : 공정별, 재료별, 용도별 - 세계 예측(2025-2030년)

The Industrial Casting Market was valued at USD 27.80 billion in 2023, expected to reach USD 29.21 billion in 2024, and is projected to grow at a CAGR of 5.15%, to USD 39.54 billion by 2030.

The industrial casting market encompasses the production of metal parts by pouring molten metal into molds where it solidifies. This process is crucial for manufacturing components in numerous industries such as automotive, aerospace, construction, and machinery. Industrial casting is selected for its ability to produce complex geometries at a cost-effective rate with high accuracy. The necessity of casting arises from its efficiency in mass production of components with uniformity and precision, making it indispensable in industries requiring large-scale production. Advances in casting materials and technology, such as 3D printing and composite material integration, are expanding its applications, presenting opportunities for tailoring processes to specific industrial needs. The market is primarily driven by growing demand in the automotive sector for lightweight components that improve fuel efficiency, and the aerospace industry's need for robust, durable parts. Furthermore, the rise in construction activities and infrastructural development globally contribute to the increased demand for industrial casting.

However, the market faces challenges including environmental concerns due to emissions and waste, high energy consumption, and the constant need for skilled labor. Regulatory pressures and the need for sustainable practices are prompting innovations in eco-friendly casting technologies. The latest opportunities manifest in developing smart casting solutions incorporating IoT and AI for predictive maintenance and quality control, which can significantly reduce downtime and cost. Companies should also explore biodegradable and recyclable materials to align with sustainability trends. Moreover, investment in research for automating casting processes could enhance precision and efficiency. Limitations in technological adoption due to high initial costs and resistance to change in traditional practices could hinder growth, but addressing these through strategic partnerships and training programs could mitigate their impact. Innovation areas such as advanced casting techniques, digital simulation for design optimization, and the development of nanomaterials in casting open new avenues for business growth, allowing industries to meet the dynamic demands efficiently. As the market advances, companies must continually adapt to tech trends and seek collaboration for sustained competitiveness.

Market Dynamics: Unveiling Key Market Insights in the Rapidly Evolving Industrial Casting Market

The Industrial Casting Market is undergoing transformative changes driven by a dynamic interplay of supply and demand factors. Understanding these evolving market dynamics prepares business organizations to make informed investment decisions, refine strategic decisions, and seize new opportunities. By gaining a comprehensive view of these trends, business organizations can mitigate various risks across political, geographic, technical, social, and economic domains while also gaining a clearer understanding of consumer behavior and its impact on manufacturing costs and purchasing trends.

• Market Drivers
  • Significant growth in usage of heavy machinery and advanced machine tools in manufacturing sector
  • Investments in automation of industrial plants worldwide
  • Adoption of superalloys to manufacture industrial equipment and machinery
• Market Restraints
  • Fluctuating costs of metals used in industrial casting procedures
• Market Opportunities
  • Government initiatives and investments for Industry 4.0
  • Material and processing advancements in industrial casting
• Market Challenges
  • Incompatibility and performance issues in casted components

Porter's Five Forces: A Strategic Tool for Navigating the Industrial Casting Market

Porter's five forces framework is a critical tool for understanding the competitive landscape of the Industrial Casting Market. It offers business organizations with a clear methodology for evaluating their competitive positioning and exploring strategic opportunities. This framework helps businesses assess the power dynamics within the market and determine the profitability of new ventures. With these insights, business organizations can leverage their strengths, address weaknesses, and avoid potential challenges, ensuring a more resilient market positioning.

PESTLE Analysis: Navigating External Influences in the Industrial Casting Market

External macro-environmental factors play a pivotal role in shaping the performance dynamics of the Industrial Casting Market. Political, Economic, Social, Technological, Legal, and Environmental factors analysis provides the necessary information to navigate these influences. By examining PESTLE factors, businesses can better understand potential risks and opportunities. This analysis enables business organizations to anticipate changes in regulations, consumer preferences, and economic trends, ensuring they are prepared to make proactive, forward-thinking decisions.

Market Share Analysis: Understanding the Competitive Landscape in the Industrial Casting Market

A detailed market share analysis in the Industrial Casting Market provides a comprehensive assessment of vendors' performance. Companies can identify their competitive positioning by comparing key metrics, including revenue, customer base, and growth rates. This analysis highlights market concentration, fragmentation, and trends in consolidation, offering vendors the insights required to make strategic decisions that enhance their position in an increasingly competitive landscape.

FPNV Positioning Matrix: Evaluating Vendors' Performance in the Industrial Casting Market

The Forefront, Pathfinder, Niche, Vital (FPNV) Positioning Matrix is a critical tool for evaluating vendors within the Industrial Casting Market. This matrix enables business organizations to make well-informed decisions that align with their goals by assessing vendors based on their business strategy and product satisfaction. The four quadrants provide a clear and precise segmentation of vendors, helping users identify the right partners and solutions that best fit their strategic objectives.

Strategy Analysis & Recommendation: Charting a Path to Success in the Industrial Casting Market

A strategic analysis of the Industrial Casting Market is essential for businesses looking to strengthen their global market presence. By reviewing key resources, capabilities, and performance indicators, business organizations can identify growth opportunities and work toward improvement. This approach helps businesses navigate challenges in the competitive landscape and ensures they are well-positioned to capitalize on newer opportunities and drive long-term success.

Key Company Profiles

The report delves into recent significant developments in the Industrial Casting Market, highlighting leading vendors and their innovative profiles. These include Aero Metals, Inc., Ahresty Corporation, Aisin Corporation, Alcast Technologies Ltd., Alcoa Corporation, Arconic Corporation, Aristo Cast Inc., Ashland Foundry & Machine Works, Inc., Bradken Limited, Buhler AG, Consolidated Metco, Inc., Dandong Dawang Steel Castings Co.,Ltd, Dean Group International Ltd, Dynacast International, Electrosteel Castings Ltd., Georg Fischer Ltd, Hitachi Metals, Ltd., Kohler Co., Kubota Corporation, Precision Castparts Corp., Reliance Foundry Co. Ltd., Ryobi Limited, ThyssenKrupp AG, Waupaca Foundry Inc., and Weichai Holding Group Co., Ltd.

Market Segmentation & Coverage

This research report categorizes the Industrial Casting Market to forecast the revenues and analyze trends in each of the following sub-markets:

• Based on Process, market is studied across Die Casting, Investment Casting, Permanent Mold Casting, and Sand Casting.
• Based on Materials, market is studied across Alloys, Ferrous Metals, and Non-Ferrous Metals. The Ferrous Metals is further studied across Iron and Steel. The Non-Ferrous Metals is further studied across Aluminum, Copper, and Zinc.
• Based on Application, market is studied across Heavy Equipment, Machine Tools, and Plant Machinery.
• Based on Region, market is studied across Americas, Asia-Pacific, and Europe, Middle East & Africa. The Americas is further studied across Argentina, Brazil, Canada, Mexico, and United States. The United States is further studied across California, Florida, Illinois, New York, Ohio, Pennsylvania, and Texas. The Asia-Pacific is further studied across Australia, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Taiwan, Thailand, and Vietnam. The Europe, Middle East & Africa is further studied across Denmark, Egypt, Finland, France, Germany, Israel, Italy, Netherlands, Nigeria, Norway, Poland, Qatar, Russia, Saudi Arabia, South Africa, Spain, Sweden, Switzerland, Turkey, United Arab Emirates, and United Kingdom.

The report offers a comprehensive analysis of the market, covering key focus areas:

1. Market Penetration: A detailed review of the current market environment, including extensive data from top industry players, evaluating their market reach and overall influence.

2. Market Development: Identifies growth opportunities in emerging markets and assesses expansion potential in established sectors, providing a strategic roadmap for future growth.

3. Market Diversification: Analyzes recent product launches, untapped geographic regions, major industry advancements, and strategic investments reshaping the market.

4. Competitive Assessment & Intelligence: Provides a thorough analysis of the competitive landscape, examining market share, business strategies, product portfolios, certifications, regulatory approvals, patent trends, and technological advancements of key players.

5. Product Development & Innovation: Highlights cutting-edge technologies, R&D activities, and product innovations expected to drive future market growth.

The report also answers critical questions to aid stakeholders in making informed decisions:

1. What is the current market size, and what is the forecasted growth?

2. Which products, segments, and regions offer the best investment opportunities?

3. What are the key technology trends and regulatory influences shaping the market?

4. How do leading vendors rank in terms of market share and competitive positioning?

5. What revenue sources and strategic opportunities drive vendors' market entry or exit strategies?

Table of Contents

1. Preface

• 1.1. Objectives of the Study
• 1.2. Market Segmentation & Coverage
• 1.3. Years Considered for the Study
• 1.4. Currency & Pricing
• 1.5. Language
• 1.6. Stakeholders

2. Research Methodology

• 2.1. Define: Research Objective
• 2.2. Determine: Research Design
• 2.3. Prepare: Research Instrument
• 2.4. Collect: Data Source
• 2.5. Analyze: Data Interpretation
• 2.6. Formulate: Data Verification
• 2.7. Publish: Research Report
• 2.8. Repeat: Report Update

3. Executive Summary

4. Market Overview

5. Market Insights

• 5.1. Market Dynamics
  • 5.1.1. Drivers
    • 5.1.1.1. Significant growth in usage of heavy machinery and advanced machine tools in manufacturing sector
    • 5.1.1.2. Investments in automation of industrial plants worldwide
    • 5.1.1.3. Adoption of superalloys to manufacture industrial equipment and machinery
  • 5.1.2. Restraints
    • 5.1.2.1. Fluctuating costs of metals used in industrial casting procedures
  • 5.1.3. Opportunities
    • 5.1.3.1. Government initiatives and investments for Industry 4.0
    • 5.1.3.2. Material and processing advancements in industrial casting
  • 5.1.4. Challenges
    • 5.1.4.1. Incompatibility and performance issues in casted components
• 5.2. Market Segmentation Analysis
  • 5.2.1. Process: Utilization of permanent mold casting to enhance mechanical properties and smoother surface in manufacturing processes
  • 5.2.2. Application: Extensive adoption of industrial casting in heavy machinery manufacturing to strengthen their functionality and longevity
• 5.3. Porter's Five Forces Analysis
  • 5.3.1. Threat of New Entrants
  • 5.3.2. Threat of Substitutes
  • 5.3.3. Bargaining Power of Customers
  • 5.3.4. Bargaining Power of Suppliers
  • 5.3.5. Industry Rivalry
• 5.4. PESTLE Analysis
  • 5.4.1. Political
  • 5.4.2. Economic
  • 5.4.3. Social
  • 5.4.4. Technological
  • 5.4.5. Legal
  • 5.4.6. Environmental

6. Industrial Casting Market, by Process

• 6.1. Introduction
• 6.2. Die Casting
• 6.3. Investment Casting
• 6.4. Permanent Mold Casting
• 6.5. Sand Casting

7. Industrial Casting Market, by Materials

• 7.1. Introduction
• 7.2. Alloys
• 7.3. Ferrous Metals
  • 7.3.1. Iron
  • 7.3.2. Steel
• 7.4. Non-Ferrous Metals
  • 7.4.1. Aluminum
  • 7.4.2. Copper
  • 7.4.3. Zinc

8. Industrial Casting Market, by Application

• 8.1. Introduction
• 8.2. Heavy Equipment
• 8.3. Machine Tools
• 8.4. Plant Machinery

9. Americas Industrial Casting Market

• 9.1. Introduction
• 9.2. Argentina
• 9.3. Brazil
• 9.4. Canada
• 9.5. Mexico
• 9.6. United States

10. Asia-Pacific Industrial Casting Market

• 10.1. Introduction
• 10.2. Australia
• 10.3. China
• 10.4. India
• 10.5. Indonesia
• 10.6. Japan
• 10.7. Malaysia
• 10.8. Philippines
• 10.9. Singapore
• 10.10. South Korea
• 10.11. Taiwan
• 10.12. Thailand
• 10.13. Vietnam

11. Europe, Middle East & Africa Industrial Casting Market

• 11.1. Introduction
• 11.2. Denmark
• 11.3. Egypt
• 11.4. Finland
• 11.5. France
• 11.6. Germany
• 11.7. Israel
• 11.8. Italy
• 11.9. Netherlands
• 11.10. Nigeria
• 11.11. Norway
• 11.12. Poland
• 11.13. Qatar
• 11.14. Russia
• 11.15. Saudi Arabia
• 11.16. South Africa
• 11.17. Spain
• 11.18. Sweden
• 11.19. Switzerland
• 11.20. Turkey
• 11.21. United Arab Emirates
• 11.22. United Kingdom

12. Competitive Landscape

• 12.1. Market Share Analysis, 2023
• 12.2. FPNV Positioning Matrix, 2023
• 12.3. Competitive Scenario Analysis
  • 12.3.1. Expansion of Cooper Corporation's Manufacturing Units in India Enhance its Production Capacity and Technical Expertise
  • 12.3.2. Strategic Partnership Between PTC Industries and Safran Bolsters Global Aerospace Supply Chain
  • 12.3.3. Strategic Expansion and Industry Impact of Pooja Castings Private Limited
• 12.4. Strategy Analysis & Recommendation

Companies Mentioned

• 1. Aero Metals, Inc.
• 2. Ahresty Corporation
• 3. Aisin Corporation
• 4. Alcast Technologies Ltd.
• 5. Alcoa Corporation
• 6. Arconic Corporation
• 7. Aristo Cast Inc.
• 8. Ashland Foundry & Machine Works, Inc.
• 9. Bradken Limited
• 10. Buhler AG
• 11. Consolidated Metco, Inc.
• 12. Dandong Dawang Steel Castings Co.,Ltd
• 13. Dean Group International Ltd
• 14. Dynacast International
• 15. Electrosteel Castings Ltd.
• 16. Georg Fischer Ltd
• 17. Hitachi Metals, Ltd.
• 18. Kohler Co.
• 19. Kubota Corporation
• 20. Precision Castparts Corp.
• 21. Reliance Foundry Co. Ltd.
• 22. Ryobi Limited
• 23. ThyssenKrupp AG
• 24. Waupaca Foundry Inc.
• 25. Weichai Holding Group Co., Ltd